Groupe Partouche released yesterday evening a turnover of 122.4 million euros for its first quarter 2010-2011 (November-January), an increase of 5.7% over the same period last year precedent.

The casino business saw its turnover increase by 6.2% to 113.4 million euros.

In its statement, the group says it is continuing its efforts in cost management and control of investments, which provide a good level of liquidity.

The good performance of the activity contributes to profitability of operations, the company adds.

For his part, Gilbert Dupont believes that restarting the business is welcomed and control of cash. It is therefore a target price of 2.7 euros to 3.1 euros on the title Group Partouche , while keeping his opinion to accumulate ‘.

Investors also seem popular publication, since the share rose 3.8% to 2.8 euros, about 9:40, on the Paris market.

The commando, who acted in the night from Saturday to Sunday, is still at large.

The black series continues in French casinos, with the eighth robbery in less than a year. This time, the casino group Lucien Barriere at Cassis, Bouches-du-Rhone, who was the victim of thieves in the night from Saturday to Sunday.

Three people wearing balaclavas and armed with Kalashnikovs have seized boxes of surface without injuries and without firing a shot. The robbers fled on board an unidentified vehicle and have still not been found.

Booty estimated at several tens of thousands of euros

Several hundred guests were present on the premises at the time. One of them, a police officer, warned the police directly. Investigators now analyzing recordings from surveillance cameras in the facility to find clues. The damage is estimated at several tens of thousands of dollars.

Before that it Cassis, seven other gaming establishment have been steering the target in recent months: the Casino de Lyon in April 2010, followed by Uriage (July), Collioure (September), Saint-Julien en Genevois (October ) before Lille (November), Saint-Amand-les-Eaux (February 7, 2011) and Dunkirk (February 8, 2011).

Monday, March 1, action LVS closed the day down 6.30%. The same day the group Sheldon Adelson said in its annual report be under three corruption investigations. Back on a case that has not finished shedding of ink in Macao, a new Eldorado of the game

It is a blow to the American casino Las Vegas Sands, owned by Sheldon Adelson. While in recent weeks, we informed you of profits recorded by the Pharaonic group in Singapore and its projects in Spain, that emerge from corruption charges.

These surveys conducted simultaneously by the SEC, the Department of Justice and the Control of Nevada’s gaming industry resulting from accusations by the former Managing Director of the Division of Macao, Steven Jacobs. The latter, thanks in 2010, accuses China Ltd. Sands., 70.3% owned by U.S. group Las Vegas Sands breach of the Foreign Corrupt Practices Act. The group allegedly made payments to certain employees to facilitate the implementation of the company in Macao.

Scandal founded or resentment of an officer fired? Recall, in fact, that Steven Jacobs is currently on trial for “unfair dismissal”. According to him, Sheldon Adelson would have threatened several times and finally thanked because he refused to comply with its requirements.

In a statement to the Las Vegas Review Journal, Las Vegas Sands Group has denied all allegations, stating that this case resulted from a disgruntled former employee fired. Sheldon Adelson intends to defend against the charges of corruption and has even said they wanted to cooperate with U.S. authorities.

This case could tarnish the group’s financial health insolent and have a significant impact on future earnings and stock price LVS. Las Vegas Sands has recorded a turnover of nearly $ 7 billion in 2010 and the forecast is very promising: the group should reach 9 billion in 2011 revenue and more than 13 billion in 2014! The action LVS jumped 207% in 2010! Another issue is the credibility of Macau. And for good reason, instead of Macao is now worth four times more than Las Vegas.

If the accusations prove true, fines and restrictions on gambling could cripple profit growth of Las Vegas Sands. Otherwise, if the charges are not brought against our baron, the low share price is a buying opportunity.

Verdict on March 15: District Court of the County of Las Vegas will hear the motion to dismiss the complaint filed by Steven Jacobs. In all cases, the evolution of this file will be a definite influence on the share price LVS.

Groupe Partouche has not not been a jackpot for its shareholders. In less than five years, the stock of the first French operator of casinos has been divided by ten. The blame for crisis, competition from online gambling and the smoking ban in public places. Sebastian Korchia, manager at Meeschaert AM MAM Family Business (FR0000988933) is nevertheless of the view that Group Partouche could have eaten his black bread.

