NTEK / NTGL
April 1st, 2016 at 9:15:08 AM
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They were both created as vehicles to sell stock, the "products" have always been secondary. In fact the first few years of NTEK was all about a set-top-box that never even existed.
April 1st, 2016 at 9:56:23 AM
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My read on Ahigh is that he absolutely believes in his product and fully intended to bring it to market. I can't speak for the companies, but he is not a scammer about his intentions and work for them.
If the House lost every hand, they wouldn't deal the game.
April 1st, 2016 at 10:06:10 AM
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So ignore my id. I guess I won't miss you either. Love your name ... soo-poo...lol describes ntgl and ntek to a smelly t.
When almost 90% of all information about a company is disseminated to internet stock tout websites and never any information from their 'partners' about said company directly or supporting said company, then you are left with a shell who tells stories.
Simple as that. Calling a scam company an investment when it's actually a bad gamble is your own business. And your loss.
NG has never closed on a single promise in it's entire history. Ntek has lied from the get go about everything, including my dividends and who really owns ntgl.
What's not to like?
When almost 90% of all information about a company is disseminated to internet stock tout websites and never any information from their 'partners' about said company directly or supporting said company, then you are left with a shell who tells stories.
Simple as that. Calling a scam company an investment when it's actually a bad gamble is your own business. And your loss.
NG has never closed on a single promise in it's entire history. Ntek has lied from the get go about everything, including my dividends and who really owns ntgl.
What's not to like?
April 1st, 2016 at 10:12:44 AM
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Why not? But everything known about ahigh is from his own bio's that he writes. ahigh didn't bring anything to market because he knows it's not marketable to casinos.
So he sells the 'concept' to penny stock gamblers because it's easier than trying to get a product to a real market.
The more I read this board and other websites history of ntek and ntgl, the more I kick myself in the ass for not bothering to look at the fundamentals of the companies themselves. Never again.
So he sells the 'concept' to penny stock gamblers because it's easier than trying to get a product to a real market.
The more I read this board and other websites history of ntek and ntgl, the more I kick myself in the ass for not bothering to look at the fundamentals of the companies themselves. Never again.
April 1st, 2016 at 10:15:06 AM
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Still figuring out how to post to this forum... when I click reply to a member, your post isn't aligned with who you answered..do I have to quote everything so people know who I'm replying too?
April 1st, 2016 at 10:16:27 AM
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I don't actually think Ahigh had anything to do with the stock stuff. From what I can tell, he was too busy actually making the pinball and maze games and getting set up at G2E last year. There may be a lot of valid criticisms to level at NGTL but "vaporware" isn't one of them. That said, just having a product ready to sell isn't the same thing as actually selling a product. Every table game inventor knows that. :)
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563
April 1st, 2016 at 10:17:00 AM
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Yes; this is not a threaded discussion forum.Quote: sammydvStill figuring out how to post to this forum... when I click reply to a member, your post isn't aligned with who you answered..do I have to quote everything so people know who I'm replying too?
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563
April 1st, 2016 at 10:18:37 AM
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Quote: beachbumbabsMy read on Ahigh is that he absolutely believes in his product and fully intended to bring it to market. I can't speak for the companies, but he is not a scammer about his intentions and work for them.
I agree that he had nothing to do with the scam, if that is part of what these companies are. And they will just maybe. But he was way in over his head with no experience in the areas that he needed it to bring a viable game to the market.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
April 1st, 2016 at 10:27:30 AM
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Thanks.
April 1st, 2016 at 10:27:45 AM
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So here is an interesting disclosure NTEK just posted related to a transaction with David Foley on December 31, 2013.
http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=152251
NTEK closed at $0.1309 on December 31, 2013.
Foley gave himself 52,500,000 shares in exchange for $52,500 of accrued salary.
Let's see. 52,500,000 times .1309 is $6,872,250.
Not a bad trade.....for Felon Foley.
