Las Vegas may have a hard time recovering from the Covid-19 virus

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DS3

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The immediate effect of the coronavirus shutdown is a devastating blow, especially for a resort destination such as Las Vegas.

However the longer term view is also precarious (not just for LV but other vacation based economies such as the Disney Resorts, Hawaii etc). Many households are going to be left in a deep financial hole they have to climb out of and vacations will become a luxury many cannot afford for the foreseeable future.
 
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fundiver199

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However the longer term view is also precarious (not just for LV but other vacation based economies such as the Disney Resorts, Hawaii etc). Many households are going to be left in a deep financial hole they have to climb out of and vacations will become a luxury many cannot afford for the foreseeable future.

I agree. I dont think, there will be a quick V-shaped recovery for the businesses hit hardest by the global shutdown. There will be long lasting repurcussions due to the global recession and also lingering uncertainly. Who for instance wants to plan an oversees vacation, if you dont know, if international air traffic will suddenly get shut down again, because there is a new virus panic somewhere.
 
balo

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No foreigners want to visit Vegas this year so billions lost already. Vegas will remain a ghost town until 2021.
 
kucu2014

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In Hungary, more and more zigzags are used. I can only hope that this nightmare will end as soon as possible
 
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I agree. I dont think, there will be a quick V-shaped recovery for the businesses hit hardest by the global shutdown. There will be long lasting repurcussions due to the global recession and also lingering uncertainly. Who for instance wants to plan an oversees vacation, if you dont know, if international air traffic will suddenly get shut down again, because there is a new virus panic somewhere.


Exactly. There is obviously going to be a vast amount of funds injected into economies which can afford to do so, but a V-shaped recovery seems optimistic at this point. Those funds will absorbed in paying bills, keeping small businesses afloat, not in discretionary spending.
 
rj_montana

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The service and hospitality industry generally is hardest hit by the COVID-19 pandemic
 
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The service and hospitality industry generally is hardest hit by the COVID-19 pandemic

Certainly true in the initial phase, but now most European countries (and many others around the world) are on total lock down with all non-essential business closed. So now all manufacturing and processing industries (but for food and medical supplies, utilities) are also closed.

The global supply chain has been disrupted. One can only hope this short and sharp action will be just that - the virus will be contained and the suspension of trade and commerce will be relatively brief.

However, I foresee any recovery as staggered. There is simply no way to predict how demand will bounce back. Pick any industry - imagine the havoc reaped on the fashion industry alone (a 3/4 of a trillion dollar one). Sales of regular spring/summer merchandise have shuddered to a halt, which means the season will have to be discounted to clear stock. However, all fall/winter 2020/21 orders have already been placed. Do, manufacturers even plan for regular production? Do retailers on a global level cancel or decrease orders anticipating a poor fall season?

That scenario plays out for most industries and I would think it's impossible to predict when supply and demand will rebound enough for most workers to feel secure and gainfully (re)employed.
 
wagon596

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I'm afraid that this virus will cause a depression for the whole world that hasn't ever been seen. Including the "Great Depression" of 1929-1933. The job loss will be like a domino effect, that has barely started yet. Although the people in Vegas are a big beginning
God help us all.
 
gravac

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For me I would be very very happy if there could happen some earthquake and all that satanisam disappear from the face of earth. Maybe its sound terrific, but would be great imaging how much nasty things have happen there.
I don't care about casinos, they steal from people with decades and now its finally time to pay the bill. Look at those mansions build from gambling and people still believe that could hit the jackpot.
 
AllenKll

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I think Las Vegas will be fine. It's going to lose a little right now, but it will get it back quickly. It's hard to keep a degenerate gamble out of a casino, pandemic or no.

The place I think will be hit hardest will be the non-addictive tourist destinations.
Florida's beaches: Currently closed by order of the GOV.
NY: Sightseers are out... especially now that the city is shut down.
Historical Sights...
etc.


I think the national parks will get a big boost from people looking to get away from other people.
 
57noona

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I think it will shut down Vegas for a little while after a year or two Vegas will be back in full swing with people wanting to gamble. I think Vegas will be fine.
 
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Yeah a couple good points there. Going to be a long road for all tourist areas, especially if this thing comes in waves like some of the pandemics of the past. Online is probably going to be the only game for awhile unfortunately.
 
mdafka

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Definitely hard to predict how all this is gonna play out... time always tells!
As in poker, make smart decisions!
Be true to yourself & stay safe peeps!
Bless
 
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In a study, it is said Las Vegas will suffer greatly due to the coronavirus pandemic - perhaps, worse than any other US city. And this could also affect the local poker rooms. Will your town or city be hit as bad?

Experts Anticipate Rough Financial Times Ahead for Las Vegas: Impact on Poker Community?


