Crown Sydney is closing one in every of its VIP gaming flooring and reducing 95 jobs because of poor demand from excessive rollers. [Image: Shutterstock.com]
After a scarcity of enterprise from its goal market of excessive rollers, Crown Sydney is pressured to shut one in every of its VIP gaming flooring and minimize 95 jobs.
The gaming space has solely been open for a few 12 months within the Barangaroo property. The on line casino knowledgeable workers on Thursday of the graduation of a voluntary redundancy program. Some staff will be capable to fill open positions on the on line casino, in addition to any roles within the firm’s Melbourne and Perth properties.
Crown Resorts confirmed to the Sydney Morning Herald that simply the “crystal” flooring will stay open for the second. Explaining among the reasoning behind the transfer, a spokesperson stated it’s a response to:
the present macroeconomic challenges going through our trade alongside different Australian companies.”
The Crown Sydney’s goal market is excessive rollers, which is why it has no slot machines and a minimal desk sport stake of AU$20 (US$13). Gamers who go to the property will now solely have entry to 160 tables and 66 digital desk video games.
That is the newest little bit of dangerous information for the Blackstone-owned on line casino agency. Crown has not too long ago been hit with a record-breaking nice of AU$450m (US$290m) referring to in depth failings at its properties throughout Australia, together with cash laundering and terrorism financing failings.