Previous Close | 16.50 |
Open | 16.50 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 35.00 |
Expire Date | 2025-01-17 |
Day's Range | 16.50 - 16.50 |
Contract Range | N/A |
Volume | |
Open Interest | 17 |
Caesars Entertainment (CZR) emphasizes property developments to drive growth. However, increased expenses are a concern.
The unions, which represent about 5,000 employees at Wynn Resorts properties, said 99% of its members voted in favor of the new agreement. Earlier this week, union members at Caesars and MGM voted to ratify their contracts. The newly ratified contracts, which would apply to workers at MGM, Caesars, and Wynn, would bring in increased wages for a total of 40,000 employees and an end to the threat of a labor stoppage against casino operators that could have crippled tourism in the city.
Unions representing hospitality staff in Las Vegas said on Wednesday that workers employed at Wynn Resorts have voted in favor to ratify a new five-year contract, days after similar moves by its competitors Caesars Entertainment and MGM Resorts International. The unions, which represent about 5,000 employees at Wynn Resorts properties, said 99% of its members voted in favor of the new agreement. Earlier this week, union members at Caesars and MGM voted to ratify their contracts.