Oct 16, 2009
Supreme Ventures Closes Villagio Gaming Lounge
Effective yesterday, October 15, Supreme Ventures Ltd has closed the Villagio Gaming Lounge (located at the Hilton Hotel in New Kingston), citing that the decision is part of a restructuring exercise that’s aimed at “improving efficiency in (its) operations”.
In the process, twenty workers were laid off, and the company has now reportedly rid itself of what is said to be an expensive lease at the Hilton Hotel.
In a statement released yesterday, Supreme Ventures said “SVL has announced the restructuring of its Gaming Lounge business operations, with its decision not to renew a lease agreement with the Hilton Kingston Hotel, for the space occupied by the Villagio Gaming Lounge on that property. The restructuring exercise is aimed at improving efficiency in operations, thereby contributing more to the Group’s profitability.”
They have not disclosed whether all three remaining gaming lounge operations – Coral Cliff in Montego Bay, Acropolis in May Pen and Acropolis in Barbican – would suffer the same fate.