Iowa Hot Lotto Fraudster’s Brother Arrested, New Details of $1.2M Ripoff Emerge
The sibling of Iowa Hot Lotto scammer Eddie Tipton has been charged with ongoing conduct that is criminal thanks to a new forensic breakthrough into the case.
Iowa Hot Lotto fraud situation: Tommy Tipton, sibling of former lottery security director Eddie Tipton, is currently also accused of being part of a unlawful community that claimed at the very least six rigged jackpots in five separate states.
Tommy Tipton, 51, a former justice of the peace and reserve officer from Flatonia, Texas, was arrested for his role in claiming fixed jackpots in Colorado and Oklahoma that allegedly netted him $1.2 million. He reportedly handed himself in to police and has since been released on bail.
His cousin Eddie, the former director of data security at the Multi-State Lottery Corporation, was convicted a year ago of rigging the $16.5 million Iowa Hot Lotto draw in 2010.
At his test, prosecutors argued that he’d installed a self-destructing hack program to ensure the random number generator (RNG) used into the draw on December 29, 2010 picked their figures. He also tampered with surveillance digital cameras so his installation of the software could not be detected.
Eddie Tipton was sentenced to ten years in prison last July, and is now waiting for test on charges linking him to phony jackpots in Colorado, Oklahoma, Kansas, and Wisconsin.
Three-Day-A-Year Pattern
Documents detailing the complaint that is criminal (more…)
Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement
This week’s casino news follows up on an account from the other day in which the Resorts World Catskills ended up being nearing bankruptcy. Fast forward to this week plus they’ve found an answer to their financial woes.
Genting Group Purchases Upstate New York Casino
Last week, it was reported that the Resorts World Catskills was on the brink of bankruptcy. This week, they will have discovered a customer to simply help them move out of financial trouble.
The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two months after the casino’s parent business considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale along with for the staying shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group into the deal.
The Genting Group was already the investor that is largest in this specific casino, owning 86-percent of the shares before they completed their most recent deal. According to reports, the Genting Group bought the remaining shares at about 15-percent significantly more than their current market value. As a result of its purchase that is latest, Genting Group now has a total of 40 gambling enterprises in its portfolio. Year the expectation is that the sale is to be completed at some point before the end of the calendar.
Las Vegas Sands Corp Facing $12 Billion La (more…)