Majority Of US Casinos Remain Closed Amid State-wide Covid-19 Lockdown

Majority Of US Casinos Remain Closed Amid State-wide Covid-19 Lockdown

The majority of US casinos, including tribal and commercial casino establishments, remain closed amid the state-wide lockdown due to the ongoing Covid-19 pandemic.

Across the entire United States, there are an estimated 990 legal casino venues and only a small minority of such properties have reopened for business since the announced closure in March 2020. This means that the majority of casinos will not be re-opening until late May 2020, June 2020 or July 2020.

Casinos in the US are largely linked to other properties such as hotels, restaurants, bars and live entertainment establishments and are categorised in the hospitality sector. All of which have been shuttered for a period of one to two months.

Overall, the hospitality sector has been one of the worst hit in terms of economic and business impact caused by the Coronavirus crisis. This damaging impact has been primarily attributed to the state-wide closure of non-essential businesses along with travel restrictions and lockdown orders of US residents.

In light of the closures, there have been a series of federal relief measures introduced so that casinos and small business owners can continue to trade out of the other side of the pandemic when the industry enters the recovery and re-opening phase. Such measures include: the Coronavirus Aid, Relief, and Economic Security Act, the Paycheck Protection Loan Program, Economic Injury Disaster Loan Program, the Coronavirus Economic Stabilization Act Program, Mid-Sized Business Loan Program and Main Street Lending Program.

Some of the regions in which casinos have started re-opening, albeit under altered health and safety measures, include: Arkansas, Mississippi, Louisiana, Florida, Oklahoma, Washington and Oregon.

According to the latest Covid-19 figures out of the United States, there are currently 1.72 million infected individuals across all states with the death toll at 100,000 and 365,000 who have recovered from the virus.

It is estimated that out of all of the casino establishments that were shuttered as part of the lockdown preventative measures, around 800 properties still remain closed and are currently working on a phased re-opening plan, which will include reduced capacity, social distancing, face mask usage and extended cleaning regimes.

States and cities that have a high number of casino venues that remain shuttered include: Nevada, Las Vegas, San Francisco, Pennsylvania, Illinois, Minnesota and Dallas.

At present, it is unknown to many what the casino and hospitality industry will look like after the pandemic and whether or not establishments can make a partial or full recovery before the year is out. According to latest figures, unemployment in the USA has risen by around 2.4 million since some lockdown measures were eased and almost 40 million US citizens have become unemployed in a period of two to three months since the Covid-19 pandemic started.

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