Many people are wondering how Las Vegas casino recovery will work after the pandemic. After all, the gaming industry in Nevada has faced numerous challenges over the past several years, including the Recession of 2008 and travel disruptions from the September 11th, 2001 terrorist attacks.

However, since last month nearly 1,000 commercial casinos and Indian gaming properties in 43 states have been shut down completely. This is new territory. Nevada Governor Steve Sisolak has ordered social distancing guidelines and closed the states casinos and nonessential businesses to try to slow the Coronavirus. That order ends April 30, but most analysts and gaming operators expect casinos to remain closed well into May.

Joel Simkins, head of gaming and leisure investment banking for SunTrust Robinson Humphrey in New York, said the Las Vegas Strip reopening “will be measured” and take on a “rational approach,” hinting that ancillary fees could be reduced or even eliminated. But it will take time for revenues and cash flows to return to meaningful levels. You can read about how the process of Vegas casino recovery may work at Yogo Net.