The clock is ticking toward a possible strike by workers at four Atlantic City casinos on the Fourth of July weekend, one of that city's busiest weekends of the year.

Union negotiators and casino management are trying to reach new contracts that would avoid a costly and disruptive strike.

A casino worker in Atlantic City

A game of roulette underway at the Hard Rock casino in Atlantic City N.J. ( (AP Photo/Wayne Parry) / AP Newsroom)

Local 54 of the Unite Here union has set a 12:01 a.m. Friday deadline to reach a new agreement.

The properties in question are Borgata, Caesars, Harrah's and Tropicana. If no deal, it has authorized a strike against those properties.

MGM RESORTS OFFERS $607M FOR SWEDISH ONLINE GAMBLING COMPANY

And a fifth casino, the Hard Rock, faces a similar deadline early Sunday.

atlantic city casino workers

Union members picket outside the Tropicana casino in Atlantic City N.J. on June 1, 2022. The main casino workers union is threatening a strike against at least 5 casinos in July. ((AP Photo/Wayne Parry) / AP Newsroom)

The union was due to resume negotiations with MGM Resorts International, which owns the Borgata, Thursday morning.

ATLANTIC CITY 2021 CASINO EARNS SURPASS PRE-PANDEMIC LEVELS

Caesars Entertainment, which owns three casinos — Caesars, Harrah's and the Tropicana — negotiated for hours on Wednesday without reaching a new deal.

atlantic city casino workers

Members of Local 54 of the Unite Here casino workers union picket outside the Tropicana casino in Atlantic City, N.J. ((AP Photo/Wayne Parry) / AP Newsroom)

Even if the union does go on strike, the casinos and their hotels will remain open for business; staffing levels and the quality of service could vary greatly.

VACANT ATLANTIC CITY AIRPORT COULD BECOME CAR LOVERS' DREAM

The union has said it is seeking "significant" salary increases in new contracts to help workers keep pace with rapidly rising prices for gasoline, food, rent and other expenses.

Ticker Security Last Change Change % BALY TWIN RIVER WORLDWIDE HOLDINGS INC. 19.88 -0.43 -2.12%MGM MGM RESORTS INTERNATIONAL 28.60 -0.57 -1.95%CZR CAESARS ENTERTAINMENT INC. 38.48 -1.79 -4.44%

Individual workers say they deserve to be compensated after helping to keep the casinos open and running for most of the coronavirus pandemic.

The Associated Press contributed to this report.

Source Link:
https://www.foxbusiness.com/markets/friday-strike-deadline-looms-atlantic-city-casinos

Comments

comments

Advertisement