Las Vegas is getting ready to launch a 'Welcome Back' ad campaign to encourage visitors to come. But now guests will have to weigh not only the risks of coronavirus but also of civil unrest.
also added MGM Grand to its planned reopening list that already included Bellagio and New York New York.
is opening five casinos Monday in Missouri and Iowa, including Lumiere Place Casino & Hotels near the iconic St. Louis Arch. Over the weekend in and around that city, protests turned violent, with a man killed after being dragged by aCNBC reached out to a number of gaming operators to ask for comment or corporate statements. Most declined, except for Caesars, which said it is closely monitoring developments.
In Las Vegas, drive-in tourists accounted for roughly half of all visitation. With worries over the safety of air travel in the midst of the coronavirus pandemic and the widespread cancellation of conferences and conventions, casinos predict drive-to visitors will make up the bulk of their revenue in the near term.
Katz said he anticipates that there will be some impact to traffic based on fear in many markets. However, he said the larger question is whether the demonstrating reaccelerates the number of Covid-19 cases, "which creates the potential for a larger lingering impact."
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