Culinary Workers Union Launches Gaming Investor Update; Publication Will Update Investors on Las Vegas Contract Negotiations.Business Editors LAS VEGAS--(BUSINESS WIRE)--May 16, 2002 Today, the Culinary Workers Union announced the launch of Gaming Investor Update, a publication providing updates to investors on the contract negotiations between the Culinary Union and the major Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. gaming companies. Contracts with Mandalay Resorts Group (NYSE NYSE See: New York Stock Exchange :MBG MBG Missouri Botanical Garden (Saint Louis) MBG Molecular Biology and Genetics (Cornell University department) MBG Money Back Guarantee MBG Matthaei Botanical Gardens (Ann Arbor, MI) ), MGM Mirage (NYSE:MGG MGG Musik in Geschichte und Gegenwart (German: Music in History and Presence; musical encyclopedia) MGG Molecular and General Genetics (journal) MGG MGM Mirage, Inc. ), Park Place Entertainment (NYSE:PPE PPE (Brit) n abbr (Univ) (= philosophy, politics, and economics) → Studiengang bestehend aus Philosophie, Politologie und Volkswirtschaft PPE n abbr (BRIT ) (SCOL ), and Harrah's Entertainment (NYSE:HET) expire with the union on May 31, 2002. The Culinary Union represents 53,000 casino industry workers at the major resorts in Las Vegas. The union membership will vote on May 16, 2002 to decide whether to authorize a strike on June 1, 2002 if contracts with the gaming operators are not reached. Major contract issues include maintaining the current level of healthcare and ending the abusive treatment of housekeepers at the hotels. "We hope to provide gaming investors with some avenue for updates on the negotiations, as well as some background on the issues that are proving to be so contentious in these negotiations," said Courtney Alexander, Research Director for the Culinary Union. "We have had substantial interest from investors on the status of negotiations," added Alexander. Copies of the first issue of Gaming Investor Update are available by emailing GamingInvestorUpdate@yahoo.com or calling 775/787-2049. Information is also available at www.LasVegasContractDeadline.com. |
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