Nugget Casino plans on laying off more than 150 employees as COVID-19 fallout continues
By Bob Garcia
The Nevada casino is trimming down as revenue still remains low
The Nugget Casino Resort plans on permanently laying off 154 employees, according to a letter sent to the Nevada Department of Employment, Training and Rehabilitation. The layoffs will affect less than 33% of the total workforce and are scheduled for November 15.
Health officials’ recommendations of staying home to prevent contacting COVID-19 has hurt the gaming and casino industry throughout 2020. Nevada governor Steve Sisolak approved an additional $300 per week extension on unemployment benefits for those making $100 or more a week as a stop-gap measure in August. Sisolak stated at that time that, while he was grateful for extra federal assistance, he believed that much more money would be necessary to help those in need face the economic crisis caused by the pandemic.
According to the US Bureau of Labor Statistics, Nevada’s unemployment rate went from 6.9 % in March 2020 to 30.1% in April due to the global shutdown. Nevada’s unemployment rate has improved since then and is currently at 13%.
The State of Nevada also fines businesses that do not comply with required COVID-19 safety measures put into place by the state. Several big box grocery and home improvement stores were fined for failing to adopt the safety measures in August.
Casinos are trying to fight their way through the COVID-19 pandemic, but the drop in gamblers to their businesses is taking a huge toll. All bets are off at this time as to when the pandemic will let things get back to normal in the gaming industry.