A number of venues along casino alley have reported the need to make staffing reductions as a result of COVID-19.
The casino operator is going to have to lay off employees, with some of its properties losing as much as 60% of their staff.
The casino giant completes its placement of senior notes and follows it up by relieving four executives of their duties.
MGM Resorts wants to reduce its workforce by 2,100 within a year, and is well on its way towards reaching its goal.
The casino giant said that 254 managerial positions would be eliminated, but it now appears as though it may have been trying to cover up the truth.
The casino company has decided that it has too many managers, which means that about 254 employees in managerial positions are about to lose their jobs.
Betfair is reportedly laying off hundreds of staffers as part of new CEO Breon Corcoran's plan to focus on regulated markets.
Everest Poker reportedly lays off an estimated 50 employees as a cost-cutting measure.
New York Off-Track Betting Corp. to layoff 1300 employees, shut down operations April 11th after bailout talks with Albany legislators fail