The MGM Resorts International-operated Excalibur Hotel and Casino used to be the cream of the crop in Las Vegas. Now, the iconic property is struggling, and according to multiple sources, is having to lay off staff and cut the hours of housekeepers to stay afloat.
Vital Vegas reported on the rumors on Thursday this week. According to the Vegas-based news source, Excalibur is cutting valet, bell desk, and doorpersons. Las Vegas Locally followed this up with its own sources, claiming that people were indeed being laid off:
Many X users have provided their own insight into the issues facing Excalibur. One described Excalibur as “the most susceptible MGM property to an economic downturn.” Another argued that they had taken “a lot of the magic” out of the iconic property, while many complained about the prices of the rooms.
The Excalibur has so far not confirmed the layoffs.
In a similar incident in November, the Fonatinebleau Las Vegas reported mass layoffs and the closure of some restaurants as it also struggled to drum up profits. The casino-hotel had only been open for around a year.