Bill Hornbuckle<\/a> warned in his letter. \u201cBusiness demand has decreased significantly.\u201d<\/p>\n\u201cThese decisions are never made lightly, and we deeply regret the hardship it will place on these individuals and their families,\u201d the letter adds.<\/p>\n
He also told workers that several MGM employees have tested positive for coronavirus. More positive tests are likely, he added.<\/p>\n
Earlier, Nevada health officials reported a woman who visited The Mirage, an MGM-owned property, has also tested positive for coronavirus. As of Friday, the Southern Nevada Health District reported eight new presumptive positive COVID-19 cases, bringing the total to 16 in Clark County.<\/p>\n
Last week, the Culinary Union asked multiple Las Vegas casinos for paid leave and other benefits, given the coronavirus outbreak. The union wants its workers to get more health-related training and adequate supplies.<\/p>\n
There also should be appropriate levels of cleaning at Las Vegas area gaming properties in light of the virus, the union said. The Culinary Union additionally wants up to six months of paid leave benefits for workers in the event of a layoff.<\/p>\n
Federal Money Might Aid Sector<\/h2>\n
When asked for comment on recent events in Las Vegas given the outbreak, Anthony Cabot, Distinguished Fellow of Gaming Law at UNLV Boyd School of Law, told Casino.org<\/em>, \u201cThese next few months will be trying times for the entire hospitality industry.\u201d<\/p>\nBoth the casino companies and their most valuable asset, their employees, will be feeling the strain of the pandemic,\u201d Cabot added. \u201cThe casino companies will undoubtedly suffer significant revenue decreases, and many will likely have substantial losses.\u201d<\/p><\/blockquote>\n
He also noted the recent volatility seen on Wall Street for gaming companies.<\/p>\n
\u201cThe market reaction to casino stocks shows a decided lack of faith in the immediate future of the industry,\u201d Cabot warned. \u201cHopefully, casino companies that have the reserves and resources will work with the unions and with non-union employees to address the short term challenges, but \u2026 the Federal government will need to use its more substantial resources to address the pandemic\u2019s impacts directly on the workforce in this and most other industries.\u201d<\/p>\n
Nationally, a bipartisan workers\u2019 relief bill was approved by the House of Representatives on Saturday. It is awaiting a Senate vote.<\/p>\n
President Donald Trump and government leaders have been meeting with corporate CEOs and business associations to work out tax relief and emergency loans for corporations, Politico<\/em> reported.<\/p>\nAirlines and the cruise industry may be among the sectors to be aided. The hospitality sector could also be given support from the government, Politico<\/em> said.<\/p>\nOn Saturday, CNBC reported how Treasury Secretary Steven Mnuchin and Vice President Mike Pence referenced the travel industry while discussing possible corporate aid, given the coronavirus outbreak.<\/p>\n
Las Vegas has seen multiple conventions and meetings canceled, such as the National Association of Broadcasters<\/a>. Health officials have also warned the elderly and those with pre-existing health conditions not to travel, further hurting the sectors.<\/p>\nTrump has also halted nationals from Europe traveling to the US. There also could be limited bans on domestic US flights involving locations with severe coronavirus outbreak.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wynn Las Vegas is feeling the pressure of lower revenue stemming from the coronavirus outbreak. But unlike its rival, MGM Resorts International, Wynn workers\u2019 jobs appear to be safe. Given the pandemic, Wynn will shutter buffets, nightclubs, the poker room, racebook, salons, spas, the sportsbook, and theater shows in Las Vegas, according to reports from […]<\/p>\n","protected":false},"author":44,"featured_media":129923,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,18],"tags":[],"acf":[],"yoast_head":"\n
Wynn Las Vegas Avoids Layoffs, MGM Workers Await Discharges<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n