Strike by workers at a casino near the Las Vegas Strip enters 2nd day
LAS VEGAS (AP) — A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract. The work stoppage launched Friday at Virgin Hotels Las Vegas is the first open-ended strike in 22 years for the Culinary Workers Union, the largest labor union in Nevada, with about 60,000 members. Union members were on the picket line again on Saturday. Workers at the casino also walked off the job for 48 hours earlier this year as negotiations escalated, hoping to pressure Virgin Hotels to agree to a new five-year deal with increased wages and better benefits. The strike comes a year after casinos up and down the Strip narrowly avoided tens of thousands of hospitality workers walking off the job on the weekend the city was set to host its first Formula One race on the famous boulevard. But agreements were reached just before the union’s deadline for a strike, giving workers a roughly 32% salary increase over the life of the contract, including a 10% bump in pay in the first year. After the breakthrough deals last November, the Culinary Union quickly reached similar agreements for the rest of its members at major hotel-casinos on the Strip, downtown and at off-Strip properties — with the exception of Virgin Hotels. The contracts on the Strip alone cover more than 40,000 workers. While the union pays striking workers $500 per week for picketing shifts for at least five days, union members at the picket line on Friday said that they were expecting financial pain while being out of work. Lee McNamara, a lead dining room cook, said he took a second job for about eight months to save money in anticipation of the strike. “A strike is hurtful to everybody, but it was a last resort for us,” McNamara said. “We didn’t have anything else we could do. The company wasn’t coming our way, and they weren’t seeing it our way and they haven’t really budged much.” Diana Monjaraz, who works in housekeeping, expects hard times until a new contract comes. “You have to suffer a little bit to win sometimes,” Monjaraz said. “You don’t get things handed to you right away.” Both the union and Virgin Hotels said negotiations stalled because of disagreements over pay. “Workers overwhelmingly have chosen a strong Culinary Union contract that guarantees their benefits as the way they want to be protected,” said Bethany Khan, a spokesperson for the union. “Hundreds of workers are on strike themselves to win these protections.” Virgin Hotels Las Vegas said it was committed to protecting the jobs of workers by ensuring the continued operation of the property. It also said the union “has bargained in bad faith – repeatedly refusing to engage in meaningful negotiations with Virgin Hotels Las Vegas.” Culinary Union members last went on strike in 2002 for 10 days at the Golden Gate hotel-casino in downtown Las Vegas. Copy article link Source link
Strike by workers at a casino near the Las Vegas Strip enters 2nd day
LAS VEGAS (AP) — A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract. The work stoppage launched Friday at Virgin Hotels Las Vegas is the first open-ended strike in 22 years for the Culinary Workers Union, the largest labor union in Nevada, with about 60,000 members. Union members were on the picket line again on Saturday. Workers at the casino also walked off the job for 48 hours earlier this year as negotiations escalated, hoping to pressure Virgin Hotels to agree to a new five-year deal with increased wages and better benefits. The strike comes a year after casinos up and down the Strip narrowly avoided tens of thousands of hospitality workers walking off the job on the weekend the city was set to host its first Formula One race on the famous boulevard. But agreements were reached just before the union’s deadline for a strike, giving workers a roughly 32% salary increase over the life of the contract, including a 10% bump in pay in the first year. After the breakthrough deals last November, the Culinary Union quickly reached similar agreements for the rest of its members at major hotel-casinos on the Strip, downtown and at off-Strip properties — with the exception of Virgin Hotels. The contracts on the Strip alone cover more than 40,000 workers. While the union pays striking workers $500 per week for picketing shifts for at least five days, union members at the picket line on Friday said that they were expecting financial pain while being out of work. Lee McNamara, a lead dining room cook, said he took a second job for about eight months to save money in anticipation of the strike. “A strike is hurtful to everybody, but it was a last resort for us,” McNamara said. “We didn’t have anything else we could do. The company wasn’t coming our way, and they weren’t seeing it our way and they haven’t really budged much.” Diana Monjaraz, who works in housekeeping, expects hard times until a new contract comes. “You have to suffer a little bit to win sometimes,” Monjaraz said. “You don’t get things handed to you right away.” Both the union and Virgin Hotels said negotiations stalled because of disagreements over pay. “Workers overwhelmingly have chosen a strong Culinary Union contract that guarantees their benefits as the way they want to be protected,” said Bethany Khan, a spokesperson for the union. “Hundreds of workers are on strike themselves to win these protections.” Virgin Hotels Las Vegas said it was committed to protecting the jobs of workers by ensuring the continued operation of the property. It also said the union “has bargained in bad faith – repeatedly refusing to engage in meaningful negotiations with Virgin Hotels Las Vegas.” Culinary Union members last went on strike in 2002 for 10 days at the Golden Gate hotel-casino in downtown Las Vegas. Source link
