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2024.07.12
mountaineer casino coin pusherSouth Point Hotel, Casino & Spa in Las Vegas is furloughing its 2,200 workers effective May 3, owner Michael Gaughan saying the decision is in their best interests. It was renamed South Point in the fall of that year.As the COVID-19 virus spread into Southern Nevada, South Point remained open until it was forced to shutter by Gov. With no concrete timetable as to when the property located south of the Strip on Las Vegas Boulevard might reopen, he claims the decision makes the most financial sense for workers.“As a result of the ongoing impact of the COVID-19 pandemic and the rliberty slots appesort closure mandate through April 30, 2020 by Governor Sisolak, we have had to make a very difficult decision to furlough most of our employees for an indefinite period beginning on May 3, 2020,” a statement explained.In a letter to employees, Gaughan added, “By being furloughed, you will be better off. fanduel casino updateSteve Sisolak’s (D) order in mid-March. South Point workers have been home for nearly a month, and now they won’t be paid by the casino resort. Wall Street went south Monday, and casino stocks followed. luckyland slots apk mod number for cache creek casinocashman casino won t loadThe casino is one of the few non-union properties in Las Vegas. Casino stocks fell along with US and global markets on Monday, as oil prices dropped below zero for the first time ever. You will receive more money from both the state and federal government than what you are currently receiving from South Point.”South Point plans to rehire its workforce once possible, though Gaughan admitted to his staff that it “may take several months to get back to full employment due to the lack of business.”Employee BenefitsGaughan sold his stake in Boyd Gaming in 2006 to fully acquire the property then known as South Coast. top 10 free online poker sitesYou will receive more money from both the state and federal government than what you are currently receiving from South Point.”South Point plans to rehire its workforce once possible, though Gaughan admitted to his staff that it “may take several months to get back to full employment due to the lack of business.”Employee BenefitsGaughan sold his stake in Boyd Gaming in 2006 to fully acquire the property then known as South Coast. The average employee received nearly 0 in additional funds, with senior level and management collecting between 0 and ,300 each.The bonuses were a result of President Donald Trump’s tax reform package approved by Congress at the end of 2017. Casino stocks fell along with US and global markets on Monday, as oil prices dropped below zero for the first time ever. downstream casino gambling age casino king slot machine wacoonline gambling 2021(Image: Elizabeth Page Brumley/Las Vegas Review-Journal)In a letter to employees, Gaughan explains the furloughs are indefinite. Casino stocks fell along with US and global markets on Monday, as oil prices dropped below zero for the first time ever. The casino is one of the few non-union properties in Las Vegas. Gaughan has continued to pay workers during the closure, and following the furloughs, he will extend health benefits through July 31, and cover health payroll insurance deductions during that time as well.While South Point is trying to paint the situation in the best available light, the fact that the Nevada unemployment website remains overwhelmed and many Nevadans are reporting lengthy delays in receiving any form of compensation – both state or federal coronavirus aid – Gaughan conceded to workers that the unemploymentliberty slots app process “can be difficult.”In January 2018, Gaughan announced he was doubling all full-time workers’ annual bonuses. With the price of oil plunging 305 percent to -.73 a barrel, shares of Exxon and Chevron tumbled more than four percent. South Point workers have been home for nearly a month, and now they won’t be paid by the casino resort. free triple 7 slot games hallmark casino promotions |