It’s Responsible Gaming Week, so what better place to start the recap of the news but with a story of what happens when things get out of control. As always, remember to play responsibly.
Woman Robs Non-Profit Ballet Organization in Order to Fund Her Gambling Addiction
Sophia Kim, a former treasurer for the Universal Ballet Foundation, has been sentenced to 42 months in prison this week after she plead guilty to stealing roughly $1.5 million to fund a gambling habit. According to a recent report, the money was stolen from the Kirov Academy of Ballet, a non-profit organization that is based in Washington D.C.
In addition to the prison time, Kim was instructed to pay the organization $1.5 million back in restitution. She was ordered to pay them an additional $1.5 million in forfeiture money as well.
It was reported that Kim smuggled this much money over a nine-month period back in 2018. She had apparently written 68 checks made out to herself which varied between $500 and $12,000 which came out to $377,200. Then she made 197 debit withdrawals for an additional $479,283 and finally she added 139 credit card charges which rounded out to $681,571. It goes to show just how important it is to gamble responsibly because sometimes it can get out of control.
North Carolina Is Unlikely to Get Sports Betting Bill Passed In 2021
Residents of North Carolina who have been excitedly expecting a sports betting bill to be passed are going to have to wait a bit longer. The bill certainly has enough support in order to be passed but the problem is that there isn’t enough time to get it pushed all the way through in this legislative session. The bill is currently in the House and was referred out to three other committees that are going to take a look at it.
The bill has already cruised through the Senate and the upper chamber easily. It is supposed to allow both retail and online betting apps in the state of North Carolina.
Assuming the House isn’t able to come to a vote before the end of this year, it will immediately start off in the same place at the beginning of the 2022 year.
Las Vegas Raiders Owner Mark Davis Piles On The Wins
The Las Vegas Raiders were able to play their first game of the 2021 regular season in their brand-new stadium with fans in it, something that they couldn’t do last season. Not only did that Raiders win that game but their owner, Mark Davis, decided to celebrate over at the casinos. Later that night, he was able to cash out on a slot machine for a nice payout. He won the money over at the Virgin Hotels Las Vegas in the Wheel of Fortune slot machine.
Davis reeled in $1,875 from his pull, which for him is probably about pennies considering he’s worth about $500 million. Davis rose to his spot in the community by owning both the Raiders and the WNBA franchise, the Aces.
The Virgin Hotels casino is the newest in the Las Vegas area. It is also the very first property to be operated by a native tribe. However, Virgin Group Ltd. are the current owners of the property’s hotel portion.