EMCC European Monitoring Centre on Change

Genting Casinos UK

Company/Organisation:
Genting Casinos UK

Geographic Location

Country: United Kingdom

Company

Sector: Arts / entertainment
Arts, entertainment and recreation
92.00 - Gambling and betting activities
Number Employed: 3561
Group: Genting Group

Employment Effects

Announcement Date: 16-07-2020
Planned Job Reductions min: 1642
Planned Job Reductions max: 1642
Type of Restructuring: Internal restructuring

Additional Information

Genting Casinos UK, the UK subsidiary of Genting Malaysia, the global leisure and entertainment business, has announced plans to cut 1,642 jobs at hotels and clubs across the UK. According to the GMB trade union, Genting is also planning to close three clubs in Bristol, Margate and Torquay.

A spokesperson for the company said Genting had faced 'unprecedented challenges and heavy losses' caused by the Covid-19 pandemic. The spokesperson added that the company hoped to rehire employees at a later date.

A representative of the GMB trade union said the job cuts were 'outrageous', considering that Genting had benefitted from the UK government’s Coronavirus Job Retention Scheme, which covers 80 per cent of the wages of employees placed on temporary leave.

Genting Casinos is one of the largest casino operators in the UK, with 42 clubs and two online casino games websites.

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