Login/Register
NetEnt
NetEnt
Quickspin
BigTimeGaming

Partouche seeks creditor protection to restructure debt

2nd October 2013 7:33 am GMT

French casino operator Groupe Partouche has sought creditor protection at the Tribunal de Commerce de Paris as a result of its inability to pay debts of €233.7m.

The 'safeguarding' application will allow the company to suspend debt repayments in order to raise funds to pay creditors and avoid insolvency.

Partouche said the decision to initiate proceedings came after several year of operating in a "difficult environment" and despite its continued efforts to restructure unprofitable divisions. It [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Skywind Group
Pragmatic Play
Evolution Gaming
Greentube
Playtech
BigTimeGaming