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Union Sales Strikes at Five Atlantic City Casino

Union Sales Strikes at Five Atlantic City Casino

Bob McDevitt, President of Local 54, who states that workers made sacrifices as soon as the casino industry’s chips had been down and he wants these reversed.

Atlantic City is dealing with industrial action at five of its eight casinos, as workers voted overwhelmingly to strike on July 1 unless work agreement negotiations is resolved.

Members of Local 54 of the Unite-HERE union were 96 percent in support of the walkout at Bally’s, Caesars, Harrah’s plus the Tropicana. The union had already voted to authorize a hit at Carl Icahn’s Trump Taj Mahal last month, although it is not clear whether it will be within the July 1 action.

Meanwhile, Borgata, Golden Nugget, and Resorts have actually been exempted because negotiations are progressing, the union said.

Sacrifices Made In Atlantic City

‘Today thousands of workers from Tropicana, Caesars, Bally’s and Harrah’s voted to authorize a strike on July 1 should they don’t have a fair agreement,’ said Bob McDevitt. ‘we have told the ongoing companies that we are available days, nights, and weekends to negotiate.

‘The ball’s in their court, he added. ‘They need to provide these workers a fair contract. We quit a great deal when times had been bad, now they need to give back to us. that they are making money,’

The union is aggrieved since it believes workers have agreed to make sacrifices in the last few years even though the casino industry has experienced financial hardships, which it want (mais…)

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, many argue that no theft has happened.

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

If this sounds bewildering, we’ll make an effort 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 agreements,’ which enables all types of business transactions rather than just currency transfers.

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

Remain Calm

But DAO members watched in horror, in real-time, on as a hacker exposed a software flaw to (mais…)

Pennsylvania Casino Industry Posts Record Revenues

Pennsylvania Casino Industry Posts Record Revenues

Sands Bethlehem, which grabbed the lion’s share of Pennsylvania’s record table game haul, but missed out general to its closest rival, Parx Casino.

Pennsylvania’s casinos reported the very best results in their nine-year history for the 12 months ending June 30, 2016. Based on the Pennsylvania Gaming Control Board, revenue from slots and dining table games topped $3.2 billion for the period, toppling the record that is previous $86 million. Table games revenue alone ended up being $839 million, up nearly 8 % on last 12 months.

Sheldon Adelson’s Sands Bethlehem could be the biggest casino in the state and, needlessly to say, it took the lion’s share of table games income, some $228.1 million, up 12.4 percent year-on-year, and dwarfing its closest competitor, Parx Casino, which took $155 million.

Rogue Chip Smuggler

Sands achieved this figure that is impressive incidentally, despite the revelation that among the casino’s dining table game supervisors was charged today with removing high-domination potato chips from the casino secreted in her bra.

Local girl Brandy Micheli-Cheatham, 44, had been spotted by eagle-eyed security staff stuffing six purple chips, each well worth $500, into her underclothing. She admitted to the crime after being apprehended by casino staff that has initially figured she had been just happy to see them.

Despite all the exciting interruptions down at the Sands, Adelson’s joint was not the surface of (mais…)