billryan
billryan
Joined: Nov 2, 2009
  • Threads: 165
  • Posts: 8834
April 29th, 2020 at 8:01:05 PM permalink
The median house price in Vegas finally matched the 2007/2008 highs. With the seemingly inevitable rise in taxes, I think housing is about to take a big hit.

Hopefully, people will get serious when they get back to work and actually build up that three-month emergency fund they've been lectured about their whole adult lives.
AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
  • Threads: 87
  • Posts: 3222
April 29th, 2020 at 8:15:54 PM permalink
If the minimum time for a Phase is two weeks, and that's the absolute minimum, then casinos would not begin to reopen for a minimum of six weeks in Phase 3, and eight weeks in Phase 4.

Eight weeks puts us at pre Fourth of July.

Now consider:

The extra unemployment for gig workers and self employed which includes many casino jobs will no longer be available. (By the way you still can't sign up for this $600 per week.)

The extended unemployment insurance benefits for employees will no longer be available in eight more weeks.

Even regular unemployment insurance benefits for newly unemployed will be near exhaustion in eight more weeks.

Let's not ignore the "burn rate" of the casino companies. The companies themselves are losing millions a day.

You decide what's going to happen here.
rdw4potus
rdw4potus
Joined: Mar 11, 2010
  • Threads: 80
  • Posts: 7030
Thanks for this post from:
Minty
April 29th, 2020 at 8:35:25 PM permalink
I don't think that 600 payment is supposed to require any sign up. It's seamless and automatic here in MN. Get state unemployment this week? Cool, here 600 more.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
  • Threads: 87
  • Posts: 3222
April 29th, 2020 at 8:48:34 PM permalink
Quote: rdw4potus

I don't think that 600 payment is supposed to require any sign up. It's seamless and automatic here in MN. Get state unemployment this week? Cool, here 600 more.



The $600 unemployment payments to self employed and gig workers requires a sign up on the state unemployment insurance website. Sisolak says the earliest that these new claims can be accepted is May 15.

There is a separate $600 boost for those usually covered by unemployment insurance such as casino employees.
NewtoTown
NewtoTown
Joined: Aug 22, 2019
  • Threads: 9
  • Posts: 74
April 29th, 2020 at 8:53:04 PM permalink
I am a player (turned pro) who now depends on casino for $.
NewtoTown
NewtoTown
Joined: Aug 22, 2019
  • Threads: 9
  • Posts: 74
April 29th, 2020 at 8:53:54 PM permalink
"I thought you were speaking from a casino patron point of view"


You are correct.
NewtoTown
NewtoTown
Joined: Aug 22, 2019
  • Threads: 9
  • Posts: 74
April 29th, 2020 at 8:56:37 PM permalink
Quote: rdw4potus

Dude... Stop whining and do the same thing as service workers everywhere. Defer what you can, take state unemployment, get the extra federal money, and wait. Literally every casino in the USA is closed. So are dine-in restaurants, retail shops...



Awesome if I was an employee vs recently turned pro gambler.
NewtoTown
NewtoTown
Joined: Aug 22, 2019
  • Threads: 9
  • Posts: 74
April 29th, 2020 at 8:58:38 PM permalink
Quote: AlanMendelson

If the minimum time for a Phase is two weeks, and that's the absolute minimum, then casinos would not begin to reopen for a minimum of six weeks in Phase 3, and eight weeks in Phase 4.

Eight weeks puts us at pre Fourth of July.

Now consider:

The extra unemployment for gig workers and self employed which includes many casino jobs will no longer be available. (By the way you still can't sign up for this $600 per week.)

The extended unemployment insurance benefits for employees will no longer be available in eight more weeks.

Even regular unemployment insurance benefits for newly unemployed will be near exhaustion in eight more weeks.

Let's not ignore the "burn rate" of the casino companies. The companies themselves are losing millions a day.

You decide what's going to happen here.



That's what I'm talking about!
TDVegas
TDVegas
Joined: Oct 30, 2018
  • Threads: 0
  • Posts: 448
Thanks for this post from:
AlanMendelson
April 29th, 2020 at 9:04:08 PM permalink
Sisolak should have beefed up the unemployment office before he shut everything down. He knew or should have known there was going to be a staggering wave of unemployment sign ups.

Way too many canít get a hold of anyone to rectify or process their claim. The office imploded and the director resigned (fired) a couple days ago....basically admitting she was overwhelmed.

Clusterflunk.
ChumpChange
ChumpChange
Joined: Jun 15, 2018
  • Threads: 18
  • Posts: 829
April 30th, 2020 at 12:23:50 AM permalink
I keep thinking the Zombie Apocalypse will revive the dead letter office.

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