Holland Casino reports losses

The Dutch casino, owned and operated by the state, is going thorugh troubling financial times. The company reported losses of €652K for 2012 and has been “in the red” for this first yearly quarter. The company which might be facing privatization (according to government statements) has suffered from swindling visitor numbers and could fail to meet its financial obligations. The number of visitors has fallen to 5.6 million in 2012, a 2% drop from previous year and the average spending per player has fallen by €2 to €96 total. The company will let go of 400 employees and says it will have to adopt additional measures to cut on spending.

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