\nOct. 10 (Bloomberg) \u2014 New Jersey casino workers threatened with the loss of their jobs if they don\u2019t accept cuts in health and pension benefits plan a protest today in front of Carl Icahn\u2019s Tropicana in Atlantic City.<\/p>\n
\tMembers of Unite Here Local 54 are locked in a battle with management of Trump Entertainment Resorts Inc., the Atlantic City casino operator that declared bankruptcy last month. Management is seeking to shift workers from a traditional pension to a 401(k) program and end the company\u2019s health-care plan, moving employees to an Affordable Care Act-sponsored program. If not, the company would close the Trump Taj Mahal.<\/p>\n
\tWorkers have targeted Icahn, Trump Entertainment\u2019s biggest creditor, because he has proposed taking over the Taj Mahal and has said he\u2019ll invest $100 million in the resort, keeping it open if he can obtain concessions from local governments and labor. The billionaire, through his Icahn Enterprises Holdings LP, is also the majority shareholder of Tropicana Entertainment Inc., which owns its namesake Atlantic City property.<\/p>\n
\t\u201cWe are currently focused on trying to save the Trump Taj Mahal and the approximately 3,000 jobs and numerous business relationships associated with that property,\u201d Trump Entertainment Chief Executive Officer Robert Griffin said in an e-mailed statement. He said the company was losing money, had dwindling cash reserves and had \u201csought assistance from all of our key stakeholders.\u201d<\/p>\n
\tTropicana officials didn\u2019t return calls and e-mails after business hours.<\/p>\n
\tNew Jersey State Senate President Steve Sweeney will join casino workers and other public officials at the protest, scheduled for 11 a.m. New York time, according to a release from the senator, a Democrat from West Deptford.<\/p>\n
\tSeveral hundred casino workers, some chanting \u201cno health care, no peace,\u201d blocked a highway in Atlantic City on Oct. 8 to protest the proposed concessions. Twenty-four people were arrested, according to Ben Begleiter, a spokesman for the union.<\/p>\n
\t\u2013With assistance from Michael Bathon in Wilmington.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
Oct. 10 (Bloomberg) \u2014 New Jersey casino workers threatened with the loss of their jobs if they don\u2019t accept cuts in health and pension benefits plan a protest today in front of Carl Icahn\u2019s Tropicana in Atlantic City. Members of…<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8129","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/posts\/8129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/comments?post=8129"}],"version-history":[{"count":0,"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/posts\/8129\/revisions"}],"wp:attachment":[{"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/media?parent=8129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/categories?post=8129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crapsclub.goldentouchserver.com\/index.php\/wp-json\/wp\/v2\/tags?post=8129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}