Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Should Resolve by Monday

Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Should Resolve by Monday Workers picketing the Trump Taj Mahal have actually until 5 pm ET on Monday, July 18 to accept a healthcare that is new, or it’s off the dining table once and for all. That’s the word this from the Atlantic City […]

Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Should Resolve by Monday

Workers picketing the Trump Taj Mahal have actually until 5 pm ET on Monday, July 18 to accept a healthcare that is new, or it’s off the dining table once and for all. That’s the word this from the Atlantic City casino’s owner, Icahn Enterprises week.

Striking union workers outside the Trump Taj Mahal in Atlantic City also demonstrated outside Donald Trump’s nyc offices this week.

The strike during the Taj happens to be ongoing since July 1, when around 1,000 bar staff, chefs, porters, and cleaners, organized by Local 54 of the Unite-HERE union, walked off the premises in protest at the loss of healthcare and pension benefits friday.

Action proceeded over the normally lucrative Independence Day celebrations and shows no signs of abating. Organizers have said the plan offered up by the casino’s management represents ‘a shadow’ of the health care advantages of other Atlantic City casino workers, and that industrial action shall continue for ‘as long as it takes.’

Rightsized Benefits

Carl Icahn rescued the Taj from chapter 11 bankruptcy in 2014. The billionaire corporate raider and activist investor agreed to take on nearly all its $286 million debt as an ingredient associated with purchase agreement.

He also promised to show that debt into equity and to take a position into the property, but just if Atlantic City therefore the courts granted him the cessation that is temporary of retirement and health care benefits.

The courts complied, but now, with a few indications of recovery in the Atlantic City casino sector, union workers want their advantages to mirror the uptick. Industry analysts have called the seaside resort’s number of gaming houses ‘rightsized,’ following the closures of several properties within the final few years. Local 54 claims its workers want their advantageous assets to too be rightsized.

Demos Outside Trump’s New York Offices

This demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices week. Icahn has announced his support for a potential president trump, whom as soon as stated that Icahn would produce a great Secretary of the Treasury in their theoretical cabinet. Icahn have not expressed any curiosity about such a position, however.

Even though the Trump Taj Mahal still bears the name regarding the presumptive GOP presidential nominee, he not any longer has any financial interest in the зеркало 1xbet home. Trump got it in 1988, unfinished, for $230 million, but by the right time it absolutely was finished in 1990, construction costs had escalated to $1 billion.

He declared the house bankrupt later that and then again in 2004, and the union still blames him for Atlantic City’s woes year.

‘Both Trump and Icahn took plenty of cash from this property, an incredible number of bucks that could have been used to reconstruct it and provide wages that are good advantages for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be operating America’s economy. Then all of America’s workers are in trouble. if that happens,’

Aussie Pols Call for $1 Pokie Limits and Ban on TV Gambling adverts

Senator Nick Xenophon said that Australia’s parents are concerned by kids discussing odds instead of the game, a condition he puts down to extortionate gambling advertising during sports broadcasts. (Image:

Australia’s pokie machines should be limited to $1 per spin, while gambling advertising during sports broadcasts that would be viewed by minors must certanly be banned, say two influential politicians that are australian.

Longtime gambling opponents Senator Nick Xenophon and Tasmanian separate MP Andrew Wilkie are demanding tighter regulation of Australia’s gambling industry, in a country where there is certainly increasing cause for concern about the gambling habits of its citizens.

The proliferation of pokies, or slots, since they are understood somewhere else, is a hugely issue that is controversial Australia, and with good reason.

There are five time more slot machines into the country, per capita, than you will find in the US, and meanwhile, recent studies demonstrate that Australians spend more per mind on gambling than other country worldwide; twice around in the usa and three times just as much as in the UK.

In the last 12 months, the growth of gambling has outpaced the growth of the Australian economy by 100 %, while Australians plow around AU$11 billion into pokie machines annually.

Turnbull U-turn

While Prime Minister Malcolm Turnbull’s government has moved to ban in-play online betting in the country, more comprehensive reforms are opposed by the influential Clubs Australia, an industry body representing 6,500 licensed social clubs across Australia, all of which rely on revenue from gambling.

Turnbull, who had previously supported reform, now claims it is up to the governments regarding the Australia’s states and territories to decide unique gambling legislation. But Xenophon and Wilkie think he is fudging the issue.

‘ We will be planning a whole series of measures, both in the parliament and outside the parliament, to deal with the problem of gambling reform and, in particular, one issue that has resonated through the community and that is on the issue of sports advertising that is betting’ stated Xenophon in parliament this week.

‘ So many parents have approached every one of us to state they’ve been appalled their children are chatting about … the odds of a game as opposed to the game it self.’

Untrustworthy Regulators

Wilkie included that the states had so far proved themselves to be ‘untrustworthy’ regulators, which suggested that there was a case that is strong federal intervention.

‘The case is compelling, also it is very, very sad that until recently, parliamentarians have not did actually care enough about the hurt caused by problem gambling; that parliamentarians have now been pleased to be completely away from action with the vast majority regarding the members of the community who would like strong reform,’ stated Wilkie.

Larry Flynt Scolds Gardena City Council Over Casino Signage and Last-Minute Tax Provision

The Gardena City Council is not laughing at Larry Flynt’s logo for his planned Lucky Lady Casino at the former house associated with the Normandie card club in California. (Image: Rex Features/Associated Press)

Larry Flynt has more money than 99.9 percent of US citizens, but in his home state of Ca the purveyor of all things risqué says he feels as though a citizen that is second-class.

