Las Vegas resort surprises thousands of workers with $5,000 bonus

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Union Democrat

New $325M Chicken Ranch Casino Resort sets soft opening for July 15

The new, nearly complete $325 million Chicken Ranch Casino, Resort and Conference Center will begin welcoming guests in July, the Chicken Ranch Rancheria of Me-Wuk Indians of California announced at 10 a.m. Wednesday. The new casino resort, about 2 miles southwest of downtown Jamestown, will be nine stories tall with a larger casino, new…

Land-based ・ 03 May 2024

AOL

Tuolumne County casino expansion set to open this summer. What’s new and how to apply

Chicken Ranch Casino in Tuolumne County is opening its new nine-story resort this summer and is holding four job fairs to recruit workers. The resort will boast 197 hotel rooms, a 12000-square-foot conference and event space, an expanded gaming floor with more than 100000 square feet of all-new slots and table games, nightlife options and…

Jobs ・ 04 March 2024

8 News Now

Culinary Union reaches agreement with TI Las Vegas

LAS VEGAS (KLAS) - The Culinary Union announced a tentative agreement on a new five-year contract for a resort on the Strip days before the strike deadline. The agreement took place on Tuesday night for over 1000 hospitality workers at the TI Las Vegas. However, there are still 14 more casino resorts in limbo, seeking new contracts before a Friday…

Land-based ・ 31 January 2024

news3lv.com

TONIGHT: Grand opening finally welcomes Fontainebleau Las Vegas

LAS VEGAS (KSNV) - The Fontainebleau Las Vegas will host its grand opening Wednesday night, completing a development process that has spanned more than 15 years. A VIP red carpet and celebration event will be held in the evening before the doors open to the general public just before midnight. For guests looking to enjoy the opening night…

Land-based ・ 14 December 2023

Wild Casino

$5,000 Welcome Bonus

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The Nevada Independent

Vegas casino worker unions hold strike vote, threatening first major walkout in 39 years

With chants of "one job should be enough," some 10000 members of the Culinary and Bartenders unions filled UNLV's Thomas & Mack Center Tuesday morning for a vote to authorize the first citywide strike against the resort industry in 39 years. Representatives of Culinary Workers Local 226 and Bartenders Local 165 said the results of the vote would…

Land-based ・ 27 September 2023

Yogonet

Sparks: Century Casinos completes acquisition of Nugget Casino Resort's operations for $100M

Colorado-based Century Casinos announced Tuesday it has completed the acquisition of the operations of the Nugget Casino Resort in Reno-Sparks, Nevada, from Marnell Gaming, for approximately $100 million. Prior to the acquisition, back in April 2022, the company purchased from Marnell 50% of the membership interest in Smooth Bourbon, the company…

Land-based ・ 07 April 2023

Yogonet

Century Casinos gets tentative approval to acquire Sparks' Nugget Casino Resort for $195M

On Wednesday, the Nevada Gaming Control Board unanimously recommended Century Casinos for licensing to acquire the Nugget Casino Resort in Sparks. The board granted the application for registration and findings of suitability for several executives from the company. Now, the Nevada Gaming Commission is expected to consider final approval of the…

Land-based ・ 11 March 2023

Review Journal

6 biggest casino deals on the Las Vegas Strip in 2022

A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks - showcasing a flurry of activity after the short but steep economic fallout caused by the COVID-19 pandemic. And a number of those deals, announced last year, have closed in 2022. Here are six of this year's major deals on the…

Industry ・ 26 December 2022

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Review Journal

Station Casinos new resort in North Las Vegas clears hurdle

Station Casinos cleared a hurdle in its quest to build a new resort in North Las Vegas, as the company shakes up its real estate portfolio. The North Las Vegas Planning Commission last week approved Station's plans for a 67-acre hotel-casino at the northwest corner of Losee Road and the 215 Beltway in a hearing that featured pushback against a…

Politics ・ 21 October 2022

Review Journal

Station Casinos clears hurdle for new North Las Vegas resort

Station Casinos cleared a hurdle in its quest to build a new resort in North Las Vegas, as the company shakes up its real estate portfolio. The North Las Vegas Planning Commission last week approved Station's plans for a 67-acre hotel-casino at the northwest corner of Losee Road and the 215 Beltway, in a hearing that featured pushback against a…

Politics ・ 21 September 2022

Yogonet

The Cosmopolitan of Las Vegas is real estate’s "most profitable single asset sale ever" for Blackstone

The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion was the " most profitable single asset sale ever " for the company's real estate business, Blackstone said in an earnings report Thursday. The high-priced transaction included a $1.625 billion lease-back deal for MGM Resorts International to acquire its…

Land-based ・ 26 July 2022

Review Journal

Cosmopolitan Las Vegas now an official MGM Resorts property

The Cosmopolitan of Las Vegas officially became an MGM Resorts International property Tuesday after the company closed its $1.625 billion deal with the Blackstone Group. The closing has been anticipated for months and picked up steam after three regulatory bodies - the Nevada Gaming Control Board, the Nevada Gaming Commission and the Federal Trade…

