Coronavirus & Vegas, and now Real Estate - Page 8 - Las Vegas Lifestyle Forum - Las Vegas Entertainment and Living Information

Yes, plus resort fees, but still sick with high-end properties. I wonder what it will be like if it continues like this, how much it will go down...

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When a "high-end property" has closed its poker room, closed its table games, closed its buffet, closed its sportsbook, and closed all clubs and most of its restaurants, what in your view makes it a high-end resort property ?

I heard that today either the MGM or the Wynn has a 19% occupancy rate now ...

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03-15-2020 , 06:39 PM

#177

tgiggity

Pooh-Bah

Join Date: Oct 2016 Posts: 5,782

so my parents decided to make an impromptu gambling trip to vegas because of the virus. how do i explain to them that it's ****ing ******ed to go to vegas right now just because it's $200 cheaper. they lose thousands at table games yet discounted rooms/flights makes the difference... half the reason they went is just so they can say "herp derp corona doesn't scare us, just a flu, great opportunity to go to vegas"

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03-15-2020 , 06:53 PM

#178

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,817

Quote:

Originally Posted by MuckPls

I really hate this tbh, I have never used anything but the crappy wifi at hotels. I absolutely hate pools, I don't really go to the gym because yeah, Vegas, and still they charge me for it. Was ok during peak season, but feel no reason to pay it now. Not that I am actually going or anything...

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Considering the amount of play that you and Mr Whale put in, did you ever ask a host to waive your resort fees? I would hope they would at least consider it.

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03-15-2020 , 06:56 PM

#179

Stormtrooper97

old hand

Join Date: Sep 2015 Posts: 1,224

Quote:

Originally Posted by tgiggity

Show them this

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03-15-2020 , 06:59 PM

#180

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,643

Quote:

Originally Posted by tgiggity

Tell them MGM has closed its table games ... don't know about others.

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03-15-2020 , 07:20 PM

#181

SteveSax

Carpal \'Tunnel

Join Date: Jul 2017 Posts: 18,575

Wynn and Encore closing. Told you.

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03-15-2020 , 07:24 PM

#182

tgiggity

Pooh-Bah

Join Date: Oct 2016 Posts: 5,782

Quote:

Originally Posted by Stormtrooper97

Show them this

they only trust Fox, and Fox told them that only old people can get symptoms from corona....

Quote:

Originally Posted by Gzesh

Tell them MGM has closed its table games ... don't know about others.

they're already there and said everything is open and normal

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03-15-2020 , 08:33 PM

#183

Videopro

Making TV

Join Date: Oct 2002 Posts: 19,242

The Governor announced that all K-12 schools in the state will close through mid April.

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03-15-2020 , 08:41 PM

#184

magking1

old hand

Join Date: Jul 2006 Posts: 1,464

^^^^^^^^
Video game Armageddon is on its way.

Also buy stock in chitty chat rooms

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03-15-2020 , 08:46 PM

#185

pezbaby

adept

Join Date: Apr 2009 Posts: 942

Quote:

Originally Posted by tgiggity

they only trust Fox, and Fox told them that only old people can get symptoms from corona....

they're already there and said everything is open and normal

The problem is “only old people die” when everyone has access to hospitals, the proper medical equipment and staff. When people don’t take precautions to slow the spread of the virus, an overwhelming number of people need to go to the hospital at the same time. If you can’t get medical care, then the ICU hospitalization rate resembles the death rate. The United States has fewer hospital beds per person than China, italy and South Korea. It doesn’t look good for Americans when infections peak, hence why there is talk of flattening the curve. Being exposed isn’t the issue so much as when it happens.

The median age of hospitalization in China was 47 years old.
https://www.nejm.org/doi/full/10.1056/NEJMoa2002032

Last edited by pezbaby; 03-15-2020 at 09:09 PM.

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03-15-2020 , 09:15 PM

#186

pezbaby

adept

Join Date: Apr 2009 Posts: 942

Damn, MGM properties now

https://www.fox5vegas.com/coronaviru...reaking%20News

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03-15-2020 , 09:26 PM

#187

dfb89

old hand

Join Date: Sep 2011 Posts: 1,293

CET will follow.. sigghhh

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03-15-2020 , 09:28 PM

#188

RollWave

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 12,570

a little mixed messages in that article. one place article says until May 1. other place says starting March 17 for 2 weeks, which would be until April 1.

but its not in the letter, so unclear whether article author messed up the month, or miscounted the weeks. or if those two dates from from conflicting different sources?

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03-15-2020 , 09:30 PM

#189

Dominic

Tripod

Join Date: Jun 2004 Posts: 74,272

The Wynn and Encore and MGM have closed their doors. I'm sure other Strip casinos will be following suit...

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03-15-2020 , 09:57 PM

#190

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,774

Yes, all MGM properties and some if not all Caesars poker rooms.

