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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.
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 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.
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