The Treasure Bay Casino at the Baywalk Mall in Rodney Bay has made a number of employees redundant, Human Resources Manager Len E. Diptee has confirmed with St. Lucia News Online (SNO).
Diptee said the company opened in 2010 with an investment of over EC$30 million, but returns have not been forthcoming.
“We were excited to bring world class gaming to the island of St. Lucia,” she added.
However, according to her, the casino has never been profitable and decisions to cut expenses were delayed until now.
“Regrettably, cutting our expenses has included reducing the number of crew members employed,” she added.
Diptee explained that these redundancies were coordinated with the Department of Labour, in accordance with the St. Lucia Labour Code.
“We have paid everyone affected by the reduction with redundancy and in lieu of notice pay,” she explained.
Despite the current situation, the casino official told SNO that there is hope that in the future “we might have the ability to rehire as many former crew members as possible”.
Diptee did not disclose the number of workers made redundant but sources say as much as 20 employees were affected.
Treasure Bay Casino joined a growing number of local businesses that have cut staff due to the slowdown in economic activity.