Nevada Resort Association warns of economic fallout from shuttered industry

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(The Center Square) – The Nevada Resort Association is warning that an extended shutdown of the state’s resorts and casinos would be devastating for the industry’s workers.

In a letter to Nevada’s Congressional delegation, the association estimates that 320,000 employees are “at risk” because of the economic downturn.

“Nevada could quickly see its unemployment rate increase above 30 percent,” the association said. “The ensuing strain on state and local governments and other service providers, which are disproportionately reliant on tourism-related tax revenues and will quickly deplete unemployment insurance funds and reserves, would be catastrophic.”

“Nevada is the crossroads where all the segments of the travel industry meet – making us the national epicenter of economic devastation cause by COVID-19,” the association said.