4 Atlantic City casinos reach deal with union, avert strike

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4 Atlantic City casinos reach deal with union, avert strike
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BREAKING 4 Atlantic City casinos reach deal with union, avert strike

Hospitality workers at four Atlantic City casinos could strike this Friday with another one potentially striking over the holiday weekend. Hard Rock has a strike deadline of Sunday, July 3.

The union did not reveal the terms of the settlement, saying they need to be presented to the full union membership and ratified before taking effect. But it said it had been seeking"significant" raises to help employees keep pace with rising costs. Yet those same factors were the driving force behind the union seeking a much larger raise than it had in past years; the exact amount has not been made public. In past contracts, the union concentrated on preserving health care and pension benefits, but this time sought what it termed"significant" raises for workers to help them keep pace with spiraling prices for gasoline, food, rent and other living expenses.

The union went on strike on July 1, and the casino shut down on Oct. 10. It was sold months later to Hard Rock International, which gutted it and reopened it as the new Hard Rock Atlantic City in June 2018.Including internet gambling and sports betting revenue, the casinos and their online partners have won $1.8 billion over the first five months of this year. That's up more than 49% from the same period in 2019, before the coronavirus hit.

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