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TexasTowelie

(112,167 posts)
Wed May 30, 2018, 09:59 PM May 2018

Union: Strike would cost top Vegas casinos over $10M a day

LAS VEGAS (AP) — The two largest resort operators in Las Vegas would lose more than $10 million a day combined if housekeepers, cooks and others go on strike, a possibility starting Friday, the union representing thousands of casino workers said Wednesday.

The Culinary Union detailed how it thinks a one-month strike would impact MGM Resorts International and Caesars Entertainment, which operate more than half the properties that would be affected if 50,000 workers walk off the job. Workers last week voted to authorize a strike as disputes over workplace training, wages and other issues have kept the union and casino operators from agreeing on new contracts.

The union conceded that it is difficult to estimate how the strike at more than 30 casino-hotels would affect Las Vegas overall because the last citywide strike took place in 1984, when the city had 90,000 fewer hotel rooms and only about 12.8 million annual visitors. Last year, more than 42.2 million people visited.

But it says MGM and Caesars would see a 10 percent reduction in revenue because of the loss of group and independent travelers. A strike also could happen as fans head to Las Vegas for the Stanley Cup Final.

Read more: https://apnews.com/8ef1146d504e4d43a3c9979ba2af9785/Union:-Strike-would-cost-top-Vegas-casinos-over-$10M-a-day

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Union: Strike would cost top Vegas casinos over $10M a day (Original Post) TexasTowelie May 2018 OP
And that number might be on the light end. Wellstone ruled May 2018 #1
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