About 95% of hospitality workers voted on Sept. The five-year union contract with MGM, Caesars, Wynn and smaller operators ended in May 2023, with an extension to Sept. 26 to authorize a strike across 22 properties on the Las Vegas Strip. 15, according to the union. One can find coin slots at casinos like OLG, Casino Rama, Casino Niagara, Fallsview Casino, Great Blue Heron Casino, Casino Nova Scotia, Casino de Montreal, etc. He estimated that wage increase could translate to a $40 to $60 million annual financial effect on Caesars and double that amount for MGM.
MGM said that every 1% increase in wages will equal approximately $10 million of additional wage costs, according to Jonas. Their demands mirror similar activity in shipping, rail and auto industries where employees have sought better compensation due to the higher cost of living as unemployment stays low. The Las Vegas unions are among the most powerful in the United States, covering workers that wait tables, clean hotel rooms and prepare food.
Pappageorge said the unions have proposed the largest wage increases ever negotiated in their history, reduced workload and room quotas for housekeepers, better safety protections for workers, among others. The unions met with MGM Resorts on Tuesday, and is scheduled to meet Caesars on Wednesday and Wynn on Friday. The casino operators „stated in our meetings that negotiation processes are about where they thought they´d be at this time with expectations to reach an agreement in October,” Truist equity analyst Barry Jonas said in a note.
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