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.
