Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars

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Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars
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The Las Vegas hotel workers union says it has reached a deal with MGM Resorts International, the largest employer on the Las Vegas Strip, on the heels of its breakthrough agreement with Caesars Entertainment

FILE - The exterior of the MGM Grand hotel-casino is pictured on Sept. 20, 2023, in Las Vegas. The CEO of MGM Resorts International says the company is close to reaching a tentative deal with the Las Vegas hotel workers union. The union is threatening to begin a strike 5 a.m. Friday, Nov. 10, 2023, if negotiations fail.

CEO Bill Hornbuckle said Wednesday in an earnings call at the same time negotiations were taking place in a casino ballroom that he was confident a"historic" agreement would come together before 5 a.m. Friday, when the“We know from listening to our employees that they are looking for a pay increase to combat inflation, among other concerns,” Hornbuckle said. “This deal, when announced, will do just that.

Caesars said in a statement that the agreement “recognizes the integral contributions our Team Members have made to the success we have seen in Las Vegas over the last few years” with meaningful wage increases and opportunities for growth tied to plans to bring more union jobs to the Strip. “I try to stand in solidarity with other workers,” he said. “Life can be hard out there, so I understand what they’re fighting for.”could still happen if the union doesn't win contracts before Friday for 20,000 workers at MGM Resorts and 5,000 workers at Wynn Resorts, which will return to the bargaining table Thursday with the union.

The inaugural Las Vegas Grand Prix course will feature sweeping views of many of the casinos still at risk of walkouts: Aria, Bellagio, Excalibur, Luxor, Mandalay Bay, MGM Grand, New York-New York, Park MGM and Wynn and Encore resorts.

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