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Genting Casino Margate: An In-Depth Look into Its History, Closure, and Impact on the Local Community

Genting Casino Margate: An In-Depth Look into Its History, Closure, and Impact on the Local Community

Genting Casino Margate, once a popular entertainment destination in the coastal town of Margate, has now permanently closed its doors. This article will explore the history of the casino, the reasons for its closure, and the impact of this decision on the local community.

A Brief History of Genting Casino Margate

Genting Casino Margate was a mid-sized casino located in the heart of the seaside town of Margate, in the Thanet district of Kent. The casino was part of the Genting Group, a multinational conglomerate that operates casinos, resorts, and other entertainment venues around the world.

The Casino's Offerings

Genting Casino Margate offered a variety of gaming options for its patrons. The casino featured 20 slot machines, as well as a small number of live game tables. Table games available at the casino included classic favorites such as Blackjack and Roulette, as well as Poker Table Games, Kalooki, and Mahjong. For poker enthusiasts, the casino also hosted Texas Hold'em cash games and tournaments.

The casino was open daily, with the slot machines operating from 12:00 PM until 6:00 AM, and the live table games available from 12:00 PM until 6:00 AM as well. The dress code for the casino was smart casual, and patrons were required to be at least 18 years old to enter.

The Closure of Genting Casino Margate

In an unfortunate turn of events, Genting Casino Margate was forced to close its doors permanently due to financial difficulties faced by the Genting Group during the COVID-19 pandemic.

The Impact of the Pandemic on Genting Group

The global pandemic has had a significant impact on the entertainment and hospitality industry, with many businesses facing financial hardship and closures. The Genting Group was no exception, with the company experiencing heavy losses during the lockdown period. As a result, the company was forced to restructure its business and make some difficult decisions, including the closure of three of its clubs – one of which was the Margate location.

The Closure Process and Redundancies

The staff at Genting Casino Margate were informed of the impending closure and the resulting redundancies in a consultation that began last month. A spokesperson for the company expressed regret at the unavoidable job losses, describing the decisions made as "heartbreaking."

The closure of Genting Casino Margate was not an isolated incident, as the company also shut down its gambling houses in Bristol and Torquay as part of its restructuring efforts.

The Impact on the Local Community

The closure of Genting Casino Margate has undoubtedly had a significant impact on the local community, with job losses affecting not only the casino's employees but also those working in associated industries, such as hospitality and tourism.

The Loss of a Local Entertainment Venue

Genting Casino Margate was a popular destination for both local residents and tourists visiting the area. Its closure has left a void in the local entertainment scene, with fewer options available for those looking to enjoy a night out at the casino.

The Impact on Local Businesses

The closure of the casino has also impacted local businesses in the surrounding area, as many relied on the foot traffic generated by the casino's patrons. With fewer visitors to the area, businesses such as restaurants, bars, and hotels may experience a decline in customers and revenue.

The Future of the Casino Industry in Margate

While the closure of Genting Casino Margate is undoubtedly a significant loss for the local community, there is still hope for the future of the casino industry in the area.

The Reopening of Grosvenor Casino

Grosvenor Casino, another popular casino located in Westwood Cross, Broadstairs, has announced its reopening following the easing of lockdown restrictions. The casino's management has expressed confidence in their ability to adhere to, and even exceed, the hygiene and safety standards set by Public Health England.

With the reopening of Grosvenor Casino, residents and tourists in the area will once again have access to a local casino, albeit one that may have to operate under stricter health and safety guidelines.

The Potential for New Casino Developments

While it is uncertain whether the Genting Group will consider reopening or replacing its Margate casino in the future, the closure of the venue may create opportunities for other casino operators to enter the market. This could lead to new casino developments in the area, providing fresh entertainment options for the local community and helping to boost the local economy.

Conclusion

The closure of Genting Casino Margate is a sad and unfortunate event, with the local community losing a popular entertainment venue and numerous jobs. However, with the reopening of Grosvenor Casino and the potential for new casino developments in the future, there is still hope for the casino industry in Margate. In the meantime, the local community will need to adapt and find new ways to support local businesses and the entertainment sector during these challenging times.

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