In six years, the attendance of Dutch casinos has dropped by almost 20 % in the 14 casinos in the kingdom operated by a national company that holds the monopoly. The sentence did not fail to fall, the Dutch casino public group recently passed under banking supervision. 12 20 posts have been announced. The company held by the State for 100% of its capital is faced with a serious situation.
A more than bad conjecture
So who is to blame? Economic crisis, prohibition of smoking, competition of Online casinos On the internet, whatever. What counts in the end is that the company Holland Casino has just announced a net loss of $ 650,000 for 2012. That same year when on a workforce of 3,000 employees it announced 400 layoffs. The 150 million euros in credits loaned by three banks (ABN Amro, Deutsch Bank and ING) will have done nothing. The Dutch state speaks today of yielding the group to investors and refuses to put it will not be-
What a penny.
Catastrophic management
According to the Dutch press, the public company is today in deficit of more than 60 million euros. Amazing that a company supposed to play with money so badly masters its finances. At first glance, however, the whole sector seems to be today in crisis mainly due to the economic crisis which affects its customers and the strong competition made by online casinos. It is true that Online gambling Competition to the hard casino in the same way as online trade attacked the classic trade.
This is reminiscent of the turmoil in which the group is located in USA in USA which is under a safeguard procedure with the Commercial Court of Paris. Online casinos and the crisis will have finished undermining this industry which was however flourishing a few years ago.
