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 healthcare that is new, or it is 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 was 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 normally lucrative Independence Day celebrations and has shown no indications of abating. Organizers have actually said the plan offered up by the casino’s management represents ‘a shadow’ of the healthcare 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 defend myself against nearly all its $286 million debt as part regarding the purchase agreement.

He additionally promised to turn that debt into equity and to take a position into the property, but only if Atlantic City and the courts granted him the temporary cessation of worker pension and health care advantages.

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

Demos Outside Trump’s Nyc Offices

This demonstrators headed for the Big Apple, and chants were heard outside of Donald Trump’s Manhattan offices week. Icahn has announced his support for a potential president trump, whom once stated that Icahn would produce a great Secretary of the Treasury in his theoretical case. Icahn have not expressed any fascination with such a position, however.

While the Trump Taj Mahal still bears the title regarding the presumptive GOP presidential nominee, he not has any financial fascination with the property. Trump bought 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 a lot of money using this property, millions of bucks that could have been used to reconstruct it and provide good wages and advantages for workers,’ union spokesman Ben Begleiter told the Associated Press. ‘Now Trump thinks Icahn should be operating 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 Ads

Senator Nick Xenophon said that Australia’s parents are concerned by their children discussing odds in place of the game, an ailment he puts down to exorbitant gambling advertising during sports broadcasts. (Image:

Australia’s pokie machines should be limited by $1 per spin, while gambling advertising during recreations broadcasts that could be viewed by minors should 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 is certainly increasing cause for concern about the gambling habits of its citizens.

The proliferation of pokies, or slots, because they are known elsewhere, is a hugely controversial issue in Australia, along with valid reason.

You can find five time more slot machines into the country, per capita, than you will find in america, and meanwhile, recent studies show that Australians spend more per mind on gambling than virtually any country worldwide; twice around in the usa and three times just as much as in britain.

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

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

Turnbull, who had previously supported reform, now says it is up towards the national governments regarding the Australia’s states and territories to decide their own gambling regulations. But Xenophon and Wilkie believe he could be fudging the issue.

‘ We are planning a entire 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 throughout the community and that is regarding the problem of sports advertising that is betting’ stated Xenophon in parliament this week.

‘ So parents that are many approached most of us to say they’re appalled their kids are chatting about … the chances 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 suggested that there had been a strong case for federal intervention.

‘The case is compelling, also it is quite, very sad that until recently, parliamentarians have not appeared to care enough about the hurt caused by problem gambling; that parliamentarians are pleased to be totally away from action with the great majority of this members associated with the 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 isn’t laughing at Larry Flynt’s logo for his planned Lady that is lucky Casino the previous 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 as though a citizen that is second-class.

Appearing before the Gardena City Council on July 12, the ‘Hustler’ publisher lashed out at the local board for voting against his fortunate Lady Casino indication and deciding to amend tax breaks previously afforded to the planned location.

The Normandie Casino ended up being 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 in the populous city located south of Los Angeles.

The council initially said it would provide substantial tax breaks to Flynt. Nevertheless, City Manager Mitch Lansdell added a provision during the eleventh hour 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 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 dissatisfaction and anger over the council’s tax structure changes, he’s also at war with the city over their Lady that is lucky branding. Flynt’s team offered a logo featuring a girl in a low-cut swimsuit with her feet draped throughout the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘we nevertheless 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 just don’t believe is good.’

But Flynt countered by saying the statutory law is on their 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 says their plans to invest $60 million into the Normandie over the next four years are being put on hold. The card club is a rival that is former of Hustler Casino as the two properties are less than a mile aside.

Flynt had been ready to go 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 proposal that just a fool could sign, and I’m no fool,’ Flynt said. ‘I’ve never heard in my 50 many years of business, I never, ever heard of a deal like that.’

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

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

Interpol is continuing its crusade against illegal activities gambling, but the agency is being criticized by some for seeking the tiny dudes instead regarding 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 july 1st’s 2016 UEFA European Championship (Euro 2016).

The international legislation enforcement agency revealed on July 18 so 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, Southern Korea, and the Philippines.

Interpol believes those apprehended handled $649 million in bets.

‘Illegal gambling yields massive profits for organized crime networks which can be 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 not have already been achieved without global information sharing and the efforts that are significant regulations enforcement authorities on the bottom.’

Massively Popular, Massively Corrupt

Soccer, or soccer as it’s more commonly understood in the states, is the most sport that is popular the world. The game is estimated to have 3.5 billion fans that earnestly view, follow, or play soccer.

Its appeal that is vast makes ideal for rogue criminal syndicates. And while soccer takes a backseat to US football in the usa, 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 network out of his villas at Caesars Palace in nevada. Though he was later on acquitted as tactics employed by investigators were very questionable, the case highlighted the enduring problems of illegal recreations betting.

The government that is federal over 90 % 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 centering on unlawful gambling in 2007. Up to now, Interpol claims $53 million in cash has been sized and over 3,400 illegal gambling dens have been halted.

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

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

‘Interpol has been coordinating anti-sport gambling operations 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 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 enhance the mega illegal operators by cutting out small ones.’

Eaton may have a valid point considering the FBI estimated Phua’s team had taken in $357 million in unlawful bets in 2014.

The United states Gaming Association claims People in the us alone will bet nearly $139 billion illegally on sports in 2016. That is why Interpol just intercepting $6.4 billion in bets over nine years might not be something to celebrate.

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