Las Vegas Hotel workers agree to Tentative deal to avoid strike

MGM Resorts International, the largest employer on the Las Vegas Strip, was close to reaching a tentative deal with the hotel workers union, the casino company’s CEO said as the clock ticked closer to a union deadline for a sweeping strike.

CEO Bill Hornbuckle said Wednesday in an earnings call at the same time negotiations were taking place in a casino ballroom that he was confident a “historic” agreement would come together before 5 a.m. Friday, when the Culinary Workers Union is threatening to strike if negotiations fail.

“We know from listening to our employees that they are looking for a pay increase to combat inflation, among other concerns,” Hornbuckle said. “This deal, when announced, will do just that.”

During a break in bargaining, the union’s chief contract negotiator said he welcomed Hornbuckle’s sentiments.