As a result, they are making “meaningful staffing level reductions” at the properties that are opening first and the corporate office. Dine-in restaurants are among the businesses that will be able to reopen at limited capacities in phase one. The economic downturn due to COVID-19 is forcing a number of business changes among Las Vegas gaming companies. In order to even consider reopening Nevada, Sisolak wants to see a downward trajectory of COVID-19 cases and hospitalizations over a 14-day period. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Unaffected full-time employees will continue to be paid, with benefits, through the end of May. This material may not be published, broadcast, rewritten, or redistributed. Billionaire Casino Mogul Phil Ruffin tells Forbes he has enough cash on hand to keep his casinos closed for 20 years. Once his team indicates that COVID-19 cases are falling, he says Nevada can move into phase one of his plan, where individuals should still avoid gathering in groups of 10 or more and should continue to minimize unnecessary travel and wear face covers in public. Steve Sisolak initially ordered all casinos in Nevada to close until April 30 as part of the Stay-At-Home Order. Smaller businesses and venues where crowds can be controlled and limited will be allowed to open first. It says the company will pay health insurance premiums through September. By choosing I Accept, you consent to our use of cookies and other tracking technologies. • Gov. Steve Sisolak and the Nevada Gaming Control Board allows resorts across the state to reopen. Sisolak ordered nonessential businesses including casinos to close on March 17. Steve Sisolak Extends Stay-at-Home Order in Nevada Through May 15, How Coronavirus Is Affecting Las Vegas Food and Restaurants, Gov. According to a letter sent to … Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Station Casinos says it will assess when Fiesta Henderson, Fiesta Rancho, Texas Station, and the Palms will reopen. Red Rock Resort, Green Valley Ranch among the first to open, but the Palms will not. Station Casinos has officially reopened Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, as well as all of their Wildfire division properties. The Sahara has announced it will be accepting reservations for May 22, and Boyd Gaming, which operates ten properties around Las Vegas, is targeting a reopening for the later part of May and most, if not all, of their properties across the country to reopen by June. MGM Grand Las Vegas and New York-New York: Mid-Atlantic – MGM National Harbor and Borgata Hotel Casino & Spa: Jorge Perez, President, MGM National Harbor, Pete Brascia, SVP Marketing & Operations, Mid-Atlantic Group, Melonie Johnson, President, Borgata Hotel Casino & Spa, Hugh Turner, CFO, Borgata Hotel Casino & Spa. Sisolak wants for more testing of people to find out if they do indeed have COVID-19 and expanded tracing capacity to find out how patients contracted the disease. Team members who are not being laid off will be paid through May 31. newsletter, 2400 N Rancho Dr, North Las Vegas, NV 89032, 11011 West Charleston Boulevard, , NV 89135, 777 W Lake Mead Pkwy, Henderson, NV 89015, Mr. Fries Man Reveals a North Las Vegas Location for California Sensation, A second restaurant for fans to enter the "fries zone" heads to North Las Vegas, 38 Standout Dining Destinations in Las Vegas, A guide to the best restaurants in Las Vegas for any dining option, Everything to Know About Downtown’s New Circa Resort, From Restaurants to Bars, Restaurants, bars, a massive sports book, and a pool open all year are among the amenities, extended Nevada’s stay-at-home order through May 15, Gov. Budin says when business dries up, the financial belt-tightening gets even tighter. The company continued to pay full-time staff members through May 16. Steve Sisolak Extends Stay-at-Home Order in Nevada Through May 15 [ELV], • How Coronavirus Is Affecting Las Vegas Food and Restaurants [ELV], The new restrictions that go into effect Tuesday morning are meant to combat the ‘wildfire level’ pandemic, Station Casinos Plans Phased Reopening of Six Local Resorts, Sign up for the Ruffin owns Treasure Island, Circus Circus, and a 50% stake in the Trump hotel in Las Vegas. “When we are permitted to reopen, we don’t know what business will look like, other than knowing that business levels will be lower as a result of this unprecedented crisis,” Frank Fertitta III, the chairman and CEO of Station Casinos, says in a memo to staff. The Wildfire division will also most likely open in the first phase. "I would guess they did an internal analysis of which properties generates what type of cash flow, which properties have the most overhead, and then they made those decisions accordingly," explained Budin. The reopening of the state will happen in phases, according to the governor. To learn more or opt-out, read our Cookie Policy. MGM Resorts International tells 13 Investigates, as of Friday, a number of high level executives have been shuffled around a variety of Las Vegas properties. "It comes as no surprise, certainly how quickly and how substantially business will rebound is anybody's guess," said 13 Action News Financial Analyst Steve Budin. Steve Sisolak Reduces Restaurant and Bar Capacity to 25 Percent to Prevent the Spread of COVID-19, 15 Restaurants That Reopened in Las Vegas and Henderson During the Coronavirus Pandemic, Jo’s Malasadas Opens With Portuguese, Hawaiian, and Filipino Favorites, Take Out and Dip Away at New Arrival North Town Chicken, A Second Helping of Griddlecakes Is Headed to Spring Valley, Debut Date Set for Asian Fusion Vegan Food on the Westside. Ruffin purchased TI for half of what it is currently worth during the financial crisis in 2008, according to Forbes. Additionally, they are also making reductions at the properties that are not opening in the initial phase. LAS VEGAS (KTNV) — 11 P.M. UPDATE: The economic downturn due to COVID-19 is forcing a number of business changes among Las Vegas gaming companies. Sisolak extended Nevada’s stay-at-home order through May 15 and says that businesses will reopen in phases. On Friday, Station Casinos, which operates 18 properties around Las Vegas and Henderson announced the company would layoff an unspecified number of employees until business resumes. Northeast – MGM Springfield and Empire City: Midwest – MGM Grand Detroit and MGM Northfield Park: Southeast – Beau Rivage and Gold Strike Tunica: Brandon Dardeau, SVP Marketing & Operations. Sisolak has said that casinos will not be reopening in phase one. Furthermore, Palms Place property is reopen. The Culinary Union, Local 226, released a statement regarding the situation Friday: "Certainly it's reflective of the economy, we are not getting visitors, and locals, which Stations tend to cater to, are staying home," explained Budin. Station Casinos says it will assess when Fiesta Henderson, Fiesta Rancho, Texas Station, and the Palms will reopen. Red Rock Casino in Summerlin, Green Valley Ranch and Sunset Station in Henderson, Santa Fe Station in Centennial, Boulder Station on the eastside, and Palace Station west of the Strip, as well as six Wildfire properties, will open first. Local gaming giant Station Casinos released a plan to phase in casino openings once Gov.