Macau is an Important City for Las Vegas Casino Companies

The city of Las Vegas is essentially shut down right now. As the coronavirus began taking hold in Nevada, the governor decided to shut down all of the state’s gambling venues. Many analysts now predict that Macau will be an extremely important city for Las Vegas casino companies.Wynn Resorts In Macau

No one really knows when Las Vegas will get back to normal. Covid-19 infection rates continue to increase around the country. Today, we’re going to look at why Macau will prove to be such a valuable location for so many casino operators.

Let’s get into it!

Las Vegas Remains Shut Down Due to Covid-19

Las Vegas is one of the most heavily visited cities in America. People from all over the country flock to Sin City for its entertainment, dining, and gambling options. As the coronavirus began to infect individuals in the US, many felt it was only a matter of time before Las Vegas began taking a hit.

Within just weeks, tourism numbers in the city started to plummet. Several major casinos began announcing they were temporarily closing. Eventually, Governor Sisolak ordered all non-essential businesses in the state, including casinos, to shut down until further notice.

This is proving to be devastating for the Nevada and local Las Vegas economy. It’s well-known that Las Vegas relies on its tourism and gambling industry. A huge number of individuals here are employed in these industries and many have already lost their jobs.

The scary thing is that no one knows when things will get back to normal. Most health experts believe we’re just beginning to see things escalate. It may take months before we reach the peak of infections. Even then, we may see additional infection waves come and go for months afterward.

Las Vegas casino companies have a lot to think about right now. Some may eventually be forced to make tough decisions regarding their properties. Hope is that Macau can help to make up for some of the revenue lost in Las Vegas.

Can Macau Help to Save Las Vegas Casino Companies?

No one disputes the fact that Las Vegas is the gambling hub of the United States. Over in Asia, however, Macau is where all the big players make their bets. This city, technically controlled by Mainland China, is home to a huge number of world-class casinos.

Some of the biggest Las Vegas casino companies operating today run gaming venues in Macau. This includes MGM Resorts International, Wynn Resorts, and Las Vegas Sands. Unfortunately, Macau was recently forced to shut down due to Covid-19, as well.

Over the past few months, infection rates in China and Macau began to drop. Officials in Macau began allowing casinos to open once again. Things are far from normal here, yet it seems like only a matter of time before the casinos in this city are profitable once again.

Some analysts now feel Macau may become extremely important for the big casino operators in Las Vegas. If Nevada continues to keep casinos shut down, the venues in Macau may become these companies’ only real source of revenue.

It’s not going to happen overnight, though. Today, Macau announced a ban on all non-residents from entering the city. Officials here want to ensure that another outbreak does not take place. It’s unclear when this ban will be lifted.

How Will Macau and Las Vegas Fare in the Coming Months?

The entire world is in an unprecedented situation right now. Due to new regulations being set in place, nearly ⅓ of the entire world population is under lockdown. Some equate the measures to what was taking place at the height of World War 2.

A huge number of industries are taking a major hit. Many airline companies are likely to go under. Restaurants around the world are being forced to lay off employees. Even some of the biggest Las Vegas casino companies are concerned about what may happen in the future.

For now, Macau is in a better position than Las Vegas. When casinos closed here, it cost many casino operators millions of dollars a day. Now, things are slowly reopening. If tourism is opened here once again, however, more Covid-19 infections are likely to begin appearing.

The land-based casino industry in Las Vegas may be shut down for many months. Infections in the US are skyrocketing and casinos are unlikely to open here anytime soon.

Hopefully, Las Vegas casino companies can hold out while the coronavirus runs its course. In the meantime, Macau may prove to be the most valuable destination for gambling operators. We’re receiving updates every few hours and things are constantly changing.

Stay tuned for more Las Vegas casino news over the next few months!

AGA Comments on Atlantic City Casino Shutdowns

For the past few years, Atlantic City has once again emerged as one of the gambling hubs of the United States. New Jersey is profiting heavily from the revenue earned from this industry. Unfortunately, the AGA believes new Atlantic City casino shutdowns will take a serious toll on the economy.Sky View Of Atlantic City

It’s an extremely tough time for the land-based casino industry around the United States. No one knows when things will begin to improve, either. Today, we’re going to look at what the AGA is saying to expect.

Let’s get into it!

