Caesar’s Announces Closure of Harrah’s Tunica Casino
Caesars Entertainment Corporation has announced that it will be closing Harrah’s Tunica Casino on June 2nd and in doing so will be putting 1,300 people out of work. It is one of three casinos that Harrah’s operates in Tunica in northern Mississippi.
Richard Bennett, chairman of the House Gaming Committee, said that it is one of the biggest layoffs ever in Mississippi. According to Bennett 75% of the jobs are held by Mississippi residents while the rest of the employees are from Tennessee and Arkansas.
John Payne, president of central markets and partnership developments for Harrah’s said, “After exploring every other viable alternative, we have come to the difficult but necessary conclusion to close Harrah’s Tunica in an effort to appropriately position our business for the current market opportunity and ensure the long-term viability of our remaining operations in the vicinity.”
The casino will remain in operation until it closes and the company has said that it will help its employees in the transition. In addition to Harrah’s Tunica, Caesars Entertainment also owns Horseshoe Casino Tunica and Tunica Roadhouse Casino & Hotel, Bennett said that the company will be investing in those properties.