MGM closes 13 hotels and casinos in Las Vegas. Wynn closes too.

[underpants]

MGM Resorts announced Sunday that it is temporarily closing its Las Vegas properties due to the coronavirus pandemic that is rapidly shutting down the gaming industry across the United States.

MGM Resorts operates 13 hotels and casinos on the Las Vegas Strip, including Bellagio, MGM Grand, New York-New York and The Mirage, among others. The casino operations will close Monday, followed by the hotels on Tuesday. The properties will remain closed until further notice, the company said in its release.

https://www.espn.com/chalk/story/_/id/28908713/saying-virus-now-public-health-crisis-requires-action-mgm-wynn-closes-vegas-casinos


"Despite our commitment to dedicating additional resources for cleaning and promoting good health, while making difficult decisions to close certain aspects of our operations, it is now apparent that this is a public health crisis that requires major collective action if we are to slow its progression," Jim Murren, chairman and CEO of MGM Resorts, said in a statement. "This is a time of uncertainty across our country and the globe, and we must all do our part to curtail the spread of this virus. We will plan to reopen our resorts as soon as it is safe to do so, and we will continue to support our employees, guests, and communities in every way that we can during this period of closure."

[3Hotdogs]

1. Interesting problem for the casinos, whether to remain open.

Stay open: Money continues to come in. But gamblers that come in are more likely to get sick and die. They are also more likely to be older if they are there during the week.

Furthermore, if the are showing up during the epidemic, they are also likely to be addicted gamblers -- the bread and butter of the industry. If they die, the long term bottom line is fucked.

Closing is the better economic decision.

[gibraltar72]

2. Firekeepers in Mi. to close.

Gson works Mi. Casino while attending college. Won't be surprised if they shut doors.