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Former Gun Lake Casino Employee Pleads Guilty To Stealing $84K

Former Gun Lake Casino Employee Pleads Guilty To Stealing $84K

A former Gun Lake casino employee admitted to stealing more than  $84,000 from the property owned and scheduled by the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians. The federal grand jury of the Michigan Western District investigated the case. This charge indicted Jordan Lewis Clark that are also linked to embezzlement and left them  from an “Indian …

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Gamblers lose around 161.4 million dollars, Maryland casino revenue wanes nearly 5 percent in August

Gamblers Lose Around 161.4 Million Dollars, Maryland Casino Revenue Wanes Nearly 5 Percent In August

That’s a decrease of $8 million, or 4.7%, compared to August 2022. It’s also a more than $7 million decrease compared to July 2023, when the casinos earned a total of $174,3 million.  MGM National Harbor maintained its market leadership with $68,4 million in GGR (gross gaming revenue) for the month, but that represented a …

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Casino Landlord, Vici Properties Boosts Up Dividend Up To 6.4%

Casino Landlord, Vici Properties Boosts Up Dividend Up To 6.4%

The VICI Properties Inc. actually announced that their Board of Directors have declared a quarterly dividend of a total sum amount of $0.415 for every share of the common stock. This is effective from July 1st to September 30th, 2023.  This also accurately represents an annual amount of $1.66 for every share and also a …

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Credit Card Expenditure Reports Show Softness Towards Discretionary Expenses

Credit Card Expenditure Reports Show Softness Towards Discretionary Expenses

Since the beginning of the year 2022, which was a period that included a stretch of the highest inflation which happened for the first time in forty years. The highest rate of interest was recorded for the first time ever in two decades. The industry of casino gaming dealt with drastic changes.  The research also …

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