“This is going to bounce back quickly,” said Beacon Economics founder Christopher Thornberg.
Bailey Schulz
Former Business reporter
Tony Hsieh’s Downtown Project drew its fair share of critics, but nevertheless helped transform downtown Las Vegas into a destination.
Hsieh, 46, died from injuries sustained in a New London, Connecticut, house fire. He was the former chief executive of online shoe seller Zappos.
On Tuesday, Nevada casinos cut already-reduced capacity limits in half. But indoor malls and retail stores can keep operating with the previous 50 percent capacity limit.
Rising COVID-19 cases within the state derailed plans for a number of other large events in the state.
Las Vegas room rates for Thanksgiving weekend have dropped in the weeks leading up to the holiday.
Strip casino operator MGM Resorts International is immediately working to adjust its operations.
The Clark County District Court ruled in favor of former casino mogul Steve Wynn on Thursday, claiming that state gaming regulators do not have jurisdiction over Wynn.
A second shutdown would have adverse effects on a number of industries within the state, and could push the state into deeper economic trouble.
Ohio joins a growing number of states that have been paring back casino operations as COVID-19 case numbers within the U.S. continue to surge.
The technology is set to be in place in time for the hotel-casino’s New Year’s Eve Fireworks show.
Despite rising COVID-19 cases and travel advisories in surrounding states, Las Vegas is poised to see some visitors over Thanksgiving weekend.
Four of Red Rock Resorts’ properties remain in the dark, but the locals-focused casino operator is turning its attention toward future projects in the Las Vegas Valley.
The company said the change will lead to “more ways to earn Five-Star resort experiences.”
According to a list compiled by the LVCVA, there are 36 events on the convention calendar in the first half of 2021.