manchesterwired
Wales
Aspers casino: 100 jobs at threat in Swansea's Wind Street
Published: 14th May 2012 21:46:42
Wales' biggest casino is planning to close with the loss of over 100 jobs.
Aspers will begin a 90-day consultation with its staff at the premises in Wind Street, Swansea, saying the venue is not commercially viable.
Swansea was one of eight cities in the UK to be granted a small casino licence under legislation passed in 2005.
The firm, which opened the £13m casino in 2007, added it wanted to bid for a licence under the new legislation but it has not yet been put out for tender.
Aspers chief operating officer Richard Noble, said: "We have undertaken a comprehensive review of the Swansea site which has determined that the continued operation of Aspers in Swansea does not seem to be commercially viable.
"Swansea was one of the UK's eight cities to be granted a small casino licence under legislation passed in 2005.
The continued operation of Aspers in Swansea does not seem to be commercially viable”
"For five years now we have eagerly awaited the opportunity to bid for the licence which would have allowed us to operate a much more viable and enhanced customer experience with a wider offer than a typical casino.
"Unfortunately, the licence has still not been issued for tender. Of course, we have also been battling against extremely challenging trading conditions for the last few years as a result of the downturn in the economy.
"Combined, these factors have led us to the difficult decision to consult on the closure of the Swansea site."
Mr Noble said the casino's staff would be involved in the consultation and should it close, there would be redeployment opportunities at other branches.
When Aspers opened its doors, the casino was expected to attract 10,000 people a week and see £4.5m spent on gambling over the course of the first year.
Harvard Citation
BBC News, 2012. Aspers casino: 100 jobs at threat in Swansea's Wind Street. [Online] (Updated 14 May 2012)Available at: http://www.manchesterwired.co.uk/news.php/1428506-Aspers-casino-100-jobs-at-threat-in-Swanseas-Wind-Street [Accessed 21st May 2013]
Latest News
-
At 06:24:07 in Other
Sir Cyril Smith abuse claims investigation widens
Ten people are being investigated over historical allegations of sexual abuse at a residential school, where it was claimed Sir Cyril Smith ... -
At 04:00:11 in Headlines
Food swapping: The movement taking off in the UK
The food swapping movement is taking off in the UK with new groups springing up across the country.... -
At 03:41:25 in Other
Compare your club in fans' league table
Premier League attendances for 2012/13 have shown an increase of nearly 4% on the previous season.... -
At 00:34:00 in Business
Foreign comedians stand up for the UK
Top comedians in the UK can earn millions and it is now a destination for performers from all over the world. From club comedians to corpora... -
At 14:35:37 in Other
HS2 compensation row could lead to class action lawsuit
Campaigners opposed to the high-speed rail line through the Midlands are seeking legal advice on taking the government to court en masse.... -
At 13:21:43 in Other
Norman Moffatt murder trial: Daughter describes moments after attack
The daughter of a murdered pensioner has described seeing her father just moments after he was stabbed. ... -
At 12:53:52 in Other
Wigan Athletic bus parade to celebrate first FA Cup
Thousands of fans are expected to line the streets later as Wigan Athletic celebrate the club's first FA Cup title with an open top bus... -
At 11:45:18 in Other
The secret colonies of graffiti artists and skateboarders
There's a furore around a graffiti-festooned, skater hangout under threat on London's Southbank. These graffiti and skating "... -
At 11:25:43 in Other
Officer completes 230-mile run for killed PCs Bone and Hughes
A police officer completed nine marathons in six days in memory of murdered Greater Manchester PCs Fiona Bone and Nicola Hughes.... -
At 10:22:03 in Other
Bolton baby death: Police hope parents attend funeral
Police searching for the parents of a baby girl who was found dead on a country lane are hoping they will attend her funeral....
News In Other Categories
-
Gay marriage: Final reading in Commons
The government's same-sex marriage bill is to receive a third and final Commons reading after surviving resistance from Tory opponents ... -
Too famous to see?
Diego Velazquez's Las Meninas is one of the most famous paintings ever produced. The public admire the grandeur of its size and subject... -
Too famous to see?
Diego Velazquez's Las Meninas is one of the most famous paintings ever produced. The public admire the grandeur of its size and subject... -
Hospital 'superbug' not monitored by government
Hospitals in England are not required to officially report infections of a "superbug" capable of resisting our most powerful antib... -
Ant studies to aid design of search and rescue robots
A study showing how ants tunnel their way through confined spaces could aid the design of search-and-rescue robots, according to US scientis... -
Wayne and Coleen Rooney announce arrival of baby Klay
Manchester United footballer Wayne Rooney and his wife Coleen have had a second son....



