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From DOJ Fraud Charges to the Rise of the Cryptocurrency Casino: The Zero Edge Story | 10BET

From DOJ Fraud Charges to Secure Betting: Why Choosing a Reputable Cryptocurrency Casino Matters

Richard Kim, the founder of the cryptocurrency casino Zero Edge, finds himself in hot water with the U.S. Department of Justice (DOJ) as he faces serious allegations including securities and wire fraud. The charges stem from claims that Kim misappropriated nearly $3.8 million from investors following a successful funding campaign that raised $4.3 million in 2024.

Richard Kim DOJ Charges
An ad for the ZeroEdge cryptocurrency casino. Founder Richard Kim is facing charges brought by the Department of Justice. (Image: CoinGeek)

Allegations Unfold

  • Misuse of Investor Funds: Allegations suggest that Kim promised a blockchain-based casino app development but instead gambled using the funds on various cryptocurrency exchanges.
  • Indictment Details: The indictment was unsealed by the United States Attorney for the Southern District of New York, Jay Clayton, and highlights the severity of the allegations against Kim.
  • Previous Charges: This indictment follows a previous fraud charge filed by the Securities and Exchange Commission (SEC) against Kim.

US Attorney Jay Clayton stated that Kim misled investors and violated their trust, jeopardising the integrity of the venture capital market.

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Background of Richard Kim

Before launching Zero Edge in March 2024, Kim held positions at large financial institutions, including JPMorgan and Goldman Sachs, which possibly instilled trust in potential investors.

Gambling History and Fund Diverting

Kim has openly admitted to struggling with gambling issues for over 20 years. The DOJ revealed that Kim misappropriated approximately $3.8 million soon after the funding round, directing it towards other casinos and crypto exchanges.

According to the Justice Department, Kim’s personal Coinbase account received the fund transfers, which were then moved to exchanges such as Backpack, Binance, and Kraken. During a week in June 2024, Kim made transfers amounting to $7 million.

Despite acknowledging certain mismanagement of funds, Kim claimed that losses arose from a treasury management strategy rather than his personal gambling habits.

Potential Consequences for Kim

If convicted, Kim faces serious penalties, including up to 20 years in prison for each charge of securities fraud and wire fraud.

The severity of the laws surrounding securities fraud is indicative of the seriousness of Kim’s alleged actions and the potential repercussions involved.

One notable victim of Kim’s alleged fraud is Galaxy Digital, a firm controlled by Mike Novogratz, which experienced modest financial losses due to this controversy.

Conclusion

The case of Richard Kim is a reminder of the ethical responsibilities held by entrepreneurs in the gaming and cryptocurrency sectors. As the legal proceedings unfold, the gaming community will keenly observe how this situation develops and the impact it may have on investor confidence in the rapidly evolving landscape of online gambling and cryptocurrency gaming.

This entire situation serves as a pivotal cautionary tale for investors, highlighting the importance of thorough due diligence when investing in startup ventures.

Frequently Asked Questions

What are the allegations against Richard Kim?

He faces charges of securities and wire fraud related to misuse of investor funds.

What is Zero Edge?

Zero Edge is a cryptocurrency casino founded by Richard Kim, known for its blockchain technology.

What are the impacts of these allegations?

The case could affect investor trust in cryptocurrency casinos and the overall market.

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Las Vegas Myths – Las Vegas Strip Myths Re-Busted: From Elvis’s Dark History to Casino Legends | 10BET

Las Vegas Strip Myths Re-Busted: From Elvis’s Controversies to Casino Legends

Las Vegas Strip Myths Re-Busted: From Elvis’s Controversies to Casino Legends EDITOR’S NOTE: “Vegas Myths Busted” publishes new entries every Monday with special editions, exploring the many legends that define the neon glow of the Las Vegas Strip. This entry revisits Elvis Presley’s controversial legacy, examining how the King’s influence shaped the entertainment landscape of the worlds most famous gambling destination in honor of the ongoing conversations surrounding race in America.

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In 2002, hip-hop artist Mary J. Blige performed “Blue Suede Shoes,” a song made famous by Elvis Presley, during VH1’s special. Blige stated, “I prayed about it because I know Elvis was a racist. But that was just a song VH1 asked me to sing. It meant nothing to me.” This statement reflects the ongoing debate about Elvis’s legacy as a cultural icon.

Las Vegas Strip Myths
Elvis Presley meets B.B. King, a lifelong friend, at a charity event for WDIA, a Black Memphis radio station, in 1956.

In a 2021 interview, music producer Quincy Jones claimed he would never work with Presley, referring back to his experiences in the 1950s when he heard Tommy Dorsey refuse to play with him, citing Presley’s racist beliefs.

“Elvis came in, and Tommy said: ‘I don’t want to play with him,’” Jones recounted, stating Elvis was “a racist mother******.”

