Austria’s Union of Private Sector Employees, Printing, Journalism, and Paper (GPA-djp) has attacked the ambitious restructuring plan agreed by Casinos Austria earlier this week, saying that the state oversight of the business has failed.
The supervisory board of Casinos Austria has approved a proposal from the business’ management team for a far-reaching restructuring plan through which it aims to reduce costs by more than €40m, but which will see its employee headcount significantly reduced.
Circus Circus Casino has filed a lawsuit against insurance company AIG for damages exceeding $75m in the United States District Court for Nevada, arguing the operator’s AIG insurance policy failed to cover “all risks” as specified during the novel coronavirus (Covid-19) crisis.
Star Entertainment Group has announced it will relax certain novel coronavirus (Covid-19) restrictions at its Star Sydney property from today (1 July), while the Australian operator also confirmed it will reopen some facilities at its Star Gold Coast and Treasury Brisbane venues later this week.
New Zealand-based casino operator SkyCity Entertainment Group has reopened its gaming, entertainment and hospitality facilities in Adelaide, Australia, and also revealed that its recent NZ$180m (£93.9m/€102.8m/US$115.3m) share placing drew strong support from investors.
A new survey by the UK government reveals that gambling businesses are split over whether they can withstand the disruption caused by novel coronavirus (Covid-19), though a significant number of respondents reported revenue being wiped out by lockdown.
New Zealand-based casino operator SkyCity Entertainment Group is to return to normal operating hours at most of its casinos in the country after the country's government downgraded its novel coronavirus (Covid-19) alert to its lowest level.
Westdeutsche Spielbanken (WestSpiel), the land-based operator owned by the German state of Nordrhein-Westfalen (North Rhine-Westphalia), made €136.8m in gross gaming revenue in 2019, up 27.0% year-on-year.