For more than a year, Elon Musk has been working to build a tunnel underneath Las Vegas that connects the Convention Center with the Strip. It’s an exciting project that many feel could expand to affect the entire city. News has just surfaced that Musk’s underground tunnel in Las Vegas is almost complete!
More details on this tunnel are still coming out. Casino companies in Las Vegas are now taking a look at whether or not tunnels like the one nearing completion could help to bring in more guests to their venues. Today, we’re going to look at how The Boring Company could change Las Vegas in the future.
Let’s get into it!
More Casinos Continue Opening Their Doors in Las Vegas
It’s been more than three months since Governor Sisolak gave the green light for casinos in Nevada to open their doors. Initially, only a few of the major casino-resorts on the Strip opened their doors. That includes the New York-New York Hotel-Casino and The Bellagio.
As time went on, more major casino-resorts started to open their doors. That includes The Wynn Las Vegas and The Venetian. Tourism rates have gradually increased since the major casinos opened here.
Some casino-resorts have taken longer than others to open back up. Just last week, news broke that Park MGM will finally begin accepting guests again in October. When it does, it will be the first casino-resort on the Strip to prohibit smoking.
It seems like every week, news breaks that another major casino is reopening here. The OYO Las Vegas has just finally begun accepting room reservations again. It won’t be too much longer before all major hotel-casinos here are open again.
Most casino companies in this city are now focused almost entirely on boosting tourism rates. It’s more difficult now than ever before. Most analysts predict that things will not truly return to normal here for at least a couple of years.
Could a tunnel transportation system under the city help to boost tourism?
The Boring Company’s First Underground Tunnel in Las Vegas is Nearly Finished
Elon Musk is known for operating fascinating, transformative businesses. He’s the CEO of SpaceX, Tesla, and a co-founder of Neuralink. One of Musk’s more unusual businesses is The Boring Company.
This is a tunnel construction company initially founded in 2016. Its goal is to create large, transportation tunnels underneath major cities. Back in March of 2019, The Boring Company gained approval to construct a tunnel that connects the Las Vegas Convention Center to the Strip.
News is now coming out that this tunnel is nearly complete. Elon Musk confirmed the news on his Twitter account this week.
“Tunnels under cities with self-driving cars will feel like warp drive. First operational tunnel under Vegas almost done. The @Boring Company,” Musk wrote.
Casino companies are already taking notice. Both Wynn Resorts and Resorts World have already submitted proposals to connect their properties via the tunnels. Many feel this could be the perfect way to connect major casino-resorts on opposite sides of the Strip.
These tunnels could completely transform transportation in the city. For years, many have asked for a better way to connect the casinos here. The first underground tunnel in Las Vegas is almost complete and many more are now being planned. We’ll be sure to offer more updates on this situation over the next few weeks.
Nevada’s Casino Companies Still Struggle With Covid-19 Cases
Nevada is known for being one of the largest casino destinations in the world. Las Vegas, in particular, is home to some of the biggest and most expensive casino-resorts ever built. Since reopening to the public, these casinos have been struggling to limit cases of Covid-19.
This is proving to be extremely difficult. Casinos can only do so much to identity sick patrons. It’s impossible to completely eliminate this problem. Employees inside casinos are now at serious risk of being infected.
New reports have just come out that show Wynn Resorts has seen almost 550 of its employees test positive for this new virus. That’s a large percentage of their workforce. Some even feel that the true number could be higher.
This is the new reality that casinos are facing right now. Land-based casinos are proving to be easy places for this new virus to spread. Until this changes, tourism and revenue rates inside gambling destinations will drop.
Online gambling, however, is surging right now. Many states now have regulated online gambling options up and running. Most of these states are earning a huge amount of revenue every month from this industry.
Are you excited to see that Elon Musk’s underground tunnel in Las Vegas is almost complete? Do you think tunnels will eventually connect casinos? Let us know in the comments section below!