Caesars furloughs 90% of staff over Covid-19 shutdown

Caesars Entertainment Corporation has announced that it has furloughed around 90% of its total workforce in response to the temporary shutdown of its casino properties due to the novel coronavirus (Covid-19) outbreak.

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Caesars Entertainment Corporation has announced that it has furloughed around 90% of its total workforce in response to the temporary shutdown of its casino properties due to the novel coronavirus (Covid-19) outbreak.

The operator said it expects the furloughs to impact employees at its US-owned properties as well as corporate staff. All individuals placed on furlough will remain as employees of the business throughout the period, Caesars said.

Caesars-owned properties across the US have been closed for a number of weeks due to individual state orders for all non-essential businesses to close, in an effort to slow the spread of the coronavirus.

All commercial casinos in the country are currently closed and it is not yet clear when they will be permitted to re-open, with the number of coronavirus cases and related deaths still on the increase. A number of states, including Nevada and Illinois, have extended initial closure periods until at least the end of April.

Read the full story on iGB North America.