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A casino worker has won over €3,000 after his employer unfairly dismissed him, having decided he aided a gambler who managed to double his winnings because of a slot machine software glitch

Casino worker awarded €3,000 after unfair dismissal

A casino worker has been awarded over €3,000 after his employer unfairly dismissed him, having decided he aided a gambler who managed to double his winnings because of a slot machine software glitch.

Business • 17 Apr

France's Casino had been brought to the verge of default after years of debt-fuelled deals and recent losses in market share to rival supermarket groups

France's Casino seals lock-up on debt rescue deal

Casino said today that it had finalised a binding lock-up agreement to restructure its debt with creditors led by Czech billionaire Daniel Kretinsky, to avert bankruptcy.

Business • 05 Oct 23

Carrefour said it would sell fuel at cost price seven days a week from Friday

France's Carrefour and E-Leclerc to sell fuel at cost

France's two largest food retailers, E-Leclerc and Carrefour, have said they would heed the government's call for petrol and diesel to be sold at cost price at the pump, while rival Casino also made a similar pledge.

Business • 27 Sep 23

France's Casino is saddled with net debt of €6.4 billion and is teetering on the brink of default

Casino's board approves talks with Kretinsky

Casino shares rose slightly in hesitant trade this morning as they resumed trading after the board of the troubled French retailer approved moving forward with talks with Czech billionaire Daniel Kretinsky over a plan to inject new money in the company.

Business • 18 Jul 23

Kretinsky closes in on Casino as rivals drop bid

Czech billionaire Daniel Kretinsky neared victory today in a battle to take over French retailer Casino after rival bidders pulled out of the race.

Business • 17 Jul 23

French supermarket group Casino is saddled with net debt of €6.4 billion and is teetering on the brink of default

Casino shares shine amid hopes of higher rescue offers

Casino shares rose by over 9% today, lifted by the prospect that rival bidders would raise their offers to rescue the cash-strapped French retailer.

Business • 12 Jul 23

The proposed cash injections from the two billionaires are only the first step in Casino's wide-ranging restructuring plan

Rival billionaires to detail rescue plans for Casino

Rival bidders seeking to take over struggling French retailer Casino will today present their respective plans to rescue the group, two sources close to the matter said.

Business • 11 Jul 23

Casino will present two rival bids to representatives of its debt holders today at a meeting hosted by France's finance ministry

Casino shares slump as rescue bid details emerge

Casino shares fell as much as 40% today after the cash-strapped retailer said the injection of new capital that would result from two rival offers to rescue the group meant existing shareholders would be wiped out.

Business • 05 Jul 23

France's Casino is paying the consequences of years of debt-fuelled deals

France's Casino's rescue triggers billionaires contest

The rescue of cash-strapped French supermarket chain Casino is triggering a billionaires contest pitting French telecoms maverick Xavier Niel against Czech energy tycoon Daniel Kretinsky in two rival investment proposals.

Business • 04 Jul 23

Macau rakes in more in a single week than Las Vegas makes in a month

Macau casino stocks sink as city eyes crackdown

Shares in Macau casino operators collapsed today after officials in the world's biggest gambling city unveiled plans for a crackdown that would tighten their grip on the already beleaguered industry.

Business • 15 Sep 21

Macau tycoon Stanley Ho pictured in 2011

Hong Kong-born casino tycoon Stanley Ho dies

Stanley Ho, the Hong Kong-born tycoon who made billions transforming neighbouring Macau from a sleepy Portuguese outpost into the world's biggest gambling hub, died today at the age of 98, his family said.

Business • 26 May 20

888 Holdings said its total group revenue rose 13% $520.8m

888 to pay special dividend for 5th year in a row

British online gaming company 888 Holdings has declared a special dividend for the fifth year in a row as full-year pretax profit surged 82%.

Business • 21 Mar 17

It has been claimed the plan could create up to 200 jobs

Group confirms plan to establish casino in Belfast

Moves to clear the way for the first casino to be built in Northern Ireland are expected to advance next year.

News • 25 Dec 13

Betfair's half yearly results beat expectations

Betfair looks to expand in Italy and the US

Betfair said it was looking to expand in Italy and the US after reporting a 16% rise in underlying profit in the first six months of its financial year.

Business • 03 Dec 13

The bill will limit the number of casinos in the country to a maximum of 40

Shatter rules out Two-Mile Borris casino proposal

Minister for Justice Alan Shatter has said the proposed casino at Two-Mile Borris in Co Tipperary cannot go ahead under the terms of the new gambling control bill.

News • 15 Jul 13

Review may pave the way for a change in legislation

Government to review gaming laws

The Government is to review gaming laws following a Cabinet decision, which may pave the way for a change in legislation governing casinos.

News • 10 Jul 13

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