Archive for the ‘My Free Pokies’ Category

Sheldon Adelson Pushes All-In With Reported $100 Million on Donald Trump

Saturday, March 7th, 2020

Sheldon <a href="http://projectbitz.com/2020/03/07/sheldon-adelson-pushes-all-in-with-reported-100-32/#more-6588" class="more-link"><span aria-label="Continue reading Sheldon Adelson Pushes All-In With Reported $100 Million on Donald Trump">(more…)</span></a>

FIFA’s decision to implement sweeping changes to its World Cup bidding process came as little surprise to soccer fans and analysts.

Friday, March 6th, 2020

FIFA’s <a href="http://projectbitz.com/2020/03/06/fifa-s-decision-to-implement-sweeping-changes-to-194/#more-6580" class="more-link"><span aria-label="Continue reading FIFA’s decision to implement sweeping changes to its World Cup bidding process came as little surprise to soccer fans and analysts.">(more…)</span></a>

Gala Coral Agrees to Pay $1.2 Million Restitution for Failing to Prevent Money Laundering and Problem Gambling

Friday, March 6th, 2020

Gala Co <a href="http://projectbitz.com/2020/03/06/gala-coral-agrees-to-pay-1-2-million-restitution-117/#more-6566" class="more-link"><span aria-label="Continue reading Gala Coral Agrees to Pay $1.2 Million Restitution for Failing to Prevent Money Laundering and Problem Gambling">(more…)</span></a>

Baazov Pleads Not Guilty to Insider Trading Charges, Trial Date to Be Set

Friday, March 6th, 2020

Baazov <a href="http://projectbitz.com/2020/03/06/baazov-pleads-not-guilty-to-insider-trading-143/#more-6564" class="more-link"><span aria-label="Continue reading Baazov Pleads Not Guilty to Insider Trading Charges, Trial Date to Be Set">(more…)</span></a>

Casino Record that is fined Million For ‘Willful’ Money Laundering Violations

Friday, March 6th, 2020

Casino Record that is fined Million For ‘Willful’ Money Laundering Violations

Difficulty in Paradise: The Tinian Dynasty Hotel and Casino, where money-laundering violations had been systematic, according to FinCEN.

A Pacific Island casino has been fined a record $75 million for violation of anti-money-laundering laws.

The US Financial Crimes Enforcement Network FinCEN said this week that the Tinian Dynasty Hotel & Casino in the Northern Mariana Islands ended up being guilty of a ‘willful and egregious’ flouting for the Bank Secrecy Act for neglecting to file thousands of CTR (currency deal reports).

The islands are a territory that is unincorporated of United States and therefore liable to abide by its guidelines.

Because the passage associated with Money Laundering Control Act 1986 it was a requirement for all US monetary institutions to file a CTR to FinCEN for any currency transaction over $10,000, as a measure to combat money laundering.

The work essentially eliminated the ‘right to financial privacy’ by declaring that a financial organization would no much longer be held liable for declaring dubious economic transactions towards the authorities.

Financial Clampdown

While banks have actually abided by these laws for the best part of 2 full decades, FinCEN has recently clamped down on the casino industry, where the relationship between operator and high-rolling client has typically been more discreet.

A year ago, The Trump Taj Mahal in Atlantic City was fined ten doll (more…)

Ritz Club Sues Tycoon Safa Abdulla Al Geabury Over £2 million Gambling Financial Obligation.

Friday, March 6th, 2020

Ritz Club Sues Tycoon Safa Abdulla Al Geabury Over £2 million Gambling Financial Obligation.

Safa Abdulla Al Geabury, whose £2 million dud check bounced when Ritz staff attempted to cash it the day after their gambling spree.

The Ritz Club, London’s famously high-end, high-roller casino, is suing A swiss property tycoon over a £2 million ($3.1 million) bounced check.

In line with the Ritz’s filing, Safa Abdulla Al Geabury wrote away the check to finance a gambling session one evening in February last year, but it turned into a dud whenever casino attempted to bank it the morning that is following.

The Ritz normally seeking a supplementary £200,000 ($310,000) in accumulated interest on your debt.

It’s been stated that the casino, that is owned by reclusive billionaire identical twins, Sir David and Sir Frederick Barclay, has been plunged into the red by way of a show of unpaid gambling debts, forcing it to pursue its debtors aggressively in the courts.

According to the London Evening Standard, the casino has litigated against 10 high rollers into the year that is last so that you can recoup 2013 losses of £12.5 million ($19.4 million).

Al-Daher Case

Al Geabury’s protection is that he is a gambling addict and his staff needs known this and stopped him from playing.

He wants the debts written off, but he is on shaky ground with this line; in 2014 the casino won a similar High Court battle against Noora Al-Daher, the wife of this Omani foreign mi (more…)

FIFA’s decision to implement sweeping changes to its World Cup bidding process came as little surprise to soccer fans and analysts.

Friday, March 6th, 2020

FIFA’s <a href="http://projectbitz.com/2020/03/06/fifa-s-decision-to-implement-sweeping-changes-to-145/#more-6552" class="more-link"><span aria-label="Continue reading FIFA’s decision to implement sweeping changes to its World Cup bidding process came as little surprise to soccer fans and analysts.">(more…)</span></a>

Brockton Voters Narrowly Approve Casino Arrange

Friday, March 6th, 2020

Brockton Voters Narrowly Approve Casino Arrange

Brockton voters approved a proposed casino development, but only by an extremely margin that is narrow.

Casinos just need a small edge over their players so that you can score a win into the long term. Backers of a proposed resort in Brockton, Massachusetts are hoping that similar could be stated for casino referendums.

Voters in Brockton narrowly authorized a plan to bring a $650 million resort to the Brockton Fairgrounds, passing the measure in just what might be the closest such referendum in their state so far.

According to reports after the initial counting of votes, ‘yes’ won by just 143 votes out of more than 14,000 cast, or just over one percent.

That space increased marginally after provisional and other ballots had been counted on Wednesday, giving supporters a 148-vote margin.

While the totals are perhaps not yet official, a recount is not likely, as well as less likely to want to change the outcome: while the raw numbers are close, a shift that is one-percent of a recount will be extraordinarily unusual, specially given the town’s use of electronic voting machines.

Last Casino License Up for Grabs

The victory will allow developers to compete for the casino that is final in Massachusetts, one reserved for the southeastern portion associated with state.

Nevertheless, with local support being one of the factors being taken into account by the Massachusetts Gaming Commission, opponents of the casino plan are hoping tha (more…)