In modern English, a casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is called the gaming industry. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships or other tourist attractions. There is much debate over whether or not the social and economic consequences of casino gambling outweigh the initial revenue that may be generated. In the United States, many states are grappling with high unemployment and budget deficits and are now turning to legalizing casinos, often in places that are not tourist destinations.
Posts about Casino
  • SEC Fines Ex- LPL Broker for Churning

    …, Lebel executed numerous mutual fund A share trades that, in light of Lebel’s customer’s investment objectives, were fraudulent, made to the detriment of Lebel’s customers, and without justification other than the generation of commissions for Lebel.” This case involved allegations churning in four different customer accounts. The questionable trades…

    Due Diligence- 10 readers -
  • Game Room Laws in Texas

    … of dollars. Despite its name, it is actually illegal to play this game for money in a casino in the state of Texas. It’s true that nearly all forms of gambling are strictly prohibited in the state of Texas. However, many people are using loopholes, legal maneuvering and outright deception to work around this law. There is an illegal and semi-legal…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 21 readers -
  • Even Pro Athletes Not Immune to Financial Fraud

    …. The group of athletes lost a collective $40 million in investment of an illegal Alabama casino. Mike Tyson Popular Boxer and Actor, Mike Tyson, recently sued an ex-advisor for stealing $300,000 and being responsible for millions of dollars in losses due to mismanagement of his bankruptcy trust. The adviser, SFX Financial Advisory Enterprises…

    Eccleston Law Offices- 14 readers -
  • Trio Makes off with $418,793 from Casino

    … player’s names were being used to commit fraud. Criminal Conspiracy The most complex criminal charge stems from the most complicated portion of this case. A charge of criminal conspiracy can be filed if: Two or more people agree to work together to commit a felony offense Those people commit an overt act in an attempt to accomplish their goal…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 42 readers -
  • PA Gaming Control Board Rescinds Unlawful Regulation

    … agency….Accordingly, the Board’s regulation is inconsistent with the provisions of Title 18 inasmuch it regulates the possession of firearms in a location (licensed casino facility) not contemplated by Title 18.” Yesterday, April 16, 2015, the Board convened and repealed the firearm regulations in Section 465a.13. You can find a copy of the final…

    Joshua Prince/ Prince Law Offices, P.C.- 7 readers -