"We are negotiating for the best contract ever in the Culinary Union’s history to ensure that one job is enough," Ted Pappageorge, the secretary-treasurer for the Culinary Workers Union, said in a statement. "Companies are generating record profits and we demand that workers aren’t left behind and have a fair share of that success," he added.
What to watch: A strike at major resorts in Las Vegas could cause some anxiety with investors after the region saw a major bounce in convention activity in 2023. The sports calendar also includes Formula 1 racing, Las Vegas Raiders football, the 2024 Super Bowl, and potentially MLB baseball if the Oakland A's relocate. Investors may have to factor in either the impact of a disruption to Las Vegas traffic or higher-than-anticipated labor costs going forward.