Las Vegas Casino Update: Venetian Extends Resort Closures, Treasure Island To Begin Taking Reservations

Friday 24th April 2020

The Las Vegas Strip continues to remain dark as casinos in the city keep their gaming and hotel resorts closed during the coronavirus pandemic.

As a result of the COVID-19 crisis, The Venetian Resort has suspended its operations through May 31, canceling all reservations during this time, saying that they would automatically be canceled and issued as a full refund. The closures affect The Venetian, The Palazzo, and Venezia towers.

The company is also not accepting any new reservations as it said it is continuing to "assess this ever-evolving situation."

According to The Venetian Resort, reservations made for June 1 and beyond will be honored. Guests looking to cancel their travel plans to the casinos must provide 24-hours' notice prior to arrival for stays through June 30.

Another Las Vegas resort that has modified its re-opening date is the Treasure Island hotel and casino. The company said that it will begin taking reservations on May 15, the day that Nevada Gov. Steve Sisolak has currently allowed gaming and hotel operations to re-open.

Treasure Island said it will work with all guest that are looking to change or cancel their reservations, offering full refunds to those that have reservations during the COVID-19 closures.

Caesar's Entertainment (CZR), which operates Caesar's Palace, Harrah's, Bally's, Flamingo, Rio, and Paris hotels and casinos, and MGM Resorts (MGM), which owns Mandalay Bay, MGM, Mirage, New York New York, Luxor, and Excalibur resorts, have not announced when they will re-open or begin taking new reservations.

Shares of Caesar's Entertainment stock were up 6.76% as of 1:01 p.m. EDT on Friday while share of MGM Resorts stock were down 1.20% at the same time.

Tens of thousands employed on the world-famous Las Vegas Strip of glitzy hotels and casinos lost their jobs when Nevada shuttered all non-essential businesses Photo: GETTY IMAGES NORTH AMERICA / Ethan Miller

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