Slowing economy means job cuts at Tunica casinos - WMC Action News 5 - Memphis, Tennessee

Reported by Nick Kenney

Slowing economy means job cuts at Tunica casinos

TUNICA, MS (WMC-TV) - The Mississippi Gaming Commission confirmed Monday a round of job cuts at both the Beau Rivage in Biloxi and the Gold Strike Casino in Tunica.

According to the last numbers available, Gold Strike employs 1,782 people. Sources said the latest lay-off would affect 60 employees.

"In light of the current economic environment that we are all currently experiencing, Gold Strike has had to make tough decisions, not unlike other companies. We continuously evaluate our business and make appropriate efficiencies when needed," President and Chief Operating Officer George P. Corchis, Jr. said.

According to the Mississippi State Tax Commission, casino revenue is down across the state by nearly $45 million in one month. From $238 million in August to $193 million in September.

Officials blame the slow economy.


Click here to e-mail Nick Kenney.

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