New Jersey’s Coronavirus Rates Are Increasing

For reasons unknown, the media seems to be reporting that New York and California are the two epicenters of the coronavirus outbreaks in the United States. In reality, though, New Jersey has the second-most infections in the country at 2,844. This trend is increasing and every day hundreds of new cases are reported in this state.

It’s not entirely surprising. New York City is experiencing an incredible surge in cases right now. New Jersey is right next door and is seeing infection rates increase rapidly.

Lawmakers in this state are trying desperately to slow this down. Unfortunately, reports indicate that the state’s testing sites are reaching capacity before even opening to the public. Governor Phil Murphy claims this isn’t a surprise and expects to see many more cases emerge over the next week.

Every state is coming up with new regulations to deal with these issues. Stay-at-home orders are now being seen around the country. Many businesses have been forced to close down, as well. Unfortunately, this is taking a serious toll on the land-based casino industry in many states including Nevada.

The gambling industry in New Jersey is taking a hit, too. Here, all casinos have been forced to close down. Some analysts are now trying to decide how long is too long for these gambling venues to be closed.

Atlantic City Casino Shutdowns Will Result in Major Economic Losses

For a time, it looked as if Atlantic City may emerge as the country’s biggest gambling destination. This city drew in a huge number of gamblers from the East Coast and revenue here continued to increase. As infection rates began to increase in New Jersey, lawmakers finally decided it was time for the state’s casinos to close to the public.

The American Gaming Association has been trying to warn Congress about the impact of these casino closures. This group represents casino owners across the country. It’s been warning about the impact these new regulations will have on cities like Las Vegas, which relies heavily on its casino industry.

This week, the AGA released a statement about the Atlantic City casino shutdowns. According to the group, this will end up affecting millions of people around the state.

“The impact on our employees, their families and communities is staggering, and the implications extend far beyond the casino floor,” said Bill Miller, president and CEO of the AGA. “Gaming is an economic engine, employing millions of local residents, generating community investment through vital tax revenue, and supporting small businesses in communities all across the country.” 

The AGA later went on to claim this will cost New Jersey $1.1 billion in economic losses. This is clearly a tough time for casino operators here. We won’t know the true impact this casino shutdown will cost for at least a few months.

US Online Casino Industry Continues to Surge

Covid-19 isn’t slowing down. Europe remains the epicenter of the pandemic, yet infection rates in the United States have been increasing rapidly. Soon, it’s likely that more cases will be recorded here than any other nation.

Recent reports claim that more than 90% of all land-based casinos in the country are shut down. This includes all of the ones in Las Vegas. The Atlantic City casino shutdowns prove that the land-based gaming industry in this country is hurting.

Many people are now choosing to play through online casino sites in the US. Most of these sites are available in every single state. The majority of them offer more gambling options than the biggest brick-and-mortar casinos in the country, too.

It’s unlikely that normal casinos will open anytime soon. Many major casino companies are now asking for emergency relief from Congress. While these venues are shut down, the online casino industry is growing more popular.

This is a constantly-evolving situation. New updates are being reported every few minutes. Hopefully, health officials are able to put a stop to this pandemic before things become too severe.

Stay tuned for more US casino news over the next few weeks!

Almost All US Casinos Are Now Officially Closed

As of today, more than 38,000 individuals have been infected with Covid-19 in the United States. Several parts of the country are experiencing huge surges in infections including New York and New Jersey. The quick spread of this virus has led to nearly all US casinos closing their doors to the public.Map of the US

It’s clear that the US land-based gambling industry is in trouble. No one can say when casinos in the country can begin operating again. Today, we’re going to look back at when these casinos began to close and discuss when we might see things improve.

Let’s get into it!

Covid-19 Has Now Infected More than 38,000 Americans

As scientists have been claiming for months, the new coronavirus that emerged in China has a unique ability to spread. Infection rates in Europe have been jumping massively. In early March, we began to see rates in the United States start to increase quickly.

At the beginning of the month, less than 100 cases were confirmed in the US. A week later, this number surpassed 1,000. Today, we’re closing in on 40,000 Americans confirmed infected with Covid-19. Unless something changes, we’ll see a million cases in the country within two months.

It’s extremely troubling. Government officials recognize that testing is not where it should be. For this reason, many believe a huge number of people now have the coronavirus but have not been officially diagnosed.

