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CR79-p18-northamerica2:SJC-Casino Review 19/4/09 00:14 Page 1
Wynn’s pay down a quarter in 2008
One of the richest men in gaming, Steve Wynn, received a pay package in 2008 of US
$8.45m, including a basic salary of $3.25m, $4m in bonuses and $1.14m in expenses
mainly for use of a company aircraft.
The amount actually dropped by 25 per cent from 2007’s pay but included $29,718 in life
insurance, a $18,518 medical plan and $11,795 for a driver. Wynn has a 21.4 per cent
share in Wynn Resorts surpassed by the 21.8 per cent held by Aruze founder Kazuo
Okada. Wynn Resorts’ net income for 2008 was $210.2m.
The resolution of two
opposing pieces of
legislation in Florida
could see the Sun sues
Shine State join the
US gambling ranks
of Las Vegas and
Atlantic City or fold asbestos
to become a slot
only state.
stickortwist overexposed
Two massively different pieces Harrah's Las Vegas is
of legislation are moving being taken to court by a
through the legal process in former maintenance super-
the Sunshine State, one set to visor who claims he was
embrace new table games, the exposed to asbestos fibre
other looking to do just the which can cause cancer.
opposite and rid the state of Ernie Savannah filed
its existing blackjack and the law suit after being
poker tables. laid off by the operator
The first proposal would last month. He is claiming
bring a raft of new opportuni- US$10m in damages
ties including the introduction from Harrah’s and his
of roulette and craps tables in union, Local 501 of the
Florida, as well as lowering the International Union of
taxation of slot machines and Operating Engineers,
the age of consent for gambling, claiming that neither pro-
The US$1bn gambling
Tables could be
tected him from the
expansion has been approved dangers of his job.
by the Senate Regulated Indus-
tries Committee, paving the
way for the governor to strike a
deal with the Seminole tribe to
turned in Florida
“When I come home with
the fibres, they never told
us we were supposed to
decontaminate when we
bring new tables to their opera- leave,” he said.
tions. The move will provide a
huge windfall for the local gov-
ernment in Florida and will expansion plan
He also used his lawsuit
filed in the federal court to
accuse Harrah’s of
create up to 45,000 jobs. causing him unnecessary
The Seminoles already concern by making him
operate blackjack tables at its bling age from 21 to 18 and tee introduced the bill at the of poker that is played. and raise property taxes. It’s a fire electrician Fred
Hollywood, Tampa Hard and give parimutuels outside end of March. It would permit Senator Dennis Jones, a Semi- pretty clear choice I know what Frazzetta, who was a
Immokalee casinos and slots at Miami-Dade and Broward Gulfstream Park and Calder nole Republican in charge of my vote is going to be.'” whistle-blower.
six of its seven casinos. counties the opportunity to Race Course to operate black- the Senate committee responsi- James Allen, the Seminole Savannah said
Committee members operate slots that see players jack and baccarat, whilst also ble for gambling said: “We have Gaming CEO and chairman of Harrah’s managers
approved unanimously the pro- play against one other. allowing the Seminole Tribe of a choice. We can either help out Seminole Hard Rock Interna- ordered him to ‘get rid of’
posal to give the state’s 25 The Senate bill would reduce Florida to keep Blackjack and an industry that has been a good tional, told a House commit- Frazzetta, after he had
parimutuel facilities new slot taxation from 50 per cent baccarat but also bring in corporate citizen, produced tee that if the positive reported suspicions
gaming options whilst only one to 35 per cent at racinos in roulette and crap tables. jobs and paid taxes for decades proposals were passed, the about a hotel remodeling
senator voted against plans to Miami-Dade and Broward and However, the Florida senate and use the revenue for educa- state would be paid US$ 288m project to Clark County
give the Seminole Tribe full- fix the payout at no less then 85 is going head to head with the tion, or we can raise property and would see the creation of building officials and to
fledged casinos. per cent at all venues. It would Florida House of Representa- taxes to pay for education. They 45,000 jobs. He believes in the Nevada Occupa-
These two positive propos- also allow no limit poker at the tives which wants to ban can either allow the existing total the overhaul could be tional Safety and Health
als will be joined by a further State’s casinos. blackjack and baccarat from parimutuels to have more prod- worth UD$4.5bn to the state’s Administration in
plan to lower the legal gam- The Florida Senate commit- the State and limit the amount ucts or they can go back home economy when completed. November 2006.
New Jersey dealers turn on
bosses with ad campaign
unusualhand cut while management stall paying themselves millions have been created, and many at Caesars, as well as keno
UNITED STATES bargaining discussions or in salary and bonuses. of them are good union jobs and simulcast workers,
reject them altogether. Loveman collected $39.6m with good contracts negoti- voted 4-to-1 to form their
Dealers in Atlantic City are The unusual stance has seen in total compensation in ated with management by own union and become part
advertising their plight to advertisements placed in the 2008.” casino workers. There’s no of the UAW more than two
the public with regards to Philadelphia Inquirer and the Joe Ashton, director of UAW reason that dealers and slot years ago. In the months fol-
their ongoing labour dis- Press of Atlantic City as well as Region 9, which includes New technicians should be left out. lowing, casino dealers, slot
putes with the UAW Atlantic on local radio stations. Jersey as well as parts of Penn- When workers vote to form a technicians and other casino
City Dealers Union launch- The union stated in a sylvania and New York, said: union, they have a right to a workers at Bally’s, Trump
ing a multimedia advertising release. “While the casinos “We think consumers have a seat at the table,” said Ashton. Plaza and Tropicana also
campaign. are implementing unilateral right to know how the casinos “It’s time for management to voted yes for UAW represen-
The Everyone Loses cam- cuts to workers’ hours and in Atlantic City are treating stop stalling and start negotiat- tation. More than 8,000
paign is part of a multi-million benefits, the radio and news- their workers. I’ve lived in this ing - and we’re committed to gaming industry workers are
dollar drive to educate the paper ads point out that exec- area all my life, and I’ve seen keeping the pressure on until members of the UAW in
public that casino dealers utives like Gary Loveman, the gaming industry grow up they meet their obligation to Atlantic City, Connecticut,
have had their hours slashed CEO of Harrah’s, which owns and become an important part bargain in good faith.” Indiana, Michigan and
and their retirement benefits Bally’s and Caesars, are of our community. A lot of jobs Full- and part-time dealers Rhode Island.
18 May 2009 • northamericanews
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