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“To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential,” recently appointed CEO Philippe Palazzi said in a statement. Ben Stevens, who is known for photographing eerie abandoned areas around the world, recently witnessed the rows of slot machines and chip-filled roulette table on the now-defunct boat docked in Florida.
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A week on from the release of a scathing report that declared it was unsuitable to take back control of its lucrative Sydney casino licence, the company’s board confirmed it was in talks over its short-term financial position “in light of adverse trading and other conditions”. The arrest order, signed by the Senate president on Friday and to be carried out by the Senate’s sergeant-at-arms, came after the mayor, Alice Guo, failed to appear for a second consecutive hearing on Wednesday, citing stress.
Should he be chosen, casino executives said they will be watching to see who Sam appoints to his government, and particularly who will take over as the finance secretary who oversees the casino industry. (Reporting by Farah Master; editing by Miral Fahmy) The probe was launched after the prosecutor’s office was alerted by France’s AMF market watchdog, a source had told Reuters. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020.
The Senate investigation began in May after authorities raided a casino in Guo’s sleepy farming town of Bamban in March, uncovering what the authorities said were scams being perpetrated from a facility built on land partially owned by the mayor. BY THE NUMBERS (Key data points) In late March, Casino completed its financial restructuring and a new leadership team was appointed by a consortium led by Czech billionaire Daniel Kretinsky, ending the 30-year reign of the company’s owner, Jean-Charles Naouri.
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