The Las Vegas Casino will never open again

Sunday 26th April 2020

"I loved everything open because we had the virus here year after year," he said at one point.

Goodman also criticized Cooper for showing Chinese researchers a graphic that showed how the coronavirus could spread to the public.

"It's not China. This is Las Vegas, Nevada," Goodman said in response to a shocked Cooper: "Wow, OK, that's really ignorant."

Goodman admits he has no right to open casinos or other businesses in the city. The call comes from Nevada Governor Steve Sisolak.

And Sisolok isn't rushing to get back to business as usual.

In an interview with Cooper after Goodman's remarks on Wednesday, Sislak said Nevada was clearly not ready to reopen and that he would not use Nevada as a "control group" in the rest of the country.

And casino employees have also ignored the idea of returning to work.

"Health and safety is our priority. Workers and guests must be safe," he added.

The company, which has casinos in Macau, was the first of the major gaming companies to report first-quarter results, saying late Wednesday that its global revenue fell more than 50% from a year earlier.

The numbers weren't as bad as they used to be. Thursday kicked off a rally in Las Vegas Sands and other casino stocks. Las Vegas Sands has risen about 10%.

Other major U.S. casino companies will discuss what will happen in Las Vegas in the next few weeks after reporting their latest earnings.

Calling a conference with analysts, Las Vegas Sands president and COO Robert Glenn Golstein said he was hopeful gamblers would return to Macau after the casino reopened. But he was no less enthusiastic about the prospect of a quick return to Las Vegas.

"I believe the recovery in Asia from the bottom of my heart is going to happen fast. I don't feel so comfortable in Vegas," Goldstein said.

Goldstein noted how badly people would be willing to fly to Las Vegas and whether customers would want to take a vacation anytime soon.

There is also the issue of whether Americans will comply with the strict social distance guidelines that will be required in the United States after the casino is finally reopened.

In Asia, many health and safety measures were already more common before the outbreak of Covid-19.

"It's different And and my idea would be a bit harder here," Goldstein said.

Source
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