2010 earnings of Group Partouche reflect the crisis that the group went through in recent years. The French leader casinos posted a net loss of 58 ME in the past year. It rose to 16.7 million in 2009. The operating profit (-25.9 MOE), meanwhile, was weighed down by impairment to goodwill.

Four years of bad luck

Sébastien Korchia, the manager of MAM Family Business (FR0000988933), it is no longer appropriate to dwell on the bad results: “The group has accumulated disability and difficulties in the past four years. He had to cope with the downturn of traditional games, the economic crisis, competition from online gaming, increasing the tax burden due to an increase in CSG, and the prohibition of smoking in public places whose impact on public attendance at casinos is now beginning to subside. The addition of all these headwinds led Group Partouche to record losses and find an extremely deteriorated financial situation, all leading to a real stock market crash, “since the title has loosened over 80% in five years.

This bleak picture does not shake completely Sebastian Korchia who believes that Partouche is perhaps the dawn of a history of recovery, as would delight the dung beetles. “Firstly,” notes Human Meeschaert AM, “the loss of 2010 were heavier items. The group has cleaned up its accounts. ”

Then, with the improvement of the economic cycle, ” Partouche probably will reconnect with benefits “says the asset manager Meeschaert AM” whose profits growth will be even stronger than the base effects will be extremely favorable, years previous was bad or very bad. ”

The figures released by Groupe Partouche under the first quarter of fiscal year 2010/2011 are as such, encouraging. The turnover of the casino operator is greater than analysts’ expectations and up from 5.7% to 122.7 ME. The casino business (96% of the total, the remainder being attributable to the hotel) for the period increased by 6.2%. In the wake of the publication, Gilbert Dupont issued an opinion on Earn Group Partouche he matched a target price of 3.14 euros (2.69 euros previously cons).

Valuation of casinos at the low point?

Another positive sign, according to Sebastian Korchia: the renewed interest in the sector from investment funds, renewed perceptible through the takeover of part of Fimalac Lucien Barriere and the entrance next to the capital of Partouche Butler Capital Partners. “If these major equity specialists who typically seek high returns go to the casino sector, perhaps it is a sign that the recovery of it in France has reached a floor. ”

Butler Capital Partners: money welcome to Partouche

But beyond these sectoral considerations, the arrival of Butler Capital Partners is the manager after MAM Family Business is great news for Groupe Partouche . “Butler Capital Partners in April guarantee of EUR 2 per share capital increase through which Partouche will raise 30 ME. This transaction will allow Butler Capital Partners to hold between 12.5% ??and 15.5% stake in Groupe Partouche -stress balance very tight this year. The ratio of debt to equity, which had peaked to 126% and had dropped from 98% and will fall to 51%. With this new money, the casino operator is given oxygen and time to sell some of its assets, taking care not to sell out. ”

Besides, the market does not make a mistake. “While the capital increase shall be effected at a price lower than the security at the time of its announcement, the action Partouche has not fallen. Instead, the opposite happened, “said the manager. “The title has got 3 euro, and has stabilized at around 2.70 euros since. ”

Briefly, after the lights have been bright red to orange pass slowly except green. “And when you see the path of fellow American casinos, one can say that if the good news is confirmed, the stock exchange history of Groupe Partouche can really attractive again, “insists the manager of MAM Family Business.

The shareholders of Partouche what would really be rubbing their hands as if the market was on track for its American counterparts: Las Vegas Sands, which stagnated at a low of 1.5 dollars in 2009 worth $ 43 March 4. As for Wynn Resorts, which owns casinos (Las Vegas) as well as luxury hotels (Las Vegas, Macau), its action was increased from $ 150 in 2007 to $ 13 in 2009 at the height of the crisis, has risen to negotiate since March 4 at about $ 130 per share.

A small bet on Partouche

However, the manager of Meeschaert AM is careful not to prematurely sell the chickens and do not underestimate the risks to the folder. “The recovery Fellow Group Partouche is conditional on a favorable cycle. In addition, players in the gaming industry are not in the current environment free from increased tax burden. “So, it is best not wholesale paris on the title. “The record includes more and more interest but be careful. Give a first time Partouche a small line in a portfolio to eventually strengthen seems the best course of action, “says Sebastian Korchia ( Partouche represents 1% of MAM Family Business), which sets a target of 3 euros in the short term before to expect a course of 4 Euros horizon of 12 to 18 months.

