Mesquite, Nevada has faced some difficult times. In fact, the largest casino gambling company, Black Gaming recently closed down the Oasis. This Oasis was the largest complex of casinos, hotels and restaurants in the area. Now with that competitor out of the way, some land based casinos in Mesquite are able to hold their own.
Eureka Casino Hotel in Mesquite has managed to survive the depression so far and is working hard to make it through and turn a profit. The casino is owned by the only asian to be a casino owner operator, Greg Lee. As the town of Mesquite grew, so did the casino that Lee Operated.
Black Gaming fell into the typical corporate casino trap as have many other casinos in Las Vegas. They have begun operating while in millions and sometimes billions of dollars in debt. Lee’s philosophy is that of his immigrant grandfather where he works with virtually no debt, and tries to stay within his means. This has allowed him to survive the slowly declining economy in the United States.
Lee has kept the casino running or over 12 years now, and admits that revenue is not really coming in at this time. Even so, he has managed to keep his head above the water as he continues to ride out the depression. According to the 45 year old Lee, the plans to expand the hotel and casino are on hold. The summer is the hardest time to get the ball rolling in the casino as the heat keeps tourists out of the state of Nevada. Now with the tourism already in a decline, and the summer coming to an end, it is possible that business may turn around and begin an upswing to start the new year. Lee follows in his family’s tradition of no debt by stating that it is easier to get accustomed to having more than having less.
Tags: gambling, online casino






