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Mike Johnson August 27, 2020 3 min read
Wynn and LVS Feature in Forbes 2020 Best Employers List
A number of Las Vegas casino and gaming companies were included in the America’s Best Employers by State list by Forbes. The global media giant released the second edition of its annual rankings which feature 5 casino operators and 1 technology provider among the 25 places reserved for Nevada, August 25.
The Forbes survey is seeking to outline the organizations which employees like most, by collecting anonymous responses to questions regarding work environment safety, salary competitiveness and career progression opportunities. The 2020 edition of the best employers list was compiled in partnership with US market research company Statista, by surveying 80,000 employees in companies with staff of 500 and above. The employees’ opinions on their employers were researched from October 2019 to May 2020.
Nevada: 5 Casino Operators and 1 Technology Provider
The casino industry was represented in the Nevada rankings by Wynn Resorts placed 6th, The Cosmopolitan Las Vegas in 8th place, Sheldon Adelson’s Las Vegas Sands (LVS) positioned 14th, and Westgate Resorts and Boyd Gaming Corporation featuring on 22nd and 24th places, respectively. The supplier of gaming solutions and producer of slot machines, International Gaming Technology (IGT), came 16th.
Wynn Resorts outpaced its rival LVS, unlike in the Forbes 2020 Billionaires list where the highest ranking spot was engaged by Sheldon Adelson’s fortune of $26.8 billion, despite having some difficulties to overcome, especially with regards to its ex-CEO and founder, Steve Wynn, who had to step down from the position in February 2018 due to allegations of sexual harassment. Consequently, Steve Wynn was exonerated from the allegations but the public image of the company was somehow stained.
During the unprecedented coronavirus outbreak and the following health crisis, Wynn Resorts made its best to prove it cares for its employees, paying their full wages and benefits throughout the casino closure period, despite the cost of it, $250 million.
14th placed LVS issued an official statement, praising its designation in the prestigious ranking by Forbes, which reinforces the company’s reputation as a high-quality employer, dedicated to the people and the communities.
“We set the standard for delivering an exceptional guest experience, maintaining consistently solid financial operations and being a responsible corporate citizenship in our communities, making them better places to work and live.”Sheldon Adelson, Chairman and CEO, Las Vegas Sands
22nd on the list, Westgate Resorts, operates the Westgate Las Vegas Resort & Casino and the Westgate Flamingo Bay Resort, with other gaming properties across multiple regions in the country, while Boyd Gaming Corporation, placed on the 24th spot of the Nevada ranking owns and operates ten hotels and casinos across Las Vegas.
Mike made his mark on the industry at a young age as a consultant to companies that would grow to become regulators. Now he dedicates his weekdays to his new project a the lead editor of GamblingNews.com, aiming to educate the masses on the latest developments in the gambling circuit.
Industry August 27, 2020