Sweden will soon have one less casino as state-owned gambling operator Svenska Spel AB has reportedly decided to pull the plug on the Casino Cosmopol-branded venue it runs in the northern city of Sundsvall.
According to a Friday report from Intergame, the facility opened as the Scandinavian nation’s first international casino in 2001 and was subsequently followed by similarly-branded properties for the larger cities of Gothenburg, Stockholm and Malmo. However, the source explained that the enterprise has purportedly been struggling for many years to be profitable due to a steadily declining player base.
Futile fight:
Intergame reported that the Sundsvall branch of Casino Cosmopol has additionally been hurt by strict rules that govern how local land-based venues are marketed as the increased availability of online casino entertainment further ate into its pool of punters. Its closure purportedly moreover comes following a sustained period in which Svenska Spel AB and the venue’s workers made a concerted effort to reverse this waning trend.
Employee anguish:
Although all of Sweden’s casinos are currently temporarily shuttered due to the ongoing coronavirus pandemic, Patrik Hofbauer, President and Chief Executive Officer for Svenska Spel AB, reportedly detailed that the Casino Cosmopol property in Sundsvall is to be permanently closed as soon as possible for 68 redundancies.
Reportedly read a statement from Hofbauer…
“It is a sad message to have to give to our talented employees but we must adapt to prevailing market conditions. With a constantly declining customer base, the casino in Sundsvall is no longer profitable and then it is unfortunately not commercially defensible to continue to run the business.”
Play games casino online games refers to participating in casino-style games through an online platform. In essence, it combines the excitement of traditional casino games, like slots, blackjack, poker, and roulette, with the convenience of playing them online.
When you play games casino online, you can enjoy:
-
Variety of Games: Many online casinos offer a huge range of games, from popular slots to live dealer games, replicating the casino experience at home or on mobile.
-
Accessibility: Online casinos allow you to play anytime and anywhere, making it easy to enjoy your favorite games without traveling to a physical location.
-
Bonuses and Promotions: Online casinos often offer promotions, welcome bonuses, and rewards, enhancing your experience and providing extra funds to play with.
-
Real Money or Free Play: Most platforms offer options to play for real money or for fun, giving players the flexibility to test games before committing financially.
Online casino games bring the thrills and potential rewards of a real casino experience to your screen, with the added security, convenience, and bonuses that online platforms provide.
