Aruze Gaming to Shutter Las Vegas Office, Cut 100 Jobs
· 2023-07-17

Aruze Gaming, a manufacturer of electronic gaming devices for casinos, will shutter its Las Vegas headquarters in August, eliminating 100 jobs in the process.

f56981ff201c65d029e8aa46ec124614.png


Aruze Gaming, a manufacturer of electronic gaming devices for casinos, will shutter its Las Vegas headquarters in August, eliminating 100 jobs in the process.


The company filed a notice with the Nevada Department of Employment, Training and Rehabilitation, noting those changes will take effect on Aug. 18. Beyond that, details are scant. News of Aruze’s office closing and layoffs comes about six months after the company filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the State of Nevada.


The bankruptcy filing indicated Aruze owed over $20 million to secured creditors.


Tumultuous Times for Aruze

Kazuo Okada is Aruze’s lone shareholder. The Japanese businessman is a former investor in Wynn Resorts (NASDAQ: WYNN).


In 2018, Aruze was slapped with a patent infringement suit. That same year, the gaming device manufacturer was engaged in a legal skirmish with Wynn Resorts. It was a dispute in which the casino operator paid the Japanese firm $2.4 billion stemming from the forced liquidation of Wynn’s Aruze stake.


Earlier this week, a court in the Philippines issued an arrest warrant for Okada relating to his physical takeover of the Okada Manila integrated resort last year.


Japan-based Universal Entertainment — the parent company of Okada Manila — and its affiliates are currently mired in a testy legal rift with a US-based special purpose acquisition company (SPAC) that is attempting to take Okada Manila public.


Those scenarios aren’t directly related to Aruze’s struggles, but they paint a picture of volatility within Okada’s business portfolio.


Small Dose of Bad News for Nevada Employment Picture


One hundred lost jobs isn’t a massive number, but news of the elimination of positions at Aruze comes as Nevada’s broader employment picture struggles to regain pre-coronavirus pandemic levels.


At the end of the May, the state’s unemployment rate was 5.4%, according to the Nevada Department of Employment, Training and Rehabilitation. That’s not only well above the national average, but also the worst percentage among all states and Washington, DC.


The loss of jobs in Clark County isn’t helpful. That county’s unemployment rate was 5.6% at the end of May, noted the Nevada Department of Employment, Training and Rehabilitation. Just two Nevada counties — Lyon and Nye — had higher jobless rates as of May 31.











热门文章
JILI 宣布与全球板球传奇 AB de Villiers(ABD)达成重磅战略合作
体育游戏
斯里兰卡博弈产业大转型,官方:剑指南亚拉斯维加斯
游戏风向
BETFAIR 网络攻击80万用户资料泄露
游戏风向
张侨伟参议员排除全面禁止,敦促菲律宾规范网络赌博
东南亚资讯
印度最高法院受理公益诉讼,要求全国禁封“伪装”成社交游戏的赌博平台
游戏风向
准备好了将你的收益最大化吗?尝试ProPush.me Constructor!
广告营销
菲律宾博彩技术赛道迎来新变局,B2B 供应模式加速渗透
东南亚资讯
2027 Global Game Connect(GGC)斯里兰卡招商全面开启!业务人脉尽在掌握!
灰度头条
亚洲游戏市场观察:15大市场热门游戏与用户趋势
线上游戏
超级PAC筹资4800万美元:体育博彩势力加码
游戏风向
新泽西州7月博彩收入创6.06亿美元新高,颁布禁令
游戏风向
亚洲顶尖游戏供应商多寶游戏 DB GAMING,开创亚洲市场的唯一首选
广告营销
Zenith携手HUIDU,冠名赞助2026年世界杯嘉年华官方巡回活动
线上游戏
巴西颁布新法赋权央行封锁非法博彩账户及 Pix 交易
支付动态
英国确认各垂直行业的赌博税税率
游戏风向
首页
游戏
合作
发现
我的