Union members approved the tentative agreements with Park Place Entertainment, Harrah's Entertainment, MGM Mirage and Mandalay Resort Group late last week, with a vote of 2,003 to 36. The four casino owners have been the principal players in the unions' contract negotiations, which began on April 10. After more than a month of negotiations, tentative agreements were settled upon at the end of May. The recently ratified agreements call for five-year contracts, along with hourly wage and benefit increases of $3.23 ½ over the duration of the contracts.
At last week's vote, union members also ratified contracts with Aztar Corp. and Four Seasons. The unions have also reached a tentative agreement with Riviera Holdings, which is expected to be approved shortly.
In addition, the unions have decided to postpone their June 1 strike deadline for 30 days, in order to give the smaller casino owners that remain in contract talks additional time to negotiate.
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