Caesars reaches deal with Las Vegas union to avoid strike
Publishing timestamp: 2023-11-08 14:30:08
Summary
Caesars Entertainment has reached a deal with the Culinary Union to avoid a strike, while MGM Resorts and Wynn Resorts are still negotiating with the union. The strike is off the table for nearly 10,000 Caesars Entertainment union workers on the Las Vegas strip. The Culinary Union said it took 20 hours of negotiations to produce a tentative deal for a new five-year contract. The previous contract expired on June 1. The negotiations with MGM and Wynn are ongoing. Caesars stated that its union employees will receive meaningful wage increases. The details of the deal have not yet been released.
Sentiment: NEUTRAL
Keywords: personnel, labor economy, wynn resorts ltd, business, business news, caesars entertainment inc, mgm resorts international, entertainment,
Source: https://www.cnbc.com/2023/11/08/caesars-reaches-deal-with-las-vegas-union-to-avoid-strike.html