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 until 5 pm ET on Monday, July 18 to accept a brand new medical offer, 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 has been ongoing since Friday, July 1, when around 1,000 bar staff, chefs, porters, and cleaners, organized by Local 54 of the Unite-HERE union, stepped off the premises in protest at the loss of health care and pension benefits.

Action continued over the normally lucrative Independence Day festivities and has shown 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 part associated with purchase agreement.

He additionally promised to show that debt into equity and to get in the property, but only if Atlantic City and the courts granted him the cessation that is temporary of pension and medical advantages.

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

Demos Outside Trump’s New York Offices

This week, demonstrators headed for new york, and chants were heard outside of Donald Trump’s Manhattan offices. Icahn has declared his support for A president that is potential trump whom when said that Icahn would produce a great Secretary of the Treasury in their theoretical case. Icahn hasn’t expressed any fascination with such a position, however.

While the Trump Taj Mahal still bears the title of this presumptive GOP nominee that is presidential he not any longer has any financial fascination with the home. Trump bought it in 1988, unfinished, for $230 million, but by the time it had been finished in 1990, construction expenses had escalated to $1 billion.

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

‚Both Trump and Icahn took a lot of cash from this property, an incredible number of bucks that could have been used to rebuild it and provide wages that are good advantages for workers,‘ union spokesman Ben Begleiter told the Associated Press. ‚Now Trump thinks Icahn should be running America’s economy. If that happens, then all of America’s workers are in trouble.‘

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

Senator Nick Xenophon said that Australia’s parents are concerned by their children speaking about odds instead of the game, a condition he puts down to gambling that is excessive during sports broadcasts. (Image:

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

Longtime gambling opponents Senator Nick Xenophon and Tasmanian independent MP Andrew Wilkie are demanding tighter regulation of Australia’s gambling industry, in a country where there clearly was cause that is increasing 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, sufficient reason for good reason.

You can find five time more slot machines within the country, per capita, than you can find in america, and meanwhile, recent studies have shown that Australians spend more per mind on gambling than virtually any country worldwide; twice as much as in the US and three times just as much as in britain.

In the last year, the growth of gambling has outpaced the development of the Australian economy by 100 %, while Australians plow around AU$11 billion into pokie devices 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 have already been compared by the influential Clubs Australia, an industry body representing 6,500 licensed social clubs across Australia, all of which count on revenue from gambling.

Turnbull, who had previously supported reform, now says it’s up to your governments associated with Australia’s states and territories to decide unique gambling legislation. But Xenophon and Wilkie believe he’s fudging the issue.

‚ We will be planning a entire series of measures, both in the parliament and beyond your parliament, to deal with the issue of gambling reform and, in particular, one issue that has resonated through the community and that is in the dilemma of sports advertising that is betting‘ said Xenophon in parliament this week.

‚ So many parents have approached every one of us to state they have been appalled their young ones are chatting about … the odds of a game in place of the game it self.‘

Untrustworthy Regulators

Wilkie included that the states had so far shown themselves to be ‚untrustworthy‘ regulators, which designed that there was a strong case for federal intervention.

‚The case is compelling, and it is extremely, really sad that until recently, parliamentarians haven’t did actually care enough about the hurt caused by problem gambling; that parliamentarians are very happy to be completely out of action with the majority that is vast of members of the community who want strong reform,‘ said Wilkie.

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

The Gardena City Council isn’t laughing at Larry Flynt’s logo for their planned Lucky Lady Casino at the former home of 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 зеркало 1xbet (1хбет) bk-info32 online the purveyor of things risqué says he feels as though a second-class resident.

Showing up before the Gardena City Council on July 12, the ‚Hustler‘ publisher lashed away at the local board for voting against his Lucky Lady Casino indication and deciding to amend tax breaks formerly afforded to the planned location.

As reported in May, the Normandie Casino was closing after 75 years following the admission of guilt by the card club’s owners that money ended up being laundered through the casino. Flynt bought the house earlier this thirty days for a price that is undisclosed.

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

The council initially said it would provide tax that is substantial to Flynt. However, City Manager Mitch Lansdell included a supply at the minute that is last now states Flynt must spend $800,000 a month before any incentives apply. The City Council authorized the change by a vote of 3-1.

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

Not Too Lucky

Aside from Flynt’s dissatisfaction and anger over the council’s tax structure changes, he’s also at war with the city over their Lucky Lady branding. Flynt’s team provided a logo featuring a woman in a swimsuit that is low-cut her feet draped over the ‚Y‘ in Lucky.

Council member Tasha Cerda took offense.

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

But Flynt countered by saying the statutory law is on their side. Flynt referenced a landmark choice by former US Supreme Court Justice Antonin Scalia that warned governments to not attempt to legislate ‚taste.‘

Ultimatum Delivered

Flynt claims their plans to invest $60 million into the Normandie over the next four years are being put on hold. The card club is a rival that is former of Hustler Casino once the two properties are significantly less than a mile apart.

Flynt had been ready to go forward with upgrading the Normandie after the council said he would receive income tax incentives when his revenues exceed $2 million per month.

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

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

It’s unclear if Lansdell and the Gardena City Council takes action to make renovating the Normandie more attractive to Flynt. The next scheduled conference is July 26.

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

Interpol is continuing its crusade against illegal sports betting, but the agency is being criticized by some for pursuing the tiny guys instead of the operators that are multibillion-dollar. (Image: European Pressphoto Agency)

Interpol arrested significantly more than 4,100 individuals and seized some $13.6 million from illegal sports gambling rings during come early july’s 2016 UEFA championship that is europeanEuro 2016).

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

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

Interpol believes those apprehended handled $649 million in bets.

‚Illegal gambling yields massive profits for orderly crime networks which are often linked to corruption, human trafficking and money laundering,‘ said Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes device. ‚The successes of Operations SOGA and Aces would maybe not were achieved without global information sharing and the significant efforts by regulations enforcement authorities on the bottom.‘

Massively Popular, Massively Corrupt

Soccer, or soccer as it’s more commonly understood in the us, is considered the most sport that is popular the planet. The game is estimated to own 3.5 billion fans that watch, follow actively, or play soccer.

Its vast appeal makes it ideal for rogue criminal syndicates. Even though soccer requires a backseat to football that is american the US, it generally does not keep corruption at bay.

The notorious Paul Phua made an abundance of headlines in 2014 when he allegedly operated an illegal boiler-style gambling network out of his villas at Caesars Palace in vegas. Though he was later acquitted as tactics utilized by investigators were extremely questionable, the instance highlighted the enduring potential risks of illegal sports betting.

The government that is federal over 90 % of the criminal cases it files, but it flopped on Phua.

Ongoing Problem

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

According to Interpol, those detained were responsible for assisting $6.4 billion worth of bets.

While Interpol is patting it self regarding the straight back, not totally all professionals believe the agency goes about it the way that is right.

‚Interpol was coordinating gambling that is anti-sport in Asia for years now, always with big arrest and seizure numbers associated with the easy-to-detect smaller street operators,‘ International Centre for Sport safety Integrity Director Chris Eaton said in a declaration.

‚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 cutting out the smaller ones.‘

Eaton may have a point that is valid the FBI estimated Phua’s team had taken in $357 million in unlawful 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 only intercepting $6.4 billion in bets over nine years is probably not something to celebrate.

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