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 $56,000 for excessive trading. According to records obtained from FINRA, Lebel began work in the securities industry in 1994. Until leaving the securities industry in January 2015, Lebel worked for a number of firms including LPL Financial, Oppenheimer, A.G. Edwards and Gruntal. He spent a few weeks at Arthur W. Wood Co. after leaving LPL…

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

    … on the outcome of a sports game or betting a few dollars on a hand of poker is enough to lead to criminal charges if that action takes place in a public place or game room. Section 47.02 of the Penal Code makes this a Class C misdemeanor, punishable by: A fine of up to $500 Community service and probation The penalties can be significantly increased for people…

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

    … to the claims, Crafton was a partner in the venture that he suggested to his clients unbeknownst to them. The investment by the athletes resulted in almost a complete loss of principal. They claim that their collective losses total more than $7.6 million. Jason Terry Jason Terry is another alleged victim of Mr. Crafton’s scheme to defraud investors…

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

    … someone used another person’s driver’s license to buy cigarettes or another person’s Social Security number to get a bank loan. In this case, the group used player cards in other customer’s names to get free slot plays. Even though the customers themselves weren’t being deprived of money or free plays, identity theft charges still apply because other…

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

    … As many of our viewers are aware, almost a year ago, on April 19, 2014, I submitted a written request to the Pennsylvania Gaming Control Board to invalidate Section 465a.13, as it violated 18 Pa.C.S. § 6109(m.3). In June, I heard from Chief Counsel of the PA Gaming Control Board that the issue had been forwarded to Attorney General Kane…

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