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Thousands of casino workers go on strike in Detroit - TL;DR CNBC

Thousands of casino workers go on strike in Detroit

Publishing timestamp: 2023-10-17 17:06:24


Summary

Thousands of casino workers in Detroit, represented by the Detroit Casino Council, have gone on strike to demand higher wages and better working conditions. The strike targets operations at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown. The management of the casinos intends to keep the properties open. The strike could put tax revenues and casino operator revenues at risk. Similar walkouts are also possible in Las Vegas.


Sentiment: MIXED

Tickers: CZRPENNMGMWYNN

Keywords: strikesmgm resorts internationalbusinessbusiness newspenn entertainment incwynn resorts ltddetroitcaesars entertainment incpersonnelgamblinglabor economy

Source: https://www.cnbc.com/2023/10/17/casino-workers-go-on-strike-in-detroit.html


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