Delta casino laying off unspecified number of workers
Published: October 17,2012
TUNICA — The Fitz Casino & Hotel Tunica has laid off an unspecified number of employees, citing a soft economy, seasonal fluctuations and increased competition.
General manager Chuck Miller declined to say how many employees were let go or how many remain. The casino reported 669 employees to the Mississippi Gaming Commission June 30.
A company statement said laid-off workers received severance and are eligible for future rehiring.
Majestic Star owns the former Fitzgerald’s, as well as two casinos in its name in Gary, Ind. Majestic Star left bankruptcy in December owned by ex-lenders, with Minnesota-based Wayzata Investment Partners the largest shareholder.
Majestic Star sold a Colorado casino for $28 million in May.
Mississippi’s 17 river casinos have reported barely higher revenue over the last year, despite recovery from 2011’s flood.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Ridgeland property rights tussle is expected to have wide impact
- BILL CRAWFORD: Keep schools free from preventable diseases
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Report ranks state schools' performance 51st in the nation
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- The leadership styles of President Obama
- PHIL HARDWICK: When will Mississippi change its culture?
- Host families prepare for Mississippi Braves’ season