13 Mar Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Must Resolve by Monday
Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a healthcare that is new, or it’s off the dining table for good. 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, strolled off the premises in protest at the loss of health care and retirement benefits.
Action proceeded over the normally profitable Independence Day festivities and has shown no indications of abating. Organizers have actually said the plan offered up by the casino’s management represents ‘a shadow’ of the medical great things about other Atlantic City casino workers, and that industrial action will continue for ‘as long since it takes.’
Carl Icahn rescued the Taj from chapter 11 bankruptcy in 2014. The billionaire raider that is corporate activist investor consented to take on the majority of its $286 million debt as an ingredient associated with the purchase agreement.
He additionally promised to make that debt into equity and to take a position within the property, but just if Atlantic City therefore the courts granted him the cessation that is temporary of retirement and health bondibet casino affiliates care advantages.
The courts complied, but now, with a few indications of recovery into the Atlantic City casino sector, union workers want their benefits to reflect the uptick. Industry analysts have called the seaside resort’s wide range of video gaming houses ‘rightsized,’ following the closures of several properties throughout the last few years. Local 54 claims its workers want their advantageous assets to too be rightsized.
Demos Outside Trump’s Ny Offices
This demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices week. Icahn has announced their support for A president that is potential trump whom as soon as stated that Icahn would produce a great Secretary of the Treasury in his theoretical case. Icahn have not expressed any fascination with such a position, however.
While the Trump Taj Mahal nevertheless bears the title for the presumptive GOP nominee that is presidential he no more has any financial fascination with the property. Trump bought it in 1988, unfinished, for $230 million, but by the time it absolutely was completed in 1990, construction expenses had escalated to $1 billion.
He declared the home bankrupt later that year, after which again in 2004, and the union nevertheless blames him for Atlantic City’s woes.
‘Both Trump and Icahn took a lot of cash out of this property, an incredible number of dollars which could have been accustomed rebuild it and provide wages that are good advantages for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be running America’s economy. If that occurs, then all of America’s workers are in trouble.’
Aussie Pols Call for $1 Pokie Limits and Ban on TV Gambling Ads
Senator Nick Xenophon said that Australia’s parents are concerned by kids talking about odds in the place of the overall game, an ailment he puts down to gambling that is excessive during sports broadcasts. (Image: interstaff.com)
Australia’s pokie machines should be restricted to $1 per spin, while gambling advertising during sports broadcasts that could be viewed by minors needs to 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 was increasing cause for concern about the gambling habits of its citizens.
The proliferation of pokies, or slots, since they are understood elsewhere, is a hugely issue that is controversial Australia, and with valid reason.
There are five time more slot devices into the country, per capita, than you can find in the US, and meanwhile, recent studies show that Australians spend more per head on gambling than just about any country in the world; twice just as much as in the usa and three times up to in the united kingdom.
The growth of gambling has outpaced the growth of the Australian economy by 100 percent, while Australians plow around AU$11 billion into pokie machines annually in the last 12 months.
An industry body representing 6,500 licensed social clubs across Australia, all of which rely on revenue from gambling while Prime Minister Malcolm Turnbull’s government has recently moved to ban in-play online betting in the country, more comprehensive reforms have been opposed by the influential clubs Australia.
Turnbull, who had previously supported reform, now says it’s up towards the governments of the Australia’s states and territories to decide unique gambling guidelines. But Xenophon and Wilkie think he could be fudging the matter.
‘ We are arranging a entire series of measures, both in the parliament and away from parliament, to deal with the matter 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’ said Xenophon in parliament this week.
‘ So many parents have approached all of us to state they have been appalled their kids are talking about … the odds of a game rather than the game it self.’
Wilkie included that the states had thus far proved themselves to be ‘untrustworthy’ regulators, which meant that there was a case that is strong federal intervention.
‘The case is compelling, also it is quite, really sad that until recently, parliamentarians haven’t seemed to care enough about the hurt caused by issue gambling; that parliamentarians were thrilled to be totally out of action with the majority that is vast of members of this community who desire 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 their planned Lady that is lucky Casino the previous 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 things risqué says he feels like a citizen that is second-class.