Fimalac Development, diversified platform of Fimalac, has completed today its acquisition of Accor with a 34% stake in Groupe Lucien Barriere terms and conditions that were announced January 12, 2011.

Given the parallel reduction of capital made ??by Groupe Lucien Barriere 15% by cancellation of treasury shares, also acquired from Accor, Fimalac Development now owns 40% stake of Groupe Lucien Barrière . The purchase price, amounting to 186 million, was financed from own resources Fimalac.

Everything was within five minutes. Four men, hooded, heavily armed, have made ??back yesterday, the contents of boxes of Casino Mondorf-les-Bains in Luxembourg. The spoils would be less than 100 000 €.

Guido Berghmans do not always returned yesterday afternoon. The owner of Casino 2000 Mondorf-les-Bains in Luxembourg said with sincerity, “I think it’s really dared to do such a thing.” Fortunately, at the time, at 2 o’clock yesterday morning, customers and employees have reacted the best way possible: with calm and composure. “Nobody was injured, and for me, it’s essential,” says Mr Berghmans, in a voice that expresses both confusion and relief. But even without violence, those few minutes worth of our favorite TV series, likely to remain entrenched in many minds. Because these are four men armed with Kalashnikovs, a hammer and a rifle burst into the room casino games Luxembourg. For this, they crossed all the hall, climbed a flight of stairs leading to the casino itself and forced the multiple controls intentionally very visible. The witnesses have all noted the professional look of this squad, its organization, to act quickly. The largest of them, with particularly impressive shoulders, yelled upon entering the room. Probably the chief felt that the witnesses also noted the slight limp from one of his cronies. In the room, nobody flinched. Employees have placed their hands on their heads, while customers were lying on the ground. The glass of the box was broken with a hammer and money won at great speed in many cases and on the gaming tables.

The car found near Metz

No shots were fired, but an employee has served as a cover for a few minutes, causing the criminals as they fled down the parking lot. There, a BMW, with a fifth man at the wheel, waiting for the troops. The car crossed the border in Mondorf and spun join the A31. Meanwhile, the police had been alerted. The men of the police great ducal de Luxembourg, Remich Grevenmacker and arrived just minutes after the departure of the authors. They had already alerted the French and German authorities. French police on the A31, has located the car in question was being chased but could not intercept.

Yesterday afternoon, the BMW was found near Metz. The vehicle had been stolen on January 1 in the suburb of Villeurbanne, near Lyon.

Obviously, these gangsters were not their not their “first time”. However, Guido Berghmans believes that it may be very disappointing for loot. “We do know that on Monday Montat correct, but I can say with certainty that their booty is much lower than 100 000 €. It has long been limited to the casinos can the liquid. Winnings are paid by check, credit card preferred. As for security, “it is changed permanently. It suits regularly to avoid such scenes. Yesterday, the casino was open as usual. “It continues, it would not react well otherwise. “Two employees were still traumatized and a psychological unit has supported.

At the head of the casino-Gujan Mestras, Frédérique Ruggieri launches online site

“A will that commands respect!”, Told Michel Audiard. The last shot of the CEO Socodem (casino owner Gujan-Mestras) will not fail to annoy the competition: the launch this weekend, the online poker site (MyPok.fr) program with Cash game and tournaments. Procedures of the court, hunger strike, facing the juggernaut of the competitor Partouche , ubiquitous around the Bassin d’Arcachon is not without difficulty, after four years of bitter struggle that Frédérique Ruggieri was able to open its casino in 2005.

Stars to the buzz

In the latest installment of this saga, the business woman is paid even afford the luxury, for the promotion, the defender of the Girondins, Cedric Carrasso, and Joey Star for online advertising. “?” We play in the big leagues? “Says the businesswoman. Especially with a turnover of 900000euros for the month of January, Gujan-Mestras and its 35 employees (in the top 20 poker rooms in France) have walked off the set, facing local competitors rather greyness. “?” We are the only ones to offer a real casino associated with a virtual site. It is much safer? “Says Frédérique Ruggieri who finally did not wait for the day of the woman to survive in a world of men.

