After reaching a historic agreement with Caesars Entertainment, the Las Vegas hotel employees union is now setting their sights on securing contracts for the 20,000 hospitality employees at MGM Resorts International. Experts believe that this would almost certainly prevent a massive strike from taking place on the famous Las Vegas Strip.
During a call with investors, MGM Resorts CEO Bill Hornbuckle expressed optimism about reaching a deal with the union. He acknowledged the employees’ desire for a pay increase to keep up with inflation and other concerns and assured that the impending deal would address these issues.
The Culinary Workers Union, however, has issued a warning that they will go on strike if the negotiations fail. Despite this, the tentative agreement with Caesars has paved the way for the union to negotiate new contracts for its 35,000 members.
The breakthrough with Caesars followed 20 hours of intense negotiations and is now awaiting ratification by the union’s members. The deal covers several of Caesars’ renowned properties in Las Vegas, and details will be shared with the public once approved.
The looming threat of a strike has the potential to wreak havoc on Las Vegas’ economy. Should Wynn Resorts and MGM Resorts fail to reach agreements with the union by November 10, a city-wide strike could severely disrupt operations at many of the popular hotel-casinos.
The international spotlight on Las Vegas is particularly high due to the upcoming Formula 1 launch. The strike would not only affect tourism but also send a strong message to other labor unions across the country, especially after high-profile strikes in other industries.
For the employees, the fight is personal. They are demanding fair contracts that guarantee job security, better wages, and improved safety measures in light of technological advancements.
The negotiations, which began in April, have recently gained momentum, with large rallies and demonstrations. Despite the looming strike, employees are committed to fighting for a better future, not just for themselves, but for the next generation of hospitality workers in Las Vegas.