Carl Ic<span id="more-19169"></span>ahn-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 medical offer, or it is off the 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 New York 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 cleaners, organized by Local 54 of the Unite-HERE union, stepped off the premises in protest at the loss of healthcare and retirement benefits.

Action proceeded over the normally profitable 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 shall 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 take on nearly all its $286 million debt as an ingredient associated with the purchase agreement.

He also promised to show that debt into equity and to invest into 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 some signs of recovery into the Atlantic City casino sector, union workers want their advantages to reflect the uptick. Industry analysts have called the seaside resort’s amount of 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 too be rightsized.

Demos Outside Trump’s New York 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 said that Icahn would create a great Secretary of the Treasury in their theoretical case. Icahn hasn’t expressed any curiosity about such a position, however.

While the Trump Taj Mahal still bears the name of this presumptive GOP presidential nominee, he not has any financial desire for the home. Trump bought it in 1988, unfinished, for $230 million, but by the time it absolutely was finished in 1990, construction expenses 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 a lot of money using this property, an incredible number of bucks that could have been used to reconstruct 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. Then all of America’s workers are in trouble. if that takes place,’

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 speaing frankly about odds as opposed to the overall game, an ailment he puts down to gambling that is excessive during sports broadcasts. (Image:

Australia’s pokie devices should be limited to $1 per spin, while gambling advertising during activities broadcasts that may be viewed by minors must certanly be banned, say two influential politicians that are australian.

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 clearly was cause that is increasing concern about the gambling habits of its citizens.

The proliferation of pokies, or slots, as they are understood somewhere else, is a hugely controversial issue in Australia, and with justification.

You will find five time more slot machines into the country, per capita, than you will find in the US, and meanwhile, recent studies show that Australians spend more per mind on gambling than other country on the planet; twice as much as in the usa 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

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 formerly supported reform, now claims it’s up to your national governments associated with Australia’s states and territories to decide unique gambling rules. But Xenophon and Wilkie believe he could be fudging the problem.

‘ We will be arranging a whole series of measures, both in the parliament and outside the parliament, to deal with the problem 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 parents that are many approached all of us to state they have been appalled their kids are speaking about … the chances of a game instead of the overall game itself.’

Untrustworthy Regulators

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

‘The case is compelling, plus it is quite, really sad that up until now, parliamentarians have not appeared to care enough about the hurt caused by issue gambling; that parliamentarians are pleased to be completely out of step with the majority that is vast of members of this community who desire strong reform,’ said Wilkie.

Larry Flynt Scolds Gardena City Council Over Casino Signage and Last-Minute Tax Provision

The Gardena City Council isn’t laughing at Larry Flynt’s logo for his planned Lucky Lady Casino at the previous home 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 Ca the purveyor of things risqué says he feels like a citizen that is second-class.

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

As 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 house earlier this month for a price that is undisclosed.

He’s planning to renovate the Normandie and rebrand it while 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 income tax breaks to Flynt. Nonetheless, City Manager Mitch Lansdell included a provision at the minute that is last now states Flynt must pay $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 here, i have paid the city $80.5 million in taxation 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 town and received so little.’

Not Too Lucky

Apart from Flynt’s frustration and anger on the council’s tax framework changes, he’s also at war with the city over their Lucky Lady branding. Flynt’s group provided a logo having a woman in a low-cut swimsuit with her legs draped over the ‘Y’ in Lucky.

Council member Tasha Cerda took offense.

‘we nevertheless believe this is offensive to ladies,’ 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 simply do not think is good.’

But Flynt countered by saying the legislation is on his side. Flynt referenced a landmark choice by former US Supreme Court Justice Antonin Scalia that warned governments to not try to legislate ‘taste.’

Ultimatum Delivered

Flynt claims 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 previous rival regarding the Hustler Casino once the two properties are less than a mile apart.

Flynt ended up being ready to maneuver forward with upgrading the Normandie following the council said he would receive taxation incentives whenever his revenues exceed $2 million per 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 I’m no fool,’ Flynt said. ‘I’ve never ever heard in my 50 years of business, i have never ever, ever heard of a deal like that.’

It’s uncertain if Lansdell and the Gardena City Council will require action to make renovating the Normandie more appealing to Flynt. The following scheduled meeting is July 26.

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

Interpol is continuing its crusade against illegal activities wagering, but the agency is being criticized by some for going after the small dudes instead associated with multibillion-dollar operators. (Image: European Pressphoto Agency)

Interpol arrested significantly 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 revealed on July 18 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 produces massive profits for arranged crime networks which can be connected to corruption, human trafficking and money laundering,’ said Jim Anderson, associate manager of Interpol’s Anti-Corruption and Financial Crimes Unit. ‘The successes of Operations SOGA and Aces would not were achieved without global information sharing and the significant efforts by regulations enforcement authorities on the ground.’

Massively Popular, Massively Corrupt

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

The notorious Paul Phua made lots of headlines in 2014 when he allegedly operated a boiler-style that is illegal network out of his villas at Caesars Palace in vegas. Though he was later on acquitted as tactics employed by investigators were highly questionable, the full instance highlighted the enduring potential risks of illegal activities 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 SOGA that is sixth operation by Interpol since it began targeting unlawful gambling in 2007. To date, Interpol claims $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 itself in the back, only a few specialists believe the agency is certainly going about it the right way.

‘Interpol happens to be 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 police that is token look good, but tend to boost 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 American Gaming Association claims People in the us 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 may possibly not be something to commemorate.

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