Red Rock Resorts, which operates 20 regional casinos in the Las Vegas regional market, has upgraded various policies amid the coronavirus outbreak.
Bailey Schulz
Former Business reporter
As coronavirus fears cut into the Las Vegas tourism industry, a growing number of casino and convention-related workers say they are suddenly out of a job.
MGM Resorts International’s Twitter account announced that all spas, salons and fitness centers will temporarily close, effective Monday.
NV Energy is temporarily suspending nonpayment-related disconnections as a growing number of customers face financial hardships from the coronavirus outbreak.
The official Twitter account for Drai’s Beachclub Nightclub at The Cromwell will be suspending operations for “the health and safety” of its team and guests.
A study from an investment firm found Las Vegas Strip room rates are continuing to drop amid the virus outbreak, and an analyst expects regional operators will be affected as well.
As more conventions postpone or outright cancel plans, visitation appears to be slumping.
Las Vegas Strip resorts are slashing nightly room rates as the coronavirus outbreak impacts tourism.
Strip workers are starting to see their hours cut as the coronavirus outbreak weakens the travel and tourism industries.
MGM Chairman and CEO Jim Murren said the “unforeseen and unprecedented volatility” in the financial markets impacted the company’s ability to determine an offering price range.
The trade group representing the $261 billion U.S. casino industry is looking into stimulus action as the coronavirus outbreak weakens the industry’s performance.
Brian Hedlund, a microbiologist and UNLV Professor, did a study looking at how much bacteria is on Las Vegas casino chips about 15 years ago. Turns out, they’re pretty dirty.
“I’m not saying we don’t expect an impact,” CEO Dan Lee told investors.“Just that we haven’t seen an impact yet.”
Because of the virus outbreak, room rates have dipped, with some resorts charging as much as 86 percent less for a stay during the draft compared to May prices.
Reservations for performances between Wednesday and April 30 can be canceled with a full refund.