Home » Markets » Casino giant reveals when Las Vegas Strip may light up after coronavirus
Casino giant reveals when Las Vegas Strip may light up after coronavirus
Las Vegas gambles on new slogan
Morning Business Outlook: Las Vegas rolls out its new promotional campaign, ‘What happens here, only happens here.’
The Las Vegas Strip may start coming back to life from the coronavirus shutdown as soon as August, according to the resort operator Las Vegas Sands.
Continue Reading Below
The gaming capital of America has been shuttered since March 18 because of the COVID-19 pandemic, the first closure since former President John F. Kennedy’s death in 1963.
The extended shutdown has battered companies within the S&P 500 Casino & Gaming subsector, which has seen its value plunge by 44 percent this year to $49.89 billion, according to Dow Jones Market Data. The index includes Las Vegas Sands, MGM Resorts and Wynn Resorts.