Retail

France’s retail conglomerate Casino reported a complex financial year marked by structural contraction and tentative operational stabilization. In 2025, consolidated sales reached €8.26 billion, reflecting a modest 0.5 percent rise on a like-for-like basis but a 2.5 percent decline on a reported basis due largely to widespread store closures. Approximately 1,000 neighborhood outlets were shuttered as part of a strategic recalibration aimed at restoring profitability and strengthening core assets.

Creditors of French retail group Casino have advanced a proposal to assume control of the financially distressed supermarket operator as part of a broader restructuring effort. The move comes amid mounting debt pressures, liquidity constraints and declining market share in a fiercely competitive grocery sector. Under the proposed plan, lenders would convert a substantial portion of outstanding debt into equity, effectively diluting existing shareholders while stabilizing the company’s balance sheet.

IGT PlaySports, a leading provider of sports betting technology, has partnered with Island View Casino Resort to introduce a world-class retail sports betting platform in Mississippi. The initiative marks a significant expansion of regulated wagering services in the region, combining advanced technology with a high-quality customer experience. The partnership is designed to meet rising consumer demand for in-person sports betting and strengthen the casino’s entertainment offerings.