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

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 new healthcare offer, or it’s off the 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 at 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 healthcare and pension benefits.

Action proceeded over the Independence that is normally lucrative Day and shows no indications of abating. Organizers have actually said the plan offered up by the casino’s management represents ‚a shadow‘ of the healthcare benefits of other Atlantic City casino workers, and that industrial action shall continue for ‚as long since it takes.‘

Rightsized Benefits

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

He also promised to turn that debt into equity and to get within the property, but just if Atlantic City plus the courts granted him the temporary cessation of worker pension and healthcare benefits.

The courts complied, but now, with some signs 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 amount of video gaming houses ‚rightsized,‘ following the closures of several properties over the last few years. Local 54 says its workers want their advantages to too be rightsized.

Demos Outside Trump’s Nyc Offices

This week, demonstrators headed for new york, and chants were heard outside of Donald Trump’s Manhattan offices. Icahn has announced his support for a potential president trump, who once said that Icahn would make a great Secretary of the Treasury in his theoretical cabinet. Icahn has not expressed any fascination with such a position, however.

Even though the Trump Taj Mahal still bears the title associated with the presumptive GOP nominee that is presidential he not any longer has any financial interest in the home. Trump purchased in 1988, unfinished, for $230 million, but by the right time it turned out finished in 1990, construction expenses had escalated to $1 billion.

He declared the property 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 lots of cash using this property, millions of bucks which could have been accustomed 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 some trouble. if that takes place,‘

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

Senator Nick Xenophon said that Australia’s parents are concerned by kids referring to odds in place of the overall game, a disorder he puts down to extortionate gambling marketing during sports broadcasts. (Image: interstaff.com)

Australia’s pokie machines should be restricted to $1 per spin, while gambling advertising during activities broadcasts that might be viewed by minors must certanly be banned, say two influential Australian politicians.

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 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 controversial issue in Australia, and with good reason.

You can find five time more slot devices into the country, per capita, than there are in the usa, and meanwhile, recent studies show that Australians spend more per mind on gambling than any other country worldwide; twice as much as in america and three times up to in britain.

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

Turnbull U-turn

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 states it is up to the governments associated with Australia’s states and territories to decide their gambling regulations. But Xenophon and Wilkie believe he could be fudging the matter.

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

‚ So many moms and dads have actually approached all of us to say they have been appalled their young ones are talking about … the chances of a game instead of the game itself.‘

Untrustworthy Regulators

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

‚The case is compelling, plus it is extremely, extremely sad that up until now, parliamentarians have not appeared to care enough about the hurt caused by issue gambling; that parliamentarians have already been thrilled to be totally out of step with the the greater part regarding the members associated with community who want 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 Lucky Lady Casino at the previous home of this 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 is like a citizen that is second-class.

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

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

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 l . a ..

The council at first said it would provide substantial tax breaks to Flynt. However, City Manager Mitch Lansdell included a provision during the eleventh hour that now states Flynt must pay $800,000 30 days before any incentives apply. The town Council approved the modification by a vote of 3-1.

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

Not So Lucky

Aside from Flynt’s disappointment and anger throughout the council’s tax framework changes, he’s also at war with the city over his Lucky Lady branding. Flynt’s group offered a logo featuring a woman in a low-cut swimsuit with her legs draped across the ‚Y‘ in Lucky.

Council member Tasha Cerda took offense.

‚I nevertheless believe this is offensive to women,‘ 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 think is good.‘

But Flynt countered by saying the law is on his part. Flynt referenced a landmark choice by former US Supreme Court Justice Antonin Scalia that warned governments to not make an effort to legislate ‚taste.‘

Ultimatum Delivered

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

Flynt was ready to go forward with upgrading the Normandie after the council said he would receive taxation 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 just a fool could sign, and I’m no fool,‘ Flynt said. ‚I’ve never heard within my 50 many years of business, I never, ever heard about a deal like that.‘

It’s ambiguous if Lansdell and the Gardena City Council will require action to make renovating the Normandie more attractive to Flynt. The next scheduled meeting is July 26.

Interpol Arrests Over 4,000 Individuals involved with Illegal Betting During Euro 2016 Football Tournament

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

Interpol arrested more than 4,100 individuals and seized some $13.6 million from illegal sports gambling rings during this summer’s 2016 UEFA European Championship (Euro 2016).

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

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 planned 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 зеркало 1xbet (1хбет) bkinfo-18 site device. ‚The successes of Operations SOGA and Aces would perhaps not happen achieved without global information sharing and the significant efforts by regulations enforcement authorities on the floor.‘

Massively Popular, Massively Corrupt

Football, or soccer as it’s more commonly known in the states, is considered the most sport that is popular the planet. The game is estimated to have 3.5 billion fans that actively watch, follow, or play soccer.

Its vast appeal makes it ideal for rogue criminal syndicates. And while soccer has a backseat to US football in the US, it doesn’t keep corruption at bay.

The notorious Paul Phua made a lot of headlines in 2014 when he presumably operated a boiler-style that is illegal community out of his villas at Caesars Palace in nevada. Though he was later on acquitted as tactics used by investigators were very questionable, the instance highlighted the enduring problems 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 emphasizing unlawful gambling in 2007. To date, Interpol claims $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 it self in the back, not totally all specialists believe the agency is going about it the right way.

‚Interpol is coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure numbers regarding the easy-to-detect smaller street operators,‘ International Centre for Sport safety 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 police that is token look good, but have a tendency to enhance the mega illegal operators by reducing the smaller 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 Americans 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 may possibly not be something to celebrate.

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