Las Vegas Sand, a casino operator, has assured its workers that they will be paid through to October the 31st despite the business facing tough economic times in this age of COVID-19.
This past Wednesday, the CEO and Chairperson Sheldon Adelson said via a statement that the firm’s Asia division is shifting in the right direction while also acknowledging that their operations in Las Vegas may take time to recover.
In the letter, the CEO expressed his explicit belief that the industry will normalize at some point shortly. He added that COVID-19 has changed our lives; however, he stressed that their commitment to their staff would never change.
Like many other operators in Las Vegas, Sands had to suspend its operations Last March as COVID-19 ravaged the world. But, when it was clear that the shutdown would last, much longer than expected, the CEO announced that the firm would pay each one of the 10000 employees as if they were still at work.
While casinos in Vegas were allowed to resume operations on June the 4th, restrictions on non-gaming amenities and gaming capacity, together with the overall skittishness of the Americans towards taking flights, have reduced Vegas to a shadow of its glorious former self.
Despite such challenges, Adelson noted that the focus now is on the health, safety, and Livelihood of their staff. As a result, the firm is extending its commitment to maintaining benefits and pay through to October the 31st. The firm would do its best to keep the support for as long as possible.