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Gambling : Finland : Slot Machine Association starts job cut talks
Changes to Finnish gambling laws due for implementation in August 2010 will have a sad impact for some employees in the state-owned online and land gambling operations of the Finnish Slot Machine Association (RAY).
Finnish media reports early this week reveal that RAY has warned in a statement that it intends to cut around 80 jobs from its 1 700 labour force, adding that statutory cooperation procedure talks would start in early August.
"The growth in slot machines is mainly achieved through developing new technologies, such as internet distribution," the state gaming monopoly said. "In addition to the RAY strategy, the need for change is based on the measures taken by the Finnish government and changes in consumer behaviour.
"According to the revised Lottery Act, the marketing of gaming is limited from autumn 2010, and the general age limit for gaming will be increased to 18 years in 2011. In addition, the lottery tax for slot machine and casino gaming operations will be increased from 8.2 percent to 10 per cent in the beginning of 2011."
Ray added that 345 workers could be affected by the job cut talks, although it is not anticipated that more than 80 positions will actually be lost.
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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