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France – Annemasse casino gets €300,000 tax reduction due to COVID

By - 6 December 2021

The municipality of Annemasse in the Haute-Savoie region of France has reduced the tax needed to be paid by the local Partouche-owned casino by almost €300,000.

The 2020-2021 financial year at the Annemasse casino was strongly impacted by the Covid-19 pandemic. During the period, between November 2020 and October 2021, the establishment operated by the Partouche group recorded no less than 199 days of closure.

According to the casino, the impact of the closure would amount to € 13m. This is the reason why Dominique Lachenal, assistant to the finances of the municipality, proposed an amendment to the delegation contract binding the municipality of Annemasse to the casino. As the amendment already voted for the 2019-2020 financial year, it plans to prorate the two financial participations of the casino, calculated on the basis of a fixed price, to the number of actual opening days of the establishment. The Annemasse casino came 22nd in the ranking of French casinos in 2018-2019, the last year before the health crisis, with a GGR of €323.775m.

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