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Thousands of Las Vegas workers to picket MGM, Caesars casinos

Thousands of Las Vegas workers to picket MGM, Caesars casinos

Silicon Casino happened in 1994. The duration of The Casino is 2640.0 seconds. Thursday's announcement finalises a July agreement in principle which called for 1. Should you have virtually any questions regarding in which and how you can make use of delaware online casino, you'll be able to e mail us from our website. 2 billion euros ($1.26 billion) of new money to be injected into Casino, as well as a reduction of Casino's debt by 6.1 billion euros. Naouri said the binding agreement "creates a favourable framework" for the long-term sustainability of Casino's business, maintaining its workforce and head offices and continuing to develop its brands.

Tourism is the city's lifeblood and Las Vegas is gearing up for major events including a Formula 1 race expected to bring more than 100,000 tourists to the city in November. Some 95% of union members voted in September to authorize a citywide strike. A self-professed lover of France, Kretinsky is also in talks to become the biggest shareholder in French IT consulting firm Atos, developing a portfolio of assets in the country after a string of investments in Britain with soccer club West Ham, retailer Sainsbury's, and Royal Mail.

Oct 9 (Reuters) - Thousands of Las Vegas workers will picket MGM Resorts and Caesars Entertainment casinos on Thursday for the first time in nearly two decades, the unions said, as they contemplate a possible strike. He estimated wage increases could cost Caesars $40 million to $60 million a year and double that for MGM based on their employee count. (Reporting by Doyinsola Oladipo in New York and Shivansh Tiwary in Bengaluru; Editing by Maju Samuel and Cynthia Osterman) MGM has said that every 1% increase in wages would add about $10 million to labor costs, according to Truist analyst Barry Jonas.

The unions are demanding higher wages, stronger protections against new technology that may threaten jobs, lower housekeeping quotas and improved safety. Pappageorge said that negotiations were "very disappointing" and the companies did not make substantive wage proposals. The Culinary Workers and Bartenders Unions seek a new five-year contract with improved wages and benefits as casino operators post record profits. In prior negotiations, a strike threat was enough to spur a deal, but these talks have been slow, union representatives said on Monday.

Casino reiterated it had until Oct. 25 to obtain from a commercial court the start of an accelerated safeguard procedure under which it could approve the plan with the support of secured creditors and compel reluctant creditors to follow. The retailer, which is now France's sixth-largest supermarket group, said it planned to pursue discussions with the financial creditors not yet party to the lock-up agreement to get them to sign up to it too. Unions in the auto, rail, healthcare and other industries have kept companies off balance in recent months with labor actions.

The unions are among the most powerful in the United States, representing 53,000 hospitality workers in Las Vegas. "Casino has reached a major milestone in its financial restructuring process by obtaining the agreement of its main creditors on a financial restructuring plan," CEO and controlling shareholder Jean-Charles Naouri said in a statement. Footfall in Casino supermarkets was up 4% over the past four weeks, the company said.

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