Covid-19 or not, when two casinos see gaming revenue declines of more than 40 percent, it’s not surprising when someone gets a pink slip.
Caesars Entertainment in Atlantic City has parted ways with Ron Baumann, whose casinos saw a 46.8 percent decrease in revenues at Harrah’s, in the city’s Marina District, and a 43.8 percent dip at Caesars, located on the AC Boardwalk.
Gregg Klein will assume the role of senior vice president and general manager at Harrah’s. Joseph Lodise will take the same title at Caesars Atlantic City, according to the Associated Press.
Both men have experience in Atlantic City. Lodise, a Villanova grad, worked for Harrah’s for some ten years, serving as vice president of finance until his promotion to general manager with Caesars Entertainment’s Horseshoe Tunica casino in Mississippi in 2017. He spent six months as top man in another Caesars property in Mississippi before coming back to Atlantic City.
A Rutgers graduate, Klein joined Eldorado Resorts in 2018 as vice president of operations, initially working with Isle Casino in Waterloo, Iowa and then Tropicana Atlantic City.