Released on October 16, 2013
SaskGaming today announced an organizational restructuring resulting in job loss for 55 out-of-scope employees in management and administration. In-scope position numbers are not affected.
“The new corporate structure aligns to industry standards and positions the organization for continued success in a mature market,” SaskGaming President and CEO Twyla Meredith said. “Overall, SaskGaming is centralizing management of the two casinos and becoming more efficient in corporate administration, so the majority of the organization is focused on the business and serving the guest on the gaming floor. It’s about getting back to basics and providing excellent guest service at Casinos Regina and Moose Jaw.”
Casino Regina was the first full-service gaming facility in Saskatchewan when it opened its doors in 1996, followed by the opening of Casino Moose Jaw in 2002. As the first of their kind in the market, the casinos regularly experienced double digit growth in their early years. Since then, the market has matured and both casinos have experienced flattening revenue over the past few years, and declining revenue in 2013, requiring aggressive expense management.
“This situation is not unique to SaskGaming,” Meredith said. “The entire gaming industry in Canada has reached a mature stage in the market cycle, experiencing flattening or declining revenues. It was time to take a close look at our organization, how we do things and how we are structured. Job loss is a sad reality that occurs as organizations evolve in order to remain successful in the long term.”
People who experience a job loss will receive fair treatment in accordance with corporate policies, including fair compensation packages for their years of service as well as career counseling going forward.
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For more information, contact:
Julianne Jack
SaskGaming
Regina
Phone: 306-787-8515
Email: julianne.jack@saskgaming.com