Encore Boston Harbor Business is Booming as Workers Threaten Sept. 1 Strike

Union Workers at Encore Boston Harbor Set Strike Deadline for September 1

Union employees at Encore Boston Harbor are preparing to walk off the job if Wynn Resorts does not meet their contract demands. The workers, represented by Unite Here Local 26 and Teamsters Local 25, plan to announce the exact start time of the strike during a rally scheduled for tomorrow (September 1) at 6:30 PM outside the resort in Everett, Massachusetts.

Strike Announcement and Picket Training

The two unions confirmed to Casino.org that workers and union leaders will gather tomorrow evening to declare when the strike will begin. The contract expired on Monday, August 31. A strike authorization vote passed overwhelmingly on August 20, with 1,006 votes in favor and 53 against.

“What is new on Tuesday is the clock: a specific hour when 1,350 workers stop working, unless Wynn reaches a fair contract before it arrives,” the unions stated.

Following the strike announcement, union members will receive picket captain and line formation training. These sessions will be conducted in both English and Spanish to ensure all workers are prepared.

Encore Boston Harbor’s Strong Financial Performance

The unions have repeatedly noted that Encore Boston Harbor “took in $847 million in Boston last year.” However, that figure refers to total revenue, not profit. The property’s earnings before interest, taxes, depreciation, and amortization (EBITDA) — a key measure of financial performance — was $236.7 million in 2024.

That EBITDA represents a 4.2% decline from 2023, an 8% drop from 2022, and 2.75% below the property’s 2022 result. Historical EBITDA data for Encore Boston Harbor:

(Encore Boston Harbor opened on June 23, 2019)

EBITDA measures a company’s overall financial performance from its core operations, but it does not represent net profit — the final line after deducting all expenses. According to Capital One Business, “Business owners and stakeholders often use EBITDA for a number of reasons, but because it excludes certain costs, it may provide a skewed picture of profitability.”

The bank suggests that comparing revenue to EBITDA offers a clearer view. For 2024, Encore Boston Harbor’s $846.9 million in revenue against $236.7 million in EBITDA translates to a 28% margin. “Generally, an EBITDA margin between 10% and 15% is considered good, while a margin under 10% could indicate the business is facing some operational challenges,” Capital One Business noted.

Union Demands and Contract Negotiations

The unions argue that Wynn Resorts and its shareholders are profiting at workers’ expense. Unite Here President Carlos Aramayo stated that the employees who deliver Wynn’s five-star service at Encore Boston Harbor are being offered “a contract worse than a Hampton Inn.”

Unite Here Local 26 and Teamsters Local 25 represent a wide range of workers at the $2.6 billion Wynn Resorts property located in Everett, across the Mystic River from Boston. These workers include housekeepers, cooks, servers, bartenders, slot attendants, and warehouse personnel.

Key demands from the unions include:

The outcome of tomorrow’s announcement and ongoing negotiations will determine whether Encore Boston Harbor faces a strike that could disrupt operations at one of Massachusetts’ largest casino resorts.