We’re also seeing many choosing now to abide by state regulations. Lawmakers are requesting that people stay at home to practice social distancing. Unfortunately, there are many that are not following these rules.

Many industries are being hit hard, including the land-based gambling industry. Almost all US casinos around the country are now closed down, including ones in Las Vegas. The American Gaming Association is now pointing this out to Congress.

AGA Claims that 90% of US Casinos Are Shut Down

The United States has a large and successful casino industry. Many states allow gambling venues to operate, either tribal-run or commercial. Land-based casinos help to bring many states and cities millions of dollars in revenue every single year.

Unfortunately, the spread of Covid-19 has forced the vast majority of casinos to close down. Obviously, these venues pose a serious danger for quick infection spread. State governments have no other choice than to shut them down.

The AGA claims that 92% of all US casinos are now shut down. That’s 910 land-based casinos all around the country. A spokesperson for the AGA believes that this has already affected more than 642,000 individuals.

Bill Miller, President and CEO of the AGA, gave a statement about this situation to Congress this week.

“The federal government must act swiftly and comprehensively to get America’s hospitality employees, and the small businesses that support them, back to work,” he said. “Gaming employees, their families, and communities are bearing the brunt of this economic standstill and will continue to suffer if Congress and the administration don’t take immediate action.”

Despite the AGA’s request, though, it’s unlikely that anything will change soon. Infection rates continue to rise around the country. Until this changes, US casinos will be forced to remain closed.

Online Casino Gambling Grows More Popular

It’s a very tough time for the US land-based casino industry. In many states, however, online casino gambling is now regulated. In these parts of the country, gambling revenue is still coming in.

Even in states without regulated casino markets, this industry is still growing more popular. There are now a huge number of fantastic online casino sites in the US. Many of them offer more gambling options than the biggest land-based casinos in the country.

Some of these sites offer sports wagering options, as well. Of course, the majority of sports leagues are now shut down around the world, too. These sites will allow their members to bet on other things like Esports and entertainment.

As more casinos stay closed, online casino gambling will grow more popular. Many people still want to place bets and these sites offer the perfect platform to do so.

It remains to be seen how long US casinos will be shut down for. Many major casino companies are now requesting emergency aid from Congress. Unless something is done, many of these companies will go bankrupt.

Stay tuned for more casino news over the next few weeks!

Las Vegas Mayor Wants to See Casinos Reopen

Covid-19 has now spread to nearly 20,000 people in the United States. As more states see their infection rates increase, more regulations are being placed on the casino industry. This week, Carolyn Goodman, the Las Vegas mayor, began asking for the city’s casinos to reopen.Carolyn Goodman

Goodman claims that the city is already hurting due to these closures. Today, we’re going to give an update on the situation and discuss when we may see the casinos in Las Vegas open to the public again.

Let’s get into it!

More States Set Regulations Due to Coronavirus

Covid-19 isn’t slowing down. In fact, infection rates continue to surge in a huge number of countries around the world. It’s an unprecedented situation that even the world’s top scientists are having a difficult time understanding.

There are still many questions surrounding this virus. No one seems to understand all of the different ways that it’s able to spread. Many are also unsure of whether or not individuals are able to become infected after already catching the virus.

What we do know, is that it has an extremely unique ability to spread from person to person. Because of this, Covid-19 has quickly spread around the world. Some nations, such as Italy and Iran, saw their infection rates increase rapidly with no signs of slowing down.

Nearly 20,000 individuals in the United States have now tested positive for the new coronavirus. It’s likely that many more are actually infected. Now, many states have begun closing down their casino industries.

This includes Las Vegas. In this city, all casinos have been forced to close by Governor Sisolak. The city’s mayor now wants this to end.

Las Vegas Mayor Asks for Casinos to Reopen to the Public

It’s not a surprise to see the mayor of Las Vegas pushing to see casinos in the city opened back up. Las Vegas relies heavily on its gambling industry. With the casinos now closed down, tourism in the city is at an all-time low, as well.

Carolyn Goodman, the Las Vegas Mayor who took office in 2011, is now asking for these gambling venues to be opened back up. She gave this opinion during a planned speech to the Las Vegas City Council.

“Our economy depends on tourism and being open for dining, entertainment, gaming, sports,” she said, “I know we, they, cannot survive any total shutdown of the economy … beyond the immediate week or two.” 

