Meadowlands Casino Debated at East Coast Gaming Congress

Navy Rear Admiral Timothy Giardina Discovered Guilty of Gambling Charges

Navy Rear Admiral Timothy Giardina Discovered Guilty of Gambling Charges

Rear Admiral Tim Giardina was removed from his post at STRATCOM after using gambling that is counterfeit at an Iowa casino. (Image: U.S. Navy)

Right Here’s something most individuals would agree with: watching over the nuclear arsenal of the usa is a pretty occupation that is serious. And it makes sense that you’d want to leave this particular responsibility in the hands of someone who doesn’t have any skeletons in their closet while we might sometimes think that our personal lives shouldn’t affect our job status.

Counterfeit Chips Unbecoming an Officer

This is exactly why whenever it came out that Rear Admiral Timothy Giardina was under investigation for reportedly using counterfeit chips at an Iowa casino a year ago, it took virtually no time at all for him become suspended in September. Not long after, he was demoted from three-star rank to two-star, fired from his job because the deputy commander of US Strategic Command (STRATCOM), and reassigned to a staff officer place in Washington.

Of program, their activities also meant he’d be facing charges. Previously this Giardina was found guilty under the Uniform Code of Military Justice week. In accordance with a statement from the united states Navy, Giardina had been convicted on two counts of ‘conduct unbecoming an officer and a gentleman.’

‘ The first count involved Giardina lying to an investigator,’ the Navy declaration read. ‘The 2nd linked to c Continue reading “Navy Rear Admiral Timothy Giardina Discovered Guilty of Gambling Charges”

New Jersey Online Gambling Income Drops for First Time

New Jersey Online Gambling Income Drops for First Time

New Jersey’s Atlantic City casinos saw online gambling revenues fall for the very first time in April. (Image:

While the profits from New Jersey’s emerging online gambling market happen tiny, most observers have remained positive about the long-lasting leads for online gambling in the state. After all, since the launch associated with the web sites in November of last year, online casino and poker games have actually brought in more and more money each month, suggesting that steady growth might be expected for some time.

But that streak is now at a conclusion. Web gambling profits were down slightly for nj-new jersey in falling to a total of $11.4 million for the month april. That’s about a half-million less than in March, when the web sites introduced $11.9 million.

The main reason because of this is the fact that April had one less day than March. But that does not inform the whole tale: the average take daily was also down extremely somewhat, dropping from $383,173 in March to $380,958 in April.

This comes after strong gains in recent months. Both January and March saw double-digit monthly gains over past months, while even February the quickest month of the season saw a nine percent enhance over January.

Good Weather, Payment Issues Cited

Officials cited possible reasons for the decrease, while remaining upbeat about the future of on the web gambling in the state.

‘Maybe when the weather wa Continue reading “New Jersey Online Gambling Income Drops for First Time”

Chinese Government Card Swipe Crackdown Hits Macau

Chinese Government Card Swipe Crackdown Hits Macau

Gambling funds obtained through illicit card-swiping in Macau are estimated to 12 % of mass market turnover. (Image: Brain)

The end result of China’s imminent crackdown on the use of hand-held card swipers is being felt in Macau, with the Wynn Macau witnessing its biggest market decline since October 2011.

Macau’s casino economy has soared throughout the final several years, so much so that it now eclipses Las Vegas once the gambling capital of the world, however the Chinese government’s unexpected enforcement of a ban on illegal cash transfers has investors worried; Wynn Resorts Ltd. fell recently to 8.5 percent during the close in Hong Kong trading, while MGM Asia Holdings Ltd. dropped 8.2 per cent for the same duration. The Galaxy Entertainment Group Ltd., meanwhile, fell 7.6 percent, while Sands China Ltd. dropped 4.6 %, and SJM Holdings Ltd., 6.6 %.

Visitors to Macau from the mainland are permitted to bring no more than 20,000 yuan ($3,200) into the gambling hub and may also just withdraw 10,000 yuan per time, per card, from money devices. To swerve the limitations, tourists have the ability to purchase goods from local pawn shops making use of their debit cards and then trade them for regional money with the exact same pawnbroker.

Illegal Card-Swiping Amounts to $6 Billion

However, the increasing usage of card-swiping machines in gambling enterprises has maybe not only caused a slump in Macau Continue reading “Chinese Government Card Swipe Crackdown Hits Macau”

Amaya Slashes 2015 Economic Forecast, Stock Price Tumbles