What is the Best Time to Get Las Vegas Opened?
The question on many people’s minds is when will Las Vegas reopen. There was a report that said it might be possible by mid-January but things are still looking up. With the casinos still closed and no major renovations or construction happening, it will take some time to get things back to normal. Here are some tips to keep you prepared.
-Cancellation of the contract is when the casinos will begin to operate again. The casinos typically give a sixty-day notice before they will reopen but after this period of time has passed, the Las Vegas Sands Corp. usually has to go through the court system to get the courts approve of their plan to operate the casinos under another name. This is necessary in order to continue the operation of the casinos under an existing business name. However, the courts usually do not side with the casinos when these legal issues are involved.
-New gaming devices must be installed to protect from insider viruses, malware and other computer bugs. When will Las Vegas reopen with these new gaming devices? Many officials in the gaming industry believe it will be sometime in the next twelve to eighteen months. Some officials believe the new devices will be installed prior to the end of the fiscal year.
-New casino software must be installed and operational before reopening. This includes a brand new system for identification, tracking and logging guest’s card usage. The most popular device is the Smart Chip which is used to track and record card usage at the casinos. However, once the social distancing is adjusted and all employees have been assigned to new casinos, then the chips must be replaced with a traditional card reader.
-The “closing date” for all of the Las Vegas casinos has not been set. However, the current “closing date” is for June 30th. Why is this important? The reason is that most of the major renovation and construction projects will be done during this period. If all goes well, it should be possible for the reopening of all of the Las Vegas casinos by July, including the new casinos.
-Why is the current crime rate in Las Vegas so high? The answer is simple. Most of the crimes committed in Las Vegas are from outside of the city, but they are often reported from state and federal authorities. To keep this in perspective, it was recently reported that the Federal Trade Commission is considering creating a centralized data hub to track complaints about businesses across the country. That means if you live in New York, then you can file a complaint with the FTC about any problems you have experienced at a business in Las Vegas.
-New gaming laws were recently passed in the state of Nevada. Unfortunately, not a lot of people know that because the Gaming Control Act was recently passed by the state legislature. The Gaming Law also covers all of the cities surrounding Las Vegas. It is a big step towards regulating the casinos once again. One aspect of the law that was really debated was the way casinos are evaluated for risk.
The problem is that the gaming board under the previous control board used a flawed formula to determine which locations would be profitable. The calculation was wrong and the casinos were not properly evaluated for their risks. Many of the problematic locations in las Vegas casinos are still there and the state is trying to get them back in shape before the new board comes in to take over. They have appointed a new control board, but this time it will be controlled by the cities themselves. One of the cities is even having a citizens’ committee to look into the issues and make suggestions on how to get the las Vegas casinos back to a profit.