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Trump Taj Mahal Atlantic City Shutdown Moving Ahead

Trump T<span id="more-6257"></span>aj Mahal Atlantic City Shutdown Moving Ahead

The Trump Taj Mahal in Atlantic City has begun the entire process of shutting straight down, starting with the closing of 1 casino tower.

The Trump Taj Mahal has entered early phases of a shutdown, even while the Atlantic City resort continues to talk to union representatives and state officials about deals the home’s owners say could save the casino.

Trump Entertainment filed a petition week that is last for permission to formally close the casino on the scheduled December 12 date that has been floated for some time now, and actions working towards that closure begun to take destination on Monday this week.

The signs that are first the resort might be headed for a shutdown began on Monday, when the Chairman Tower of this resort was closed. The Chairman may be the newer of the two hotel towers at the resort. In addition, the casino has stopped issuing credit to customers, though gambling and hotel services are otherwise uninterrupted for the time being.

Concessions Desired from Government, Unions

Trump Entertainment Resorts has said that the casino could remain open through a transfer of ownership to investor Carl Icahn. But, both the business and Icahn have said that this could only take place should they could get tax breaks from Atlantic City and the state of the latest Jersey, and if they could get concessions through the labor union that represents workers at the casino.

Neither the government nor the union has shown much of a need to cave in to these demands. However, talks have actually been ongoing and there may be some signs of movement within the last few days, that could offer at least a glimmer that is small of to those who want to see the Taj Mahal remain in business.

Local 54 of the UNITE-HERE union, which represents about 2,700 workers at the resort, is appealing a bankruptcy court decision that could break the contract that is current the union and Trump Entertainment, which would in turn let the company to get rid of payments to your union health fund and retirement plans.

Icahn has now publicly stated he would be willing to accept restore those healthy benefits for at the least two years and produce a new pension policy for workers, but as long as they in change will drop their appeal of the bankruptcy court ruling. The union has yet to comment on whether they would accept this type of deal.

New Legislation Could Provide Tax Relief

Meanwhile, a new little bit of legislation introduced on Tuesday by State Senate President Steve Sweeney (D-3rd District) and State Senator James Whelan (D-2nd District) would provide some of the tax relief that Icahn and Trump Entertainment were lobbying for. The new bill would enable Atlantic City’s casinos to pay $150 million in place of their normal tax payments within the next two years, while additionally redirecting money originally made for redevelopment tasks to help pay down Atlantic City’s debt.

While the tax relief has some features in common with what the Taj Mahal was asking for from the continuing state, Trump Entertainment CEO Robert Griffin would only say that ‘ we will see’ if the bill would be enough to help keep the Taj Mahal open.

The bill would also help secure some associated with demands being produced by casino worker unions by mandating minimum wellness insurance coverage and retirement packages for casino employees.

‘My plan was created to protect Atlantic City from bankruptcy and position the city for future growth that is economic’ Sweeney stated.

Four gambling enterprises have already closed in Atlantic City this year; if the Trump Taj Mahal had been to close, only seven would stay in the city.

Yahoo Poker Coming Off US Market Amid Classic Game Elimination

Yahoo will remove poker and other games from its online collection on December 31. (Image:

Yahoo Poker will be removed the market at the end of the as Yahoo has announced that they will be eliminating a number of their older games at that time year. The move comes not long following a strong advertising push for the overall game, one that prompted speculation that the Internet company could be trying to enter the world of real money online gambling.

‘As of December 31st, 2014, Yahoo Games will no longer offer the Yahoo Classic Games including Yahoo Poker, Yahoo Pool and Yahoo Bingo on internet or mobile products,’ read a statement on the yahoo Poker page that is main. The knowledge also reappeared in a pop-up message for players as soon as the game packed.

Advertising Push Suggested Big Plans for Poker

Yahoo Poker has been around in various forms for several years, dating back to at least the late 1990s. But, the site just recently started getting a noticeable marketing push that made some wonder if the business had larger plans because of its Texas hold em game. In November, ads for the game started turning up on Yahoo’s fantasy football website pages, which can be a number of the company’s most effective ad space for attracting young male consumers, the same demographic often targeted for internet poker.

This version of Yahoo Poker shared much more in common with a social game than any real money poker site, however. Players could buy extra potato chips and a handful of other perks in the game, but there were no awards and no games were actually played for money. But one or more analyst saw the advertising push being a sign that Yahoo might be looking to do more within the poker world.

