Updated: 08/27/2014 10:16 PM
Created: 08/27/2014 6:24 PM KSTP.com
By: Jay Kolls
5 EYEWITNESS NEWS has obtained a letter management at Running Aces Harness Track has sent to hundreds of employees outlining plans to cut wages significantly.
The letter reads in part, "economic trends recently have begun to negatively impact the Running Aces Card Room's financial viability. Absent changes to how we operate, Running Aces' future is uncertain." The letter, sent to hundreds of employees, goes on to say "Running Aces' contribution to the growth and preservation of Standardbred racing and breeding in Minnesota are also at risk."
The letter clearly states there will be no layoffs as a result of these wage changes.
But, employees who spoke to us on condition of anonymity, say the wage cuts will range anywhere between 20 and 45 percent.
Two employees said they were not sure they were going to be able to get by with such a huge wage reduction and that many employees in the card room had already left, or are planning on leaving their jobs to support their families.
Employees say they were told they either sign a letter agreeing to the wage cuts and new job descriptions, or they will no longer be employed at Running Aces. They also say management told them there will be employee meetings Thursday to answer any questions about these changes.
Running Aces, through a spokesperson, issued a statement that says, in part, "in recent years, in addition to the unstable economic conditions, a national downturn in poker play, the multi-million dollar 10-year infusion of tribal slot machine marketing dollars into Canterbury Park, and the restrictive business and cost increases from current Statutes has taken its toll on Running Aces."