Atlantic City’s largest casino union reached an agreement with Hard Rock Casino on Saturday, ending the last threat of a strike during the busy holiday weekend.
Branch 54 of the Unite Here union said it had reached a tentative agreement and avoided a strike that had been threatened for 12:01 am on Sunday.
The union on Thursday reached tentative agreements with the Borgata, which is owned by MGM Resorts International, and three Caesars Entertainment casinos: Caesars, Harrah’s and Tropicana.
Resorts and the Golden Nugget are two casinos that don’t yet have a deal, but the union expects both to agree to a deal in the coming days.
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Bally’s and Ocean Casino Resort have signed “me-too” agreements in which they agree to adopt the union’s terms of contract with the larger casinos.
The agreements have yet to be ratified by all union members.
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“We are extremely pleased to have again reached a successful agreement with Unite Here Local 54 to increase pay and benefits for our deserving team members,” said Jim Allen, Chairman of Hard Rock International. “We look forward to continuing to build on this excellent relationship, both nationally and locally, as we expand our iconic brand.”
The union had announced that it would aim for “significant” salary increases new contracts to support workers Keeping up with soaring prices for gas, groceries, rent and other expenses.
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The terms of the contract were not released immediately.
|BALY||TWIN RIVER WORLDWIDE HOLDINGS INC.||20.22||+0.44||+2.22%|
|MGM||MGM RESORTS INTERNATIONAL||30.00||+1.05||+3.63%|
|CZR||CAESARS ENTERTAINMENT INC.||38.53||+0.23||+0.60%|
The deals not only avoid a costly and disruptive strike on one of the busiest weekends of the year for casinos, but also ensure industrial peace in the crucial third summer of the coronavirus pandemic, which casinos are struggling to return to from the revenue and profit levels that they had before starting.
The deals averted the city’s first casino strike since 2016.
The Associated Press contributed to this report.