‘The brand new Yahoo Texas Hold’em portal could be easily monetized if the appropriate environment were to become more favorable,’ wrote Marc Edelman, an Associate Professor of Law at the town University of the latest York’s Baruch College, in a piece for Forbes. ‘It seems for now that Yahoo is certainly planning ahead of time for the potential time of widespread, appropriate online poker.’

That analysis may happen a bit positive, as Yahoo has made no indication that they truly are moving towards offering money that is real poker or gambling ladbrokes casino bonus code any place in the world. But it established speculation throughout the poker community, with a few players saying they might welcome a new heavyweight in the entire world of Internet gambling.

Yahoo Poker Could Return in Brand New Form

The announced shutdown, nonetheless, should stop speculation that is such at least for the present time. According to Yahoo, the move had been made because many of their games that are classic now outdated. These games are now ‘incompatible, insecure and no longer functioning correctly. because the company’s web sites now have greater security needs and make use of new supporting technologies’

Forbes also quoted an e-mail by Yahoo Games PR Manager Sean Hamel, which said that the reason that is main games were being dropped was ‘to streamline our item offerings and focus our energy and resources on developing for Yahoo’s core experiences.’

For individuals who will miss Yahoo’s poker game, there might be hope within the future. While no details are yet available, Yahoo has said that new games will be launched which may better meet their security and software requirements. It’s likely that these games will mostly undertake the modern ‘free-to-play’ format that permits players to purchase perks that are in-game real cash, a model known well to players of games like Farmville and Candy Crush.

Assemblyman Mike Gatto Wants California On-line Poker Bill Passage in 2015

California Assemblyman Mike Gatto, sponsor of Bill AB 9, which can be just one more try to legalize poker that is online the Golden State. (Image: AP/Rich Pedroncelli)

A brand new bill that seeks to legalize Ca internet poker in 2015 has been introduced by Assemblyman Mike Gatto this week. Bill AB 9, dubbed the ‘Internet Poker Consumer Protection Act of 2015,’ aims to ascertain a regulatory framework that would enable the offering of internet poker for players located actually within hawaii’s borders.

If passed, it would allow games to be up and running within 180 days.

‘Ca has led the world in computer and Internet innovation, and there is no reason that is good we can not continue to lead by having a sensible online-poker framework,’ announced Gatto. ‘AB 9 borrows from time-tested business practices that will improve our government finances and keep our money in our home state.’

The bill adopts a lot of the language utilized by previously proposed legislation that have so far foundered in California.

It limits potential licensees to current tribal operators and cardrooms, and pledges to be tough on ‘bad actors,’ outlining the unwelcome status of ‘any brand or business name, including any derivative manufacturer with similar or similar wording, or any trade or solution mark, software, technology, functional system, client information, or other information acquired, derived, or developed directly or indirectly from, or associated with, any operation that has accepted a bet or engaged in an economic transaction related to that bet from any person in the United States on any style of Internet video gaming after December 31, 2006.’

Door Somewhat Ajar

This language appears to preclude PokerStars’ entry to your market, however the bill also includes a clause saying that regulators can realize your desire to waive the application of the above paragraph provided that an operator’s ‘use of the covered assets associated with intrastate Web gaming will not adversely affect the integrity of, or undermine public confidence in, intrastate Internet poker or else pose a threat to your public interest or to your effective regulation and control of intrastate Internet poker. at very first glance’

In other words: ‘We actually might let PokerStars in, but only whenever we feel like it,’ is the implied message. The home is far from wide open, but it’s slightly ajar.

The PokerStars question is a huge huge sticking point that has prevented stakeholders from agreeing on the language of past bills, and it’s one of many reasons internet poker hadsstalled in California within the past.

A big coalition of tribal operators is vehemently opposed to an online that is regulated space that may consist of PokerStars. On the reverse side of the coin, the Morongo Band of Mission Indians, allied aided by the poker clubs that are largest in the state, like the Commerce, the Bike and the Hawaiian Gardens, have signed an understanding with PokerStars to work together in a prospective post-regulatory environment.

The San Manuel Band also recently defected to the PokerStars camp. Nonetheless, it may well be that there’s enough in the language of this bill to appease both camps.

Land-Based Sign-Ups Only

Another aspect that is crucial of bill is that players will be needed to produce records in person at the poker site’s affiliated land-based cardroom, a measure presumably designed to restrict underage play, but which may well stymie the development of the overall game in the state. However, Gatto is confident that this bill could finally make 2015 the 12 months that California gets fully legal, regulated, and taxed online poker.

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