Thank you for post. I agree Completely. Las Vegas depends deeply on tourism and the casino profits. The southeast Texas area (Houston) is suffering greatly. All malls are closed and many retail locations as well. Once the virus is at a manageable rate and people try to bounce back I hope it goes well. My roommate has been off for 7 days since his business owner was forced to close the doors. They have suggested these temporary closures will allow employees to collect temporary unemployment. The local unemployment offices are so overwhelmed that nobody is able to submit an application. I am unsure of what this means for the many Americans who live paycheck to paycheck. Hope it works out.


Good Luck To All:cool:
 
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valeski 28

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Hi there.I think not only Las Vegas ,many countries are suffering these days and will have many problems to recover their economies...
 
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I find Las Vegas will be hit pretty hard. I don't think there's a scenario where the wsop are not postponed. People will not travel as much this year so their hotel industry will suffer. On the other hand, maybe that will bring their room rates and resort fees down.
 
CGreen

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Most poker players like to wear glasses, therefore eyes are protected. Eyes are a main area for virus entry.
Wear a mask to protect others. Casinos must sanitize and clean properly. If you feel the need, wear gloves. For sure wash your hands regularly, as this was always sound practice!
Money and chips were always things that I would wash my hands after handling! I definitely would not be eating or touching my eyes without washing hands!
This virus is a manageable one. I have listened to all slants in the media.
Who has paid attention to the 2 California studies? AND, who has talked to boots on the ground doctors that have tried the 2 drug combo (hydroxychloroquine and azithromycin)? The combo, when used, had very impressive results for people,
I am not saying that another virus that is much worse, could not be introduced into the population, but IMHO, we can do something about Covid-19, besides hide away in a shell.
I am a very compassionate person...an empath, but am still researching everything on this subject. I do not feel that we need to be so hostile of someone with a different opinion, who is trying to act with compassion, but with a different and honest take on a subject.
I feel that Doug Polk appears ugly acting in this matter. There are conflicting facts and information out there regarding this virus and many other subjects, for that matter!
We should not fall prey to this! It is tearing families, friendships, communities, etc. apart!!
Step outside of the bubble and look at the bigger picture.
This is coming from a pharmacist (me). I have had many discussions with my MD friends and other health care professionals on this.


Keep yourself healthy, please! Follow good practices, eat healthy, boost your immune system, and do not let stress, fear and hostile NEGATIVITY wear you down!!

PS...in a sense, all of the grocery store workers, etc. (essential workers), are somewhat of a test group to look at. They are not superhuman, but went to work and were around others almost daily! How did they fare? Well, in my area all of the same grocery store, pharmacy workers, etc. are still around! How about in your area?
 
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MattRyder

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It all gets better, much better, really fast as soon as there is a proven vaccine. Add in a little ingenuity and creative out-of-the-box thinking and this quickly becomes workable till the vaccine arrives on the scene.

... or, give up. I choose the first option.​
Full-ring tables are doable with plexiglass dividers and/or heads-up displays in place of real cards and chips and/or latex gloves with real cards and chips, or some other creative and safe fix.

Side-by-side VLTs are doable with similar measures.

... or, give up.​
It's a brave new world out there. We need to forget the good "old" days and get with the times.

... or, give up.​
 
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Poker_Mike

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Most poker players like to wear glasses, therefore eyes are protected. Eyes are a main area for virus entry.
Wear a mask to protect others. Casinos must sanitize and clean properly. If you feel the need, wear gloves. For sure wash your hands regularly, as this was always sound practice!
Money and poker chips were always things that I would wash my hands after handling! I definitely would not be eating or touching my eyes without washing hands!
This virus is a manageable one. I have listened to all slants in the media.
Who has paid attention to the 2 California studies? AND, who has talked to boots on the ground doctors that have tried the 2 drug combo (hydroxychloroquine and azithromycin)? The combo, when used, had very impressive results for people,
I am not saying that another virus that is much worse, could not be introduced into the population, but IMHO, we can do something about Covid-19, besides hide away in a shell.
I am a very compassionate person...an empath, but am still researching everything on this subject. I do not feel that we need to be so hostile of someone with a different opinion, who is trying to act with compassion, but with a different and honest take on a subject.
I feel that Doug Polk appears ugly acting in this matter. There are conflicting facts and information out there regarding this virus and many other subjects, for that matter!
We should not fall prey to this! It is tearing families, friendships, communities, etc. apart!!
Step outside of the bubble and look at the bigger picture.
This is coming from a pharmacist (me). I have had many discussions with my MD friends and other health care professionals on this.


Keep yourself healthy, please! Follow good practices, eat healthy, boost your immune system, and do not let stress, fear and hostile NEGATIVITY wear you down!!

