Australian operator Crown Resorts has closed one of its two VIP gaming floors at Crown Sydney due to ‘macroeconomic challenges’ adding it will start a voluntary redundancy program to lose 95 workers.
The Crystal and Mahogany VIP rooms offer a combined 160 gaming tables and 70 electronic gaming tables, while there are an additional 12 exclusive private Sky Salons located on levels 28 and 29.
A spokesperson for Crown Resorts owner The Blackstone Group said: “Crown has made a decision to consolidate its two VIP casino floors in Sydney in response to the current macroeconomic challenges facing our industry alongside other Australian businesses.”
“Unfortunately, this decision will impact some of our team members, and we are working with them and their union to consult on their options in the hopes of placing as many people as possible in other roles. Our priority is to support our people through this process, and manage these changes with care and respect.”
Some staff will be offered positions at Crown Melbourne or Crown Perth. The loss of Asian junket operators has affected the casino’s VIP only model.