Moreover, Ray Charles voiced his frustration in a 1994 interview, questioning Elvis’s «king» status, stating, “He was doing our kind of music. So what the hell am I supposed to get so excited about?”

A Culture on a Thin Line: Elvis and Racial Appropriation

Elvis’s appropriation of rhythm and blues music, primarily created by Black artists, draws criticism. Many argue he benefited from white privilege, profiting from a musical style that many Black artists never achieved fame or wealth within.

  • Elvis gained fame from songs like “That’s All Right, Mama,” originally performed by Arthur Crudup, who did not receive proper credit until much later.
  • Crudup was credited on the 1954 single but did not receive $60K in back royalties for years.
  • Elvis’s style was not a gimmick; it was a natural expression that resonated with a wide audience.

Elvis’s concerts in Las Vegas, notably at the New Frontier, likely catered to a segregated audience during his debut in 1956. The Las Vegas Strip during that time was prevalent with whites-only clubs where Black musicians often weren’t welcome in the audience.

It wasn’t until 1960 that African-Americans were allowed to patronise these establishments, spurred on by civil rights movements and protests. Elvis, still a newcomer, had little negotiating power to demand integration in his contracts.

The Accused Racial Slur

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By 1957, Elvis faced allegations of using a racial slur in a Boston performance. A sensationalist publication, Sepia, published an article claiming “Some Negroes are unable to forget that Elvis was born in Tupelo, Mississippi…” Those claims suggested that he made derogatory statements toward Black individuals.

Journalist Louie Robinson extensively investigated the allegation and concluded that the rumor stemmed from unfounded sources. Elvis, in an interview, firmly denied ever saying anything derogatory, stating, “I never said anything like that… nobody can sing that kind of music like colored people.”

Elvis’s Connection to Black Culture

Raised on the divides of segregated Mississippi, Elvis spent much of his early life amidst Black communities. His early musical influences stemmed from Gospel music in Black churches and friendships with musicians such as B.B. King, who praised him for his talent.

Reports from 1956 noted that Elvis’s attendance at events like WDIA’s charity shows earned him praise from Black communities.

Elvis Presley Legacy
Fats Domino with Elvis in the 1960s.

The Comeback Special and Race Relations

The 1968 television special “Singer Presents … Elvis” underwent a significant transformation due to the turbulent social climate following the assassination of Martin Luther King Jr. and Robert F. Kennedy. Elvis insisted on ending the show with a thematic message promoting brotherhood.

The song he ultimately performed, “If I Can Dream,” is a powerful reflection of Dr. King’s vision of racial equality.

Chuck D’s Perspective

Public Enemy’s Chuck D, when asked about Elvis’s legacy, indicated the complexity of the issue, expressing respect for Elvis while highlighting that the icon could overshadow contributions of other artists.

“My whole thing was the one-sidedness, like, Elvis’ icon status in America made it like nobody else counted.”

Concluding Thoughts

Elvis played to segregated audiences during a time when such practices were commonplace; he used his influence to capitalize on music rooted in Black culture. Accusations of racism may cast a long shadow over his legacy, yet the deeper inquiry into his life reveals nuances worth discussing.

Ultimately, Elvis Prince’s role in American music remains complex—his contributions essential for rock’n’roll yet involved in an era rife with racial inequalities.

Summary

The legacy of Elvis Presley stands as a symbol of both musical genius and social controversy. While he achieved unimaginable success, the discussions around his cultural appropriation and alleged racism continue to provoke thought. This article aims to offer insights into Elvis’s impact on music and the ongoing dialogues regarding race within America.

Frequently Asked Questions

What is the main focus of the myths explored?

The article focuses on Elvis Presley’s influence and controversies in Las Vegas history.

Why are these myths relevant today?

They highlight ongoing discussions about race and cultural appropriation in America.

What is the significance of Elvis in Las Vegas?

Elvis shaped the music scene and cultural identity of Las Vegas during his career.

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Sports Betting Harassment – From Pro Athlete Harassment to Sports Betting: Lessons from Brady Tkachuks Experience | 10BET

From Pro Athlete Harassment to Sports Betting Trends: Brady Tkachuk Joins the Conversation

From Pro Athlete Harassment to Sports Betting Trends: Brady Tkachuk Joins the Conversation The rise of online engagement has brought new pressures to professional athletes, particularly as the popularity of sports betting continues to surge. Ottawa Senators’ star forward Brady Tkachuk recently highlighted the darker side of this trend when he shared his experience with harassment from gamblers. Tkachuk revealed that he was forced to change his Venmo account after receiving relentless requests for refunds from fans who were deeply frustrated by their losses in sports betting related to his game performances.

