The Luchon Casino Goes Out Of Business

The Luchon casino closed its doors to the public last week. The decision was finally made after only 11 months of operation. Yes, only 11 months have passed and the great Bagnères de Louchon casino has finally handed over the keys under the landing. Following many financial problems that the establishment was facing. Disagreements with the partners could not result in a positive spirit to go up the slope. Cyril Saragaglia, director of the casino to announce that the gambling establishment was in liquidation and that no situation could turn things back. The past belongs to the past.

These legal actions and this liquidation are ongoing and are linked to the actions of certain shareholders who had shares in the casino. The socialist mayor is firm on this point. All the citizens of the city, the players and the elected officials waited as evidence this decision by the court. A lack of management is mainly at the origin of this current situation.

The mayor, however, wishes to find a buyer as soon as possible, but for the moment, nothing helps. Nobody wants to take over the casino. This time, local elected officials will have to find a serious and trustworthy person. For the Town Hall, it is a significant financial shortfall which will unfortunately have an impact on the City Hall coffers. An important hole for the city.

And yet, the casino had reopened its doors to the public in July 2012. People were starting to come and play. But now, renovations have stopped the increase in player attendance which was already present at the opening. Then the weeks go by. The casino goes into debt and the situation gets more complicated. Events turn out to be the worst for the group and nothing is being handled properly. Disagreements and a cold are created within the establishment.

According to an official, it seems that serious elements have intervened in the management of the casino. A lack of accountability and necessary actions were not taken properly managed. The casino has gone downhill because of this in the meantime.

A real blow for the spa town of Luchon. This casino, built in 1878, is a key element of the city and a driving force behind the tourist city.

“ People meet there. A place of serenity and welcome where everyone does not come just to play. Everyone gets together, shows are organized, we eat like royalty. The restaurants are of quality. ”Declares a regular inhabitant.

For the moment, the hour is serious. The town hall is still looking for a possible buyer. A serious and seasoned delegate this time. The casino will certainly quickly recover from its ashes once a new investor emerges.