As Nevada Casinos Reopen, Economic Damage Expected To Endure

  • Economists concerned a second wave of COVID-19 will cause double-dip recession
  • Nevada Resort Association calls casinos reopening ‘first step’ on state’s road to recovery 
  • U.S. government’s economic stimulus may have helped customer demand for gaming

As Nevada’s gaming industry continues its phased reopening, market-watchers remain cautiously optimistic about the industry’s ability to rebound from a shutdown that lasted almost three months.

“Only time will tell. My feeling is that we are ground zero for the COVID-19 recession,” said Stephen Miller, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas (UNLV).

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