MGM Promises Support of Employees During Furlough, Vegas Casino Closures Extended
During this unprecedented time during the coronavirus pandemic, MGM Resorts International has announced its commitment to employees, most of whom are currently furloughed as casino properties remained closed.
*Now Celebrating 21 Years in Business |
MGM Resorts International (NYSE: MGM) today recognized the support of many of its resident entertainment partners who generously donated to the company’s Employee Emergency Grant Fund in support of those impacted economically by the coronavirus (COVID-19) pandemic.
David Copperfield, Jay Leno, Bill Maher, Kathleen Madigan, David Spade, Boyz II Men, Brad Garrett, Carrot Top, Terry Fator, Ray Romano, Jabbawockeez, Shin Lim, Thunder from Down Under, Hans Klok, Australian Bee Gees, Fantasy and Bill Blumenreich Presents each showed their support for the MGM Resorts family this week with a donation to the fund.
“During these difficult and uncertain days, weeks and months, we are working tirelessly to support the tens of thousands of employees who were furloughed or laid off due to the closures of our properties across the country,” said Bill Hornbuckle, MGM Resorts’ Acting CEO and President. “We are incredibly humbled by the support of our entertainment partners, who have come together to assist the people who, during normal times, are committed to creating incredible experiences for our guests from around the world.”
Hornbuckle added, "With donations from this extraordinary line-up of entertainers, commitments from MGM Resorts and its leadership team, our own employees, and a number of other generous contributions, we have already raised approximately $11 million to assist our employees during this time of unprecedented challenges and hardship.”
Jyoti Chopra, Senior Vice President, Chief Diversity & Sustainability Officer for MGM Resorts International, said, "Our focus during this crisis is people, first and foremost, followed by compassion and care. We are proud to join our entertainment community to lend humanitarian assistance to those in need. We are incredibly grateful for the generous donations by our entertainers, a vital part of our ecosystem at MGM Resorts, which will be used to provide emergency relief.”
More News:
- Covid 19: US Casino & Gambling Industry Fears Extinction
- With Bets Off During Coronavirus, Ohio’s Casino, Racino Revenue Down $112 million
- Vegas Casinos to Be Shut Down Until April 30
A new directive from Nevada’s Gov. Steve Sisolak calls for all of the state’s casinos to remain shuttered through April 30 (at least). Sisolak’s original 30-day mandate, issued on March 16, would have allowed the casinos to reopen on April 15, but the governor says the new directive is necessary to comply with the current guidance from federal officials. Some hotels had been accepting reservations for April 15 and beyond; those bookings will be canceled.
- How These 5 Casino Stocks Are Handling the Coronavirus
- Former Revel Atlantic City Casino Owner Glenn Straub Facing 15 Years in Prison, Case Delayed
- Aaron Goldstein, Gambling911.com