Latest news with #WinnaVegas
Yahoo
24-04-2025
- Yahoo
WinnaVegas warns of fraudulent online advertisements
SLOAN, Iowa (KCAU) — WinnaVegas Casino Resort is warning of false online advertisements. The casino said it was made aware that the false advertisements claim to offer real-money online gaming to Iowa residents. The casino says the claim is inaccurate, unauthorized, and completely false. WinnaVegas doesn't offer any real-money only slots, table games, or any form of remote wagering. All gaming operations are fully regulated and conducted at its Sloan property. WinnaVegas Casino Resort General Manager Tom Teesdale said that the advertisements suggesting the casino offers real-money online play are entirely fabricated. Midwest Honor Flights receives $2K donation for Mission 26 trip 'We are actively working to have these fraudulent ads removed and are urging our guests to be vigilant and avoid engaging with any links or platforms that claim to represent WinnaVegas in this way,' Teesdale said in a statement. The release said that other tribal casinos are being falsely represented as well, with their names and reputations being exploited. An article from Casino Reports, a gaming industry website, said that Washington tribal casinos were also being impersonated. WinnaVegas says to rely on its website and verified social media for accurate information. 'All authorized gaming activities at WinnaVegas Casino Resort are conducted on-site and under the strict regulatory oversight of the Winnebago Gaming Commission,' the release states. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
07-02-2025
- Business
- Yahoo
Nebraska auditor alleges fraud affecting publicly-funded housing in Cuming County village
The Nebraska State Auditor's Office is located in the State Capitol. (Paul Hammel/Nebraska Examiner) LINCOLN — A Nebraska auditor's probe has uncovered alleged misuse of public money — including at the local WinnaVegas casino — by the manager of a publicly funded eight-apartment complex in Cuming County. During her year as the sole employee of Barber's Sunrise Villa Apartments in Bancroft, Neb., a town of fewer than 500 residents, the manager is alleged to have paid herself more than double her authorized salary, gaining an extra $11,000 over a 14-month period, according to findings released Thursday. The 11-page auditor's report identified the manager as Kayla Logeman. It said she also used the company debit card to make $820 in withdrawals at the casino resort in Sloan, Iowa and made a $27.51 fuel purchase at the nearby Pony Express gas station. The auditing team's report said it confirmed that Logeman's 'gambling activity' coincided with the withdrawals in question, and pointed to state theft laws that might have been violated. The auditors forwarded the findings to the Nebraska State Patrol, Attorney General and Cuming County Attorney for further review. It also sent findings to the USDA, U.S. Internal Revenue Service and Nebraska Department of Revenue. In all, the auditing team said Logeman's alleged improprieties from October 2023 to November 2024 totaled about $14,000. She has been placed on unpaid leave, said the report, which noted that the review was spurred by complaints of possible financial improprieties. Nebraska State Auditor Mike Foley, in a statement, said the manager exercised 'virtually exclusive control' over the corporate bank account and payroll expenses, despite having a board of directors. 'Entrusting the financial operations of an organization to one person alone, with no oversight, is a recipe for disaster,' Foley said. The nonprofit corporation set up to oversee operations of the apartment complex is the Bancroft Betterment Corporation, established in 1992 and governed by a board of directors charged with financial accountability and oversight of the housing operation. If there is anything lower than misappropriating public money meant to provide care for some of the most vulnerable members of our society, I don't know what it could possibly be. – State Auditor Mike Foley In 1993, the corporation received a loan from the U.S. Department of Agriculture's Rural Development Multifamily Housing Program, which aims to provide competitive financing for rental housing for low-income, elderly or disabled persons and their families. The loan, according to the auditing team, has an outstanding balance of about $214,500. Said Foley: 'If there is anything lower than misappropriating public money meant to provide care for some of the most vulnerable members of our society, I don't know what it could possibly be. Unfortunately, that is what very well may have occurred here.' According to the state auditing team, the Bancroft Betterment Corporation receives funding from rental revenue paid by tenants as well as any federal rental assistance for tenants in excess of the amounts owed to USDA Rural Development for the loan. The head of the nonprofit's board declined to comment Thursday to the Nebraska Examiner. But the group responded, in the report, to the auditing team's recommendations. Auditor's Office recommendations to the nonprofit included implementing procedures to prevent one person from being in a position 'both to perpetuate and to conceal financial errors or irregularities.' The board stated in the report that it had made several corrections, including removing all financial access and abilities from employees. It said only the four board members have access to banking privileges. The board also canceled any debit cards associated with its accounts. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
