February 5, 2009 (InfoPowa News) — Casino Red, a land extension of the online gambling casino bearing the same brand, closed abruptly in December last year, only months after a £5 million renovation project on the premises, a former cinema in the town of Huddersfield, U.K. turning it into an elegant and licensed land casino.
The closure was prefaced by a suspension in trading notified to the local football team, which enjoyed a shirt sponsorship from the company.
Some weeks on, the circumstances surrounding the closure, and the compensation for almost a hundred employees, remains unclear, although local media have suggested that a shortage of investor funds is behind the shutdown.
Strangely, the online version of the brand, which offers mobile, poker, sports and casino action, appears to be fully operational … and carries no mention of the land failure.
The last news on the site relates to the installation of a large projection screen in November 2008 — very close to the shutdown date.
Formed in 2006, Casino Red's online operation is licensed in Gibraltar. The original plans for the land version, in Northumberland Street in the town center, involved the extensive redevelopment of one of Huddersfield’s most treasured buildings. It included ground floor casino facilities, the Scarlet Restaurant on the original mezzanine circle at first floor level, and the Ruby Lounge bar above.