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Applicants for unemployment benefits have even come from all small and medium-sized businesses,
Las Vegas' largest hotel 우리카지노 in the tourist hub of Las Vegas, Las Vegas, announced it will reopen on May 15 after it closed in March due to the spread of Corona 19.
The casino on Treasure Island, one of the largest hotels with 3,000 rooms, began accepting reservations on May 15, the hotel's website said. They will resume all operations soon after the governor's order to grant them permission.
The announcement comes as the number of jobless applicants for the fifth consecutive week has increased in Nevada due to the closure of the Korona 19 and the suspension of all businesses.
Applicants for unemployment benefits have even come from all small and medium-sized businesses, including large casinos, with the number currently standing at 343,000.
Las Vegas Mayor Carolyn Goodman on Tuesday called for the resumption of non-essential facilities, including casinos, during broadcast interviews such as NBC and CNN. He also said he wants to reopen all facilities, including casinos, restaurants, conventions and small businesses on the city's tourist streets.
An independent, he said, "I want to open the city so that our citizens can return to their jobs," but casino and hotel employees protested, saying they could not relax without safety measures such as social distance guidelines, facility disinfection and body temperature measurement, NBC News reported.
Nevada Gov. Steve Sisolak said he would slowly and step by step to resume operations while keeping social distance. However, it did not reveal the exact date when it would be implemented, and the establishment first set May 15 as a deadline and began preparations.
Grand Korea Leisure Co., which runs the foreigner-only casino "Seven Luck," and Kangwon Land Co. have extended the temporary closure period, which was scheduled until early next month. Due to temporary closures caused by the new coronavirus infection (CORONA 19), the casino industry continues to lose sales.
According to the industry, Gangwon Land has extended the temporary closure period of the casino, which was planned to be until the 20th, to 6 a.m. on the 4th of next month and to 6 a.m. on the 6th of next month.
Kangwon Land has temporarily suspended its casino business since Feb. 23, when Corona 19 began to spread quickly, extending it seven times so far.
Kangwon Land initially estimated the loss of casino sales due to temporary closures at 11.1 billion won last year, based on the daily average of casino sales, but predicts a loss of 261.1 billion won due to prolonged closures. This is about half of all operating profit of last year.
GKL had been considering a two-week holiday from March 24, but it was extended once to 20th, but the government delayed its opening by extending the "social distance" for 16 days. GKL initially estimated sales losses of about 17.5 billion won, but expects losses of 57.8 billion won due to a prolonged period of closure.
The industry predicts that the second quarter's earnings will also fall below market forecasts following the first quarter as social distance keeping in Korea and restrictions on overseas arrivals will affect it until mid-May.
"The characteristics of the foreign casino industry, which had been heavily dependent on VIPs due to the global spread of Corona 19, are expected to change," an industry source said.
"China, Taiwan, and baandca.com have passed their peak or entered a relatively calm phase, while Japan has continued to spread, making it impossible to predict foreign entry."
It will turn into a mass-oriented competition as VIPs find it difficult to enter the country," he explained.
Ji In-hae, a researcher at Hanwha Investment & Securities, said, "The demand for Corona 19 is uncertain, but the supply is also a cause of concern," adding, "Lotte Tourism Development is set to open a large casino complex resort on Jeju Island within the first half of the year, and the size of the casino is the combined size of three GKL operations."
Meanwhile, Paradise is now open after a casino closure from 24 to 6 a.m. on April 20.
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