Another one bites the dust - maybe. There is a nice piece in the Sacramento Bee today on the future of the Horizon. The owner of the land will take it back in 3 years and will probably convert it to residential and retail space. They say that the Indian casinos are just taking too much away from Reno/Tahoe gaming. Tahoe had a 5% decline last year and a large new Indian Casino is due to open on Highway 50 about 75 miles below Tahoe later this year. Here is a link to the article:

http://www.sacbee.com/749/story/868412.html