Remote work is expected to have a larger presence in the workforce after the health crisis ends. Experts say that could be a major boon to Las Vegas. (Las Vegas Review-Journal)
Search results for:
Remote work is expected to have a larger presence in the workforce after the health crisis ends. Experts say that could be a major boom to Las Vegas.
MGM Resorts International announced its new “Viva Las Office” program that encourages business travelers to work remotely from the Bellagio or Aria.
Japan is getting ready to issue three highly coveted gaming licenses. The country’s gaming market is estimated to be worth more than $25 billion a year once resorts open in 2025. If the estimates stand up, Japan would become the second-largest gaming market in the world behind Chinese gaming enclave Macau. MGM and at least eight other companies had been vying for the Japanese licenses. In 2019 Las Vegas Sands Corp. and Wynn Resorts Ltd. turned their attention to other areas. Caesars Entertainment Corp. dropped out of the race altogether. MGM teamed up with Japanese financial services group Orix for its bid for a gaming license. MGM/Orix group was the only one to participate in the RFP process. “We think MGM is in a very good position in Osaka at this point” – Union Gaming analyst John DeCree (Las Vegas Review-Journal)
MGM Resorts International announced its MGM 2020 plan in January, The plan would improve cash flow by $200 million annually by the end of 2020 and an additional $100 million by the end of 2021. 1,070 jobs were cut as part of the cost-cutting initiative. 881 of those were Las Vegas employees, mostly in management or mid-management positions. Jim Murren
MGM Resorts International announced its MGM 2020 plan in January, The plan would improve cash flow by $200 million annually by the end of 2020 and an additional $100 million by the end of 2021. 1,070 jobs were cut as part of the cost-cutting initiative. 881 of those were Las Vegas employees, mostly in management or mid-management positions. Jim Murren
The Culinary union will ask Las Vegas casinos and hotels to supply guest room attendants with panic buttons amid national attention to the issue of workplace sexual harassment. The proposal is part of the union’s demands as it readies for talks for 50,000 of its 57,000 employees on a five-year contract with casinos next month, said Bethany Khan, a spokeswoman for Culinary Local 226. Panic buttons would allow guest room attendants to notify security if they are in an uncomfortable or threatening situation. The union will be renegotiating contracts with Caesars, MGM Resorts International and several downtown casinos starting in mid February.