Unionized workers at Caesars Windsor, Ontario, have officially ratified a new collective agreement that promises significant improvements for nearly 1,500 employees. The three-year deal, which was approved by a substantial 83.3% of union members, was hailed as the most lucrative contract in the casino’s history. Unifor Local 444, which represents the workers, reached the deal just hours before a potential strike was set to take place. The contract is set to run until April 2028. New deal brings record benefits to workers: The negotiations, […]

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Employees at Caesars Windsor have strongly signaled their readiness to strike if a new contract agreement is not reached. Members of Unifor Local 444, which represents approximately 1,500 workers at the casino, voted overwhelmingly in favor of strike action, with 98% support. The current collective agreement is set to expire at midnight on April 3, and unless a deal is reached, a strike could begin as early as next week. James Stewart, president of Unifor Local 444, emphasized that securing […]

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The MGM Growth Properties real estate investment trust (REIT) spun off from American casino operator MGM Resorts International in 2015 has reportedly hinted that it may be interested in buying any venues put up for sale by Las Vegas Sands Corporation. According to a report from CDC Gaming Reports, the revelation came as part of a Tuesday conference call to discuss the Nevada firm’s third-quarter financial results in which it detailed that aggregated revenues had fallen by 14% year-on-year to […]

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After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Vegas and Mandalay Bay Resort and Casino Las Vegas venues. The Las Vegas-headquartered firm used an official Tuesday press release to detail that the arrangement in to involve Blackstone Real Estate Income Trust Incorporated and its own MGM Growth Properties real estate investment trust paying approximately […]

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American casino operator, MGM Resorts International, has announced that it has entered into an agreement that is set to see it spend approximately $275 million in order to acquire all of the operating assets associated with northern Ohio’s Hard Rock Rocksino Northfield Park. Arrangement with associated REIT: The Las Vegas-based firm used an official Wednesday press release to detail that it inked the deal for the Ohio venue with the MGM Growth Properties LLC real estate investment trust (REIT) it established […]

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The real estate investment trust (REIT) established in 2016 by American casino giant MGM Resorts International has announced the signing of a deal that will see it spend $1.06 billion in order to purchase the Hard Rock Rocksino Northfield Park. MGM Growth Properties LLC runs twelve venues on behalf of MGM Resorts International including The Mirage and Mandalay Bay in Las Vegas and revealed that the agreement with the current owner of the northern Ohio venue, Milstein Entertainment LLC, is expected to close […]

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