Lakewood, Washington, Casino Owner Goes Bad, Stiffs Employees

Casinos are a winning proposition for the house. People come in, gamble away money and, when they lose, they go home. when they win, they keep gambling until they lose. So how is it explained that a casino can go under?

A casino owner in Lakewood, Washington may have to answer that question sooner than later. the answer appears to be, an owner needs the proper financial backing to take losses at the casino and continue to run the operation.

Jerry Bolser is the owner of Happy Days. It started out as a restaurant many years ago, but evolved into a functional casino that is licensed for casino gambling.

On Thursday, workers became irate with Bolser right before the casino was to open. It seems that they had not been paid by the casino owner, some of them in a long time. They wanted answers. Bolser had none, and when he consulted his lawyer, he was advised not to open for business.

The workers are still seeking their money, many have phoned the Department of Labor. The complaints equal about thirty eight. While the complaints are nice, the money would be better. Bolser claims he will have the money after selling the casino for $1.5 million, but that it would take some time for that money to be available.

He had only owned the casino since January of 2006. Workers feel that if it is run correctly, the casino could be profitable for the next owner.

January 4, 2008
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
Submit News!