The company's revenue for the six months ending 30 June was €1.75bn, up marginally from €1.74bn in the corresponding period of 2019.

This follows a string of setbacks for the land-based slots operator caused by the epidemic. The company reported a €2 billion drop in sales between 2020 and 2021, and it had to close over 1,000 venues for significant portions of that year. Additionally, it mentioned that operational expenses were "largely unchanged" even with the closures.

Chairman Paul Gauselmann (left) expressed his joy at the news that the pandemic has subsided and that they are once again in charted territory. "This success is mainly the result of our great ideas and the commitment of all of our employees. It once again demonstrates the power of perseverance and unity in achieving goals."

The Gauselmann Group attributed its comeback to "increasing diversification" in addition to the overall recovery from the epidemic.

The Gauselmann Group is diversifying its revenue streams and lowering its reliance on certain markets and business models, according to the company.

To "compensate for the increasingly difficult situation in the German home market," the group pointed to expansion in the United Kingdom and Spain as a vital component of the recovery.

Consequently, almost 60% of Gauselmann's income currently comes from activities outside of Germany.

It was extremely crucial to advance our worldwide business activities, from an entrepreneurial standpoint, according to Paul Gauselmann.

The company's workforce grew by 10.7 percent in 2021, reaching about 15,000 employees.

With its affiliate Mernov obtaining the country's first slots licence, the company also considered opening an online casino in Germany. Conditions may have to be more "reasonable" for operators to flourish in the market, according to Paul Gauselmann. This includes increasing efforts to combat the illegal market.

"We will certainly be actively contributing with insightful suggestions in the online segment," he declared. "Success will follow if we act and can rely on more reasonable framework conditions moving forward."