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The rate of latest instances per 100,000 residents is larger than the nationwide average, placing Nevada in the highest ten states for circumstances per capita-alongside Arizona, Texas, and Florida, now the epicenter of the pandemic. In Las Vegas, the combined company now owns Caesars Palace, Paris Las Vegas, Planet Hollywood, Harrah’s Las Vegas, the Flamingo, Linq Hotel, Cromwell, Bally’s, and the Rio off the Strip. The corporate also owns resorts in international countries, some with casinos. The layoffs come five months after the COVID-19 pandemic shuttered the Las Vegas Strip and resorts across the U.S., bringing the tourism economy to a halt and putting a majority of the hospitality workforce out of jobs. The unfold of COVID-19 staggered inventory prices of Las Vegas casino companies like MGM Resorts. Both companies famous that the primary two months of the yr went properly, however things took a flip for the worst in March.
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