Uncertain Future For Harrahs In Lake Charles - Saturday 22nd of October 2005

The gaming industry took a hard hit from hurricane Rita, but some casinos are already back up and running, or will be in the near future. That does not appear to be the case for Harrahs in Lake Charles. Officials with the casino say they have no idea when the dice will roll again.

Harrahs Regional President John Payne says, "We took extensive damage during the storm, when Rita came through." It only takes one look at Harrahs to realize the entire complex is facing the wrong direction. The casino is beached in the mud along the shore of Lake Charles.

Payne says, "We are completely in a recovery mode right now." The same holds true for other Harrahs casinos along the Gulf Coast. Payne says, "Nine thousand employees that work for Harrahs are out of work right now." Around 1400 of those employees worked in Lake Charles. Harrahs is paying its employees for the next 90 days and even picking up their benefits.

Payne says, "All of our restaurants are completely destroyed. The hotel takes another two or three months to repair. Its too early to say where we are headed in Lake Charles." Officials with Harrahs say it could take between six and nine months just to remove one of the casino boats. The boat may have to be completely taken apart because of the shallow water were it sits.

Every day the dice are not rolled and the cards are not dealt, it seems to cost everyone big bucks. Payne says, "We pay a minimum rent of $7,000,000 a year to the city. That is being lost as we speak. That does not even include the 21 and a half percent in gaming revenue that we pay to the state of Louisiana."

Other news from around the same time

Ainsworth sues retired policeman - Friday 21st of October 2005

It was July 28, 1993 and Australian poker machine king Len Ainsworth had taken a posse of Aristocrat....


Columnist John Katsilometes: A casino chip collection not online you should know about - Friday 21st of October 2005

An anonymous Denver businessman is auctioning his extensive collection of casino chips on eBay. The ....


Hoyzer proposed fixing matches, says betting boss - Friday 21st of October 2005

Robert Hoyzer, the referee at the centre of Germanys match-fixing scandal, came up with the idea of ....


The games afoot at £7m casino - Friday 21st of October 2005

GLAMOROUS Las Vegas-style showgirls dancing on stage will welcome select guests to the opening of th....


Progressive Gaming Plunges on 3Q Outlook - Friday 21st of October 2005

Progressive Gaming International Corp. saw its shares plummet Thursday after the maker of slot machi....


Boardwalk runs out - Friday 21st of October 2005

The suspense is over for employees of the Boardwalk on the Strip, who have learned that the hotel wi....


Lottery Jackpot Hits $340 Million - Friday 21st of October 2005

A ticket sold in Oregon matched all six numbers drawn in Wednesdays Powerball game to win the $340 m....


Lakeside bids to run casino - Friday 21st of October 2005

ONE of the 17 new casinos set to be built in the UK could be coming to Frimley Green as part of a £....


Sisters win appeal over casino dismissal - Friday 21st of October 2005

The Court of Appeal yesterday confirmed two rulings of the Industrial Tribunal and awarded two siste....


Casino tax income soars 17 pct in first 3 quarters - Friday 21st of October 2005

Macaos income from direct gaming tax rose 17.7 percent year-on-year in the first three quarters, acc....