Newtronic faces layoffs, legal disputes and operational handover in Argentina

Newtronic SA, which operates several casinos in Entre Ríos province, including two betting halls in Gualeguaychú, faces a new development as forty employees were laid off, twenty of whom worked at those local venues.

According to the Argentine Union of Gaming Workers (ALEARA), Newtronic has failed to pay the severance packages owed to the dismissed workers, declared itself insolvent, and transferred the operation of the gaming halls to another company that only assumed responsibility for payroll.

In conversation with El Argentino, a local newspaper, representatives from the Workers’ Union of Gambling, Entertainment, Recreation and Related Activities said:  “Ten colleagues were laid off just last month and the situation remains critical.”

The union also claimed that Newtronic conducted a staff review to identify employees for potential dismissal, many of whom had previously participated in strikes and other labor actions. It also reported suspensions and alleged that the company is trying to fire some workers under disciplinary grounds to avoid paying severance.

Union representatives also informed that even those who agreed to accept 50% of their compensation have not received full payment and several of those cases are now being handled in court.

Meanwhile, Newtronic has transferred the operation of its 12 gaming halls across Entre Ríos, including slot machine venues, to Carlos and Diego Banfi, owners of the Teleinfo Group. The transfer was authorized by the provincial gambling authority, IAFAS, with an agreement to retain approximately 200 workers.

However, the employees remain formally under contract with Newtronic. According to ALEARA, wages have been paid by Teleinfo in the role of service provider, not as a legal employer, meaning social security contributions and pension payments have not been made.

Good to know: In recent months, workers have dealt with delayed salary payments, partial payments, strikes, reinstatements and power cuts in the gaming halls due to debts

The company’s potential bankruptcy raises questions about the future of its workforce. According to the union, Newtronic has accumulated significant debts, including unpaid rent, utility bills, and social security contributions. 

Representatives warned that if bankruptcy proceedings move forward without a formal labor transition, employees could be left without legal protections or access to the benefits owed under labor law.

Carlos Mendez

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