Bronx Assemblywoman Arroyo Questioned About ‘Gambling’ Winnings

Bronx Assemblywoman Arroyo Questioned About ‘Gambling’ Winnings

New York State Assemblywoman Carmen Arroyo declared $30,000 in Casino winnings

Normally, hearing that some body has won big at a casino is a cause for joy, or simply a little envy. Within the New York State Assembly, though, it has changed into a source of suspicion over where one assemblywoman’s pay day might really have come from.

Winnings from Where?

The New York Daily News reported earlier this week that Bronx-based ny State Assemblywoman Carmen Arroyo had declared close to $30,000 in casino gambling winnings on her yearly disclosure that is financial. That is not uncommon in and of itself: politicians frequently have to discharge such forms, and with many being rather wealthy, having gambling winnings appear to them is not unusual.

But in Arroyo’s instance, a history of questionable ethics and an insufficient any gambling history are making some suspicious abut where that money might really be from.

‘I have never heard of her gambling before, ever,’ an unnamed albany insider told the Daily News. ‘I don’t believe it for an extra that that cash arrived from a casino.’

Those sorts of accusations might look like a shot in the dark from political rivals, if it weren’t for past accusations against Arroyo and her family. Both Arroyo and her daughter, Councilwoman Maria del Carmen Arroyo, have had allegations of misusing cash for family-run nonprofit organizations thrown at them. Arroyo’s grandson was also caught Continue reading “Bronx Assemblywoman Arroyo Questioned About ‘Gambling’ Winnings”

Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial

Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial

A Nevada-based casino table games developer, manufacturer and distributor is attempting to reassure worried shareholders after the company’s California ‘suitability to do business’ rights had been revoked by that state’s Gambling Control Commission recently.

Defending Page

Galaxy Gaming CEO Robert Saucier has sent a four-page missive to investors, claiming that all the presssing issues decried by the California regulators within their decisions stemmed from a ‘predecessor entity that ceased business procedure in 2009 and dissolved. The procedures didn’t involve Galaxy, directly’ Saucier went on, incorporating that ‘it is business as usual [at Galaxy ] once we continue to supply our products and services without the interruption.’

With Galaxy doing a whole lot of its business in the Golden State specially with many Indian tribes who have casinos Saucier desired to ensure customers and investors that Galaxy’s ‘gaming permit with Ca tribes is unchanged and in good standing. Likewise, our status in most other jurisdictions we serve is additionally unchanged and remains in good standing. In reality, we continue to seek and acquire new licenses and approvals in additional jurisdictions,’ the letter went on to say.

Conflicting Tales

And also this is where things get, um, a little confusing. All evidence points to the contrary because while Saucier emphatically states in his letter that the California Gambling Contro Continue reading “Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial”