{"id":141154,"date":"2020-07-08T00:57:51","date_gmt":"2020-07-08T07:57:51","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=141154"},"modified":"2020-07-08T09:21:27","modified_gmt":"2020-07-08T16:21:27","slug":"louisiana-casino-sector-to-lay-off-10-percent-of-employees","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/","title":{"rendered":"Louisiana Casino Sector to Lay Off 10 Percent of Employees Due to Coronavirus"},"content":{"rendered":"

Louisiana\u2019s casinos and racetracks will lay off at least 3,000 employees because of economic pressure from the coronavirus pandemic, nearly 10 percent of the industry\u2019s workforce.<\/p>\r\n

\"Louisiana
Louisiana Gov. John Bel Edwards opted to hold off on a \u201cPhase 3\u201d reopening of casino facilities, which will now take place later this month. (Image: Hilary Scheinuk\/AP)<\/figcaption><\/figure>\r\n

Five casinos filed Worker Adjustment and Retraining Notification (WARN) Act notices in June for some 1,375 employees, The <\/em>Lafayette Daily Advertiser<\/em> reports. That\u2019s in addition to the more than 1,500 workers<\/a> given notice in May by Boyd Gaming.<\/p>\r\n

Four of the five casinos \u2014 Margaritaville in Bossier City, Boomtown in New Orleans, L\u2019Auberge Hotel and Casino in Baton Rouge, and L\u2019Auberge in Lake Charles — are owned by Pennsylvania-based regional casino giant Penn National Gaming. The fifth, Cypress Bayou, is a property of the Chitimacha Tribe.<\/p>\r\n

\u2018Sudden and Dramatic\u2019<\/strong><\/h2>\r\n

According to LDA<\/em>, Boomtown General Manager Brad Hirsch told employees that the temporary closure of Penn National casinos in all 19 states in which it operates has put a strain on the business. Meanwhile, current safety restrictions that limit capacity will further take its toll, he said.<\/p>\r\n

\r\n

These significant drags on our business will likely continue for the foreseeable future. Finally, we could not have anticipated when our properties would be allowed to reopen and how restrictive the new operating conditions would be, and the negative impact this would have on business volumes,\u201d<\/strong> Hirsch said in the WARN Act notice.<\/p>\r\n<\/blockquote>\r\n

Of Boyd’s layoffs, Vice President of Corporate Human Resources Chris Smith said the “pandemic\u2019s effects on our business remain unpredictable,\u201d with safety measures \u201csubject to constant updates and modification.\u201d\u00a0<\/p>\r\n

Phased Reopenings <\/strong><\/h2>\r\n

Louisiana\u2019s casinos were closed by order of Gov. John Bel Edwards (D) for roughly two months between March and May. The first phase of reopening began May 15, which limited properties to 25 percent capacity.<\/p>\r\n

Phase 2 kicked off at the beginning of June, growing casinos to 50 percent capacity. But plans to move to a Phase 3, which has yet to be defined, were put on hold two weeks ago after a spike in cases and a surge in hospitalizations made health officials jumpy.<\/p>\r\n

The four Penn National casinos collectively were down $139 million in March, April, and May compared to the corresponding period in 2019. In total, Louisiana\u2019s 15 commercial casinos lost over $420 million over the period.<\/strong><\/p>\r\n

The layoffs come despite the legislature passing plans to move to a Phase 3 two weeks ago that would provide tax relief on promotional gambling credits for the state\u2019s commercial properties. The bill is on Gov. Edwards\u2019 desk and is expected to be signed into law.<\/p>\r\n\r\n

 <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Louisiana\u2019s casinos and racetracks will lay off at least 3,000 employees because of economic pressure from the coronavirus pandemic, nearly 10 percent of the industry\u2019s workforce. Five casinos filed Worker Adjustment and Retraining Notification (WARN) Act notices in June for some 1,375 employees, The Lafayette Daily Advertiser reports. That\u2019s in addition to the more than […]<\/p>\n","protected":false},"author":36,"featured_media":141170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"\nLouisiana Casino Sector to Lay Off 10 Percent of Employees<\/title>\n<meta name=\"description\" content=\"Louisiana casinos are in trouble, with plans to lay off thousands of employees due to the coronavirus lockdown crisis from Penn National and Boyd Gaming.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Louisiana Casino Sector to Lay Off 10 Percent of Employees\" \/>\n<meta property=\"og:description\" content=\"Louisiana casinos are in trouble, with plans to lay off thousands of employees due to the coronavirus lockdown crisis from Penn National and Boyd Gaming.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-08T07:57:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-08T16:21:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/07\/bel2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"852\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/\",\"url\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/\",\"name\":\"Louisiana Casino Sector to Lay Off 10 Percent of Employees\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/07\/bel2.jpg\",\"datePublished\":\"2020-07-08T07:57:51+00:00\",\"dateModified\":\"2020-07-08T16:21:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Louisiana casinos are in trouble, with plans to lay off thousands of employees due to the coronavirus lockdown crisis from Penn National and Boyd Gaming.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/louisiana-casino-sector-to-lay-off-10-percent-of-employees\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/07\/bel2.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/07\/bel2.jpg\",\"width\":1200,\"height\":852,\"caption\":\"Louisiana Gov. 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