Nevada’s 30-day casino shutdown is set to end April 16, and some Las Vegas properties are accepting bookings just days after.
mc-business
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.
About 206,000 direct casino employees in Nevada are without work after Gov. Steve Sisolak’s Tuesday mandate, according to the American Gaming Association.
Hotel-casino employees worked toward complying with Gov. Steve Sisolak’s move to close all nonessential Nevada businesses for 30 days in an effort to curb the spread of COVID-19.
Sisolak’s order follows the issuance of executive orders and gaming regulatory decisions to close properties in six other states that offer casino gambling.
The line at the unemployment office on West Charleston Boulevard stretched out the front door Monday morning, filled with workers who had recently suffered from layoffs spurred by the COVID-19 outbreak.
Documentation obtained by the Review-Journal shows Caesars Entertainment Corp. has begun laying off employees “due to unforeseeable, unexpected and sudden reduced business levels as a result of COVID-19.”
MGM Resorts International announced Sunday it is temporarily suspending operations at all Las Vegas properties “until further notice,” effective Tuesday.
Wynn Resorts Ltd. is set to close its Las Vegas properties 14 days beginning 5 p.m. Tuesday to help stem the spread of the coronavirus.
MGM Resorts International told employees Friday night that significant furloughs and layoffs will begin at properties effective next week and that 150 food and beverage outlets will be closed.
At least two casino operators on the Strip are stepping up cleaning efforts as a new coronavirus spreads around the globe, with one case in Southern Nevada.
Las Vegas-based casino operators’ shares tumbled Thursday along with other stocks as financial markets reacted to the rapid spread of the new coronavirus.
From the new Allegiant Stadium near the Strip to the 35-floor Circa property downtown, skylines across the valley are beginning to shift as various construction projects near completion.