Tix Corp. Closes Ticket Booths, Lays Off Employees in Las Vegas

Tix Corp. has closed its Las Vegas ticket booths and laid off its employees there in light of the closures of casinos and attractions in the city due to the coronavirus outbreak. The Studio City discount ticket seller said on Tuesday that virtually all Las Vegas entertainment, restaurants, bars and major hotel properties – including Wynn Resorts and MGM Resorts International – have closed. “With the closure of entertainment on the Las Vegas Strip, and therefore the cessation of revenue for our business, we effected a layoff of the majority of our employees, closed our ticket booths and continue to significantly reduce our operating costs,” the company said in a statement. Tix will assist its employees to obtain any federal and state assistance that may be available to them. “We are grateful to our staff for their years and decades of dedication and superb talent they have given the company,” the company’s statement said. “We wish them well during this very difficult period.” Shares of Tix (TIX) closed down 9 cents, or about 37.5 percent, to 15 cents on the over-the-counter market.