Top executives from the Las Vegas Strip’s two largest casino operators told the investment community ongoing contract talks with Culinary Workers Local 226 and Bartenders Local 165 will be resolved ahead of a busy end-of-the-year tourism market.
The unions represent the bulk of the companies’ nongaming workforce.
“I’d expect that we’ll have new agreements by the fall, and I’m not expecting a whole lot of drama,” Caesars Entertainment CEO Tom Reeg said Tuesday.
On Wednesday, MGM Resorts International CEO Bill Hornbuckle expressed a similar outlook. “The negotiating process is going well,” Hornbuckle said. “We have decades of history with them on doing this.”
