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 healthcare that is new, or it is off the 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 ny offices this week.

The strike during the Taj was 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 healthcare and retirement benefits.

Action continued over the Independence that is normally lucrative Day and indicates no signs of abating. Organizers have 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 take on the majority of its $286 million debt as an ingredient associated with purchase agreement.

He also promised to show that debt into equity and to get within the property, but only if Atlantic City and also the courts granted him the temporary cessation of worker pension and medical advantages.

The courts complied, but now, with some indications of recovery within the Atlantic City casino sector, union workers want their advantages 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 few years. Local 54 claims its workers want their advantages to too be rightsized.

Demos Outside Trump’s Nyc Offices

This week, demonstrators headed for ny, and chants were heard outside of Donald Trump’s Manhattan offices. Icahn has declared his support for a potential president trump, who once stated that Icahn would create a great Secretary of the Treasury in his theoretical case. Icahn have not expressed any curiosity about 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 fascination with the home. Trump got it 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 still blames him for Atlantic City’s woes.

‘Both Trump and Icahn took plenty of cash using this property, millions of bucks that could have been accustomed rebuild it and provide wages that are good benefits for employees,’ union spokesman 1xbet рабочие зеркало Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be running 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 chances in the place of the game, a condition he puts down to gambling that is excessive during sports broadcasts. (Image:

Australia’s pokie machines should be restricted to $1 per spin, while gambling advertising during sports broadcasts that may be viewed by minors must 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 increasing cause for concern about the gambling habits of its citizens.

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

There are 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 in the world; twice 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 growth 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 relocated to ban in-play online betting in the country, more comprehensive reforms have 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 previously supported reform, now says it’s up towards the national governments of this Australia’s states and territories to decide their particular gambling laws. But Xenophon and Wilkie think he’s fudging the matter.

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

‘ So many moms and dads have actually approached every one of us to state they are appalled their kids are chatting about … the chances of a game instead of the game it self.’

Untrustworthy Regulators

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

‘The case is compelling, also it is extremely, very sad that until recently, parliamentarians never have appeared to care enough about the hurt caused by problem gambling; that parliamentarians have now been pleased to be completely out of action with the the greater part of this members associated with the community who desire 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 Lucky Lady Casino at the former 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 California the purveyor of things risqué says he feels as though a citizen that is second-class.

Showing up before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed out at the neighborhood board for voting against his happy Lady Casino sign and deciding to amend tax breaks previously afforded to the planned place.

The Normandie Casino had been closing after 75 years following the admission of guilt by the card club’s owners that money was laundered through the casino as 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 populous city located south of Los Angeles.

The council at first said it would provide substantial tax breaks to Flynt. Nonetheless, City Manager Mitch Lansdell included a provision at the minute that is last now states Flynt must spend $800,000 30 days before any incentives apply. The town Council approved the noticeable 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 income tax income,’ Flynt sternly told the panel. ‘ We saved the town from bankruptcy. We have 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

Apart from Flynt’s dissatisfaction and anger on the council’s tax framework changes, he’s also at war with the town over their Lady that is lucky branding. Flynt’s team presented 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.

‘I still believe this is offensive to females,’ Cerda stated. ‘For anybody who’s 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 legislation is on his side. 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 now being placed on hold. The card club is a previous rival of the Hustler Casino due to the fact two properties are significantly less than a mile aside.

Flynt ended up being ready to move forward with upgrading the Normandie following the council said he would receive income tax incentives whenever his profits surpass $2 million a month.

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

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

It’s ambiguous if Lansdell and the Gardena City Council takes action to make renovating the Normandie more attractive to Flynt. The next scheduled conference is July 26.

Interpol Arrests Over 4,000 Individuals involved 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 seeking the little guys instead of the operators that are multibillion-dollar. (Image: European Pressphoto Agency)

Interpol arrested more than 4,100 individuals and seized some $13.6 million from illegal sports gambling rings during come early july’s 2016 UEFA championship that is europeanEuro 2016).

The international legislation 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. Prohibited 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 generally associated with corruption, human trafficking and money laundering,’ said Jim Anderson, associate director of Interpol’s Anti-Corruption and Financial Crimes Unit. ‘The successes of Operations SOGA and Aces would maybe not were achieved without global information sharing and the significant efforts by the law enforcement authorities on the ground.’

Massively Popular, Massively Corrupt

Football, or soccer as it’s more commonly understood in the usa, is considered the most sport that is popular the entire world. The game is estimated to possess 3.5 billion fans that actively view, follow, 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 usa, it generally does not keep corruption at bay.

The notorious Paul Phua made lots of headlines in 2014 when he allegedly operated an illegal boiler-style gambling community out of their villas at Caesars Palace in Las Vegas. Though he was later on acquitted as tactics utilized by investigators were highly questionable, the full case highlighted the enduring potential risks of illegal recreations betting.

The federal government wins 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 targeting criminal gambling in 2007. To date, Interpol says $53 million in money has been sized and over 3,400 illegal gambling dens have been halted.

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

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

‘Interpol happens to be coordinating gambling that is anti-sport in Asia for years now, always with big arrest and seizure numbers associated with 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 eliminating small 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 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 may not be one thing to commemorate.