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Showing posts with label Nevada. Show all posts
Showing posts with label Nevada. Show all posts

Thursday, February 1, 2018

Wynn’s casino license in jeopardy after investigator says firm deliberately concealed harassment payout


FROM MASSTERLIST:

Today's News
Wynn’s casino license in jeopardy after investigator says firm deliberately concealed harassment payout
It’s no longer just about Steve Wynn. It’s about whether the company, Wynn Resorts, will keep its Everett casino license after a state investigator found that the firm deliberately concealed from the state a $7.5 million payout to settle a sexual harassment complaint against chief executive Steve Wynn. Bruce Mohl at CommonWealth magazine, Gintautas Dumcius at MassLive, and Mark Arsenault at the Globe have more on how state regulators are now signaling that there’s more at stake than just going after Steve Wynn.
Meanwhile, Bloomberg News reports: “The Nevada Gaming Control Board launched a formal investigation into allegations of sexual misconduct made against Steve Wynn, a move that may ultimately mean the end of the casino mogul’s storied career.” Attorney General Maura Healey said yesterday that the allegations of sexual misconduct by casino magnate Steve Wynn are "sickening and disturbing,” reports Shira Schoenberg at MassLive.




Friday, April 29, 2016

WALLETHUB Fallout


Below are a few articles in response the the WALLETHUB STUDY: 


HAWAII IS 27TH MOST GAMBLING-ADDICTED STATE DESPITE NO LEGAL GAMBLING OPTIONS

Ohio ranks high for problem gamblers, study says

By Karen Farkas, cleveland.com 
on April 28, 2016

CLEVELAND, Ohio - Ohio has one of the highest percentages of problem gamblers in the country, according to a new analysis.
WalletHub,  a personal finance website, examined the percentage of adults with gambling disorders, presence of gambling-addiction treatment programs an number of gambling-related arrests per 100,000 population. Ohio tied for fourth with New Jersey behind Minnesota, Mississippi and Louisiana.
Specific percentages or numbers were not indicated.
Overall, Ohio ranked 17th of all states in gambling addiction. Nevada was first. Pennsylvania was 24th and Michigan was 35th.
Ohio didn't rank in the top five in any other categories in the study, including highest and lowest lottery sales per capita and most and least gambling arrests per capita.
Problem gambling affects slightly more than 2 percent of all U.S. adults, WalletHub said.
In Ohio, which has four casinos and seven racinos, research has shown that 2.8 percent of Ohioans are at some level of risk for problem gambling. Ohio's casinos and racinos have not yet led to an increase in problem gambling, officials recently said.
The state's numerous options for gamblers led to a new campaign last fall to identify problem gambling.
New educational campaign targets problem gambling
Ohio's numerous options for gamblers - including casinos, racinos and the lottery - have led to a new campaign to identify problem gambling.

"Be the 95%" was launched by Ohio for Responsible Gambling, a partnership of the Ohio Lottery Commission, Ohio Casino Control Commission, the Ohio Department of Mental Health and Addiction Services and the Ohio Racing Commission.
The campaign and website, the95percent.org, were named for the percentage of people who gamble responsibly.
On a societal level, compulsive gambling costs an estimated $6 billion per year, according to a study by the National Council on Problem Gambling, WalletHub said.
Individually, a male gambling addict accumulates an average debt between $55,000 and $90,000 whereas a female averages $15,000, by one estimate.
Most people do not have adequate resources to pay back what they owe, WalletHub said. As a result, gambling addicts develop a high tendency to amass even more debt, suffer from other health issues, lose their jobs, strain their relationships or even commit crimes.



http://www.cleveland.com/metro/index.ssf/2016/04/ohio_ranks_high_for_problem_ga.html


Study: Mississippi has problem with gambling addiction

by: Tom Dees Updated: 
A group of highly-regarded psychologists and economists who study gambling addiction across the U.S. say Mississippi is among the most addicted states in the country.
The Magnolia State was ranked the third most addicted.
FOX13 examined the report, and there appears to be a direct correlation between the gambling addiction problem and the lack of treatment options.
"I had a personal friend who ran off a very large gambling debt,” Southaven resident Jackie Smith said. “(He) committed suicide because he felt like there was no way out."
James Whelan is Co-cirector of the University of Memphis gambling education and research center. We asked him about treatment options in Mississippi.  
"I am not aware of a gambling-specific treatment facility in the North Mississippi area. We do get folks for Mississippi," Whelan said
Whelan told FOX13 it's not just the gambling that is a problem.
"Committing a crime is something that is well-established and something we do see people with severe gambling problems engage in," Whelan said.
The numbers also indicate Tennesseans struggle with gambling addictions. There is also a lack of treatment options in the Volunteer State as well.
VIDEO ON LINK
http://www.fox13memphis.com/news/study-mississippi-has-problem-with-gambling-addiction/247857254


