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 executive that is former the Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania happens to be sentenced to 32 months for his part in a scheme that involved the casino’s slots and creating bogus loyalty rewards.

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

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

It ended up being 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 was Mark Joseph Heltzel, an individual who 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 the way the trio used $478,100 in free slot play Continue reading “Former Mohegan Sun Pocono Exec Sentenced to 32 Months for Bogus Loyalty Card Scheme”

Is Las Vegas Tourism’s Future Boom or Bust? Professionals Have Different Viewpoints

Is Las Vegas Tourism’s Future Boom or Bust? Professionals Have Different Viewpoints

The tourism industry in Las Vegas has recovered all but 1.3 percent from the fallout that is devastating of recession, but what lies ahead for las vegas’s visitor growth for the following five years? It depends who you ask.

Las Las Vegas tourism continues to flourish, but several factors could hamper future expansion, from terrorism to airline pilot shortages.

Several factors point toward slower growth, but the recovery from the 2008 Great Recession is nearly complete.

That’s according to UNLV’s Center for Business and Economic analysis director Stephen Miller, whom said at a presentation earlier this week that Southern Nevada’s tourism economy will drop slightly, but then rebound in a restricted capacity, in 2018, in accordance with a story in the Las vegas, nevada Review-Journal.

Those thoughts are in direct contrast to those of officials during the Las Vegas Convention and Visitors Authority (LVCVA). Execs there think that indicators point toward an upsurge in visitors, continuing a trend they have seen going back 3 years.

Tourism Records Broken

Visitor numbers in Las Vegas have been spiking since 2015. Occupancy rates in hotels, as well as average daily room prices, have also gone up in the past couple of years, in line with the LVCVA.

It has undoubtedly been a bull market for both the Strip and downtown in vegas. In 2016, 42.9 million site visitors flocked to Sin City, according to Continue reading “Is Las Vegas Tourism’s Future Boom or Bust? Professionals Have Different Viewpoints”

Crown Resorts Looks to Sell Las Vegas Property for $400 Million

Crown Resorts Looks to Sell Las Vegas Property for $400 Million

Crown Resorts desires to create a deal for its vacant acreage regarding the Strip simply north of Fashion Show Drive in nevada, but only for the price that is right.

Crown Resorts is offering its land that had been supposed to be the home of Alon nevada, while the home comes with some neighbors that are rather prominent.

In late 2016, Crown announced it ended up being abandoning Alon, a planned 1,100-room casino resort across from Wynn Las Vegas. The Australian hospitality and entertainment conglomerate has become looking to offer the 34.6 acres where the project ended up being to be built for $400 million.

And the listing that is massive comes with a caveat: the customer is actually only getting ownership in 18.4 acres, due to the fact staying 16.2 comes part of the package through a lease. This means each acre completely purchased is being sold at $21.7 million.

CBRE Group, a realty firm that recently executed the Las Vegas Raiders’ land purchase, is listing the property. The commercial realtor says the Alon location warrants the cost.

‘This is one of the most exciting properties to become available in nevada in a time that is long’ CBRE broker John Knott stated in a press release.

Crown Resorts’ biggest shareholder continues to be its founder, James Packer. The billionaire resigned from serving as chairman in August of 2015, but remains a director that is active.

Crowning Achievement

Should Knott have the ab Continue reading “Crown Resorts Looks to Sell Las Vegas Property for $400 Million”