Las Vegas Sands, Wynn Resorts to Pay Employees Until Coronavirus Pandemic Ends

Both Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) announced they plan to pay all of their employees, a combined total of more than 24,000 workers, for the duration of the coronavirus pandemic.

Las Vegas Sands CEO Sheldon Adelson said, "I hope to do that right up until the time that we can reopen our businesses. It's not only the right thing to do -- it's good business."

Wynn said it chose to take the action because it is part of its shared responsibility for the health and safety of its employees, their families, and the broader community.

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Source Fool.com