The company that runs Boomtown Casino in Harvey warns of 197 impending job cuts scheduled for August 15, according to a presentation to the Louisiana Workforce Commission, the latest in a series of mass layoffs at casinos across the globe. been as the gaming industry struggles to cope with the coronavirus pandemic.
Casinos in Louisiana were closed for nearly two months on emergency orders aimed at stopping the spread of the coronavirus, but were allowed to reopen at limited capacity in mid-May.
Job cuts in Boomtown were announced in a legally required WARNING notice filed with the state. The Federal Worker Adjustment and Recycling Act requires all companies, except the smallest, to notify state officials and workers 60 days in advance of plant closings or mass layoffs.
WARN’s notices indicate that the company does not believe employees will be rehired at any time in the next six months.
He pays his money and risks once again for New Orleans area gamblers as casinos outside Orleans Parish returned to their business …
Boomtown was one of four Louisiana casinos managed by Penn National Gaming that the Pennsylvania-based company said will have layoffs in August. The L’Auberge Casino plans to cut 602 jobs between its Baton Rouge and Lake Charles facilities, while the Margaritaville Resort Casino in Bossier City plans to cut 347 jobs.
A company representative did not immediately respond to a request for comment on the layoff notices Sunday.
Sunday’s news follows an announcement last month that Treasure Chest Casino at Kenner would fire 340 people, cuts that took effect on Wednesday.
In mid-August, a total of nearly 4,000 Louisiana casino workers will have lost their jobs since the coronavirus pandemic occurred in March, according to public documents with the Louisiana Workforce Commission. At least one Louisiana casino, the Diamond Jacks riverboat in Bossier City, has announced plans to permanently close during the pandemic.
Casino profits in the New Orleans gambling market fell 60.8% in March from a year earlier, as state gambling closed in the middle of the month …
The closure and limited reopens affected gaming revenues in Louisiana. According to the Louisiana Gaming Control Board, which oversees the industry, the state’s remaining 14 riverboat casinos generated just $ 60 million in revenue during the month of May, compared to $ 157 million in May 2019.
In Boomtown, May revenue fell more than 60% compared to the previous year. June revenue figures have yet to be released.
Revenue from video poker machines, meanwhile, suffered a similar collapse, according to figures from the Louisiana Gaming Control Board, falling 56% in May compared to the same month in 2019.
A series of large luxury chain hotels in New Orleans, where the city’s large tourism industry has been decimated by the sudden interruption of travel beginning in March, previously announced massive layoffs there.
The Louisiana Workforce Commission released more than a dozen New Orleans-area hotel notices Wednesday that thousands of fur …
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