After nearly two decades of operation, Sweden’s last remaining Casino Cosmopol is set to close its doors for good. The decision comes as a surprise to many in the gambling industry, as the casino was once a popular destination for both locals and tourists alike.
The closure of Casino Cosmopol is a result of the government’s decision to no longer renew the casino’s operating license. The move is part of a larger crackdown on the gambling industry in Sweden, as the government aims to curb problem gambling and reduce the social costs associated with gambling addiction.
Casino Cosmopol, which is owned by the state-run Svenska Spel, has been in operation since 2001. The casino offered a wide range of games, including blackjack, roulette, and slots, and was known for its upscale atmosphere and top-notch customer service.
Many employees of Casino Cosmopol are now facing an uncertain future, as they will soon be out of a job. The casino employed over 250 staff members, from dealers to security guards to waitstaff, and many of them have worked at the casino for years.
The closure of Casino Cosmopol is also expected to have an impact on the local economy. The casino was located in the heart of Stockholm, and its closure will likely result in a decrease in foot traffic for nearby businesses, such as restaurants and hotels.
While the closure of Casino Cosmopol is certainly a blow to the gambling industry in Sweden, it is not the only casino that has been affected by the government’s crackdown. In recent years, several other casinos in the country have also closed their doors due to changes in regulations and licensing requirements.
Despite the closure of Casino Cosmopol, gambling enthusiasts in Sweden will still have plenty of options for entertainment. Online gambling is still legal in the country, and there are a number of online casinos that cater to Swedish players.
As for the future of Casino Cosmopol, it remains to be seen what will become of the iconic building. Some have speculated that it could be repurposed as a different type of entertainment venue, while others believe it could be demolished entirely.
Whatever the fate of Casino Cosmopol may be, one thing is certain – its closure marks the end of an era for the gambling industry in Sweden. As the country continues to grapple with issues of problem gambling and social costs, it is clear that the landscape of the gambling industry in Sweden is changing.