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Las Vegas casinos: Pay during closures and where the layoffs are

Updated April 6, 2020 - 2:44 pm

With Las Vegas shutting down over fears of the new coronavirus, the valley’s main economic engine — tourism — has effectively gone dark.

Caesars Entertainment Corp.: On April 2, the company announced that it had furloughed about 90 percent of its employees at its domestic-owned properties, as well as corporate staff. Those furloughed will remain employees of the company throughout the furlough period, according to a company statement. Caesars is paying furloughed employees for the first two weeks of closures, and employees can use their available paid time off after that. In Nevada, most workers’ pay ran through April 3.

Wynn Resorts Ltd.: The company said it is paying all salaried, hourly and part-time U.S. employees full wages through May 15, for a total of 60 days of payroll continuance. The coverage includes more than 15,000 current Wynn and Encore employees, and includes average tip compliance rate or distributed tips/tokes since the beginning of the year.

MGM Resorts International: Part-time and full-time furloughed employees received two weeks of pay and benefits from the start of the closure, and all eligible employees will be enrolled in MGM Resorts health plans through June 30. Representatives did not respond to requests to clarify what would happen after the two-week period expired.

Las Vegas Sands Corp.: The 10,000 Venetian and Palazzo employees — including all salaried, hourly, tipped, seasonal and on-call employees — will be paid during the state-ordered closure, as well as the 1,200 employees working in the resorts’ 14 third-party restaurants.

Station Casinos: The company is offering regular pay and health benefits to all hourly and salaried full-time team members through May 15, and it has moved nearly 700 part-time employees to full-time status so that they can receive full benefits.

Boyd Gaming Corp.: Boyd Gaming Corp. said all full-time and part-time workers will continue to receive pay through April 10. The company is placing most of its staff on unpaid furlough on April 11 and will cover all insurance premiums for furloughed workers through June 30 or their return to work, whichever comes first.

Penn National Gaming: Company officials have said the nearly 3,200 team members at its Nevada properties will continue to receive pay and benefits through March 31.

Sahara Las Vegas: A number of employees have been laid off, and company officials have said the organization will “absorb costs to maintain health benefits for all individuals affected by these changes during this difficult time.”

The Cosmopolitan of Las Vegas: The property is offering full pay to full-time and eligible employees through April 16. Full-time workers hired on or before March 1 and part-time employees who worked an average of 30 hours per week over the last six months are considered eligible employees. The company furloughed part-time and on-call employees. Health benefits will be available through June 30.

Golden Entertainment: A letter to staff said the company plans to “do (its) best to preserve the jobs of the hardworking men and women” who work there. A letter sent to employees obtained by the Review-Journal said all full-time hourly and salaried staff would be paid for one week from their last day worked, after which the team members could use vacation days or paid time off until the balances are exhausted. Those on the company’s health insurance plan will maintain benefits during the temporary layoff period.

South Point: All full-time employees at the hotel-casino will be paid for 32 hours per week and will receive full benefits until the property reopens.

Golden Nugget: Staff members reported furloughs and layoffs. A statement from the downtown property said that “all active full-time and part-time team members” — those who were working up until the closure — will receive two weeks of pay. The company also said it would maintain and pay for benefits for all team members enrolled in its health plan and who have “accepted and remain on furlough now through the end of the furlough period,” or until June 30.

The Review-Journal is owned by the family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson.

Something we missed? Email business@reviewjournal.com.

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