Groupe Partouche

What Groupe Partouche does

Groupe Partouche is a publicly traded French casino operator (Euronext Paris: PARP) founded in 1973 by Isidore Partouche, headquartered in Paris, and operating 44 casino properties across France, Switzerland, Belgium, and Tunisia. The group describes itself as the European leader in the casino sector by property count, generating €460.2M of consolidated turnover in FY2025 (+6.0% YoY) and €240.4M in H1 2026 (+3.0% YoY). Beyond core casino gaming — table games and slot machines — Groupe Partouche operates an integrated leisure portfolio of hotels, restaurants, thermal centers, golf courses, SPA facilities, and beaches co-located with or adjacent to its casinos, creating a destination-style entertainment model.

The business model is direct-to-consumer and transaction-based: revenue is generated through the house edge on table games and slot machines across physical venues, supplemented by hospitality spend. In H1 2026, French table games grew 14.8% while slot machines declined 1.7%, and the online gaming platform (Partouche.com) grew 26.0% YoY to €7.1M, indicating a modest but real shift in mix toward digital. The 2025 program included acquisitions of Casino Les Princes and the establishment of Must Group, a 2025 syndicated loan refinancing, and the May 12, 2026 opening of the Club gaming establishment at 10 avenue de La Grande Armée in Paris — positioned as the largest gaming venue in the French capital and operated in partnership with Texapoker. Customer concentration is inherently low given the B2C transactional model, and the company maintains a stable dividend (€0.32/share for FY2025).

Name

Groupe Partouche

Legal name

Groupe Partouche

Website

https://groupepartouche.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Groupe Partouche is a publicly traded French casino operator (Euronext Paris: PARP) running 44 casinos across France, Switzerland, Belgium, and Tunisia, alongside integrated hotels, restaurants, spas, golf, and online gaming, serving adult leisure consumers.

Ownership category

akta.pro rank

Product category

Casino & Gaming Operations

NAICS

Casino Hotels (721120), Casino Hotels (72112), Casinos (except Casino Hotels) (713210)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA)

akta.pro secondary industries

Integrated Casino Resorts (THAGAJAA), Destination/Regional Casinos (Drive-to Markets) (MPAEAAAC), Casino Food, Beverage & Nightlife Operations (MPAEAAAI)

Keywords

• Casino operations
• Gaming entertainment
• Hospitality services
• Leisure destinations
• Online gaming

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Casino Gaming Revenue: Core revenue from table games and slot machine operations across 44 casino properties in France, Switzerland, Belgium, and Tunisia. Table games grew 14.8% in France while slot machine revenue declined 1.7%, generating €240.4M in H1 2026 consolidated revenue (+3.0%).
2. Online Gaming: Digital gaming services generating €7.1M in H1 2026, a 26.0% year-on-year surge, representing a growing share of total revenue from web-based casino-style games.
3. Hospitality & Leisure Services: Revenue from hotels, restaurants, thermal centers, golf courses, SPA facilities, and beaches co-located with or adjacent to casino properties, providing ancillary hospitality income and cross-selling opportunities to casino patrons.
4. Real Estate & Property Operations: Ownership and operation of casino real estate assets across European and North African properties, including facilities management and property development tied to casino expansion and renovation projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Groupe Partouche operates 44 casinos across France, Switzerland, Belgium, and Tunisia, offering table games and slot machines. The group also runs a diversified leisure portfolio including hotels, restaurants, thermal centers, golf courses, SPA facilities, and beaches, plus an online gaming platform serving direct-to-consumer digital play.

Product overview

Groupe Partouche operates as a diversified casino and leisure group, functioning as a platform-plus-properties architecture. The core offering consists of 44 casinos across four countries (France, Switzerland, Belgium, Tunisia), supplemented by integrated hospitality services including hotels, restaurants, thermal centers, golf courses, SPA facilities, and beaches. Online gaming services complement the physical venues, while the Must Group acquisition (2025) and the new Paris Club gaming establishment (2026) represent recent strategic expansions into new markets and formats.

Differentiator

Problem solved

Functional benefit

Brands

• Partouche.com: Online gaming and betting platform operated by the group
• Club (Paris)

Products and services

• Casinos 44 casino properties across France, Switzerland, Belgium, and Tunisia offering table games and slot machines to adult consumers; the core offering and European market-leading footprint of the group.
• Hotels

Quantifiable outcome

• Revenue of €460.2M in FY 2025, up 6.0%, with online gaming growing 26.0% to €7.1M in H1 2026.
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• TexapokercoreStrategic or Co-development Partner · 12 May 2026Partnership with Texapoker to open the Club gaming establishment at 10 avenue de La Grande Armée in Paris. The venue, opened May 12, 2026, is positioned as the largest gaming venue in the French capital, combining Texapoker's poker expertise with Partouche's casino infrastructure.
• Must GroupminorOthersGroupe Partouche expanded its operations in 2025 through the establishment of Must Group, marking a strategic diversification or acquisition move within its portfolio of casino and leisure operations.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Flutter Entertainment: Global online gaming and sports betting giant (owner of PokerStars, Betfair, FanDuel). Comparable as Partouche.com faces this operator in the European online gaming space, representing a digital-native competitor.
• Genting Group: Malaysian-headquartered global integrated resort operator with European operations through Genting UK and Resorts World. Comparable as a large-scale integrated casino-resort operator with diversified leisure offerings.

Others

• Novomatic AG: Austrian gaming technology and operator group. Comparable as a supplier of slot machines and gaming technology to European casinos, including potentially to Partouche properties.
• Accor SA: Global hospitality group with significant European hotel operations, some of which are co-located with gaming venues. Comparable as a hospitality partner/competitor for the hotel component of Partouche's integrated resort strategy.

Direct peers

• Casinos Austria International: Austrian state-licensed casino operator with European casino properties. Comparable as a regulated European casino operator with integrated hospitality offerings and similar geographic and regulatory dynamics.
• Groupe Lucien Barrière: Leading French casino and hotel operator with integrated resort properties across France and internationally. Direct competitor to Groupe Partouche in the French casino market with a similar integrated casino-hotel-restaurant model.
• Société des Bains de Mer (SBM): Monaco-based operator of iconic casino properties including the Monte Carlo Casino and luxury hotels. Direct peer offering integrated casino and luxury hospitality experiences in a European regulatory environment comparable to Partouche's Swiss and French operations.
• Codere: International casino operator with significant presence in Spain, Italy, and Latin America. Comparable as a multi-jurisdictional European casino operator with a regulated gaming business model and integrated gaming halls.

Emerging players

• Entain plc: Global digital gaming and sports betting operator (Ladbrokes, Coral, bwin, partypoker). Comparable as a competing online casino and gaming operator in European regulated markets where Partouche.com operates.
• Kindred Group: European online gambling operator (Unibet, 32Red, Maria). Comparable as a digital-native operator competing with Partouche.com in the European online casino and gaming vertical.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Partouche
• Facebookfacebook.com/groupepartouche
• LinkedInlinkedin.com/company/groupe-partouche

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Groupe Partouche