Land Version of Casino Red in Trouble

Land Version of Casino Red in Trouble

July 26, 2009.

The GBP 5 million land version of Online Casino, poker, sportsbetting and mobile operation appears to be in dire financial straits only eight months after it opened its doors in Huddersfield, UK (see previous reports).

The Huddersfield Daily Examiner reports this weekend that the premises remains deserted with no sign of relief for the 100 employees who were laid off after the first two months of operations following a plush opening in September 2008. Adding to the gloom, the window displays have apparently been remoived in the last few days.

The newspaper reports that the owners have remained silent, although the Gibraltar-licensed and Wagerworks-powered online property is still operating.

The land version was located in the extensively refurbished former Princess Cinema at Northumberland Street. Only eight weeks after opening its doors the venue - which also boasted a restaurant and three bars - was closed and croupiers, bar and restaurant staff were told to go home. Management explained that the company had had to suspend trading for 30 days in order to secure additional investment due to the withdrawal of some bank facilities.

The newspaper was unable to elicit a comment from the company offices in Macclesfield, Cheshire this week as messages left on voice mail and mobile phone numbers went unanswered.

When the casino closed, a notice on the door said: "Due to unforeseen circumstances Casino Red is temporarily closed for business."

Customers were told of the closure via a single text message, which read: "Casino Red directors have unfortunately had to temporarily suspend trading at the venue in Huddersfield. We will inform of a re-opening ASAP. Apologies."

Those remain the last words from management on the matter.

According to its online website, the CasinoRed company was formed in 2006.

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