Las Vegas Sands Extends Employee Pay, Benefits Through October 31
BC.Game

 

Las Vegas Sands president Sheldon Adelson has sent a letter to the employees of the company, in which he states that he will maintain their pay and benefits at least until October 31.

The letter was intended to calm staff concerns about the future of jobs and recognised the challenges faced by employees during the Covid-19 crisis, including caring for elderly relatives, spouses who have lost their jobs and uncertainty about whether their children would be returning to school.

While many companies have laid off staff, Las Vegas Sands paid its staff of 10,000 at The Venetian Resort Las Vegas full salaries and benefits during the two-month lockdown that began on March 17. Resorts reopened in early June but the impact of the crisis saw company revenue fall 97% for the quarter ending June 30, to $98 million, down from $3.3 billion in the same quarter last year.

Sands owns the Venetian and Palazzo casinos and the Sands Expo & Convention Centre on the strip.

Previous articleXB Net pens exclusive long-term deal with NYRA to secure status as premier North American racing supplier
Next articleColombia Authorizes Pilot Programs to Reopen Casinos and Bingo Halls
George Miller has started working in the gaming industry as an Editor/Content Manager in 2016 and since then he has acquired many experiences when it comes to interviews and newsworthy subject covering. In 2017, he became Head of Content and he is responsible for the editorial team, press release and story covering on multiple websites that are part of Hipther Agency, including EuropeanGaming.eu.

LEAVE A REPLY

Please enter your comment!
Please enter your name here