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

Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a new medical offer, or it’s off the dining table for good. That’s the word this week through 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 is 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 Independence that is normally lucrative Day and indicates no signs of abating. Organizers have said the plan 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 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 nearly all its $286 million debt as part of the purchase agreement.

He additionally promised to turn that debt into equity and to get into the property, but only if Atlantic City and the courts granted him the short-term cessation of worker pension and medical benefits.

The courts complied, but now, with a few indications 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 quantity of gaming houses ‘rightsized,’ following the closures of several properties within the last years that are few. Local 54 claims its workers want their advantageous assets to too be rightsized.

Demos Outside Trump’s New York Offices

This week, demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices. Icahn has announced their support for A president that is potential trump whom when said that Icahn would make a great Secretary of the Treasury in his theoretical case. Icahn hasn’t expressed any interest in such a position, however.

While the Trump Taj Mahal nevertheless bears the title of the presumptive GOP nominee that is presidential he no more has any financial interest in the home. Trump purchased in 1988, unfinished, for $230 million, but by the right time it had been completed in 1990, construction costs had escalated to $1 billion.

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

‘Both Trump and Icahn took a lot of money using this property, an incredible number of dollars that could have been used to reconstruct it and provide wages that are good benefits for employees,’ union spokesman 1xbet скачать зеркало Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be operating America’s economy. If that occurs, 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 talking about odds in the place of the game, an ailment he puts down to gambling that is excessive during sports broadcasts. (Image: interstaff.com)

Australia’s pokie machines should be restricted to $1 per spin, while gambling advertising during sports broadcasts that could be viewed by minors needs to be banned, say two influential Australian politicians.

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 clearly was increasing cause for concern about the gambling habits of its citizens.

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

You will find five time more slot devices in the country, per capita, than there are in the US, and meanwhile, recent studies demonstrate that Australians spend more per mind on gambling than other country in the world; twice just as much as in the US and three times just as much as in the UK.

In the last 12 months, the growth of gambling has outpaced the development of the Australian economy by 100 %, while Australians plow around AU$11 billion into pokie devices annually.

Turnbull U-turn

While Prime Minister Malcolm Turnbull’s government has recently relocated to ban in-play online betting in the nation, more comprehensive reforms were compared by the influential Clubs Australia, an industry body representing 6,500 licensed social clubs across Australia, all of which count on revenue from gambling.

Turnbull, who had formerly supported reform, now states it is up to your governments for the Australia’s states and territories to decide unique gambling regulations. But Xenophon and Wilkie believe he is fudging the issue.

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

‘ So parents that are many approached every one of us to state they truly are appalled their young ones are chatting about … the chances of a game rather than the game itself.’

Untrustworthy Regulators

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

‘The case is compelling, also it is extremely, really sad that until recently, parliamentarians never have appeared to care enough about the hurt caused by issue gambling; that parliamentarians have already been happy to be completely away from action with the majority that is vast of members regarding the community who desire 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 Lucky Lady Casino at the previous house of this 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 is like a citizen that is second-class.

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

The Normandie Casino was shutting after 75 years following the admission of guilt by the card club’s owners that money was laundered through the casino as Casino.org reported in May. Flynt bought the house earlier this thirty days for an undisclosed price.

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 within the populous city located south of Los Angeles.

The council at first said it would provide tax that is substantial to Flynt. However, City Manager Mitch Lansdell added a provision at the eleventh hour 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’ve been down here, 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 have been paying the city payroll . . . and I don’t think anyone has done as much for the populous city and received so little.’

Not So Lucky

Apart from Flynt’s disappointment and anger within the council’s tax framework changes, he’s also at war with the city over their Lady that is lucky branding. Flynt’s group delivered a logo featuring a woman in a swimsuit that is low-cut her legs draped throughout the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘I still believe this is offensive to women,’ Cerda stated. ‘For anybody that is not going into the casino, to see this image of a woman shaking her legs, scantily dressed, I just don’t believe is good.’

But Flynt countered by saying the statutory law is on his side. 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 says his plans to invest $60 million into the Normandie over the next four years are being put on hold. The card club is a previous rival associated with the Hustler Casino once the two properties are not as much as a mile apart.

Flynt was ready to move forward with upgrading the Normandie following the council said he would receive tax incentives whenever his revenues surpass $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 within my 50 years of business, I’ve never, ever heard about a deal like that.’

It’s not clear if Lansdell and the Gardena City Council takes action to make renovating the Normandie more appealing to Flynt. The following scheduled conference 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 regarding 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 come july 1st’s 2016 UEFA championship that is europeanEuro 2016).

The international law 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. Illegal 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 bets.

‘Illegal gambling generates massive profits for orderly crime networks which are generally linked 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 what the law states enforcement authorities on the floor.’

Massively Popular, Massively Corrupt

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

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

The notorious Paul Phua made plenty of headlines in 2014 when he allegedly operated an illegal boiler-style gambling network out of their villas at Caesars Palace in nevada. Though he was later on acquitted as tactics employed by investigators were highly questionable, the full instance highlighted the enduring problems 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 sixth SOGA operation performed by Interpol since it began targeting unlawful gambling in 2007. To date, 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 were responsible for assisting $6.4 billion worth of bets.

While Interpol is patting it self on the back, not all experts believe the agency is certainly going about it the way that is right.

‘Interpol is coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure figures of the easy-to-detect smaller street operators,’ International Centre for Sport Security 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 have a tendency to boost the mega illegal operators by eliminating the smaller ones.’

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

The American Gaming Association claims People in the us alone will bet nearly $139 billion illegally on sports in 2016. This is exactly why Interpol just intercepting $6.4 billion in bets over nine years is probably not something to commemorate.

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