Atlantic City Trump Plaza More Likely to Close in September

Atlantic City Trump Plaza More Likely to Close in September

Trump Plaza’s shutdown will mean that as four Atlantic City casinos could be closed this year. (Image: Lisa Andres/Flickr)

The casino industry of Atlantic City is currently facing an unprecedented freefall. After years of declining revenues, at least two casinos have already closed or plan to shut this present year, and another is facing a second bankruptcy in two years. And now, a fourth has stated that they additionally expect you’ll shut straight down in just a months that are few.

That’s the fate that is apparent of Trump Plaza casino, as Trump Entertainment Resorts has said that they anticipate the venue to close on September 16. Although the owners reportedly said that the decision isn’t entirely last, employees were to get warnings associated with the anticipated closing on earlier this week.

‘Although [the] review hasn’t been completed and no ultimate decision is made, the company expects that it will end the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,’ the business told the Associated Press.

Trump Plaza Joins Other AC Closures

If the closure goes through as expected, the end result could be that as many as a third of Atlantic City’s casinos could close this year down. In January, the Atlantic Club shuttered its doors, while the Showboat is about to close in August. Meanwhile, the Revel is currently in bankruptcy court for the time that is second and could potential Read more “Atlantic City Trump Plaza More Likely to Close in September”

Chauffer Suspect in Murder of Taiwanese Mogul Shih Chia-chin

Chauffer Suspect in Murder of Taiwanese Mogul Shih Chia-chin

Hsieh Yuan-hsin is the primary suspect in the kidnapping and murder of Shih Chia-chin. (Image: Taiwan police)

Taiwanese online gambling ringleader Shih Chia-chin may never be a home name in the Internet betting community, but he had been infamous in his home country for the wealth he obtained by running their internet sites. Now, their murder and kidnapping have shocked the area country. Shih’s body was found evening in Tainan County by police sunday. He had been allegedly murdered after being kidnapped by his chauffeur and a few others on August 18.

Chauffeur Abducted Shih at Airport

On that day, Shih was acquired at the Taoyuan airport near Taiwan by their chauffeur, Hsieh Yuan-hsin. Just three hours later on, the accountant at Shih’s business received a telephone call saying that Shih had been kidnapped and demanding a ransom of TW$50 million ($1.67 million). Shih’s family attempted to negotiate with the kidnappers, eventually agreeing to wire TW$30 million ($1 million) to three separate bank accounts.

When the family still don’t hear from Shih, they contacted the police for assistance later that day. Hsieh evidently made a try to withdraw the transferred ransom soon thereafter, but fled when he had been asked to provide identification at the bank.

Hsieh Flees to Thailand

Despite efforts from prosecutors who issued a warrant to bar him from leaving the nation, Hsieh managed to board a flight to Thailand simply h Read more “Chauffer Suspect in Murder of Taiwanese Mogul Shih Chia-chin”

Pinnacle Sports Stanley Tomchin Avoids Felony Charges

Pinnacle Sports Stanley Tomchin Avoids Felony Charges

Stanley Tomchin had been originally accused of 56 felony costs. (Image:

Stanley Tomchin has some stake in the online bookmaker Pinnacle Sports, but it’s uncertain if he’s a primary owner of the site. He was certainly a skilled games player, though it’s hard to say exactly how impressive his accomplishments actually are. But a very important factor is for sure: Tomchin defintely won’t be spending any time in jail in the future that is immediate.

Tomchin reached a plea contract with the Queen’s County District Attorney’s Office in New York, pleading responsible to a misdemeanor fee, but avoiding the 56 felonies he had been faced with back in 2012. At the time, Tomchin was facing charges money that is including, enterprise corruption, and conspiracy.

Tomchin Avoids Jail Time

Those charges could have include extensive jail time. Instead, Tomchin will avoid both prison and supervised probation after closing the case with just one course B misdemeanor. The cost is conspiracy within the sixth degree, the category that is lowest of criminal misdemeanor under New York State law.

‘The District Attorney’s workplace began this case with an exaggerated press statement that sought to portray Mr. Tomchin as being a gangster kingpin,’ said attorney David Deitch. ‘Their willingness to resolve the way it is with a plea up to a course B misdemeanor shows that those claims were no more than a smoke and mirrors ade Read more “Pinnacle Sports Stanley Tomchin Avoids Felony Charges”

Macau Casino Workers Want Better Pay. Macau workers are demanding better pay

Macau Casino Workers Want Better Pay. Macau workers are demanding better pay from the gambling enclave’s casino operators.

Macau gambling enterprises are taking in money hand over fist. Although the rate of development is slowly, revenues continue to rise in the gambling that is chinese, which ingests about seven times as much in casino winnings as Las Vegas each 12 months. This suggests that there should be money that is enough go around for everybody in the industry, but casino workers say that the wide range isn’t finding its means into their pockets.

Workers at Galaxy Macau planned a protest week that is last the resort in response to a local trade union’s allegations that salaries during the resort had been ‘disrespectful’ to some workers. That follows protests a week early in the day at the venetian, which is owned by the las vegas sands.

‘For both Galaxy and Sands we are not governing out a hit,’ said Ieong Man Teng, president of a labor that is local known as the Forefront of Macao Gaming. Local media reports have suggested that August 28, which may be the Venetian’s anniversary, might be a hit.

Foreign Workers Barred From Many Jobs

In Macau, casino employees have a fair amount of leverage thanks to labor regulations which do not enable foreigners to work at casino tables. Which includes created an environment where locals enjoy an unemployment price of simply 1.7 %, and in which casinos must offer competitive wages in purchase to retain their staff. That leve Read more “Macau Casino Workers Want Better Pay. Macau workers are demanding better pay”