Casino Club, one of the major casino operators in Argentina, has denied that a request to close its gaming venue in Pico Truncado has been submitted.
Santa Cruz's Loterías para Obras de Acción Social (LOAS) President, Claudio Seguel, clarified that no layoffs are planned for the roughly 25 workers directly employed at the site.
Seguel said the operator has never formally raised the possibility of shutting the venue with the provincial regulator. He added: "There is no closure of any kind nor any layoffs."
According to Seguel, Casino Club maintains constant contact with LOAS and must disclose even minor changes to its gaming floor. He stated: "They notify us even when they move a slot machine half a meter; they inform us of that movement in writing. So imagine if there was an option to close, no way."
The rumors had generated concern among workers and residents in Pico Truncado, a city in Santa Cruz province. Seguel said he later spoke directly with Casino Club's owner, who also denied any intention to close the venue, and that he decided to respond publicly to ease uncertainty in the community.
According to the regulator, the Government's main concern was preserving employment rather than the tax revenue the province collects from the operation. "This is not about the loss of canon revenue for the Lotería de Santa Cruz, but about defending those 25 and many more jobs generated in the town,” he added.
Beyond the 25 direct positions, Seguel said the casino's economic activity extends to suppliers, gastronomy, entertainment and other indirect services in the area. He linked the case to a broader provincial effort to sustain the "90/10" scheme, which prioritizes hiring workers from Santa Cruz across local industries.
Casino Club operates the Pico Truncado venue under a 20-year concession granted by the province.
Casino Club is controlled by Ricardo Benedicto, who holds a controlling stake in the operator
