Tunica casino to close, lay off 1,300

Caesars Entertainment will shutter its Harrah’s casino in Tunica, Miss., on June 2, laying off as many as 1,300 workers.

Las Vegas-based Caesars has two other casinos in Tunica that will remain open — Horseshoe Tunica and Tunica Roadhouse Hotel and Casino, according to the Mississippi Business Journal.

Tunica casino's winnings appear to be falling. According to figures from the Tunica Convention & Visitors Bureau, casinos in the city won $1.16 billion from gamblers in the 12 months ended in September 2006, but that amount fell 38 percent to $723 million in the 12 months ended September 2013.

Read more from the Mississippi Business Journal.