Holland Casino the State owned gambling group announced a loss of €652,000 for 2012 and seems to be under more pressure with results looking worse for the first three months of 2013.
It is reported that the state run company is seeing lower visitor figures than ever before and is also unable to meet agreed payments on loans to supporting banks
Visitor numbers fell 2% to 5.6 million last year while average spending per client fell by €2 to €96. The company said in November it would make redundancies of 400 of some 3,000 jobs but now that figure is believed to be increasing to be able to sustain their falling revenues.
‘Our focus is on further reducing costs and making the organisation more efficient and effective,’ chairman Dick Flink is quoted as saying.