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

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Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a healthcare that is new, or it’s off the 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 nyc offices this week.

The strike at the Taj has been 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 continued over the normally profitable Independence Day festivities and shows no indications of abating. Organizers have said the program offered up by the casino’s management represents ‘a shadow’ of the health care 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 nearly all its $286 million debt as part regarding the purchase agreement.

He additionally promised to make that debt into equity and to invest within the property, but just if Atlantic City plus the courts granted him the cessation that is temporary of pension and medical benefits.

The courts complied, but now, with some signs of recovery in the Atlantic City casino sector, union workers want their advantages to mirror the uptick. Industry analysts have called the seaside resort’s number of gaming houses ‘rightsized,’ following the closures of several properties on the final years that are few. Local 54 claims its workers want their benefits to too be rightsized.

Demos Outside Trump’s Nyc Offices

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

Although the Trump Taj Mahal nevertheless bears the name of this presumptive GOP nominee that is presidential he not any longer has any financial interest in the property. Trump bought it in 1988, unfinished, for $230 million, but by the time it turned out completed 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 lots of money out of this property, an incredible number of dollars which could have been used to reconstruct it and provide good wages and benefits for workers,’ 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 advertisements

Senator Nick Xenophon said that Australia’s parents are concerned by their children referring to chances as opposed to the overall game, an ailment he puts down to exorbitant gambling marketing during sports broadcasts. (Image:

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

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

The proliferation of pokies, or slots, as they are understood somewhere else, is a hugely issue that is controversial Australia, sufficient reason for justification.

You can find five time more slot machines within the country, per capita, than you can find in the usa, and meanwhile, recent studies have shown that Australians spend more per mind on gambling than some other country worldwide; twice around in the usa and three times up to in britain.

In the last 12 months, 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 to the governments associated with the Australia’s states and territories to decide unique gambling laws and regulations. But Xenophon and Wilkie think he could be fudging the problem.

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

‘ So many moms and dads have actually approached every one of us to say these are typically appalled their children are chatting about … the chances of a game in the place of the overall game it self.’

Untrustworthy Regulators

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

‘The case is compelling, and it is quite, really sad that up until now, parliamentarians haven’t did actually care enough about the hurt caused by problem gambling; that parliamentarians happen pleased to be completely out of step with the vast majority associated with members of this 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 their planned Lady that is lucky Casino the former 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 things risqué says he feels like a second-class resident.

Appearing before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed out at the neighborhood board for voting against his Lucky Lady Casino indication and deciding to amend tax breaks formerly afforded to the planned location.

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

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

The council initially said it would provide tax that is substantial to Flynt. However, City Manager Mitch Lansdell included a provision at the last minute that now states Flynt must spend $800,000 a month before any incentives apply. The town Council authorized the modification by a vote of 3-1.

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

Not So Lucky

Apart from Flynt’s dissatisfaction and anger over the council’s tax framework changes, he’s also at war with the town over his Lucky Lady branding. Flynt’s group presented a logo having a woman in a swimsuit that is low-cut her feet draped over the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘I nevertheless believe this is offensive to ladies,’ 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 statutory legislation is on their side. Flynt referenced a landmark decision by former US Supreme Court Justice Antonin Scalia that warned governments to not attempt 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 lower than a mile apart.

Flynt was ready to go forward with upgrading the Normandie after the council said he would receive income tax incentives whenever his revenues surpass $2 million a 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 ever heard in my 50 years of business, I’ve never ever, ever heard of a deal like that.’

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

Interpol Arrests Over 4,000 Individuals Involved in 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 going after the little dudes instead for the 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 European Championship (Euro 2016).

The international legislation enforcement agency revealed on July 18 so 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. 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 creates massive profits for prepared crime networks which can be associated with corruption, human trafficking and money laundering,’ stated Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes product. ‘The successes of Operations SOGA and Aces would maybe not were achieved without global information sharing and the efforts that are significant the law enforcement authorities on the floor.’

Massively Popular, Massively Corrupt

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

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

The notorious Paul Phua made a lot of headlines in 2014 when he allegedly operated an illegal boiler-style gambling system out of their villas at Caesars Palace in Las vegas, nevada casino similar to bondibet. Though he was later on acquitted as tactics employed by investigators were extremely questionable, the full case highlighted the enduring dangers of illegal sports betting.

The government that is federal over 90 % 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 criminal gambling in 2007. To date, Interpol states $53 million in money 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 it self in the straight back, not totally all specialists believe the agency goes about it the way that is right.

‘Interpol happens to be coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure figures regarding 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 eliminating the smaller ones.’

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

The American Gaming Association claims Americans 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 celebrate.

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