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After Long Union Fight, Trump Taj Mahal Ironically Closing on Labor Day Weekend

After Long Union Fight, Trump Taj Mahal Ironically Closing on Labor Day Weekend

The Trump Taj Mahal is about to become the fifth Atlantic City casino to close its doors for good in 3 years. Its closure will signal a final end towards the Trump casino brand forever.

Union members protest outside the Trump Taj Mahal, which will shut its doorways on 4, 2016 september. Icahn Enterprises says it has lost $100 million on the venture.

In the middle of commercial action by members of the Unite Here Local 54 Union, who’ve been picketing the Taj for days, investor Carl Icahn has given up on the casino that is stricken will shutter it permanently on September 4.

That closure date strikes right in the exact middle of Labor Day, that will be a wild coincidence, or it might be a deliberate and final insult to the union, which Icahn blames for derailing his last-ditch attempt to conserve the Taj.

Icahn stepped in to rescue the casino in 2014, when its previous owners, Trump Entertainment, declared bankruptcy. The billionaire raider that is corporate the majority of its $286 million financial obligation, which he had been ready to convert into equity.

Icahn also said he had been willing to invest $100 million in the home, if, and just if, he were granted certain concessions by the town. These included the temporary cessation of worker pension and healthcare benefits, which may have become the focus of the squabble between Icahn Enterprises and also the casino workers’ union.

Out $100

 

Anonymous Attacks Billionaire Czech Finance Minister over Online Gambling Laws

Anonymous Attacks Billionaire Czech Finance Minister over Online Gambling Laws

Andrej Babis, the billionaire Czech deputy PM and finance minister, has been called the Czech Donald Trump. Hacktivist collective Anonymous has had exclusion to his online gambling regulations.

Anonymous, the left-wing ‘hacktivist’ collective, attacked online divisions associated with the food and agriculture kingdom belonging to Andrej Babis, the billionaire finance that is czech and deputy prime minister, this week, in protests over the country’s brand new online gambling laws.

Specifically, Anonymous was targeting internet censorship, due to the fact Czech Republic’s new gambling regime, introduced at the end of last month, contains provisions to blacklist non-licensed gambling sites.

This is creating the possibility of future ISP-blocking in the central state that is european.

‘The Finance Ministry led by Andrej Babis gets almost limitless power to censor the online world. It’s time to move against it,’ Anonymous said in a video posted on YouTube.

Based on news that is czech Lupa.cz, the group took straight down two of Babis’ websites on Monday evening, including that of their keeping company, Agrofert.

‘The Czech Donald Trump’

Babis is the country’s second-richest man and founder of this ANO 2011 party (YES 2011), which completed second in the Czech general elections of 2013, permitting him to form a coalition government with the incumbent Christian Democrat Party.

He’s been accused, variously,

 

Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

A hacker removed $50 million in Ether from the Decentralized Autonomous Organization, plunging investors into a panic, but some argue that no theft has taken place.

Ether, the digital currency that is billed because the ‘next’ bitcoin, plunged in value on Friday when a hacker exploited a software flaw into the Decentralized Autonomous Organization (DAO), giving very same of $50 million Ether into the ether and the cryptocurrency investment community into a panic.

If this sounds bewildering, we’ll attempt to explain.

Ether is the currency supported by the Ethereum blockchain, a platform designed to provide greater flexibility for decentralized peer-to-peer-traded currencies than projects developed over the top of this bitcoin protocol. Ethereum permits the creation of ‘smart contracts,’ which enables all forms of business transactions rather than just currency transfers.

The DAO is a entirely leaderless organization built on the Ethereum platform and run entirely on computer code. It uses these smart contracts to create an investment capital fund devoted to sponsoring new cryptocurrency tasks. All DAO decisions are taken via a vote of its users who use digital tokens, purchased with Ether, to register their vote. In this manner, DAO had raised $162 million to aid investment fledgling projects.

Remain Calm

But DAO members watched in horror, in real-time, on Friday, as a hacker exposed a software flaw to si

 

GOP Online Gambling Ban Stance Reversed, Nominee Trump Causes Acceptance Speech

GOP Online Gambling Ban Stance Reversed, Nominee Trump Causes Acceptance Speech

The GOP online gambling stance may well not have been the most compelling problem of a very heated and contentious presidential campaign. But news that the Republican Party has now reversed a previous push to ban online gambling at the federal level should nonetheless be welcome to Americans whom prefer to gamble on their laptops and tablets.

Republicans reverse their stance on Internet gambling: GOP candidate Donald Trump (seen here at the RNC early in the day this week) might be $100 million indebted to RAWA advocate and billionaire that is fellow Adelson, but on the web gaming isn’t apt to be an imperative issue to a fresh administration regardless.

The anti-online stance has been a position many in the Republican Party took since the Department of Justice (DOJ) decided to singlehandedly rewrite federal law last year, issuing a viewpoint about the 1961 Wire Act. The memo stated that the statute that is longstanding bans interstate transmissions and cable communications used only to wagers on sporting events and competitions, and nothing beyond.

But as Donald Trump officially became the GOP nominee on July 21 through the night that is final of Republican National Convention (RNC), gambling proponents got wind that the party was easing its stance on Internet gambling too.

According to Gambling Compliance, the Republican nationwide Committee will no much longer urge its members to oppose i

 

Japan Not Any Longer Offers Las Vegas Casino Companies’ Undivided Attention, as Brazil Emerges as Target

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NBA Commissioner Adam Silver Believes Sports Betting Legalization a Slam Dunk in Coming Years

NBA Com

 

Philippine Casinos Seek Exemption From Upcoming Smoking and Booze Ban

Philipp

 

Philippines Police Arrest 43 After Violent High-Roller Kidnapping at Solaire Casino

Philipp

 

Probability of Japan Passing a Casino Bill Lengthen, as Shinzo Abe’s Approval Rating Plummets

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West Virginia Rules DFS Game of Skill; No it’s Perhaps Not, Says Delaware

West Virginia Rules DFS Game of Skill; No it’s Perhaps Not, Says Delaware

Delaware AG Matthew Denn’s opinion it is that DFS is just a not a game of skill. At least, it’s not the way we play it!

Western Virginia and Delaware are two states that don’t have any plans to legalize daily fantasy sports in the future, and for two very different reasons. Two attorneys basic, 400 miles apart, have actually demonstrated two completely different opinions on the legality of the contests over yesteryear day or two.

On Monday, western Virginia’s AG ruled that there was no need to legalize DFS since it had been prominently a casino game of skill and therefore perfectly legal under West Virginia law.

‘We read state law to prohibit only betting upon games decided at least predominantly by chance,’ published Morrisey in his opinion. But DFS, he said ‘are determined predominantly by skill, knowledge, and athletic performance.’

A matter for the legislature whether West Virginia will now move to regulate and tax the DFS industry, as its neighbor Virginia became the first US state to do at the beginning of the year, is of course.

Delaware Pulls the Plug

In stark contrast, Delaware pulled the plug on DFS week that is last with its AG, Matthew Denn, ruling, perhaps more controversially, that the contests had been essentially games of chance.

‘Relying on the Delaware Constitution, as well as State and Federal case law, DOJ attorneys determined that online fantasy contests that incorporate payment f

 
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