Like us on Facebook and follow us on Twitter. The damage accelerated in March, with MGM already losing 37% of its value halfway through the month and Wynn diving nearly 33%. It said the closures are expected to be in effect for two weeks, after which it will evaluate the situation.Ĭasino operators have been struggling since the virus took crimped travel and tourism to the gambling haven of Macau in January while China went on lockdown. Wynn Resorts will also close its Las Vegas operations, including its namesake casino and hotel, as of Tuesday. It will not be taking reservations for arrivals prior to May 1. The company said it will suspend operations at casinos and hotels indefinitely by Tuesday. MGM Resorts’ operations in Las Vegas include the MGM Grand, Bellagio, New York-New York, The Mirage and Mandalay Bay. Even the most popular gambling destination in America has seen every Las Vegas casinos closed until at least May and possibly much longer. The owners of iconic Las Vegas casinos such as Bellagio and Wynn Las Vegas are shutting down as the coronavirus pandemic prompts authorities to lock down public gathering places. Almost every casino in America is shut down right now, with millions of jobs on the line.
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