Two Months Later: Wynn Resorts Settles Boston Casino Strike
Summary
Wynn Resorts announced a preliminary agreement with union leaders to end the strike at Encore Boston Harbor, bringing a two-month labor dispute closer to resolution. The strike began on September 4 after labor agreements expired on August 31, involving roughly 1,350 union employees demanding higher wages, healthcare protections, improved job security, and guaranteed working hours. CEO Craig Billings announced the deal during the third-quarter earnings call, and union leadership recommended it to members for ratification. Encore Boston Harbor's Q3 operating revenue fell to $194.7 million from $211.8 million year-over-year, with table games win percentage at 18.9%, down from 20.5%. Billings acknowledged competitive pressures but highlighted the property's economic contribution, including 3,000 jobs and over $1.1 billion in tax revenues. The company's immediate focus remains Wynn Al Marjan Island in Ras Al Khaimah, UAE, scheduled to open on September 27, 2027, with total investment reaching approximately $1.12 billion for a 40% stake. Billings indicated the UAE is the priority over new developments, though Texas remains a market of interest. Wynn holds land in Las Vegas, Boston, Macau, and the UAE.
(Source:Gamblingnews)