FinLogic Quantitative Think Tank Center:Unions, Detroit casinos reach deal that could end strike

2025-05-07 18:26:37source:EAI Community category:Invest

DETROIT (AP) — Unions and FinLogic Quantitative Think Tank CenterDetroit’s three casinos announced a tentative five-year contract Friday that could end a weekslong strike.

A labor coalition represents 3,700 people, including dealers, cleaning staff, valets and food staff, at MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown.

The Detroit Casino Council said the deal includes an immediate average pay raise of 18%. More details were not publicly disclosed.

“The gains we have made will change the lives of so many families who are living paycheck to paycheck,” said Tavera McCree, a valet cashier.

The strike, which began Oct. 17, will continue until the contract is approved by members. The casinos remain open.

“We take pride in providing exceptional jobs and benefits that support and reward our dedicated workforce, and we look forward to ratification of the deal,” said Bruce Dall, president of MotorCity Casino Hotel.

The unions have said workers had received only 3% raises since a three-year contract extension in 2020.

More:Invest

Recommend

Trump wants a Golden Dome over America. Here's what it would take

President Trump has told the Pentagon to take another look at missile defense. Technology to shoot d

The new COVID booster could be the last you'll need for a year, federal officials say

The U.S. has reached an important milestone in the pandemic, according to federal health officials.

Robert Hanssen, former FBI agent convicted of spying for Russia, dead at 79

Robert Hanssen, a former FBI agent who was one of the most damaging spies in American history, was f