For the other shareholders?
No wonder they didn't disclose it until over 2 years later.
http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=152251
NTEK closed at $0.1309 on December 31, 2013.
Foley gave himself 52,500,000 shares in exchange for $52,500 of accrued salary.
Let's see. 52,500,000 times .1309 is $6,872,250.
Not a bad trade.....for Felon Foley.
For the other shareholders?
No wonder they didn't disclose it until over 2 years later.
April 1st, 2016 at 11:17:16 AM
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I always hoped the two of you could have gotten together and both got rich. He just couldn't accept that someone else was able to see something he did not. It was painful to watch. He actually has a great big heart. A bit brash perhaps. : )Quote: Zcore13I agree that he had nothing to do with the scam, if that is part of what these companies are. And they will just maybe. But he was way in over his head with no experience in the areas that he needed it to bring a viable game to the market.
ZCore13
The man is gifted, but pig headed, prideful and arrogant. But dishonest he is not. I thought he was visionary in building the totally electronic pinball game, but couldn't accept that maybe the market for it wasn't in the hi-dollar room initially.
Obviously several members wished him well, even with his short comings. He is not a scammer, if anything, he was taken advantage of by a flim flam man. A tuna in a shark tank.
I hope he can get back to craps. I think as far as the board goes, Ahigh did the most for promoting craps play, as anyone on the wov.
April 1st, 2016 at 11:19:34 AM
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It's obvious to me Ahigh believed in his projects and himself, perhaps to much. Unfortunately that was a problem, because it seems there were far to many hurdles to overcome. I think he felt his games were good enough to overcome any problems.
Had Ahigh been working for a bigger company that was fully licensed, I have no doubt we would be seeing some version of his games on the floor at casinos at some point.
The games were amazing and fun.
Had Ahigh been working for a bigger company that was fully licensed, I have no doubt we would be seeing some version of his games on the floor at casinos at some point.
The games were amazing and fun.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 1st, 2016 at 11:29:37 AM
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You can be brilliant and smart and create great products but if you can't monetize it then all you have is a passion and an expensive hobby.
See bubble, internet. Plenty of companies out there who were big but went broke because they couldn't find a way to monetize their services or products.
No denying that Aaron is very smart. The problem was with monetizing his products.
See bubble, internet. Plenty of companies out there who were big but went broke because they couldn't find a way to monetize their services or products.
No denying that Aaron is very smart. The problem was with monetizing his products.
-----
You want the truth! You can't handle the truth!
April 1st, 2016 at 11:41:06 AM
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That is also true of AP.
There's guys out there who are great at mathematics, some even write about all kinds of AP methods and plays.
However they make little or no money from AP.
There's guys out there who are great at mathematics, some even write about all kinds of AP methods and plays.
However they make little or no money from AP.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 1st, 2016 at 11:41:42 AM
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JC Penny wrote, "Never trust a man who hasn't went broke at least one time". Kudos for trying. I had a few business's, and eventually went under. I did gain some experiences that are still with me. One, was the ability to try and look at something from someone else's viewpoint. And another, "sometimes your only friend in business is your competitor", he is the only one who understands what you are going through.
I for one also admire that Zcore, had genuinely offered to help, with all the specific experience and knowledge he has in the industry. . Even after some conflict. I would have listened to that offer, in a second.
I for one also admire that Zcore, had genuinely offered to help, with all the specific experience and knowledge he has in the industry. . Even after some conflict. I would have listened to that offer, in a second.
April 1st, 2016 at 1:17:33 PM
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Quote: petroglyph
I for one also admire that Zcore, had genuinely offered to help, with all the specific experience and knowledge he has in the industry. . Even after some conflict. I would have listened to that offer, in a second.
I have been very critical of the way he treats craps dealers and other players. Also very critical of some of his early dice influence claims. And critical of his ideas of what will fly with regards to a machine being put in high limit rooms and/or needing a full time attendant.
