“Blaming this dire circumstance on one person, one set of leaders, or one political party is tempting but too simple. Our response to today’s health
crisis reveals a deep illness that has been festering within American society and our body politic. We have sacrificed our sense of common destiny to a hyper-individualism that rejects the concept of solidarity among human beings. Governments are supposed to assure that everyone enjoys at least a basic level of security. Ours has all but abandoned that responsibility.”—Stephen Kinzer, senior fellow at the Watson Institute for International & Public Affairs at Brown University, on the self-revelations of the Coronavirus crisis.
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frustrated around the larger societal issues. I’d say these are people who also see an opportunity for the NBA to be a leader. I think we all know we were one of the first businesses to shut down at the beginning of the pandemic recognition in the United States. I think there is a sense that we can continue to take a leading role as we learn more in coming up with an appropriate regimen and protocol for returning to business. I think there’s a recognition from them that this is bigger than our business, certainly bigger than sports, and that there is great symbolism around sports in this country, and that to the extent we do find a path back, it will be very meaningful for Americans.”—NBA Commissioner Adam Silver, who is
order to collect taxes off them. He rationalizes the move by arguing that they’re keeping small businesses afloat. No coincidence, the makers and distributors of these slots
shutdown.) Atlantic City grossed $85.5 million, with slots falling 65% and tables plunging 54%. Borgata toppled 67.5% (to $19 million), on 62% less table win and slot win plummeting 69% on 67% less coin-in. The Caesars Entertainment trio was down 61% with 56% less table win and 64% less slot lucre. Tropicana Atlantic City had, in context, a pretty good month at the tables, down only 37% (a triumph, given all the surrounding numbers) but a 62% slide at the slots. The Trop and Hard Rock Atlantic City tied for second place with $10 million each, with the Trop off 62.5% and Hard Rock -58.5%.
during the Coronavirus pandemic, with nearly 300,000 indigenous people unemployed. The $4 billion-plus includes $631 million in vanished taxes and $969 million in unpaid salaries. And the worst part? That’s from two weeks of inactivity. Just imagine the damage after four weeks, maybe six. If things are that bad for gaming-enabled tribes, just imagine how they are for reservations that don’t have casinos as economic engines. There’s also a severe trickle-down in the form of tribal-government services and infrastructure that are going unfunded during the crisis.
be Solomonic, persuaded the Small Business Administration to effect a compromise. It has replaced a mossbacked constraint on emergency assistance with a slightly less archaic one. Heretofore, companies that derived over 33% of their revenue from gambling were excluded from the Paycheck Protection Program and other funds. Now, if you have less than $1 million in total revenue and get less than half of that from gaming, you’re eligible for relief. That might help a lot of taverns and slot routes but small casinos continue to get the shaft.
with reasonable certainty that it tracks with the Land of Lincoln. After a March 17 closure order, Missouri casino revenues fell 54%. The statewide gross was $77 million. At present, casinos are scheduled to reopen April 24, so part of this month might yet be salvaged. Such revenue as there was was dominated by slots ($65 million). The one anomaly in the results is St. Jo Frontier, which was only off 6.5%, at $2 million-plus. Everybody else got
that’s 10 times worse than Katrina. They chose to keep their stockpile of cash for the investors. That came off the backs of these workers.” Added bartender Jaron Ashley, “The money is not the problem. It’s the want-to.” Like their Vegas counterparts, Mississippi casino employees want to be kept on the payroll throughout the duration of the Covid-19 crisis. Bartender Jason McKnight, dialing in from Harrah’s Resort in Atlantic City, called for casino accountability, “You’re going to go to the government and say, ‘We need a bailout,’” he said. “Well, where’s our bailout?” Indeed, low-interest loans from the guvmint are intended, in large part, to keep workers 
their behavior.” As many as 158,000 casino-industry workers in Southern Nevada could be out of jobs in a 30-to-90-day shutdown. The casinos will be hurting, too. The Wall Street Journal estimates a $39 billion loss for Las Vegas casinos, should they be forced to stay closed for three months. Taylor was unmoved, saying, “We don’t understand why they’re not stepping up now, particularly when they have the benefit of having some government loans that would help them retain the workers and retain the benefits.” Ironically, the workers who have been faring best during the shutdown are the nonunion staffers at Venelazzo. Meanwhile, MGM Resorts International is trying place unemployed workers at Amazon and Wal-Mart, where there is apparently a demand for employees, although the pay will not be remotely as good.
industry.” According to Ambrose, it ought to be especially frightening for stand-alone properties (he cites Mt. Airy in Pennsylvania). “Hopefully this can be right-sided pretty quickly, but the virus is a moving entity. We’re seeing the worst of it now in New York and North Jersey, but other states could be coming into the pipeline two to three weeks later, so casinos in those jurisdictions will be down longer and coming back online later,” he tells Global Gaming Business.
casinos together. The famous casino Strip by CityCenter keeps on being the busiest place on earth. However, what makes Las Vegas so attractive to visitors? Have you ever thought about casinos and their live shows, which sometimes are a lot better than the ones you see elsewhere? Can you imagine Las Vegas as the top world tourist destination without its famous casinos?