Donald Trump is expanding their campaign staff, and one key hire is Michael Abboud, nephew of Las Vegas Sands executive Andy Abboud. (Image: Drew Angerer/Getty Graphics)
Donald Trump is planning their campaign for the stage that is final winning the White House in November over Hillary Clinton. This week the Republican nominee announced the hiring of three key roles, and the absolute most revelation that is notable the gambling community is the employing of Michael Abboud.
Abboud is the nephew of Andy Abboud, the Las Vegas Sands senior vice president of government relations and community development. Las Vegas Sands is owned by billionaire Sheldon Adelson who may have pledged $100 million to Trump’s efforts.
In line with the Trump campaign, Abboud will ‘execute the campaign’s fast response and day-to-day messaging.’ The 26-year-old will additionally provide Trump with briefings and breaking news stories.
‘As we continue steadily to work to defeat Hillary Clinton this November, I am constantly building a superior governmental team,’ Trump said in a declaration. ‘We are taking our communications to the people so that we can again make American Great.’
Scratch My Back, Scratch Yours
Adelson is one of the staunchest supporters of the GOP. While the billionaire has historically spread his donations across Republican prospects, in 2016 he’s going all-in with Trump.
As well as being one of Continue reading
NBA Commissioner Adam Silver is one voice that is prominent wants to end gambling prohibition on professional sports, but until the law changes prosecutors will stay going after underground sports betting rings.
Sports gambling is illegal in the us with Nevada being the exception that is lone but that didn’t stop four men from managing a billion-dollar sports gambling procedure in California and brand New York.
Brooklyn District Attorney Ken Thompson announced on June 30th that four individuals have been charged in a 57-count indictment with managing a sports gambling ring on the Internet. Thompson says the group’s wire room ended up being situated in San Jose, Costa Rica.
Based on Thompson, the four guys collected $927 million in illegal bets during last 12 months’s NFL season alone.
‘Illegal gambling isn’t crime that is victimless it preys on peoples’ vulnerabilities and directly leads to money laundering, loansharking and a host of other crimes,’ Thompson said. ‘ This gambling that is huge, perhaps the biggest one ever become dismantled by a regional prosecutor’s office, allegedly moved millions of bucks across the united states of america as well as the world.’
Prosecutors allege that the group operated a series of password-protected sites that offered lines and wagering opportunities. Gamblers additionally used a toll-free hotline that is betting.
The defendants did little to Continue reading
The GOP online gambling stance may not have been the most compelling issue of a very heated and contentious presidential campaign. But news that the Republican Party has now reversed a push that is previous ban Internet gambling at the federal level should nonetheless be welcome to Americans whom like to gamble on their laptops and pills.
Republicans reverse their stance on Internet gambling: GOP candidate Donald Trump (seen only at the RNC early in the day this week) can be $100 million indebted to RAWA advocate and billionaire that is fellow Adelson, but online gaming isn’t likely to be an imperative issue to a brand new administration regardless.
The anti-online stance has been a position many within the Republican Party have taken since the Department of Justice (DOJ) decided to singlehandedly rewrite federal law in 2011, issuing an opinion about the 1961 Wire Act. The memo stated that the statute that is longstanding bans interstate transmissions and cable communications used and then bets on sports and competitions, and nothing beyond.
But as Donald Trump officially became the GOP nominee on July 21 during the night that is final of Republican National Convention (RNC), gambling proponents got wind that the party was easing its stance on Internet gambling as well.
Based on Gambling Compliance, the Republican National Committee will no much longer urge its members to oppose iGamin Continue reading
The Trump Taj Mahal is mostly about to end up being the 5th Atlantic City casino to close its doorways once and for all in 3 years. Its closure will signal a final end to the Trump casino brand name forever.
Union members protest outside the Trump Taj Mahal, which will close its doors on September 4, 2016. Icahn Enterprises says it has lost $100 million on the endeavor.
In the midst of industrial action by members of the Unite Here Local 54 Union, who have been picketing the Taj for weeks, 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 center of Labor Day, that will be a wild coincidence, or it may be a deliberate and final insult to the union, which Icahn blames for derailing his last-ditch try to save your self the Taj.
Icahn stepped in to rescue the casino in 2014, when its owners that are previous Trump Entertainment, declared bankruptcy. The billionaire raider that is corporate the bulk of its $286 million debt, which he ended up being ready to convert into equity.
Icahn additionally said he had been willing to invest $100 million into the home, if, and only if, he had been granted concessions that are certain the town. These included the temporary cessation of worker pension and healthcare advantages, that have become the focus of the squabble between Icahn Enterprises and the casino e Continue reading
Table game income at Pennsylvania casinos will be taxed two soon % greater, and the increase will most greatly affect the Sands Casino Resort in Bethlehem.
Pennsylvania gambling enterprises will quickly begin paying higher taxes on revenues generated at their tables. Lawmakers in Harrisburg continue to look for new sources of income to bridge a $1 billion spending plan space in their state’s investing plan for the upcoming financial year, and gambling is enemy #1.
The legislature that is republican-controlled approved increasing fees on casino table games from 14 to 16 %, an apparently modest hike that in reality will probably pay substantial dividends. Based on calculations, the state stands to get an additional $17 million annually from the 2 % bump.
The 16 percent taxation rate switches into effect next week.
‘This one kind of came out of nowhere,’ Sands Casino Resort Bethlehem CEO Mark Juliano told The Call in Allentown morning. ‘We’re not happy about. Pennsylvania is currently the highest tax environment for casinos, but we’ll deal along with it.’
Feet in the Sands
The tax increase on Pennsylvania casinos will impact that is most the Sands Bethlehem resort. Owned by billionaire Sheldon Adelson, one of Donald Trump’s biggest financiers in the 2016 presidential election, Adelson’s venue is considered the most profitable casino within the Keystone State.
Through 30, 2016, Sa Continue reading