PS...in a sense, all of the grocery store workers, etc. (essential workers), are somewhat of a test group to look at. They are not superhuman, but went to work and were around others almost daily! How did they fare? Well, in my area all of the same grocery store, pharmacy workers, etc. are still around! How about in your area?


Just so you know - sunglasses do NOT protect the wearer from COVID19 infection. Not one study will show this.

And I question whether any casino will clean and sanitize the poker chair and area at the table or any slot machine as soon as the previous player gets up and before you sit down. I mean can they actually do that?

And also just to point out - as you know - pharmacy workers are separated from customers by some counter space. So that would be a difficult group to lump-in with "grocery store" workers - some of whom have closer contact with customers and some of whom only stock shelves, etc. for any research study.

Some of your other ideas are very interesting for future research!

Be well !
 
Tvorets

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The whole world expects an economic crisis
 
Poker Orifice

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Most poker players like to wear glasses, therefore eyes are protected. Eyes are a main area for virus entry.
Wear a mask to protect others. Casinos must sanitize and clean properly. If you feel the need, wear gloves. For sure wash your hands regularly, as this was always sound practice!
Money and poker chips were always things that I would wash my hands after handling!
PS...in a sense, all of the grocery store workers, etc. (essential workers), are somewhat of a test group to look at. They are not superhuman, but went to work and were around others almost daily! How did they fare? Well, in my area all of the same grocery store, pharmacy workers, etc. are still around! How about in your area?

But what about poker?
Poker players are handling cards every single hand. Would a new deck be needed for every single deal on every single table?
Players sit close enough that the aerosol effect would be a huge cause for concern. (would they place partitions between each player on the table? Or maybe they could have each of them sitting in a cubicle, playing on a tablet or laptop??

Yesterday I went to the local "Health Food Store". (I live in an area where the towns have ~ 7,000 people, and spread maybe 20-30mins. apart. We have not been hit hard at all. Actually, our main hospital is like a ghost town right now). The first thing I noticed when I walked in was that the woman who runs the place wasn't there (she's ALWAYS there & LOVES her job... super knowledgeable and extremely helpful). Her mother was there in her place... taking over her job. Her daughter was very sick for a few weeks. And because of this, she doesn't think she will be able to walk back into that store ever again! :(
this ^ is my only experience with COVID-19 in stores in my neighborhood. (as far as me knowing about people who have had the virus).
Our main grocery store... 85% of the original staff has quit. It is pretty much all new employees in there now. It is a concern because not only are they needing to learn how to follow safety measures but many of them are also very inexperienced at the job. (can't even pack bags properly at the till). The differences there between how that store (large chain store) is being run vs. how another locally owned one is running is incredible! I won't be surprised at all to hear of some of these new (& older) employees at this store contracting the virus.
Do you currently work in a pharmacy? If so, what changes have been made there in lieu of the coronavirus COVID-19?
Just so you know - sunglasses do NOT protect the wearer from COVID19 infection. Not one study will show this.

And I question whether any casino will clean and sanitize the poker chair and area at the table or any slot machine as soon as the previous player gets up and before you sit down. I mean can they actually do that?

And also just to point out - as you know - pharmacy workers are separated from customers by some counter space. So that would be a difficult group to lump-in with "grocery store" workers - some of whom have closer contact with customers and some of whom only stock shelves, etc. for any research study.


The pharmacies where I live have cut back on staff behind their counters so as to assist in physical distancing (& yet yesterday while I was there I notice that it is often the younger employees that are much less cautious & are not adhering to physical distancing guidelines :( ). Also, many of the employees there have quit or have taken a leave of absence. (I know most of them quite well & one is a former girlfriend.).

Grocery stores here have increased their staff and have also added in a security company and an additional cleaning/disinfecting company. So there are MORE people in the store vs. before COVID-19. lol.

Poker Mike.. how do they clean the cards & chips?

Maybe Sheldon Adelson should open a huge online poker site and then push for getting it legal to be playing vs. R.O.W. players? Who knows... maybe this COVID-19 pandemic might be just the thing to get him to jump the fence? :confused::confused::confused:
 
ACESOVEREZZZ

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Vegas

Like Vegas here in Colorado our casino towns are extremely hard hit by the virus. Not only the casino's and all their employees but also all the small business, hotels, gas stations, convenience stores, food & drink suppliers etc near our casino towns .


With all the travel bands and closed borders I assume it will be some time before people will return to Vegas or their home state casino's as with social distancing rules still in effect an knowing slot machines are a germ fest alone I don't think even when they all reopen that it would be business as usual. Just my thought.

Be safe all !
 
edenman1

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Here in Nova Scotia we have both casinos and VLTs in bars (video slot machines) but all have been shut down since March. I miss them both, as they were great fun when used responsibly. I bet the government will take a hit, but probably not to the extent Vegas will
 
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