That effectively means they will not be struck, the union has said. Revenue losses or gains would depend on how successful they are at doing this.”Īs of Friday, the union had reached so-called “me-too” agreements with Bally’s and the Ocean Casino Resort, pledging them to adopt the terms of contracts eventually reached with the larger casinos in the city. 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.

“The casino floors at all properties would remain functioning as normal because they are not part of Local 54,” she said. Now, the only casino that remains without a labor agreement is Golden Nugget and workers are threatening a strike on July 30 if a deal is not reached. Interestingly enough, the labor agreements boosted casino stocks. These include the number of casinos that are targeted by a strike, and the public’s willingness to patronize them in such an event. The union reached agreements with the other casinos just before the strike deadline in July.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City casino industry, said it is difficult to accurately predict the financial impact of a strike with so many variables in play.

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