
Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a new healthcare offer, 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 Friday, July 1, when around 1,000 bar staff, chefs, porters, and cleansers, organized by Local 54 of the Unite-HERE union, stepped off the premises in protest at the loss of medical and pension benefits.
Action proceeded on the Independence that is normally lucrative Day and indicates no indications of abating. Organizers have said the program 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 will continue for ‘as long as it takes.’
Rightsized Benefits
Carl Icahn rescued the Taj from chapter 11 bankruptcy in 2014. The billionaire corporate raider and activist investor consented to battle the majority of its $286 million debt as part of the purchase agreement.
He also promised to turn that debt into equity and to take a position in the property, but just if Atlantic City and the courts granted him the cessation that is temporary of retirement and healthcare advantages.
The courts complied, but now, with a few signs of recovery within the Atlantic City casino sector, union workers want their advantageous assets to mirror the uptick. Industry analysts have called the seaside resort’s quantity of video gaming houses ‘rightsized,’ following the closures of several properties on the last years that are few. Local 54 says its workers want their advantageous assets to be rightsized, too.
Demos Outside Trump’s New York Offices
This week, demonstrators headed for new york, 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 produce a great Secretary of the Treasury in their theoretical cabinet. Icahn have not expressed any fascination with such a position, however.
Whilst the Trump Taj Mahal nevertheless bears the title of this presumptive GOP presidential nominee, he no more has any financial interest in the home. Trump purchased in 1988, unfinished, for $230 million, but by the right time it absolutely was completed in 1990, construction costs had escalated to $1 billion.
He declared the property bankrupt later that year, after which again in 2004, and the union nevertheless blames him for Atlantic City’s woes.
‘Both Trump and Icahn took lots of money using this property, an incredible number of bucks that could have been used to rebuild it and provide wages that are good 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 advertisements
Senator Nick Xenophon said that Australia’s parents are concerned by their children speaking about chances as opposed to the game, a disorder he puts down to excessive gambling advertising during sports broadcasts. (Image: interstaff.com)
Australia’s pokie machines should be limited to $1 per spin, while gambling advertising during sports broadcasts that might be viewed by minors must certanly 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 was cause that is increasing 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, along 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 have shown that Australians spend more per head on gambling than just about any country on earth; twice just as much as in the usa and three times as much as in the united kingdom.
In the last year, the growth of gambling has outpaced the development of the Australian economy by 100 percent, while Australians plow around AU$11 billion into pokie machines annually.
Turnbull U-turn
While Prime Minister Malcolm Turnbull’s government has relocated 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 rely on revenue from gambling.
Turnbull, who had formerly supported reform, now claims it’s up to your governments of this Australia’s states and territories to decide their gambling laws. But Xenophon and Wilkie believe he’s fudging the problem.
‘ We are planning for a whole series of measures, both in the parliament and away from parliament, to deal with the issue of gambling reform and, in particular, one issue that has resonated throughout the community and that is in the dilemma of sports advertising that is betting’ said Xenophon in parliament this week.
‘ So parents that are many approached most of us to say these are typically appalled their young ones are chatting about … the odds of a game in place of the game it self.’
Untrustworthy Regulators
Wilkie added that the states had so far proved themselves to be ‘untrustworthy’ regulators, which meant that there was a strong case for federal intervention.
‘The case is compelling, plus it is very, very sad that up until now, parliamentarians have not seemed to care enough about the hurt caused by issue gambling; that parliamentarians happen happy to be totally away from step with the the greater part for the members for the 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 his planned Lady that is lucky Casino the previous home of 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 all things risqué says he is like 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 formerly 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 ended up being laundered through the casino. Flynt bought the home 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 in the populous city located south of l . a ..
The council at first said it would provide tax that is substantial to Flynt. Nonetheless, City Manager Mitch Lansdell added a supply during the eleventh hour that now states Flynt must spend $800,000 30 days before any incentives apply. The town Council approved the change 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 taxation revenue,’ 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 done as much for the city and received so little.’
Not Too Lucky
Aside from Flynt’s disappointment and anger within the council’s tax structure changes, he’s also at war with the town over his Lucky Lady branding. Flynt’s group delivered a logo featuring a woman in a swimsuit that is low-cut her legs draped over the ‘Y’ in Lucky.
Council member Tasha Cerda took offense.
‘I nevertheless believe this is offensive to women,’ Cerda stated. ‘For anybody who’s not going into the casino, to see this image of a woman shaking her legs, scantily dressed, I recently don’t believe is good.’
But Flynt countered by saying the statutory legislation is on their part. Flynt referenced a landmark choice 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 due to the fact two properties are less than a mile apart.
Flynt ended up being ready to move forward with upgrading the Normandie after the council said he would receive income tax incentives when his revenues exceed $2 million a month.
Now guaranteed to be on the hook for $800,000 a month, flynt is walking away.
‘A proposition that only a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never ever heard in my own 50 several years of business, I’ve never ever, ever heard about a deal like that.’
It’s ambiguous if Lansdell and the Gardena City Council takes action to make renovating the Normandie more appealing to Flynt. The next scheduled conference is 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 recreations betting, but the agency is being criticized by some for seeking the small dudes instead of this 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 European Championship (Euro 2016).
The international law enforcement agency unveiled on July 18 it carried out two operations during the football tournament that is month-long.
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 generates massive profits for arranged crime networks which can be linked to corruption, human trafficking and money laundering,’ stated 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 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 us, is considered the most popular sport in the entire world. The game is estimated to https://myfreepokies.com/bondibet-casino/ own 3.5 billion fans that actively watch, follow, or play soccer.
Its vast appeal makes it ideal for rogue criminal syndicates. Even though soccer requires a backseat to football that is american the united states, it generally does not keep corruption at bay.
The notorious Paul Phua made a good amount of headlines in 2014 when he presumably operated a boiler-style that is illegal system out of his villas at Caesars Palace in nevada. Though he was later acquitted as tactics employed by investigators were very questionable, the full case highlighted the enduring dangers of illegal sports 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 concentrating on criminal gambling in 2007. Up to now, Interpol states $53 million in cash has been sized and over 3,400 gambling that is illegal have actually been halted.
According to Interpol, those detained were responsible for assisting $6.4 billion worth of bets.
While Interpol is patting itself on the back, only a few professionals believe the agency goes about it the right way.
‘Interpol is coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure numbers associated with the easy-to-detect smaller street operators,’ International Centre for Sport protection 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 boost the mega illegal operators by reducing the smaller ones.’
Eaton may have a point that is valid the FBI estimated Phua’s team had taken in $357 million in unlawful bets in 2014.
The United states 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 commemorate.