Nevada ranked top state for gambling addiction



Nevada has been ranked #1 in the nation for gambling addiction.
WATCH to learn more.
VIDEO ON LINK
http://mynews4.com/news/local/nevada-ranked-top-state-for-gambling-addiction

Monday, September 14, 2015

Sydney’s Star and Las Vegas casinos used to launder millions in criminal network police say




Starcitycasino



Sydney’s Star and Las Vegas casinos used to launder millions in criminal network police say

Saturday, September 12, 2015

Las Vegas has a gambling problem: How to ADDICT them younger





The Future of Las Vegas Gambling Looks Like an Arcade



While entertainment is booming — the city raked in $27 billion from tourism in 2013 — young gamblers have yet to pick up the post-2008 slack. “Millennials,” game designer Darion Lowenstein tells Inverse, “pretty much do not touch slot machines. When they go to Vegas, it’s dancing and drinking and clubs and Calvin Harris.”

The slot machine, which has existed in various incarnations since the 1890s, is now almost entirely the domain of the 50-plus cohort. Have levers and buttons and Wheel of Fortune-themed cabinets lost their luster? “When the level of interaction is pushing a button for 6 seconds,” says Lowenstein, “you can goWalking Dead on it but I’m not going to be interested.”

Vegas game designers believe they have a simple solution to coax millennials into waging their wages: Keep ‘em stimulated. That means gamifying games, removing the element of chance to whatever degree that’s possible. And the Nevada legislature is on board with a newly approved-law, SB9, that paves the way for these hybrid games.

Producers like Lowenstein — whose gaming nerd cred includes stints at Rockstar, Electronic Arts, and Activision before ditching consoles for mobile phones — intend to midwife these adult arcades. Lowenstein works at Gamblit Gaming, maker of such games as Police Pooches vs. Zombie Cats In Time, Lucky Words, and Raze. The games appear to be based on the true stories of Words with Friends, and, the twist being that you can wager money on all of them. The other twist: You can currently only play them on mobile devices in the U.K. But should SB9 crystallize into law as expected, you might just be able to aim a Police Pooch at a Zombie Cat in the Mirage by 2016.

“You’re not gonna go from a slot machine to Call of Duty, where if you make all the headshots you win a thousand dollars,” says Lowenstein. Casino operators want to avoid hordes of crack gamers storming the gates. Better the devil you know, especially when that devil is a gamblified Candy Crush. The first gen of gambling games has two goals: To churn social gambling into the mix, pitting friends against each other over, say, a coffee-table sized touchscreen and making it easy to lay down money. The third, unstated goal: Avoid becoming Atlantic City or Zynga.


Let’s say a normal payback percentage is 90 percent — you get 90 cents spit back, on average, for every dollar you spend. It’s plausible you’ll see a skill-luck game where that payback increases: After you beat the boss, it bumps up to 92 percent, or maybe 95 percent when you finish a particularly tough level. It’s never going to be a dollar — for obvious reasons — but it could move in that direction.


And if that sounds far fetched, it’s worth remembering that successful gambling trends have a way of exploding. Less than a hundred people played in the World Series of Poker in 1980; in the mid-’00s heyday of Texas Hold ‘Em, the player count grew to over 8,000. Lowenstein believes we might see Neo Geo-like systems that play a variety of gambling games on one console, or adult arcade versions of popular mobile games. Millions and millions of downloads are impressive, sure, but the “big screen arcade experience” will still have a certain cachet for developers who spent their formative years in arcades.


Should games like these take off — and Gamblit Gaming’s not the only company banking on this — it could help usher in the intramural eSports era and the dawn of gambling palaces built on Street Fighter and Mario Kart. It will be nostalgic, but also cash not a hard sell for the folks currently walking past the slot machines.

