All articles tagged with #caesars entertainment
The bid for a Caesars-backed casino in Times Square was rejected by a community advisory committee, failing to secure the necessary votes to proceed, amid local opposition concerned about crime, traffic, and the impact on Broadway.
Activist investor Carl Icahn has acquired a 2-3% stake in Caesars Entertainment, causing a minor stir. Despite his history of pushing for corporate changes, Icahn has indicated no immediate plans to shake things up at Caesars. The stock purchase, valued between $154 million and $230 million, has led to a 15% rise in Caesars' stock price.
A tentative contract is close to being reached between the Las Vegas hotel workers union and MGM Resorts International, following a breakthrough deal with Caesars Entertainment. The contract, which is pending approval by the union's rank and file, would cover 20,000 hospitality workers and is expected to address concerns such as pay increases to combat inflation. The union had threatened to strike if negotiations failed, but the tentative agreement with Caesars has provided momentum for new contracts for all 35,000 members. However, a strike could still occur if deals are not made with MGM Resorts and Wynn Resorts by Friday morning.
Caesars Entertainment has reached a tentative deal with Las Vegas unions representing about 10,000 employees, averting a strike that was scheduled to take place in two days. The five-year contract, whose details were not immediately available, includes meaningful wage increases and aligns with plans to bring more union jobs to the Strip. Talks with MGM Resorts International and Wynn Resorts are ongoing, with a strike deadline set for Friday. The Culinary and Bartenders unions, representing 53,000 workers, have been demanding higher wages, improved safety, and protections against job-threatening technology.
Unions representing hospitality workers in Las Vegas have reached a tentative agreement on a five-year contract with Caesars Entertainment, averting a strike that was set to begin on Friday. The Culinary Workers Union Local 226 and Bartenders Union Local 165, affiliates of Unite Here, did not disclose the details of the agreement, but stated that it covers 10,000 workers. Negotiations with MGM Resorts International and Wynn Resorts are still ongoing, as contracts for housekeepers, bartenders, cooks, and food servers at the three companies expired in September. The strike threat had posed a major risk to the city's economy.
A tentative labor deal has been reached between the Culinary union and Caesars Entertainment to avert a potential strike at its nine casinos along the Las Vegas Strip, covering 10,000 union members. However, nine other casinos still face possible walkouts. The details of the agreement are not yet available, but it will be presented to rank-and-file members for a ratification vote. Negotiations with other casino operators are scheduled, and if a deal is not reached by Friday morning, a strike by 25,000 workers would be the largest in the US hospitality industry's history.
Thousands of Las Vegas workers, represented by the Culinary Workers and Bartenders Unions, are set to picket MGM Resorts and Caesars Entertainment casinos on Thursday, marking the first such action in nearly two decades. The unions are seeking a new five-year contract with improved wages and benefits, as casino operators report record profits. Negotiations have been slow, with the unions expressing disappointment over the lack of substantive wage proposals from the companies. The unions are demanding higher wages, better job protections, lower housekeeping quotas, and improved safety measures. The unions have asked casino customers not to cross picket lines, and a citywide strike has been authorized by 95% of union members.
Recent hacks targeting Caesars Entertainment and MGM casinos were likely carried out by a group of teenagers and young adults who have formed an alliance with a notorious ransomware gang known as Scattered Spider. The group, referred to as Star Fraud, consists of a few dozen hackers who have connected online and are part of a larger association called the Com. These hackers have been active for the past two years, targeting large companies through stolen employee credentials and tricks such as convincing tech support employees to provide new passwords. They have now escalated their attacks by deploying crippling ransomware and partnering with ALPHV, a hacking group affiliated with Russian gangs responsible for the Colonial Pipeline hack. The FBI is actively pursuing these criminals and their affiliates.
MGM Resorts has announced that all its hotels and casinos are now fully operational, nine days after a cyberattack caused system shutdowns across the company. The ALPHV ransomware group claimed responsibility for the attack, while another group called Scattered Spider took credit for a similar attack on competitor Caesars Entertainment. Both attacks originated through identity management vendor Okta, which confirmed that hackers were able to exploit its technology as an access point. The extent of the damage and any potential data leaks remain unclear.
Two major Las Vegas casinos, MGM Resorts and Caesars Entertainment, have fallen victim to cyberattacks, exposing vulnerabilities in casino security systems. The breaches have affected reservations, casino floors, and customer information. The attacks have shattered the perception of impenetrable casino security and highlight the importance of addressing human-related weaknesses, such as phishing. The hackers may have used socially engineered tactics to breach the systems, and there are concerns that ransom payments may have been made, potentially leading to more attacks in the future.
Two major Las Vegas casinos, MGM Resorts and Caesars Entertainment, have fallen victim to cyberattacks, compromising customer information and disrupting operations. The attacks have shattered the perception of impenetrable casino security, highlighting the vulnerability of even sophisticated systems. The breaches are believed to be socially engineered attacks, exploiting human behavior through tactics like phishing emails or phone calls. While it is unclear if any ransom was paid to regain control of the data, experts warn that more attacks could follow, emphasizing the need for enhanced cybersecurity measures in the industry.
MGM Resorts and Caesars Entertainment have both fallen victim to cyberattacks, highlighting the ongoing threat of ransomware. MGM experienced system outages and disruptions at its properties, while Caesars suffered a data breach that compromised personal information of loyalty program members. The attacks underscore the broader cycle of ransomware attacks, which often receive significant attention before fading into the background. The recent incidents serve as a reminder of the need for improved cybersecurity measures and proactive investment in digital defenses. Experts suggest that each high-profile attack should be used as an opportunity to educate institutions and legislators about the risks and encourage the development of new strategies to combat ransomware.
The Scattered Spider hacking group claims to have stolen six terabytes of data from casino giants MGM Resorts International and Caesars Entertainment. The group, known for its effective social engineering tactics, stated that it has no plans to make the data public and did not comment on whether it had asked for ransom. Caesars reported a breach involving its loyalty program members' data, including driver's license and social security numbers, but declined to comment on reports of paying a ransom. MGM is still dealing with the cybersecurity issue, with disrupted operations at its Las Vegas casinos. The FBI is investigating both incidents.
Caesars Entertainment has disclosed a ransomware attack on their IT network, resulting in the compromise of sensitive customer data stored in their loyalty program database. The breach, which targeted an outsourced IT vendor, exposed personal information such as social security numbers and driver's license numbers. While there is no evidence of payment information being accessed, the company is offering credit monitoring and identity theft protection services to affected loyalty program members. Caesars Entertainment has implemented security measures and notified state gaming regulators and law enforcement. The financial impact of the cyberattack is currently unknown.
Reality TV star and entrepreneur Lisa Vanderpump is set to open a new restaurant, Wolf by Vanderpump, inside Harveys Lake Tahoe in Nevada. The restaurant will feature reimagined classics and unique shareable bites, as well as a cocktail menu with never-before-seen options. This will be Vanderpump's third collaboration with Caesars Entertainment and her first venture in Tahoe. The restaurant is expected to open this winter and will celebrate the wolf with elements tying into the animal throughout the venue.