Strike by workers at a casino near the Las Vegas Strip enters 2nd day
LAS VEGAS (AP) — A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract. The work stoppage launched Friday at Virgin Hotels Las Vegas is the first open-ended strike in 22 years for the Culinary Workers Union, the largest labor union in Nevada, with about 60,000 members. Union members were on the picket line again on Saturday. Workers at the casino also walked off the job for 48 hours earlier this year as negotiations escalated, hoping to pressure Virgin Hotels to agree to a new five-year deal with increased wages and better benefits. The strike comes a year after casinos up and down the Strip narrowly avoided tens of thousands of hospitality workers walking off the job on the weekend the city was set to host its first Formula One race on the famous boulevard. But agreements were reached just before the union’s deadline for a strike, giving workers a roughly 32% salary increase over the life of the contract, including a 10% bump in pay in the first year. Members of the Culinary Workers Union picket in front of the Virgin Hotels Las Vegas, Friday, Nov. 15, 2024, in Las Vegas. (AP Photo/John Locher) · ASSOCIATED PRESS After the breakthrough deals last November, the Culinary Union quickly reached similar agreements for the rest of its members at major hotel-casinos on the Strip, downtown and at off-Strip properties — with the exception of Virgin Hotels. The contracts on the Strip alone cover more than 40,000 workers. While the union pays striking workers $500 per week for picketing shifts for at least five days, union members at the picket line on Friday said that they were expecting financial pain while being out of work. Lee McNamara, a lead dining room cook, said he took a second job for about eight months to save money in anticipation of the strike. “A strike is hurtful to everybody, but it was a last resort for us,” McNamara said. “We didn’t have anything else we could do. The company wasn’t coming our way, and they weren’t seeing it our way and they haven’t really budged much.” Diana Monjaraz, who works in housekeeping, expects hard times until a new contract comes. “You have to suffer a little bit to win sometimes,” Monjaraz said. “You don’t get things handed to you right away.” Both the union and Virgin Hotels said negotiations stalled because of disagreements over pay. “Workers overwhelmingly have chosen a strong Culinary Union contract that guarantees their benefits as the way they want to be protected,” said Bethany Khan, a spokesperson for the union. “Hundreds of workers are on strike themselves to win these protections.” Virgin Hotels Las Vegas said it was committed to protecting the jobs of workers by ensuring the continued operation of the property. It also said the union “has bargained in bad faith – repeatedly refusing to engage in meaningful negotiations with Virgin Hotels Las Vegas.” Culinary Union members last went on strike in 2002 for 10 days at the Golden Gate hotel-casino in downtown Las Vegas. Source link
SL Green Realty Seeks to Extend Loan on Proposed NY Casino Site |
Photo byMichael Discenza onUnsplash As New York braces itself for three new downstate casino licenses, SL Green is seeking a loan extension on a $743 million deal on a Broadway property that has been proposed as a potential new casino site. New York’s multi-billion dollar casino industry was boosted by news in 2022 that three new licenses would be issued for operations to set up in the downstate area. Since then, some of the country’s largest casino operators have bid for the licenses, with a decision expected by the end of 2025. The state’s online gambling industry could also be boosted in the future with many experts expecting online casino legislation to pass in the next few years. At present, New Yorkers who want to enjoy casino betting online must explore offshore casinos and the best Plinko gambling sites. Online gambling expert Kane Pepi explains that these sites often offer enticing bonuses that include free bets and deposit matching, helping players benefit from online alternatives to traditional, land-based casinos. New York misses out on the revenue generated by offshore casinos that operate in external jurisdictions, and this could be a