Since April, the union has been fighting for new five-year contracts for its members who work at 18 properties owned or operated by MGM Resorts, Caesars Entertainment and Wynn Resorts.
The casino company's CEO Bill Hornbuckle had said Wednesday in an earnings call at the same time negotiations were taking place in a casino ballroom that he was confident a 'historic' agreement would come together before that time. Experts said that move would have been catastrophic for the Las Vegas Strip. The union had threatened to begin a strike in the pre-dawn hours Friday at properties along the Strip if negotiations failed. MGM didn't immediately respond to a request for comment from The Associated Press. The union said on X, formerly known as Twitter, that the agreement followed nearly 20 hours of negotiating. The Culinary Workers Union announced the tentative 5-year agreement Thursday that it said covers about 25,000 workers at the Aria, Bellagio, Excalibur, Luxor, Mandalay Bay, MGM Grand, New York-New York and Park MGM. LAS VEGAS - The Las Vegas hotel workers union reached a deal with MGM Resorts International, the largest employer on the Las Vegas Strip, on the heels of its breakthrough agreement with Caesars Entertainment.