Cleveland’s Horseshoe Casino Gets Spanked, While Revel Almost Goes Broke

Cleveland’s Horseshoe Casino Gets Spanked, While Revel Almost Goes Broke

Don’t mess aided by the Ohio Casino Control Act, the Ohio Administrative Code, or the Casino Internal Controls within the ‘Birthplace of Aviation’ state; they truly are watching you, and watching you closely. This year with fines for not doing things the kosher way so the swank Horseshoe Casino in Cleveland is finding out, after being hit for a second time.

The first fine followed a slot machine being released to the casino with unapproved pc software; that has been only a $15,000 hit, which up to a casino, will be just like a cop giving you a ticket for the penny. But now, the price is rising, after multiple additional and random violations were reported, and now the slap has moved to a spank with a total of $180,000.

Various Violations

Among the odd melange of wrongdoings were using dice from unapproved vendors in Fortune Pai Gow poker; encouraging cocktail waitresses to come right into restricted game pit areas; removing, storing and shipping three slot machines along with their software (no indication of to whom or why this is wrong); and…drum roll, please…the worst sin a casino can perpetrate: neglecting to are the hotline phone number on their ‘When the Fun Stops’ problem gambling ads. Whoops.

Senior V.P. Not Extremely Concerned

The Horseshoe’s Senior V.P. and manager that is general Marcus Glover, wasn’t acutely apologetic about any one of it, simply saying that ‘[we] have a Continue reading “Cleveland’s Horseshoe Casino Gets Spanked, While Revel Almost Goes Broke”

German Banker Accused of Stealing Millions to Fund Gambling Habit

German Banker Accused of Stealing Millions to Fund Gambling Habit

A German banker is component of a new trend of high-dollar gambling thefts

It’s absolutely nothing a new comer to hear about people stealing money in purchase to spend it on gambling. But, it’s rare that the theft ever gets this big. A 39-year-old bank that is german happens to be accused of stealing over €8 million ($10.6 million) from customers, which then he spent at casinos over the course of years.

Stole Undetected for Years from Customers

According towards the costs, the man works in Buxtehude, a Northern Germany town that is clearly a suburb of Hamburg. No fewer than 156 times over the course of more than three years spanning between 2007 and 2010 the man stole money from customers’ accounts. He additionally directly took cash which had been directed at him by customers to spend. In accordance with prosecutors speaking in Stade District Court, the man even faked customer signatures on several occasions in an effort to gain access to their money.

The amounts stolen varied greatly from customer to client. At some times, he took only a few hundred euros; in the most cases that are dramatic a few hundred thousand euros were taken out of accounts simultaneously.

In total, €8.4 million ($11.1 million) was removed of consumer accounts within the years. That cash was then mostly spent at a local casino in Hamburg.

According to prosecutors, the unnamed guy had already repaid €4.5 million ($6 mil Continue reading “German Banker Accused of Stealing Millions to Fund Gambling Habit”

German Banker Accused of Stealing Millions to Fund Gambling Habit

German Banker Accused of Stealing Millions to Fund Gambling Habit

A German banker is component of a new trend of high-dollar gambling thefts

It is absolutely nothing not used to hear about people money that is stealing purchase to spend it on gambling. Nonetheless, it’s rare that the theft ever gets this big. A 39-year-old bank that is german was accused of stealing over €8 million ($10.6 million) from customers, which he then spent at casinos on the course of years.

Stole Undetected for Years from Customers

According to your charges, the person works in Buxtehude, a Northern Germany town that is clearly a suburb of Hamburg. No fewer than 156 times over the course of more than three years spanning between 2007 and 2010 the man stole money from customers’ accounts. He also directly took money which had been provided to him by customers to invest. In accordance with prosecutors talking in Stade District Court, the man even faked customer signatures on several occasions in an effort to gain access for their money.

The amounts stolen varied greatly from customer to client. At some times, he stole only several hundred euros; in the many cases that are dramatic a few hundred thousand euros had been taken away from accounts at once.

As a whole, €8.4 million ($11.1 million) was applied for of customer accounts over the years. That money was then largely spent at a casino that is local Hamburg.

According to prosecutors, the unnamed man had already paid back €4.5 mill Continue reading “German Banker Accused of Stealing Millions to Fund Gambling Habit”