Casino properties on the Strip continue to face a heavy economic impact caused by the Covid-19 pandemic.
US.- Three casino properties on the Las Vegas strip have announced that they will make further lay-offs due to the impact of the Covid-19 pandemic.
Tropicana, Park MGM and MGM Grand have disclosed in letters to Nevada employment officials that they will lay off a collective total of 1,172 employees.
Tropicana will downsize by 828 workers, Park MGM by 180 and MGM Grand by 164. A separate letter sent to employment officials revealed that Tropicana will lay-off a further 132 in December.
Assistant general manager of Tropicana, Mike Thoma, wrote: “These layoffs at Tropicana Las Vegas, Inc. are the unfortunate result of COVID-19 related business circumstances that were sudden, dramatic and beyond our control.
“We simply could not foresee, that the initial closures of our
properties, that were issued by one or two states for a limited period of time, ultimately spread throughout all the states in which we operate and eventually be extended, interrupting almost all business and travel temporarily.”
Gov. Steve Sisolak closed casino properties mid-March, reopening them at the beginning of May with a series of obligatory sanitary protocols in place.
The Las Vegas casino industry has been particularly affected by the pandemic because it largely relies on conventions and tourism. Analysts have projected that a recovery could take up to four years.