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

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 healthcare that is new, or it is 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 ny offices this week.

The strike at the Taj happens to be 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 healthcare and retirement benefits.

Action proceeded on 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 advantages 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 battle nearly all its $286 million debt as part of the purchase agreement.

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

The courts complied, but now, with a few indications of recovery into the Atlantic City casino sector, union workers want their advantages to mirror the uptick. Industry analysts have called the seaside resort’s amount of gaming houses ‘rightsized,’ following the closures of several properties over the last years that are few. Local 54 says its workers want their advantages to be rightsized, too.

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 once said that Icahn would make a great Secretary of the Treasury in his theoretical cabinet. Icahn hasn’t expressed any interest in such a position, however.

Although the Trump Taj Mahal nevertheless bears the name of this presumptive GOP nominee that is presidential he no more has any financial curiosity about the home. Trump bought it in 1988, unfinished, for $230 million, but by the right time it had been completed in 1990, construction expenses had escalated to $1 billion.

He declared the house 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 bucks which could have been used to reconstruct it and provide wages that are good benefits for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be running America’s economy. If that takes place, 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 their children dealing with chances rather than the game, a condition he puts down to gambling that is excessive during sports broadcasts. (Image:

Australia’s pokie machines should be limited by $1 per spin, while gambling advertising during recreations broadcasts that would 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 was increasing cause for concern about the gambling habits of its citizens.

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

You will find five time more slot machines in the country, per capita, than you can find in the US, and meanwhile, recent studies have shown that Australians spend more per mind on gambling than just about any country on earth; twice just as much as in america and three times up to in britain.

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

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 formerly supported reform, now says it’s up to your governments associated with Australia’s states and territories to decide unique gambling guidelines. But Xenophon and Wilkie think he’s fudging the issue.

‘ We will be arranging a entire series of measures, both in the parliament and away from parliament, to deal with the issue of gambling reform and, in particular, one issue that has resonated through the entire community and that is on the issue of sports advertising that is betting’ stated Xenophon in parliament this week.

‘ So parents that are many approached each of us to say these are typically appalled their kids are talking about … the odds of a game in place of the game it self.’

Untrustworthy Regulators

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

‘The case is compelling, and it is extremely, extremely sad that until recently, parliamentarians never have appeared to care enough about the hurt caused by problem gambling; that parliamentarians have been very happy to be entirely out of action with the the greater part associated with 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 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 second-class citizen.

Appearing before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed out at the neighborhood board for voting against his fortunate Lady Casino sign and deciding to amend tax breaks previously 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 ended up being laundered through the casino. Flynt bought the property earlier this month for an undisclosed price.

He’s planning to renovate the Normandie and rebrand it since the Lucky Lady. Together with his Hustler Casino, Flynt now owns two card clubs into the populous city located south of la.

The council initially said it would provide substantial tax breaks to Flynt. Nonetheless, City Manager Mitch Lansdell included a provision during the last minute that now states Flynt must spend $800,000 per month before any incentives apply. The City Council authorized 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 tax income,’ Flynt sternly told the panel. ‘ We saved the city from bankruptcy. We’ve been paying the city payroll . . . and I don’t think anyone did as much for the town and received so little.’

Not Too Lucky

Aside from Flynt’s frustration and anger throughout the council’s tax structure changes, he’s also at war with the town over their Lady that is lucky branding. Flynt’s group delivered a logo featuring a girl in a low-cut swimsuit with her feet draped over the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘I still believe this is unpleasant to females,’ Cerda stated. ‘For anybody who is maybe 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 legislation is on their part. Flynt referenced a landmark decision by former US Supreme Court Justice Antonin Scalia that warned governments to not try to legislate ‘taste.’

Ultimatum Delivered

Flynt says 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 rival that is former of Hustler Casino once the two properties are less than a mile apart.

Flynt had been ready to move forward with upgrading the Normandie following the council said he would receive income tax 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 proposition that just a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never heard in my own 50 many years of business, I’ve never, ever heard about a deal like that.’

It’s not clear if Lansdell and the Gardena City Council will require action to make renovating the Normandie more appealing to Flynt. The next scheduled meeting 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 betting, but the agency is being criticized by some for seeking the small guys instead of this operators that are multibillion-dollar. (Image: European Pressphoto Agency)

Interpol arrested significantly 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 law enforcement agency revealed on July 18 that it carried out two operations during the football tournament that is month-long.

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 wagers.

‘Illegal gambling produces massive profits for organized crime networks which can be linked to corruption, human trafficking and money laundering,’ stated Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes Unit. ‘The successes of Operations SOGA and Aces would perhaps not are achieved without global information sharing and the significant efforts by what the law states enforcement authorities on the bottom.’

Massively Popular, Massively Corrupt

Soccer, or soccer as it’s more commonly known in the states, is the most popular sport in the entire world. The game is estimated to have 3.5 billion fans that earnestly watch, follow, or play soccer.

Its vast appeal helps it be ideal for rogue criminal syndicates. And while soccer has a backseat to US football in 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 a boiler-style that is illegal system out of his villas at Caesars Palace in Las vegas, nevada. Though he was later acquitted as tactics employed by investigators were very questionable, the full case highlighted the enduring dangers of illegal sports 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 centering on unlawful gambling in 2007. Up to now, Interpol states $53 million in cash has been sized and over 3,400 illegal gambling dens have actually been halted.

According to Interpol, those detained had been 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 was coordinating gambling that is anti-sport in Asia for years now, always with big arrest and seizure numbers of the 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 boost the mega illegal operators by cutting out small ones.’

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

The United states 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 might not be something to celebrate.


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