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Casinos Austria International in the red
The overseas subsidiary of Casinos Austria, Casinos Austria International (CAI), fell deep into the red in the first six months of 2010.
Between January and June this year, the company made a loss of EUR 14.4 million (USD 18.3 million), down from a profit of EUR 24.6 million a year ago.
Revenues from gambling sank 4.7 percent to EUR 104.1 million, according to the half-year report presented on Tuesday evening.
The European casinos sector was heavily affected by the economic crisis, the company said. In…
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