Las Vegas is just a little over a week from getting back to some sense of normalcy. Earlier this week, Nevada Governor Steve Sisolak approved plans to reopen many of the state’s major casinos. The current plan is for LV casinos to open on June 4th.
Just about everyone in Nevada is anxious to see these gambling venues reopen. As most know, they provide a huge amount of money and jobs to the state. Today, we’re going to discuss which venues plan to reopen, and what this means for Nevada’s economy.
Let’s get into it!
Reopening the Casinos in Nevada Hasn’t Been Easy
Every state in the country has been economically affected by the new coronavirus spreading around the world. Some, obviously, are being hit harder than others. There are some that feel Nevada is being the worst-affected in terms of direct money and job loss.
Casinos in this state were forced to close down back in March. This instantly left hundreds of thousands of individuals without work. Many of the casino companies here also began losing millions of dollars each week.
Nevada’s tourism industry immediately came to a halt. That proved to be devastating for many of the restaurants in this city that rely on outside visitors. It’s easy to see how so many businesses started to suffer due to the shutdown of major casino-resorts.
Carolyn Goodman, the mayor of Las Vegas, controversially called for the city to start opening up weeks ago. Governor Sisolak didn’t budge, and continued to tell the media it was too early. Residents around the city eagerly awaited news on what was to come.
Now, it appears state officials feel things are safe enough to finally open back up. Many of the biggest casino-resorts are expected to open their doors next week. Here’s what we know about this situation.
Governor Sisolak Gives Green Light For LV Casinos to Open
Forcing all of the casinos in Las Vegas to close was completely unprecedented. Never before has this taken place in this city. It’s likely that most felt doing so would be impossible. For the past couple of months, the focus has been on getting back to normal.
Governor Sisolak has been cautious in allowing the state’s casinos to start accepting guests again. That’s perfectly understandable, as these venues are easy places for a contagious respiratory virus to spread. Sisolak seems content with the safety measures set in place and has given the green light for LV casinos to open their doors on June 4th.
Josh Swissman, one of the founders of The Strategy Organization, believes that opening back up will be a learning process for many of the casino companies here.
“Once their doors re-open on the 4th, operators are going to learn so much from those critical first few hours and days,” he said. “There will undoubtedly be tweaks and fine-tuning made to their re-opening procedures as a result of what they will see. Marketers should be watching visitation volume and guest behavior closely, and should look to pivot quickly if changes to their marketing plans need to be made.”
Not all of the casinos in Las Vegas are going to open back up at once. It will be a slow process and companies will look to slowly figure out what works and what doesn’t. The important thing will be to encourage social distancing on the casino floor.
Which Las Vegas Casinos Will Open Up Next Month?
The casino industry in Las Vegas is the biggest in the country. More than 40 million people flock to this city every year to enjoy the entertainment and gambling options available. With Sisolak’s approval for LV casinos to open next month, many of the major casino companies are gearing up to start accepting guests.
Caesars Palace and The Flamingo are scheduled to be the first casino-resorts to reopen. These venues will be accepting guests starting on June 4th. These venues will offer free parking and plan to open many of their restaurants, pools, and casino options.
MGM Resorts International claims that New York-New York and The Bellagio will be their first properties to reopen. A specific opening date for these venues has not been officially revealed.
Wynn Resorts has just recently announced that both of its Las Vegas properties will reopen to the public on June 4th.
“We are ready to provide our guests with a full Las Vegas experience with a collection of luxury amenities and unmatched service,” Wynn Resorts CEO Matt Maddox told the media. “The entire Wynn team is looking forward to welcoming our guests back.”
If all goes according to plan, all of the casinos in Nevada will start accepting guests next month. Hope is that enough tourists begin flocking to Las Vegas to keep these properties profitable.
Stay tuned for more Las Vegas casino news over the next few weeks!