CZR

Unions representing Las Vegas Strip workers struck a tentative deal with Caesars Entertainment, one of three casino companies working to avert a strike that could start on Friday if more agreements aren’t reached.The Culinary and Bartenders unions said Wednesday that after 20 consecutive hours of negotiations, Caesars tentatively agreed to a new five-year contract covering about 10,000 workers at nine Las Vegas properties.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

PrizePicks says it offers fantasy-sports games, not gambling. Rivals argue the company is sidestepping regulations to gain more users. PrizePicks says it offers fantasy-sports games, not gambling. Rivals argue the company is sidestepping regulations to gain more users. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Casinos are making it costlier to play and harder to win. Blackjack players lost nearly $1 billion on the Strip last year, according to data from the Nevada Gaming Control Board. Casinos are making it costlier to play and harder to win. Blackjack players lost nearly $1 billion on the Strip last year, according to data from the Nevada Gaming Control Board. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each…

Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office.  Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing millions of square feet of lab and life-science space.  New York office owner SL Green Realty Corp is teaming up with…

Buffalo Bills players huddle and pray after teammate Damar Hamlin collapsed on the field after making a tackle against the Cincinnati Bengals. Photo: Dylan Buell/Getty Images…

With the rise of sports betting, one playing field has become a dividing line in the U.S. gambling industry: college campuses. Caesars Entertainment Inc. CZR 0.35% has signed marketing deals with the Louisiana State University and Michigan State University athletics programs, giving the Las Vegas-based sports-betting operator access to advertise in college stadiums and other sports facilities and in digital and broadcast sports content, among other rights, according to…

Sports-betting companies are revisiting their game plans.Gambling operators have been pouring hundreds of millions of dollars into the pursuit of new customers as more states have adopted online sports betting. Now, those companies are under pressure to rein in spending because they have said they plan to turn a profit sometime next year. The college football and National Football League seasons—a prime time to advertise and entice more people to gamble—will be a balancing act on the path to profitability for companies…

Vegas is still booming.Despite inflation at a four-decade high, and jitters over a looming recession, people are flocking to the entertainment and gambling oasis. Executives with Caesars CZR 0.45% Entertainment Inc. and MGM Resorts MGM 3.89% International this week reported record-high performances for their Las Vegas properties in the latest quarter. Older consumers are returning to the Strip, shaking off pandemic…

About 6,000 casino workers in Atlantic City, N.J., on Thursday were poised to strike over the Fourth of July holiday weekend, as a local union and casino operators continued negotiating for new contracts.Unite Here Local 54 organizers are seeking pay raises, saying that wages have fallen behind in recent years, and workers deserve raises now that casinos have bounced back from the pandemic. Workers at five of the city’s nine casinos voted to authorize the union’s negotiating committee to call strikes beginning Friday…

Atlantic City casino workers are voting Wednesday on whether to authorize a strike for increased wages, two weeks before the Fourth of July holiday weekend.Unite Here Local 54’s contracts with Atlantic City’s major casino-hotels—including MGM Resorts International’s MGM 2.24% Borgata and Caesars Entertainment Inc.’s CZR 5.08% Harrah’s and Caesars properties—expired on May 31. Organizers say workers’ wages have fallen…