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Workers at Wynn Resorts in Las Vegas, represented by hospitality unions, have overwhelmingly voted in favor of a new five-year contract, following similar actions earlier this week by employees at Caesars Entertainment and MGM Resorts International. The unions, representing approximately 5,000 Wynn Resorts employees, reported a 99% approval rate for the agreement.

The newly approved contracts, which cover workers at MGM, Caesars, and Wynn, will result in wage increases for a total of 40,000 employees and eliminate the possibility of a labor strike against these major casino operators, which could have significantly impacted tourism in Las Vegas.

According to Ted Pappageorge, secretary-treasurer of the Culinary Union, the total compensation secured for employees at these casino properties amounts to around $2 billion over the five-year period. The unions have hailed these agreements as a significant victory, securing the largest wage hikes in their history, with an immediate 10% increase in the first year and a cumulative 32% raise over the contract’s duration.

In addition to these major agreements, negotiations are still ongoing for new five-year contracts for 10,000 workers, including cooks, bartenders, and housekeepers, at 24 smaller casinos and resorts.