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MGM Resorts International CEO and President Bill Hornbuckle said in a statement shared with Forbes the company is “pleased to have reached a tentative agreement that averts a strike,” and that gives union employees “a well-earned boost to pay and benefits and reduces workloads.” Wynn Resorts has “had productive bargaining sessions” with the union that are continuing today, Michael Weaver, chief communications and brand officer for Wynn Resorts, said in a statement shared with Forbes. ![]() The Culinary Workers Union had been unsuccessful in negotiations with the three biggest casino chains since April, and set a strike deadline a week ago for November 10. Before the deal, union members at the casinos earned around $26 an hour and had health insurance, according to the Associated Press. With a commendable payout rate of 95.73, the casino guarantees to pay out winnings promptly and securely in these jurisdictions. 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