Richard Taylor, A.K.A. Mr. Casino and Mr. Cool, is going to be cooling off for awhile. A Connecticut jury has convicted the Tennessee man of cheating two casinos out of tens of thousands of dollars. Prosecutors say 43-year-old Richard Taylor of Memphis was the ringleader of a group of gamblers who cheated Foxwoods Resort Casino and the Mohegan Sun casino in a craps scheme. Taylor was convicted Wednesday of larceny, conspiracy, cheating and other charges. Prosecutors called several dealers to testify they allowed late bets at the craps table for Taylor and others. Criminal cases are pending against 11 former casino employees. State police say Taylor and his group were responsible for nearly $70,000 in losses to Foxwoods and Mohegan Sun in 2007. Taylor is facing more than 40 years in prison when he's sentenced July 10.
Now it remains to be seen what happens to all dealers and pit personnel who were indicted in the cheat scam with Taylor. I imagine that in exchange for them ratting him out, they will get leniency in a series of plea bargains. I don't think any of them will do prison time but none of them will work again in the casino industry, at least not in the US.