Former Mohegan Sun Pocono Exec Sentenced to 32 Months for Bogus Loyalty Card Scheme

Former Mohegan Sun Pocono Exec Sentenced to 32 Months for Bogus Loyalty Card Scheme

A previous executive at the Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania has been sentenced to 32 months for his part in a scheme that involved the casino’s slot machines and creating bogus loyalty rewards.

Casino fraudster Robert Pellegrini (seen right here in December after pleading accountable) will be exchanging in dapper suits for inmate orange during a prison sentence that is 32-month. He will also need to spend near to a half-million dollars in restitution to the casino where he once worked.

Robert Pellegrini was VP of player development for the Mohegan Sun when he and two others concocted a scheme to bilk his employers by utilizing customers’ stolen loyalty card PIN numbers to play for free, allowing the gang to help keep the winnings. The operation ran from May 2014 to 2015, before Pellegrini was busted april.

It had been the role of Rochelle Poszeluznyj, a cocktail waitress, to notice down players’ loyalty card PIN numbers onto Pellegrini, who would create copies of the cards which he then loaded with free slot money as she served them drinks, before passing them. Then it had been Mark Joseph Heltzel, a customer whom had previously been caught cheating at blackjack but was mysteriously not banned, whom posed as a regular customer and used the cards to play slots, splitting the winnings among the group.

The court was told how the trio used $478,100 in free slot play to build $418,793 in illicit winnings.

Problem Gambler

‘I’m a flawed man,’ Pellegrini, who claims to be always a issue gambler, told the judge. ‘I’ve made errors in my life, this being the biggest,’ he said. ‘we didn’t take to cover my bills. It had been to aid my gambling.’

When asked exactly how a compulsive gambler could hold down a high-profile job at a casino, Pellegrini responded: ‘Where do you consider casino workers go on their days off? They go to other gambling enterprises.’

The scheme was uncovered when a dealer during the Mohegan Sun Pocono, who was apparently in deep love with Poszeluznyj, spilled the beans to authorities, because he viewed Heltzel as a rival on her behalf affections.

Getting Busy

Prosecutor Michelle Olshefski countered Pellegrini’s assertion he had hundreds of thousands of dollars in the bank, as well as a number of assets that he had not stolen for greed, noting that while the scam was ongoing. She said phone records recommended he was the ringleader of the scheme and that he regularly told their accomplices to ‘get busy’ because he had ‘bills to pay.’

Nevertheless, Senior US District Judge A Richard Caputo departed from sentencing guidelines after hearing impassioned pleas from their family and character testimonies suggesting he had been of otherwise good character.

Pellegrini must also pay $478,350 in restitution to his former manager. He could have obtained as much as 20 years in jail.

Poszeluzny and Heltzel have actually both pleaded bad and are due become sentenced at a date that is later. Heltzel faces 175 mostly felony counts of theft, identity theft, criminal conspiracy, and winning by fraud. His bail was initially set at $500,000, but had been paid off to $150,000, with all the knowing that he would surrender any firearms and spend just 10 percent of the bond to walk free until his sentencing date.

Federal Trade Commission Moves to Block DraftKings-FanDuel Merger

The usa government took first steps toward quashing a proposed merger between day-to-day fantasy sports leaders DraftKings and FanDuel, contending the deal would create an illegal monopoly that controls 90 percent regarding the DFS market.

FanDuel CEO Nigel Eccles (left) and DraftKings CEO Jason Robins (right) argued that the merger was at the best interests of DFS players, but FTC administrators disagreed. (Image: Vanity Fair)

On Friday, the Federal Trade Commission, in tandem because of the Offices of the Attorneys General of California and Washington DC, filed a suit in federal region court to seek an injunction to halt the deal.

‘ We are disappointed by this decision and continue to believe that a merger is within the best interest of our players, our businesses, our employees and the fantasy sports industry,’ said DraftKings CEO Jason Robins and FanDuel CEO Nigel Eccles in a joint statement. ‘ We are looking at all our choices only at that time.’

Antitrust-Worthy

The FTC claims the deal as it absolutely was taking form would break Section 7 regarding the Clayton Act, which prohibits mergers and acquisitions that would in place create a monopoly, and Section 5 of the FTC Act, that makes it unlawful to take part in ‘unfair or deceptive functions or practices in or affecting commerce.’

Ultimately, the FTC refused to swallow DrafKings’ and FanDuel’s core argument that daily dream sports comprised merely a small portion associated with much wider dream activities market, dominated by the variety that is season-long.

The commission concluded that DFS consumers do perhaps not see season-long as a ‘meaningful substitute’ for DFS.

‘This merger would deprive customers of the substantial benefits of direct competition between DraftKings and FanDuel,’ said Tad Lipsky, Acting Director of the FTC’s Bureau of Competition.

The FTC contends that neither brand new entrants in the DFS business, nor any future expansion by existing operators, will be likely to give meaningful competition, as the two companies hold a combined 90 percent estimated market share.

Love-Hate Relationship

DraftKings and FanDuel announced their intentions to merge November that is last months of speculation. As competitors, they spent an estimated $750 million attempting to out-market one another, according to ESPN, while offering a broadly product that is similar.

