{"id":281226,"date":"2023-07-14T16:16:28","date_gmt":"2023-07-14T21:16:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=281226"},"modified":"2023-07-14T16:16:28","modified_gmt":"2023-07-14T21:16:28","slug":"aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/","title":{"rendered":"Aruze Gaming to Shutter Las Vegas Office, Cut 100 Jobs"},"content":{"rendered":"

Aruze Gaming, a manufacturer of electronic gaming devices for casinos, will shutter its Las Vegas headquarters in August, eliminating 100 jobs in the process.<\/p>\n

\"Aruze
Aruze Gaming advertises one of its slot machines. The company is closing its Las Vegas office and laying off 100 workers. (Image: Aruze Gaming\/Casino.org<\/em>)<\/figcaption><\/figure>\n

The company filed a notice with the Nevada Department of Employment, Training and Rehabilitation, noting those changes will take effect on Aug. 18. Beyond that, details are scant. News of Aruze\u2019s office closing and layoffs comes about six months after the company filed for Chapter 11 bankruptcy<\/a> in the United States Bankruptcy Court for the State of Nevada.<\/p>\n

\n

The maker of the Rock Paper Scissors Instant Win<\/a><\/em> slot machines counts BetMGM, Circa Las Vegas, and the Seminole Tribe of Florida, which operates Hard Rock International, among its US-based clients. Upon the Chapter 11 filing, Japan-based Aruze said operations would continue as normal.<\/p>\n<\/div>\n

The bankruptcy filing indicated Aruze owed over $20 million to secured creditors.<\/p>\n

Tumultuous Times for Aruze<\/h2>\n

Kazuo Okada is Aruze\u2019s lone shareholder. The Japanese businessman is a former investor in Wynn Resorts (NASDAQ: WYNN).<\/p>\n

In 2018, Aruze was slapped with a patent infringement suit. That same year, the gaming device manufacturer was engaged in a legal skirmish with Wynn Resorts. It was a dispute in which the casino operator paid the Japanese firm $2.4 billion stemming from the forced liquidation<\/a> of Wynn\u2019s Aruze stake.<\/p>\n

Earlier this week, a court in the Philippines issued an arrest warrant<\/a> for Okada relating to his physical takeover of the Okada Manila integrated resort last year.<\/p>\n

Japan-based Universal Entertainment — the parent company of Okada Manila — and its affiliates are currently mired in a testy legal rift with a US-based special purpose acquisition company (SPAC) that is attempting to take Okada Manila public.<\/p>\n

Those scenarios aren\u2019t directly related to Aruze\u2019s struggles, but they paint a picture of volatility within Okada\u2019s business portfolio.<\/p>\n

Small Dose of Bad News for Nevada Employment Picture<\/h2>\n

One hundred lost jobs isn\u2019t a massive number, but news of the elimination of positions at Aruze comes as Nevada\u2019s broader employment picture struggles to regain pre-coronavirus pandemic levels.<\/p>\n

At the end of the May, the state\u2019s unemployment rate was 5.4%, according to the Nevada Department of Employment, Training and Rehabilitation. That\u2019s not only well above the national average, but also the worst percentage among all states and Washington, DC.<\/p>\n

The loss of jobs in Clark County isn\u2019t helpful. That county\u2019s unemployment rate was 5.6% at the end of May, noted the Nevada Department of Employment, Training and Rehabilitation. Just two Nevada counties — Lyon and Nye — had higher jobless rates as of May 31.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Aruze Gaming, a manufacturer of electronic gaming devices for casinos, will shutter its Las Vegas headquarters in August, eliminating 100 jobs in the process. The company filed a notice with the Nevada Department of Employment, Training and Rehabilitation, noting those changes will take effect on Aug. 18. Beyond that, details are scant. News of Aruze\u2019s […]<\/p>\n","protected":false},"author":46,"featured_media":237703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,81886,69293],"tags":[81898,23,81890],"acf":[],"yoast_head":"\nAruze Gaming Closing Las Vegas HQ, Eliminating 100 Jobs<\/title>\n<meta name=\"description\" content=\"Aruze Gaming shuttering Las Vegas headquarters, cutting 100 jobs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aruze Gaming Closing Las Vegas HQ, Eliminating 100 Jobs\" \/>\n<meta property=\"og:description\" content=\"Aruze Gaming shuttering Las Vegas headquarters, cutting 100 jobs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-14T21:16:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Untitled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/\",\"url\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/\",\"name\":\"Aruze Gaming Closing Las Vegas HQ, Eliminating 100 Jobs\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Untitled.jpg\",\"datePublished\":\"2023-07-14T21:16:28+00:00\",\"dateModified\":\"2023-07-14T21:16:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Aruze Gaming shuttering Las Vegas headquarters, cutting 100 jobs.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/aruze-gaming-closing-las-vegas-hq-eliminating-100-jobs\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Untitled.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Untitled.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Aruze Gaming advertises one of its slot machines. 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