Wynn and Encore become the first Las Vegas Strip casinos to operate at 100% capacity since Covid-19
The casino operator says 88% of its staff has been vaccinated against Covid-19.
, a full recovery is still years away, Colin Mansfield, an analyst from Fitch Ratings, said.In March, casinos on the tourist-reliant Strip recorded revenues of just over $500 million, which is still down 9.1% from March 2019. (The revenues are up 67% from the same time last year.) Fitch is predicting Las Vegas won’t fully recover until 2024.
Local casinos, however, are on fire. Five casino districts across Nevada that don’t rely on air-travel, mid-week business travel and tourists, but instead rely on local gamblers and people who drive-in from California, recorded all-time monthly revenue records in March, including Downtown Las Vegas, Elko County and the Carson Valley Area.
I am a staff writer on the vices beat, covering cannabis, gambling and more. I believe in the many virtues of vices. Previously at Forbes, I covered the world’s richest… Read MoreI am a staff writer on the vices beat, covering cannabis, gambling and more. I believe in the many virtues of vices. Previously at Forbes, I covered the world’s richest people as a member of the wealth team. I have been a staff writer at Inc. magazine where I wrote about entrepreneurs doing business in the legal fringes of society. Before that, I reported stories that took me to the West Bank, Moscow and Brooklyn. headtopics.comRead more: Forbes »
Vaccinations are the 'end game' to the COVID-19 crisis in India: Fauci
White House chief medical adviser Dr. Anthony Fauci appeared on ABC's 'This Week.'
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