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

Carl Ic<span id="more-11988"></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 healthcare that is new, or it is off the dining table once and for all. That’s the word this week from the Atlantic City casino’s owner, Icahn Enterprises.

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 is 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 medical and retirement benefits.

Action proceeded over the normally lucrative Independence Day parties and shows no signs of abating. Organizers have said the program offered up by the casino’s management represents ‘a shadow’ of the healthcare benefits of other Atlantic City casino workers, and that industrial action will continue for ‘as long as 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 the majority of its $286 million debt as part of this purchase agreement.

He also promised to turn that debt into equity and to invest within the property, but only if Atlantic City while the courts granted him the cessation that is temporary of pension and health care benefits.

The courts complied, but now, with a few indications of recovery into the Atlantic City casino sector, union workers want their benefits to mirror 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 Ny Offices

This demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices week. Icahn has declared his support for A president that is potential trump whom as soon as stated that Icahn would make a great Secretary of the Treasury in his theoretical cabinet. Icahn hasn’t expressed any fascination with such a position, however.

Even though the Trump Taj Mahal still bears the name for the presumptive GOP presidential nominee, he no longer has any financial curiosity about the home. Trump bought it in 1988, unfinished, for $230 million, but by the right time it had been finished in 1990, construction costs had escalated to $1 billion.

He declared the house bankrupt later that year, and then again in 2004, and the union nevertheless blames him for Atlantic City’s woes.

‘Both Trump and Icahn took plenty of cash out of this property, an incredible number of bucks that could have been used to reconstruct it and provide good wages and advantages for workers,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be operating 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 advertisements

Senator Nick Xenophon said that Australia’s parents are concerned by kids speaing frankly about odds rather than the overall game, an ailment he puts down to exorbitant gambling marketing during sports broadcasts. (Image: interstaff.com)

Australia’s pokie machines should be limited to $1 per spin, while gambling advertising during sports broadcasts that would be viewed by minors must certanly be banned, say two influential politicians that are australian.

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

The proliferation of pokies, or slots, as they are known somewhere else, is a hugely issue that is controversial Australia, and with justification.

You will find five time more slot devices within the country, per capita, than there are in the US, and meanwhile, recent studies show that Australians spend more per head on gambling than any other country on earth; twice around in the usa and three times as much as in the united kingdom.

In the last year, the growth of gambling has outpaced the growth of the Australian economy by 100 percent, 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 formerly supported reform, now states it is up towards the national governments of this Australia’s states and territories to decide unique gambling guidelines. But Xenophon and Wilkie think he’s fudging the issue.

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

‘ So many moms and dads have approached each of us to state they truly are appalled their kids are chatting about … the odds of a game instead of the game it self.’

Untrustworthy Regulators

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

‘The case is compelling, and it is very, really sad that until recently, parliamentarians haven’t appeared to care enough about the hurt caused by issue gambling; that parliamentarians were happy to be entirely out of step with the majority that is vast of members of the community who would like strong reform,’ said 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 his planned Lady that is lucky Casino the previous house of 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 things risqué says he is like a second-class resident.

Showing up before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed away at the area board for voting against his happy Lady Casino sign and deciding to amend tax breaks formerly afforded to the planned venue.

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 month for a price that is undisclosed.

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

The council at first said it would provide substantial income tax breaks to Flynt. Nonetheless, bondibet casino free spins City Manager Mitch Lansdell included a supply at the minute that is last now states Flynt must pay $800,000 30 days before any incentives apply. The town Council authorized the noticeable change by a vote of 3-1.

‘ In the 16 years we have been down there, i have paid the city $80.5 million in income tax income,’ Flynt sternly told the panel. ‘ We saved the populous city from bankruptcy. We’ve been paying the city payroll . . . and I do not think anyone did just as much for the town and received so little.’

Not Too Lucky

Apart from Flynt’s frustration and anger on the council’s tax framework changes, he’s also at war with the town over his Lucky Lady branding. Flynt’s team provided a logo having a girl in a low-cut swimsuit with her feet 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 simply do not think is good.’

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

Ultimatum Delivered

Flynt claims their plans to invest $60 million into the Normandie over the next four years are increasingly being placed on hold. The card club is a former rival of the Hustler Casino because the two properties are not as much as a mile apart.

Flynt ended up being ready to move forward with upgrading the Normandie following the council said he would receive taxation incentives when 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 we’m no fool,’ Flynt said. ‘I’ve never heard in my own 50 several years of business, I’ve never, ever heard of a deal like that.’

It’s ambiguous if Lansdell and the Gardena City Council takes action to make renovating the Normandie more appealing to Flynt. The following 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 wagering, but the agency is being criticized by some for pursuing the small guys instead of the multibillion-dollar operators. (Image: European Pressphoto Agency)

Interpol arrested a lot more than 4,100 individuals and seized some $13.6 million from unlawful sports gambling rings during come early july’s 2016 UEFA championship that is europeanEuro 2016).

The international legislation enforcement agency revealed 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 wagers.

‘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 Unit. ‘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

Soccer, or soccer as it’s more commonly understood in the usa, is considered the most sport that is popular the planet. The game is estimated to possess 3.5 billion fans that actively view, follow, or play soccer.

Its vast appeal causes it to be ideal for rogue criminal syndicates. And while soccer requires a backseat to football that is american the united states, 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 their villas at Caesars Palace in Las Vegas. Though he was later on acquitted as tactics used by investigators were extremely questionable, the instance highlighted the enduring potential risks 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 targeting criminal gambling in 2007. Up to now, Interpol states $53 million in cash has been sized and over 3,400 gambling that is illegal have actually been halted.

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

While Interpol is patting itself on the straight back, not absolutely all professionals believe the agency goes about it the right way.

‘Interpol happens to be coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure numbers of this easy-to-detect smaller street operators,’ International Centre for Sport protection 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 reducing the smaller 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 People in the us 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 possibly not be something to commemorate.