Goodman is calling for Governor Sisolak to change the state’s regulations. She argues that Las Vegas may not be able to survive if so many venues are shut down. Sisolak responded to Goodman and it seems he has no plans of opening the state’s casinos anytime soon.

“Your life and the life of your neighbors and family members will always be more valuable to me than the perceived and mistaken economic gain we have by cutting this isolation period short or by waiting one more day to get serious,” Sisolak said. “I am not asking them anymore. I am telling them they must close their doors or they will face the consequences.”

We’ll need to see how the Las Vegas mayor responds to this comment. At this point, most can only wait and see how the government deals with this new pandemic.

Las Vegas City Attorney Will Not Prosecute Businesses Breaking the Law

Under the new regulations by Governor Sisolak, most of the businesses in Las Vegas are being forced to close down. This includes all of the major casino-resorts on the Las Vegas Strip. The closing of these properties is likely costing these casino companies millions of dollars already.

Interestingly, the City Attorney in Las Vegas claims he will not enforce these regulations.

“At this point in time, there is nothing I believe, as the city’s attorney, that we can enforce,” Brad Jerbic said. “We are not going to criminally or civilly charge anyone.” 

It seems that Jerbic understands how difficult these regulations are for businesses to operate. Of course, this directly goes against what the Governor is asking. Other government bodies, such as Code Enforcement Employees, may still report these businesses breaking the regulations set in place.

We’ll need to wait and see how the city manages to cope with these new regulations. Hopefully, venues here are able to safely open to the public sometime in the near future.

Do you agree with the Las Vegas mayor? When will casinos be able to open up? Let us know in the comments section below.

Here’s How US Casino Closures Will Affect the Economy

We’ve been reporting on Covid-19 since it first emerged in China. Over the past three weeks, this virus has begun spreading quickly around the United States. Unfortunately, it now appears that US casino closures will cost the economy more than many realize.Hundred Dollar Bills

Things are changing fast. Casinos around the country are now being forced to close down. Today, we’re going to look at how much money analysts predict the gambling industry will lose.

Let’s get into it!

More Casinos Are Being Forced to Close Their Doors

Never before has a virus impacted the US gambling industry so quickly. In late January, only a few cases of this virus were present in the United States. Today, more than 16,000 individuals in the US have already tested positive.

As Covid-19 spreads, more industries are being devastated. This includes the airline industry, which seems on the brink of collapse. People around the world simply aren’t flying right now and many of these companies claim they will soon go bankrupt.

The gambling industry is also being impacted. Many states have begun forcing all casinos to shut down. This includes Nevada, which recently called on all casinos to shut their doors. It’s tough news for Las Vegas, which relies heavily on its gambling industry.

Some companies are now asking Congress for help. They claim that without emergency aid, it will be impossible to stay afloat. It’s still unclear how Congress will be able to help these companies.

There’s no doubt that land-based casino operators face a difficult time. More parts of the country are making their gambling venues shut down. New reports offer some information about how much money will be lost due to US casino closures.

Analysts Offer Grim Projection Due to US Casino Closures

Everyone knows that the next few months will be tough for land-based casinos. Unless a major breakthrough is made, the tough times could continue for the rest of the year. This week, though, several analysts revealed what will happen due to US casino closures.

According to the American Gaming Association, if all land-based casinos are forced to close their doors for the next eight weeks, it will cost the US economy $21.3 billion. More than $59 billion could be lost in total annual wage losses.

Casey Clark, the AGA’s senior vice president of strategic communications, released a statement to the media about this situation.

“The American Gaming Association, in partnership with our colleagues across the hospitality sector, is engaged with Congressional and administration leadership to shape stimulus and aid packages that will support employees, their families, and our communities through this unprecedented crisis,” he said. 

More than 530,000 casino workers are already out of a job. As more casinos are forced to close, this number will rise.

Analysts also claim that US casino closures will hurt local economies. Many parts of the country, including small cities, need the revenue from casinos. We’ll need to wait and see how casinos tackle these new, unexpected issues.

Online Casino Gambling is Growing More Popular

The US internet casino industry has been growing for years. Of course, many individuals still prefer to make their bets inside land-based venues. Now that nearly all casinos in the country are shutting down, however, the popularity of online casinos is exploding.

