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Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future



Carl Icahn accuses New Jersey State Senate President Stephen Sweeney of selling out Atlantic City by supporting a north Jersey casino.

Business mogul Carl Icahn and New Jersey State Senate President Stephen Sweeney exchanged harsh terms final Friday, with each accusing the other of selling out some portion of Atlantic City for their own gain. The war of words started after Sweeney participated in protests with union employees from the Trump Taj Mahal, protests of which Icahn proved to be a major target.

Those protests were designed to fight back against a Trump Entertainment plan to break out of a contract and cut pensions and benefits for workers in order to cut costs and keep the casino open as we reported earlier this week.

The organization says that the casino will have to close on November 13 unless numerous concessions are granted to it, including the cutbacks in employee benefits and $25 million in help from their state, along side heart of vegas slots casino – free slot games a reduced income tax assessment.

Workers Blame Icahn

But Icahn turned out to be a major figure in the protests. The protesters demonstrated near the Tropicana, which is owned by a group led by Icahn, and numerous see him as the threat that is true the advantages and wages made available from their current positions. In bankruptcy court, Trump Entertainment has requested permission to turn its venue over to Icahn by transforming the financial obligation he holds in 继续阅读