CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Casinos reportedly lost revenue due to cost-savings plan

4 February 2015

BRITISH COLUMBIA -- B.C casinos allegedly suffered lost revenue from a botched cost-savings program, The Province reported.

The financial botch up is believed to have occurred because of voluntary staff reductions which did not produce savings, the report said.

It's estimated to have cost $25 million with local governments who receive 10 percent of gaming revenue missing out because of "extraordinary expenses" that the misguided program caused, according to The Province report.

< Gaming News

Casinos reportedly lost revenue due to cost-savings plan is republished from Online.CasinoCity.com.