“It’s freaking Mario Kart and it’s fully gamblified. Recreating that experience would be amazing.”


https://www.inverse.com/article/6049-the-future-of-las-vegas-gambling-looks-like-an-arcade





Thursday, July 23, 2015

Green Valley High banker admits $143,000 theft




Updated 

Green Valley High banker admits $143,000 theft

A gambling addiction may have driven a former Green Valley High School banker to embezzle nearly $150,000 in student-generated funds from the Henderson campus.
Melissa Traylor, who received little training in financial management before her promotion to school banker in 2012, bet more than $3.7 million at area convenience stores and casinos over a span of just three years, according to court records. Circle K managers told investigators Traylor would visit their stores three to four days a week, sometimes gambling longer than their entire work shifts.
At the same time, court records show, Traylor began using forged checks, delayed and fraudulent bank deposits, and hidden cash and coins to pilfer thousands of dollars at a time from Green Valley High School.
In total, Clark County School District police investigators discovered more than $143,000 missing from the accounts Traylor managed from July 2013 to February 2015.
On Monday in Clark County District Court, Traylor entered a guilty plea in connection with the theft and agreed to pay the total amount in restitution to the district. She faces up to four years in prison when a district judge sentences her in November.
"There's always the potential for there to be more (stolen) when you're working with cash," said Sgt. Mitch Maciszak, who oversees the school police department's investigations bureau. "There is a lot of cash that goes through that school."
Before taking the job as banker of Green Valley High School, Traylor participated in only four days of training on how the program worked, according to an affidavit from school police.
It's unclear how Traylor will make the restitution, especially considering the state cannot garnishee her benefits from the Nevada Public Employees' Retirement System. A new law prohibits state employees from collecting those benefits if they're convicted of certain crimes, including embezzlement of public funds, but the law only applies to workers hired after July 1.

In February, district auditors began combing Green Valley High School financial records following the departure of its principal, a standard trigger for internal audits at the district.
The audit, however, seemed to panic Traylor, who unexpectedly told investigators that $70,000 was taken from her car when she left it unlocked in a Walmart parking lot.
Traylor explained that she began paying back some of the money, though Maciszak said he couldn't find any proof of that.
"We were probably within a day of discovering (the missing funds) ourselves," he added. "I think she knew it as well. The auditors were asking her questions about what was going on."
Subsequent interviews with several Green Valley High School administrators, staff and teachers revealed a nearly two-year history of Traylor's connection to missing money and questionable checks and receipts.
Still, none of those employees reported the banker's curious behavior to central administration.
"That's a message we've been preaching from the school police for years now," Maciszak said. "You need to report suspicious behavior by employees (and) interactions between students and staff.
"This may have been caught earlier if people brought something forward."

http://www.reviewjournal.com/news/green-valley-high-banker-admits-143000-theft






Thursday, May 28, 2015

Location doesn't matter.....Taxpayers will subsidize wealthy Gambling investors.....




Location doesn't matter.
 
 
The math is the same. The results are the same.
 
 
 
 
 
Taxpayers will subsidize wealthy Gambling investors
as communities are destroyed by increased crime,
increased: gambling addiction, child and spousal
abuse, personal bankruptcies, investigation and
enforcement costs, court costs, prison costs, yadda,
yadda.... you know the family destruction that accompanies
Predatory Gambling.
 
 
Detroit is bankrupt with all of its gambling venues.
Illinois has legalized slot machines wherever and is destined for the
sewers.
 
Atlantic City is on the verge of bankruptcy with Governor Christie
pretending sports betting and internet gambling will create a
Renaissance sucking discretionary income from local businesses
and true job creation.
 
 
How much more evidence do we need to define a 'loser'?
 
 
 
[MGM Mirage] ...has nearly $13 billion in outstanding debt.
 
 
Democratic lawmakers often blame the low spending for the state's ranking on what they call the bottom of all the good lists and the top of all the bad lists. Nevada has among the highest number of uninsured children and suicide rates and among the lowest reading scores and college degrees per capita.
 
 
Three years after casinos were legalized in the small town of Deadwood, S.D., felony crimes had increased by 40 percent, child abuse had increased by 42 percent, and domestic violence assaults had risen 80 percent. In Indiana, a review of the state's gaming commission records revealed that 72 children were found abandoned on casino premises during a 14-month period.
 
 
The taxpayers are immediately required to fork over $5 million to help the governor negotiate a compact with the Wampanoag Tribe before July, 2012.
 
 
And the Gam[bl]ing Commission cost....?
 
 
Simple math by Senator Tucker: Casino Dollars Will Simply Pour In! Not!
 
 
All the while preying on innocent victims, your neighbors. your friends or
your family who get sucked into Gambling Addiction, the Crack Cocaine
of Addiction for a few low wage jobs?

 
It makes no sense in New Hampshire.
 
It makes no sense in Massachusetts.
 
 
The Gambling Market is oversaturated, revenue overstated,
job creation exaggerated.