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Fire Rock Casino has winning 1st year

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November 30, 2009

Fire Rock Navajo Casino exceeded expectations for its first year of operation. There were move than 1.3 million visits to the casino to make it a remarkable year for the Navajo Nation's first casino.

Bob Winter, CEO of the Navajo Gaming Enterprise, says the casino is profitable and its revenues have far exceeded their projections. The exact dollar amount is undisclosed.
Winter says Fire Rock is known for having "loosest slots of any Indian casino in New Mexico, if not the Southwest." This is a result of an earlier decision by the gaming enterprise to return as much as possible to the players. "We want people to come here and have fun," he said.

ECONOMIC IMPACT

The 312 employees earned $11 million during the past year. By adding the cost of benefits, the payroll was $1 million a month. About 92 percent of the employees are Navajo.
There was $1.2 million paid to vendors for food and beverage supplies and $500,000 for retail goods. Most supplies are within 50 miles of Gallup.
The casino is on track to repay the Navajo Nation the $34 million it borrowed for construction costs. It is a 3-year loan.

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