https://finance-yahoo-com.cdn.amppro...001500153.html
A woman has plead guilty to fraud charges after using her position as the accounts manager at a veterinary hospital to steal around $680,000, which she spent entirely on a mobile gambling game that did not and could not ever pay out with real cash.
As the ABC reports Rachel Naomi Perri, from Tasmania, Australia, appeared in court on Monday facing “25 counts of computer-related fraud and one count of fraud”, over allegations she made 475 “fraudulent transactions” during the three years she was employed at the hospital (2016-2019), stealing a total of AUD$940,221 (USD$680,000).
Those transactions were made to support her addiction to the gambling game Heart of Vegas, which incredibly was not an online gambling portal paying out real cash, but a video game that simulated real slot machines, and paid out its winnings in virtual, in-game currency. Meaning that no matter how much money Perri spent and how much she won, she would never see a cent of actual cash she could withdraw from the game.
Here are Heart of Vegas’ terms, listed on the game’s website and store pages:
The games are intended for an adult audience. The games do not offer “real money gambling” or an opportunity to win real money or prizes. Practice or success at social casino gaming does not imply future success at “real money gambling”.
[Reply]
Originally Posted by Bugeater:
Wait...what? So it takes real money to play the game but only pays out in virtual money?
That's a really good business model.
[Reply]