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admiral casino betThe 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. 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 rno deposit bonus casino zaresort 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. Wall Street went south Monday, and casino stocks followed. The casino is one of the few non-union properties in Las Vegas. With the price of oil plunging 305 percent to -.73 a barrel, shares of Exxon and Chevron tumbled more than four percent. 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. soaring eagle casino location

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