MGM has announced a tentative agreement with the union representing nearly half of its 50,000 casino-hotel workers.
The deal between MGM Resorts International and the Culinary Workers Union Local 226 was announced by the union in a tweet late Saturday. MGM now joins Caesars Entertainment in reaching an accord with the union that had threatened a job action that could have caused a significant business disruption on Las Vegas Strip. Caesars had announced a tentative agreement with the union on Friday.
The MGM deal results in a 5-year contract covering about 24,000 workers at 10 Strip casino/resorts.
The average worker on the Las Vegas Strip makes about $23 an hour, including benefits such as premium-free health care, a pension and a 401(k) retirement savings plan, according to media reports.
The last citywide strike was in 1984.