"Expansion plans by an Indian casino near Sacramento, Calif., signal another bad omen for Northern Nevada's beleaguered gaming market.
Casino revenues in Reno and the Lake Tahoe area have been decimated for almost three years. The recession has zapped tourism, while bad weather routinely impedes travel by casino patrons from the important San Francisco Bay Area feeder market.
But Northern California's large Indian casino community is the primary reason Washoe County hasn't seen positive gaming revenues in 29 months and South Lake Tahoe's casinos are reporting figures mirroring the 1980s.
Bay Area residents have a choice. The Red Hawk in Placerville opened a year ago with 2,100 slot machines and 75 table games. The 7-year-old Thunder Valley near Sacramento is answering with an $800 million expansion opening in July.
Now, Cache Creek is adding to the pain.
The Sacramento Valley casino announced plans last week for a 52,000 square-foot events center, a 900-space parking garage and 20,000 additional square feet of casino space. The Yocha Dehe Wintun Nation hopes to have the expansion in place by 2013."
Get the Story:
Howard Stutz: INSIDE GAMING: Northern Nevada's woes likely to expand
(The Las Vegas Review-Journal 1/31)
Earlier Story:
Yocha Dehe Wintun Nation sets expansion
for casino (1/25)
Stay Connected
Contact Us
indianz@indianz.com202 630 8439 (THEZ)
Search
Top Indian Gaming Stories
Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
More Stories
Some Pequot card dealers unhappy with union deal St. Regis Mohawk voters support off-reservation casino
Indian Gaming Archive