Internal restructuring
Nord Ovest; Valle d\'Aosta/Vallée d\'Aoste; Valle d\'Aosta/Vallée d\'Aoste
Location of affected unit(s)
Saint Vincent
Arts / Entertainment
Arts, Entertainment And Culture
Gambling And Betting Activities
92 - Gambling and betting activities

275 jobs
Number of planned job losses
Job loss
Announcement Date
4 December 2018
Employment effect (start)
Foreseen end date
5 December 2018


Casinò de la Vallée, the company which manages Saint-Vincent's Casinò, sent 168 dismissal letters to start the procedure for the collective dismissal of 168 employees. The company's CEO also announced that 107 fixed term contracts will not be renewed.

Casinò de la Vallée has been in a crisis situation for several years and the restructuring plan aims at improving its economic stance and avoid bankruptcy.

Workers and their trade unions decided not to go on strike in order not to impair the company's revenues, but to organise a sit-in in front of the building of the regional administration. 



Eurofound (2018), Casinò de la Vallée, Internal restructuring in Italy, factsheet number 96002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96002.