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Uruguay Codere Casino employee arrested for stealing over $30

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An employee at a casino operated by Codere in Montevideo, Uruguay, was living a double life.While he was getting paid by Casino Carrasco, he was making more money, probably more than $30.

The entrance to Casino Carrasco in Uruguay.A casino employee stole more than $30, and authorities have yet to determine how long his activity lasted. (Image: Flickr)

A police investigation was launched at the casino late Thursday night after an employee reported that $11,000 was missing. According to Montevideo Portal, a routine audit revealed discrepancies and at the time only two people were able to get the cash.

Police have detained two employees, a 33-year-old man and a 48-year-old woman, and launched an investigation.As a result, the woman was ruled out as a suspect, and the candidate for the culprit was narrowed down to one person.

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When questioned, the employee, who said he had worked there for 11 years, admitted to theft.He then began giving details that later led to the seizure of €500 million (US$129,550) and US$20.

The man told police that he hid $11K last Thursday and left it in a place in the casino that only he could access.His plan was that at a later date he would return to collect the money, as he had done many times before.

He later confessed that he kept more gold in his home and elsewhere.He also said he gave money to his arrested partner, a 30-year-old woman.Her police determined that she did not know the source of her money and released her.

The suspect also provided details, including the addresses of six gold storage locations.Police confirmed the location and were able to recover the funds, but believe they may have taken more.

While the police are investigating, the casino is also investigating the incident.A full audit will be conducted to see if more funds have been lost.

The former employee is now facing ongoing embezzlement charges.He remains in jail while the investigation continues.

lose at the front and back

Casino Carrasco is part of Hotel Carrasco, which opened in 1921.Just as casinos are losing money through employee theft through the back door, so are these establishments losing money through the front door.

The casino and hotel have undergone multiple makeovers over the last 100 years in an effort to recapture its former glory.But the effort remains unrewarded. In 2009, the latest phase of the casino began when Carrasco Nobile won a tender for the gaming business.

Things got off to a good start, and once the casino got off to a good start, they started paying the operating rights of US$250 million each year.However, in 2016, it owed the city $130 million.As it has done at least twice in the past, the terms of the contract had to be reworked to avoid closing for financial reasons.

In 2020, with the advent of COVID-19, things got even worse.From the same year to 2021, there was a long suspension of operations for eight months, further worsening the casino's bottom line.

After casinos reopen at the end of 2021, Codere said they are already seeing improvements.Montevideo records show that the casino is still paying the city far less than agreed, again putting its future in question.

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