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Understanding Gambler Harassment

  • What Happened: Tkachuk was targeted by fans who demanded money back after betting on his performance in games.
  • Reactions from Athletes: More athletes are speaking out about the emotional toll gambling has on their careers and personal lives.
  • Popularity of Micro-Market Betting: The rise of micro-market betting has contributed to a surge in pressure on players, as fans chase small, immediate wins.

Tkachuk addressed these concerns in a conversation with ESPN’s Greg Wyshynski, highlighting the risks of public visibility that come with social media. He noted,

Frequently Asked Questions

What issue did Tkachuk highlight?

He highlighted harassment from fans seeking refunds related to sports betting.

How does gambling affect athletes emotionally?

Many athletes experience significant emotional pressure due to public betting expectations.

What is micro-market betting?

Micro-market betting allows fans to bet on specific aspects of a game in real-time.

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NFL Betting – Sports Betting on the Bills and Lions: Get in the Action at Caesars Sportsbook | 10BET

Sports Betting Action at Caesars: Best Odds on Bills and Lions Games

When discussing NFL betting, August stands out as a prime time for futures betting, especially on the Super Bowl and divisional winners. Top Sports Betting Highlights

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  • Bills early betting favourites to win the Super Bowl
  • Insights from the Head of Football at Caesars Sportsbook
  • Micro markets growing in popularity for instant gratification

When discussing NFL betting, August stands out as a prime time for futures betting, especially on the Super Bowl and divisional winners. Head of Football at Caesars Sportsbook, Joey Feazel, notes considerable action on the Detroit Lions and Buffalo Bills this season.

Caesars Palace Sportsbook
There has been a noticeable betting surge on the Buffalo Bills, according to Joey Feazel from Caesars Sportsbook.

Cook Signs New Deal with Bills

The Lions were close to success last year, having been eliminated by the Washington Commanders in the NFC Divisional game. Currently, many teams are preparing for their starters in the preseason, leading to increased betting opportunities for fans eager to support their teams.

As we enter Week 2 of the NFL pre-season, a full schedule runs through Monday, with Caesars Palace Sportsbook in Las Vegas buzzing with activity. Feazel mentions that during NFL weekends, the sportsbook often needs to install bleachers to accommodate the overflow of eager bettors.

NFL Dominates Betting

Aside from the excitement surrounding March Madness, nothing attracts bettors quite like the NFL, according to Feazel. The atmosphere in the sportsbook, packed with enthusiastic fans, adds to the allure:

“We’re witnessing steady growth in NFL popularity,” he mentions. “In the coming years, we might even see an extra week added to the season, paving the way for a President’s Day Super Bowl, which would mean an extra holiday on a Monday. The NFL’s continuous popularity is undeniable and ever-growing.”

Boon for Sportsbooks

The buzz surrounding the Buffalo Bills is easy to understand. Currently, Caesars Sportsbook lists the Bills at +625, making them the top favourites for the Super Bowl, closely followed by the Philadelphia Eagles at +700, and the Lions at +1100.

Recently, the Bills confirmed a contract extension with running back James Cook, valuing at USD $48 million, marking a step forward in securing their roster. Cook’s presence alleviates pressure on star quarterback Josh Allen, allowing the Bills to focus on a more balanced game strategy.

This year, the Bills are featured on HBO’s acclaimed series Hard Knocks, further escalating their visibility among bettors.

NFL Preseason Betting
NFL preseason betting lines at Caesars Sportsbook.

League Parity

Feazel explains that the ever-changing dynamics within the NFL often serve the sports betting industry well:

“One of the appeals of NFL betting is the unpredictability – games often see unexpected results. Every team has the potential to win on any given Sunday, which keeps fans engaged and betting.”

Despite fluctuating results in the early part of the season, predictions indicate a return to more stable outcomes as the season progresses.

Kickoff Rule Change Should Impact Totals

Looking ahead, a significant rule change awaits the new season: the kickoff touchback moving from the 30-yard line to the 35-yard line. This alteration aims to boost kickoff returns, likely impacting betting patterns, especially on Total points scored.

Feazel anticipates that the betting market will initially react cautiously to this change:

“I expect a gradual adjustment, as historical data may not align with the new reality.”

In-Game Betting Surges in Popularity

One of the most exciting trends in betting is the rise of in-game betting, which allows punters to place bets on various aspects of the game while it unfolds:

“In-game betting has been progressively gaining traction. It allows punters to enjoy the action live and wager on things like scoring on a drive or even individual player performances,” Feazel notes. “This instant gratification appeals tremendously to many bettors.”

Bettors Prefer Micro Markets

Micro markets have emerged as a popular betting option, highlighting instant results. Last season, Caesars Sportsbook offered numerous Super Bowl prop bets, and they plan to exceed that this year:

  • Betting on the coin toss
  • The so-called “octopus” – a player scoring a touchdown and a 2-point conversion
  • Which player will clock the fastest time on the field?

