Just one day before workers across Las Vegas are set to walk off the job, Caesars Entertainment has reached an agreement with the Union. The deal was struck after a “historic” 20 hours negotiation session between the two sides, although details have not been made public.

This does not mean that a Las Vegas strike has been averted, as there has been no announcement of an agreement reached between Union representatives and the other two operators involved. Talks with MGM Resorts and Wynn Resorts continue, but the deadline for the work stoppage is now less than 24 hours away.

Union representatives feel that the chances of working out a deal with MGM and Wynn are good, and they believe that the new agreement they have offered is quite fair. “We’re very confident that they’ll accept this deal. It is historic in nature,” said Ted Pappageorge, Union Secretary-Treasurer.

The new labor deal with Caesars is a 5-year agreement, and is good news for the bartenders, waitstaff, housekeepers, and cooks who work for the company. This should mean that the potential impact of a strike on the Formula One Las Vegas Grand Prix would be much less than before.

With the new agreement in place, Las Vegas visitors should see little to no impact from a strike at Caesars Palace, Flamingo, Harrah’s, Horseshoe, Paris, Planet Hollywood, Cromwell, or The Linq. And the current hope is that the deal struck today will serve as a road map for resolutions with the other parties.