A former casino manager in Illinois says his company was targeted for nearly a decade by the gaming industry as it grew into a global financial services powerhouse.
Michael C. Dach, who was a vice president of operations at the Taj Mahal casino and casino resort in Las Vegas, said his company had about $4 billion in revenues last year and had been in the black ever since the financial crisis hit.
“There was a lot of predatory behavior,” Dach told Bloomberg TV.
“People have to make decisions, and I was a very loyal employee to the company.” “
Dach has been a victim himself of the industry’s greed and disregard for rules. “
People have to make decisions, and I was a very loyal employee to the company.”
Dach has been a victim himself of the industry’s greed and disregard for rules.
Last year, he sued a New Jersey casino and a gaming affiliate in the United Kingdom over allegations of unfair competition, alleging that the casino operators conspired to reduce his own earnings by using him as a pawn to secure favorable regulatory rulings.
The casinos denied the allegations, which have since been dropped.
Dac said he was forced to cut his salary to $300,000, including severance payments, because the casinos didn’t like the way he handled the casino’s legal and regulatory matters.
Duchans attorneys declined to comment.