Royal Vegas Casino has been able to benefit from the legalization of online gambling in New Zealand. In early October, parties with a license from The New Zealand Gambling Authority were allowed a online casino games for the New Zealand consumer. As a result, Royal Vegas Casino launched their online casino with which they managed to convert over 40 million dollars in the last quarter of 2021. Despite this, the year of the state-owned company ended deep in the red figures thanks to the forced closure due to the corona lockdowns.
Thanks to the online casino of Royal Vegas Casino, 2021 was still a bearable year for the state-owned company. The casino had to be closed for almost half a year, so it missed a lot of visitors and therefore turnover. The casinos received only 1.6 million guests in 2021, in the year before the pandemic it was more than 6.2 million.
With the launch of Royal Vegas casino online, the company immediately managed to gain a large market share. In New Zealand, more than 185 million dollars have been spent since legalization, last year visitors spent an average of 154 dollars per visit. With this, it managed to convert a total of 304 million in 2021, including the online casino. I
n 2020, the first corona year, without an online casino, sales were higher than in 2021.20% of which was owned by Royal Vegas Casino. Partly thanks to the live games that were offered, giving you a live casino experience, the company was able to gain such a large market share.