Melonie Johnson, President, Borgata Hotel Casino & Spa Pete Brascia, SVP Marketing & Operations, Mid-Atlantic Group Jorge Perez, President, MGM National Harbor Mid-Atlantic – MGM National Harbor and Borgata Hotel Casino & Spa: MGM Grand Las Vegas and New York-New York: MGM Resorts International tells 13 Investigates, as of Friday, a number of high level executives have been shuffled around a variety of Las Vegas properties. 'Certainly it's reflective of the economy, we are not getting visitors, and locals, which Stations tend to cater to, are staying home,' explained Budin. The Culinary Union, Local 226, released a statement regarding the situation Friday: Unaffected full-time employees will continue to be paid, with benefits, through the end of May.

Station Casinos tells 13 Investigates the impacted employees would be paid until May 16, and healthcare coverage is provided until the end of September. 'I would guess they did an internal analysis of which properties generates what type of cash flow, which properties have the most overhead, and then they made those decisions accordingly,' explained Budin.

'It comes as no surprise, certainly how quickly and how substantially business will rebound is anybody's guess,' said 13 Action News Financial Analyst Steve Budin.īudin says when business dries up, the financial belt-tightening gets even tighter. On Friday, Station Casinos, which operates 18 properties around Las Vegas and Henderson announced the company would layoff an unspecified number of employees until business resumes. UPDATE: The economic downturn due to COVID-19 is forcing a number of business changes among Las Vegas gaming companies.

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