MGM Resorts International announced on Sunday that it will be halting the operations of all of its Las Vegas hotels and casinos as the coronavirus continues its spread in Nevada.

It means some of the most well-known hotels, casinos and mega resorts in the city that employ tens of thousands of workers, such as The Bellagio, the MGM Grand and Mandalay Bay, will close their doors.

The company said they will cease casino operations on Monday followed by the hotel operations on Tuesday.

The Mirage, Luxor, New York-New York, Excalibur and Park MG will also shut, MGM confirmed. 

Wynn Resorts also said in a statement on the same day that Wynn Las Vegas and Encore would close for two weeks.

The virtual shutdown of the multi-billion-dollar industry is a hammer blow for the city's tourism and entertainment sectors as hotel occupancy rates have already begun to nosedive. 

According to Wynn Resorts' official figures on its website, the company's operating revenues over three months up to last September were $1.65 billion.