Travel ・ 18 May 2022

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News Nation Now

Las Vegas casino workers surprised with bonuses

LAS VEGAS (NewsNation) - 5400 employees at a Las Vegas casino hit the jackpot in a big way. On Wednesday night, The Cosmopolitan of Las Vegas employees were taken by surprise during an employee appreciation and awards buffet when the resort CEO and president Bill McBeath announced that all 5400 people who work there would be receiving a $5000…

Land-based ・ 13 May 2022

Vegas Slots Online

Cosmopolitan Shocks Its Employees With $5,000 Bonus

The Cosmopolitan of Las Vegas rewarded its 5400 employees with a surprise $5000 bonus Wednesday. "We know that none of that would have been possible without the hard work and dedication of the resort's amazing employees, and we are thrilled to recognize those contributions," said Tyler Henritze, head of strategic investments for private equity firm…

Jobs ・ 12 May 2022

WPTA 21 ABC

Cosmopolitan of Las Vegas surprises every employee with $5,000 bonus

LAS VEGAS (Gray News) - The Cosmopolitan of Las Vegas surprised all its 5400 employees with a $5000 bonus at an employee appreciation and awards buffet Wednesday. Company representatives for the luxury resort casino and hotel said the bonuses total more than $27 million. Resort President and CEO Bill McBeath made the announcement on stage, followed…

Covid ・ 12 May 2022

CNN

Las Vegas casino owner surprises 5,000 employees with $5,000 bonuses

The resort said it gave an "unprecedented" $27 million to its workers during a festive event that was capped off with a "climatic drumroll" and confetti when Cosmopolitan CEO Bill McBeath made the announcement. The event celebrated private equity firm's Blackstone's nearly decade-long ownership of the property, which is in the to MGM Resorts…

Jobs ・ 12 May 2022

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Review Journal

Cosmopolitan giving $5K bonuses to each employee

With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5000 bonus each. Bill McBeath, president and CEO of the hotel-casino, made the announcement in The Chelsea theater, a 40000-square-foot venue at the Cosmo that was packed with workers for the event. The crowds erupted with…

Jobs ・ 11 May 2022

The Nevada Independent

With Cosmopolitan sale nearing, Blackstone still has money on Vegas

Blackstone Group's time as a Strip casino operator is drawing to a close, but that doesn't mean the New York-based investment conglomerate is done with Las Vegas. Through its Blackstone Real Estate Investment Trust (REIT), the company will continue to own the land and buildings associated with four Strip properties operated by MGM Resorts…

Gaming Authorities ・ 12 May 2022

Nevada Appeal

Gambling expo returns, masked and vaccinated, to Las Vegas

Attendees look over video slot machines at the Ainsworth Game Technology booth during the Global Gaming Expo (G2E) at the Venetian hotel-casino and Sands Expo Center in Las Vegas on Oct. 5, 2021. (Steve Marcus/Las Vegas Sun via AP) LAS VEGAS - Casino industry leaders and vendors riding a resurgence of gambling following coronavirus closures are…

Covid ・ 09 October 2021

Asgam

Genting’s Resorts World Las Vegas set for launch

The Las Vegas Strip will welcome its first new resort and casino opening in more than a decade when Resorts World Las Vegas (RWLV) officially opens its doors on Thursday. Not since the Cosmopolitan launched in 2010 has Las Vegas welcomed a truly brand new casino-resort to the fold, with Genting Group's US$4 billion spectacle located at the northern…

Travel ・ 06 July 2021

Travel Weekly

Wynn, Cosmopolitan Las Vegas casinos at full capacity: Travel Weekly

In a statement, Wynn Resorts announced that as of May 3, 88% of its Las Vegas employees have been vaccinated against Covid-19. As a result, the company recently received permission from the Nevada Gaming Control Board to begin operating gaming areas at its Wynn and Encore properties at 100% capacity as well as remove plexiglass dividers from all…

Travel ・ 10 May 2021

Nevada Appeal

3 Vegas casinos fully opening after 80% worker vaccinations

People walk along a pedestrian bridge near the Wynn Las Vegas hotel-casino on Sept. 17. (Photo: John Locher/AP, file) LAS VEGAS - Some Las Vegas Strip casinos have been allowed to open at 100% capacity, officials said Tuesday, after showing Nevada state regulators that at least 80% of their employees have received at least one shot of coronavirus…

Covid ・ 20 May 2021

Card Player

Las Vegas Casino Gives $27M In Worker Bonuses After $1.6B Sale

The U.S. economy appears to be on the decline, but a Las Vegas casino still awarded employee bonuses as part of a soon-to-be-completed $1.6 billion sale. The Cosmopolitan of Las Vegas on Wednesday gave more than 5000 of its workers each a $5000 cash bonus, for a total bonus payment of about $27 million. The current owner of the casino is Blackstone…

Land-based ・ 07 September 2022