Craig's Casino Blog - Online Casino News
Both Sports and Betting are being effected during these recent economic times. Reductions in headcount throughout the industry plague the headlines.
The NFL said Tuesday they would be making over a hundred layoffs, almost ten % of its HQ staff. That came after approximately a thousand assorted NASCAR-related employees being added to the already growing unemployment lines in November, and a 9% staff decrease in the NBA headquarters during October.
In Atlantic City, the Borgota Hotel Casino and Spa laid off four hundred workers last month, approximately 5% of its headcount in one shot. Reports show that almost one thousand casino-attached employees in Atlantic City were laid off in October alone, reaching all the way up to the largest entities such as Caesars and Bally's. All across the casinos in Atlantic City, revenues dropped fifteen% in September, which was the worst single months downturn on record.
Read up on betting and casino news here on Craig's Casino Blog Network, and stay in touch with the industry trends.
posted by Craigs Casino Blog Network at
8:12 AM
1 Comments:
Yeah, that's one of the things that's been bugging me about the auto bailout. If we didn't do it, where would that leave NASCAR? No Detroit, no NASCAR.
Nice-looking blog. In the economy we're in now, everyone needs to used whatever's available to promote themselves.
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