Feazel elaborates on the origins of prop betting in the Super Bowl, tracing it back to the bold move by Caesars bookmakers in 1986:

“They dared to offer what became known as the most exotic Super Bowl prop bet ever – 20-to-1 odds on William ‘The Fridge’ Perry to score a touchdown, creating a ripple effect in sports betting.”

Feazel enthusiastically concludes, “The Super Bowl represents the pinnacle of betting excitement, and we are always thrilled about it!”

Conclusion

The upcoming NFL season is poised to deliver an exciting array of betting opportunities, with the Buffalo Bills and Detroit Lions capturing a significant amount of attention. As trends evolve and new markets open, bettors will have plenty of options to explore at Caesars Sportsbook.

With increasing participation in micro markets and in-game betting, the dynamics of sports wagering continue to grow and change, promising an engaging experience for both casual fans and seasoned bettors alike.

Frequently Asked Questions

What are the betting odds for the Bills this season?

The Bills are currently favored with odds at +625 for the Super Bowl.

What is micro market betting?

Micro market betting refers to wagering on specific outcomes such as who will score next in a game.

How has in-game betting grown in popularity?

In-game betting allows bettors to wager live as the game unfolds, enhancing engagement.

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NorthStar Gaming – NorthStar Q2 Results Driven by Rapid Growth in the Online Sportsbook Sector | 10BET

NorthStar Q2 Results Surge as Online Sportsbook Expansion Drives Double-Digit Revenue Growth

NorthStar Gaming Inc. has just released its financial results for Q2 2025, revealing encouraging growth metrics that signal a transformative era for the company. Driven largely by the rapid expansion of its digital offerings, the Toronto-based platform is seeing a surge in engagement through its premier online sportsbook, recording impressive figures that reflect its increasing foothold in the competitive gaming industry.

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Highlights of the Results

  • 15% Increase in Revenue – Revenue climbed to CAD $8.5 million, up from $7.4 million in Q2 2024.
  • 25% Boost in Gross Margin – The gross margin reached $3.5 million, showcasing a significant increase from $2.8 million.
  • Marketing Efficiency Improvement – Marketing expenses decreased by 16% to $3.1 million, representing 35.8% of revenue compared to 48.8% the previous year.

Market Insights

The gaming landscape in Ontario is evolving, leading to increased efficiency and sustainable growth for NorthStar. Michael Moskowitz, Chair and CEO, stated, “Our team has demonstrated consistent year-over-year growth, particularly through managed services revenue, which has more than doubled compared to last year. The increase in our gross margin, now at an all-time high of 40.8%, is paving the way for profitability.”

“Ongoing innovation and efficiency in our marketing program is enabling us to drive growth while simultaneously reducing operating expenses as a percentage of revenue.”

Year-to-Date Performance

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Looking at the six-month results, NorthStar recorded revenues of CAD $16.4 million, reflecting a 23% increase from $13.4 million during the same period in the previous year. Gross margin during this period was $6.5 million, up 39% from $4.7 million.

Moskowitz emphasised, “We anticipate continued year-over-year growth due to improved business fundamentals and key performance indicators. Maintaining financial discipline through prudent cost management is crucial for our ongoing progress towards profitability.”

Future Plans for Alberta

With Ontario’s market becoming increasingly competitive, NorthStar is setting its sights on expansion into other Canadian regions, particularly Alberta, where a regulatory framework is expected to be established. The anticipated launch of the Alberta market is expected around early 2026, presenting a fresh opportunity for growth.

Key Takeaways

  • The increase in revenue and gross margin are strong indicators of NorthStar’s growth potential.
  • Operational efficiency in marketing expenditure is notable, with a significant decrease year-on-year.
  • The company is strategically planning its entry into the Alberta market, which could bolster its presence across Canada.

In summary, NorthStar is witnessing a robust trajectory in its financial outcomes, reflecting effective management and strategic foresight. As they prepare for an exciting future, the anticipated changes in Alberta’s gaming market could serve as a pivotal moment for furthering their influence in Canadian gaming.

Frequently Asked Questions

What drove NorthStar’s revenue growth?

The growth was largely driven by the rapid expansion of its online sportsbook offerings.

What were NorthStar’s Q2 revenue figures?

revenue climbed to CAD $8.5 million, a 15% increase from Q2 2024.

What markets is NorthStar targeting for expansion?

NorthStar is planning to expand into Alberta, anticipating a new competitive market.

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Illinois Casino Revenue Blossoms in July as New Facilities Fuel Growth

Illinois Casino Revenue Blossoms in July as New Facilities Fuel Growth

The rapid expansion of the Illinois gaming sector is driving a significant surge in casino revenue across the state. The rapid expansion of the Illinois gaming sector is driving a significant surge in casino revenue across the state. As new venues open and player engagement climbs, the overall growth of the Illinois casino market is being fueled by a consistent and impressive rise in casino revenue.

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  • July gross gaming revenue soared 23% from a year ago
  • New casinos are fueling the revenue surge

While several commercial gaming states are experiencing declines in in-person revenue this summer, Illinois stands out as its casino industry flourishes.

Illinois Casino Revenue
A slots player gambles at Rivers Casino Des Plaines in Illinois. Gaming revenue in Illinois continues to grow as new properties open in the Land of Lincoln. (Image: Shutterstock)

The Illinois Gaming Board (IGB) recently announced that gross gaming revenue (GGR) across the state’s 17 brick-and-mortar casinos exceeded $167.5 million in July. This figure represents a robust 23.3% increase compared to the previous year, amounting to an additional $31.7 million compared to July 2024, when casinos amassed $135.8 million.

Local gamblers have a strong preference for slots, which alone accounted for nearly $127.6 million of this month’s total revenue. Notably, the revenue from table games contributed less than $40 million.

Rivers Casino Des Plaines continues to lead, recording a GGR exceeding $44 million in July. This casino, located at Chicago’s O’Hare International Airport, was the only operation in Illinois to surpass the $19 million mark last month.

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Wind Creek Chicago Southland followed in second place with $18.8 million in GGR. Impressively, no other casino earned over $13 million during this period.

Casino Expansion

The commercial casino sector in Illinois is on an expansion trajectory. Last month, all but a pair of casinos reported year-over-year GGR increases.

The only exceptions were Hollywood Casino Joliet, which saw a 44% drop in income to $4.2 million, and Harrah’s Joliet Casino & Hotel, experiencing a 3% decline to $10.6 million.

The decline at Hollywood Joliet was anticipated as the riverboat was only operational for 28 days last month. On July 29, the operator Penn Entertainment shut down the floating establishment after 33 years of service.

Penn Entertainment has transitioned to a new land-based facility for Hollywood Casino Joliet located roughly two miles from its previous riverboat dock. This $185 million brick-and-mortar casino boasts significantly more gaming options, including 1,000 slot machines and 43 live-dealer table games, a high-limit section, and an ESPN Bet Sportsbook. Additionally, the property features a restaurant led by celebrity chef Giada De Laurentiis and an events centre.

July 2025 benefitted from two additional casinos operating: Wind Creek and Fairmount Park.

Wind Creek, operated by the Poarch Band of Creek Indians—an esteemed federally recognized tribe from Alabama—opened in November 2024, marking its presence in Illinois.

Wind Creek Chicago Southland stands as Illinois’ largest casino, providing 81,000 square feet of gaming space equipped with 1,400 slots, 56 tables, and a sportsbook.

Conversely, Fairmount Park introduced slot machines and electronic table games to the horse racetrack following its acquisition by Accel Entertainment, offering around 300 gaming positions.

More Growth Likely

It seems set that the GGR figures in Illinois will continue to rise in the coming years as more facilities come online.

Boyd Gaming is considering a new Par-A-Dice casino project intended to replace its longstanding riverboat in East Peoria, igniting a competition over the final location between East Peoria and Peoria.

The IGB maintains its focus on in-person casino gaming only. The regulatory agency has this year dispatched multiple cease-and-desist orders to unregulated, unlicensed online casinos, sportsbooks, and prediction market platforms, including Kalshi, Bovada, Crypto.com, Robinhood, and BetOnline.

Additionally, a bill aimed at prohibiting online sweepstakes casinos is currently under consideration in the Illinois General Assembly.

Summary

The Illinois casino landscape is thriving, driven by a strong performance in July marked by significant revenue growth and the advent of new casinos. As the state looks to the future, ongoing expansion is anticipated, reinforcing its position as a key player in the gaming industry.

Frequently Asked Questions

What was the percentage increase in July revenue?

July gaming revenue soared 23% compared to the previous year.

Which casino had the highest revenue in July?

Rivers Casino Des Plaines led with a GGR exceeding $44 million.

Are there any upcoming casino expansions in Illinois?

Yes, more facilities are expected to open, which will likely increase revenue further.

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Potawatomi Casino Flooding – Tribal Casinos Update: Potawatomi Casino Guests Can Begin Retrieving Vehicles From Flooded Parking Garage | 10BET

Tribal Casinos Update: Potawatomi Casino Guests Can Begin Retrieving Stranded Vehicles in Flooded Parking Garage

Following a historic weather event that impacted many local tribal casinos, the Potawatomi Casino Hotel in Milwaukee has announced that stranded vehicles in its valet parking garage can be claimed beginning Thursday morning. Following a historic weather event that impacted many local tribal casinos, the Potawatomi Casino Hotel in Milwaukee has announced that stranded vehicles in its valet parking garage can be claimed beginning Thursday morning. The flooding occurred as a result of record rainfall, described as a “once-in-a-thousand-years” weather event, with parts of the city on the western shore of Lake Michigan receiving nearly 10 inches of rain from August 9 to 10, 2025.

