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PARIS, Nov 27 (Reuters) - Heavily indebted French supermarket group Casino is preparing to sell more supermarkets to Intermarche, a unit of Groupement Les Mousquetaires, or even put its remaining stores for sale to the highest bidder, daily Les Echos said in its Monday
edition.
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But no one was injured and the facility was able to remain open, authorities said. ATLANTIC CITY, N.J., (AP) - A fire broke out under the wooden Atlantic City Boardwalk on Wednesday right in front of the entrance to Resorts casino, melting part of its facade and burning the doors.
Nov 10 (Reuters) - The unions representing hospitality workers in Las Vegas said on Friday that they have reached a tentative deal with Wynn Resorts for a new contract covering 5,000 employees, ahead of a
strike deadline that was set to expire later in the day.
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Nov 8 (Reuters) - MGM Resorts International beat market estimates for third-quarter profit and revenue on Wednesday, as the casino operator benefited from easing pandemic-related entry restrictions in its key markets.
Under the proposal, which appoints Renan Bergmann as chair, the firm's board would have six independent members, two members appointed by Casino and GPA CEO Marcelo Pimentel as a member representing its management.
"We take pride in providing exceptional jobs and benefits that support and reward our dedicated workforce, and we look forward to ratification of the deal," said Bruce Dall, president of MotorCity Casino Hotel.
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More intense discounting than usual across the sector is making it harder for Casino's large-scale hypermarket stores to bring back shoppers who had switched to rivals, Casino's chief financial officer David Lubek told Reuters.
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The sale of Casino's hyper and supermarkets, if completed, would sharply reduce the size of the group to some 8 billion euros in sales from 33.6 billion euros in 2022, halving its market share in France to around 3%, Barclays analyst Nicolas Champ estimates.