Wynn Resorts to temporarily close Vegas properties

Las Vegas giant Wynn Resorts (WYNN) announced Sunday that it is temporarily closing its Wynn Las Vegas and Encore properties for two weeks beginning March 17 to prevent the spread of the coronavirus.

The company said it’s committed to pay all full-time Wynn and Encore employees during the closure in a statement provided to Yahoo Finance.

“The closure will be effective Tuesday, March 17 at 6 pm [PT] and is expected to be in effect for two weeks, after which time the Company will evaluate the situation,” a statement from the company said. “A limited number of employees and management will remain at the resort to secure and maintain the facility.”

Wynn Las Vegas and Encore resorts in Las Vegas, both owned and operated by Wynn Resorts. (AP Photo/John Locher, File)

On Sunday, the Centers for Disease Control and Prevention (CDC) announced it was intensifying its social distancing guidelines

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