Colorado Belle in Laughlin, NV to Close Indefinitely

Colorado belle closing indefinitely

Breaking News

Laughlin, NV

May 18, 2020


When Nevada Governor Sisolak and the NV Gaming regulators authorize Casinos to re-open, the iconic Colorado Belle Casino Resort will remain closed.


400 employees were notified by a letter that they would be laid-off and benefits would end at the end of May.     Employees were invited to apply for positions at other properties. 


Golden Entertainment Inc., also owns the Aquarius Casino Resort and the Edgewater Casino Resort in Laughlin.    In addition they own The Strat and two Arizona Charlies Casinos in Las Vegas plus a network of PT's Gold and Sierra Gold taverns across Nevada.  

 
Charles Protell, President and CFO, Golden Entertainment, Inc. released this statement: 

 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 has caused us to make the difficult decision to extend layoffs indefinitely for approximately 400 team members at the Colorado Belle in Laughlin. We will continue benefits coverage for effected team members through May and will try to place these team members with our other properties that may have open positions.  This 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.


In addition to the hotel and gaming closing, several restaurants located inside including a long time favorite Pint's Sports Bar will remain closed.   The Big Easy Deli, the Loading Dock Bar and Grille, a snack bar round out the dining areas.   Music on the outdoor Loading Dock Stage and inside at the River Lounge will also disappear with the closer news. 


Economic factors and lower visitor numbers to Laughlin had already forced some changes at the Colorado Belle prior to closure.  The Poker Room had been closed, Live Keno was discontinued, and Table Games were only open on select days. 


As soon as word of the closure was announced, people soon started asking what will happen to the Laughlin Riverwalk area.   The Riverwalk runs from the Riverside Resort all the way to the Laughlin River Lodge. However, at the Colorado Belle, a quick detour through the Casino to continue was necessary to continue on to the New Pioneer section of the Riverwalk and beyond.   


There are no plans at this time for the property to be sold.  Or imploded. 

  

Follow Laughlin Buzz for more updates.    

Letter to Colorado Belle Employees

To All Team Members of Colorado Belle:


As you are aware, on March 17, 2020, due to the global pandemic, Governor Sisolak ordered the closure of all non-essential businesses in Nevada, including casinos. You were notified of this action and your layoff status in the letters sent to affected Team Members dated April 3, 2020.

The economic impact of this government ordered closure to our industry and to our company has been significant.


As we begin moving into this next phase of our operations, we anticipate reduced business levels which will last for an unknown period of time. Due to these challenging circumstances, the Company has no current plans to reopen the Colorado Belle property and the layoffs currently in place will extend indefinitely.


If you are enrolled in Golden Entertainment benefit plans, your coverage will end on May 31, 2020 and you will become eligible to elect coverage through COBRA. Detailed information from the Benefits Department will be forthcoming.


These are not decisions that have been made lightly. We thank you for your service and invite you to apply for any open positions at other Company properties.


Sincerely,

Katherine Roden

Vice President of Human Resources

Golden Entertainment, Inc.

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Welcome

All Casinos/Hotels are closed in Laughlin

On March 17, 2020, Governor Sisolak ordered all Gaming to be closed.  The current closure has been extended through April 30th.  Watch this page for updates from the Casinos and information as it develops about when the Casinos may re-open. 

COVID-19 rESOURCES

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Visit the Laughlin Economic Development Corporation Website for COVID-19 Resources. 

LaughlinEDC.Org

New! Best of Laughlin winners publication

Laughlin Casino & Hotel Updates and News

Riverside Resort

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 Riverside Resort is using part of the downtime during the closure to do some remodeling.  Here is a recent update from COO, Matt Laughlin:  


An Update On Monday, April 6, 2020, From Matt Laughlin


Good morning,

I hope everyone is still feeling well as we all continue to try to do our part in practicing social distancing and 60-second hand washing. That’s right. We are now supposed to wash our hands for 60 seconds in warm water. Don’t forget the backs of your hands, around your thumbs, between your fingers and extra attention to the palms of your hands. And, we all need to try and remember to wash them more than we want to. I just want to remind everyone these little things matter. Wearing a mask in public is also a good idea, but if you can stay home this week, that seems to be the best option. Let’s try to stay healthy and keep our neighbors safe so we may all meet again.

During all our repairs and deep sanitation here, we have been practicing social distancing as no more than four are working together at a time and trying to stay some feet apart. It’s challenging but important. We are wrapping up our leak issues we had (it’s supposed to rain here in the next couple days so we shall see if they are fixed) and are staging the parking garage with boxes and boxes of our new movie theater recliners. We are in the process of retiling all cinema floors and when that is complete, we will install the electrical to set-up these theater rows of motorized recliners. I’m excited.

Right now, the only other news I have to share is we are currently taking hotel room reservations to arrive Friday, May 1. We know this could change at any time depending on what our Governor decides so we are prepared either way. If May 1 changes to May 8 or May 15, we will announce and be ready. But if we do open May 1, we will be more than ready. We will be one of the cleanest resorts around!

Stay healthy, stay strong and let’s continue to stay connected.

Matt Laughlin, COO
Riverside Resort Hotel & Casino

Source:   http://www.riversideresort.com/ 

Laughlin Gaming Revenue up in January 2020

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Source, Nevada Gaming Commission publication:

https://gaming.nv.gov/modules/showdocument.aspx?documentid=16492


Nevada Gaming Revenue Report for Laughlin for February of 2020  

 

Laughlin Casino Gaming Revenue for February 2020 up 5.84%

 

In Nevada, state casinos collected more than $1 billion ($1,042,627,516) in gaming revenues in February, for the second straight month.   


In Laughlin, gaming revenue in February was $47,426,525 compared to $44,807,820 in February 2019.  This is an increase of 5.84%.    This is the second consecutive month of  a gaming revenue increase for Laughlin Casinos.  January data showed a slight increase of 0.88%
 

Nevada's casino and gaming industry was shut down since March 17, 2020.  Numbers for the abbreviated gaming period prior to the shutdown in March will not be available until mid to late April. 


Laughlin visitors Down in February 2020

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     Laughlin, NV 

Laughlin visitor volume was down -1.9% for the month of February (2020), compared to February (2019).   January visitor volume to Laughlin was also down -3.7% compared to January of 2019.  Thus far in 2020, visitor volume is down -2.8% Year to Date. Revenue per available room (RevPAR) is up 7.1% Year to Date. 


Nevada's casino industry was shut down since March 17, 2020 due to the COVID-19 virus pandemic.  All the Laughlin Casino Hotels closed.  This shutdown will greatly impact the March visitor volume.   

 
Laughlin Gaming Revenue  for February 2020 was up  5.84%

Source: LVCVA.Com

 

laughlin Town Advisory Board MeetingS

The April LTAB Meetings have been Canceled

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The Laughlin Town Managers Office is also closed due to the COVID-19 Pandemic, all calls will be routed to the Clark County Office 


The next tentatively scheduled meeting is ​May 12, 2020​   

Everyone is welcome to attend LTAB public meetings. 

A public comment period is set aside at each meeting. 


View or download/print agendas, read minutes and listen to audio from previous meetings: 

https://www.clarkcountynv.gov/administrative-services/laughlin/Pages/LaughlinTownAdvisoryBoard.aspx

 

Location: 

Laughlin Regional Government Center

101 Civic Way

Laughlin, NV 89029 

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1st Place - End of 2019 Photo Contest

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 2nd Place - End of 2019 Photo Contest

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We  will still be giving away free poker chips in contests in our Facebook Group and hiding other poker chips on the Laughlin Riverwalk from time to time. 

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