‘The Winston’ cocktail, made out of 1858 classic cognac by a celebrity mixologist at the Crown Melbourne, had been element of a bungled publicity stunt that cost the casino more than a drink.
The Crown Casino in Melbourne can be stripped of the Guinness World Record because of strange tale of a cheating Kiwi millionaire, a $32 million casino scam, a narrowly averted PR disaster, and the planet’s most high-priced cocktail that is free.
The saga begins in September 2013, at the Crown Casino’s Club 23, a club co-owned by Crown owner James Packer, popular cricketer that is retired Warne, and former WSOP Main Event champ Joe Hachem.
Australian media and officials from the Guinness Book of reports had gathered to witness high-roller businessman Giang Nguyen imbibe the globe’s most costly cocktail.
‘The Churchill,’ was made with 1858-vintage Croizet Cuvee Leonie cognac, a measure of Chartreuse VEP Vert (a French liqueur that is herbal-infused by monks) and splash of Angostura Bitters, among other ridiculously expensive and significantly odd components. The drink is really so called as they planned the D-Day landings during WWII because it was purportedly the beverage of choice for PM Winston Churchill and President Dwight Eisenhower.
Perhaps Not A cheap Date
The high cost was AU$12,500, roughly US$9,500, hence most of the hullabaloo as well as the guy from Guinness with the clipboard keeping view.
But oddly, as current media made note, Nguyen looked uncomfortable, took one sip, declared it to be ‘good’ and hurried down in to the leaving about $8000-worth of vintage booze unsipped night. The question is excatly why.
Rewind to of 2013 february. Crown announced via press release that New Zealand millionaire James Manning is the man to cough up five figures for its impossibly luxe new cocktail. Manning was indeed lured to Crown with a member of the VIP services staff, the department that is faced with attracting and retaining whales that are high-rolling.
The plan was that Manning would come to Crown, gamble big and lose big, before obliging the casino by firmly taking component in their little publicity stunt. What could possibly go wrong?
What Crown don’t understand was that Manning was a skilled cheat and card counter, and had employed someone on the interior to signal information to him. Using a technique that the casino hasn’t fully elaborated upon, Manning took Crown for $32 million in just eight hands of blackjack.
‘We could not believe what he had won and a few of the bets he placed were very, very dubious,’ a former crown executive told the Sydney Morning Herald. ‘Those eight hands, in specific … he bet contrary to the chances and won, so one of our surveillance guys made a decision to have a better look.’
A closer look revealed that Manning and their accomplice, the guy from the VIP department who had invited him in the place that is first no less, had been in cahoots, running a complex scam to cheat the casino.
Manning was immediately turned away from his space in the center of the night and banned for eternity from the property. Because the vast majority of this money had not yet been paid out, Crown decided to go with not to press fees, but it left the PR department in a bit of the pickle.
‘Having James Manning done for the gambling heist just before the function had not been within the script,’ said a member that is former of’s PR team. ‘the cognac was had by us, we’d the big event arranged, we just didn’t have a customer. We were in a awful bind.’
The truth is, then, that Nguyen was a shill, a buddy of the management, bussed in at the last moment. The promotion stunt had been all for show and also the Crown would reimburse him the complete sum the morning that is next.
Essentially, Nguyen got a drink of the world’s most cocktail that is expensive clear of Crown, and he wasn’t also a high model or Mariah Carey.
Macau Revenues Down Again, But Some See Signs Of Hope
Macau’s gaming industry continues to struggle, though analysts see some indications of a recovery. (Image: Ed Jones/AFP/Getty Pictures)
Macau’s gaming revenues are continuing their seemingly endless tumble, falling again in June to help make it 13 straight months of decline for the enclave that is chinese.
However, not all associated with the news coming out of Macau had been harmful to the gambling enterprises, suggesting that whilst the current trends are painful, there could be hope on the horizon that things could enhance in the future that is not-too-distant.
First, though, there’s the news that is bad.
Macau’s Gaming Inspection and Coordination Bureau reported that casinos within the territory took in less than $2.2 billion in gaming revenue in June, down 36 percent when compared with the same period a year earlier.
That is the lowest figure for Macau since November 2010.
Overall, annual gaming revenues are down about 37 percent in 2015 compared to the first half a year of final 12 months.
Incremental Improvement Provides Some Hope
Nevertheless, the June figures were slightly better than the projections of some analysts.
‘Although a 36 percent year-over-year decline is far from healthy, we find it encouraging the theme of modest sequential comparison improvement remains on trend,’ said gaming analyst Steven Wieczynski of Stifel Nicolaus Capital Markets.
In other terms, the actual fact that things have been slightly less terrible for Macau recently is a step within the right direction. There are also indications that revenues could start to tick back up this summer, too.
