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Wynn and Encore become first Las Vegas Strip casinos to operate at 100% capacity since Covid-19

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Plexiglass dividers between table game and slot machine seats that have been part of the gaming experience since limited capacity casinos reopened during the Covid-19 pandemic are collapsing in properties Wynn and Encore on the Las Vegas Strip.

Wynn Resorts’ two properties in Vegas can now operate their casinos at 100% capacity, the first casino operator to do so in Sin City, the company said Monday night.

Wynn Las Vegas obtained permission from the Nevada Gaming Control Board to change its occupation and physical distance requirements after proving that 88% of its employees had been vaccinated against Covid-19.

“Our employees and customers will continue to follow health and safety guidelines, including mask compliance, to ensure a safe and comfortable environment for all,” a spokesperson for Wynn Resorts said in a statement. .

In January, the convention center at Wynn’s Encore property was used as a vaccination site, which served the community. The company also provided vaccines to its employees and spent $ 250 million to make sure they were all paid during the government-mandated shutdown.

Nevada Governor Steve Sisolak has said he would like the entire state to reach 100% capacity by June. Last weekend, the state eased restrictions on all Las Vegas casino floors from 50% to 80% of capacity.

It is not known if other casinos on the Strip have been granted permission to operate at 100% capacity. MGM, Las Vegas Sands and Caesars did not respond to request for comment.

Michael Lawton of the Nevada Gaming Control Board would not say if other casinos were allowed to increase their capacity. Businesses can lobby the board to ease restrictions if they prove they have taken concrete steps to vaccinate their employees.

MORE UKTNMarch Madness and Stimulus checks helped Nevada generate over $ 1 billion in monthly gambling revenue

Wynn’s shift to 100% playability, without being overwhelming, is a welcome development on the Strip. The Covid-19 pandemic has dealt a heavy blow to casino operators. While there are positive signs of revenue growth, a full recovery is still years away, said Colin Mansfield, a Fitch Ratings analyst.

In March, the Strip’s tourist-dependent casinos reported revenues of just over $ 500 million, which is still down 9.1% from March 2019. (Revenue is up by 67% compared to the same period last year). 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 gamers and people who come to California behind the wheel, set records all-weather monthly income in March, including downtown. Las Vegas, Elko County and the Carson Valley area.


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