Casino closing leaves 234 jobs in doubt

Read storyGRAND BAHAMA: The Isle of Capri casino announced Tuesday that it will not renew its lease in May leaving 234 employees jobless if a new operator does not take over.

Casino officials said the company is shutting down operations in the United Kingdom as well and plans to concentrate on its 18 American properties.

Greg Moss, president of the Grand Bahama Chamber of Commerce, said:
"It's a fair comment to make that any termination of employment in Grand Bahama has a like effect as if it was a multiple of five times when compared to Nassau," Moss said. "So if you look at 100 people being terminated in Grand Bahama, it's like 500 people being terminated in New Providence when you look at the respective population sizes. So clearly, it will have a massive impact."

Full Story in The Nassau Guardian here