Grosvenor Casino closed its doors on Sunday, August 30, leaving its staff looking for new jobs
Grosvenor Casino in Swansea has closed its doors for good, with employees claiming terms have been changed in their redundancy agreement.
The venue stopped trading on Sunday, August 30. WalesOnline previously reported that the firm blamed “significant and sustained financial challenges” at its High Street casino, with an operating loss of £73,000 during the financial year ending June 28 and a revenue performance £635,000 below budget.
The casino also explained how operating costs had increased by 11% in the last three years, and that profitability had declined by 107% in the last ten years. Never miss a Swansea story by signing up to our newsletter here.
A letter, seen by WalesOnline, updating employees on the results of the consultation process, reads as follows: “The consultation process has now formally concluded and Grosvenor Casino will close at the close of business on Sunday, August 30.
“A redundancy payment will be made on termination of employment and should be free of tax and national insurance deductions.
“This will be paid by BACS transfer in the October payroll.”
However, an employee has claimed that it was agreed in employees’ collective constitution process that their redundancy pay, and any further amounts the company still owed employees, would get paid on their last payday, September 8.
He described news that they would not be paid until October as “really unfair”, and claimed the date of payment had been changed “without their knowledge and after consultation meetings.”
WalesOnline put the claims to Grosvenor Casino. A spokesman said: “After a thorough consultation process we have made the difficult decision to close Grosvenor Casino Swansea.
“This is not a decision that we have taken lightly but we need to remain focused on the longer-term health of the business.
“We sincerely thank our colleagues for their professionalism, dedication and contribution to Grosvenor Casinos over the years especially during this difficult period.”
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