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.
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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.
While the timeline has been altered, experts remain confident Osaka — and other Japanese regions — will see integrated resorts in the near future.
Some industry associations say there could be improvements made to the bill, but overall the response has been overwhelmingly positive.
The department is encouraging people to view its YouTube videos for assistance when phone lines are busy and file claims online at “non-peak hours.”
With casinos across the country temporarily shut down during the coronavirus crisis, operators are facing a period with zero income and a limited supply of cash.
The Cosmopolitan of Las Vegas is furloughing part-time and on-call employees, effective Tuesday.
MGM Resorts International announced that COO and President Bill Hornbuckle has been named acting CEO and president, replacing outgoing chairman and CEO Jim Murren.
Layoffs have taken a hold of Las Vegas’ hospitality industry, leaving many employees wondering if they’ll be able to afford rent. Some casino operators may be facing the same issue.
About 206,000 direct casino employees in Nevada are without work after Gov. Steve Sisolak’s Tuesday mandate, according to the American Gaming Association.
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