As first responders step up amid the coronavirus pandemic, one Las Vegas property is offering these workers a free meeting space with fresh food.
Bailey Schulz
Former Business reporter
While businesses across the country have shuttered in response to the COVID-19 pandemic, a new Reno-based tech accelerator is working to build diversified businesses in Northern Nevada.
Caesars Entertainment Corp. had possibly its best two months in the history of the company in January and February, according to CEO Tony Rodio. Then everything changed in March.
Station Casinos Chairman and CEO Frank Fertitta III and Vice Chairman Lorenzo Fertitta will be forgoing their salaries for the duration of the COVID-19 pandemic.
Time is up for a number of workers in the Las Vegas Valley. With the unemployment insurance office backed up with a record number of claims, many are left wondering when they’ll see any sort of benefits come in.
Furloughs at Caesars Entertainment Corp. are expected to impact roughly 90 percent of its employees at its domestic-owned properties, as well as corporate staff.
There were 71,419 unemployment insurance claims in Nevada for the week ending March 28, according to Thursday data from the Department of Labor.
Wynn Resorts Ltd. announced Wednesday that it is paying full- and part-time employees full wages, salaries and tips through May 15.
Slot machine manufacturing company IGT is furloughing employees and reducing base salaries for senior leaders, according to a company statement.
Unemployment insurance office spokespeople urge claimants to remain patient as the state handles record-high application volumes.
The company said it is extending closures of its Las Vegas properties through April 30.
Former Gov. Brian Sandoval is leaving MGM Resorts International to pursue a position as president of the University of Nevada, Reno, MGM announced Wednesday.
William Hornbuckle, president and acting CEO of MGM Resorts International, has agreed to reduce his annual minimum base salary from $1.4 million to $1.1 million.
Nevada’s 30-day casino shutdown is set to end April 16, and some Las Vegas properties are accepting bookings just days after.
Scientific Games’ CEO Barry Cottle joins a growing list of gaming executives who are forfeiting pay during the pandemic.