Culinary Workers Union And Bartenders Union Says "No Real Movement" In Negotiations With MGM And Caesars
Portfolio Pulse from Benzinga Newsdesk
The Culinary Workers Union and Bartenders Union have reported no real progress in their negotiations with MGM Resorts International and Caesars Entertainment. The lack of progress could potentially lead to labor issues and strikes.
October 06, 2023 | 8:31 pm
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NEGATIVE IMPACT
Caesars Entertainment is facing potential labor issues due to stalled negotiations with the Culinary Workers Union and Bartenders Union.
Labor issues can disrupt operations and negatively impact the company's reputation, potentially leading to a decrease in Caesars' stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
MGM Resorts International is facing potential labor issues due to stalled negotiations with the Culinary Workers Union and Bartenders Union.
Labor issues can disrupt operations and negatively impact the company's reputation, potentially leading to a decrease in MGM's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50