Fortunately, there are a huge number of fantastic internet casino sites available today. Many of them offer just as many games as the biggest land-based casinos in Las Vegas. The majority offer quick, safe payment options, as well.

One that we love is Bovada. This site is one of the most popular in the US and is known for its sleek, modern user interface. Bovada also offers a great online sportsbook, with odds on just about every sport still operating.

With that being said, the US sports world is essentially shut down right now. No major leagues are able to operate. Hopefully, that changes within the next month or two.

More US casino closures are announced every single day. The AGA feels this will have a major impact on the country’s economy. Stay tuned for more updates on this story over the next few weeks.

Oklahoma’s Casino Industry is Beginning to Shut Down

Gambling venues are shutting down in another state. Several major casinos in Oklahoma have confirmed the news in statements to the media. Today, we’re going to look at how this will affect Oklahoma’s casino industry in the long run.State Map Of Oklahoma

Lawmakers here have been in a fight with tribes over casinos for months. Now, it appears this legal battle is being put on hold. Here’s what’s happening here.

Covid-19 Update: More than 16,000 Positive Cases in the US

Thousands of new cases of Covid-19 have been officially confirmed in the United States. Testing protocol is beginning to improve and more people around the country are choosing to self-isolate. Some states, unfortunately, continue to see their infection rates increase rapidly.

California continues to take the most intense regulations. Gavin Newsom, California’s Governor has now called on everyone in the state to stay home unless it’s absolutely essential. Even with these measures, Newsom estimates that 56% of the entire state will eventually test positive.

New York is experiencing a major surge in cases, as well. More than 4,500 people here have been confirmed infected. As a result, much of the state is beginning to shut down right now.

Not every state was quick to act, though. Florida’s Governor is facing serious criticism for allowing casinos, public beaches, bars and nightclubs to remain open. Even yesterday, hundreds of people were seen partying together on a Florida beach.

With cases now beginning to emerge in Oklahoma, more casinos here are choosing to close to the public. Here’s how this situation is unfolding.

Oklahoma’s Casino Industry is Closing Down

Oklahoma has one of the largest casino industries in the United States. There are a huge number of Native American-run casinos here that contribute massively to the state government. Unfortunately, many of these venues are being forced to shut down.

Several casinos here have announced they are now closing to help stop the spread of the coronavirus throughout Oklahoma. Lucky Star Casino revealed that it’s temporarily shutting down all six of its Oklahoma venues.

The Cheyenne and Arapaho Tribes claim these properties will be closed to the public starting on Friday morning. As of now, these venues will be closed until April 2nd. Employees of these properties will be paid during this time.

It’s clear that Oklahoma’s casino industry is taking a major hit. Days ago, the WinStar World Casino Resort closed its doors. This property is known for attracting many visitors from Dallas and the surrounding area.

Most of these properties expect to open again within a few weeks. If the virus continues to spread, however, this may not be possible. We’ll need to wait and see how infection rates grow here in the coming days.

How Will This Affect the State’s Legal Fight With Tribes?

It’s interesting to see Oklahoma’s casino industry closing down right now. Many felt this was possible in 2020, yet no one expected it to be due to a global pandemic. Most thought that lawmakers would force these venues to close down due to the fight over gaming licenses.

Oklahoma and tribes agreed to compacts that allowed the tribes to run casinos for 15 years. In January, these compacts expired. The tribes believe that they automatically renew. State officials claim they need to negotiate a new deal in order to receive casino licenses.

Both parties have been fighting in court over these issues. For now, though, the coronavirus is forcing the state’s casinos to shut down.

That doesn’t mean all casino gambling options are leaving, though. There are a huge number of fantastic online casinos in Oklahoma right now. Many of them offer more gambling options than the top land-based casinos in the state.

Oklahoma’s casino industry is closing down, for now. Hopefully, the casino companies here are able to take the financial toll that Covid-19 is having on the economy.

Stay tuned for updates over the next few weeks!

Is this the Right Time to Buy Casino Stock?

The coronavirus continues to take a major toll on the gambling industry. Casinos across the United States are being forced to close down. Interestingly, some now believe that this is the perfect time to buy casino stock.

Paper On Stocks And Shares

Not everyone is interested in investing their money right now. For many, the coronavirus is already taking a major financial toll. Today, we’re going to look at how this virus is affecting casino workers, and discussing why some feel it’s the right time to put money back into this industry.

