Atlantic City's History of Casino Strikes
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The last labor strike at an Atlantic City casino closed the Trump Taj Mahal in September 2016. The union Unite Here Local 54 is threatening to strike five of the city's nine casinos. A walkout is tentatively scheduled for Friday at industry leader Borgata and at Caesars Entertainment properties Caeres, Hard Rock and Tropicana. Bally's and Ocean agree to abide by whatever deals are struck elsewhere. Resorts and Golden Nugget are in the Yellow Zone. Other casinos are facing a deadline.
The union struck at Caesars and Bally's casinos in 2004. It lasted for all of October and into the first week of November. Caeres experienced a 19% decline in gaming revenue, while Baly's experienced 20.5%. The five casinos that did not have strikes reported gaming revenues increases. Trump Taj Mahal had a 26.9% drop in net revenue in the fourth quarter of 2014.
Summer months produce the strongest revenue of any given year for the casinos. In July and August 2018, $630 million in brick-and-mortar revenue flowed to the Atlantic City casinos, which is almost 21% of the yearly figure of $2.90 billion. The industry held a job fair in early June seeking to fill about 2,500 casino positions.
