
Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a brand new medical 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 nyc offices this week.
The strike during the Taj was 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 medical and retirement benefits.
Action proceeded on the normally profitable Independence Day parties and has shown no signs of abating. Organizers have said the plan offered up by the casino’s management represents ‘a shadow’ of the health care great things about other Atlantic City casino workers, and that industrial action shall 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 consented to defend myself against the majority of its $286 million debt as part of this purchase agreement.
He also promised to show that debt into equity and to get into the property, but only if Atlantic City plus the courts granted him the cessation that is temporary of pension and health care advantages.
The courts complied, but now, with a few indications of recovery within 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 last few years. 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 their support for A president that is potential trump who once said that Icahn would create a great Secretary of the Treasury in their theoretical case. Icahn has not expressed any fascination with such a position, however.
Whilst the Trump Taj Mahal still bears the title of this presumptive GOP presidential nominee, he not has any financial fascination with the home. Trump got it in 1988, unfinished, for $230 million, but by the time it turned out 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 plenty of money out of this property, an incredible number of bucks that could have been used to rebuild it and provide good wages and benefits for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be running America’s economy. Then all of America’s workers are in some trouble. if that occurs,’
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 speaking about odds rather than the game, an ailment he puts down to gambling that is excessive during sports broadcasts. (Image: interstaff.com)
Australia’s pokie machines should be limited by $1 per spin, while gambling advertising during sports broadcasts that would be viewed by minors needs to 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 was increasing cause for concern about the gambling habits of its citizens.
The proliferation of pokies, or slots, as they are known elsewhere, is a hugely issue that is controversial Australia, and with valid reason.
There are five time more slot machines in the country, per capita, than you will find in the US, and meanwhile, recent studies show that Australians spend more per mind on gambling than other country worldwide; twice just as much as in america and three times up to in britain.
In the last year, the growth of gambling has outpaced the growth of the Australian economy by 100 %, 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 national governments associated with Australia’s states and territories to decide unique gambling regulations. But Xenophon and Wilkie think he could be fudging the issue.
‘ We are arranging a whole series of measures, both in the parliament and away from parliament, to deal with the matter of gambling reform and, in particular, one issue that has resonated through the community and that is on the dilemma of sports advertising that is betting’ stated Xenophon in parliament this week.
‘ So parents that are many approached every one of us to say they are appalled their children are speaking about … the chances of a game instead of the overall game it self.’
Untrustworthy Regulators
Wilkie included that the states had so far proved themselves to be ‘untrustworthy’ regulators, which intended that there was a strong case for federal intervention.
‘The case is compelling, and it is extremely, extremely sad that until recently, parliamentarians have not seemed to care enough about the hurt caused by problem gambling; that parliamentarians have now been happy to be entirely out of step with the the greater part for the members of the community who want strong reform,’ stated Wilkie.
Larry Flynt Scolds Gardena City Council Over Casino Signage and Tax that is last-Minute Provision
The Gardena City Council is not laughing at Larry Flynt’s logo for his planned Lady that is lucky Casino the former home associated with 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 down at the area board for voting against his happy Lady Casino indication and deciding to amend tax breaks previously 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 whilst the Lucky Lady. Together with his Hustler Casino, Flynt now owns two card clubs within the populous city located south of la.
The council initially said it would provide tax that is substantial to Flynt. But, City Manager Mitch Lansdell added a supply at the eleventh hour that now states Flynt must https://myfreepokies.com/bondibet-casino/ spend $800,000 per month before any incentives apply. The town Council authorized the modification 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 revenue,’ Flynt sternly told the panel. ‘ We saved the populous town from bankruptcy. We’ve been paying the populous city payroll . . . and I don’t think anyone has done as much for the populous town and received so little.’
Not Too Lucky
Apart from Flynt’s disappointment and anger within the council’s tax framework changes, he’s also at war with the city over his Lucky Lady branding. Flynt’s group presented 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 offensive to females,’ 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 statutory law is on their part. Flynt referenced a landmark choice 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 put on hold. The card club is a rival that is former of Hustler Casino as the two properties are significantly less than a mile apart.
Flynt had been ready to move forward with upgrading the Normandie after the council said he would receive taxation incentives when his revenues surpass $2 million a month.
Now guaranteed to be on the hook for $800,000 a month, flynt is walking away.
‘A proposal that just a fool could sign, and we’m no fool,’ Flynt said. ‘I’ve never ever heard in my own 50 several years of business, i have never ever, ever heard about a deal like that.’
It’s not clear if Lansdell and the Gardena City Council will take action to make renovating the Normandie more appealing to Flynt. The following meeting that is scheduled 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 activities gambling, but the agency is being criticized by some for going after the small guys instead associated with 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 unlawful sports gambling rings during this summer’s 2016 UEFA championship that is europeanEuro 2016).
The international law enforcement agency revealed on July 18 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 generates massive profits for orderly crime networks which can be associated with 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 maybe not happen achieved without global information sharing and the efforts that are significant the law enforcement authorities on the ground.’
Massively Popular, Massively Corrupt
Football, or soccer as it’s more commonly known in the usa, is the most sport that is popular the entire world. The game is estimated to own 3.5 billion fans that earnestly view, follow, or play soccer.
Its appeal that is vast makes ideal for rogue criminal syndicates. And while soccer takes a backseat to US football in the US, it 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 used by investigators were highly questionable, the case highlighted the enduring potential risks of illegal recreations betting.
The government that is federal 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 criminal gambling in 2007. Up to now, Interpol claims $53 million in money has been sized and over 3,400 gambling that is illegal have actually been halted.
According to Interpol, those detained were responsible for facilitating $6.4 billion worth of bets.
While Interpol is patting itself regarding the back, only a few experts believe the agency is going about it the right way.
‘Interpol was coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure numbers regarding the easy-to-detect smaller street operators,’ International Centre for Sport safety Integrity Director Chris Eaton said in a statement.
‘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 eliminating the smaller ones.’
Eaton might have a valid point considering the FBI estimated Phua’s team had taken in $357 million in illegal bets in 2014.
The American 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 is probably not something to celebrate.