Las Vegas casino strike: Where the chips may fall [CBS News]
MGM Resorts International (MGM)
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Source: CBS News
Las Vegas casino strike: Where the chips may fall LAS VEGAS - What happens in Las Vegas could have a ripple effect across the country if 50,000 casino-hotel workers employed at more than 30 of the city's world-famous resorts go on strike at any time starting next week. If members of the union that includes hotel and food workers don't show up to work, it could cost the destination millions and lead to travel woes for anyone taking a vacation or business trip to Sin City. It could also send casinos looking for temporary workers amid low unemployment rates. Analysts declined Wednesday to weigh in on the financial impact that a strike could have on casino operators. But the casinos and hotels aren't the only ones that would feel the squeeze. Local and state governments stand to lose millions from the impact on tourism. The last time casino-hotel workers went on strike across Las Vegas was in 1984. That job action lasted 67 days and cost workers and the city more than $1 million a day ea
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