Casino Cosmopol In Sweden Closes Following Financial Woes

Casino Cosmopol in Sweden closes following financial woes. Sweden’s first international casino, Sundsvall ‘s Casino Cosmopol, was shut down after ten years of struggle to even open. The number of tourists has been gradually declining over the last decade, or so.

Apparently, there are not enough customers to support the company and Svenska Spel ‘s board has approved the casino’s closure. Around the time of closing the facility has 68 staff.

“It is a sad message to have to give to our talented employees, but we must adapt to prevailing market conditions. With a constantly declining customer base, the casino in Sundsvall is no longer profitable and then it is unfortunately not commercially defensible to continue to run the business,” said Patrik Hofbauer, president and CEO of Svenska Spel.

[image: Casino Cosmopol]

bitcoin
Bitcoin (BTC) $ 54,867.00 3.98%
ethereum
Ethereum (ETH) $ 2,114.09 5.92%
binance-coin
Binance Coin (BNB) $ 497.80 4.19%
xrp
XRP (XRP) $ 1.25 10.27%
dogecoin
Dogecoin (DOGE) $ 0.388274 21.94%
tether
Tether (USDT) $ 0.996109 0.63%
cardano
Cardano (ADA) $ 1.16 9.61%
polkadot
Polkadot (DOT) $ 33.30 10.72%
litecoin
Litecoin (LTC) $ 251.17 7.72%
bitcoin-cash
Bitcoin Cash (BCH) $ 858.29 10.80%
S&P 500  ^GSPC 
$4,163.26  $22.21  (-0.53%)
Dow Jones Industrial Average  ^DJI 
$34,077.63  $123.04  (-0.36%)
NASDAQ Composite  ^IXIC 
$13,914.77  $137.58  (-0.98%)
Russell 2000  ^RUT 
$2,232.00  $30.67  (-1.36%)
Crude Oil May 21  F*CL.NYM 
$63.56  $0.1300  (0.20%)
   
$0.0000  $0.0000  (0.00%)