motivating factor for legislative changes. The American Gaming Association showed that the state’s existing casinos generated $4.72 billion in gross gaming revenue and contributed $4.19 billion in tax and tribal revenue share in 2023. Almost 70,000 jobs are directly supported by these casinos, and local businesses and public transport networks all benefit from increased footfall. The three new casinos are estimated to bring in as much as $3 billion, including a $500 million license fee and $1 million application fee. They will be taxed a minimum of 25% of GGR on slot machines and 10% across other gaming revenue. Tax allocation generated by casinos in New York is divided between gaming administration, marketing, agent commissions, and education funds. Twelve potential locations have been discussed for the three downstate licenses, including a luxury development at Hudson Yards. Wynn Resorts is part of a team that proposed the development of the existing rail yard, but there has been opposition from locals concerned at the impact it will have on the existing community and High Line. Hudson’s Bay Co. has been in discussions about a Fifth Avenue casino development that would take over the top three floors of their Saks Fifth Avenue store. Vornado Realty Trust had considered a bid for a casino license for the old Hotel Pennsylvania location. However, they decided to move forward with plans for an event space instead. A 7-acre plot in Midtown East was considered by the Soloviev Group. It planned residential buildings, a hotel, green space, and a below-ground casino near the UN headquarters. However, the plans were opposed by the Manhattan Community Board 6 who voted against it. The purchase of the Empire City Casino and Yonkers Raceway in 2019 by MGM Resorts pre-dated the license announcement, but the $865 million investment could be wise. An expansion of operations to include live table games to complement its existing slot and electronic games could have a good chance of success. Bally’s took over a former Trump golf location at Ferry Point and is proposing a 17-acre casino site, while the redevelopment of Citi Field by Steve Cohen (owner of the New York Mets) could include a casino proposal. Las Vegas Sands has proposed converting the Nassau Coliseum parking lots into a casino as part of a larger redevelopment project covering 70 acres. The plans include housing, offices, and an entertainment venue alongside the casino. Resorts World New York City at Queens’ Aqueduct Race Track has already spent a lot of money campaigning to expand operations beyond their slots and video games, with figures exceeding $2.7 million. Another potential venue is Coney Island with backers believing that a casino on its famous boardwalk could help take the location to the next level. SL Green Realty Corp. is working alongside Caesars Entertainment and Jay-Z to bring a casino to Times Square at 1515 Broadway in a deal worth $4 billion. However, the bid is facing early trouble with reports that the real estate group’s $743 million loan entered special servicing with the potential for default. Despite this, reports also show that SL Green is up to date on mortgage payments and the fully leased property generates significant revenue. Bidders must ensure that locations are suitable for casino operations and should also consider the implications to existing infrastructure. While there will be a positive economic impact on the surrounding area, proposals will also have to think about how local residents will be affected, and whether an increase in traffic and footfall can be sustained 2025 is set to be an exciting time for New York’s casino industry, with many eager to learn who will win the three licenses. The potential for online casino gambling is also something that will be debated. Source link
How New Hampshire casino owner, former senator secured $2M in pandemic relief loans — CDC Gaming
Saturday, November 16, 2024 12:03 PM Image aggregated from Concord Monitor. Sruthi Gopalakrishnan, Concord Monitor Email, LinkedIn, and more On April 14, 2020, six weeks after the first case of COVID-19 was detected in New Hampshire, Andy Sanborn secured his first $95,000 federal pandemic loan. The money was awarded to the Draft sports bar in downtown Concord, which abruptly closed in March with all the other restaurants by the governor’s executive order. With multiple businesses and limited liability companies, that was just the beginning of the assistance Sanborn applied for and received. Within the next two weeks, the Sanborn’s Concord Casino, which had been open for less than two years, received an additional $29,300. The former state senator continued applying for and receiving state and federal relief loans. Source link
Reeves is reopening Casino UK, where the workers cover the losses
