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Culinary Union Votes to Increase Strike Fund

Culinary Union Votes to Increase Strike Fund

 

Members of the Culinary Union Local 226 voted to increase dues for the union’s strike fund.

An overwhelming majority of members voted Monday to raise monthly dues by $25. This is the first time the union has voted to raise monthly dues since 2006.

The vote comes just as the union begins negotiations on new contracts with major casinos, including MGM Resorts International and Caesars Entertainment.

Members also approved a permanent $4 increase in dues in 2014 and again 2015 to support new union organizing. 

Union Members Vote on Strike Fund

Union Members Vote on Strike Fund

Culinary Union Local 226 members gathered Monday to vote on whether to increase the workers’ strike fund.

The proposed increase would raise member dues by $25. The current dues are $41.50. In the event of a strike, that money would go to members of culinary union.

Enande Martinez turned out to vote and said they do not anticipate a strike in the future; however, she voted in order to be prepared for the worst-case scenario.           

“At this time, we are not looking out that there is going to be one because the company is going to sign a beautiful contract that is going to be good for the company and good for the working people,” Martinez said.

This vote comes two weeks before contracts between major gaming companies and the union are set to expire. The negotiations impacted more than 40,000 employees at Strip and downtown casinos. 

The Cosmopolitan Continues Slow, Steady Climb Toward Profitability

The Cosmopolitan Continues Slow, Steady Climb Toward Profitability

 

The Cosmopolitan of Las Vegas is making progress toward the black with help from its dining and nightlife options.

Even before The Cosmopolitan of Las Vegas opened in December 2010, analysts were debating how long it would take for the most expensive casino ever built on the Strip to turn a profit.

Read more in the Las Vegas Review-Journal.

Casinos Brace for Impact of Internet Gambling

Casinos Brace for Impact of Internet Gambling

 

ATLANTIC CITY, N.J. (AP) -- Gambling is moving beyond the casinos, onto the Internet and into American homes.

Three states, Nevada, New Jersey and Delaware, have legalized online gambling so far, and others are expected to follow shortly. A Las Vegas firm, Ultimate Gaming, began taking online bets in Nevada on Tuesday.

Frank Fahrenkopf, head of the casinos' main trade association, says Internet gambling will mark the greatest expansion of legalized gambling in the United States.

States and gambling companies predict billions in new revenue from online gambling.

But concerns include layoffs at brick-and-mortar casinos if more gamblers stay at home and bet online, and a possible increase in compulsive gamblers once people can gamble at 3 a.m. from the kitchen table in their pajamas.

 

Las Vegas, Macau help MGM Resorts Beat First Quarter Expectations

Las Vegas, Macau help MGM Resorts Beat First Quarter Expectations

 

LAS VEGAS (AP) -- MGM Resorts International reports an unexpected profit in the first quarter, as the casino operator benefited from rooms and gambling tables on the Las Vegas Strip, and the strength of Macau.

Shares rose 5 percent in premarket trading.

MGM earned $6.5 million, or 1 cent per share, in the first three months of the year. That's compared to a loss of $217.3 million, or 44 cents per share. Analysts had expected a loss of 10 cents per share.

Revenue rose 3 percent to $2.4 billion, exceeding the average estimate of $2.34 billion.

MGM Resorts operates 15 casinos in Nevada, Mississippi and Michigan, including the Bellagio on the Las Vegas Strip. It also is the majority owner of MGM China Holdings Ltd., which owns the MGM Macau casino-resort.

  

Sake Ceremony Marks Official Opening of Nobu Hotel

Sake Ceremony Marks Official Opening of Nobu Hotel

 

A sake ceremony, poolside party and concert marked the official opening of the Nobu Hotel Restaurant and Lounge inside Caesars Palace Sunday night.

The boutique hotel features 181 rooms and 18 luxury suites all with a signature Japanese style. It is also home to the world-famous Nobu restaurant.

The event started with a traditional Japanese sake ceremony. Grammy-nominated artist Ed Sheeran performed poolside at the Garden of the Gods pool complex.

Nobu Hotel is a partnership between Chef Nobu Matsuhisa, Robert De Niro, Meir Teper, Trevor Horwell and Straun McKenzie, along with Caesars Entertainment. 

Travel Website Recognizes Green Efforts by MGM

Travel Website Recognizes Green Efforts by MGM

 

One of the largest travel websites has cited twelve of MGM Resorts International properties in Las Vegas for their environmental practices.

TripAdvisor has recognized green efforts by Circus Circus Las Vegas, Excalibur, Luxor, Mandalay Bay, Monte Carlo, Bellagio, MGM Grand, the Mirage and New York - New York.

The website gave its highest designation to Aria Resort & Casino and Vdara Hotel & Spa. It lauded MGM Resorts for its efforts to use sustainable practices.

The awards are part of the websites new GreenLeaders program, which allows people searching for a hotel to see the green efforts by more than 1,000 properties around the world.  

According to TripAdvisor, 79 percent of travelers place a high importance on destinations using eco-friendly practices.