Canberra Casino Bounces Back from COVID-19 No Longer Requires JobKeeper

Written by By Aria "Athena" Hale Jun16,2024

The Canberra Gaming Establishment has rebounded significantly from the COVID-19 outbreak and will no longer need financial aid from the government.

Aquis Entertainment, the proprietor and manager, declared that the casino’s robust results in the last quarter of 2020 indicated it no longer satisfied the prerequisites for the Australian Capital Territory (ACT) administration’s JobKeeper initiative. Previously, the casino had utilized the second stage of the federal government’s JobKeeper plan, which spanned from September 28, 2020, to January 3, 2021.

The firm indicated that its business operations have returned to pre-pandemic levels due to positive trading outcomes. In an announcement, the company stated, “After an evaluation of operational circumstances and employer eligibility stipulations, Canberra Casino does not meet the requirements for JobKeeper 3.0 and will discontinue claiming JobKeeper as of January 4, 2021.”

By December 2020, the entire workforce had resumed full-time employment.

Aquis also communicated that the casino will maintain operations under its COVID-19 Safety Plan, which undergoes daily revisions, adhering to ACT government mandates.

Presently, the Canberra Casino is functioning with a one individual per four square meter regulation, permitting a maximum occupancy of 505 customers.

Written by

By Aria "Athena" Hale

Holding a Master's degree in Mathematical Game Theory and a Bachelor's in Economics, this versatile author has a deep appreciation for the strategic and economic dimensions of gambling and their role in shaping the behavior and outcomes of players and markets. They have expertise in auction theory, mechanism design, and behavioral economics, which they apply to the study of the strategic and economic aspects of gambling markets and the development of strategies to promote efficient and equitable gambling outcomes. Their articles and reviews provide readers with a game-theoretic and economic perspective on the casino industry and the strategies used to optimize the strategic and financial performance of gambling operations.

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