Let’s get into it!

Casinos Around the US Have Closed

As you probably know, the new coronavirus called Covid-19 has now spread around the entire country. In just a few weeks, it’s known to have infected more than 11,000 individuals. Due to the lack of mass testing available, it’s possible that many more actually have the virus.

Every state is taking its own approach to this virus. Some, like Florida, are taking a relaxed approach, allowing beaches to remain open. Many have condemned lawmakers in the state for not doing enough to stop the spread.

Other states are taking some extreme measures. In the San Francisco Bay Area, thousands of individuals are now legally required to self-quarantine at home. Nevada has officially called for all casinos and restaurants to close to the public.

In fact, many states are now forcing their casinos to shut down. This is proving to be devastating for a huge number of employees. The casino companies themselves are also losing millions of dollars every day due to these new regulations.

Unfortunately, it’s unclear when exactly things may begin to improve. Estimates vary, yet most agree that things will get considerably worse before they get better.

Some Believe Now is the Time to Buy Casino Stock

The US stock market has dropped faster than ever before. Many government officials believe we are now heading into a global recession. Some financial institutions actually claim this is a good time to begin investing money back into the stock market.

As we just mentioned, many casino companies are experiencing incredible drops in their stock prices. For this reason, certain individuals are encouraging people to buy casino stock. Shaun Kelley, a financial analyst, says he’s making this decision based on updated 2021 recession-level earnings outlooks.

“That said, our stocks are already pricing in significant liquidity concerns and we have long been aware of the financial/operational leverage in these companies,” Kelley said. 

Many casino companies with ties to Macau present good investment opportunities, he says. Not everyone agrees, though. Some feel that based on the way things are going, it’s best to avoid making any major investments.

Casino Companies Are Now Asking for Help From Congress

Despite some analyst’s calls to buy casino stock, things are still looking very grim for many of these companies. MGM Resorts International, Wynn Resorts, and Las Vegas Sands have all been forced to close down the majority of their gambling venues. Some are now asking for financial relief from Congress.

Earlier this week, several casino companies officially began requesting emergency aid. The American Gaming Association claims this situation is pushing many companies to the brink of collapse.

The AGA also points out how many individuals are at risk of losing their jobs. As more regulations are made across the country, more jobs inside casinos are likely to be lost.

It’s unclear what steps Congress will take to help these companies. Unless the situation improves quickly, however, it’s almost inevitable that some of these companies will fail.

Some feel this is the right time to buy casino stock. Make sure to stay tuned for updates on this situation over the next few months!

LV Construction Projects Are Halted Due to Covid-19

Las Vegas is beginning to shut down due to the quick spread of the new coronavirus. Casinos around the city are now closing and tourism is at an all-time low. Unfortunately, many LV construction projects are being postponed due to Covid-19, as well.

The Drew Las Vegas

This includes the Drew Las Vegas, a major hotel-casino being constructed on the Strip. Today, we’re going to talk about how this virus is affecting the city. We’ll also look at some of the major projects now being delayed here.

Let’s get into it!

All Las Vegas Casinos Have Been Forced to Close

Las Vegas is one of the world’s gambling hubs. In this city, many of the biggest and best casino-resorts are operating. For the past few years, this city has seen a major increase in revenue from its gambling industry.

Things have taken a massive turn over the past few weeks, though. Back in January, the first case of Covid-19 emerged in the United States. This coronavirus has quickly spread around the entire country.

This virus has now infected individuals across 50 different states. According to recent reports, more than 11,000 people in the US have already tested positive. Hundreds of people have been killed and the country’s hospital system may soon go under extreme strain.

States around the country are setting new regulations. Just days ago, news broke that all casinos and restaurants in the state were closing down. Carolyn Goodman, the mayor of Las Vegas, is attempting to downplay the seriousness of the virus and wants to see the city’s establishments back up and running soon.

It’s unclear what effect this casino shutdown will have on Las Vegas. It’s likely costing many casino companies millions of dollars every single month. New reports are coming out that many major construction projects are being forced to shut down.

LV Construction Projects Are Being Postponed

Daily life in Las Vegas has changed dramatically over the past couple of weeks. The Las Vegas Strip is almost deserted and it’s unclear when the state’s gambling industry will be able to begin functioning again. There are several major LV construction projects taking place right now, yet the coronavirus has forced them to get postponed.

