Union: Strike Could Cost 4 Atlantic City Casinos $2.6 Million Per Day

United States News News

Union: Strike Could Cost 4 Atlantic City Casinos $2.6 Million Per Day
United States Latest News,United States Headlines
  • 📰 CBS Philly
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

A week before it could walk out on strike against numerous Atlantic City casinos, the resort's main casino workers union warned that a strike could cost four casinos a total of $2.6 million a day in losses.

ATLANTIC CITY, N.J. — A week before it could walk out on strike against numerous Atlantic City casinos, the resort’s main casino workers union warned that a strike could cost four casinos a total of $2.6 million a day in losses.

Bob McDevitt, the union’s president, had no immediate comment on the report Friday. Representatives of MGM Resorts International, which owns the Borgata, and Caesars Entertainment, which owns the other three casinos, did not immediately respond to messages seeking comment Friday. “The casino floors at all properties would remain functioning as normal because they are not part of Local 54,” she said. Casinos that are struck “would use non-union employees and management to keep the hotel and food and beverage sites operating at an acceptable level to attract customers. Revenue losses or gains would depend on how successful they are at doing this.

In 2021, Caesars’ New Jersey properties generated 33.2% of their net revenue and 42% of their gross operating profit in the third quarter, the union report said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBS Philly /  🏆 308. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New steakhouse opens at popular Atlantic City casinoNew steakhouse opens at popular Atlantic City casinoThe steakhouse concept occupies space on the casino floor
Read more »

Blaze rips through 5 Atlantic City Boardwalk shops, officials sayBlaze rips through 5 Atlantic City Boardwalk shops, officials sayThe fire broke out Friday morning on the beach block of St. James Avenue.
Read more »

Cost of office space for San Diego city workers varies widely based on litigation, study findsCost of office space for San Diego city workers varies widely based on litigation, study findsPotential settlement of Ash Street, Civic Center Plaza lawsuits will help define future real estate expenses, consultant says
Read more »

Harrisburg’s ‘merchant murders’: The killing spree that shook a once-calm city | Today in Pa. SpecialHarrisburg’s ‘merchant murders’: The killing spree that shook a once-calm city | Today in Pa. SpecialA special interview episode with PennLive reporter, John Luciew, as he breaks down his 'Merchant Murder' cold case investigation.
Read more »

Maldives' floating city will soon unveil its first magnificent houseMaldives' floating city will soon unveil its first magnificent houseThe Maldives faces an existential crisis with most of its land at risk of being submerged under sea soon. Floating cities may solve that.
Read more »

Lightfoot, City Council Spar As Law Changing Speed Camera Ticket Procedures BlockedLightfoot, City Council Spar As Law Changing Speed Camera Ticket Procedures BlockedA move to loosen rules on when a speed camera ticket can be issued hit a procedural roadblock in the Chicago City Council on Wednesday, with several members of the council sparring after a vote on the measure was delayed.
Read more »



Render Time: 2025-02-23 18:26:02