The Super Bowl in February is expected to rake in another $500 million for the city.
16, the first time the sport has returned to Las Vegas in four decades and is projected to bring in $1.2 billion. Hotel and gaming owners badly need a deal ahead of the Formula One race weekend starting Nov. deadline Friday for the companies to agree to their demands or face a strike of more than 40,000 workers across three dozen casinos and resorts.
A powerful Las Vegas hospitality union struck an agreement with casino owner Caesars Entertainment Inc., the first breakthrough in a months-long labor standoff that threatened to upend one of the nation’s largest tourist economies just before it hosts a major grand prix and the Super Bowl.Ĭulinary Workers Union Local 226 said Wednesday it had reached a tentative labor pact with Caesars, laying the foundation for similar agreements with two other companies, MGM Resorts International and Wynn Resorts Ltd.
