Gaming News

Tahoe casino reports layoffs

NEVADA -- As reported by the Sacramento Bee: "In another setback for the gambling industry at Lake Tahoe, one of the lake's smallest casinos has laid off 28 workers and eliminated its table games.

"The move means Bill's Casino in Stateline, Nev., will rely exclusively on slot machines for its gaming revenue. Slots are generally more profitable than table games.

"'It's more a function of the overall economy right now,' said Gary Thompson, a spokesman for the casino's parent Harrah's Entertainment Inc. 'Things are pretty slow up in the Lake Tahoe area. ... People are still visiting, but they're not spending as much.'

"...Tahoe casinos have been struggling to compete against the big Indian casinos in Northern California, and another one is set to open this fall: Red Hawk Casino on Highway 50, owned by the Shingle Springs Band of Miwok Indians..."

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