Monday, June 15, 2009

The Impact Of A New Casino Opening

I was reading a print-version of this article (online for subscribers only) and I was struck by this observation:
The opening of Red Hawk Casino in Shingle Springs in December brought in another revenue generator that could help the community weather the (Sierra Pacific) mill closure, but (William Carey, owner of The Forester Pub & Grill in the town of Camino) said he thinks the casino has damaged his business more than the mill closure will.

"We were doing just fine coasting through the recession until the casino opened in December," Carey said. "We experience an immediate 30 percent drop in business."

Carey said he had to lay off five of his 10 employees to compensate for the loss of customers.

"It's interesting how a casino can affect an area," he said. "On the one hand it brings jobs in. On the other hand, all that money going into the casino comes from somewhere."

No comments:

Post a Comment