Cantor Gaming CEO Under Possible Investigation by Feds

Cantor Gaming CEO Under Possible Investigation by Feds

CEO Lee Amaitis (center) recently launched the Cantor Gaming Atlantis sports book; some say he is under federal scrutiny now

Perhaps Not a goes by in the gaming universe without someone in a position of power somewhere being scrutinized by the feds anymore, it seems day. Now Cantor Gaming CEO Lee Amaitis is under the limelight, according to the The Wall Street Journal, on the coating tail of colleague Michael Colbert Cantor’s now released vice president of risk management whom pled guilty simply last month to knowingly accepting unlawful bets.

Denial from the Top

Parent business Cantor Fitzgerald was quick to deny the rumor, however, saying in an issued statement: ‘We feel compelled to address this irresponsible and rumor that is baseless. The notion that Lee Amaitis is a target of federal prosecutors or that he participated in illegal bookmaking is baseless and false.’

Of course, Anthony Weiner also vehemently denied he was still sexting, therefore there you go in terms of denials of rumors.

Accepting wagers from ‘runners’ people whom spot bets for an operation is illegal in Nevada, where Cantor Gaming is headquartered.

It would definitely behoove the sports book company to distance themselves from any further insinuations of illegalities, given that Amaitis just attended opening ceremonies for a brand new Cantor Gaming race and recreations books at the Atlantis Casino on Paradise Island in the Bahamas. The compa Lire la suite

Bally’s Atlantic City browse tall for Lead in Water, did not Act for Six Months

Bally’s Atlantic City browse tall for Lead in Water, did not Act for Six Months

Bally’s AC claims it doubted the accuracy of the initial reports but admits this will not justify its inaction.

Bally’s Atlantic City neglected to notify its guests that water in its high roller suite elsewhere contained potentially dangerous degrees of lead for over half a year after it was made alert to the fact, based on a report by the New York Post.

In late August 2015, a lab that is independent water from 20 sources during the property and found that seven of these contained unhealthy degrees of lead. The VIP suite had 17.8 micrograms per liter, considerably higher than the acceptable maximum level of 15 micrograms per liter.

Alarmingly, the lab discovered that the water in the janitor’s wardrobe measured 1,300 micrograms per liter, more than 86 times the level that is safe.

‘I’ve never ever seen 1,300 in 15 years,’ Garth Moyle, deputy professional director of the Atlantic City Municipal Utilities Authority, told the Post. ‘I don’t think ancient Rome had numbers that way.’

DEP Dawdling

Bally’s passed the findings for the report onto nj-new Jersey Department of ecological Protection (DEP), which sat it eventually sent a letter of non-compliance to Bally’s operator, Caesars on them until February when.

In the interim, despite having full knowledge of the report, Caesars didn’t do such a thing until it received the letter from the DEP. Then, and only then, did it proceed to close its High R Lire la suite

11 Years Later, Macau Health and Education Catching Up to Casinos

11 Years Later, Macau Health and Education Catching Up to Casinos

More than 10 years after gambling enterprises came to Macau, the spot is finally getting health and welfare solutions in spot.

Over the decade that is past Macau is among the most undisputed leader in worldwide gambling since far as profits go. The casino hub brings in six times the maximum amount of revenue as Las Vegas, and exploded following the former Portuguese colony was opened to casino that is foreign in 2002. The move was a success that is resounding as Macau’s economy has exploded by an average of 14% each year over the past decade making it the fastest-growing economy on earth.

Infrastructure Was Lacking

It sounds like a success that is incredible and in many ways, it has been. But with all that growth centered in the gambling industry and coming at a pace that is rapid the rest of Macau yes, it exists outside of casinos don’t have much of to be able to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial capabilities and an inability to get jobs done.

There are always a number of projects that sound great on paper which have simply unsuccessful to materialize thus far. Things that people in the western usually takes for granted things like a mass-transit system, a renovated ferry system, public housing projects and hospitals have all been delayed, meaning they are nevertheless years away.

‘We have actually the money, but we don’t have the welfare,’ Lire la suite

Las Vegas Nightclubs Could Become City’s revenue Source that is biggest

Las Vegas Nightclubs Could Become City’s revenue Source that is biggest

Hakkasan among the many effective nightclubs in Las Vegas right now is component of a new revenue that is enormous for Sin City

You think of gambling it’s as simple as that when you think of Las Vegas.

Except that it really isn’t that cut and dried at all. Ever since Las vegas, nevada emerged as a center for gambling into the United States, it has also been a central location for superstar entertainments, breathtaking shows, fabulous restaurants and nightlife that is exciting. And while all of these attractions have actually generally been seen as additional revenue sources that served to obtain individuals to the casinos (which served because the real moneymakers), some in the gambling industry are beginning to genuinely believe that entertainment venues and clubs could become the main revenue stream that they should count on in las vegas.

Not All Come for Gambling Enterprises

According to present surveys that have been conducted by the gaming industry, more than a quarter of guests at vegas gambling enterprises aren’t there to wager, and many of those may never invest a cent in the casino. Yet they’re nevertheless spending a good amount of cash in the city’s other amenities including among the most active and lucrative nightlife scenes in the entire world.

For the many clubs in Las Vegas, at least seven bring in revenues of $25 million or even more each year, and that number will probably grow Lire la suite

Elvis Presley Estate Sues Former Global Hotel Over Memorabilia Dispute

Elvis Presley Estate Sues Former Global Hotel Over Memorabilia Dispute

Elvis Presley performing at the then-International Hotel, now the Westgate, right back in 1969. His estate is currently suing the casino to save priceless memorabilia, which it says will be held hostage in a dispute that is legal.

The Elvis Presley estate is suing the former Global Hotel, now the Westgate, a hotel that is off-strip casino in which the popular performer played 100s of sold out programs, which it claims is holding many regarding the King’s treasured personal possessions hostage.

While Elvis was historically renowned for summarily ‘leaving the building’ after nonstop applause and calls for encores back in his performance days, his memorabilia is currently very much stuck inside the building at the Westgate.

The estate filed a lawsuit Monday in Clark County District Court in a bid to recover the precious artifacts lent to the Westgate casino last year in what could be called a ‘Heartbreak Hotel’ moment.

These generally include many of Elvis’ initial stage outfits, their famously ostentatious jewelry, and some letters, since well as the TV remote from his Graceland mansion. These items all had been an element of the much-feted, yet ill-fated, ‘Graceland Presents Elvis’ attraction, launched at the Westgate final April.

Viva Las Vegas

The Westgate may well not be the best-known of Las Vegas’ casino resorts these days, but it has a big history in Sin City.

Built by Las Vegas pioneer Kirk Kerkorian Lire la suite