Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

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A Louisiana factory chief proved to be a real-life Santa Claus — giving each of his 540 full-time employees six-figure bonus checks totaling $240 million. The generous gesture came after the benevolent boss sold the company for $1.7 billion. Graham Walker, the now-former CEO of Fibrebond, told The Wall Street Journal that he would not […]


Louisiana challenges illegal sports prediction markets nationwide

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Louisiana is the latest state to take issue with prediction markets introducing sportsbooks. In a press release from the Louisiana Gaming Control Board (LGCB), it now views sporting event contracts and “certain other event contracts” as a violation of state gambling laws. This comes only days after the Washington State Gambling Commission issued a similar […]


Louisiana State Police confirm misconduct case into the Coushatta Tribe casino

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Coushatta Casino Resort is the focus of a financial misconduct and suspected firearms investigation by the Louisiana State Police. The premises have previously been involved in a Federal Bureau of Investigation (FBI) and National Indian Gaming Commission case into Jonathan Cernek, the former chairman of the Coushatta Tribe of Louisiana. Now the gaming division of […]