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

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

Workers picketing the Trump Taj Mahal have until 5 pm ET on Monday, July 18 to accept a new health care offer, or it’s 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 New York offices this week.

The strike during the Taj has been 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 continued over the normally profitable Independence Day parties and shows no signs of abating. Organizers have actually said the program offered up by the casino’s management represents ‘a shadow’ of the medical benefits of 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 agreed to battle nearly all its $286 million debt as an ingredient of the purchase agreement.

He also promised to show that debt into equity and to invest within the property, but only if Atlantic City plus the courts granted him the cessation that is temporary of pension and healthcare benefits.

The courts complied, but now, with a few indications of recovery into the Atlantic City casino sector, union workers want their advantageous assets to mirror the uptick. Industry analysts have called the seaside resort’s range gaming houses ‘rightsized,’ following the closures of several properties over the last few years. Local 54 says its workers want their advantages to be rightsized, too.

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 announced his support for a potential president trump, who when stated that Icahn would create a great Secretary of the Treasury in his theoretical cabinet. Icahn has not expressed any fascination with such a position, however.

Even though the Trump Taj Mahal still bears the name of the presumptive GOP nominee that is presidential he not any longer has any financial desire for the property. Trump bought it in 1988, unfinished, for $230 million, but by the right time it absolutely was finished in 1990, construction costs 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 lots of cash from this property, millions of bucks that could have been accustomed rebuild it and provide good wages and advantages for workers,’ 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 big trouble. if that occurs,’

Aussie Pols Call for $1 Pokie Limits and Ban on TV Gambling Ads

Senator Nick Xenophon said that Australia’s parents are concerned by their children speaing frankly about chances as opposed to the game, a disorder he puts down to excessive gambling advertising during sports broadcasts. (Image:

Australia’s pokie devices should be restricted to $1 per spin, while gambling advertising during activities 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 separate 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 known somewhere else, is a hugely issue that is controversial Australia, along with valid reason.

You will find five time more slot devices into 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 worldwide; twice as much as in america and three times up to in britain.

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 relocated to ban in-play online betting in the united kingdom, 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 depend on revenue from gambling.

Turnbull, who had formerly supported reform, now states it’s up to the national governments associated with the Australia’s states and territories to decide their very own gambling laws. But Xenophon and Wilkie believe he could be fudging the matter.

‘ We are arranging a whole series of measures, both in the parliament and away from parliament, to deal with the problem of gambling reform and, in particular, one issue that has resonated through 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 all of us to say they truly are appalled their kids are talking about … the odds of a game as opposed to the game it self.’

Untrustworthy Regulators

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

‘The case is compelling, plus it is quite, really sad that up until now, parliamentarians have not did actually care enough about the hurt caused by problem gambling; that parliamentarians happen pleased to be totally out of action with the majority that is vast of members for the community who would like strong reform,’ stated Wilkie.

Larry Flynt Scolds Gardena City Council Over Casino Signage and Tax that is last-Minute Provision

The Gardena City Council isn’t laughing at Larry Flynt’s logo for his planned Lady that is lucky Casino 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 feels like a second-class citizen.

Appearing 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 location.

The Normandie Casino had been shutting 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 home earlier this thirty days for a price that is undisclosed.

He’s planning to renovate the Normandie and rebrand it as the Lucky Lady. Together with his Hustler Casino, Flynt now owns two card clubs into the city located south of la.

The council at first said it would provide tax that is substantial to Flynt. Nonetheless, City Manager Mitch Lansdell added a supply at the minute that is last now states Flynt must spend $800,000 a month before any incentives apply. The town Council authorized the change by a vote of 3-1.

‘ In the 16 years we’ve been down there, i have paid the city $80.5 million in taxation income,’ Flynt sternly told the panel. ‘ We saved the city from bankruptcy. We’ve been paying the city payroll . . . and I do not think anyone has done the maximum amount of for the city and received so little.’

Not Lucky

Apart from Flynt’s disappointment and anger on the council’s tax structure changes, he’s also at war with the city over their Lucky Lady branding. Flynt’s group introduced a logo having a girl in a low-cut swimsuit with her feet draped over the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

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

But Flynt countered by saying the legislation is on his 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 his plans to invest $60 million into the Normandie over the next four years are increasingly being placed on hold. The card club is a rival that is former of Hustler Casino because the two properties are not as much as a mile apart.

Flynt ended up being ready to maneuver forward with upgrading the Normandie following the council said he would receive tax incentives when 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 just a fool could sign, and we’m no fool,’ Flynt said. ‘I’ve never ever heard within my 50 years of business, I’ve never, ever been aware of a deal like that.’

It’s confusing if Lansdell and the Gardena City Council will take action to make renovating the Normandie more attractive to Flynt. The following scheduled meeting 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 sports betting, but the agency is being criticized by some for seeking the small dudes instead for 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 come early july’s 2016 UEFA European Championship (Euro 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 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 creates massive profits for planned crime networks which are often associated with 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 maybe not are achieved without global information sharing and the efforts that are significant 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 the most popular sport in 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. Even though soccer has a backseat to football that is american the united states, it does not keep corruption at bay.

The notorious Paul Phua made lots of headlines in 2014 when he presumably operated an illegal boiler-style gambling network out of his villas at Caesars Palace in nevada. Though he was later acquitted as tactics utilized by investigators were extremely questionable, the full instance highlighted the enduring potential risks 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 SOGA that is sixth operation by Interpol since it began emphasizing unlawful gambling in 2007. To date, Interpol claims $53 million in money 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 itself in the back, not absolutely all experts believe the agency is going about it the right way.

‘Interpol is coordinating anti-sport gambling operations in Asia for years now, always with big arrest and seizure figures regarding the easy-to-detect smaller street operators,’ International Centre for Sport safety Integrity Director Chris Eaton said in a declaration.

‘The big organized online gambling operators turning over billions . . . escape this attention,’ Eaton declared. ‘Small-scale and police that is token look good, but tend to boost the mega illegal operators by cutting out 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 Us citizens alone will bet nearly $139 billion illegally on sports in 2016. That is why Interpol only intercepting $6.4 billion in bets over nine years is probably not something to commemorate.

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