Las Vegas is known as the convention capital of the United States. Under normal circumstances, there are major conventions taking place in the city on a weekly basis. That’s not the case this year, and news has just broken that the 2020 Global Gaming Expo has been officially canceled.
As many are aware, this is the largest gaming industry event in the country. It regularly draws in tens of thousands of individuals. Today, we’re going to look at why this event has been canceled and when we may see the next one.
Let’s get into it!
Las Vegas Continues to Cautiously Reopen
On June 4th, Governor Steve Sisolak finally gave the green light for casinos in Nevada to reopen. It was a huge decision for residents here, many of whom rely on the gambling industry for employment. Most of the state’s gambling venues have been open since March and tourism continues to slowly increase.
State leaders remain cautious, though. Cases of Covid-19 have been increasing around the country. There has been a significant increase in infections in Nevada too and most feel it’s due to the reopening of casino-resorts.
There’s no going back for this state. Ordering the casinos here to close once again would be devastating to the local economy. No one expects Sisolak to take this drastic of a step. Smaller, less intrusive restrictions may still be implemented, though.
Casino companies in Las Vegas are trying to lure in visitors with travel deals and discounted room rates. We’ll get a much better picture of how much revenue is being earned here at the end of July. For now, everything is speculative.
The gambling and entertainment industry in this city is now up and running. Things are still very different here and it may be years before any real sense of normalcy is back. This week, officials ordered the cancelation of a major convention.
AGA Officials Cancel the 2020 Global Gaming Expo
The gambling industry has been growing steadily in the US for the past few decades. More states have realized the revenue potential in this industry. Every year, tens of thousands of individuals involved in the gaming industry meet up at the Global Gaming Expo to meet and network.
Unfortunately, this will not take place in 2020. Officials within the AGA have officially decided to cancel the 2020 Global Gaming Expo over concerns about health safety. AGA President and CEO Bill Miller spoke about this decision to the media this week.
“In light of continued uncertainty around a viable marketplace at a physical G2E show, global travel restrictions, and currently unknown guidance on large public gatherings this fall, we have come to the unfortunate conclusion that we simply cannot hold an in-person G2E this year,” he said.
This isn’t an entirely surprising decision. Any gatherings of extremely large crowds are discouraged. It’s not entirely clear when an event like this one can take place again. Of course, many in the gambling industry are still extremely disappointed to see the 2020 Global Gaming Expo canceled.
Las Vegas may not see any major conventions for months. It’s an unprecedented time. Perhaps we’ll see events like the once canceled this week take place virtually. For now, the plan is for the next Global Gaming Expo to take place in October of 2021.
East Coast Gambling Hubs Are Beginning to Open Back Up
Las Vegas was the first true US gambling destination to open back up. Tourism remains fairly low here, yet it was crucial to get things running again for the residents of this city. Over the past couple of weeks, several other major gambling destinations have opened back up.
Over the July 4th weekend, Atlantic City officially began allowing casinos to start operating again. It was a long-time coming for those living in and around this city. Of course, there are several new rules being implemented in these casinos that many are complaining about.
Safety is still the number-one priority for officials in New Jersey. Inside the casinos here, eating, drinking, and smoking are all prohibited. Many feel this takes away from the fun atmosphere these venues previously offered.
Don’t expect any major conventions to take place in Atlantic City soon. New Jersey is just finally beginning to see its Covid-19 infection rates drop. State leaders don’t want to see another spike in cases.
Many will be affected by the 2020 Global Gaming Expo cancelation. Some analysts predicted that things would be back to normal by then. We’ll continue offering updates on what’s happening in Las Vegas over the next few months.
Have you visited Las Vegas since the casinos reopened? How did you like your trip? Let us know in the comments section below!