Appearing before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed away at the local board for voting against his fortunate Lady Casino sign and deciding to amend tax breaks formerly afforded to the venue that is planned.

The Normandie Casino ended up being closing after 75 years following the admission of guilt by the card club’s owners that money was laundered through the casino as reported in May. Flynt bought the property earlier this month for an undisclosed price.

He’s planning to renovate the Normandie and rebrand it since the Lucky Lady. Along with his Hustler Casino, Flynt now owns two card clubs in the populous city located south of la.

The council initially said it would provide substantial income tax breaks to Flynt. Nevertheless, City Manager Mitch Lansdell included a provision during the minute that is last now states Flynt must pay $800,000 per month before any incentives apply. The town Council approved the change by a vote of 3-1.

‘ In the 16 years we’ve been down there, I’ve paid the populous city $80.5 million in tax income,’ Flynt sternly told the panel. ‘ We saved the town from bankruptcy. We have been paying the populous city payroll . . . and I don’t think anyone has done as much for the city and received so little.’

Not Too Lucky

Aside from Flynt’s dissatisfaction and anger over the council’s tax framework changes, he’s also at war with the town over his Lady that is lucky branding. Flynt’s group delivered a logo featuring a girl in a swimsuit that is low-cut her feet draped across the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘we still believe this is offensive to females,’ Cerda stated. ‘For anybody who’s maybe not going into the casino, to see this image of a woman shaking her legs, scantily dressed, I just don’t believe is good.’

But Flynt countered by saying the legislation is on their part. Flynt referenced a landmark decision by former US Supreme Court Justice Antonin Scalia that warned governments not to ever attempt to legislate ‘taste.’

Ultimatum Delivered

Flynt says his plans to invest $60 million into the Normandie over the next four years are increasingly being placed on hold. The card club is a rival that is former of Hustler Casino because the two properties are lower than a mile aside.

Flynt had been ready to move forward with upgrading the Normandie after the council said he would receive income tax incentives when his profits surpass $2 million 30 days.

Now guaranteed to be on the hook for $800,000 a flynt is walking away month.

‘A proposal that just a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never heard in my 50 years of business, i have never ever, ever heard about a deal like that.’

It’s unclear if Lansdell and the Gardena City Council will take action to make renovating the Normandie more attractive to Flynt. The following meeting that is scheduled July 26.

Interpol Arrests Over 4,000 Individuals taking part in Illegal Betting During Euro 2016 Football Tournament

Interpol is continuing its crusade against illegal recreations wagering, but the agency is being criticized by some for seeking the little dudes instead of the multibillion-dollar operators. (Image: European Pressphoto Agency)

Interpol arrested a lot more than 4,100 individuals and seized some $13.6 million from illegal sports gambling rings during this summer’s 2016 UEFA championship that is europeanEuro 2016).

The international law enforcement agency unveiled on July 18 that it carried out two operations during the month-long football tournament.

Dubbed ‘Operation SOGA VI’ and ‘Aces,’ the 2 stings involved over 4,000 raids by police. Prohibited gambling operators were targeted in China, France, Greece, Italy, Malaysia, Singapore, Thailand, Vietnam, Cambodia, Southern Korea, and the Philippines.

Interpol believes those apprehended handled $649 million in bets.

‘Illegal gambling produces massive profits for orderly crime networks which are generally connected to corruption, human trafficking and money laundering,’ said Jim Anderson, associate manager of Interpol’s Anti-Corruption and Financial Crimes product. ‘The successes of Operations SOGA and Aces would not have already been achieved without global information sharing and the significant efforts by the law enforcement authorities on the ground.’

Massively Popular, Massively Corrupt

Soccer, or soccer as it’s more commonly known in the states, is the most sport that is popular the entire world. The game is estimated to have 3.5 billion fans that actively view, follow, or play soccer.

Its appeal that is vast makes ideal for rogue criminal syndicates. And while soccer requires a backseat to American football in the usa, it generally does not keep corruption at bay.

The notorious Paul Phua made a great amount of headlines in 2014 when he allegedly operated an illegal boiler-style gambling network out of his villas at Caesars Palace in Las Vegas. Though he was later acquitted as tactics utilized by investigators were very questionable, the case highlighted the enduring potential risks of illegal activities betting.

The federal government wins over 90 percent of the criminal cases it files, but it flopped on Phua.

Ongoing Problem

‘Operation SOGA VI’ was the SOGA that is sixth operation by Interpol since it began concentrating on criminal gambling in 2007. Up to now, Interpol says $53 million in money has been sized and over 3,400 gambling that is illegal have actually been halted.

According to Interpol, those detained had been responsible for facilitating $6.4 billion worth of bets.

While Interpol is patting it self in the back, only a few professionals believe the agency is certainly going about it the way that is right.

‘Interpol was coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure figures of the easy-to-detect smaller street operators,’ International Centre for Sport protection Integrity Director Chris Eaton said in a statement.

‘The big organized online gambling operators turning over billions . . . escape this attention,’ Eaton declared. ‘Small-scale and token police operations look good, but have a tendency to enhance the mega illegal operators by reducing small ones.’

Eaton could have a valid point considering the FBI estimated Phua’s team had taken in $357 million in illegal bets in 2014.

The American Gaming Association claims People in the us alone will bet nearly $139 billion illegally on sports in 2016. This is exactly why Interpol just intercepting $6.4 billion in bets over nine years may not be something to celebrate.


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