downstream casino galena kansasAs Casino.org reported last week, more than a dozen MGM Resorts The best-case scenario is in Pennsylvania, where the Keystone State is expected to lose 3.8 percent of its workforce.Virus Deadly to Gaming IndustryThe coronavirus has infected 33,404 US residents, per the latest data from the Centers for Disease Control and Prevention. (Image: Ed Komenda/Reno Gazette Journal)The Economic Policy Institute (EPI) says in its job-loss projections report that Nevada stands to lose 5.3 percent of its private-sector workforce, or 66,656 jobs. casino zurichThe economic impact is and will be severe, but the faster the virus stops, the quicker and stronger the recovery will be.”MGM Resorts, Nevada’s largest employer, announced a reduction to its workforce prior to Gov. Steve Sisolak’s (D) mandatory closure of all casinos.“These decisions are never made lightly, and we deeply regret the hardship it will place on these individuals and their families,” Bill Hornbuckle, now the acting CEO of MGM, wrote in a letter to employees.Unite Here, the labor union that represents 300,000 members working in the airlines, hotels, and food service industries, including the Culinary Union in Las Vegas and its 60,000 casino employees, says up to 90 percent of its members will be without work.“We have vast numbers of workers in the hospitality industry across America who are potentially losing jobs through layoffs,” Unite Here International President D. el dorado casino en reno

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mgm casino showsAs Casino.org reported last week, more than a dozen MGM Resorts (Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. He recently scooped up 80,000 shares, or million worth of the real estate investment trust (REIT). Even with GLP’s Monday rally – one aided by news of Carlino’s purchases – the stock is lower by 42.36 percent over the past week, and down 61.54 percent this month. As a result, states where these industries make up a larger share of employment, such as Florida, Hawaii, and Nevada, will be particularly hard hit,” the EPI said.In Nevada, where two out of every five jobs are in leisure, hospitality, or retail, the state will likely lose 5.3 private of private-sector jobs,” the report concluded.As of January, 355,300 Nevadans were employed in the leisure and hospitality sector. drake casino login