Virgin Hotels Las Vegas Strike: Union Claims Hotel is Hiring Replacement Workers

Virgin Hotels Las Vegas Strike: Union Claims Hotel is Hiring Replacement Workers

By Michael Davidson

November 22, 2024 at 12:55 AM

The Culinary Union has reported that Virgin Hotels Las Vegas is hiring temporary workers following a strike by approximately 700 hospitality workers that began on Friday. The union is labeling these replacement hires as "scabs."

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A strategic partnership has been announced between Jackpocket and Barstool Sports, marking a significant development in the gaming industry.

In major financial news, Blackstone has completed a landmark $4.25 billion acquisition of the Bellagio from MGM Resorts International, while Phil Ruffin has purchased Circus Circus for $825 million.

Google has revised its advertising policies, removing social casino mobile applications from its sensitive wagering category. This change enables social casino app operators to advertise more freely on the platform.

Barry Diller, chairman of IAC/InterActiveCorp and MGM Resorts International's largest shareholder, has expressed dissatisfaction with The Washington Post's recent editorial decisions.

VICI Properties has announced an increase in their Adjusted Funds From Operations (AFFO) guidance, indicating strong financial performance.

Recent developments include:

  • Venetian Las Vegas ending its hotel alliance with IHG in January
  • Caesars launching a new proprietary gaming platform
  • BetMGM showing significant progress in iGaming
  • Caesars announcing a $500M stock repurchase program and $1B debt sale
  • MLBPA filing lawsuits against Bet365 and DraftKings over player image rights
  • Wynn selling $800M in debt to address DOJ fine and 2025 bonds
  • Red Rock demonstrating strong margin performance according to analysts

The gaming industry continues to evolve with these strategic moves, partnerships, and regulatory developments shaping its future landscape.

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