Atlantic City Dealers Get Raises While Revenue Continues To Slide

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The Atlantic City casino gambling industry is in shambles, but one group of employees could not be happier this afternoon. Dealers at Tropicana Casino & Resort were given raises over the next five years as part of a union agreement.

Dealers unionized in the hopes that they would come together and force the casinos in AC to hear their concerns over the future of their employment. Clearly, the affiliation with the United Auto Workers played to the dealers' advantage on Thursday.

As part of the agreement that was reached today, dealers will receive an eighteen percent raise spread out over the next five years. It was the first union agreement that dealers have ever completed in Atlantic City, and residents are commending the arrangement.

"With all of the negativity that has surrounded us (Atlantic City) here in the past couple of years, it was nice to see that the casino and their employees could come to an agreement on fair pay," said Lillian Bell. "Hopefully, the other casinos can follow suit and create new deals with their workers."

The agreement on Thursday may have set the pace for future deals involving workers at Caesars, Bally's, and Trump Entertainment Resorts. Unions began infiltrating the casino workers in the city several years ago, but up until today only hospitality deals have been struck between the casinos and their employees.

Atlantic City is coming off one of their worst quarters in history. In the second quarter, casino revenue dropped 22.6%, to $149 million. In the same period in 2009, the casino revenue totaled $192.5 million. The city and the state are conflicted on how to revive the gaming industry.

Pennsylvania, New York, Delaware, Maryland, and possibly even Massachusetts are stepping up efforts to compete for gamblers in the Northeast. Pennsylvania is making the biggest move, adding table games for their casinos that had already made up slot revenue ground on AC casinos in the past year.

August 19, 2010
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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