The Swiss Loterie Romande public lottery saw earnings tumble nonetheless earnings and contributions to factual causes upward push in 2023.
In its annual record for the year to 31 December 2023, Loterie Romande finished sinful gaming earnings of CHF420.7m ($458.9m /€423.9m /£360.6m). This changed into down 3.4% on the record CHF435.5m generated in 2022.
Loterie Romande, which is the lottery provider for the six French-talking Swiss cantons, acknowledged geopolitical and economic challenges contributed in opposition to the earnings drop. The absence of long jackpot cycles for Swiss Loto and EuroMillions also decreased search recordsdata from from casual players at points of sale.
Some 70% of adults in French-talking Switzerland played a Loterie Romande game in 2023. The popular game changed into EuroMillions, played by 67% of French-talking of us. This changed into adopted by Tribolo scratchcards (61%), Swiss Loto (56%) and Rento (41%).
Lottery draws remained the largest vertical, generating CHF152.3m. Nonetheless, this changed into down 8.4% year-on-year, in phase due to the the absence of long jackpot cycles. Rapid earn tickets introduced in CHF135.3m.
In 2023, 31 players acquired as a minimum CHF1m due to the Swiss Loto and EuroMillions.
Financial investments boost outcomes
Whereas earnings decreased, Loterie Romande elevated earnings and paid a record earnings to the public utility in 2023. The team pays out CHF243.7m to factual causes, which is up on the CHF243.4m distributed in 2022.
Savings on financial costs and earnings changed into the largest contributor in opposition to the earnings assert. Now not like 2022, financial investments finished sure performances, generating a earn earnings of CHF5.1m. Loterie Romande changed into ready to a itsy-bitsy cut marketing and marketing and fashioned administrative costs.
“This outcome will in all probability be attributed in explicit to the rigorous administration of working costs, the strengthening of our digital offering, and – with the start of the European scheme game EuroDreams in October 2023 – the diversity of our product fluctuate,” acknowledged Jean-René Fournier, chairman of Loterie Romande.
Practically 5,000 tasks in Vaud, Fribourg, Valais, Neuchâtel, Geneva and Jura will gain a total of CHF220.8m. National sport will gain CHF19.5m, while the Swiss Horse Racing Federation will obtain CHF3.4m.
Source:iGamingBusiness