Carl Icahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Should 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 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 nyc 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 on the normally profitable Independence Day parties and has shown no indications of abating. Organizers have actually said the program offered up by the casino’s management represents ‘a shadow’ of the medical great things about 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 consented to defend myself against nearly all its $286 million debt as an ingredient for the purchase agreement.

He also promised to make that debt into equity and to get within the property, but only if Atlantic City and also the courts granted him the short-term cessation of worker retirement and health care benefits.

The courts complied, but now, with some indications of recovery into the Atlantic City casino sector, union workers want their benefits to reflect the uptick. Industry analysts have called the seaside resort’s range video gaming houses ‘rightsized,’ following the closures of several properties throughout the final few years. Local 54 says its workers want their advantageous assets to be rightsized, too.

Demos Outside Trump’s Ny Offices

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

Even though the Trump Taj Mahal nevertheless bears the title associated with the presumptive GOP presidential nominee, he no more has any financial desire for the property. Trump purchased in 1988, unfinished, for $230 million, but by the right time it had been finished in 1990, construction expenses had escalated to $1 billion.

He declared the house 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 a lot of cash out of this property, an incredible number of bucks that could have been used to reconstruct it and provide wages that are good benefits 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 adverts

Senator Nick Xenophon said that Australia’s parents are concerned by their children discussing 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 limited to $1 per spin, while gambling advertising during recreations broadcasts that could be viewed by minors should 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 increasing cause for concern about the gambling habits of its citizens.

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

You can find five time more slot devices in the country, per capita, than there are in the usa, and meanwhile, recent studies demonstrate that Australians spend more per head 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 towards the national governments for the Australia’s states and territories to decide their own gambling laws. But Xenophon and Wilkie believe he is fudging the problem.

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

‘ So parents that are many approached all of us to say they’ve been appalled their kids are chatting about … the odds of a game in the place of the game it self.’

Untrustworthy Regulators

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

‘The case is compelling, plus it is very, really sad that until recently, parliamentarians never have seemed to care enough about the hurt caused by issue gambling; that parliamentarians have now been happy to be entirely away from action with the great majority of the members of 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 his 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 California the purveyor of all things risqué says he feels as though 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 fortunate Lady Casino indication and deciding to amend tax breaks formerly afforded to the planned location.

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 home earlier this thirty days for a price that is undisclosed.

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 populous city located south of Los Angeles.

The council initially said it would provide substantial income tax breaks to Flynt. However, City Manager Mitch Lansdell added a supply at the minute that is last now states Flynt must spend $800,000 30 days before any incentives apply. The City Council approved the noticeable change by a vote of 3-1.

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

Not Too Lucky

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

Council member Tasha Cerda took offense.

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

Ultimatum Delivered

Flynt claims his 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 as the two properties are less than a mile aside.

Flynt was ready to go 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 proposition that just a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never heard in my own 50 years of business, i have never, ever been aware of a deal like that.’

It’s confusing if Lansdell and the Gardena City Council takes action to make renovating the Normandie more attractive to Flynt. The following meeting that is scheduled July 26.

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

Interpol is continuing its crusade against illegal 1xbet сайт зеркало sports wagering, but the agency is being criticized by some for seeking the small guys instead for the 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 championship that is europeanEuro 2016).

The international legislation 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 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 arranged crime networks which are often linked to corruption, human trafficking and money laundering,’ said Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes product. ‘The successes of Operations SOGA and Aces would perhaps not have now been achieved without global information sharing and the efforts that are significant what the law states enforcement authorities on the bottom.’

Massively Popular, Massively Corrupt

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

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

The notorious Paul Phua made a great amount of headlines in 2014 when he allegedly operated an illegal boiler-style gambling system out of their villas at Caesars Palace in Las Vegas. Though he was later acquitted as tactics employed by investigators were highly questionable, the case highlighted the enduring problems of illegal recreations 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 unlawful gambling in 2007. To date, Interpol claims $53 million in money has been sized and over 3,400 illegal gambling dens 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 regarding the straight back, not absolutely all specialists believe the agency is going about it the right way.

‘Interpol is coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure numbers of 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 police that is token look good, but tend to enhance the mega illegal operators by cutting out the smaller ones.’

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

The United states 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 one thing to celebrate.

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