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Land-BasedCasinoIndustry

Coronavirus: Genting UK to make "heart-breaking decisions" on staff and casinos

CEOs within the gaming industry, notably Betting and Gaming Council CEO Michael Dugher and Hippodrome Casino CEO Simon Thomas, have expressed their dismay with the situation.

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So far, though, the UK Government is yet to reopen casinos, leaving firms like Genting facing "heart-breaking decisions."

In a statement emailed to the media, Genting said: "Like all businesses across the leisure and hospitality sector, we have faced unprecedented challenges and heavy losses over the past few months as a result of the coronavirus pandemic.

"Despite the ongoing uncertainty in relation to when we may be able to open our doors again, we are continuing to prepare for our reopening – albeit with significant changes being implemented to our physical premises and to our operating model.

"In light of these changes, we are having to make some heart-breaking decisions about the future of the business and it is with huge regret that job losses are simply unavoidable."

Genting's financial struggles have not been restricted to the UK market, either, with one of its Singapore properties recently announcing it will be laying off staff.

Resorts World Sentosa, a Singapore integrated resort operated by Genting Singapore, could be letting go close to 2,000 employees (out of 7,000).

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