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

Carl Ic<span id="more-3455"></span>ahn-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 new healthcare offer, or it’s off the 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 was ongoing since Friday, 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.

Action proceeded on the Independence that is normally lucrative Day and indicates no signs of abating. Organizers have actually said the program offered up by the casino’s management represents ‘a shadow’ of the healthcare great things about other Atlantic City casino workers, and that industrial action will continue for ‘as long since it takes.’

Rightsized Benefits

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

He also promised to show that debt into equity and to take a position in the property, but only if Atlantic City plus the courts granted him the short-term cessation of worker pension and medical benefits.

The courts complied, but now, with a few indications of recovery within the Atlantic City casino sector, union workers want their advantages to mirror the uptick. Industry analysts have called the seaside resort’s range 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 be rightsized, too.

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 their support for a potential president trump, whom as soon as stated that Icahn would create a great Secretary of the Treasury in their theoretical case. Icahn has not expressed any curiosity about such a position, however.

As the Trump Taj Mahal still bears the name of the presumptive GOP nominee that is presidential he no longer has any financial curiosity about the property. Trump got it in 1988, unfinished, for $230 million, but by the time it absolutely was finished in 1990, construction expenses had escalated to $1 billion.

He declared the home 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 that may have been accustomed rebuild it and provide good wages and advantages for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be running America’s economy. Then all of America’s workers are in big trouble. if that occurs,’

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 talking about odds in place of the game, an ailment he puts down to gambling that is excessive during sports broadcasts. (Image:

Australia’s pokie devices should be restricted to $1 per spin, while gambling advertising during recreations broadcasts that could be viewed by minors needs to be banned, say two influential Australian politicians.

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 is certainly cause that is increasing concern about the gambling habits of its citizens.

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

You will find five time more slot machines within the country, per capita, than there are in the US, and meanwhile, recent studies show that Australians spend more per mind on gambling than just about any country in the world; twice up to in the usa and three times up to in the UK.

In the last 12 months, the growth of gambling has outpaced the development of the Australian economy by 100 percent, 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 united kingdom, more comprehensive reforms happen opposed by the influential Clubs Australia, an industry body representing 6,500 licensed social clubs across Australia, all of which depend on revenue from gambling.

Turnbull, who had formerly supported reform, now claims it is up to your national governments of the Australia’s states and territories to decide their particular gambling guidelines. But Xenophon and Wilkie think he is fudging the issue.

‘ We will be planning for 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 in the dilemma of sports betting advertising,’ stated Xenophon in parliament this week.

‘ So many parents have approached each of us to say they are appalled their young ones are talking about … the chances of a game in the place of the overall game it self.’

Untrustworthy Regulators

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

‘The case is compelling, and it is extremely, really sad that up until now, parliamentarians have not did actually care enough about the hurt caused by problem gambling; that parliamentarians have now been pleased to be completely out of action with the majority that is vast of members associated with 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 their planned Lucky Lady Casino at the former house regarding 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 California the purveyor of all things risqué says he feels like 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 Lucky Lady Casino indication and deciding to amend tax breaks formerly afforded to the venue that is planned.

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 had been 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 whilst the Lucky Lady. Together with his Hustler Casino, Flynt now owns two card clubs within the populous city located south of Los Angeles.

The council initially said it would provide tax that is substantial to Flynt. Nevertheless, City Manager Mitch Lansdell included a provision at the eleventh hour that now states Flynt must pay $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 populous city $80.5 million in tax revenue,’ 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.’

Not Lucky

Apart from Flynt’s disappointment and anger within the council’s tax structure changes, he’s also at war with the city over their Lady that is lucky branding. Flynt’s group introduced a logo having a woman in a low-cut swimsuit with her feet draped over the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘we still believe this is offensive to ladies,’ Cerda stated. ‘For anybody who’s 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 statutory 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.’

Ultimatum Delivered

Flynt claims their 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 due to the fact two properties are lower than a mile aside.

Flynt had been ready to maneuver forward with upgrading the Normandie after the council said he would receive taxation incentives whenever his revenues exceed $2 million a month.

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

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

It’s uncertain 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 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 tiny dudes instead of this multibillion-dollar operators. (Image: European Pressphoto Agency)

Interpol arrested significantly more than 4,100 individuals and seized some $13.6 million from unlawful sports gambling rings during this summer’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 competition.

Dubbed ‘Operation SOGA VI’ and ‘Aces,’ the two stings involved over 4,000 raids by police. Illegal 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 yields massive profits for prepared crime networks which are often associated with corruption, human trafficking and money laundering,’ said Jim Anderson, associate manager of Interpol’s Anti-Corruption and Financial Crimes Unit. ‘The successes of Operations SOGA and Aces would maybe not are 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 known in the usa, is considered the most popular sport in the planet. The game is estimated to own 3.5 billion fans that earnestly view, follow, or play soccer.

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

The notorious Paul Phua made plenty of headlines in 2014 when he allegedly operated a boiler-style that is illegal network out of their villas at Caesars Palace in nevada. Though he was later acquitted as tactics employed by investigators were extremely questionable, the full case highlighted the enduring problems of illegal sports betting.

The federal government wins over 90 per cent 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 concentrating on unlawful gambling in 2007. Up to now, Interpol claims $53 million in money has been sized and over 3,400 illegal gambling dens have been halted.

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

While Interpol is patting itself regarding the back, not absolutely all experts believe the agency goes about it the right way.

‘Interpol happens to be coordinating gambling that is anti-sport in Asia for years now, always with big arrest and seizure figures 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 gambling that is online turning over billions . . . escape this attention,’ Eaton declared. ‘Small-scale and token police operations look good, but have a tendency to boost 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 america 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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