Union: Strike Could Cost 4 Atlantic City Casinos $2.6 Million Per Day

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Union: Strike Could Cost 4 Atlantic City Casinos $2.6 Million Per Day
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A week before it could walk out on strike against numerous Atlantic City casinos, the resort's main casino workers union warned that a strike could cost four casinos a total of $2.6 million a day in losses.

ATLANTIC CITY, N.J. — A week before it could walk out on strike against numerous Atlantic City casinos, the resort’s main casino workers union warned that a strike could cost four casinos a total of $2.6 million a day in losses.

Bob McDevitt, the union’s president, had no immediate comment on the report Friday. Representatives of MGM Resorts International, which owns the Borgata, and Caesars Entertainment, which owns the other three casinos, did not immediately respond to messages seeking comment Friday. “The casino floors at all properties would remain functioning as normal because they are not part of Local 54,” she said. Casinos that are struck “would use non-union employees and management to keep the hotel and food and beverage sites operating at an acceptable level to attract customers. Revenue losses or gains would depend on how successful they are at doing this.

In 2021, Caesars’ New Jersey properties generated 33.2% of their net revenue and 42% of their gross operating profit in the third quarter, the union report said.

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