Know your limit, sue within it

What next, huh? … 6-sun.html

HAMILTON – A woman who embezzled more than $7 million from her former employer to feed a gambling addiction has launched a $10-million lawsuit against the province and two Niagara casinos.

Christine Papakyriakou, 52, pleaded guilty to fraud over $5,000 on April 9 in St. Catharines, Ont., court.

Much of the money stolen from Grimsby, Ont.-based Andres Wines, now known as Andrew Peller Ltd., went to cover Papakyriakou’s massive gambling debt, which skyrocketed to between $5 million and $10 million by 2007.

Papakyriakou’s civil lawsuit, which contains allegations not proven in court, alleges that Casino Niagara, Niagara Fallsview Casino Resort and the Ontario Lottery and Gaming Corporation are responsible for turning her into a pathological gambler.


Wasn’t there someone in government service who sued and won after he gambled away government money?

The whole article is here.  I picked out some highlights.

Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.

The United States International Gambling Report series says casinos siphon money away from economies struggling to rebound, and saddle taxpayers with hefty, ongoing costs to battle crime and other social problems that gambling spawns.

A sweeping ban would put money lost to gambling back into the traditional consumer economy, where an economic “multiplier effect” triples its impact.

Despite job-creation claims by the gambling industry, 90 percent of gambling revenue goes into slot machines, which create no new employment.

Kindt says the findings show that the U.S. and other countries should finally heed calls that have sounded for more than a decade to outlaw gambling, which would prime the global economic pump by diverting wasted spending.