How a GMM Resorts Lawsuit Could Affect Casinos
MGM Resorts is perhaps best known as one of the largest, most successful resort corporations in the western world. Yet that does not make it immune from legal problems. In recent years, it has been facing mounting legal trouble for its refusal to pay out when owed. That is, it has been found that it has been denying many of its gamblers who win there certain sums that they have won in long ago games at its casinos.
MGM Resorts Lawsuit
The main problem has been the inability of MGM Resorts to find enough money to cover all of its debts. And that has led to a number of suits being filed against it. A suit was brought by a gambler who won a huge amount at a casino there and was owed millions more. His case went to court but was lost. There are also other similar cases.
Most of the resort’s problems, according to people in Las Vegas, have to do with overcharging its customers. A person who gambles at a MGM Resorts casino will lose big if he or she is charged more for a particular bet than the counter offers are legal. But that is not all. Sometimes, gamblers win on non-operated machines inside the casino.
In some situations, slot machines are being wired with winning claims in order to help encourage people to keep playing.
But in some states, gambling is strictly illegal. So a player can lose all of his money just by stepping outside of the house. He or she can lose so much that there is no way to get out of it, even if it turns out that the casino has a few extra dollars lying around.
That is why the resort is often sued by individuals and companies that feel it has not given them their fair share of profits.
This can be particularly difficult for MGM because it operates in almost every state in America. Many legal experts believe that the lawsuit could affect other casinos as well. If the ruling goes against the company, it could mean that they have to close their businesses. Even if the plaintiff wins the lawsuit, that may not necessarily mean that all of their claims will be paid.
Gambling is legal in most states, but not all states allow it.
It is illegal in some areas, but the casino resorts that do allow it needs to abide by the local rules. If they break those rules, they could be forced out of business. A major problem has been that gambling is closely tied to alcohol, which means that if a customer falls asleep in a casino and drinks alcohol before going to the resort, the legal case could touch upon any links between alcohol and gambling.
The legal experts are divided on how the ruling will affect this lawsuit.
Some believe that the plaintiffs’ lawyer was onto something when he or she brought the class-action suit, pointing out that the complaints about not getting enough money were common in this industry. Others believe that there is no proof that such complaints are widespread.
One of the plaintiffs in the lawsuit is the son of a member of a very prominent family. This lawsuit has drawn a lot of attention from various news sources because of its scope. There are many members of Congress who are calling for hearings into the lawsuits. The case could impact the casinos in a negative way, especially if alcohol is involved. If this is proven, then it could make the resorts lose their entire business models, including their source of income.