Nevadans are optimistic about Las Vegas’ post-coronavirus future, but they believe a full economic recovery is going to take some time.
Casinos & Gaming
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Metrics like foot traffic, gaming revenue and occupancy rates in the Reno area are closing in on pre-pandemic levels ahead of Clark County.
The Strip is set to reopen its final resort, The Cromwell, as an adults-only property in late October.
Planet Hollywood is back in business. It will be a limited reopening: Gaming floors will be open seven days a week, but the hotel will only accept weekend reservations.
The Tropicana is ready to reopen its doors for the first time since the COVID-19 pandemic reached Nevada.
Six months ago, the Las Vegas Strip was just a plane ride away. These days, it’s a road trip for gambling.
The property, known for its dolphin habitat and erupting volcano, had been closed since mid-March.
Many casinos are rushing to convert these new players into loyal customers.
The owners of Virgin Hotels Las Vegas are “carefully” looking at its scheduled fall opening after the coronavirus pandemic devastated the economy.
The offers come as Las Vegas’ trade show and convention traffic has come to a standstill because of the coronavirus pandemic.
Foot traffic is expected to spike in Las Vegas this Labor Day weekend.
Hotel owners are facing an “unprecedented wave” of foreclosures, according to a Tuesday letter from the industry to Congress.
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.
Many Las Vegas room rates are below pre-pandemic levels in an effort to attract more visitors, but pricing has held steadier compared with many other markets.
Foot traffic in Las Vegas casinos is starting to slow as the number of COVID-19 cases rises.