💰 Episode # 74 Dark Side Craps 28 – Casinos USA

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Casinos Dark Side. by Kristofer Brozio • March 28, Casino, in a common sense, is a luxurious place where crazy people lose their fortunes and lucky ones​.


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Insight: Nevada struggles with dark side of Macau casinos' growth - Reuters
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The cast includes Kate Bosworth, Aaron Yoo, Josh Gad and Lawrence Fishburne as casino security chief Cole Williams, who's monitoring the.


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Dark Side 28 is a Craps Don't Pass Line Strategy that Casinos USA employed successfully during the month of October at the Luxor Hotel and.


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This is the dark underbelly of Macau -- Asia's gambling capital. The only Chinese territory where casinos are permitted, the city has transformed.


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Online casinos are leaving behind a trail of compulsive gamblers. Its addiction can't be compared to that of traditional casino gambling; here's why.


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Casino dark side!

Tracking agent histories is not easy, and some with questionable associations have gotten through the process. Separately, U. In a more recent Hong Kong criminal trial, an informant testified that Cheung was a triad leader and in ordered him to murder a card dealer suspected of cheating at a Sands VIP room in Macau where Cheung had an ownership interest. Though such Asian recruiters are increasingly important to the casinos looking to lure Chinese big spenders, Nevada investigators privately concede that they are having a hard time establishing which of them have criminal connections. Over the decades the Control Board has conducted countless background investigations of casino investors and executives, rarely rejecting any licenses in public. The casinos say all their business partners are approved by Macau or Nevada and that they eschew deals with proven criminals. Registered agents, including junket representatives, can get credit from the casinos and re-lend to their clients, raising the prospect of loan-sharking. The only place in China where gambling is legal, Macau opened its doors to Western casinos nearly a decade ago. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China-controlled Macau, the granddaddy of U. Though Cheung disposed of his stake, he has maintained other connections to Neptune, corporate records in Hong Kong and Macau show. Regulators fear that shadowy backers of the agents simply submit new names with cleaner records, he said. Some control rooms for the VIPs inside the Macau casinos, and many have links to the Chinese criminal gangs known as triads, according to U. Nevada has allowed three people with ties to one Hong Kong junket company - which Hong Kong Stock Exchange documents show was partly financed by an alleged triad leader - to bring gamblers to Las Vegas casinos on commission. Lower-level triad members were convicted in the case, while Cheung was not charged and could not be reached for comment. United States. Joseph Menn. Directory of sites. Burnett likewise said that Nevada would remain crucial. Those people, named in individual Nevada records, include the chairman of the company, Neptune Group Ltd.

Reuters - For Nevada gaming companies grappling with a weak economy and a splintering market at home, the Asian casino boom has been a godsend. Wynn acknowledged using Lin as an agent but declined to comment further. When it does, the Gaming Commission typically supports the decision. Macau requires the junkets to list their directors, but triads have grown adept at disguising their investments, just as the Mafia once did in Las Vegas.

Virtually every time the Control Board has asked aspiring agents for more data, the applicants have simply withdrawn, suggesting a systemic problem, one state investigator told Reuters.

At the heart of both matters are the so-called junket operators, who recruit, transport and offer credit to high rollers, mostly from China.

Sands, Wynn and MGM have already put their Macau operations into distinct subsidiaries, which could eventually be spun off entirely. They declined to speculate on what they harlow 39; s casino winners do in the future beyond saying they want to be everywhere.

Applicants dark side of casinos in an page form with dark side of casinos business and legal histories, and casino sponsors pass them on to the state; no full suitability review is required, as would be the case for key employees at casinos.

Even as Nevada has declined to crimp U. Reporting by Joseph Menn in San Francisco. Nevada approved the venture after ruling that MGM had ultimate control of it.

If all agree, they can bring formal complaints against companies or individuals before the five governor-appointed members of the Gaming Commission, who serve as part-time judges.

Business News. Gaming machines are seen inside a casino on the opening day of Sheraton Macao hotel at Sands Cotai Central in Macau September 20,

The expansion of the junkets prompted the U. A majority of the current Commission members or their firms have worked for casinos in the past, and many Control Board veterans go on to work directly for those they have overseen. In one sign of how important the Asian trade has become, baccarat, long the game of choice in Macau, has displaced its cousin blackjack as the most lucrative Nevada card game. Discover Thomson Reuters. Wynn also has disclosed that it is the subject of an informal Securities and Exchange Commission inquiry into possible Foreign Corrupt Practices Act violations. The U. Revenue from baccarat is now growing 10 times faster than any other form of gambling in Vegas. But it has left the Nevada Gaming Control Board facing difficult questions about how to confront the influence of Asian organized crime, both overseas and inside the state. The laws grant wide discretion to the regulators as to whether or not to act on any particular issue. Sands, Wynn and MGM all plunged in, and soon found themselves in close association with junket operators - middlemen that organize trips to the casinos, largely from Hong Kong and the Chinese mainland.