In her first Mansion House speech as chancellor, Rachel Reeves announced plans to deregulate the UK’s financial market (“Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’”, Thursday 14 November). She argued that rules brought in following the 2008 banking crash have had the “unintended consequences” of holding back “growth”. The casino economy of the early Noughties came to an abrupt end in 2008 with a banking crash which brought down major banks like Northern Rock, The Royal Bank of Scotland, Lloyds TSB and the Bradford & Bingley. The crash was caused by banks recklessly borrowing to fund their gambling on the financial markets. When the bubble burst in 2008, it was the worst financial crisis since the Wall Street Crash of 1929. The neo-liberals, who insisted society was best organised on free-market principles in which the strong thrive and the weak go to the wall, turned to the state for help. The bankers were bailed out by the state to the tune of £137bn. Thatcherites who had chanted the mantra “there is no alternative” to free-market capitalism for decades openly embraced the alternative of state intervention to the anarchy of the market. The working class picked up the bankers’ tab with 16 years of austerity and public-sector cuts. Now Reeves wants to give the bankers another chance for a tiny minority to risk crashing the economy in the pursuit of obscene profits. Rachel Reeves is reopening Casino UK and, as the chief croupier, is inviting bankers to place their bets. Never mind if they lose their shirts, Reeves will see that the working class will cover their losses… again. Sasha Simic West Bank, London Leaving the EU was lunacy – looking elsewhere won’t help To misquote the Bard, “To rejoin [the EU] or not to rejoin [the EU], that is the question.” For me, and many others, there is an increasingly urgent need to become a (welcomed) part of the EU. The folly of leaving the union has surely been proven beyond doubt (“Step up Brexit reset or European allies will lose patience, Starmer warned”, Friday 15 November). The lies, fabrication and obfuscation of the Brexiteers have been exposed, resulting in Britain languishing in the depths of an economic and social slough. Why are we whispering these thoughts when we should be shouting them from the rooftops? It was sheer lunacy to leave our biggest trading partner when there was no replacement present and the theory of our future trading success was built on lies. There is no possibility of America, India or China trade agreements, and I’m afraid that Australian, Icelandic and other trading deals will not fill our trading gap. As our new government is reluctant to broach the subject of full membership with the EU, perhaps the electorate can persuade it to be bold and petition for inclusion. This failed idea of leaving the largest trading hub in the world is now obvious, and increasingly causing economic strife in Britain. We must urge our government to start the process of rejoining the EU without delay. Keith Poole Basingstoke, Hampshire Reeves wooed businesses, then pulled the rug out from beneath I read John Rentoul’s column (“We need more than your ‘Crisis? What crisis?’ response to dire growth figures, Chancellor”, Friday 15 November) with interest and agreement. The chancellor’s Budget was a seismic shock and though it may have given her and her team immense pleasure, its foreseeable effects should have resonated, and indeed warned of its predictable consequences. It is understandable that she wanted to hit the economic ground running, but not running out of control. Businesses do indeed feel they have been pilloried, and naturally their fiscal pain will land on hard-working people’s shoulders as it trickles down. Of course, now growth has flatlined and she shouldn’t be surprised, as she has taken the rug from under their feet – and it was a strange thing to do when she and the prime minister have been wooing businesses for years as to their fiscal credibility. Andrew Bailey was correct to comment about the downsides of Brexit but how this can all be reconciled with the new American administration is really unfathomable. Less gung-ho measures from the government would be a proactive start, because the more ameliorative measures in the Budget just got buried. Judith Daniels Great Yarmouth, Norfolk Fix indefinite sentencing injustice now As the system currently stands, most prisoners can expect to be released early, subject to parole board approval. With very few exceptions, even those who have committed extremely serious crimes will be released having served the sentence imposed on them at trial. So, how can the government claim that someone on an IPP [imprisonment for public protection] sentence (“‘Don’t be on wrong side of history’: Indefinite jail terms compared to Post Office and Infected Blood scandals”, Friday 15 November) does not deserve similar consideration, especially when many are guilty of only minor offences? If it is wrong now to use IPP sentencing, it was wrong when used, and this injustice should be immediately rectified. Or is the government worried it will be accused of being soft on crime? Geoff Forward Stirling, Scotland Source link
