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November 6, 2009

Shingle Springs casino not performing as expected

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The casino owned by the Shingle Springs Band of Miwok Indians isn't performing as well as expected, Lakes Entertainment Inc said on Thursday.

The Red Hawk Casino opened in December 2008. Lakes, which manages the facility, said customers aren't spending as much as anticipated.

"Results from the slot machines continue to run below our expectations," Lakes Chief Executive Lyle Berman said on a conference call, The Sacramento Bee reported.

The tribe has cut about 250 jobs from the casino and is looking for a new general manager.

Get the Story:
Red Hawk Casino manager cites results 'below expectations' (The Sacramento Bee 11/6)
Username: indianz, Password: indianzcom
Red Hawk Casino parent shows profit (The Sacramento Business Journal 11/5)

 

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