|Business has slowed since Tuesdays terrorist attacks in Las Vegas, and hotels and casinos are already discussing the possibility of layoffs along the strip. Despite the three major casinos on the strip denying that layoffs were imminent many workers will be approaching next week with trepidation.|
The financial state of the casino business in Las Vegas has been noticeably shaken by Tuesdays events, with several gaming companies including Park Place, Mandalay, Harrah’s Entertainment Inc. and Station Casinos Inc reporting second quarter results below expected figures.
Cancellations at hotels have caused a temporary strip down of personnel, with many employees encouraged to take time off, something many are doing. Park Place Entertainment Corp. are also delaying a $475 million expansion at Caesars Palace.
“Certainly, the hotels are talking to us about layoffs,” said D. Taylor, staff director of the Culinary Union, which represents 50,000 workers in Vegas. “I take it very seriously.”