Celebrity chef partnerships drive casino resorts’ dining successes — CDC Gaming
Cristine Struble, FoodSided Email, LinkedIn, and more From Gordon Ramsay to Guy Fieri, the popularity of a celebrity chef draws many diners to the restaurant table. At casino resorts, celebrity chef partnerships have turned into big business. Whether it is the vibrancy of the Las Vegas Strip or the picturesque venue of Foxwoods Resort Casino, it is more than the promise of winning big at the black jack table that makes people book a getaway. Often the dining options satisfy that craving for a scrumptious meal that always wins with big flavor. Although it might sound cliché, the buffet was a long staple of casino culture. For a reasonable price, guests could satisfy any indulgence and eat till the point of almost over consumption. Source link
Jon ‘Bones’ Jones Enjoys Lavish Meal at Circa Resort & Casino Before Fight
Share ✓ Link copied to clipboard! Entertainment gossip and news from Newsweek’s network of contributors Downtown Las Vegas’ newest property, Circa Resort & Casino, has been known to attract different celebrities — and UFC powerhouses are no exception. Heavyweight champion Jon “Bones” Jones was recently spotted hanging out at Circa ahead of his showdown against Stipe Miocic at New York City’s Madison Square Garden this weekend. Jones spent his downtime at the Apex watching UFC Fight Night: Magny vs. Prates. The champ remained in high spirits and took selfies with his fans. Following Magny vs. Prates showdown, UFC fans who waited around witnessed Jones stepping into the octagon. He seemingly wanted to get a feel for the mat the week before his big match, so the heavyweight slipped off his shoes and entered the ring. Jon “Bones” Jones visits “Sway in the Morning” hosted by SiriusXM’s Sway Calloway on Eminem’s Shade 45 at SiriusXM Studios on August 7, 2017 in New York City. The heavyweight champion stopped by a steakhouse… Jon “Bones” Jones visits “Sway in the Morning” hosted by SiriusXM’s Sway Calloway on Eminem’s Shade 45 at SiriusXM Studios on August 7, 2017 in New York City. The heavyweight champion stopped by a steakhouse and enjoyed a lavish meal ahead of a major fight. More Roy Rochlin/Getty Images Once he left the Apex, Jones headed to Circa and ate at the renowned steakhouse Barry’s Downtown Prime. The fighter fueled up on protein with a surf and turf dish featuring a 2 lb. lobster tail, documenting the meal on his Instagram for his nearly 9 million followers. After his three-course dinner, the powerhouse athlete took an A-List tour around the restaurant, where he met with the owners of the steakhouse — namesake Chef Barry S. Dakake and Yassine Lyoubi — and thanked the kitchen staff for his lavish meal. If Jones wins his UFC 309 match, there could potentially be a celebration at Barry’s Downtown Prime with his whole team and his coveted championship belt. Jon “Bones” Jones in the kitchen at Barry’s Downtown Prime steakhouse with Barry S. Dakake and Yassine Lyoubi. Jon “Bones” Jones in the kitchen at Barry’s Downtown Prime steakhouse with Barry S. Dakake and Yassine Lyoubi. Circa Las Vegas/Circa Las Vegas Next up for Jones — who was a guest of Circa casino executive and friend Richard Wilk — was a tour around the property, including the 60th floor Legacy Club, home of the rooftop cocktail lounge with panoramic city views. While touring the casino floor, Jones also met with Circa’s Vice President of Operations and UFC fan Rahmi Chaghouri. Fans followed wherever the champion went; luckily for Jones, that’s one of his favorite parts of the job. He was thrilled to hear many people wish him well ahead of his UFC 309 face-off this weekend. Source link
Quapaw Nation Fall Gathering today; 1824 Treaty on display at Downstream Casino – Newstalk KZRG
The Quapaw Nation’s Fall Gathering continues at Downstream Casino today, Saturday, Nov. 16th. This year’s Fall Gathering coincides with the 200th anniversary of the Treaty of 1824 signed between the Quapaw and United States which removed our ancestors from their homeland. The treaty will be on display at the Downstream lobby from 1 p.m. – 5 p.m. A speech on the treaty will be delivered at 2 p.m. Barry Linduff, Executive Director of Communications for the Quapaw Nation, says it’s not something you’ll see everyday. “This is a rare opportunity for people to lay eyes on a document that often doesn’t see the light of day,” Linduff says. “It’s important for everyone to see it, witness it and understand it.” “The document is particularly relevant because the Quapaw Nation ceded 3.5 million acres of land in Arkansas,” he adds. “That eventually led to the tribe’s removal and subsequent move to northeast Oklahoma where they live today.” Downstream is located at 69300 E. Nee Road in Quapaw. The casino is easily accessible from I-44. The Fall Gathering also will feature arts & crafts vendors and other activities. Source link
Vernon Downs Casino Hotel supports American Cancer Society with $10,000 donation | Highway
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