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Lakes Entertainment reports progress at Shingle Springs casino

Filed Under: California
More on: economy, lakes entertainment, shingle springs
   

Red Hawk Casino. Photo Courtesy Red Hawk Casino.

Business is improving at the casino owned by the Shingle Springs Band of Miwok Indians of California, the tribe's gaming partner reported on Tuesday.

Lakes Entertainment didn't provide figures but said it earned more fees from its management of the Red Hawk Casino. The facility has been underperforming since it opened in 2008.

“Management fees from the Red Hawk Casino were up over the prior year fourth quarter and overall compared to 2011 due to continued improvements in performance at this property. We continue to work closely with Red Hawk’s executive team, as well as the Shingle Springs Tribal Gaming Authority, to manage this property as efficiently as possible," Tim Cope, President and Chief Financial Officer of Lakes Entertainment, said in a press release.

Get the Story:
Red Hawk casino doing a bit better, says its operator (The Sacramento Bee 3/13)
Red Hawk Casino operator Lakes Entertainment earnings up (The Sacramento Business Journal 3/12)

Related Stories:
Shingle Springs Band reaches new Class III gaming compact (11/19)

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