Las Vegas Update (MGM Loses $1 Billion, 2nd Shut Down Recommended)

In today's Las Vegas update, there is a little good news to share about 5 movie theaters reopening around Las Vegas. Unfortunately, there is still a lot of concern over the virus situation. One study recommended that Nevada consider another stay at home order, and the Las Vegas Raiders have two players that have tested positive for the virus. MGM is trying a new marketing campaign called "Work From Vegas" in an attempt to generate more business to offset the $1 billion loss they suffered in the second quarter of this year. Vegas is still feeling a lot of negative affects with the virus, particularly when it comes to conventions and business conferences being canceled.

Study says Nevada should think about another stay-at-home order
https://www.ktnv.com/news/coronavirus/study-says-nevada-should-think-about-another-stay-at-home-order

Las Vegas moves to second-highest COVID-19 concentration among NFL cities
https://raiderswire.usatoday.com/2020/08/07/las-vegas-moves-to-second-highest-covid-19-concentration-among-nfl-cities/

MGM, desperate for cash, launches “Work From Vegas” program
https://therealdeal.com/2020/08/09/mgm-desperate-for-cash-launches-work-from-vegas-program/

SEMA cancels November show in Las Vegas
https://www.fox5vegas.com/coronavirus/sema-cancels-november-show-in-las-vegas/article_2e7dcd6e-d75e-11ea-a380-537ac3ccf107.html

Five Cinemark Las Vegas movie theaters reopening Friday
https://www.8newsnow.com/news/local-news/five-cinemark-las-vegas-movie-theaters-opening-next-week/

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