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0 0.000561639988767288 0.000842459983150832 0.00168491996630166 0 -0.00379106992417855 0.00308901993821959 0.00308901993821959
Stock impact report

Hospitality workers, Las Vegas casinos in crunch time for labor talks [Reuters]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Reuters
casino operators after its members voted at the end of September to authorize a city-wide strike. The culinary workers union and bartenders union represent workers at properties around the city, including those operated by MGM Resorts International (MGM.N) , Caesars Entertainment (CZR.O) , and Wynn Resorts (WYNN.O) . 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 Las Vegas unions are among the most powerful in the United States, covering workers that wait tables, clean hotel rooms and prepare food. Their demands mirror similar activity in shipping, rail and auto industries where employees have sought better compensation due to the higher cost of living as unemployment stays low. "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- Show less Read more
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