The Drew Las Vegas is a major new hotel-casino being built on the northern end of the Las Vegas Strip. This hotel was first constructed in 2007 as the Fontainebleau Hotel-Casino. Eventually, the venue went under bankruptcy and was purchased by Carl Icahn.

Icahn then sold the hotel to the Witkoff Group and New Valley LLC for $600 million. These groups formed a plan to rename and reconstruct the property as The Drew Hotel & Casino. For months, workers have been undergoing renovation on this property.

Unfortunately, it appears that construction here is coming to an end. Steve Witkoff, owner of this property, released a statement to the media about the situation.

“The landscape is constantly changing, and we will continue to work closely with all involved to ensure a swiftly recommencement of the work when it’s appropriate to do so,” he said. 

Several other projects are likely to be canceled soon, as well. This includes the MSG Sphere, which is expected to be one of the best new entertainment venues in the city. Not every single project is stopping here, though.

Construction on Resorts World Las Vegas Set to Continue

As we’ve already mentioned, there are a huge number of major projects being constructed in Las Vegas right now. The biggest is likely Resorts World, a massive new casino-resort also being built in the north area of the Strip. It’s the most expensive hotel and gaming venue ever built in the city.

As more LV construction projects begin shutting down, many expect to see Resorts World follow suit. This doesn’t appear to be the case, though. Scott Sibella, president of this casino-resort, has told the media that project developers “do have plans to continue construction.”

Eventually, state lawmakers may force these construction projects to close down. These are unprecedented times and no one knows what to expect for the future. Some health experts predict the situation will continue for months.

Officials in Las Vegas are already feeling the impact of this virus. The city is seeing its lowest tourism rates ever. Some worry that the casino operators here face bankruptcy if nothing changes.

Things are changing fast, though. Government officials are working hard to fast-track a vaccine. Hopefully, things begin to improve before too long.

Several LV construction projects are being put on hold. Stay tuned for more updates on this situation over the next few months!

Florida’s Casino Industry is Still Up and Running

As Covid-19 spreads all around the world, more states are forcing their casinos to close down. For now, lawmakers in Florida are not setting these regulations. Florida’s casino industry is still up and running, despite more cases of the coronavirus popping up.Florida

Exactly how long these gambling venues will be able to keep operating is unknown. Florida’s state government may soon force these casinos to shut down. Let’s take a look at what exactly is happening here.

More Cases of Covid-19 Are Being Reported in Florida

The new coronavirus has now officially infected individuals in all 50 US states. Infection rates are beginning to skyrocket and many fear that our healthcare system will soon be put under intense strain. As time goes on, more cases of Covid-19 are beginning to emerge in Florida.

More than 280 Florida residents have tested positive for the virus. Many believe the true number is considerably higher, though. Just hours ago, news broke that the first death from the coronavirus in Northeast Florida has taken place.

Lawmakers in the state are taking a more lenient approach than many others, though. For reasons unknown, Florida is still allowing major beaches to stay open to the public. Bans on large public gatherings have not been announced here.

Every hour, it seems like more cases are emerging in this state. This is likely to continue for the next few weeks. Unless significant changes are made, Florida will continue to experience a major surge in Covid-19 cases.

Florida’s casino industry has seen its fair share of problems, yet it continues to operate. Here’s how gambling venues here are responding to the situation.

Florida’s Casino Industry Continues to Operate

Florida is home to many casinos. Some are racinos, and others are major Class III venues owned and operated by Native American tribes. The Seminole Tribe, which owns Hard Rock International, controls several major casinos in the state.

One of the biggest is the Seminole Casino Hotel. This massive venue, located in Immokalee, draws in many visitors from around the state. Not long ago, however, a man who visited this venue ended up passing away from Covid-19.

That isn’t stopping this property from operating. The Seminole Casino Hotel is continuing to run its operations. In fact, most of Florida’s casino industry is continuing to run as if nothing unusual is happening.

Not every casino is taking this approach, though. This week, two South Florida casinos announced they were officially closing their doors to the public. The Casino at Dania Beach and the Big Easy Casino have voluntarily closed their doors.

It seems very likely that the state will shut these venues down. Infection rates in Florida continue to increase. Soon, lawmakers here will have no other option than to close down all gambling establishments.

