In the United States, the state of Nevada remains one of the most affected by the spread of the global Covid-19 pandemic. Faced with a new wave of contamination, the gaming industry is struggling to recover and is accumulating financial losses. The casinos are at their worst with catastrophic results during the month of May.
A 99% drop in profits
In terms of numbers, gambling establishments in Las Vegas show an unprecedented drop in revenue from April to May. This is the worst month the city has ever experienced ranging from $ 3.6 million to $ 5.8 million for Silver State gaming complexes. In comparison to the year 2019, this decrease in gaming revenue amounts to 99% during these two months. Since the confinement, activities have stopped, forcing many operators to place employees on short-time work.
Only online poker has succeeded in finishing with satisfactory results. According to the findings of the Nevada Gaming Control Board, the bulk of revenue comes from sports best online casino Singapore and online poker. In total, the amount is $ 3.77 million from player bets on the platforms of The Strip establishments, Caesars Entertainment. Each operator is organized to allow players to bet. For the South Point Casino, a drive-in has been set up to launch bets on golf, the UFC and other disciplines.
With the reopening of casinos announced on June 4, the sector should gradually resume. Nevertheless, professionals seem less optimistic due to social distancing measures and the limitation of players within gambling halls. For the moment, the number of slot machines has been reduced in order to guarantee the safety of users. Wearing a mask remains compulsory in the main gambling houses. Some believe that these precautions should reassure customers and staff. According to MGM Resorts CEO William Hornbuckle, things will return to normal over time. With the economy slowing down, the recovery in jdl888 gaming and entertainment activity is expected to boost tourism and lower the unemployment rate.