Flooded Parking Garage at Potawatomi Casino
The parking garage at Potawatomi Casino Hotel in Milwaukee was flooded where many vehicles suffered water damage. (Image: Reddit)

Due to the extensive flooding, guests with vehicles parked in the valet garage and those who self-parked on the first level of the six-storey garage were unable to retrieve their vehicles for several days.

From 9 AM local time until 6 PM on Thursday, guests who valeted before the floods can retrieve their vehicle from a designated corner lot on the southwest side of the casino building along W. Potawatomi Circle. The casino has assured that vehicles have been safely removed to this location, which will only be accessible to guests, insurance adjusters, and tow trucks.

Claiming Your Vehicle

To claim a vehicle, patrons must present:

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  • Valet ticket
  • Car registration or title
  • A valid government-issued ID

Insurance adjusters will need to provide their business card along with the vehicle identification number (VIN), while tow trucks must have work orders or invoices indicating the specific vehicle they are retrieving.

Vehicle Damage Insights

There is a significant concern regarding damage to vehicles parked in the flooded valet garage. According to a spokesperson for the casino, many vehicles experienced substantial water damage due to the massive amount of water that entered the garage. It’s important to note that most standard auto insurance policies do not cover flood damage. Typically, only comprehensive coverage will account for damage caused by water or flooding.

Most standard auto insurance policies don’t cover flood damage. Comprehensive coverage typically includes damage from hail, fire, theft, and flooding.

Casino Operations During the Flood

Notably, Potawatomi Casino Hotel remained open throughout the storm. Guests were advised to use the above-ground parking structure entrance located off the 16th Street Bridge. As one of the largest casinos in Wisconsin, Potawatomi boasts around 3,000 slot machines, over 60 live-dealer table games, bingo and poker rooms, and the Potawatomi Sportsbook.

Wisconsin hosts more than two dozen tribal casinos, with federally recognised tribes holding a monopoly on casino gambling. Notably, commercial casinos are illegal in the state. As per a fiscal year 2024 revenue report from the National Indian Gaming Commission, tribal casinos in Wisconsin and neighbouring states such as Minnesota, Iowa, Nebraska, Michigan, and Indiana generated a gross gaming revenue of approximately $5.1 billion, with 97 tribal gaming facilities reported in total.

Conclusion

Guests at Potawatomi Casino faced considerable challenges as they were unable to access their vehicles amidst the unexpected flooding. However, with the measures now in place, they can retrieve their cars and be informed about any potential damage. The robust community response highlights the resilience of both the casino and visitors during challenging weather conditions.

The Potawatomi Casino remains a significant attraction in Milwaukee, and future enhancements will undoubtedly continue to promote safe and enjoyable experiences for all visitors.

Frequently Asked Questions

When can guests retrieve their vehicles?

Guests can retrieve their vehicles from 9 AM to 6 PM, starting Thursday.

What documents are needed to claim a vehicle?

Guests need a valet ticket, car registration, and a valid ID.

Will insurance cover vehicle flood damage?

Most standard auto insurance policies don’t cover flood damage; only comprehensive coverage typically will.

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Las Vegas F1 Grand Prix – How F1 Las Vegas Grand Prix Lawsuits Affect Las Vegas Casinos | 10BET

F1 Las Vegas Grand Prix Settlement Impacts Local Las Vegas Casinos and Businesses

In a development that highlights the intense economic pressures facing the local hospitality industry, a major settlement has been reached that directly impacts the landscape of Las Vegas casinos. In a development that highlights the intense economic pressures facing the local hospitality industry, a major settlement has been reached that directly impacts the landscape of Las Vegas casinos. The Formula 1 (F1) team has settled with two businesses claiming significant financial losses during preparations for the 2025 F1 Las Vegas Grand Prix, a move that reverberates through the gambling sector. The affected establishments include the historic Stage Door Casino and Battista’s Hole in Wall restaurant, both owned by Randy Markin, underscoring how major sporting events can influence the stability of iconic venues within the realm of Las Vegas casinos.

Stage Door Casino
The Stage Door Casino was founded in 1976 by Ron Markin, who famously sold his Bali Hai Motel to Howard Hughes in a handshake deal. (Image: Yelp)

The lawsuit filed by Markin initially sought damages exceeding $50,000, as he claimed that the construction of a temporary bridge to manage traffic over Flamingo Road during the Grand Prix significantly disrupted operations at his businesses. Markin alleged that the disruption was “unpredictable and cripplingly disruptive,” impeding vital foot traffic crucial for business growth and sustainability.