More States Are Forcing Casinos to Close

At the moment, Florida’s casino industry is continuing to operate. Many other states are taking a different approach. Casinos around the country are now being forced to shut down.

This includes Las Vegas. Yesterday, Nevada Governor Steve Sisolak announced that all casinos in the state are now being shut down. This is devastating to Las Vegas, which relies heavily on its gambling industry for revenue.

New York has also closed down its casino industry. Most of the gaming venues here are in Upstate New York. Governor Cuomo is not announcing when these casinos will be allowed to resume operations.

Online gambling is growing more popular every day in the US. Even Florida casino sites are growing extremely popular. Many of these websites offer even more gambling options than the top land-based casinos in the state.

Florida’s casino industry is still up and running. Don’t expect this to last for much longer, though. Soon, online casino gambling will be the only option available here.

Stay tuned for more Florida casino news over the next few months!

Governor Sisolak Announces New Coronavirus Measures

More cases of Covid-19 are beginning to appear in Clark County. As a result, the state lawmakers are beginning to introduce some heavy new regulations in the state. This week, Governor Sisolak announced a new set of measures that will significantly impact Las Vegas.Las Vegas Street View

Today, we’re going to talk about what exactly is changing here. We’ll also take a look at some of the recent cases in and around Clark County.

Let’s get into it!

Seven New Coronavirus Cases Emerge in Clark County

As Covid-19 began spreading around the US, many felt it was just a matter of time until Las Vegas was hit. It’s one of the most-visited cities in the country and draws in a huge number of individuals into fairly small areas. By early March, the first reports of the new virus in Clark County were beginning to emerge.

It was concerning, yet not entirely surprising news. As the weeks progressed, this area seemed to avoid any major outbreaks. Now, however, it looks like things are beginning to change.

Seven new cases of the coronavirus have just emerged in Clark County. The Southern Nevada Health District has officially recorded 35 new cases on Monday. One man in his 60s died due to complications from the coronavirus.

Jennifer Sizemore, a spokesperson for the SNHD, released a statement asking for help from laboratories.

“We are asking health care providers to send their specimens to private laboratories for testing,” she said. “Our laboratory is testing specimens related to contact investigations and for health care providers to assist with patient discharge.”

Things are just getting started here, as well. It’s likely that many more cases will emerge here over the next few months.

Governor Sisolak Announces Major Regulations for Nevada

The city of Las Vegas is having a tough time right now. Many of the biggest casino-resorts have closed here. Interestingly, many restaurants and hotels have still been able to stay open here.

That is now changing. This week, Governor Sisolak officially announced that all restaurants and casinos were being forced to close. He announced the measures in a news conference to the media.

“Today it’s clear additional steps must be taken immediately in order to slow the spread of this deadly virus in our state,” he said. “We absolutely must take this step for every Nevadan’s health and safety. Please, please take this seriously. “Please stay home for Nevada.”

It seemed like just a matter of time until these measures were announced. Carolyn Goodman, the mayor of Las Vegas, expressed her concerns in an official statement.

“My hope is that private industry rises to the top, that they’re allowed to stay open and take care of these families that are paycheck to paycheck,” Goodman said. 

After the announcement from Governor Sisolak, all casinos in Las Vegas are being forced to shut down.

The Las Vegas Gambling Industry is in Trouble

Las Vegas is known as the gambling hub of the United States. Here, a huge number of world-class hotels and casinos are operating. Unfortunately, these are all now being forced to close their doors to the public.

MGM Resorts and Wynn Resorts already announced they were shutting down all of their properties on the Las Vegas Strip. Not every casino planned to take these measures, though. Treasure Island announced it was remaining open to the public.

With all casinos now closing down, the state will see a major reduction in revenue. Gambling is known to bring the state millions of dollars every single month. The inability to gamble will also lead to an even bigger decrease in tourism here.

Because all land-based casinos are closing, many are now choosing to play at Nevada casino sites. There are many of these websites now available, most of which provide a huge number of fantastic casino gambling options. Most offer quick, safe payment options, as well.

It’s still unclear when Nevada’s land-based casinos will be able to open again. It will likely depend on how long infection rates continue to increase for.

After the announcement from Governor Sisolak, Nevada is shutting down many of its properties. Hopefully, the state’s major gambling operators are able to get past this tough situation.