With Las Vegas largely at a standstill over fears of the new coronavirus, the real estate market is bound to take a hit. But for now, construction is still chugging along.
As National Problem Gambling Awareness Month comes to a close, responsible gaming advocates are fearful that the nation’s casino closures could lead to other problems.
Three Las Vegas area gig economy workers are just some of thousands finding financial lifelines in different places, including Friday’s passage of the $2 trillion stimulus bill.
The Amalgamated Transit Union is calling for tighter safety restrictions as they have reports of bus operators, van drivers, cleaners and mechanics being potentially exposed to the novel coronavirus during the course of their daily work.
Most Las Vegas casino operators said Friday the $2 trillion stimulus bill provides needed relief for the battered hospitality industry.
Evictions are not supposed to be happening right now. But weekly renters are still being served eviction notices, or kicked out, amid the coronavirus pandemic.
In a bid to survive the financial turmoil of the coronavirus shutdown affecting 41 properties, Penn National Gaming will furlough 26,000 employees nationwide.
Last week, the Nevada Department of Employment, Training and Rehabilitation saw the most unemployment insurance claims in state history.
After booking a huge windfall shielding himself from stock market chaos, hedge fund operator Bill Ackman is upping his stake in Summerlin developer Howard Hughes Corp. by half a billion dollars.
Casino companies up and down the Strip are using different strategies to save money where possible in a bid to weather the impacts of the coronavirus pandemic.