Details of the Settlement

While the exact terms of the settlement are confidential, reports indicate that F1 and Markin’s side reached an agreement following the partial dismissal of the lawsuit on August 8, 2025. This partial dismissal does not fully absolve the dispute, as the landlord for both properties, RDG LV LLC, continues to pursue its claims.

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In light of the adverse impact on business operations, several other local businesses have expressed similar grievances. For example, Jay’s Market, a convenience store located within a nearby Shell Station, also reported financial losses due to the F1 event but had not filed a lawsuit. Fortunately, they reached an unofficial agreement with F1 to mitigate their losses.

Other Related Settlements

Another notable resolution occurred with Ellis Island Casino, which also made headlines for suing F1 claiming millions in losses. This case ended with F1 entering a partnership with Ellis Island for the forthcoming race, providing both parties an opportunity to capitalize on their collaboration.

This series of settlements underscores the need to balance significant entertainment events with the economic stability of local businesses. In addition to the ongoing disputes, a lawsuit by Ferraro’s Ristorante is pending, which claims millions in lost revenue due to the Grand Prix preparations.

Future Outlook for Local Businesses

As the Grand Prix approaches, local businesses are hopeful that the outcomes of these legal proceedings will lead to interventions that safeguard their interests during such large-scale events. The ongoing renovations of the Stage Door Casino and Battista’s Hole in the Wall are also critical as Randy Markin aims to reopen by the end of August, albeit delayed by construction complications.

Key Takeaways:

  • The F1 Las Vegas Grand Prix has direct impacts on local businesses, with significant financial claims being made for economic disruptions.
  • Confidential settlements have occurred between F1 and affected businesses, marking the ongoing need for dialogue during major events.
  • Other local businesses have also sought to protect their operations during the Grand Prix, showcasing a collective effort for economic sustainability amidst major sporting events.

In summary, this lawsuit settlement encapsulates the delicate balance between hosting significant international events and maintaining local business viability. As these businesses strive to recover and adapt, the ultimate aim is to foster a solution that benefits both the event organizers and the local community.

Frequently Asked Questions

What impact did the F1 Grand Prix have on local casinos?

The F1 Grand Prix has led to significant financial claims from local casinos and businesses due to disruptions.

What was the result of the lawsuits against F1?

Several local businesses reached confidential settlements with F1 for their losses.

Are other local businesses also affected?

Yes, many other local establishments have reported financial losses due to the F1 event preparations.

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Las Vegas Bar Crash – From Vegas Bar Crash to Online Casino Thrills: What to Know About Local News | 10BET

From Vegas Bar Crash to Big Wins: Why You Should Stick to a Licensed Online Casino Instead of Risky Rides

From Vegas Bar Crash to Big Wins: Why You Should Stick to a Licensed Online Casino Instead of Risky Rides. In a shocking incident that mirrors the high-stakes adrenaline of an online casino, a Jeep Cherokee smashed through the exterior wall of Dino’s Lounge, a popular Las Vegas dive bar. The driver, Margerette Williams, has been charged with DUI and is now facing multiple legal issues stemming from the early morning crash, leaving local residents stunned by the sudden and chaotic impact.

Dino's Lounge Crash
This Jeep Cherokee was involved in the crash at Dino’s Lounge, known for its vibrant local atmosphere.

Details of the Incident

The incident occurred just before 6:30 a.m. on Monday, August 4, when 32-year-old Margerette Williams allegedly crashed her vehicle into the beloved establishment. According to her arrest report, she was unlicensed, uninsured, and had an expired vehicle registration. Williams also refused to comply with field sobriety and blood tests.

Statement from Eyewitnesses

  • Speedy Impact: Witnesses claimed that Williams was driving at a speed of around 60 mph when she hit the bar.
  • Contradictory Claims: While Williams stated that she was rear-ended by another vehicle, eyewitnesses noted no damage to the back of her SUV, suggesting otherwise.

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Possible Factors Behind the Crash

Upon arrest, police noted that Williams exhibited signs of being in an altered state. Symptoms included bloodshot eyes and confusion, as she kept repeating questions indicating a lack of comprehension. An open alcohol container, identified as a BuzzBall cocktail, was found in her vehicle alongside a glass pipe containing narcotics residue.

Historical Context of Dino’s Lounge

Dino’s Lounge, which opened its doors back in 1962, has always held a special place in the hearts of locals. It recently made headlines when Chris Martin, the lead singer of Coldplay, made a surprise appearance during a karaoke night, bringing joy to unsuspecting patrons.

Community Reaction and Next Steps

The aftermath of this event has sparked conversations in the local community regarding safety and responsibility. The bar sustained significant damages and was expected to close temporarily for repairs, reopening soon after.

