Resort Job Losses A Hard Hit
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Updated: 10:09 AM Jan 6, 2009
Resort Job Losses A Hard Hit
Choctaw, Miss.
Almost 600 jobs were cut Monday at the Pearl River Resort, owned by the Mississippi Band of Choctaw Indians. Management says the economy is a factor, along with poor planning.
Posted: 5:14 PM Jan 5, 2009
Reporter: Andrea Williams
Email Address: andrea.williams@wtok.com
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Almost 600 jobs were cut Monday at the Pearl River Resort, owned by the Mississippi Band of Choctaw Indians. Management says the economy is a factor, along with poor planning.

Newscenter 11 was in Choctaw Monday morning and spoke with several employees as they left a staff meeting after getting the bad news.

"I got terminated," said one employee.

And that's what hundreds of employees at the Golden Moon Hotel and Casino learned upon reporting to work Monday. On this day marking the start of the first full work week for 2009, 570 people learned that they no longer have a job.

"I was told that we can draw unemployment," said another employee.

When it came to the job cuts, Pearl River Resort officials say employees who are members of the Choctaw tribe were not affected, but the number of days they will work will be.

"We're going to work three days a week," said Golden Moon employee Justin Ferris. "We ain't getting enough hours. So might as well look for another job."

That's because as part of its 'restructuring' effort, resort officials say for now at least the Golden Moon will not be open Monday through Thursday but instead open only for Fridays, Saturdays and Sundays.

Resort CEO, retired Major General Paul Harvey, said at least part of the reason for the cuts is due to the sluggish economy, and about a 25 to 30% drop in the number of patrons.

"We're not in a chapter 11 or 7, any of that. We just need to make more money," Harvey said. "Basically what we need to support the tribe, which really are the people that own these casinos and this resort. We need about $55 to $60 million just from the tribal business at hand. I need about $22 million to service our debt and I need about $10 to $15 million to take care of what they call capital expansion, and that's to keep the casino fresh and all the things that are going on. So, we need about $87 million to $90 million and the way it was structured before we went through this procedure, we just couldn't."

In a news release, resort officials refer to poor planning as a major contributing factor that has led to the cuts. It states that the Golden Moon has strained the resort's earnings since it opened in 2002.

The news release goes on to say that the resort's new management, which was brought in by Miko Beasley Denson after he was elected in 2007, has analyzed operations and found that the Golden Moon was an 'over-expansion for the market the resort serves' and 'poorly planned'.

After the cuts, 3,000 employees will remain on the payroll at the resort as a whole. Officials say those who work full-time at the Golden Moon will have their hours increased to 40 hours a week. At least some had been cut back to 32 hours. Meanwhile as for any other cuts, resort officials say at this time they are not looking at doing this nor do they expect this to happen.


Latest Comments

Posted by: james adee Location: meridian on Jan 8, 2009 at 10:19 PM

People!! Please wake up. There is one reason for these layoffs and it is not specific to Pearl River. When the economy is in the toilet people don't go gambling!!!!!! hello?!? say what you will about Denson or the General or the other resort management but THE FACTS ARE CLEAR and easy to see if you look. Casinos in Mississippi and around the country are hurting. Read the Clarion Ledger article "MS gaming suffers with the economy" or any other article in any gaming publication. Its not rocket science. The economy sucks. Casinos nationwide are laying people off and curtailing expansions. Donald Trump's op missed its last payment! Wall street is a wreck and the big three are going down the tubes. In fact, Pearl River is doing better than most other casinos having made it this far without dropping folks. If you are trying to lay the blame for this mess anywhere other than the Bush economy you are deluding yourself. jeez.
Posted by: REAL CHOCTAW Location: CONEHATTA on Jan 6, 2009 at 07:08 PM

To the people losing jobs at the Golden Moon, we feel for you but, don't blame the whole tribe. Chief Phillip Martin's supporters went through the samething, and they were Choctaws. Maybe I misunderstood Beasley when he said "CHOCTAW FIRST". Maybe he meant; "CHOCTAW FIRST AFTER WE PARTY." Chahtas remember on election day what our leaders did when our tribe was struggling. The revenue's are supposed to be for the social needs of our tribe. Our leaders are spending like there is no tommorow. We Chahtas need to understand our children has a furture too. Look into their eyes and speak up for them. The bad spending we do today will hurt them tommorrow and who is going to be there for them, surely not the State. We have our leaders(tribal Council) going to washington to party with our revenue's. Good budgeting on January 20,2009 is to watch the inauguration on TV. Remember election is coming soon.
Posted by: Real Choctaw Location: Conehatta on Jan 6, 2009 at 05:39 PM

The Golden Moon is just the tip of the iceberg. Miko? please!call him Beasley Denson. Chief Martin earned his title but he forgot his people at the end, so we got rid of him. Beasley will only last for one term. I did vote for him, he was the only one that might have been as good as Chief Martin. WRONG! WE TOOK A GAMBLE.It was either elect Beasley or lose 14 MILLION to Ambrimoff. We are still losing money; 8 million dallor sky box, Democrat and Republican convention,countless golf games, alcohol for addiction and New Year party. now, the Presidential Inauguration. oh I forgot, China!!! when Beasley gets through it should total 14 Million. Like the movie "An American Tail" the big rat asked the mice "who are you going to believe, me or your on eyes." we are in a recession within the tribe aren't we. sometimes we got to say "NO" right now, "we are broke" and "How much will the trip cost the tribe?" We blame the bad economy but, doing bad spending? I think I will beleive my own eyes.