PENN - Detroit's Casino Showdown: Workers Roll the Dice On A Strike Amid Industry Turmoil | Benzinga
Workers at some of Detroit's most iconic casinos, including MGM Resorts International's (NYSE: MGM) MGM Grand Detroit, PENN Entertainment, Inc.'s (NASDAQ: PENN) Hollywood at Greektown and MotorCity casinos, are gearing up for a potential showdown.
Represented by the United Auto Workers (UAW) and Teamsters, the employees have cast a resounding vote, authorizing a strike that could send shockwaves through the city's vibrant gaming sector, as per a note by Reuters.
"The strike authorization sends a clear message to the Detroit casino cartel that our members are the ones who created massive profits for these corporations, and it's time to share the wealth," said Full story available on Benzinga.com