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Shingle Springs casino still failing to meet expectations
Monday, March 15, 2010
The casino owned by the Shingle Springs Band of Miwok Indians of California has had a rocky start.
The Red Hawk Casino opened in December 2008. Since then, the tribe has eliminated about 14 percent of the workforce and the company that manages the facility has replaced nearly the entire management team.
"Many of the senior management positions at the property have either been eliminated or replaced," Lakes Entertainment CEO Lyle Berman said in a conference call with investors, The Sacramento Bee reported.
Lakes is taking a more active role at the casino, Berman said. He said some changes in the games at the casino and in marketing have resulted in some improvements recently.
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Shingle Springs casino continues to miss financial targets
(The Sacramento Bee 3/13)