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

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 Carl that is mogul Icahn New Jersey State Senate President Stephen Sweeney exchanged harsh terms last Friday, with each accusing the other of selling out some portion of Atlantic City for their particular gain. The war of words started after Sweeney took part in protests with union employees from the Trump Taj Mahal, protests of which Icahn proved to become a major target.

As we reported earlier this week, those protests were built to fight 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.

The business claims that the casino will need to close on November 13 unless numerous concessions are granted to it, such as the cutbacks in employee benefits and $25 million in help from the state, along side a reduced taxation assessment.

Workers Blame Icahn

But Icahn turned out to be a major figure in the protests. The protesters demonstrated near the Tropicana, that will be owned by a group led by Icahn, and many see him as the true threat to the advantages and wages made available from their present positions. In bankruptcy court, Trump Entertainment has required permission to turn its venue over to Icahn by converting the financial obligation he holds in the company „Carl Icahn, Stephen Sweeney Go At It Over Atlantic City’s Gambling Future“ weiterlesen

FanDuel Signs Partnerships with 15 NFL Teams

FanDuel Signs Partnerships with 15 NFL Teams

The Packers are one of several NFL teams to sign partnership agreements with FanDuel.

FanDuel and DraftKings seem to be locked into a battle over which fantasy that is daily site will get bigger and better partners for their brand.

This week, it had been FanDuel making waves, once the larger of the 2 major day-to-day fantasy brands scored a partnership with around half of this franchises in the National Football League, ensuring they’ll have branding in many stadiums for the coming season.

The new deal will allow FanDuel to possess signage in stadiums, use radio and electronic marketing, and work on promotions with the individual groups.

However, the deal isn’t without conditions, plus it’s clear that the NFL is nevertheless being slightly cautious whenever it comes down to allowing the daily fantasy activities industry become an integral part of their league.

FanDuel is Not Official Sponsor for Teams or League

Under the current agreement, NFL team logos still cannot be used by FanDuel, either in advertising or on their website. FanDuel also defintely won’t be considered an ‚official‘ sponsor of either the NFL or any team that is individual.

They are similar to the limitations that are put on relates to casinos as well as other gambling venues when they reach advertising agreements with NFL teams.

‚A group sponsor is a company that can make use of the group logo or say, ‚We are the formal (company) for the team,“ NFL spokesman „FanDuel Signs Partnerships with 15 NFL Teams“ weiterlesen