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Gambling in the USA

Washington State Gambling Commission arrests two people in relation to loan-sharking and money laundering operations at Macau casino

Athira A

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Washington State Gambling Commission. Photo credits: https://www.google.co.in
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The Washington State Gambling Commission discloses that an employee at a Washington state casino provided loans with extortionate interest rates and often eyed patrons and employees with gambling problems. The commission revealed the apprehension of two  people and the suspension of the gambling license of a third person for their roles in a loan-sharking and money laundering operation at the Macau Casino in Tukwila.

Authorities say that over the last two years, numerous complaints were registered by the commission and the Tukwila Police Department over  loan-sharking and money laundering activities.

A joint investigation revealed that a female employee was loaning cash and chips to casino patrons with escalated interest rates that in some cases went  up to 10 times the maximum interest rate allowed under the Washington state law.

After reviewing surveillance video, investigators determined that the woman provided about 100 loans to employees and patrons that totalled to at least $300,000.

The commission said, records show that the employee also laundered about $1.5 million through the casino — nearly 10 times the suspect’s reported annual income. The source of the cash is under investigation.

During a search of the suspect’s home, agents seized items believed to have been bought with illicit cash, including a luxury vehicle, jewellery, big-screen TVs, designer handbags and numerous smart phones, tablets, and gaming systems that were still in their original packaging. Agents also seized more than $45,000 in cash.

The 45-year-old employee and her 27-year-old boyfriend were arrested and booked into jail on charges of collection of unlawful debt, money laundering and use of extortionate means to collect loans.

Investigators said the casino’s General Manager, a 48-year-old Federal Way man, was aware of the illegal activities but did not report them to the Gambling Commission. His gambling license has been suspended.

Source: springfieldnewssun.com

 

Athira is a self-described “logophile” – a lover of words. She loves updating her vocabulary and playing around with words, to frame a sensible world of letters. Letters come alive when they become words and when words become sentences. And that’s her job, to put them together in a meaningful way without loosing its essence. She has written content for websites, articles and poems for an international magazine, and press releases as well. She also loves writing on social media. She holds a Masters degree in bio-technology, but she has always been interested in the organic farming of words. Besides writing content for our daily news feed, she is also working as staff writer/editor with Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

Slot Revenue Decreases in Connecticut Tribal Casinos

Niji Narayan

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Slots revenue Connecticut tribal casinos
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The slot revenue of two Connecticut tribal casinos has decreased by 12% in April 2019. Both Mohegan and Foxwoods have posted year-over-year decrease in slot machine revenue and April 2019 was the worst month for the Connecticut casinos.

Foxwoods Resort Casino totalled US$36.2 million in slots revenue after paying prizes, down from the US$41.2. On the other hand, Mohegan Sun reported US$45.2 million in slot revenue, down from US$51.4 million.

Revenues from Foxwoods and Mohegan have been affected by MGM Springfield, the casino located in neighbouring Massachusetts. The Massachusetts Gaming Commission reported that the faction totalled US$15.5 million in slots revenue last month and US$6.3 million in table-games revenue. However, slots revenue was also down in that facility 17% over the previous month.

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Canada

Sightline Joins Forces with Responsible Gaming Solution GameSecure

George Miller

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Sightline Joins Forces with Responsible Gaming Solution GameSecure
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The partnership aims to connect payment solutions and a centralized real-time self-exclusion database for increased player protection

 

Las Vegas-based Sightline Payments (“Sightline”) and Vancouver based Bencon Technologies Inc. (“Bencon”) have entered into a partnership to bridge the current technological gap between digital self-exclusion functions and payment services. The goal of the partnership is to ensure at-risk patrons are denied access to content or payment services in real-time.

The first quarter of 2019 has resulted in a number of violations of self-excluded patrons gaining access to content in the US market, meaning regulator fines have been issued to non-compliant operators, unfortunately, the damage to the patron is already done. GameSecure’s real-time database solution will ensure these patrons do not gain access to digital content once self-excluded and by partnering with  it creates another barrier to a patron’s payment activity.

“The Sightline team has been committed to responsible gaming for more than 20 years and we are very excited to announce this important partnership,” said Cameron Conn, Co-Founder of Bencon Technologies Inc.

“We strongly believe there is not a singular solution to completely address all aspects of player protection and responsible gaming, however, partnerships like these allow for better solutions that will give continued insights into at-risk behavior for improved responsible gaming programs.”

“Sightline is in a unique position because our Play+ ecosystem, in the US, connects to nearly 100% of all digital platforms and 90%+ of all casino management systems, allowing for a uniform capability for a network-wide self-exclusion program through our SPAN Network,” said Kirk Sanford, CEO and Founder of Sightline Payments.

A primary goal of the partnership will be to work with the responsible and problem gambling communities to ensure these new solutions will work to enhance future programs for player protection.

“The Responsible Gambling Council is pleased to hear about the partnership between GameSecure and Sightline.  We believe that safeguards are imperative to the success of any self-exclusion program,” stated Shelley White, CEO of Responsible Gambling Council in Canada.

Keith Whyte, the Executive Director of the US National Council on Problem Gaming adding: “Congratulations to Bencon and Sightline for this step to further integrate responsible gaming into payment methods for the industry.  Streamlining player protection is an important goal for the National Council on Problem Gambling, and we are pleased to support this innovative effort.”

“Self-exclusion programs have been in existence for years with the on-premise ATM providers, however, until now nothing has existed for the digital world which is where the industry is moving,” added Sanford.

Bencon is currently working with multiple jurisdictions in the United States (and internationally) to integrate GameSecure into their Responsible Gaming Programs.

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Fantasy Sports

Louisiana House Committee Passes Fantasy Sports Restriction Bill

Niji Narayan

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Louisiana House Committee Passes Fantasy Sports Restriction Bill
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Louisiana House Committee has passed the fantasy sports restriction bill. Voters of 47 parishes approved fantasy sports betting last fall. The bill leaves committee with an amendment that stipulates “you can only play if you’re at card checking over-21 only in establishments like video poker stops, bars, or casinos.”

“This is obviously not what people voted for, this is not how fantasy sports works, this is not how online entertainment works anywhere, for any medium,” Fairness for Fantasy Sports Louisiana spokesperson Ryan Berni said.

“Right now the proposed tax rate does not cover the cost for the state to collect it. The state actually loses money at the proposed tax rate that they are proposing on fantasy sports,” Video poker lobbyist Alton Ashy said.

“Obviously the intention is that it is places that have video poker. It really is an end around and a subversion of what people know and like about fantasy sports,” Berni added.

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