Caesars CEO Ready to Give Las Vegas Casino Staff Largest Raise in Four Decades
· 2023-11-01

Caesars CEO Ready to Give Las Vegas Casino Staff Largest Raise in Four Decades

Caesars CEO Tom Reeg says the company is ready to offer its Las Vegas casino employees an appetizing wage increase. [Image: Shutterstock.com]

The Culinary Workers Union – which represents thousands of hospitality workers in Las Vegas, including casino staff – is still busy negotiating a deal between its members and several casino giants. In good news for those members, Caesars Entertainment boss Tom Reeg has just suggested they could be in for a substantial raise.

Reeg made the comments during Caesars’ Q3 conference call, during which he discussed the ongoing contract negotiations. He said Caesars has “done quite well as a company post-merger, post-pandemic” and affirmed that its employees “should and will” participate in that success.

We are in dialogue constantly with the union”

Reeg went on to claim that Caesars staff can expect to see the largest wage increase in the four decades since the company started interacting with the Culinary Union. Despite not being able to confirm when that agreement would be reached, the chief executive said: “We are in dialogue constantly with the union,” adding that they had further meetings scheduled this week.

In September, 95% of Culinary Union members approved strike action in a bid to secure better wages, benefits, and working conditions. It comes at a difficult time for casino operators, including Caesars, MGM Resorts International, and Wynn Resorts, because the highly-anticipated Formula 1 Grand Prix is fast approaching.

On Tuesday, a supposed MGM worker claimed that their employer is even demanding its corporate staff replace striking casino workers during the race weekend starting November 18. The anonymous sources said that corporate workers were told they could lose their jobs if they refuse.

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