Wynn Las Vegas dealers make $100,000 ...soon to be $90,000

From Aug. 23rd Las Vegas Review Journal newspaper:

';Wynn Las Vegas dealers are the highest- paid dealers in the city, averaging about $100,000 per year in salary and tip earnings. But the employees supervising dealers average about $60,000 a year in salary. ...Everybody wanted to become dealers.';

';Dealers who split tips by shifts now will share those tokes with team leaders and supervisors, who also will receive a boost in base salary. ...The result will be dealers earning an average of $90,000 annually while supervisors will be paid $95,000.';

From news article at:

reviewjournal.com/lvrj_home/…9211902.html

Wynn Las Vegas dealers make $100,000 ...soon to be $90,000

Ya know I hate to read things like that! No offense, FredM : )

I cannot stand when an employer takes from one well paid employee to counterbalance pay inequities. Why can%26#39;t Wynn just pony up and pay the supervisors their worth? How much is enough for the guys at the highest level?

Essentially the dealers (little guys) receive a 10% pay decrease. So what%26#39;s the overall outcome? The dealers will resent their supervisors %26amp; their employer. Don%26#39;t you think?

I%26#39;d never run a business that way. Happy employees are good, loyal employees.

Wynn Las Vegas dealers make $100,000 ...soon to be $90,000

Hopefully, the supervisors/floorpersons who take care of player ratings will get their cut as well. If so, I could see bribing becoming more of an issue, with tips going to both the dealers and supervisors. Players will no doubt think their tips will affect their comp ratings. Supervisors would then think more favorably of big tippers, and will be more lenient with their comp ratings. Before, the supervisors were always looking out for the house, now they may be looking out for themselves, and us as well. I like it! I hope more casinos go to this system.

i know dealers who are in this income range, took many years to achieve this level, some have been with Wynn through The Mirage, then Bellagio then Wynn - 1 recetnly went back to Bellagio, said tips at Wynn had gone down some and the work schedule at bellagio fitted in better with homelife.

HRH in its heydey was one of the best - you had to have 5+yr experience at other places before you were hired.

also know that, like evrything depending on tips, income has peaks and valleys - both short and long term - the 6 motnhs after 9-11-01 were horrible. financial planning and good money manage,ent are necessary to weather some of these off times. layoffs happen, etc

good dealers also work on days off at lower places if they need a few extra bucks. if you are good you can make a decent living - ypu must have math apptitude, good memory - not for everyone.

$90k is not exactly a little guy.

If my above scenario did occur, and comps did go up, I could see the tips actually increase and dealers make more than they did before the split. It would be win-win-win for all, or should I say a wynn-wynn-wynn.

90K is definitely a little guy in the heirarchy of casino money.

90K is a dern good salary but it%26#39;s not rich and Uncle Sam takes a mighty big chunk of it.

Here is a new question:

Now the tip people make, .....like cocktail waitress, waiter, bell boy, housekeeper, the list goes on…unless this person is so bloody honest, I’m sure most don’t claim 100% of the tip they made...cause the tip money they made are not recorded.

Now with dealers, b/c the amount the tip they get are recorded by the hotel/casino….I guess they have to claim all the tip money they made on their income tax…..or can they do some voodoo taxes…meaning that the 90K dealer actually NET more than the 90K doctor?!?

AWTY...I really appreciate your first hand take. If you go back to the previous (infamous?) 150 thread you%26#39;ll see that I posted a comment right out of the gate consistent w/ your position. That said, it appears that in this case dealers are like pro athletes. They make more than the coaches. I%26#39;m a free market guy (and a large tipper) so I have no axe to grind. Interesting to see how it plays out though. I%26#39;ll be at the Wynn in a couple weeks and I%26#39;ll give ny take.