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Crown Melbourne Casino Workers Protest Wages weekend

Crown Melbourne Casino Workers Protest Wages weekend

Crown Melbourne casino workers are demanding higher pay plus an additional bonus for overnight weekend shifts.

Crown Melbourne casino workers held a demonstration that is public night outside the Melbourne Convention Centre in protest of overnight weekend wages paying equivalent rate as weekday night shifts.

The United Voice Casino Union was negotiating with the casino for higher pay for employees who work 7 pm to 7 am on and Saturday friday. The union is seeking a $3 AUD ($2.31 USD) each hour surcharge for the graveyard shifts.

In addition, the union is also following a five per cent raise for many employees at all hours. Crown offered a 2.75 percent increase but the proposal was rejected.

Crown Melbourne compromises two city blocks and is the largest casino complex in the Southern Hemisphere. With roughly 5,500 employees, the resort is Victoria’s largest solitary company.

United Voice stated of its protest, ‘ the casino has been told by us that we are severe. Now it’s time to show them. Without us. while they think we are already paid enough, we know they don’t make record profits’

Warriors weekend

For now, the union is going for a more approach that is civilized to walking off the job in strike. Some 200 protestors turned out along the promenade on Friday evening.

The group circled the casino chanting for greater wages and signs that are holding their demands.

While the five per cent all-encompassing raise is one wish of t (more…)

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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 through the Decentralized Autonomous Organization, plunging investors into a panic, however some argue that no theft has taken place.

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

If this sounds bewildering, we will attempt to explain.

Ether is the currency supported by the Ethereum blockchain, a platform designed to provide greater flexibility for decentralized currencies that are peer-to-peer-traded projects developed on top of the bitcoin protocol. Ethereum permits the creation of ‘smart contracts,’ which enables all types of business transactions and not just currency transfers.

The DAO is an organization that is completely leaderless on the Ethereum platform and run entirely on computer code. It makes use of these smart contracts to build an investment capital fund devoted to sponsoring cryptocurrency that is new. All DAO decisions are taken via a vote of its members who use digital tokens, purchased with Ether, to register their vote. In this manner, DAO had raised $162 million to greatly help investment fledgling projects.

Remain Calm

But DAO people watched in horror, in real-time, on Friday, as a hac (more…)

Read more...

Crown Resorts $1.1 Billion Sydney Casino Venture Cleared for Take-Off

Crown Resorts $1.1 Billion Sydney Casino Venture Cleared for Take-Off

An music artists’ rendering of Crown’s towering Crown Sydney Hotel Resort, which was green-lit this week

James Packer’s Crown Resorts has received approval to transform the skyline of Sydney, Australia, using the creation of a skyscraping $1.1 billion casino resort.

The 72-story Crown Sydney Hotel Resort project has cleared the final hurdle, signed down on Monday by the brand New South Wales Planning Assessment Commission, now awaits the formality of the green light from the state government for construction to start out. Crown was also awarded a 99-year gambling license.

The casino resort complex, which will be Sydney’s 2nd, after Star Casino, will tower above Barangaroo on the edge that is northwestern of’s central business district and certainly will aim to attract high-rolling gamblers from Asia.

Crown Resorts recently announced it would sell $800 million of its shares in Macau-based Melco-Crown, reducing its stake from 34 percent to 27 per cent, reigning in its expansion in Asia in order to focus on projects closer to house.

Such as the Sydney casino, Crown has expensive new developments earmarked for Melbourne and Perth and, as Macau’s fortunes tumble, they evidently decided that it is safer to lure Asian high-rollers to Australia.

Changes Ordered

The Crown Sydney will boast a 300-room hotel with apartments, restaurants, pubs, stores, conference facilities and VIP video gaming rooms. Crown has said th (more…)

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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 through the Decentralized Autonomous Organization, plunging investors into a panic, many argue that no theft has happened.

Ether, the currency that is digital happens to be billed because the ‘next’ bitcoin, plunged in value on Friday when a hacker exploited a software flaw within the Decentralized Autonomous Organization (DAO), giving very same of $50 million Ether into the ether and the cryptocurrency investment community into a panic.

If this sounds bewildering, we are going to you will need to explain.

Ether is the currency supported by the Ethereum blockchain, a platform designed to provide greater flexibility for decentralized currencies that are peer-to-peer-traded projects developed on top of the bitcoin protocol. Ethereum permits the creation of ‘smart agreements,’ which enables all kinds of business transactions and not just currency transfers.

The DAO is an organization that is completely leaderless on the Ethereum platform and run completely on computer code. It utilizes these smart contracts to build a venture capital fund devoted to sponsoring new cryptocurrency projects. All DAO decisions are taken via a vote of its people who use digital tokens, purchased with Ether, to register their vote. In this manner, DAO had raised $162 million to help investment fledgling projects.

Remain Calm

But DAO people watched in horror, in real-time, on Friday, as a hac (more…)

Read more...