Monthly Archives: June 2018

Caesars reaches labor deal with unions, other casinos face strike

MGM Resorts’ Las Vegas casinos are bracing for labor strife after the company failed to agree on a new contract with its unionized employees.

Labor agreements between 34 Las Vegas casinos and the 50k workers of the Culinary Workers Union Local 226 and Bartenders Union Local 165 expired at midnight Thursday. The union members had previously voted to hit the picket lines if new deals weren’t reached by Friday.

Early Friday morning, the Culinary Union announced that it had reached a tentative agreement with Caesars Entertainment, which operates nine of the strike-vulnerable casinos. Specifics of the new five-year agreement have yet to leak but the unions had been seeking annual wage hikes of 4% and greater workplace safety protections.

MGM, which operates 10 of the affected casinos, claims to be continuing to negotiate with the unions, but offered no timeline on when it expected any breakthroughs.

Philippines struggling with gaming-related illegal detentions

While Macau’s gaming-related illegal detentions are on the decline, Philippine police are having trouble reining in local kidnappers.

This week, Teresita Ang See of the Movement for Restoration of Peace and Order (MRPO), a local anti-crime watchdog group, told the Philippine Star that casino-related kidnappings – in which loan sharks detain unlucky gamblers until their friends or relatives can make good on their debts – were “getting to be a lucrative business.”

Ang See’s comments followed reports of a male Chinese national who managed to escape his kidnappers, to whom he owned a sizable gambling debt from play at a casino in Pampanga. The victim claimed that other Chinese nationals were being held for similar debts.

Glenn Dumlao, chief senior superintendent of the police Anti-Kidnapping Group, told the Star that two of the nine Chinese kidnappers had been arrested. The Chinese embassy reportedly released a photo of a “badly beaten victim” to remind Chinese nationals of the perils of getting involved in gambling while traveling abroad.

Int’l sites increase control of Austria’s online gambling market

International online gambling operators continue to dominate Austria’s online market, putting further pressure on the government to legislate these pesky interlopers into oblivion.

On Friday, Austrian media outlet Nachrichten published an interview with Andreas Kreutzer of the Kreutzer Fischer & Partner consultancy, who claim that the overall Austrian gambling market revenue hit €1.675b in 2017, up 4% from 2016’s total.

Kreutzer claims the land-based casino, slots hall and sports betting sector claimed €716m of this market revenue, up from €700m in 2016. The lottery business (both offline and online) claimed the second largest slice at €676m, a €20m improvement over 2016’s result.

Online gambling claimed 2017’s smallest share at €283m but this was 11% higher than the previous year, making the online sector Austria’s fastest growing segment, accounting for nearly half of the market’s overall growth.