Dry Creek Rancheria reports 7.2 percent dip in casino revenue

The Dry Creek Rancheria Band of Pomo Indians of California reported a 7.2 percent drop in revenue at the River Rock Casino in the last quarter of 2010.

The tribe took in $29.1 million during the quarter. That's down from $31.4 million for the same period in 2009.

For the entire year, the casino generated $124.2 million. That's up 1 percent from 2009.

"We continue to work on improving the overall appearance and appeal of the casino to meet customer requirements. In 2010 we completed two renovation projects, a high-limit room offering slot machines and table games and Lucky Dogz, is a 24-hour snack shop. Also, in January 2011, our poker room was converted to house approximately 60 penny denomination slot machines that were placed in service in February 2011,” David Fendrick, Chief Executive Officer and General Manager, said in a press release.

The tribe plans to refinance $200 million in debt it owes on the casino.

Get the Story:
River Rock attempting to refinance $200 million bond (The Santa Rosa Press Democrat 3/30)