He estimated wage increases could cost Caesars $40 million to $60 million a year and double that for MGM based on their employee count. MGM has said that every 1% increase in wages would add about $10 million to labor costs, according to Truist analyst Barry Jonas. (Reporting by Doyinsola Oladipo in New York and […]
The duration of The Casino is 2640.0 seconds. Casino will formally change hands at the end of March next year. The deal massively dilutes shareholders and will bring to an end the 30-year reign of 74-year-old Naouri, who controls Casino through his listed holding company Rallye. The retailer, which is now France’s sixth-largest supermarket group, […]
They include Aspers Casino, Barracuda Casino, Maxims Casino Club, Napoleon’s Casino London and The Palm Beach Casino. There are a number of casinos in London. The Culinary Workers and Bartenders Unions seek a new five-year contract with improved wages and benefits as casino operators post record profits. In prior negotiations, a strike threat was enough […]
