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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 healthcare offer, or it is 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 ny offices this week.

The strike during the Taj happens to be ongoing since 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 friday.

Action proceeded over the Independence that is normally lucrative Day and has shown no indications of abating. Organizers have said the program offered up by the casino’s management represents ‘a shadow’ of the medical benefits of 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 agreed to defend myself against nearly all its $286 million debt as an ingredient associated with the purchase agreement.

He also promised to make that debt into equity and to invest into the property, but only if Atlantic City as well as the courts granted him the cessation that is temporary of retirement and healthcare benefits.

The courts complied, but now, with some signs of recovery into the Atlantic City casino sector, union workers want their advantageous assets to mirror the uptick. Industry analysts have called the seaside resort’s wide range of gaming houses ‘rightsized,’ following the closures of several properties on the last years that are few. Local 54 claims its workers want their benefits 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 his support for A president that is potential trump who when said that Icahn would make a great Secretary of the Treasury in his theoretical case. Icahn hasn’t expressed any interest in such a position, however.

Even though the Trump Taj Mahal still bears the name of this presumptive GOP nominee that is presidential he not any longer has any financial curiosity about the property. Trump bought it in 1988, unfinished, for $230 million, but by the right time it turned out finished in 1990, construction costs 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 plenty of cash out of this property, an incredible number of dollars which could have been used to 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 operating 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 kids talking about chances as opposed to 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 limited to $1 per spin, while gambling advertising during recreations broadcasts that might be viewed by minors must 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 is certainly cause https://rubetting.club that is increasing concern about the gambling habits of its citizens.

The proliferation of pokies, or slots, as they are known elsewhere, is a hugely controversial issue in Australia, sufficient reason for good reason.

There are five time more slot machines into the country, per capita, than you can find in america, and meanwhile, recent studies demonstrate that Australians spend more per mind on gambling than just about any country on the planet; twice just as much as in america and three times as much as 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.

Turnbull U-turn

While Prime Minister Malcolm Turnbull’s government has moved to ban in-play online betting in the country, more comprehensive reforms are opposed 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 formerly supported reform, now claims it is up towards the national governments for the Australia’s states and territories to decide their very own gambling regulations. But Xenophon and Wilkie think he is fudging the problem.

‘ We are arranging a whole series of measures, both in the parliament and outside of the parliament, to deal with the issue of gambling reform and, in particular, one issue that has resonated throughout the community and that is in the dilemma of sports advertising that is betting’ said Xenophon in parliament this week.

‘ So parents that are many approached most of us to say they have been appalled their children are talking about … the chances of a game as opposed to the game itself.’

Untrustworthy Regulators

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

‘The case is compelling, plus it is very, really sad that until recently, parliamentarians have not seemed to care enough about the hurt caused by issue gambling; that parliamentarians are pleased to be entirely out of step with the vast majority of the members for the 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 isn’t laughing at Larry Flynt’s logo for their planned Lady that is lucky Casino the previous home 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 Ca the purveyor of all things risqué says he feels as though a second-class citizen.

Showing up before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed out at the area board for voting against his happy Lady Casino sign 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 house earlier this thirty days for an undisclosed price.

He’s planning to renovate the Normandie and rebrand it once the Lucky Lady. Along with his Hustler Casino, Flynt now owns two card clubs in the city located south of Los Angeles.

The council at first said it would provide tax that is substantial to Flynt. However, City Manager Mitch Lansdell added a supply at the minute that is last now states Flynt must pay $800,000 30 days before any incentives apply. The City Council approved the 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 taxation income,’ Flynt sternly told the panel. ‘ We saved the populous city from bankruptcy. We’ve been paying the city payroll . . . and I don’t think anyone did as much for the city and received so little.’

Not Lucky

Aside from Flynt’s frustration and anger throughout the council’s tax structure changes, he’s also at war with the town over his Lady that is lucky branding. Flynt’s team provided a logo featuring a woman in a swimsuit that is low-cut her legs draped across the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘I nevertheless believe this is unpleasant 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 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 not to ever make an effort to legislate ‘taste.’

Ultimatum Delivered

Flynt claims his plans to invest $60 million into the Normandie over the next four years are now being placed on hold. The card club is a former rival of this Hustler Casino while the two properties are less than a mile apart.

Flynt ended up being ready to go forward with upgrading the Normandie following the council said he would receive 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 just a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never ever heard in my 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 takes action to make renovating the Normandie more appealing to Flynt. The next scheduled meeting is July 26.

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

Interpol is continuing its crusade against illegal activities betting, but the agency is being criticized by some for going after the small dudes instead of this 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 early july’s 2016 UEFA championship that is europeanEuro 2016).

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

Dubbed ‘Operation SOGA VI’ and ‘Aces,’ the 2 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 produces massive profits for prepared crime networks which can be connected to corruption, human trafficking and money laundering,’ stated Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes device. ‘The successes of Operations SOGA and Aces would maybe not are achieved without global information sharing and the significant efforts by the law enforcement authorities on the floor.’

Massively Popular, Massively Corrupt

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

Its vast appeal causes it to be ideal for rogue criminal syndicates. And even though soccer takes a backseat to football that is american the usa, it generally 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 network out of his villas at Caesars Palace in Las Vegas. Though he was later on acquitted as tactics utilized by investigators were very questionable, the instance highlighted the enduring potential risks of illegal recreations 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 SOGA that is sixth operation by Interpol since it began emphasizing criminal gambling in 2007. To date, Interpol says $53 million in cash has been sized and over 3,400 illegal gambling dens have been halted.

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

While Interpol is patting itself on the back, not all experts believe the agency is certainly going 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 easy-to-detect smaller street operators,’ International Centre for Sport Security Integrity Director Chris Eaton said in a statement.

‘The big organized online gambling operators 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 eliminating small ones.’

Eaton may have a valid point considering the FBI estimated Phua’s team had taken in $357 million in unlawful bets in 2014.

The American Gaming Association claims Us citizens alone will bet nearly $139 billion illegally on sports in 2016. That’s why Interpol only intercepting $6.4 billion in bets over nine years may not be one thing to commemorate.

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