Unpaid Slot Machine Debt

The Casino Royale is still in trouble, having paid off several creditors earlier and gotten their ship back, they seem to have lost is again over unpaid slot machine bills. The owner, Steve Yamashiro, was back in court this week for a claim against him from PDS Gaming Corp, a slot machine distributor. It seems that Yamashiro and his companies own almost $8 million for hundreds of slot machines that they received back in March, but that they have never paid for.

PDS is claiming not only did they not pay the bill for the slot machines, but that the slot machines were supposed to stay on the Ocean Jewel, and Yamashiro moved them illegally to the Casino Royale. They claim that moving the slot machines was a violation of the sale agreement, even though only roughly half of them were moved. Yamashiro bought the Ocean Jewel in bankruptcy court earlier this year.

Federal Marshals have had to seize the vessel twice already for creditors, but Yamashiro got it back after he paid off the creditors that were holding it. The problem is that they had to pay off thousands of dollars in debt, this time they are looking at millions of dollars in debt for unpaid slot machines, which is a pretty big difference. The ship has been stuck in Tampa since April of this year, while the Ocean Jewel is stuck in the Dominican Republic. No word on how Yamashiro is going to get out of this one, but it looks like he is going to have to try and settle somehow with the slot machine company, or he will continue to go nowhere.

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