Fontainebleau Las Vegas Fires Many Dealers as Industry Slows Down

The Fontainebleau Las Vegas, a new big name on the Las Vegas Strip, has let go of many table game dealers in a recent round of job cuts. The resort has not given an exact number, but people who know what is going on think it might be as many as 60 workers.

Fontainebleau Layoffs Spark Outrage After Abrupt Firings and Escort by Security

People say that dealers who lost their jobs got emails telling them to come to meetings with their bosses on Tuesday. In these meetings, many found out they were fired. Then, security guards walked them out of the building, reported the Las Vegas Review-Journal. This has made people express their anger online. People on social media said the way the firings were done was mean and disrespectful, pointing out that long-time workers were not treated with respect.

The resort, which began operations in December 2023 after delays in development and a $3.7 billion investment, has struggled since its launch. Besides disappointing visitor numbers, the property has experienced changes in high-level staff and is now under investigation by the Nevada Gaming Control Board. Regulators are looking into whether the casino might have broken federal anti-money laundering laws by giving credit to players.

When asked about the staff changes, Fontainebleau’s management said they keep evaluating their operational requirements and tweaking their workforce plan to match. The company pointed out that it still has over 6,000 employees and works with many vendors and partners.

Fontainebleau Layoffs Add to Growing Worries as Las Vegas Strip Faces Revenue Slump

These new layoffs happen as the Las Vegas Strip faces a wider slump. For three months in a row, casinos have watched their year-over-year gambling profits drop. From July to April, the first ten months of the state’s current fiscal year, gambling winnings on the Las Vegas Strip have shrunk by over 3%. In order to deal with this big players such as MGM Resorts, Caesars Entertainment, and The Venetian have tweaked their staff numbers to keep up with changing tourist spending habits.

The Fontainebleau’s recent problems have made people more worried about how it will do in the future. At a recent hearing to license the property’s president, Maurice Wooden, state officials confirmed they were looking into whether the casino follows financial rules.

If they find the casino broke the rules, it might have to pay big fines, like other big casinos have had to pay millions of dollars before.As the Fontainebleau tries to get through this tough time, how they treated workers they let go and questions about whether they follow financial laws are making people look even closer at one of the Las Vegas Strip’s biggest new projects.