bovada casino promo codesBut the company’s CEO is optimistic that Las Vegas will come roaring back once a coronavirus vaccine is widely available. Wynn Resorts operates in one of COVID-19’s hardest-hit industries. In Macau, where Wynn Resorts is heavily invested, gross gaming revenue is down 80.5 percent. seminole casino in tampaBut Maddox believes, unlike a traditional recession or economic retraction, once a vaccine is available, it will be a quick recovery.I think it will be similar to the Roaring ’20s after the pandemic of 1918 and 1919. In the third quarter, the company lost .10 a share on revenue of 0.45 million. But I think it’s something we can really lean into to get us going again.”Roaring Las VegasCOVID-19 has resulted in tens of thousands of workers employed in the US gaming industry losing their jobs, being furloughed, and/or seeing their hours reduced. paragon casino baton rouge

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olive casino miles cityWe’ve transitioned to now our board of directors is 50 percent female, and we’ve just added a really strong superstar African American (Darnell Strom). It was like, ‘Oh my God, we survived this. Gross gaming revenue (GGR) on the Strip is down nearly 44 percent through October, and hotel occupancy is off more than 47 percent compared with 2019.The devastating revenue lossesharrah s casino st louis mibouri“Employees want to know that they’re employer really cares.”Sahara Las Vegas is readying for a more fun and exciting year. Wynn’s Encore Boston Harbor integrated resort in Massachusetts has also struggled amid state-ordered operating restrictions.But despblackjack casino worldite the 2020 difficulties, Wynn Resorts CEO Matt Maddox is optimistic about 2021 and the future ahead.“I think the future of Las Vegas is bright. lake tahoe harrah s parking

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island resort and casino facebookWynn Resorts CEO Matt Maddox, seen here, believes the 2020s will be reminiscent of the early 1920s — prior to the 1929 Wall Street Crash. “Employees want to know that they’re employer really cares.”(Image: Getty)The pandemic has caused gaming win on the Strip to drop 44 percent, and hotel occupancy rates have plummeted 47 percent. The town would be out millions of dollars if that gaming property is closed for an extended period of time.Cortez said some police positions have been eliminated, along with salary reductions for city workers, to cope with the revenue shortfall.In Commerce, Mayor Altamirano says 200 city staffers were furloughed and revenue is already light by million this year due to Commerce Casino being closed.shment after attending the supervisor’s meeting at which she voted to ban outdoor eating, calling it “a most dangerous situation.”Dire StraitsFor the LA-area municipalities that are homes to card rooms, things are looking bleak.Earlier this year, Bell Gardens Mayor Alejandra Cortez said the Bicycle Casino accounts for .2 million, or 46 percent, of that city’s general fund. I think Las Vegas can establish itself as the place to go to let loose,” Maddox said during a virtual meeting with the Las Vegas Latin Chamber of Commerce this week. table games at saracen casino