Vol. 7 No. 10, October 2008, Dateline
Labor Strife in U.K.
The multiple factors that have contributed to lower gaming revenue in the U.K. are now putting pressure on relations between management and labor.
Casino operator Genting Stanley is asking employees to take a “pay deferral” that would see their usual pay increase, which should have been paid in May, postponed until at least the start of 2009.
Affected workers are those at the company’s Stanley, Circus, Maxims and Mint casinos.
According to the Daily Echo, Genting Stanley COO Bobby McGhee said, “We’ve already made a number of difficult operating decisions in the interest of the long-term health of the business, and as part of our review of operating costs we have reluctantly concluded that we must defer our annual pay review to January 2009. We would like to thank all our staff for their support and contribution during these challenging times.”
Blamed for the difficult times are an increased gaming tax, the smoking ban, the change in slot machine regulations that removed certain machines from casinos, and the credit crunch.
Casino operator Genting Stanley is asking employees to take a “pay deferral” that would see their usual pay increase, which should have been paid in May, postponed until at least the start of 2009.
Affected workers are those at the company’s Stanley, Circus, Maxims and Mint casinos.
According to the Daily Echo, Genting Stanley COO Bobby McGhee said, “We’ve already made a number of difficult operating decisions in the interest of the long-term health of the business, and as part of our review of operating costs we have reluctantly concluded that we must defer our annual pay review to January 2009. We would like to thank all our staff for their support and contribution during these challenging times.”
Blamed for the difficult times are an increased gaming tax, the smoking ban, the change in slot machine regulations that removed certain machines from casinos, and the credit crunch.
Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.
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