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The casino had a successful niche following among lower-end gamblers, but the problems of the parent company resulted in bankruptcy filings in the early 2000s. In 2005, new owners closed the resort and casino shortly before Hurricane Katrina destroyed them. The property has been empty since then.
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The FTC sued Raging Bull, and the company agreed to settle. According to the lawsuit, Raging Bull used bogus earnings claims to trick people into paying for investment strategies and recommendations, and then trapped them into hard-to-cancel subscription plans with costly fees.
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In other words, you might have to wait approximately two days to receive your money. Once the casino approves your withdrawal, you might have to wait for an additional 5 – 10 days if you’re using wire transfer as a withdrawal method.
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