Eldorado Resorts to furlough staff as no casino reopening in sight

Casino operator Eldorado Resorts has bowed to the inevitable and is planning to stop paying thousands of staff as the pandemic-related closures of its operations show no signs of lifting anytime soon.

On Thursday, CDC Gaming Reports revealed the contents of an Eldorado memo to its staff detailing plans to halt wages for employees at the company’s three casinos in Reno, Nevada, while health benefits will now be paid through June 30. The memo said the company expected the furlough to be “temporary (less than three months).”

Eldorado had previously committed to paying staff through Friday (10), despite the fact that the casinos have been shut since mid-March on the orders of state authorities. Similar memos have reportedly been issued to staff at all of Eldorado’s 23 casinos across 11 states.

Nevada’s governor recently extended his state’s closure order through the end of April and authorities in other states have suggested similar timelines for even considering reopening large public venues. Eldorado rival Boyd Gaming furloughed the majority of its staff earlier this week, one of many gaming operators forced to take this drastic step.