Noticias de ultima
  • 12.00 Pennsylvania Gaming Control Board Reports First $600 Million Revenue Month in May
  • 12.00 Outgoing Gaming Control Board Chair Praised as Resilient Leader and Industry Motivator
  • 12.00 SBC Summit 2025 introduces Latin America & Brazil Track
  • 12.00 United States: Governor Phil Murphy ready to allowing casinos in northern or central New Jersey
  • 12.00 Connecticut Follows Montana in Banning Sweepstakes Casinos
  • 12.00 Building the Future of iGaming: How Atlaslive Revolutionizes B2B Solutions
  • 12.00 BetConstruct Set to Present Its Complete Gaming Ecosystem at iGB L!VE 2025 in London
  • 12.00 CT Gaming Continues Growth with Latest Milestone in Peru
  • 12.00 Zitro Experience Peru: everything about the event that reaffirms its leadership in the region
  • 12.00 "iGB L!VE is critical in encouraging more collaboration, challenging tired thinking, and charting a path forward for the industry.” — Connor Williams
Casino

Hard Rock deal ends casino strike threat in Atlantic City

Tuesday 05 de July 2022 / 12:26

2 minutos de lectura

(Atlantic City).- The Hard Rock casino reached agreement with Atlantic City’s main casino workers’ union Saturday, removing the last threat of a strike during the busy holiday weekend and clearing the way for the gambling halls and their workers to concentrate on bouncing back from financial losses during the coronavirus pandemic.

Hard Rock deal ends casino strike threat in Atlantic City

Local 54 of the Unite Here union said it reached a tentative agreement with Hard Rock, avoiding a strike that had been threatened for 12:01 a.m. Sunday.


Combined with agreements reached Thursday with the Borgata, Caesars, Harrah's and the Tropicana, Hard Rock's deal leaves only two smaller casinos, Resorts and the Golden Nugget, without a contract. But the union said it expects both of them to agree to one in the coming days.


Bally’s and the Ocean Casino Resort have signed so-called me-too agreements committing themselves to adopting the terms of contracts the union reaches with the larger casinos.


The deals still need to be ratified by the full union membership.


“We are extremely pleased that we were once again able to reach a successful settlement with Unite Here Local 54 to increase wages and benefits for our deserving team members,” said Jim Allen, chairman of Hard Rock International. “We look forward to further expanding this excellent relationship at both the national and local levels as we expand our iconic brand.”


Joe Lupo, president of Hard Rock Atlantic City, said the deal allows the casino to concentrate on performing well during the peak tourist season.


“We look forward to a vibrant holiday weekend and a tremendous summer season,” he said.


Contract terms were not immediately made public.


The union represents 6,000 workers who clean hotel rooms and public areas, including the casino floor and restrooms, and staff food and beverage operations. The previous contract expired June 1.


The deals not only avoid what would have been a costly and disruptive strike during one of the busiest weekends of the year for the casinos, but it also provides labor peace in the crucial third summer of the coronavirus pandemic, as the casinos are struggling to return to the revenue and profit levels they enjoyed before it began.


In past contracts, the union concentrated on preserving health care and pension benefits, but this time sought “significant” pay raises for workers to help them keep pace with spiraling prices for gasoline, food, rent and other living expenses.


The deals avoided what would have been the city’s first casino strike since 2016, when the union rejected demands by billionaire Carl Icahn that the Trump Taj Mahal casino operate without health care and pension benefits that were terminated by a bankruptcy court.


The union went on strike on July 1 of that year, and the casino shut down on Oct. 10. It was sold months later to Hard Rock International, which gutted it and reopened it as the new Hard Rock Atlantic City in June 2018.


The finances underlying the current dispute are complex.


Including internet gambling and sports betting revenue, the casinos and their online partners have won $1.8 billion over the first five months of this year. That’s up more than 49% from the same period in 2019, before the coronavirus hit.


But the casinos claim those figures are misleading because third-party partners keep about 70% of internet and sports betting revenue, leaving little for the brick-and-mortar casinos.

Categoría:Casino

Tags: Sin tags

País: United States

Event

SBC Summit Americas 2025

13 de May 2025

Uplatform Aims to Redefine iGaming Success with Networking, Localization, and Customer Journey Mapping

(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, Uplatform emphasized the power of strategic networking, data-driven localization and CJM to help operators thrive in the competitive iGaming market. María, Head of Marketing, shares how understanding regional nuances and focusing on overlooked player touchpoints can elevate brands from mere presence to lasting trust. Dive into her insights on industry trends, innovation, and why creativity is a rare gem in expos.

Monday 16 Jun 2025 / 12:00

ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM

(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.

Friday 13 Jun 2025 / 12:00

Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm

(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.

Thursday 12 Jun 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST