Wynn Resorts CEO Matt Maddox discusses company’s Covid response with AGA’s Bill Miller

December 14, 2020
By

Wynn Resorts CEO Matt Maddox shared insights into his company’s Covid-19 response strategy in a one-on-one interview with American Gaming Association President and CEO Bill Miller.

As the head of Wynn Resorts, Maddox was credited with developing a transparent and successful Covid-19 response this spring. He said that the company’s presence in Macau informed their US strategy.

Macau casinos closed for two weeks beginning in early February, a period which preceded US casino shutdowns by more than a month.

“I lived in Macau and Hong Kong back in 2002 and went through SARS,” Maddox said. “So talking to my colleagues over there and people that had family members in Wuhan, the fear was much different this time, and the reaction was much different. We quickly realized, ‘I hope this doesn’t become in the US but’s probably going to.’”

Maddox responded to the emerging crisis by hiring Dr. Rebeca Katz, Director of the Center for Global Health Science and Security at Georgetown University Medical Center.

“Right when we closed, we started using our medical experts coupled with all of our team to develop a plan to reopen,” Maddox said. “And we had all the resources. By having everybody on board, it actually allowed us by April 19, which was really early, to put out a 27-page reopening plan and health and safety plan.”

When developing the plan, Maddox wanted to create a document for other people to use and give outside voices an opportunity to crowdsource better ideas, which Wynn would incorporate.

As Wynn was setting up its medical plan to ensure a safe reopening, Maddox committed to paying all company employees through the casino closures.

“We decided to keep all 15,000 people in North America on board, from housekeepers to the president fully paid with debts” Maddox said. “With the reason being it was so unknown then that I thought, telling people that there’s an invisible killer out there and we don’t what’s going to happen, and by the way you’re now furloughed? Too much at one time.”

Miller commended Maddox for developing a clear Covid-19 plan as well as the decision to keep paying employees, a decision that went against what most other operators were doing at the time.

“Everybody was figuring out what to do, everybody was doing something, but nobody was as public and as forward leaning as you were, so I say thank you on behalf of the entire industry,” Miller said.

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.