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03-15-2020 , 10:15 PM

#191

guttterball

journeyman

Join Date: Aug 2014 Posts: 386

Predictions on last Vegas casino to shutter its doors? I'll go with El Cortez. Though a station casino seems more likely. Or authorities will put the hammer down and they'll all have to shut at once.

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03-15-2020 , 10:22 PM

#192

RollWave

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 12,570

Quote:

Originally Posted by RollWave

nevermind, i just can't read.

its mgm closed until may 1

Wynn is until April 1.

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03-15-2020 , 10:24 PM

#193

that_pope

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 33,230

Orleans, Red Rock, or The D.

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03-15-2020 , 10:54 PM

#194

702guy

Carpal \'Tunnel

Join Date: Mar 2013 Posts: 8,420

Even Vons was completely out of stuff like pasta, bottled water & toilet paper 2nite. They had 4 lanes open 2nite and 5 deep waiting in line. Normally if u go in there on a Sunday nite there might be one person in line max.

Vons is kinda pricey compared to Walmart so they are the last place I would expect to see sold out. Scary!

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03-15-2020 , 11:18 PM

#195

borg23

Carpal \'Tunnel

Join Date: Nov 2012 Posts: 15,044

Quote:

Originally Posted by George Rice

I was thinking the same thing. Marginal regs, as well as regs doing decent but who are finding the grind a drag, still have to pay the rent and other expenses. If the action dies down for a few months, they will have to get a job to get by and may never return to the grind. Medical and sick leave benefits will suddenly seem like more of a necessity and take its toll on their priorities, too, as well as realizing the tourists will return to full levels gradually over time making the games less lucrative for several months. Finding a job will not be easy, and many of the regs who are so inclined may return to the various parts of the world/country they originally emigrated/migrated from, or to another area where jobs are available.

I think MangoPort is right about there being a new normal, at least for several months.

I also think those areas with online poker will see somewhat of a boom, and those games will get better. Not from tourists, but from marginal regs who haven't been playing online.

I was just saying something similar to a friend. a lot of marginal 1/2 and 2/5 regs with little savings are probably toast

for many of them it's probably a good thing since they were a 2-3 month break even or losing streak from being done anyway.but this is a guaranteed break even streak for all of them.

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03-15-2020 , 11:39 PM

#196

Jon W

stranger

Join Date: Feb 2015 Posts: 5

Las Vegas is done for awhile. Cancel your plans. KUDOS to MGM and Wynn For shutting down and saving lives at great cost. Other Casinos will be following and perhaps the state will be mandating closure for those dumb asses at Boyd group and station casinos.

Players and dealers step away from the poker room and go home. Play online for awhile if you can. The spread of corona virus is just starting. your risking your life, your loved ones life when you walk in the front door of a casino or any gathering of people.

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03-16-2020 , 12:40 AM

#197

Dream Crusher

banned

Join Date: Mar 2016 Posts: 18,786

Quote:

Originally Posted by MuckPls

Meanwhile room rates are at an all time low, you can get Excalibur rooms for $8 (!!!!) and Bellagio / Aria are down to $40 per night.

Not an all time low.

Quote:

Originally Posted by Sportsfanx1

Yeah, I was looking at the possibility of a quick cheap trip (smartly or unsmartly), but the properties are all still charging their full resort fees (so the $15 rooms still had a $40 resort fee added on).

Yep, not an all time low.

Quote:

Originally Posted by Gzesh

Your $15 room is $55, nothing more or less.

Yep, not an all time low. Way too high given the demand.

Quote:

Originally Posted by tgiggity

Ask them to educate themselves prior to making this potentially life changing/ending trip. Give them material for them to read/watch. Should be good material in the coronavirus threads in the business subforum and NVG.

Quote:

Originally Posted by dfb89

CET will follow.. sigghhh

Sigghhh is the opposite of my reaction.

Quote:

Originally Posted by Jon W

Yep. Governor should shut it down. I could see why CZR would potentially want to stay open but it will be a big mistake IMO. They are pretty much in a no win spot.

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03-16-2020 , 01:47 AM

#198

that_pope

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 33,230

Wow, I find the fact that old nits at Orleans playing 5 handed the most surprising thing of this impact on Vegas.

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03-16-2020 , 02:02 AM

#199

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,817

Considering how unused to playing shorthanded they are, maybe you should take a trip up there.

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03-16-2020 , 02:05 AM

#200

Guy Incognito

old hand

Join Date: Jan 2005 Posts: 1,888

In today's episode of People In This Town Are ****ing Animals: I'm eating at a table (purposefully) a distance away from the bar. Drunk girl comes over, puts her face a foot from my food and says "WHAT'S THAT". Yeah.

For those keeping score, Palace Station poker room is empty, but the Oyster Bar line is as long as usual.

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