Algarve casinos generated € 35 million in gaming revenue in 2019

Algarve casinos generated € 35 million in gaming revenue in 2019


The three Algarve casinos generated in 2019 a total of over 35 million euros in gross gambling revenues, according to figures released by the website Live Money.

Vilamoura Casino again generated the largest revenue from the Algarve's three gaming venues, worth 19,337,928 euros, down 1.03% from the previous year.

According to Dinheiro Vivo, which cites figures provided by the Portuguese Casino Association, the Algarve Casino Hotel in Praia da Rocha (Portimão) generated last year a gross gambling amount of 10,137,673 (+ 0.08% than in 2006). 2018).

Monte Gordo Casino presented the highest percentage increase over the previous year (+ 0.87%), with revenues of 5,937,985 euros.

Overall, gaming revenues from the three casinos managed by the Solverde group in 2019 amounted to 35,413,586 euros, down 0.4% from the previous year.

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