Meanwhile, both companies have struggled after experiencing initially explosive growth. Regulatory uncertainty and legal challenges have actually plagued the industry from belated 2015 onward, which is on that front where in actuality the two organizations think together they are able to wage the strongest fight.

Tough Fold: Legal Online Poker Off the Table in New York for 2017

The State Assembly in New York will not be passing a bill to legalize poker that is online the chamber adjourns this Wednesday, June 21. That is according to the NY day-to-day News, which spoke to Assemblyman Gary Pretlow (D-Westchester), the prime sponsor of legislation that would’ve made the fourth many populous state the fourth state to offer the game that is online.

The online poker dream team in ny, State Sen. John Bonacic (left) and Assemblyman Gary Pretlow say they will continue their push for legal online poker in 2018. (Images: State of New York)

Assembly Bill 5250 desired to redefine Texas Hold’em and Omaha as games of skill rather than chance, a distinction that is key would’ve allowed both games to be played online.

But Pretlow changed his optimistic tune going into the ultimate week of legislative session, telling proponents to withhold their passion. ‘There was some opposition,’ Pretlow stated. ‘We’ll pick it up year that is next than likely.’

Year Better Luck Next

The Poker Players Alliance (PPA), the lobbying that is leading for internet poker in Washington, DC, explained that the 2017 campaign in New York should give players plenty to cheer about.

‘This year the bill not only easily passed the Senate, also for the very first time ever an iPoker bill passed an Assembly committee. This is progress,’ the PPA stated in a social media marketing post.

Pretlow happens to be at the forefront of trying to get rid of internet poker prohibition within the Empire State. The Democrat first introduced the subject into their chamber right back in 2014, and over the last 3 years, he’s remain committed to advancing the discussion.

State Sen. John Bonacic County that is(R-Orange led the fight in the New York Senate, with a great deal more success.

His companion bill earlier this month found a vote that is full the Senate floor and simply passed, 53-9. But once sent to the construction to be merged with Pretlow’s bill, it stalled in the Standing Committee on Codes.

A key hurdle was how to cope with ‘bad actors,’ such as PokerStars, an important supporter of the bill, who accepted electronic payments from New York customers even after the Unlawful Internet Gambling Enforcement Act of 2006 prohibited it.

Another roadblock for 2018 is conventional wisdom that has discovered bills associated with gambling tending not to go during election years.

Population Control

On line poker in the US has largely been a bust since 2011. That was the Department of Justice issued an impression that the Wire that is longstanding Act which banned most kinds of gambling through the transmission of phone lines, applied just to sports betting.

That meant that individual states had been free to license and manage online gaming activities except sports betting. Though the DOJ under Attorney General Jeff Sessions has toyed with the basic idea of re-evaluating the 2011 opinion, up to now efforts to restore the wire act with specific prohibitions on all forms of online gambling also have fallen flat.

But still, just three states have actually legalized some forms of on the web gambling, plus the relatively small populations of Nevada, New Jersey, and Delaware haven’t quite allowed the poker to fully understand its online potential.

New York, but, stood to considerably shake up the poker that is online, with nearly 20 million residents that could potentially more than double the size for the overall American player pool, while also encouraging other states to maneuver forward with legislation of these very own.

Pennsylvania, the fifth most state that is populous immediately behind brand New York, may be the next market to watch. The Keystone State happens to be considering a comprehensive expansion of gambling and regulatory overhaul, and there legalizing internet poker is a chance still on the table.

Florida Seminole Tribe’s Bond Credit Rating Upgraded by Moody’s, Fitch

The Seminoles of Florida are going to save your self a bundle in the months that are coming after bond and credit score services Moody’s and Fitch both upgraded the tribe’s bank debt and bond credit ratings.

The Seminole Tribe’s seven gambling enterprises in Florida, managed by gaming professional Jim Allen, can borrow cash at reduced rates of interest, after Moody’s and Fitch upgraded the American that is native group ratings. (Image: Miami Dolphins)

Moody’s Investment Services upgraded the Florida tribe’s current term debt and bonds rating to Baa2, and its Special Obligation Bonds to Baa3. The classifications are still described as ‘non-investment grade’ speculations while those increases are welcomed news to the Seminoles.

However, it inches the Tribe’s financial obligation and bonds nearer to investment-grade securities, and even the smallest bump in the Moody’s rating ladder represents huge savings in terms of great interest compensated to lenders.

‘The ranks improvements, affirmations and strong brand new reviews are superb news for the Seminole Tribe of Florida as we look toward a good, stable future,’ Seminole Chairman Marcellus Osceola Jr. said in a presser. Seminole Gaming CEO Jim Allen added that the upgrades ‘will save your self vast amounts by helping keep borrowing costs low.’

Bullish on Gaming

Even though the Moody’s news had been cheery, things are looking even brighter for the Seminoles at Fitch. The ranks agency upped its categorization for the Tribe’s gaming division to BBB.

