Restaurants, stores and casino floors in Las Vegas are bumping up to 50 percent of their fire-code capacities, right around the time stimulus checks arrive.
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The Las Vegas Strip had the second-worst percentage decline among 19 statewide markets monitored by the Nevada Gaming Control Board, with win down 39.2 percent.
With new towers opening and the city’s first from-the-ground-up resort since 2016, downtown Las Vegas has been on a roll for months, and that includes higher gaming win.
Results for Las Vegas-centric publicly traded gaming companies were brutal in the quarter ending June 30, but analysts expect revenue to rebound in the third quarter.
The sister property to Sahara Las Vegas, also operated by The Meruelo Group, was the sixth casino property to be named in a complaint involving health and safety matters.
In the month that casinos and resorts were allowed to reopen, leisure visitors arrived, but there were still 70.5 percent fewer of them than in June 2019, the LVCVA said.
Gaming regulators noted a gathering in excess of 50 people and a lack of social distancing enforcement at slot machines and table games in the complaint signed Monday.
Casinos in Las Vegas were closed most of the second quarter, Encore Boston Harbor was shuttered the entire quarter, while Macao endured stifling border closures.
The company has beefed up its liquidity to prepare for the difficult environment presented by the coronavirus pandemic.