After taking a nosedive in early 2020, casino operators’ share prices are close — if not already beyond — pre-pandemic levels.
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When exactly the state crosses from pandemic to post-pandemic is hard to nail down, though experts have varying opinions of what that might look like.
Tony Hsieh stepped down as CEO of Las Vegas-based online retailer Zappos.com.
The company’s website showed no open booking dates until June 1 as of Friday afternoon. As recently as Thursday morning, the company was allowing bookings beginning May 1 for its Las Vegas properties.
Nevada Gov. Steve Sisolak has yet to confirm when casinos will be able to reopen, but operators are already preparing for the day they’ll have to reassure guests their properties are clean and safe amid the virus outbreak.
With casinos across the country temporarily shut down during the coronavirus crisis, operators are facing a period with zero income and a limited supply of cash.