Thursday, Nov. 11, 2010 | 11:23 a.m.
Wynn Resorts has signed a collective bargaining agreement with the Transport Workers Union covering table games dealers at the Wynn Las Vegas resort, the company said today. (More details about the agreement)
"The management of Wynn Las Vegas is very happy and frankly quite surprised that the contentious issue of dealer tips has been resolved in a mutually satisfactory way through this new contract with the dealers' union," Wynn Resorts chairman and CEO Steve Wynn said in a statement.
"The contract is completely satisfying to the company in that it provides a very flexible and rational framework to deal with the challenges of casino management in the next 10 years. At the end of the day, the union representatives were able to focus intelligently on the fundamental necessities of management's flexibility in today's challenging casino environment," Wynn said.