48 individuals indicted in bank fraud scheme at Atlantic City casinos Kim M Latest Casino and Gambling NewsRacketeeringFines, Lawsuits & LitigationFinancial FraudNew Jersey April 27, 2016 0On Monday, 48 people were charged with a bank fraud scheme that netted those involved more than $570,000. Most of...
U.S. Attorney’s office indicts Pellegrini, former VP at Mohegan Sun Pocono Lars Jones Latest Casino and Gambling NewsMoney LaunderingTax EvasionConspiracyFinancial FraudPennsylvania April 20, 2016 1An alleged love triangle drama gone bad with “crime never pays” subtitles has resulted in a 21 count federal indictment...
David Baazov, CEO and Chair of Amaya takes leave of absence amid insider trading charges Lars Jones Latest Casino and Gambling NewsWorld Casino NewsOnline PokerOnline Gambling NewsFinancial Fraud March 29, 2016 0After a seemingly miraculous rise to becoming the world’s largest online gambling company, Amaya’s CEO, David Baazov is taking a...
Amaya CEO’s brother reportedly took part in illegal trades in seven companies Alex Lanter Latest Casino and Gambling NewsCanadaFinancial Fraud March 28, 2016 0Several days ago information emerged that Amaya CEO David Baazov and at least 15 other individuals were facing insider trading...
Alleged casino conman nabbed in Las Vegas Kim M Latest Casino and Gambling NewsLas VegasFines, Lawsuits & LitigationFinancial Fraud March 27, 2016 0On Friday, the Nevada attorney general’s office announced that an alleged conman who promised he could best casino pit games...
Insider Trading charges announced against Amaya Gaming CEO David Baazov Sadonna Price Latest Casino and Gambling NewsWorld Casino NewsOnline PokerFinancial Fraud March 23, 2016 0Back in June of 2014, the Rational Group was acquired by Amaya Gaming. The Rational Group was the parent company...
Probation for Illinois man involved in Indiana casino fraud Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationFinancial FraudIndiana March 3, 2016 0Rather than jail time, an Illinois man was sentenced to eight years of probation resulting from several charges related to...
Casino employee’s luck runs out/nabbed for computer fraud, theft Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsCasino CheatingGaming Industry NewsData ProtectionFines, Lawsuits & LitigationFinancial FraudLouisiana February 22, 2016 0On Friday, an employee of a casino in Louisiana was arrested after allegedly defrauding a Lake Charles area casino. The...
Judge slams Caesars’ attempt to hide 7 million page investigation; Redacted report to be released by end of Feb Lars Jones Latest Casino and Gambling NewsLas VegasCasino NewsBankruptcyIllinoisFinancial FraudNevadaNew Jersey January 22, 2016 0Caesars Entertainment Operating Company, Inc. is looking to cut its debt load of more than $18 billion roughly in half...
Authorities say trio netted over $400k in casino conspiracy Kim M Latest Casino and Gambling NewsTribal GamingCasino HeistsCasino NewsNorth America Casino NewsCasino CheatingGaming Industry NewsData ProtectionConspiracyCrimeFines, Lawsuits & LitigationFinancial FraudPennsylvania January 22, 2016 0On Tuesday Mohegan Sun Pocono’s former vice president of player development was charged with conspiring with a frequent gambler and...
VIP room fraud case surfaces at L’Arc Casino hotel Sadonna Price Latest Casino and Gambling NewsCasino NewsMacauFinancial Fraud January 6, 2016 0Located on the Macau peninsula, the L’Arc Casino Hotel is the latest venue to see a case of alleged fraud...
Officials in CA reach decision in case against Casino M8trix co-owner, Swallow Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCaliforniaLicensesTax EvasionFines, Lawsuits & LitigationFinancial Fraud January 2, 2016 0Fifty-three year-old card room impresario and co-owner of the popular Casino M8trix in Silicon Valley, Eric Swallow, aims to clear...
Add Kansas to 4 other states where lottery prizes may have been fixed Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsHackingLotteryCrimeFines, Lawsuits & LitigationFinancial FraudKansas December 23, 2015 0Kansans whose regime includes purchasing lottery tickets find themselves questioning whether or not they have a fair chance at winning,...
Overbilling will cost a NY construction company $20M Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsFines, Lawsuits & LitigationFinancial FraudNew York December 12, 2015 0After one of New York City’s largest construction companies admitted to overbilling clients, according to federal prosecutors, it has agreed...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...