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

March 12, 2020

Carl Ic<span id="more-3587"></span>ahn-Owned Trump Taj Mahal Gives Workers Final Strike Ultimatum, Must 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 for good. 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 happens to be ongoing since Friday, July 1, when around 1,000 bar staff, chefs, porters, and cleansers, organized by Local 54 of the Unite-HERE union, walked off the premises in protest at the loss of health care and pension 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 advantages 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 corporate raider and activist investor agreed to take on the majority of its $286 million debt as an ingredient associated with purchase agreement.

He also promised to make that debt into equity and to get within the property, but just if Atlantic City while the courts granted him the cessation that is temporary of pension and healthcare benefits.

The courts complied, but now, with a few signs of recovery within the Atlantic City casino sector, union workers want their advantageous assets to reflect the uptick. Industry analysts have called the seaside resort’s quantity of video gaming houses ‘rightsized,’ following the closures of several properties within the last years that are few. Local 54 says its workers want their advantageous assets to too be rightsized.

Demos Outside Trump’s Nyc Offices

This week, demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices. Icahn has declared his support for A president that is potential trump whom when said that Icahn would produce a great Secretary of the Treasury in his theoretical cabinet. Icahn has https://myfreepokies.com/bondibet-casino/ not expressed any curiosity about such a position, however.

Whilst the Trump Taj Mahal nevertheless bears the name of the presumptive GOP nominee that is presidential he no longer has any financial desire for the property. Trump got it in 1988, unfinished, for $230 million, but by the time it had been finished in 1990, construction expenses had escalated to $1 billion.

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

‘Both Trump and Icahn took plenty of money using this property, an incredible number of bucks which could have been accustomed rebuild it and provide good wages and benefits for employees,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be operating America’s economy. If that happens, 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 speaking about odds instead of the overall game, an ailment he puts down to exorbitant gambling advertising during sports broadcasts. (Image: interstaff.com)

Australia’s pokie machines should be restricted to $1 per spin, while gambling advertising during sports broadcasts that would be viewed by minors should 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 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 issue that is controversial Australia, sufficient reason for valid reason.

You will find five time more slot machines into the country, per capita, than you will find in the usa, and meanwhile, recent studies show that Australians spend more per mind on gambling than every other country on earth; twice just as much as in the US and three times up to in the UK.

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

While Prime Minister Malcolm Turnbull’s government has recently moved to ban in-play online betting in the united kingdom, more comprehensive reforms have already been opposed by the influential Clubs Australia, an industry body representing 6,500 licensed social clubs across Australia, all of which depend on revenue from gambling.

Turnbull, who had previously supported reform, now claims it’s up to your governments of this Australia’s states and territories to decide their particular gambling laws and regulations. But Xenophon and Wilkie think he could be fudging the issue.

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

‘ So many parents have actually approached most of us to state they truly are appalled their young ones are talking about … the odds of a game instead of the game itself.’

Untrustworthy Regulators

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

‘The case is compelling, plus it is quite, really sad that until recently, parliamentarians have not did actually care enough about the hurt caused by issue gambling; that parliamentarians have been happy to be completely out of step with the majority that is vast of members associated with community who want strong reform,’ said 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 their planned Lady that is lucky Casino the former house for 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 feels like a second-class resident.

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

The Normandie Casino ended up being 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 as the Lucky Lady. Along with his Hustler Casino, Flynt now owns two card clubs into the city located south of la.

The council initially said it would provide substantial income tax breaks to Flynt. Nevertheless, City Manager Mitch Lansdell included a supply during the last minute that now states Flynt must spend $800,000 30 days before any incentives apply. The town Council approved the noticeable 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 city and received so little.’

Not Too Lucky

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

Council member Tasha Cerda took offense.

‘I still 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 recently do not think is good.’

But Flynt countered by saying the law is on his part. Flynt referenced a landmark decision by former US Supreme Court Justice Antonin Scalia that warned governments to not 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 increasingly being put on hold. The card club is a rival that is former of Hustler Casino as the two properties are not as much as a mile apart.

Flynt had been ready to maneuver forward with upgrading the Normandie after the council said he would receive tax incentives when his profits exceed $2 million a month.

Now guaranteed to be on the hook for $800,000 a flynt is walking away month.

‘A proposition that only a fool could sign, and we’m no fool,’ Flynt said. ‘I’ve never ever heard within my 50 many years of business, I’ve never, ever been aware of a deal like that.’

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

Interpol Arrests Over 4,000 Individuals associated with Illegal Betting During Euro 2016 Football Tournament

Interpol is continuing its crusade against illegal sports betting, but the agency is being criticized by some for going after the tiny dudes instead associated with 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 this summer’s 2016 UEFA championship that is europeanEuro 2016).

The international legislation enforcement agency unveiled on July 18 so 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 prepared crime networks which are often connected to 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 not are achieved without global information sharing and the significant efforts by the law enforcement authorities on the bottom.’

Massively Popular, Massively Corrupt

Football, or soccer as it’s more commonly known in the us, is the most popular sport in the world. The game is estimated to have 3.5 billion fans that earnestly watch, follow, or play soccer.

Its vast appeal helps it be ideal for rogue criminal syndicates. Even though soccer requires a backseat to football that is american the united states, it doesn’t keep corruption at bay.

The notorious Paul Phua made a great amount of headlines in 2014 when he presumably operated an illegal boiler-style gambling system out of their villas at Caesars Palace in Las vegas, nevada. Though he was later acquitted as tactics utilized by investigators were highly questionable, the full instance highlighted the enduring dangers of illegal recreations 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 concentrating on unlawful gambling in 2007. To date, Interpol says $53 million in cash has been sized and over 3,400 gambling that is illegal have been halted.

According to Interpol, those detained were responsible for facilitating $6.4 billion worth of bets.

While Interpol is patting it self in the straight back, only a few experts believe the agency is certainly going about it the right way.

‘Interpol was coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure figures of this 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 token police operations look good, but tend to enhance the mega illegal operators by reducing 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 United states Gaming Association claims Americans 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 might not be one thing to celebrate.