Hollywood Casino eliminates 160 full-time positions

LAWRENCEBURG, Ind. - Officials with Hollywood Casino in Lawrenceburg, Ind. announced the company eliminated 160 full-time positions Wednesday.

According to a statement released by general manager Joe Hasson, the layoffs are the result of a drop in consumer spending and expansion of casinos in Ohio.

Below is the full statement Hasson released Wednesday.

In the wake of the continued softness in consumer spending and the expansion and evolution of the gaming industry throughout Ohio, it was necessary for us to right size our work force and reduce our staff by approximately 160 full-time positions. Those affected by the staff reductions will receive first consideration in applying for any new positions that become available in Lawrenceburg or elsewhere at Penn National Gaming casinos. Following these changes, our employee count is approximately 1,400. The Indiana Gaming Commission has been notified of our decision.

Penn National Gaming opened Ohio's second casino, Hollywood Casino Toledo, in May of this year. It's also building a casino in Columbus that's expected to open in the fall.

Officials expect the Toledo casino that's designed to look like a grand art deco movie house to draw around 2.8 million visitors a year.

Cincinnati's Horseshoe Casino is scheduled to open its doors in spring 2013.

Stay with 9 News and WCPO.com for updates.

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