‘The Winston’ cocktail, created using 1858 vintage cognac by a celebrity mixologist at the Crown Melbourne, was section of a bungled publicity stunt that cost the casino more than a drink.
The Crown Casino in Melbourne might be stripped of a Guinness World Record due to a strange story of a cheating Kiwi millionaire, a $32 million casino scam, a narrowly averted PR tragedy, 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, famous retired cricketer Shane Warne, and previous 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 world’s many cocktail that is expensive.
‘The Churchill,’ was made with 1858-vintage Croizet Cuvee Leonie cognac, a way of measuring Chartreuse VEP Vert (a French liqueur that is herbal-infused by monks) and splash of Angostura Bitters, among other ridiculously expensive and notably odd ingredients. The drink is so known as 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.
Maybe Not A cheap Date
The price tag was AU$12,500, approximately US$9,500, hence most of the hullabaloo and the guy from Guinness utilizing the clipboard watch that is keeping.
But oddly, as current media made note, Nguyen looked uncomfortable, took one sip, declared that it is ‘good’ and hurried off in to the evening, leaving about $8000-worth of vintage booze unsipped. The question is why.
Rewind to of 2013 february. Crown announced via press release that New Zealand millionaire James Manning is the guy to cough up five figures for its impossibly luxe new cocktail. Manning had been lured to Crown by way of a member of the VIP services staff, the department that is faced with attracting and keeping 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. Just What could possibly make a mistake?
What Crown don’t know was that Manning was a cheat that is skilled card counter, and had employed some body on the within to signal information to him. Using a technique that the casino has not 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 number of the bets he placed were very, very dubious,’ a previous crown executive told the Sydney Morning Herald. ‘Those eight hands, in specific … he bet contrary to the odds and won, so one of our surveillance guys chose to have a better look.’
A better look revealed that Manning and his accomplice, playpokiesfree.com the guy from the VIP department who had invited him in the place that is first no less, were in cahoots, running a complex scam to cheat the casino.
Manning was immediately turned out of his room in the center of the night and barred for eternity from the property. Since the vast majority for the money had not yet been settled, Crown decided not to press fees, but it left the PR department in a bit of a pickle.
‘Having James Manning done for the gambling heist just before the big event had not been in the script,’ said a member that is former of’s PR team. ‘We had the cognac, we’d the event organized, we just didn’t have a buyer. We had been in an awful bind.’
The the fact is, then, that Nguyen had been a shill, a buddy of the management, bussed in at the minute that is last. The publicity stunt had been all for show as well as the Crown would reimburse him the complete sum the next morning.
Essentially, Nguyen got a sip of the world’s most expensive cocktail for free from Crown, and he wasn’t even 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 signs of the recovery. (Image: Ed Jones/AFP/Getty Pictures)
Macau’s gaming revenues are continuing their seemingly endless tumble, falling again in June to create it 13 straight months of decrease for the enclave that is chinese.
However, not all for the news being released of Macau was bad for the gambling enterprises, suggesting that while the present trends are painful, there might be hope on the horizon that things could enhance in the future that is not-too-distant.
First, however, there’s the news that is bad.
Macau’s Gaming Inspection and Coordination Bureau reported that gambling enterprises into 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’s the figure that is lowest for Macau since November 2010.
Overall, annual gaming revenues are down about 37 percent in 2015 set alongside the first half a year of last year.
Incremental Improvement Provides Some Hope
Still, the June figures were somewhat much better than the projections of some analysts.
‘Although a 36 per cent year-over-year decline is definately not healthy, we find it encouraging the theme of modest comparison that is sequential remains on trend,’ said gaming analyst Steven Wieczynski of Stifel Nicolaus Capital Markets.
The fact that things have been slightly less terrible for Macau recently is a step in the right direction in other words. There are other indications that revenues could start to tick back up this summer, too.
Gaming revenues were actually up over the past nine days for the which could be related to the start of the summer tourism season month.
If those increases continue into July, the yearly figures could begin looking much better for Macau, especially because the last month or two of 2014 were especially brutal for the casinos there.
Relaxed Visitation Rules Could Encourage More Tourism
In addition, the Chinese government finally appears to be stepping in to help Macau a bit. As of Wednesday, visitation rules have actually been calm, and mainland residents that are chinese now visit Macau twice each month rather than twice per every 60 day period. The length that is maximum of one stay has also increased from five days to seven.
That decision caused casino that is many to surge this week. Four of five casino stocks listed in Hong Kong saw their biggest gains in the previous four years, including MGM Asia, Wynn Macau, and Sands China.
Regardless if the particular effect with this choice is relatively little, it might probably signal an improvement in policy from the mainland Chinese government, which hurt Macau’s gaming industry significantly with its anti-corruption policies that cut much of this cash movement to the territory.
Analysts anticipate more supportive measures from China later on in 2015, and even when none among these changes are dramatic, they could have a positive cumulative effect.
Although not most of the news taken from Macau is good. The Macau government is launching a smoking that is full in its legislature this week. That bill is probably be passed later on this year, and might be implemented when early next year.
Based on the impact that a ban on smoking in mass market casino areas had, analysts believe that this ban that is new which would expand to more private gaming areas, could similarly damage spending by high rollers, with some predicting a 10 to 15 percent reduction in revenues because for the smoking prohibition.
Tennis Match Fixing Problems Continue To Make Headlines
Few would accuse anyone of match fixing at Wimbledon, but numerous state that the practice is widespread among lower-ranked players at smaller occasions. (Image: Wikipedia)
Tennis was faced with accusations of match fixing for years: from the infamous match between Nikolay Davydenko and Martin Vassallo Arguello in 2007 that first introduced much of people to questions concerning the integrity of matches in a few smaller tournaments to suspensions levied against two players previously this year, there always is apparently something lurking beneath the game’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 will mean more than 20 matches a year were influenced by gamblers; other quotes and guesses have recommended that multiple matches each week might be fixed, though that’s still an extremely tiny percentage of all of the professional tennis matches.
Low Pay Leads to Temptation for Lower-Ranked Players
What makes tennis so vulnerable to complement repairing?
There are a combination of factors, many of which help explain why the problem seems most prominent at the lower degrees of the expert ranks.
First, there’s the most obvious fact that tennis ( at the least in singles play) is a specific sport.
There is just one person that needs to be bribed so as to obtain them to throw a match (similar issue that leads many to fear extensive integrity problems in boxing as well as other combat activities), and there are no teammates or substitutes to choose up the slack for a player who is struggling.
That said, no one is accusing Roger Federer and Rafael Nadal of fixing matches at Wimbledon.
For one, there’s the truth that these matches have an intense number 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 of being provided $100,000 to fix a match back in 2006.
But players in the Challenger Tour or other low-ranked competitors aren’t making nearly that much money, and might also lose cash in a provided tournament after travel and coaching expenses are taken into consideration.
That makes them prime goals for gamblers looking to fix a match.
Spot Betting Allows Fixing Without Impacting Match Result
Another problem is the fact gamblers don’t even have to repair an entire match to find ways to profit.
Because many gambling sites and bookmakers provide betting on sets or games that are even individual players can achieve agreements to allow certain events to take place at the best times to meet gamblers while still playing to win overall.
‘One particular fix that is common be to split the first couple of sets to a predetermined script, then play the third set fairly to determine which player advances,’ 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 have sometimes made 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 matter what the Integrity Unit does, it is not likely to change the culture that allows lower-ranked players become incentivized to aid gamblers who would like to make yes bets.
That would demand a complete change in exactly how compensation works up and down the different degrees of professional tennis, something which most likely won’t happen any time soon.