Showing up before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed down at the local board for voting against his fortunate Lady Casino indication and deciding to amend tax breaks formerly afforded to the venue that is planned.
As Casino.org reported in May, the Normandie Casino was closing after 75 years following the admission of guilt by the card club’s owners that money had been laundered through the casino. Flynt bought the home earlier this thirty days for an undisclosed price.
He’s planning to renovate the Normandie and rebrand it while the Lucky Lady. Along 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. Nonetheless, City Manager Mitch Lansdell included a provision at the eleventh hour that now states Flynt must spend $800,000 per month before any incentives apply. The town Council approved the noticeable change by a vote of 3-1.
‘ In the 16 years we’ve been down there, I’ve paid the city $80.5 million in income tax income,’ Flynt sternly told the panel. ‘ We saved the populous town from bankruptcy. We’ve been paying the city payroll . . . and I don’t think anyone has done as much for the populous city and received so little.’
Aside from Flynt’s disappointment and anger on the council’s tax framework changes, he’s also at war with the city over their Lady that is lucky branding. Flynt’s group introduced a logo having a girl in a swimsuit that is low-cut her legs draped over the ‘Y’ in Lucky.
Council member Tasha Cerda took offense.
‘I nevertheless believe this is unpleasant to ladies,’ Cerda stated. ‘For anybody that is not going into the casino, to see this image of a woman shaking her legs, scantily dressed, I recently don’t believe is good.’
But Flynt countered by saying the legislation is on their part. Flynt referenced a landmark choice by former US Supreme Court Justice Antonin Scalia that warned governments not to attempt to legislate ‘taste.’
Flynt says his 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 as the two properties are lower than a mile apart.
Flynt was ready to maneuver forward with upgrading the Normandie following the council said he would receive income tax incentives whenever his profits exceed $2 million per month.
Now guaranteed to be on the hook for $800,000 a flynt is walking away month.
‘A proposition that only a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never heard in my own 50 years of business, I never ever, ever been aware of a deal like that.’
It’s confusing if Lansdell and the Gardena City Council will need 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 activities wagering, but the agency is being criticized by some for pursuing the small guys instead associated with operators that are multibillion-dollar. (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 come july 1st’s 2016 UEFA European Championship (Euro 2016).
The international legislation 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 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 generates massive profits for orderly crime networks which are generally linked to corruption, human trafficking and money laundering,’ said Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes product. ‘The successes of Operations SOGA and Aces would perhaps not were achieved without global information sharing and the significant efforts by regulations enforcement authorities on the ground.’
Massively Popular, Massively Corrupt
Football, or soccer as it’s more commonly understood in the usa, is the most sport that is popular the world. The game is estimated to possess 3.5 billion fans that watch, follow actively, or play soccer.
Its vast appeal helps it be ideal for rogue criminal syndicates. And even though soccer has a backseat to football that is american the united states, it does not keep corruption at bay.
The notorious Paul Phua made a good amount of headlines in 2014 when he allegedly operated an illegal boiler-style gambling system out of his villas at Caesars Palace in nevada. Though he was later acquitted as tactics employed by investigators were highly questionable, the full case highlighted the enduring dangers of illegal sports betting.
The federal government wins over 90 per cent of the criminal cases it files, but it flopped on Phua.
‘Operation SOGA VI’ was the sixth SOGA operation performed 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 been halted.
According to Interpol, those detained were responsible for assisting $6.4 billion worth of bets.
While Interpol is patting itself on the back, not all experts believe the agency is going about it the right way.
‘Interpol has been 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 protection Integrity Director Chris Eaton said in a statement.
‘The big organized gambling that is online turning over billions . . . escape this attention,’ Eaton declared. ‘Small-scale and token police operations look good, but tend to enhance the mega illegal operators by reducing small ones.’
Eaton might have a valid point considering the FBI estimated Phua’s team had taken in $357 million in unlawful bets in 2014.
The United states Gaming Association claims People in america alone will bet nearly $139 billion illegally on sports in 2016. That is why Interpol only intercepting $6.4 billion in bets over nine years might not be one thing to celebrate.