Gaming revenues were actually up over the last nine days of the month, which may be related to the start of the summer tourism period.
If those increases continue into July, the annual numbers could start to look far better for Macau, especially because the last month or two of 2014 were particularly brutal for the casinos there.
Relaxed Visitation Rules Could Encourage More Tourism
In addition, the Chinese government finally is apparently stepping in to help Macau a bit. As of Wednesday, visitation rules have actually been relaxed, and mainland residents that are chinese now go to Macau twice each month instead than twice per every 60 day period. The maximum length of any one stay has also increased from five times to seven.
That choice caused casino that is many to surge this week. Four of five casino stocks placed in Hong Kong saw their biggest gains within the past four years, including MGM Asia, Wynn Macau, and Sands China.
Whether or not the particular effect of this decision is relatively tiny, it may signal an improvement in policy from the mainland government that is chinese which hurt Macau’s gaming industry significantly with its anti-corruption policies that cut much of the cash movement to the territory.
Analysts anticipate more supportive measures from China later on in 2015, and even if none among these modifications are dramatic, they might have positive effect that is cumulative.
But not all the news taken from Macau is good. The Macau federal government is introducing a full smoking ban in its legislature this week. That bill is likely to be passed later this year, and might be implemented as soon as very early year that is next.
In line with the impact that a ban on smoking in mass market casino areas had, analysts believe that this ban that is new which may expand to more private gaming areas, could similarly harm spending by high rollers, with some predicting a 10 to 15 percent reduction in profits because regarding the smoking cigarettes prohibition.
Tennis Match Fixing Issues Continue Steadily To Make Headlines
Few would accuse anyone of match fixing at Wimbledon, but numerous say that the practice is widespread among lower-ranked players at smaller activities. (Image: Wikipedia)
Tennis was faced with accusations of match fixing for years: from the match that is infamous Nikolay Davydenko and Martin Vassallo Arguello in 2007 that first introduced much of the general public to questions about the integrity of matches in some smaller tournaments to suspensions levied against two players earlier in the day this year, there always seems to be something lurking beneath the activity’s surface.
Those concerns were aired again this in a story by The Daily Beast, which once again attempted to delve through the information out there about tennis and figure out just how much of a problem match fixing is for the sport week.
One 2014 study cited in that story estimated that one percent of all first-round tournament matches could be fixed, which would mean significantly more than 20 matches a year were influenced by gamblers; other quotes and guesses have recommended that multiple matches per week might be fixed, though that’s nevertheless a very small portion of all professional tennis matches.
Low Pay Leads to Temptation for Lower-Ranked Players
What makes tennis so vulnerable to match repairing?
There are a variety of facets, a lot of that really help explain why the situation appears most prominent at the reduced degrees of the ranks that are professional.
First, there’s the most obvious fact that tennis ( at least in singles play) is a individual sport.
There is only anyone that needs to be bribed in order to obtain them to throw a match (the exact same issue that leads numerous to worry widespread integrity issues in boxing as well as other combat activities), and there are no teammates or substitutes to pick up the slack for the player who is struggling.
That stated, no one is accusing Roger Federer and Rafael Nadal of repairing matches at Wimbledon.
For one, there’s the fact these matches have an intense quantity of scrutiny if it could be done at all on them; perhaps even more importantly, though, star tennis players are extremely well compensated, meaning it would cost anyone attempting to fix a match at that level an exorbitant amount of money.
That is perhaps not to say that nobody tries. Even Novak Djokovic has told a tale to be provided $100,000 to correct a match back in 2006.
But players on the Challenger Tour or other low-ranked rivals aren’t making nearly that much money, and may also even lose cash in a provided tournament after travel and coaching expenses are considered.
That means they are prime targets for gamblers looking to fix a match.
Spot Betting Allows Fixing Without Impacting Match Outcome
Another issue is the fact that gamblers do not have even to correct a match that is entire find ways to profit.
Because many gambling sites and bookmakers offer betting on sets or games that are even individual players can reach agreements allowing certain events to occur at the proper times to satisfy gamblers while still playing to win overall.
‘One particular typical fix would be to separate the first two sets to a predetermined script, then have fun with the third set fairly to ascertain which player progresses,’ sports modeler Ian Dorward told Slate earlier this year.
The Tennis Integrity Unit is the physical body tasked with rooting out such issues, and they will have often made playpokiesfree.com examples of players. Each received six-month suspensions and fines for violations of anti-corruption rules, though not for match-fixing in March, Elie Rousset and Walkter Trusendi.
But no real matter what the Integrity Unit does, it is unlikely to alter the culture that permits lower-ranked players to be incentivized to aid gamblers who would like to make bets that are sure.
That would need a complete change in how compensation works up and down the many levels of expert tennis, something that probably won’t happen any time soon.