![]() Sisolak has said that casinos will not be reopening in phase one.If you are in a position to try your luck, you are close to several gambling halls, including Horseshoe Casino and Gold Strike Casino. Smaller businesses and venues where crowds can be controlled and limited will be allowed to open first. The reopening of the state will happen in phases, according to the governor. ![]() That order was extended until May 15 on Thursday. Steve Sisolak initially ordered all casinos in Nevada to close until April 30 as part of the Stay-At-Home Order. Station Casinos says that its employees have been notified by telephone and mail. Additionally, they are also making reductions at the properties that are not opening in the initial phase. The Palms, Fiesta Henderson, Fiesta Rancho and Texas Station will be reopened once they have had a chance to assess how their business is performing in a “post-COVID-19 world.”Īs a result, they are making “meaningful staffing level reductions” at the properties that are opening first and the corporate office. The Wildfire division will also most likely open in the first phase. According to a letter sent to its employees, they will reopen Red Rock, Green Valley Ranch, Santa Fe, Palace Station, Sunset Station and Boulder Station first. ORIGINAL STORY: Station Casinos has announced which properties it will reopen first and the impact on its workforce. The Sahara has announced it will be accepting reservations for May 22, and Boyd Gaming, which operates ten properties around Las Vegas, is targeting a reopening for the later part of May and most, if not all, of their properties across the country to reopen by June. He has faced criticism amid the shutdown due to 4,400 of his 5,000 employees are furloughed without pay. Ruffin purchased TI for half of what it is currently worth during the financial crisis in 2008, according to Forbes. Ruffin owns Treasure Island, Circus Circus, and a 50% stake in the Trump hotel in Las Vegas. Southeast – Beau Rivage and Gold Strike Tunica:īrandon Dardeau, SVP Marketing & Operationsīillionaire Casino Mogul Phil Ruffin tells Forbes he has enough cash on hand to keep his casinos closed for 20 years. Midwest – MGM Grand Detroit and MGM Northfield Park: Northeast – MGM Springfield and Empire City: Hugh Turner, CFO, Borgata Hotel Casino & Spa Melonie Johnson, President, Borgata Hotel Casino & Spa Pete Brascia, SVP Marketing & Operations, Mid-Atlantic Group Jorge Perez, President, MGM National Harbor Mid-Atlantic – MGM National Harbor and Borgata Hotel Casino & Spa: MGM Grand Las Vegas and New York-New York: MGM Resorts International tells 13 Investigates, as of Friday, a number of high level executives have been shuffled around a variety of Las Vegas properties. "Certainly it's reflective of the economy, we are not getting visitors, and locals, which Stations tend to cater to, are staying home," explained Budin. ![]() The Culinary Union, Local 226, released a statement regarding the situation Friday: Unaffected full-time employees will continue to be paid, with benefits, through the end of May. Station Casinos tells 13 Investigates the impacted employees would be paid until May 16, and healthcare coverage is provided until the end of September. "I would guess they did an internal analysis of which properties generates what type of cash flow, which properties have the most overhead, and then they made those decisions accordingly," explained Budin. "It comes as no surprise, certainly how quickly and how substantially business will rebound is anybody's guess," said 13 Action News Financial Analyst Steve Budin.īudin says when business dries up, the financial belt-tightening gets even tighter. On Friday, Station Casinos, which operates 18 properties around Las Vegas and Henderson announced the company would layoff an unspecified number of employees until business resumes. UPDATE: The economic downturn due to COVID-19 is forcing a number of business changes among Las Vegas gaming companies. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |