Category Archives: Gambling

If youre gambling legally in South Carolinathese days youre only doing so on a casino boat in international waters, but that could all change if the results of a new poll are an accurate indicator that residents attitudes toward gambling in the Palmetto State are changing.

Earlier this month, in response to a Winthrop University poll, 54 percent of residents asked said they were in favor of allowing casinos in the state. Some 42 percent were opposed to the idea, three percent werent certain, and one percent of those polled refused to answer, according to an exclusive report fromThe State newspaper. When asked the same question with the addition of a pledge to utilize casino revenues for road repair, that 54 percent increased to 68 percent, while the number of those opposed was reduced to 30 percent.

Those results vary a good deal from the Winthrop Poll conducted in October 2014, when 47.3 percent of the states residents said they were in support of allowing a limited number of casinos in the state and 47.3 percent were opposed to the idea, according to the news agency.

The author of the casino bill, State Rep. Todd Rutherford, D-Richland called the results of the polls, earth shattering. He said, What South Carolinians said in this poll is that they are tired of the Republicans digging into their pockets and taking their tax money when there is another alternative. Rutherford added, These poll numbers suggest Republicans need to get a grip on what the rest of South Carolina is saying, which is that its time to move forward and do so in a progressive way, according to the report.

The results of the polls have reenergized lawmakers who say the voters should be allowed to decide whether or not casinos should be legalized in the state. Less convinced by the polls, however, is the Republican-controlled S.C. House, which remains staunchly opposed to the legalization of casinos in the state. GOP lawmakers, who also hold a majority of the state Senate seats, say that increasing gambling will also increase crime and addiction. State Sen. Shane Massey, R-Edgefield, told the news agency that he doesnt think that gambling is a solution to our problems. Massey said, It likely creates even more problems. I cant imagine that 68 percent of my constituents would support that.

Proponents of legalization say that each year, hundreds of millions of dollars in tax revenue could be generated for the state with the addition of resort-styled casinos south of Charlotte, in Myrtle Beach, and across the border in neighboring Georgia from Savannah. The money could be used to repair the states roads, which have seen better days and are a legislative priority, according to the news agency.

If successful, and the proposal becomes law, South Carolina would join states such as Maine, Ohio, Kansas, Maryland, and others, which in the last decade have legalized commercial gaming to address budget issues. It wont be easy though, as Rutherfords proposal requires an amendment to the state Constitution. A two-thirds majority of legislators in both State House chambers would have to agree to allow voters to decide the fate of the proposal in the next general election.

Some Republicans, however, arent too confident in the poll results. Greg Delleney, R-Chester and House Judiciary Committee chair, said that after the surprise Election Day victory in November by President Donald Trump, he doesnt really have a great deal of confidence in polls, accordingto the news agency.

Calls to leave the decision regarding legalization up to the voters were also rebuffed by Delleney and Senate Majority Leader Massey, who noted that the state government in South Carolina is a republic, not a democracy. Delleney reportedly said the people of the state hire legislators to make those decisions and thats what they should do.

New poll shows an increase in SC residents approval of casino gambling was last modified: February 26th, 2017 by K Morrison

Casino Proposalpalmetto statepoll resultsrep todd rutherfordsouth carolinawinthrop pollwinthrop university

More:

New poll shows an increase in SC residents' approval of casino gambling - World Casino Directory

David Letterman is upping the ante with his latest obsession high-stakes poker!

But pals fear the retired Late Night host could be putting his $400 million fortune at risk, sources told The National ENQUIRER.

Dave has rediscovered his love for poker, dished a source. He hadnt played in years, but hes been getting back into it, and he even started teaching his 13-year-old son, Harry, over the kitchen table. Now Dave wants to take his skills to Las Vegas, where he dreams of winning big!

Dave, who retired in 2015, is gearing up to take on A-list poker-playing celebs like Ben Affleck and Tobey Maguire but he should cool his jets, warned the source.

Those guys are as close to professional players as you can get, spilled the source.

Daves totally out of his league with them. He might be worth $400 million, but those guys will have no hesitation in cleaning him out!

David Letterman: Bald, Bearded & Being A Dad

Daves lifelong idol and mentor, late Tonight Show icon Johnny Carson, was a legendary poker player hosting regular star-studded poker parties at his Malibu home during the 1970s and 80s.

Dave who made headlines in 2009 after a $2 million extortion attempt led him to admit on air to having cheated on his wife with multiple underlings insisted his poker playing is not a problem, added the insider.

Yet pals, worried about his decades-long battle with booze, fear Dave could end up flat broke like NYPD Blue creator David Milch who gambled away a staggering $100 million!

Daves trying to enjoy life a little by picking up new hobbies, but gambling isnt what his old friends had in mind, tattled the source. They wish Dave would stick to skiing and fishing. Everyones hoping this poker thing is just a phase.

Read more:

David Letterman: Retired Host Risks Fortune On Gambling Obsession - The National Enquirer

Pharaoh's Secret Temple video gaming machine at Tropicana Casino. Noah K. Murray/Special for the Record(Photo: Noah K. Murray/Special to NorthJersey.com)

These video game gambling machines - such as Danger Zone - in Atlantic City are the first of their kind in the U.S.(Photo: Noah K. Murray/Special for the Record)

Thousands of slot machines stillawait visitors to any Atlantic City casino, as they have for almost 40 years.

But at Tropicana and the three Caesars Entertainment casinos, a handful of new machines amidthe slots areintended to lure those seeking a different gambling experience.

The words VIDEO GAME GAMBLING on the sides of the Danger Arena and Pharaohs Secret Temple games beckon patrons, andlast week, the games the first such skill-based gamesat any casinos in North America,game maker GameCo Inc. said attracted some novices.

"Danger Arena is a first-person action game that appeals to a more 'core' gamer audience, similar to XBox games like Call of Duty," said GameCo founder Blaine Graboyes. "Pharaoh's Secret Temple appeals to a more casual audience and is similar to mobile 'match 3' games such as Candy Crush."

VIDEO GAME GAMBLING: Heres what's next in video game gambling in AC

ATLANTIC CITY:World's first skill-based video game gambling to debut next week

GAMBLING:How the house wins in new Atlantic City casino video game gambling

Danger Arena machines debuted in October, while the latter game was just installed at Tropicana last week. Both are now offered at each of the four casinos, with a total of 30 machines.

Part of the goal of the casinos is to getmillennials many of whom play video and social media games regularly but arent attracted to slot machines to spend more time and money because oftheir enjoyment of the games. Atlantic City casinos are eager to find new profit sourcesbecause the city's combined casino revenuehasfallenby more than 50 percent since Pennsylvania and New York opened their casinos near the New Jersey border in 2006. The number of casinos has declined to sevenfrom 12 in 2014.The video games are an example of efforts by state regulators to consider a variety of gambling options to help boostAtlantic City casinos and raise more tax revenue.

Reaching millennials is not just a concern in Atlantic City. The Las Vegas Convention and Visitors Authority saidthe percentage of visitors there who gambled had declined to 71 percent in 2014from 87 percent in 2006. The percentages of those who gamble by age group is telling. Seventy-eightpercent of baby-boomer visitors to Las Vegas gamble, followed by 68 percent ofGeneration Xand 63 percent of millennials.

Graboyessaidvideo games have been around so long that even somepeople in their 40s and 50s are experienced players. (Duringseveral hours at Tropicana and Caesars, no senior citizens were observedeven considering playing the video games.)

"We staff brand ambassadors at the games to answer questions and collect exit interviews, and from that we know that 60 percent of players so far have been under 40 years old," Graboyes said. Graboyes, who founded GameCoin 2015, said in September that the company had raised $8.3 million in venture capital to fund the launch at the Atlantic City casinos.

Peak activity, not surprisingly, has been nights and weekends. Half of the players interviewed said they would not have gambled if not for the video game machines, which Graboyes said bodes well for casino revenue. About 90 percent of the money gambled has gone back to the players, Graboyes added, which is similar to what casinos pay back on slot machines.

Atlantic City was chosen as the first location for the games,Graboyes said, to pay homage to his childhood visits to Atlantic City from Bucks County, Pa.

This is the first time Ive seen something like this, so I figured Id give it a try it looks kind of fun, said Kayla Jones, 30, of New Haven, Conn., after a couple of rounds of Danger Arena. Guys will definitely like this.

Another millennial, Mike Wasyliszyn of Carteret, looked over the Danger Arena games but then walked away.

I like to gamble, but I wouldnt gamble over video games its two totally separate things, Wasyliszyn said. I play Xbox and I like video games, but if I want to do that, Ill just stay home. Here, I prefer games like blackjack or craps.

Justin Miele, 38, of New Rochelle, New York, perused the games as well but said he declined because he is not a big video gamer.

I have some friends who would be interested in this, though, Miele said. Thing is, I havent seen anyone actually playing it yet.

Indeed, the games drew little notice at Tropicana at lunchtime on Feb. 17, a Friday, even with the PresidentsDay holiday weekend ahead.

Carlyn Davis of Queens, though, did take a chance on Pharaohs Secret Temple.

Ive played this type of game on my [smart]phone, Davis said. I have younger relatives who play slots, but theywould prefer to do this, I think.

I like to gamble, but I wouldnt gamble over video games its two totally separate things. I play Xbox and I like video games, but if I want to do that, Ill just stay home. Here, I prefer games like blackjack or craps.

Yeong Kim, who was visiting from Fairfax, Virginia, said he didnt much care for Pharaohs Secret Temple after a few tries at Caesars. (Ballys and Harrahs also offer the games).

My wife likes it more she says its like Candy Crush, Kim said. My kids would love it, though;they are 27 and 25. Ill tell them about it.

David Gargaro of Baltimore found that the Temple game reminded him of Bejeweled, another popular video game.

But theres too much skill involved, Gargaro, 30, said with a laugh. Its more daunting when youre gambling with real money, I suppose.

Only Jason Mejzak, 42, of Williamstown,in Gloucester County, found his experience so unappealing that he has written off the games for good.

The screen doesnt work, its too greasy, Mejzak said.

Players can choose five price points from 50 cents to $20 with either game. With Danger Arena, players must wipe out seven 'botsin 45 seconds to break even while knocking off 10 of the cartoon robots gets you 25 times your money.

There are 10,000 unique maps, or virtual locations, with Danger Arena each with a different level of difficulty. That means that as with poker and blackjack, luck as well as skill plays a role because an easy board could lead to easy money, while even a very skilled player could be overmatched by one of the most difficult maps. The maximum payout in one game on Danger Arena is $5,500,if a player lucks into the maximum instant cash prize of $5,000, then bets $20 and knocks off 10 or more 'bots to win 25 times his or her bet.

Graboyes said he plans to roll out more new games racing and martial arts fighting are among the other types and inmore locations overthe course of the year. Some of the new sites will be other Atlantic City casinos.

Read or Share this story: http://northjersy.news/2lE6epI

See the article here:

Video game gambling arrives in Atlantic City - NorthJersey.com - NorthJersey.com

One slow day in the royal kitchens, the sous chef turned to the pastry chef and said: I bet you sixpence you couldnt bake four-and-twenty blackbirds in a pie.

Youre on, the pastry chef replied, dusting his rolling pin with flour. And we all know how that story ended with the maid being rushed to A&E with a severely pecked nose. One moral you can draw from this is that frivolous bets are bound to lead to trouble. Wayne Shaw, the roly-poly substitute goalie for Sutton United might think so, after his scoffing of that steak pie in the 83rd minute of the cup-tie against Arsenal last week led to his resignation. There was a whiff of scandal (as well as hot pastry) about it, because a betting company had offered odds of 8-1 against Wayne doing just that.

I think the true lesson we can draw here is that pastry is much more interesting than football; a burning-hot steak pie, straight from...

Go here to see the original:

Pie pools and filo flutters: the world of pastry gambling is upon us - Telegraph.co.uk

Pharaoh's Secret Temple is one of the first video game gambling offerings in North America - so far the games only can be played in Atlantic City at four casinos, including Tropicana.(Photo: Noah K. Murray/Special for the Record)

It started with Danger Arena a first-person action game in the realm of Call of Duty.

Next came Pharaohs Secret Treasure a Match 3 game a la Candy Crush.

Next month, the latest in video game gambling offerings at Atlantic City casinos will be Nothing But Net a basketball shooting game. (For all the details on this new industry, and why Atlantic City's casinos are the first in North America to have the games, click my story here.)

I think this might be our first really big hit, said Blaine Graboyes, CEO of GameCo., the company behind these games. Its so easy to play just one big button. Anyone can do it. With Danger Arena, if you dont play Xbox or PlayStation, youre probably not going to be very good.

Graboyes told me that a customer gets 12 shots, with each valued at a different amount. Thats the variable that intersects with the skill get a bunch of high value chances, and you are more likely to get enough points to break even or perhaps win money. The animation lets you know what each shot is worth.

Net will be in Tropicana and the three Caesars properties in Atlantic City, and Graboyes said all seven AC casinos likely will be offering video game gambling in the next 30 days. Atlantic Citys months-long monopoly on these games wont last, however, as Foxwoods and Mohegan Sun in Connecticut also will launch these games in March.

Graboyes said he just finished the application process to Nevada regulators, setting up the possibility of Las Vegas casinos joining the party sometime this summer.

While the couple of dozen video game gambling machines are dwarfed by the slot machine inventory, more and more such games are on the way. Look for hidden object games, fighting, racing, space combat, and bubble shooter, Graboyes said.

We are working to appeal to all gamers the average age is 35, and its 50-50 male and female, he added.

Look for big name brands on new games, too think Terminator, Mission Impossible, Ferris Bueller, Paranormal, and so forth.

Finally, Graboyes enthusiastically confirmed that he has the same experience people-watching around these games as I do. He even mentioned a spot where I visited last week the 10 North Lounge at Tropicana in Atlantic City.

Isnt it interesting? asked Graboyes. Its like they just dont know what to do when they approach the games. Theyll almost be afraid to touch it, like the game might bite them. Ive seen people stand by them for 10 minutes, just looking.

Read or Share this story: http://northjersy.news/2mg3rX0

See the rest here:

Here's what's next in video game gambling in AC - NorthJersey.com

JEFFERSON CITY Missouri and Illinois residents soon could have thousands of new slot machines clanging and blinking in their midst.

In Missouri, two lawmakers are pushing plans to legalize video gambling in bars and fraternal organizations as a way to generate money for education.

In Illinois, Sen. James Clayborne, D-Belleville, has introduced a proposal to allow slot machines at the Gateway Motorsports Park in Madison, a car racing track located just minutes from downtown St. Louis.

In both states, the proposals would allow video gambling in establishments where it has previously been prohibited.

In Missouri, the legislation would allow up to five video gambling machines in taverns and restaurants and up to 10 machines in benevolent organizations like the Veterans of Foreign Wars.

The state would then collect a split of the money generated by the machines.

Missouri Rep. Bart Korman, R-Warrenton, is sponsoring one of the measures. He said the revenue could help pad the states checkbook.

When you look at the budget situation we have, I think its something we need to have a conversation about, Korman said.

In particular, hed like to see revenue generated by the slot machines to go toward schools.

The cost of busing is an important issue in rural areas, Korman said. Student transportation has been cut year after year.

A similar proposal sponsored by Missouri Sen. Denny Hoskins, R-Warrensburg, would earmark 35 percent of the receipts generated by video gambling to higher education.

The legislation is similar to a measure approved in Illinois in 2009; it didnt get underway until 2012.

Since then, Illinois has seen an explosion in the number of establishments offering video gambling. In four years, the number of businesses with at least go-karts and off-road vehicles.

Gateway spokeswoman Susan Ryan said the proposal would help diversify the facility's income stream.

"The long-term success of this business requires a diverse revenue base including non-racing entertainment options such as festivals, charity events, private parties, concerts and gaming," Ryan said in a statement.

Clayborne, whose proposal has not been scheduled for a debate, could not immediately be reached for comment. His proposal is separate from a larger gambling proposal that was floated as part of a package designed to end Illinois long-running budget stalemate.

Under that proposal, Illinois would get new casinos in Chicago and its south suburbs, Waukegan, Carterville, Rockford and Danville.

The casino industry in both states is primed to fight the expansion of slots.

The Illinois Casino Gaming Association is opposing Claybornes idea, primarily because it could lure gamblers away from the Casino Queen, located less than five miles away in East St. Louis.

Its just such a big proposal and the Casino Queen is so close by, said association executive director Tom Swoik.

The Missouri Gaming Association, which represents 13 casinos, opposes the expansion of video gambling in Missouri because it also would cut into the casino market, executive director Mike Winter told the Post-Dispatch.

Illinois experience offers evidence that casinos have been affected by the explosion of video gambling.

In December 2007, for example, Illinois fleet of riverboats was drawing 1.3 million visitors. A decade later, that number had dropped to under 950,000 visitors. Receipts also have dropped in the past decade.

Illinois law also has led to a new breed of gambling parlors.

Business owners have launched chains of so-called gambling cafes hoping to draw customers who wouldnt otherwise go to bars. A chain called Lucys Place, for example, was originally designed to attract women over 40. Other similar operations are named Nikkis, Dottys and Pennys.

In Missouri, it remains unclear if Gov. Eric Greitens supports an expansion of gambling. His office did not respond to multiple requests for comment.

Missouri Senate President Pro Tem Ron Richard, R-Joplin, said he opposes gambling revenue as a way to fix the state budget. But he wont block the proposal from coming to the Senate floor for a debate.

Im not a fan of legalizing gambling to plug any hole for anything, Richard said. The Senate is supposed to be for open and fair discussion, so thats what I try to do, regardless of my support or not.

Be informed. Get our free political newsletter featuring local and national updates and analysis.

Originally posted here:

Push to expand gambling underway in Missouri and Illinois - STLtoday.com

William Hill announced a 1% rise in pre-tax profit. The government is reviewing the harm TV gambling advertising may cause. Photograph: Neil Hall/Reuters

The man tipped to lead the UKs second-biggest bookmaker has broken ranks with the industry by offering support for a curb on TV gambling adverts.

Betting companies have largely rejected suggestions that their ads are seen by too many vulnerable people and children, but William Hills finance director said he understood peoples concerns.

I have teenage children and we are sympathetic to some sort of curb or some sort of review around the level of advertising, said Philip Bowcock.

Asked if companies were glamourising gambling, he claimed William Hill was more cautious than some high street rivals.

You could say that we are a little bit more corporate, but we try and be responsible about what we promote, he said.

Bowcock, the interim CEO after the departure of James Henderson last July following successive profit warnings, is among the favourites to be named chief executive, with a decision due within weeks.

His comments on advertising, as the company announced a 1% increase in pre-tax profit to 226m, come as the government reviews the potential harm caused by fixed-odds betting terminals and TV advertising.

The gambling industry has largely been defensive about the impact on children of TV advertising, which is banned before the 9pm watershed, except during sports events. The Remote Gambling Association, which counts William Hill among its members, rejected the need for curbs on the industry last year. And the Association of British Bookmakers has pointed to voluntary measures such as scrapping adverts for free bets before the watershed.

But one industry source said backing restrictions on daytime TV ads may benefit William Hill.

If youve got hundreds of shops with your name in the window, youve got much greater exposure than someone like Sun Bets, who have to do stunts with pies to get their name into the market, said the source, referring to the controversial incident involving the Sutton United reserve goalkeeper Wayne Shaw.

GambleAware recently launched adverts highlighting the risks of addiction. The ads, one addressing fruit machines and one highlighting online gaming, appear on YouTube for internet users in the north-east and north-west of England, but could be rolled out nationally.

The charity wants gambling companies to agree to one of its adverts being broadcast for every 20 of their own.

Read the original:

William Hill's potential next CEO backs curbs on TV gambling adverts - The Guardian

Article Tools

A slots parlor at the Mohegan Sun Pocono casino. State lawmakers and the Wolf administration are poised to extract even more revenue from gambling. (Times-Tribune File)

State government leaders long have gambled with the states financial health. They rolled snake eyes, for example, when they vastly increased public pension benefits in 2001 without a mechanism to pay for it. So there is symmetry in their current efforts to make more gambling the answer to the financial problems that their own wayward bets have produced.

The state government has a systemic deficit of about $3 billion. That is the accumulated effect of lawmakers refusing to modernize state tax policy and pretending at meaningful pension reform all for fear of the political risk.

But for politicians, there is no risk to expanding gambling, taxes on which are collected by third parties casinos, racetracks and lottery agents rather than directly by the state.

Its no wonder, then, that lawmakers already are pondering casino-operated internet gambling and fantasy sports gambling. And, during budget hearings this week, state lottery Director Drew Svitko told legislators that the administration wants to put lottery games online.

What were not talking about is just selling our existing product online ... as much as were talking about selling a new type of product, an interactive, engaging, more relevant product to a different audience, he said.

Unlike many past gambling proposals, this one at least is honest. At the beginning, advocates pressed casino gambling as a means to capture dollars that Pennsylvanians already were losing in Atlantic City. The objective was not to create new gamblers, they said, but to capture existing gamblers.

That, of course, was baloney. The reason for the interest in internet gambling is that even existing gamblers get old. Some even die. To capture new generations of gamblers, the enterprise must venture into cyberspace, where younger people live on their multiple devices. The administration admits, at least, that the new initiative is aimed at a different audience.

Pennsylvania casinos already produce more state revenue than in any state other than Nevada. Gamblers lost $3.21 billion to Pennsylvania casinos in the 2016 calendar year, $1.39 billion of which went to Harrisburg in taxes.

In the 2015-2016 fiscal year, the state lottery sold a record $4.13 billion worth of tickets, paid out a record $2.63 billion in prizes and turned over $1.12 billion to the treasury.

Yet that is not enough for gambling-happy legislators who embrace indirect taxes while ignoring the social dysfunction that it fosters (note the frequent reports of arrests of people who steal from employers and civic groups to cover their legally accrued gambling debts).

Pennsylvania has enough gambling to satisfy old and new gamblers alike. Lawmakers and the administration should stop being croupiers and start working to reform state tax policy, fix the pension systems and foster the economic growth needed to resolve the states crisis.

Continued here:

Gambling is state policy - Scranton Times-Tribune

Sutton goalkeeper Wayne Shaw is at the centre of a betting probe after eating a pie on the substitutes' bench during an FA Cup defeat to Arsenal.

The 46-year-old has admitted he knew Sun Bets were offering 8-1 odds against him doing so.

Both the Gambling Commission and the Football Association are now investigating whether the incident broke any rules.

:: Pie-eating goalkeeper Wayne Shaw resigns from Sutton Utd

Nicknamed the 'Roly Poly Goalie' because of his 20st weight, 46-year-old Wayne Shaw is employed by Sutton as a reserve goalkeeper and as part of the coaching team.

He said: "A few of the lads said to me earlier on, 'What is going on with the 8-1 about eating a pie later on?'

"As I say, Sun Bets had me at 8-1 to eat a pie. I thought I would give them a bit of banter and let's do it. All the subs were on and we were 2-0 down.

"I went and got it at half-time from the kitchen, I had it all prepared and ready to go. It was meat and potato.

"I think there were a few people (who backed it). Obviously we are not allowed to bet. I think a few of the mates and a few of the fans. It was just a bit of banter for them.

"It is something to make the occasion as well and you can look back and say it was part of it and we got our ticket money back."

Gambling Commission enforcement and intelligence director Richard Watson said: "Integrity in sport is not a joke and we have opened an investigation to establish exactly what happened.

"As part of that we'll be looking into any irregularity in the betting market and establishing whether the operator has met its licence requirement to conduct its business with integrity."

The FA is also looking into the incident, saying in a statement that they are "investigating whether there has been a breach of FA regulations in relation to betting".

The FA rulebook says: "A participant shall not bet, either directly or indirectly, or instruct, permit, cause or enable any person to bet on (i) the result, progress, conduct or any other aspect of, or occurrence in, a football match or competition."

Speaking on BBC 5 Live, Sutton chairman Bruce Elliott said: "Wayne is a top man. I didn't know anything about it. He has got himself in the papers again and the fame obviously has gone to his head a little bit, but we will soon bring him back down to earth, don't worry about that."

See more here:

FA and Gambling Commission probe Sutton goalkeeper Wayne Shaw's pie-eating - Sky News

WEST PALM BEACH

A 59-year-old Boynton Beach man was sentenced to two years in prison and ordered to get help for a gambling problem that he claimed led him to embezzle roughly $1.7 million from construction companies where he worked.

Alan Gainsborg was also ordered by U.S. District Judge Kenneth Marra to pay $1.1 million in restitution to MSP Enterprises Inc. and PH Developers LLC, two Boynton Beach development companies owned by Michael Puder. He repaid roughly $560,000 and handed over the deed to his house when his scheme unraveled and he was fired in November 2015, according to court documents.

Gainsborg, who pleaded guilty in December to two charges of mail fraud, was allowed to remain free on bond. He is to turn himself in on April 24.

With the help of a Deerfield Beach man who wasnt charged, federal prosecutors claim Gainsborg sent fake invoices to Puder. When Puder questioned the bills, Gainsborg ran them through two general contractors. Those men, however, didnt know Gainsborg was stealing from Puder and didnt make any money on the scam, prosecutors said.

Gainsborg began working for Puder in July 2013. Puder is a developer of both commercial and residential projects, including the 130-home Waterview at Boynton Lakes, 115-home Montego Bay at Boca Pointe and The Grove, a 550-unit townhouse complex in Boynton Beach.

Continued here:

Boynton man gets two years for embezzlement he blames on gambling - Palm Beach Post