They were open until a few weeks ago. Now closed for rainy season like every year around this time. Guys bar has been mostly off since march. Eden full on past couple of months.
They did switch to day time party from 11 am - 2 am-ish, as night time party is (was) not allowed
Ps: 7 years and counting Koh Phangan resident here.
Like the rest of us. From march to June the whole island just stayed at home in volunteer self-quarantine. Because of that Corona never arrived here and life is sort of returned to normal. Of course, no new people arrives, because the borders to Thailand are still closed, so it starts to be pretty empty with people on this island and most people are struggling.
For many months all beaches was closed so they have not been able to get into the water.
I haven't spoken to any on Koh Phangan. On Koh Tao (an hour away with boat) they are broke and there's no work. I would guess the situation is the same for diving instructors on Koh Phangan.
I have the feeling that half of the foreigners are broke as they rely on tourism, the other half are doing fine as they're working remotely, how accurate is my assessment?