Where businesses rate according to the top credit assessors is key to simply how much they will be paying lenders. This chart shows how countries rate overall. (Image: World Economic Forum)

According to Fitch, the distinction that is investment-grade predicated on a favorable gambling environment in the Sunshine State, and the Seminoles’ ‘steady, good running trends in comparison to more flat growth seen in other US gaming markets.’

The Tribe has borrowed $2.4 billion to repay outstanding term loans and fund expansions at its Hollywood and Tampa casinos. ‘These enhanced and renewed investment-grade reviews … can help Seminole Gaming to continue as one of the planet’s most lucrative video gaming enterprises,’ Allen added.

Both ranks agencies additionally credited the tribe’s ongoing commitment to pay for gaming taxes to Tallahassee, despite not having a compact that is valid Florida.

Stalled in State’s Legislature

The state’s legislature failed to come to terms over a brand new arrangement, using the House seeking to keep gambling in its current status, whilst the Senate sought to grow gaming and put slots at dog and horse racetracks in eight counties.

The chamber that is upper wanted to allow the Seminoles to provide craps and roulette, in real money casino app android trade a commercial casino resort become built in either Broward or Miami-Dade Counties. Moody’s and Fitch thinks the tribe’s continuing to spend gaming revenue could play into its favor during upcoming compact negotiations.

Bonds Explained

A bond is a debt investment issued by organizations to investors who lend the entities money. They are distinctive from shares, in that the lender isn’t acquiring ownership into the borrower’s business.

The issuing of bonds takes place whenever a ongoing company requires to increase money. Bonds tend to be seen as fixed-income securities, since the companies issuing them agree to spend either an adjustable or fixed rate of interest to loan providers.

The interest rate is determined by just how long the lending duration is, the number of annual payments towards the lender, and most importantly, the credit quality of the bonds, specifically, the chance associated with the loan.

Moody’s and Fitch reducing the risk that is long-term the Seminole Tribe’s bonds means interest rates will slightly diminish, and on $2.4 billion, that equates to millions of dollars saved.

Touchdown for Redskins, as Supreme Court Overturns ‘Disparaging’ Trademark Patent Office Ruling

The United States Supreme Court has sided with the Slants, an Asian-American rock band that was denied a trademark by the US Patent and Trademark Office on the grounds that the name was disparaging to persons of Asian descent in a major ruling that reverses a longstanding statute.

The Washington Redskins trademark wasn’t renewed in 2015 by the US Patent and Trademark Office, but the Supreme Court says the statutory law is on the NFL group’s part. (Image: Ann Heisenfelt/Associated Press)

Composing in the majority viewpoint, Justice Samuel Alito declared, ‘ The commercial market is well-stocked with merchandise that disparages prominent numbers and groups, and the line between commercial and non-commercial speech is not always clear. If affixing the label that is commercial the suppression of any speech that could lead to political or social ‘volatility,’ free message would be put at risk.’

Three years ago, online recreations books had the odds of Washington being forced to change the team’s name at around Yes (+300), No (-500). The bookmakers got it right as is often the case.

The ruling is a touchdown for Washington Redskins owner Daniel Snyder. Snyder has repeatedly refused to rename the NFL franchise, despite intense scrutiny that is public even after multiple Native American groups said they discovered the group title to be disparaging.

In 2014, 50 US Senators, 48 Democrats, and two Independents, finalized a letter delivered to NFL Commissioner Roger Goodell asking the league to force the Redskins to rebrand. The document requested the league’s ownership send the message ‘that racism and bigotry don’t have any place in professional sports.’

What’s in a Name?

Should the Supreme Court have seen the instance an additional light, the fallout could have been far-reaching. In American sports, there is a host of potentially controversial group names.

In Major League Baseball, there’s the Indians and Braves, and some have a nagging issue with the Yankees designation. Within the NBA, there’s the Boston Celtics, characterized by an overweight, pipe smoking Leprechaun. There’s the NFL Kansas City Chiefs and Minnesota Vikings, and in university recreations, the Spartans, Trojans, Scots, and Irish are among possibly ‘negative’ names in NCAA programs that are athletic.

Of course, one man’s ‘offensive’ is another’s ‘who really cares?’ Cases in point:

The NFL’s Las Vegas Raiders are coming to town, albeit maybe not until 2020. The Oakland franchise was initially likely to be named the Señors, but was changed to the Raiders in 1960. Can a guy in a football helmut with an optical eye spot and swords on either side of their head be considered unpleasant? The Las Vegas Golden Knights are coming to try out in the NHL this fall. Are knights an indicator of white privilege? Classist elitism? Imperialist conquering? The Crusades?

It’s all in how you see it, and also the High Court states it is also all in the bounds of free message.

Talk Freely

The Patent and Trademark Office (PTO) had denied the Slants’ application by citing the Lanham Act. The 1946 federal statute requires trademark requests to do not be disparaging in nature, and to avoid falsely suggesting a ‘connection with persons, living or dead, institutions, values, or national symbols, or bring them into contempt, or disrepute.’

The PTO tried to make the argument that trademarks are government speech, as they’re qualifying by the federal agency. Justice Alito rejected that reasoning, saying, ‘It offends a bedrock First Amendment principle: Speech might not be banned on the ground that it expresses ideas that offend.’

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