Archive for the ‘XBlog’ Category

Japan Embarking on Countrywide Tour to spell out Casino Policies, Gain Public Support

Samstag, Februar 29th, 2020

Japan E <a href="http://stefanholtmann.de/2020/02/29/japan-embarking-on-countrywide-tour-to-spell-out-95/#more-8477" class="more-link"><span aria-label="Japan Embarking on Countrywide Tour to spell out Casino Policies, Gain Public Support weiterlesen">(mehr …)</span></a>

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

Samstag, Februar 29th, 2020

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 (mehr …)

Likelihood of Japan Passing a Casino Bill Lengthen, as Shinzo Abe’s Approval Rating Plummets

Samstag, Februar 29th, 2020

 Likeli <a href="http://stefanholtmann.de/2020/02/29/likelihood-of-japan-passing-a-casino-bill-lengthen-44/#more-8461" class="more-link"><span aria-label="Likelihood of Japan Passing a Casino Bill Lengthen, as Shinzo Abe’s Approval Rating Plummets weiterlesen">(mehr …)</span></a>

Kazuo Okada’s Manila Casino Project Could Achieve $4 Billion

Samstag, Februar 29th, 2020

Kazuo Okada’s Manila Casino Project Could Achieve $4 Billion

Kazuo Okada, the billionaire that is japanese previous buddy of Steve Wynn, desires to turn Manila into the new Macau.

Kazuo Okada, the billionaire chairman of Universal Entertainment Corp and Tiger Resorts Entertainment Inc, could be upping his investment in Manila to $4 billion, as he seeks to transform the Philippine capital’s ‚Entertainment City‘ into the new Macau.

This would represent Okada’s https://rubetting.club biggest investment of all time, said Takahiro Usui, COO of Tiger Resorts this week.

Usui also revealed that the fresh fruit of this investment, a 993-room resort and casino resort scheduled to start in November, includes a name that is new. The project previously known as ‚Manila Bay Resorts‘ has become ‚Okada Manila,‘ which suggests the gaming that is japanese has learned a thing or two from his previous business partner-turned-foe Steve Wynn, and associated with the value of plastering your name across the front side of a casino.

Wynn Feud

Okada had been a Wynn Resorts executive and a major shareholder in the company, until he was ousted in 2012. The 73-year-old businessman that is japanese whom made his fortune manufacturing Pachinko machines, had initially anticipated his old buddy Wynn in the future up to speed with all the Manila project when he received a video gaming permit there in 2008.

Okada had bailed Wynn out to the tune of $455 million to greatly help finance the completion of Wynn Las Vegas and Wynn Maca (mehr …)