Thread: Snoqualmie Casino near Seattle is in the News!

How this ever made the 5:00 news on KIRO TV in Seattle I will never know, but it did.

The lady on the news said Snoqualmie Casino (which is not even one year old yet) is only bringing in $250,000 a month when the casino's target is $1,000,000 a month.

Management is currently laying off people and restructuring things.

I play there alot and have noticed lots of players and the place is always busy. But...

The amount of people they have working there in an average day must be close to 1,000. Lots of men walking around in suits with their hands in their pockets.

Plus with the bad economy people are playing better.
They get ahead, then quit, and then they run for the exit doors with the casino's cash.

I have talked to many people in the last month on their way out of the casino bragging that they had won X amount of dollars.

It appears alot of people are no longer hanging around inside the casino for 2 to 5 hours and losing everything they brought with them.

They are using a "Hit and Run" strategy of small to medium wins and creating long winning streaks in order to beat the casino.
Which is the way you're suppose to do it.

The goal of every professional gambler when he enters a casino is not to lose! Maybe the average slot player has learned this.

From what I can see, it appears people are becoming smarter gamblers just because of the bad economy!

Originally Posted by Monkey7

How this ever made the 5:00 news on KIRO TV in Seattle I will never know, but it did.

The lady on the news said Snoqualmie Casino (which is not even one year old yet) is only bringing in $250,000 a month when the casino's target is $1,000,000 a month.

Management is currently laying off people and restructuring things.

I play there alot and have noticed lots of players and the place is always busy. But...

The amount of people they have working there in an average day must be close to 1,000. Lots of men walking around in suits with their hands in their pockets.

Plus with the bad economy people are playing better.
They get ahead, then quit, and then they run for the exit doors with the casino's cash.

I have talked to many people in the last month on their way out of the casino bragging that they had won X amount of dollars.

It appears alot of people are no longer hanging around inside the casino for 2 to 5 hours and losing everything they brought with them.

They are using a "Hit and Run" strategy of small to medium wins and creating long winning streaks in order to beat the casino.
Which is the way you're suppose to do it.

The goal of every professional gambler when he enters a casino is not to lose! Maybe the average slot player has learned this.

From what I can see, it appears people are becoming smarter gamblers just because of the bad economy!

Monkey7,

Here's a similar story from "my backyard".

Are the players playing better, playing less money, being treated worse, and/or fed up with the post-911 border searches? Perhaps poor casino- management and planning? I do know that that casino (below) started with about 6,500 employees back in 1994, and that figure has been coming down ever since.



Casino workers face pay squeeze as hours cut

By Dave Battagello, The Windsor StarSeptember 26, 2009

As business continues to slide at Caesars Windsor, many of its 3,600 employees are being sent home early from their shifts, leaving them with smaller paycheques, struggling to pay bills and demanding layoffs.

"I've got a substantial number of workers calling me complaining that if they can't get 40 hours 'then lay me off' so they can file for (unemployment) insurance and look for another job," said Rick Laporte, president of Canadian Auto Workers Local 444 which represents casino staff.

Under the collective agreement, the casino has the right to short-shift any employee -- sending them home three or four hours early on an eight-hour shift without pay.

"It's spread through the entire casino," said Laporte.

He estimated that 20 per cent of the workforce has been affected.

"It has been three months going through this. You have people not making enough money to make ends meet. A couple single mothers are struggling to keep homes. There is a lot of frustration with the workers."

Many are pushing Laporte to demand layoffs from the casino to get the workforce reduced so not as many employees will be sent home early.

"I've been working with management and the only solution we see is layoffs," he said. "They are reluctant of layoffs because they can't predict their business. It's been three months like this. I thought they'd make a decision by now what they are going to do.

"My hands are tied. It's a difficult position to be in."

Discussions continue between management and the union and layoffs could take place, Holly Ward, the casino's director of communications, said Friday.

"I don't have any firm information today," she said. "There are no timelines, but we are working with union leaders and looking at our options.

"Layoffs are always the last option for us. We're working with the union leadership to see what options are available in terms of reducing costs through our operations in other ways."

Ward blamed new U.S. passport rules, the declining value of the U.S. dollar and the poor economy for the continuing drop in attendance at Caesars.

"It's no secret there has been a softening of our business," she said. "Certainly we are not the only one in this boat. Everyone in the (tourism or entertainment) business is seeing the same sort of slowdown."

More than 100 casino workers were laid off in July under a reorganization of its restaurants.

Summer always brings an attendance boost, but "since that has been winding up, it continues to soften," she said.

At its peak prior to the Sept. 11, 2001, terrorist attacks on the U.S., the casino employed 5,000.

© Copyright (c) The Windsor Star

I found a internet link to what I heard on the news the other night.

By running their percentages... Casinos win money in the long run.
Thats how casinos operate!

The Snoqualmie Casino cost 375 million to build.
Now the investors want all their money back ASAP with a profit.
It doesn't work that way!

Slow business at casino hurts Snoqualmie tribe - Washington State | Tri-City Herald : Mid-Columbia news

Slow business at casino hurts Snoqualmie tribe

The Associated Press

The new Snoqualmie casino hasn't turned out to be the jackpot the tribe expected.

Almost a year after it opened, the casino's only bringing in one-quarter of the $1 million a month the Snoqualmies were counting on. That's posing big budget problems.

A memo written by a grant and contract administration consultant for the tribe was obtained by The Seattle Times. It says a "combination of cutbacks and loan funding is imperative to avoid financial collapse."