A Loan Shark for Whale-Gamblers

Casino loves winner because they will keep playing but lose out to house edge in the end. When less well-to-do losses, they will resort to borrowing from the legalized loan sharks. In order not to lose out the casino play financier to the millionaires. The most recent example involving a loan of $6.9 million from the Melbourne's Crown Casino to Zhao Li was reported by the Daily Mail on 12 May 2014.

In another case the Reuters reported the Wynn Macau casino taking up a lawsuit with Li Jun for HK$14 million ($1.81 million) in gambling debts. Since the case could not be taken up in China, the writ was file in Hong Kong.

Gambling with borrowed money is very destructive. With the casino playing banker to these tycoons, they could lose income which they could generate in their entire lifetime. Since the casino is not a licensed money lender, they should be some rules against it.

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Students Gamble Away Their Study Loans

The lure of easy money had caused students to gamble away their loans. I have examined two cases in two separate regions to show that the human greed is universal.

Scholars with grants to study at prestigious universities are the sharpest of the young minds. Yet they had fallen prey to gambling. They walk deeper and deeper without even considering backtracking as a viable option.

Logic breaks down because, gambling is govern by greed. The smarter they are the bigger their ego. This pride will eventually consume the brightest intellect. I have also suggested other reasons that caused such irrational behavior.

In view of the recommend preventive measures being based on the guidelines of the American Psychiatric Association, I looked at reasons that it would be inappropriate in this scenario.

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Borgata versus Phil Ivey

Phil Ivey is facing another blow to his reputation with another lawsuit for edge sorting from the Borgata Hotel Casino & Spa in Atlantic City. The casino sued Ivey $9.8 million for allegedly fraudulent winnings in baccarat during a series of visits to the casino in 2012. The method made use of edge sorting to mark the cards but due to the asymmetric pattern on the back of the cards, there is no need to place any special marking on the cards.

In a similar case the Crockfords, Mayfair withheld Ivey's winning of £7.8millon by accusing him of cheating, see SavySeph's commentary. With this second legal proceedings, most of the online materials are more eager to crucify Ivey. Perhaps these people should look at the Mohegan Sun Casino's case instead of eagerly jumping on Ivey.

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Criminal Activities with a Gambling Backdrop

Being owned by thugs, the casinos were blamed for instigating crime. This thought had undergone a complete turnaround because today most of the crimes were committed against the casino or gambling outlets. Here are six cases on crimes scenes related to gambling that I had covered.

• Cheating the Casino with Edge Sorting
  The awareness of the eye in the sky had not deterred crooks from cheating the casino. A team of four involving two dealers attempted to cheat the casino with edge sorting, but they were caught after weeks of observation.
• Serial Cheaters at Casinos
  Cheating becomes more daring as it moves from casinos to casinos. A team tried to pull off a chip forgery scam by taking advantage of the camera's blind spot. Their suspicious activities were recorded and observation nailed down their plot.
• Violence at Betting Shops
  Sore losers will not hesitate to lash out their anger at the gambling machines. They would return with destructive tools such as hammer or axe to cause greater damage.
• Murdered at the Bookies
  The ferocity had got out of hand and it resulted in the death of a manager of a betting shop's employee. Such viciousness in the casino was unheard of during the thug-protected era.
• Arm Robbery at Betting Shop
  Since the casino is rich, it had attracted armed robbers.
• Cruelty for the Sake of Gambling
  This is unique case in which the crime is not against the casino. It is an account of a woman who neglected here 4-year-old daughter for the sake of gambling.

Now that the casino is a nice legal outfit, people dare to commit crime against the casinos. Facing the law is anytime better than the mobs. Regulatory changes had transformed the casinos into dominant institutions of capital and government.

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Cruelty for the Sake of Gambling

Mother leaves daughter in the car to gamble for 8 hours. The little girl had not taken lunch or dinner when the mother got back thanks to the rescue team.

Whatever good fortune gained from the casino (if any) would be offset by the charges laid against her for leaving a confined and unattended child under the age of 8, neglect of a minor and child abuse.

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Sweetness of the Forbidden Fruit

Gamblers below the age of 21 are now allowed to enter the casino in the state of Ohio if they are escorted by a state-licensed employee. The Horseshoe Casino Cincinnati was the only casino among the other four casinos in Ohio that operates according to this policy. Perhaps the other three operators prefer to stay at the sideline to make further observation.

With Horseshoe Casino Cincinnati implementing the policy, the inquisitiveness and eagerness of minors can now be satisfied. Sneaking in to casinos will no longer be necessary now that minors are allowed to gamble.

The judgment of the legislators is in question because the move is not viable from an economic and social point of view. It is doubtful that this policy will continue or see further abuse as there were a few grey areas.

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Scenarios of the Gambling Addict

This webpage looks at the scenarios surrounding the gambling addicts by looking at the previous articles on the subject.

• Gambling Addicts to Hell
  Gambling addicts have become rejects in society. Family members shunned them. They are driven to hell because of the inability to resist the urge to gamble.
• The Lonely Turns to Gambling
  The rich and lonely should avoid gambling. Soccer stars in the United Kingdom turn to gambling due to loneliness. They had move from the glory of being a hero on the pitch to living off the streets.
• Chinatown Becomes Betting Strip
  Flooding Chinatown in London with betting shops is baiting the dwellers to gamble. The government lends a deaf ear in spite of protests that came their way.
• Murderers and Gambling Addicts
  Gambling addiction had been strong enough to lead to murders. The two cases here will make you think twice when you associate yourself with a gambler.
• Gambling Addicts Sue Casinos
  Gambling addicts had taken up law suits against the casinos to recover their losses but the courts are on the casino's side. Even off the table the casino always wins.
• Medicine for Gambling Addicts
  The medical field bring hopes for gambling addicts each time they make a breakthrough but the wonder drug to pop that will make your gambling urges disappear still awaits discovery.

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