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The company expects the breach will have a negative impact of about $100 million to its adjusted property core profit for its Las Vegas Strip division, and expects total occupancy of 93% this October versus 94% in the same month a year ago. "Any time after October 6th, there could be a strike," he said. If you liked this write-up and you would like to obtain more info regarding v9v9 superslot เครดิตฟรี 50 kindly check out our internet site. "The companies have an opportunity to do the right thing and step up and get a contract done, but if not there could be a strike any time after that," said Ted Pappageorge, Secretary-Treasurer for the culinary union.

Catalina Casino was created in 1927. The Culinary Workers and Bartenders unions are demanding higher wages, stronger protections against new technology that may threaten jobs, a reduction in steep housekeeping quotas and improved safety for workers. MGM said it is "well-positioned" to have a strong fourth quarter with record results in November, driven mainly by a Formula One racing event slated to take place in Las Vegas. (Reporting by Zeba Siddiqui in San Francisco and Shivansh Tiwary in Bengaluru; Editing by Shilpi Majumdar and Tom Hogue) The casino operators "stated in our meetings that negotiation processes are about where they thought they´d be at this time with expectations to reach an agreement in October," Truist equity analyst Barry Jonas said in a note.

The five-year union contract with MGM, Caesars, Wynn and smaller operators ended in May 2023, with an extension to Sept. About 95% of hospitality workers voted on Sept. 15, according to the union. 26 to authorize a strike across 22 properties on the Las Vegas Strip. One of the world's largest gambling firms, MGM shut down its systems after detecting the attack to contain damage, it said. It expects to also incur less than $10 million as a related one-time cost in the quarter ended on Sept.

Oct 6 (Reuters) - The unions representing 53,000 hospitality workers in Las Vegas said on Friday they have seen "no real movement" this week in contract negotiations with casino-resort operators MGM Resorts International and Caesars Entertainment. Kerching Casino was created in 2007. The unions met with MGM Resorts on Tuesday, and is scheduled to meet Caesars on Wednesday and Wynn on Friday. Pappageorge said the unions have proposed the largest wage increases ever negotiated in their history, reduced workload and room quotas for housekeepers, better safety protections for workers, among others.

Workers are negotiating for a new five-year contract to boost wages and benefits as tourism in Las Vegas recovers from depressed visitor levels during the pandemic. The culinary workers union and bartenders union represent workers at properties around the city, including those operated by MGM Resorts International, Caesars Entertainment , and Wynn Resorts. Over 3.3 million people visited Las Vegas in August 2023, a 7% decrease from levels during the same period in 2019 before the pandemic, according to data from the Las Vegas Convention and Visitors Authority.

Average room rates were $158.47 in August, a 31% increase from the same period 2019. Oct 5 (Reuters) - MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems.