Five casinos in Arkansas will close next month as part a plan to cut gambling risks.
The Las Vegas and Paradise resorts will close in March, while the three casinos in western Arkansas will shut in April.
The closures will leave more than 2,000 people without a casino license and will impact a small business owner who is in the process of acquiring a new casino, according to an official with the state’s gaming commission.
Las Vegas, a city of about 2.6 million people, has been among the hottest places to gamble in the US, drawing millions of tourists every year.
The Paradise Resort, which opened in 2010, had the largest gambling revenue in Las Vegas, according the Wynn Resorts Group, the nation’s largest casino operator.
Paradise has the second-largest casino in the country, after Atlantic City.
In a statement, Wynn said it is taking steps to mitigate risks from its casinos, including limiting access to credit cards and requiring all customers to maintain a $250,000 bond to be able to open a casino.
“Wynn expects to be profitable and expand into new markets,” the statement said.
The Wynn casino will continue operating, but the Wynns plans to shutter its two other Las Vegas properties, including the Mandalay Bay Resort and Casino and the Sands Hotel & Casino in Las Cruces, New Mexico.
In the past few years, casinos in Las Peñasquitos, Mexico, and in the U.S. city of Las Vegas have been forced to close by an economic downturn.
In April, MGM Resorts International announced it was closing two of its casinos in Nevada after a year-long investigation.
In September, MGM announced that it was shutting down its five casinos in the United States.
MGM, which has owned five casinos around the world, has more than $1.5 trillion in assets.