They say that the bank always wins.
So how can a casino be in the red ?
There are two possibilities: either you are the Las Vegas casino featured in ‘Ocean’s Eleven’ or you are a casino managed by the Italian State.
In Italy there are only four casinos: Campione d’Italia (an Italian exclave in Switzerland), Saint-Vincent, Sanremo and Venice. They are all managed by the local Municipalities.
The Board of the Sanremo Casino has just ruled that a state of crisis exists and approved an emergency plan including the firing of dozens of employees.
It remains to be seen whether the plan can be actually implemented. The firing of public employees is notoriously difficult in Italy. The ongoing crisis has somehow changed the situation, however.