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A blog about the economy and the Sacramento-area real estate market.

February 12, 2010
New GM at Red Hawk Casino

Red Hawk Casino, which has struggled to meet expectations since opening in late 2008, named a new general manager today.

Tracy Mimno, who was chief executive at the Peppermill Casino in Reno, will take over at Red Hawk in March, pending approval from gaming regulators.

Mimno replaces Peter Fordham, who resigned in October following a difficult first year. Within a few months of opening, the Shingle Springs casino cut staffing to around 1,500 full-time equivalent employees, a loss of 250 jobs, mainly through attrition. Other Sacramento area casinos have also cut employment s the casino industry has suffered through the recession.

Executives with Lakes Entertainment Inc., the Minnesota company that manages Red Hawk, have said traffic is strong but customers aren't spending as much money as forecast.

Since Fordham's resignation, the Shingle Springs casino has been run by assistant general manager Terry Contreras, who will continue in that role.

"Tracy had tremendous success during her tenure" at Peppermill, said Lakes Chief Financial Officer Tim Cope in a press release. She was CEO of the Reno casino since 1997.

Red Hawk is owned by the Shingle Springs Band of Miwok Indians.

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