OYO Las Vegas alleged to be dismissing table game staff following Hooters Casino's closure a month prior
In the vibrant city of Las Vegas, a shift is underway in the casino industry. High operating costs and lower visitor numbers are leading to increased layoffs and a trend towards electronic games.
The Fontainebleau and the Golden Gate Casino are among the properties that have already made the switch. In May, the Fontainebleau laid off dozens of dealers, while the Golden Gate Casino eliminated all of its dealer games last month.
This shift is not limited to a few properties. OYO, a company with a significant presence in Las Vegas, has announced its decision to remove all real-dealer table games by the end of October. This move, while not unexpected given the trend in Las Vegas, is likely a response to the increasing need for cost-cutting measures in the industry.
The city's oldest hotel, the Golden Gate Casino, and other properties are opting for electronic games due to their cost efficiency. The trend of replacing real-dealer table games with electronic versions is becoming more common, as properties seek to reduce their expenses in the face of rising costs.
Lower visitor numbers are also contributing to the situation. With fewer people visiting Las Vegas, casinos are struggling to maintain their profit margins, leading to the need for layoffs.
This challenging situation in the casino industry is a reflection of the broader economic climate in Las Vegas. As the city navigates these challenges, it remains to be seen how the casino industry will evolve in the coming months. However, one thing is certain: the shift towards electronic games is a trend that is here to stay.
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