Employees at Colorado Belle casino in Laughlin laid off 'indefinitely'

Monday 18th May 2020

A sea of bikes rest outside the Colorado Belle Casino at the 27th Annual Laughlin River Run in 2009.

By Bryan Horwath (contact)

Monday, May 18, 2020 | 1:41 p.m.

When casinos reopen in Nevada, the Colorado Belle in Laughlin won't be among them.

The resort's 400 employees have been laid off "indefinitely," Charles Protell, chief financial officer for parent company Golden Entertainment, said in a statement today. The layoffs were first announced in April.

The Colorado Belle has been closed since mid-March, when Gov. Steve Sisolak ordered all nonessential businesses shut down to help prevent the spread of the coronavirus.

No date has been set for casinos to reopen.

The company was forced to make the deision because of the "significant economic impact from the governor's ordered closure of our industry and continued uncertainty of when we will be allowed to fully resume operations," Protell said.

"The decision has not been made lightly, but unfortunately we see this as our only recourse to mitigate ongoing expenses and anticipated reduced business levels while facing competitive pressures from neighboring states allowing their casinos to reopen," Protell said.

Employees will continue to receive benefits through the end of this month, the company said.

Some affected employees could be placed at other Golden properties.

The Colorado Belle,a replica of a 19th century paddlewheel riverboat,sits on the west bank of the Colorado River in Laughlin.

Source

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