Tag Archives: Closure
France – Partouche fined €730,000 for shutting La Trinité-sur-Mer casino in 2015
French operator Partouche is being fined €730,000 for coming out of its agreement to operate the casino in Trinité-sur-Mer six and a half years before the end of the public service delegation. The operator closed the casino located in Morbihan on June 30, 2015 initially fined €128,670. Partouche had set up a subsidairy called Grand…
Italy – The Court of Como forces Campione Casino to close
The Court of Como has forced the temporary closure of Campione d’Italia on Lake Lugano declaring it bankrupt with debts of over €130m. The court has appointed three bankruptcy curators, Elisabetta Brugnoni, Sandro Litigio and Giulia Pusterla to examine two hypotheses: a reopening that would allow the casino to continue to operate in an attempt…
Greece – Club Casino Loutraki ordered to close following tax stand-off
The Hellenic Gaming Commission has closed down Club Casino Loutraki due to unpaid gaming taxes which are believed to be part of a stand-off as the casino’s owners wait for over paid taxes to be paid back to it by the government.. The casino reportedly owes €250,000 in unpaid gambling tax from the start of…
Argentina – Unions reject closures and new tender for Buenos Aires
Unions have joined forces to protest against the closure of three gaming halls in the province of Buenos Aires. Members from The Association of Management and Maintenance Services for Casinos (AMS) alongside workers belonging to the Association of Employees of National Casinos (AECN) have rejected the provincial government’s decision to close the gaming halls as…
Argentina – Casino to close in Necochea
The Mayor of Necochea Facundo López has questioned the government’s decision to close the single casino in the city of Necochea in the south-east of the Buenos Aires Province claiming it would ‘leave 70 families out on the street.’ López also warned of the negative impact the closure would have on the local tourism industry….
UK – Genting to close Star City in Birmingham
Star City, launched as the future of British casinos in 2003, is expected to close 13 years later in January. Owners Genting UK is consulting with staff over placing them in new jobs throughout the North West. The casino has been hit by the opening of another Genting casino Resorts World Birmingham close to the NEC,…
Belarus – Olympic exits the Belarusian market
Olympic Entertainment Group (OEG) has confirmed it will exit the Belarusian gaming market due to the inefficient operations caused by the macroeconomic situation and poor prospects to increase profitability in Belarus. The revenues and income of the Belarusian subsidiary of OEG in 1H 2016 amounted to €0.2m and operating loss amounted to €0.15m. In 1H…
Argentina – Casino closure sparks controversy in Mendoza
Local lawmakers have delayed a last minute deal which would have guaranteed the future of Condor Casino in Mendoza. Owned by KLP Entertainment the company had agreed to pay an outstanding tax debt with the provincial government last month. The casino Condor was initially closed for ten days on July 12 by The Institute of…
US – Taj Mahal to become fifth casino to close in Atlantic City
The Trump Taj Mahal casino will become the fifth casino to close in Atlantic City, with management saying they could no longer run a loss making casino in the middle of continued strikes by workers. The Local 54 of the Unite-HERE workers union had called a strike in an attempt to restore health insurance and…
