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Bombay Group slashes over 80 jobs amid gambling industry downturn

A luxury casino's bold bet backfires. After a €100M investment, Bombay Group now faces painful cuts—leaving staff and Estonia's gambling scene reeling.

The image shows St. John's Casino in Miami Beach, Florida, with a building on the right side, a...
The image shows St. John's Casino in Miami Beach, Florida, with a building on the right side, a windmill in the middle, and palm trees in the foreground. The sky is visible at the top of the image, and there is some text at the bottom.

Bombay Group slashes over 80 jobs amid gambling industry downturn

Bombay Group has announced plans to cut more than half of its workforce. The move comes after financial struggles linked to changes in gambling operations. Over 80 employees will lose their jobs at the Tallinn-based casino and resort complex.

The company runs a high-end casino hotel in Tallinn Old Town, originally designed for high rollers. It also operates The Burman Hotel, Shang Shi restaurant, Koyo Japanese restaurant, and The Fox Den poker school—all of which will stay open despite the cuts.

Last year, the group paid around €10 million in taxes, including nearly €1.5 million in gambling tax. However, recent shifts in daily table games and other gambling services have hurt profitability. As a result, the business will now return to its original model, offering gaming floors only by prior booking. The layoffs follow a similar trend in Estonia’s gambling sector. In late September last year, Yolo Group—owned by Tim Heath (70.5%) and Reio Piller (18%)—let go of 280 employees. Bombay Group’s own €100 million investment in The Bombay Club & Resort has not shielded it from financial pressures.

With more than 80 staff members facing dismissal, the company is scaling back operations. The remaining services, including restaurants and the poker school, will continue running. The changes reflect broader challenges in Estonia’s gambling industry.

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