Nonetheless, table games and slots are my profession. I don't wish for anyone to fail if they are giving an honest effort and are not stepping on others unjustly to succeed. I tried to help him. I gave him a lot of advice based on the reality of what really goes through the minds of those that he would be selling to. I told him $100 minimum bets would not work. I gave him info on bill acceptors so a person would not have to man the machines. I told him he desperately needed someone with table games or slot management experience on his staff or at minimum consulting. I even told him he needs to slow down on the craps play and research if he wants to stay married.
Mind you, some of this help was given after he called my work HR Director and complained that I was mean to him on this site. It was laughable so I let that slide.
Everything I said was true and most of what I said has come out just as I said it would if he didn't change his focus or actions. I feel bad for him. No job, no wife, I'm sure lost a lot of money in NTGL stock. I'm pretty sure he said he invested 6 figures. I may be off on that though. I hope he finds a new job quick and can turn his life around with some personal changes.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
April 1st, 2016 at 3:21:15 PM
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Quote: sammydvStill figuring out how to post to this forum... when I click reply to a member, your post isn't aligned with who you answered..do I have to quote everything so people know who I'm replying too?
The "reply" button on this website doesn't do anything other than post a new reply in the thread. It does show the post to which you are ostensibly "replying" while you are typing your text, but there is no link to it once you click post.
If you want to be clear, you have to click "quote."
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
April 1st, 2016 at 3:25:20 PM
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Quote: Zcore13Mind you, some of this help was given after he called my work HR Director and complained that I was mean to him on this site. It was laughable so I let that slide.
Haaaa. That is classic Ahigh.
I didn't know he was having marital difficulties though. That sucks.
Also the way he got caught up in speculating on gold bullion was eye-opening to me.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
April 1st, 2016 at 3:35:56 PM
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I don't know about gold bullion, but I have a stock certificate around somewhere for 3 million shares of CMKM diamonds:Quote: AcesAndEightsAlso the way he got caught up in speculating on gold bullion was eye-opening to me.
http://www.reviewjournal.com/business/cmkm-diamond-fraud-case-yields-55-million-judgment
http://www.reviewjournal.com/news/fugitive-defendant-70-million-diamond-mine-stock-scam-case-dies
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563
April 1st, 2016 at 4:32:36 PM
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Quote: AxelWolf
The games were amazing and fun.
And you played them as well? ahigh himself pulled one last year when it supposedly burned up.
That isn't too confidence building is it.
April 1st, 2016 at 4:38:18 PM
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Quote: Zcore13I Nonetheless, table games and slots are my profession.
ZCore13
As in professional gambler or professional designer/builder?
I don't know which.
April 1st, 2016 at 4:45:51 PM
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I'm sorry Z, but ahigh goes way back with david foley and ultracade litigation. That's why I'm convinced ahigh is as culpable as david foley in their dealings. No one can live in a bubble, considering ahigh was getting paid way back then and took stock around the same times. ahigh absolutely knew about the scams, he probably hoped he wouldn't get caught and act oblivious.Quote: Zcore13I agree that he had nothing to do with the scam, if that is part of what these companies are. And they will just maybe. But he was way in over his head with no experience in the areas that he needed it to bring a viable game to the market.
ZCore13
UltraPin / IPD No. 5230 / December 18, 2006 / 4 Players
Notes: Manufactured under license from Williams Electronic Games, Inc.
Producer/ Designer = Brian Matthews
Software Engineer = Jason Powell
Software Engineer = Rolle Cruz
Software Engineer = Aaron Hightower
Artist = Mike McMahon
Artist = Chris Hinton
Original Idea = David Foley
http://www.ipdb.org/machine.cgi?gid=5230
April 1st, 2016 at 4:48:30 PM
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Quote: MathExtremistI don't know about gold bullion, but I have a stock certificate around somewhere for 3 million shares of CMKM diamonds:
http://www.reviewjournal.com/business/cmkm-diamond-fraud-case-yields-55-million-judgment
http://www.reviewjournal.com/news/fugitive-defendant-70-million-diamond-mine-stock-scam-case-dies
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
Did you happen to notice the name of the author/reporter of this article!?!? (The first review journal article...)
Interesting coincidence? Ha
.
April 1st, 2016 at 5:18:40 PM
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If you read back I posted about it.Quote: sammydvAnd you played them as well? ahigh himself pulled one last year when it supposedly burned up.
That isn't too confidence building is it.
I Actually played the pinball when they showed it the first time at GE. It was a blast, no doubt the best casino game concept I have seen or played. I would play it occasionally @ -EV just for fun. I would probably find a way to make side bets. (No problems with the pinball then)
After 1 or maybe 2 practice games I bet Ahigh I could beat him. I can't remember the amount $20 or $50
It wasn't even close, I beat him 2 times easily. I offered 2 to 1 for $100(IIRC) to anyone on their team but they declined.
He seemed to be angry about it fora while, he was definitely irritated at the time. Since then we played some craps and stuff. He's a good guy, he's just little different from most others. I can usually get along with most people no matter how different they are.
I'm rooting for him to do well and I'm sure he's doing just fine.
He's done some impressive stuff. Probably a lot more than his haters. The company may have not done well, but his game and system was definitely impressive if you think about it. The banking system technology can be applied to just about any skill game. The fact that people could actually gain an advantage with skill and the house couldn't be beat. Not to mention NO SKILL was needed to play at a fair payback.
My only criticism was that they called it advantage play an lead with that. They shouldn't have focused on that aspect.
He just wasn't with the right company IMO.
I'm curious what will happen with his games? It will be a crying shame if they never see the light of day.
PS. I'm not sure if he was used or not by this Foley guy. Only he knows the answer to that, or maybe he doesn't know.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 1st, 2016 at 5:55:56 PM
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Quote: petroglyph
I for one also admire that Zcore, had genuinely offered to help, with all the specific experience and knowledge he has in the industry. . Even after some conflict. I would have listened to that offer, in a second.
Not Ahigh. He takes every suggestion
personally, like you're trying to insult
his intelligence by saying he's not smart
enough to figure it out without help.
These kind of people are generally their
own worst enemy.
"It's not called gambling if the math is on your side."
April 1st, 2016 at 7:08:35 PM
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I have had horses, and I have been kicked. Now I know not to walk behind them. He will figure it out.Quote: EvenBobNot Ahigh. He takes every suggestion
personally, like you're trying to insult
his intelligence by saying he's not smart
enough to figure it out without help.
We all are, we are the only ones with that power.Quote:These kind of people are generally their
own worst enemy.
April 2nd, 2016 at 1:10:47 AM
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Quote: petroglyphI have had horses, and I have been kicked. Now I know not to walk behind them. He will figure it out.
.
The eternal optimist..
"It's not called gambling if the math is on your side."
April 2nd, 2016 at 1:17:19 AM
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The eternal pessimists..Quote: EvenBobThe eternal optimist..
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 2nd, 2016 at 8:51:42 AM
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Quote: sammydvAnd you played them as well? ahigh himself pulled one last year when it supposedly burned up.
That isn't too confidence building is it.
A lot of people on this site played his games.
At my age, a "Life In Prison" sentence is not much of a deterrent.
April 2nd, 2016 at 3:04:06 PM
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On LinkedIn a women just linked an article regarding how to attract millennials to gaming. One of the three listed items was to introduce skill based games.
Attached to this article she states "nanotech gaming has been leading the pack on skill based games" then links to the company's three Facebook pages and the company website.
This was from a few days ago, dated March 28th. Interesting correlation to the jump in stock value that week.
I thought some of you might find this interesting.
Edit: the women who posted the link is the director of business development at nanotech. This confuses me with the previous comments regarding the lack of employees at the company...
Attached to this article she states "nanotech gaming has been leading the pack on skill based games" then links to the company's three Facebook pages and the company website.
This was from a few days ago, dated March 28th. Interesting correlation to the jump in stock value that week.
I thought some of you might find this interesting.
Edit: the women who posted the link is the director of business development at nanotech. This confuses me with the previous comments regarding the lack of employees at the company...
Last edited by: mrsuit31 on Apr 2, 2016
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April 2nd, 2016 at 4:27:49 PM
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Well their stock is still active, so they are still obviously looking for people to invest. Just part of the scam probably.
ZCore13
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
April 2nd, 2016 at 4:36:42 PM
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Quote: mrsuit31On LinkedIn a women just linked an article regarding how to attract millennials to gaming. One of the three listed items was to introduce skill based games.
Attached to this article she states "nanotech gaming has been leading the pack on skill based games" then links to the company's three Facebook pages and the company website.
This was from a few days ago, dated March 28th. Interesting correlation to the jump in stock value that week.
I thought some of you might find this interesting.
Edit: the women who posted the link is the director of business development at nanotech. This confuses me with the previous comments regarding the lack of employees at the company...
Before getting the big promotion to Director of Business Development (a couple of days ago she was Director of Marketing) she was ahigh's executive assistant/Girl Friday.
Business development now probably consists of checking the answering machine a couple of times a day to see if Omnivance Advisors is calling to see if there is anything more they can spin to keep the stock PPS from cratering.
April 2nd, 2016 at 10:02:55 PM
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Quote: mrsuit31
Edit: the women who posted the link is the director of business development at nanotech. This confuses me with the previous comments regarding the lack of employees at the company...
Linkedin isn't considered a dependable source of verifiable information. Posting to linkedin from one's home computer of old articles doesn't prove employment either.
Considering the fact that nanotech has used paid stock promotions all along and lied about it consistently, there shouldn't be any confusion about omnivance's damage control techniques.
nanotech and nanotech gaming have screwed people out of their dividend and money and dodged the real questions forever. Nothing points to them changing anything now.
April 2nd, 2016 at 11:34:45 PM
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Quote: Zcore13Well their stock is still active, so they are still obviously looking for people to invest. Just part of the scam probably.
ZCore13
I gottya...
Quote: wellwellwellBefore getting the big promotion to Director of Business Development (a couple of days ago she was Director of Marketing) she was ahigh's executive assistant/Girl Friday.
Interesting... Also interesting is that Aaron still has his title as president of nanotech as his present title on his profile... I remember someone in another thread has said he has taken that job title down on his LinkedIn page.
Quote: sammydvLinkedin isn't considered a dependable source of verifiable information. Posting to linkedin from one's home computer of old articles doesn't prove employment either.
Considering the fact that nanotech has used paid stock promotions all along and lied about it consistently, there shouldn't be any confusion about omnivance's damage control techniques.
nanotech and nanotech gaming have screwed people out of their dividend and money and dodged the real questions forever. Nothing points to them changing anything now.
I was just merely saying that it was interesting to see... Since all of this talk has been ongoing for quite some time now, I figured you all might have been interested to hear what I had seen... Especially if the office closure is indeed happening as you say, it's odd that they are still promoting. That being said the two previous comments above simply add/explain the oddity of it all.
Again I'm not commenting on anything nanotech has or may have done in the past as I am simply without knowledge of any of it. I just thought it is quite bizarre seeing this after reading this thread, and thought you all may have been interested to hear that this was done within the last week considering the time frames previously stated by others.
.
April 2nd, 2016 at 11:50:08 PM
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Quote: mrsuit31I
Again I'm not commenting on anything nanotech has or may have done in the past as I am simply without knowledge of any of it. I just thought it is quite bizarre seeing this after reading this thread, and thought you all may have been interested to hear that this was done within the last week considering the time frames previously stated by others.
Although I see where you're coming from, what you're most likely seeing is omnivance doing his promoting using whomever he feels he can to make it look like NG is in business. Omnivance is a corrupt promoter just like bennie blankenship. It isn't bizarre at all. It's a pink sheet scam now.
April 3rd, 2016 at 12:54:10 AM
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I would think if they are still trying to sell stock that would be illegal and the owners would go to jail.
Oh, wait NVM.... didn't someone say he already was in jail?
Oh, wait NVM.... didn't someone say he already was in jail?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 3rd, 2016 at 8:04:57 AM
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Quote: mrsuit31On LinkedIn a women just linked an article regarding how to attract millennials to gaming. One of the three listed items was to introduce skill based games.
Attached to this article she states "nanotech gaming has been leading the pack on skill based games" then links to the company's three Facebook pages and the company website.
This was from a few days ago, dated March 28th. Interesting correlation to the jump in stock value that week.
I thought some of you might find this interesting.
Edit: the women who posted the link is the director of business development at nanotech. This confuses me with the previous comments regarding the lack of employees at the company...
What is the woman's name? Do you have a link.
At my age, a "Life In Prison" sentence is not much of a deterrent.
April 3rd, 2016 at 8:57:04 AM
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This is why they are penny stocks- there is less compliance and regulatory and reporting issues involved -
This doesn't make the company close to a scam
Look up psid which was adsx and verify chip, it's now a penny stock and previously was as high as 6 dollars and actively traded on the Nasdaq.
Businesses make and lose money. It doesn't make them scams- I agree some are but just seems like this is people jumping on a band wagon - clearly this company had a product and tried to make it
This doesn't make the company close to a scam
Look up psid which was adsx and verify chip, it's now a penny stock and previously was as high as 6 dollars and actively traded on the Nasdaq.
Businesses make and lose money. It doesn't make them scams- I agree some are but just seems like this is people jumping on a band wagon - clearly this company had a product and tried to make it
No longer hiring, don’t ask because I won’t hire you either
April 3rd, 2016 at 9:18:11 AM
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Quote: DRichWhat is the woman's name? Do you have a link.
Sent you a PM
.
April 3rd, 2016 at 10:06:49 AM
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Why not public?
April 3rd, 2016 at 10:08:49 AM
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Quote: WizardofnothingLook up psid which was adsx and verify chip, it's now a penny stock and previously was as high as 6 dollars and actively traded on the Nasdaq.
Businesses make and lose money. It doesn't make them scams- I agree some are but just seems like this is people jumping on a band wagon - clearly this company had a product and tried to make it
No comparison. ntek and ntgl were always penny shells with no verifiable income. ntgl was never a SEC registrant and ntk went dark. Nothing like your example.
April 7th, 2016 at 2:10:55 PM
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whoops....
Las Vegas Sands Paying Penalty for FCPA Violations
FOR IMMEDIATE RELEASE
2016-64
Washington D.C., April 7, 2016 — The Securities and Exchange Commission today announced that Las Vegas Sands Corp. has agreed to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by failing to properly authorize or document millions of dollars in payments to a consultant facilitating business activities in China and Macao.
http://www.sec.gov/news/pressrelease/2016-64.html
Las Vegas Sands Paying Penalty for FCPA Violations
FOR IMMEDIATE RELEASE
2016-64
Washington D.C., April 7, 2016 — The Securities and Exchange Commission today announced that Las Vegas Sands Corp. has agreed to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by failing to properly authorize or document millions of dollars in payments to a consultant facilitating business activities in China and Macao.
http://www.sec.gov/news/pressrelease/2016-64.html
April 7th, 2016 at 2:53:31 PM
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Quote: sammydvwhoops....
Las Vegas Sands Paying Penalty for FCPA Violations
FOR IMMEDIATE RELEASE
2016-64
Washington D.C., April 7, 2016 — The Securities and Exchange Commission today announced that Las Vegas Sands Corp. has agreed to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by failing to properly authorize or document millions of dollars in payments to a consultant facilitating business activities in China and Macao.
http://www.sec.gov/news/pressrelease/2016-64.html
Are we blaming Dave Foley or Aaron for this too?
At my age, a "Life In Prison" sentence is not much of a deterrent.
April 8th, 2016 at 11:16:21 AM
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Quote: DRichAre we blaming Dave Foley or Aaron for this too?
Absolutely!!!
No, not really. Just thought I'd bring some other gambling factoid to the board. It shows that the big boys can do scammy stuff. And get caught.
But this SEC bullshit in allowing anyone with lots of money to "without admitting or denying the findings" get away with greasing the SEC's coffers and not dragging the crooks over the the DOD has always irritated the hell out of me.
LVS consented to the SEC’s order without admitting or denying the findings that it violated the books-and-records and internal controls provisions of the Securities Exchange Act of 1934.
Anyone find it interesting that no one is answering the phone at the game shop? Where's my dividends. That's why I bought in.
April 11th, 2016 at 12:28:09 PM
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Here's a new article on Skill Based Gaming. Nothing from NGTL in there. Actually a really cool looking Skill Based pinball game from IGT. That looks more like what players would want to play to me.
Global Gaming Business Article on Skill Based Gaming
ZCore13
Global Gaming Business Article on Skill Based Gaming
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
April 11th, 2016 at 1:23:39 PM
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Again this just proves Ahigh WAS on the right track (not that he was the first to think of pinball slots)Quote: Zcore13Here's a new article on Skill Based Gaming. Nothing from NGTL in there. Actually a really cool looking Skill Based pinball game from IGT. That looks more like what players would want to play to me.
Global Gaming Business Article on Skill Based Gaming
ZCore13
from that article.
"One big challenge with skill games is skilled gamers who may actually edge the house. “People are going to play a skill game because they think they can win, which creates a conflicting stance between our casino customers and our player customers—we need to provide the opportunity (to win) while ensuring our casino customers make money,” says Baerlocher. "
Reading this Ahigh solved that problem beautifully. IMO skill gaming needs to allow someone to achieve over 100%.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 11th, 2016 at 1:37:50 PM
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Quote: AxelWolfAgain this just proves Ahigh WAS on the right track (not that he was the first to think of pinball slots)Quote: Zcore13Here's a new article on Skill Based Gaming. Nothing from NGTL in there. Actually a really cool looking Skill Based pinball game from IGT. That looks more like what players would want to play to me.
Global Gaming Business Article on Skill Based Gaming
ZCore13
from that article.
"One big challenge with skill games is skilled gamers who may actually edge the house. “People are going to play a skill game because they think they can win, which creates a conflicting stance between our casino customers and our player customers—we need to provide the opportunity (to win) while ensuring our casino customers make money,” says Baerlocher. "
Reading this Ahigh solved that problem beautifully. IMO skill gaming needs to allow someone to achieve over 100%.
He was on the right track. I don't think anybody disagrees with that. There's 50 companies on the right track. It's the ones that execute their plan into useable product. He did not do that.
Partly because he refused to stop advertising it as an AP or player advantage game.
Partly because he insisted it had to be a high limit game.
Partly because he said it would need an attendant at all times because it wasn't going to have a bill validator in it.
Partly because he would not listen to solid advice on how to learn what the Casino wanted and needed to have in a new game like this.
He's a game designer. That's what he does. The company needed someone above him that had casino experience to muddle through some of the good ideas and not so good ideas. Once designed, he was the games worst enemy.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
April 11th, 2016 at 1:50:30 PM
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I can't argue with any of that. I cringed when I seen they were advertising it as an AP or player advantage game. I highly suggested not to do that but he scolded me.Quote: Zcore13Quote: AxelWolfAgain this just proves Ahigh WAS on the right track (not that he was the first to think of pinball slots)Quote: Zcore13Here's a new article on Skill Based Gaming. Nothing from NGTL in there. Actually a really cool looking Skill Based pinball game from IGT. That looks more like what players would want to play to me.
Global Gaming Business Article on Skill Based Gaming
ZCore13
from that article.
"One big challenge with skill games is skilled gamers who may actually edge the house. “People are going to play a skill game because they think they can win, which creates a conflicting stance between our casino customers and our player customers—we need to provide the opportunity (to win) while ensuring our casino customers make money,” says Baerlocher. "
Reading this Ahigh solved that problem beautifully. IMO skill gaming needs to allow someone to achieve over 100%.
He was on the right track. I don't think anybody disagrees with that. There's 50 companies on the right track. It's the ones that execute their plan into useable product. He did not do that.
Partly because he refused to stop advertising it as an AP or player advantage game.
Partly because he insisted it had to be a high limit game.
Partly because he said it would need an attendant at all times because it wasn't going to have a bill validator in it.
Partly because he would not listen to solid advice on how to learn what the Casino wanted and needed to have in a new game like this.
He's a game designer. That's what he does. The company needed someone above him that had casino experience to muddle through some of the good ideas and not so good ideas. Once designed, he was the games worst enemy.
ZCore13
My question is.... did they even ever have a chance to get their games into a casino?
Hopefully someone will buy their technology and use it .
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 11th, 2016 at 3:07:21 PM
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Quote: AxelWolfI can't argue with any of that. I cringed when I seen they were advertising it as an AP or player advantage game. I highly suggested not to do that but he scolded me.Quote: Zcore13Quote: AxelWolfAgain this just proves Ahigh WAS on the right track (not that he was the first to think of pinball slots)Quote: Zcore13Here's a new article on Skill Based Gaming. Nothing from NGTL in there. Actually a really cool looking Skill Based pinball game from IGT. That looks more like what players would want to play to me.
Global Gaming Business Article on Skill Based Gaming
ZCore13
from that article.
"One big challenge with skill games is skilled gamers who may actually edge the house. “People are going to play a skill game because they think they can win, which creates a conflicting stance between our casino customers and our player customers—we need to provide the opportunity (to win) while ensuring our casino customers make money,” says Baerlocher. "
Reading this Ahigh solved that problem beautifully. IMO skill gaming needs to allow someone to achieve over 100%.
He was on the right track. I don't think anybody disagrees with that. There's 50 companies on the right track. It's the ones that execute their plan into useable product. He did not do that.
Partly because he refused to stop advertising it as an AP or player advantage game.
Partly because he insisted it had to be a high limit game.
Partly because he said it would need an attendant at all times because it wasn't going to have a bill validator in it.
Partly because he would not listen to solid advice on how to learn what the Casino wanted and needed to have in a new game like this.
He's a game designer. That's what he does. The company needed someone above him that had casino experience to muddle through some of the good ideas and not so good ideas. Once designed, he was the games worst enemy.
ZCore13
My question is.... did they even ever have a chance to get their games into a casino?
Hopefully someone will buy their technology and use it .
I recall him stating in one of his posts, which I questioned him about, that not only would he need an attendant to monitor the game at all times but also required a card charging station in the pit that would also have probably required constant attendance along with the equipment and tech associated with the card recharge station. I asked him about those statements, but he simply ignored my questions regarding them, I'm sure because no plausible answer was available. The cost alone to the casino to operate the product with the low house edge, or player advantage as her put it, would make it virtually impossible to profit from the houses perspective.
There were plainly way to many issues that hadn't been thought through with his pinball game...
.
April 11th, 2016 at 3:30:17 PM
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For what it is worth, I just came from the 2015 North American iGaming Conference. Skill-based gaming was a major emphasis of the show. There are other companies developing product for that market as we speak.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