The casino project in La Tene interest to the United States. If it goes ahead, the operator will be the company Century Casinos. This company is based in Colorado. It operates casinos in the United States, Canada, Poland and luxury liners. Century Casinos plans to invest 30 million francs in the proposed La Tene, close to the Ibis, to Thielle. The company wants to build a brand new casino on 2,000 square meters, with 250 slot machines, 18 gaming tables and underground parking.

The casino of La Tene is competing with three other projects in Neuchâtel. The Federal Council must decide by this summer.

WASHINGTON – People who are sleep deprived tend to be overly optimistic before taking decisions, and are more likely than others to take risks, according to a U.S. study published Tuesday.

The study, published in the journal Neuroscience, provides scientific evidence that managers of casinos already know: after a certain number of hours, players continue to bet until they all lost.

The study examined 29 adult healthy volunteers, mean age 22 years and asked them to take a series of economic decisions after a good night’s sleep, and again after a night when they were deprived of sleep .

The researchers used the technique of magnetic resonance imaging (MRI).

In people deprived of sleep, scanners showed greater activity in parts of the brain responsible for positive expectations, and instead a weak activity in the parts that deal with negative expectations.

“The sleep-deprived individuals who participated in the study tended to make more choices with an emphasis on monetary gain and fewer options to reduce losses,” according to a study conducted by researchers at the Duke University, North Carolina (southeastern U.S.) and Singapore.

Caffeine, fresh air and exercise are not enough to combat the effects of fatigue, said one of the co-authors of the study, Vinod Venkatraman, graduate student in psychology and neuroscience at Duke.

“People who play into the wee hours of the day should not only count with the chance of machinery, but with their own brain that lack of sleep and implicitly tend to anticipate gains and minimize the probability of loss,” he said .

French casinos congress held in Bagnoles de l’Orne, in a context of crise.La Lower Normandy is one of the regions with the highest number of establishments.

Casinos de France Bagnoles

“For the first time the national convention does not take place in one of the top ten French casinos,” says Gerard Maudelonde, director of casino Bagnoles de l’Orne, who put the dishes in large Wednesday and Thursday to accommodate “the majority of the 197 casinos, except group Partouche . A conference in a gloomy atmosphere, “not terrible, terrible,” admits Gerard Maudelonde, 19 years Trouville casino, then 19 years in Bagnoli, on the eve of his retirement. And proud of having led the only casino in Lower Normandy lands (140 slot machines) in third place behind the regional historical leaders, Deauville and Trouville.

Land casinos

Lower Normandy is one of the regions having the highest number of casinos: 13. As far as Britain. In comparison, Provence Alpes – Côte d’Azur, the first in which 12 of 18 for the Alpes-Maritimes.

Emerald

The group operates two casinos in Normandy and Bagnoles Fecamp and six in France. Emerald was established in 1996 by Pierre Le Foll, chief executive of construction group Le Foll.

Viking s casinos

The regional stage, discrete, reaping good results in Houlgate with a leap of the 144th to 100th place nationally. Houlgate is one of seven casinos in the group headquartered in Falaise. Viking ‘s other activities: automotive, hospitality (twenty Mercure, Ibis, Etap Hotel Honfleur, Granville, …), Mondeville terra cotta (Fauvel), desserts (Tartefrais Falaise) …

Barrier

Groupe Lucien Barriere, who in 2012 celebrates the centenary of the casino of Deauville, has the largest number of establishments in Lower Normandy, three Deauville, Trouville and Ouistreham. It is also the largest park Slots: 360 to Deauville, Trouville and 240 to 149 to Ouistreham.

Sharp and Joacasino

The first family group with a score of casinos, is managed by both the son of former MP Georges Tranchant . It operates Luc-sur-Mer, 114 slot machines, and Villers-sur-Mer, 100 machines. Joacasino (ex Moliflor) more prevalent in the south of France operates St. Aubin and Saint-Pair, 79 and 70 slot machines.

Independent

Granville (100 machines) is a member of the Association of Independent casinos de France (ACIF), which brings together 38 institutions.

Partouche

It has the largest number of casinos in France (47) which Cabourg, Agon-Coutainville, Le Havre, Dieppe in Normandy. But his intimate enemy Barrier has the highest turnover with Enghien first French Casino, Deauville and Cannes.