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| - | + | Newport Casino was created in 1880. 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. MGM said that every 1% increase in wages will equal approximately $10 million of additional wage costs, according to Jonas. He estimated that wage increase could translate to a $40 to $60 million annual financial effect on Caesars and double that amount for MGM.<br><br>"The companies have an opportunity to do the right thing and step up and get a contract done, but if not there could be a strike any time after that," said Ted Pappageorge, Secretary-Treasurer for the culinary union. If you have any type of concerns relating to where and ways to use [https://mclaughlin-mccormick.mdwrite.net/the-ultimate-guide-to-online-casino-games-what-south-africans-are-playing-1726113382 xg bet online casino], you can contact us at the web-page. "Any time after October 6th, there could be a strike," he said. 'I'm sure it's going to be down to the wire with plenty of drama,' she said. Pictured with Michael Gruber (L) CCO of The Venetian Resort where Kylie's residency will be located, and Derek McLane (R) who will design the extravaganza The singer provided a glimpse at what fans can anticipate at the Voltaire venue, mentioning her inspiration has been taken from the eras of Frank Sinatra and Elvis Presley during their Las Vegas performances.<br><br>It's my rite of passage having my Vegas residency. We're creating a pretty punchy show for a small venue,' she said. It's in a really intimate venue, it's capped at a thousand people. 'I'm so excited about it. 'It's based on a mix between a 1930s club and a 1970s kind of Frank Sinatra, Elvis venue where there were booths and lamps and cocktails. Later in the evening there will be me but prior to that it's meant to be part of a bigger experience,' she teased. 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.<br><br>The unions met with MGM Resorts on Tuesday, and is scheduled to meet Caesars on Wednesday and Wynn on Friday. Over 3.3 million people visited Las Vegas in August 2023, a 7% decrease from levels during the same period in 2019 before the pandemic, according to data from the Las Vegas Convention and Visitors Authority. Average room rates were $158.47 in August, a 31% increase from the same period 2019. Workers are negotiating for a new five-year contract to boost wages and benefits as tourism in Las Vegas recovers from depressed visitor levels during the pandemic.<br><br>The culinary workers union and bartenders union represent workers at properties around the city, including those operated by MGM Resorts International, Caesars Entertainment , and Wynn Resorts. 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.<br><br>About 95% of hospitality workers voted on Sept. The Las Vegas unions are among the most powerful in the United States, covering workers that wait tables, clean hotel rooms and prepare food. 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. | |