  • Community Concerns: Many community members are expressing their concerns over the increasing frequency of such incidents involving unlicensed drivers.
  • Legal Proceedings: Williams now faces several charges, including DUI and reckless driving, which could lead to severe penalties if convicted.

Conclusion

This incident highlights the importance of responsible driving and the potential ramifications of negligence. As community members rally around Dino’s Lounge, the focus remains on safety, awareness, and measures to prevent future occurrences.

For those interested in following more stories like this or keeping up with the latest updates in the gambling industry, visit Grand Rush Online for more information.

Frequently Asked Questions

What happened in the Vegas bar crash?

A Jeep Cherokee crashed into Dino’s Lounge, resulting in various charges against the driver.

What are the community reactions?

Local residents are concerned about safety and the increasing frequency of similar incidents.

How will the bar recover after the crash?

Dino’s Lounge plans to temporarily close for repairs and reopen soon after.

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How Red Rock Bonds Signal Growing Strength in the Casino Industry

Red Rock Bonds Signal Robust Growth Within the Casino Industry

Red Rock Bonds Signal Robust Growth Within the Casino Industry. Key Highlights: An in-depth look at the shifting trends, technological advancements, and economic drivers currently shaping the global casino industry.

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  • Strong performance from Red Rock Resorts, with shares up nearly 35% this year.
  • Research firms noting positive momentum in Las Vegas locals market, advantageous expansion plans, and collaborations with California tribal casinos.

Investors are increasingly eyeing Red Rock Resorts (NASDAQ: RRR) as the company’s corporate bonds show promising potential. With a remarkable increase of nearly 35% year-to-date, Red Rock stands out in the casino industry. Experts suggest that the strength of the company’s corporate debt is an attractive opportunity.

Green Valley Ranch
Red Rock’s Green Valley Ranch in Henderson, NV. A research firm is optimistic about the issuer’s corporate bonds. (Image: Green Valley Ranch)

According to a report by GimmeCredit’s analyst Kim Noland, key developments in the Las Vegas locals market, ongoing expansion projects, and new partnerships with tribal casinos in California present a robust outlook for Red Rock’s securities.

Red Rock boasts a pipeline of new projects coupled with significant land assets that are largely insulated from competition. However, the capital expenditure required to realise these developments is substantial,” notes Noland.

Upcoming projects include:

  • Expansion at the Durango Casino & Resort located in Southwest Las Vegas.
  • Enhancements at Green Valley Ranch in Henderson.
  • Improvements at Sunset Station.

Recently, Red Rock adjusted its forecast for capital spending in 2025, reducing it by $25 million. Noland emphasizes, however, that significant debt reduction for this year remains unlikely.

Additional Factors Supporting Red Rock Bonds

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Beyond the revised spending outlook, several other factors are contributing to the positive sentiment surrounding Red Rock bonds, including:

  • All projects are reported to be on time and within budget.
  • The new One Big Beautiful Bill Act (OBBA) passed recently is expected to produce substantial savings for the company. This act eliminates taxes on employee tips, scanning significant costs from administrative expenses. The resulting savings could generate increased discretionary spending by locals working in the service sector at Red Rock properties.

Noland noted that, during the second quarter, Red Rock experienced increased activity from various customer segments, including regional and national clients, transient visitors, and value-oriented players from the Strip. Despite a slight reduction in the comparative impact from Durango, consolidated revenue jumped by 8.2% to $526 million. Generous tax policies for locals, such as deductions for tips and senior citizens, are also projected to enhance the spending ability of key customer groups.

Noland currently holds an “outperform” assessment on the bonds maturing in 2031, with a yield-to-worst of 5.75%.

North Fork as a Catalyst for Red Rock

All of Red Rock’s casinos operate within the Las Vegas Valley; however, it has established an agreement to manage the North Fork Mono Casino & Resort in Madera, California—a $400 million tribal gaming venue that is anticipated to open next year.

This venture is seen as an economical means for Red Rock to earn management and construction fees, which can then be channeled towards its Las Vegas initiatives or used to bolster shareholder returns.

“The North Fork project will yield considerable management fees, while the ongoing expanding projects are expected to enhance cash flow, provided the ‘locals’ consumer economy remains healthy,” concluded Noland.

Summary: Red Rock Resorts continues to attract investor interest as its corporate bonds gain strength due to positive developments in the Las Vegas locals market and ongoing expansions. The firm’s strategic partnerships, expenditure reductions, and beneficial local economic policies create a favourable environment for future growth, making its bonds an enticing option for investors.

Frequently Asked Questions

What are Red Rock bonds?

They are corporate bonds from Red Rock Resorts indicating financial strength.

Why are investors interested in Red Rock bonds?

The company shows promising growth and expansion in the Las Vegas market.

What projects are upcoming for Red Rock?

New projects include expansions at existing casinos like Durango Casino & Resort.

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