100xOdds
100xOdds
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Mission146
February 3rd, 2023 at 5:00:14 AM permalink
https://www.casino.org/vitalvegas/aruze-gaming-files-chapter-11-bankruptcy-president-steps-down/



Maker of Roll to Win Craps, Shoot to Win Craps ("bubble craps"), Go Go Claw and the Rock, Paper, Scissors machine揺as quietly filed for Chapt. 11 bankruptcy protection, president steps down.

I never even knew rock,paper, scissors even existed.
If they only did Online Craps with their Bubble craps machine like i suggested (https://wizardofvegas.com/forum/gambling/craps/37912-online-craps-with-live-dealer/), they might not be in this situation

Also:
in 2018, Wynn Resorts paid the company $2.4 billion to settle a legal kerfuffle over the forced redemption of Wynn Resorts shares.

Wow, $2.4B squandered in 5yrs?

(note: Stadium craps is Interblock)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Mission146
Mission146
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February 3rd, 2023 at 7:06:58 AM permalink
What a shame. I guess we may never see their next big game, "Pick a Number."
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Dobrij
Dobrij
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Mission146
February 3rd, 2023 at 7:10:51 AM permalink
I wonder how to realized the EV of the house?
AxelWolf
AxelWolf
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Mission146
February 3rd, 2023 at 11:35:02 AM permalink
Quote: 100xOdds

https://www.casino.org/vitalvegas/aruze-gaming-files-chapter-11-bankruptcy-president-steps-down/



Maker of Roll to Win Craps, Shoot to Win Craps ("bubble craps"), Go Go Claw and the Rock, Paper, Scissors machine揺as quietly filed for Chapt. 11 bankruptcy protection, president steps down.

I never even knew rock,paper, scissors even existed.
If they only did Online Craps with their Bubble craps machine like i suggested (https://wizardofvegas.com/forum/gambling/craps/37912-online-craps-with-live-dealer/), they might not be in this situation

Also:
in 2018, Wynn Resorts paid the company $2.4 billion to settle a legal kerfuffle over the forced redemption of Wynn Resorts shares.

Wow, $2.4B squandered in 5yrs?

(note: Stadium craps is Interblock)
link to original post

Go Go Claw and the Roc, Paper, Scissors games are too gimmicky. Sure they might be fun to try a few times, but most people do just that, give it a try a few times, and then move on.
♪♪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♪♪
ChumpChange
ChumpChange
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Mission146
February 3rd, 2023 at 5:06:24 PM permalink
So do these machines get pulled from the casino floors because there's no company to pay royalties to, or no spare parts from the manufacturer?
100xOdds
100xOdds
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Mission146
February 3rd, 2023 at 6:23:42 PM permalink
Quote: ChumpChange

So do these machines get pulled from the casino floors because there's no company to pay royalties to, or no spare parts from the manufacturer?
link to original post

company still exists and operating till bankruptcy process is completed.
they just dont have to pay their debts till then thus the extra cash can be used for operations.
Last edited by: 100xOdds on Feb 4, 2023
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
DJTeddyBear
DJTeddyBear
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odiousgambitMission146
February 4th, 2023 at 3:17:09 AM permalink
Quote: Mission146

What a shame. I guess we may never see their next big game, "Pick a Number."
link to original post

You can see a complete game description, rules, math, etc, for my game, on my website.
Pick A Card

I got the idea from this scene:
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Mission146
Mission146
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Dieter
February 12th, 2023 at 10:59:43 AM permalink
Quote: ChumpChange

So do these machines get pulled from the casino floors because there's no company to pay royalties to, or no spare parts from the manufacturer?
link to original post



That'll be interesting to see.

I guess liquidating the machines would become part of the bankruptcy process, in theory. I imagine they might offer to outright sell them to the casinos at a steep discount. If anything breaks, then custom parts could be made or any remaining existing parts could also be liquidated and sold to casinos, I would think.

The company might also get an offer to sell everything they have wholesale to a company still operating.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
100xOdds
100xOdds
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May 23rd, 2023 at 3:37:58 AM permalink
Aruze's bankruptcy is now a Mega case?
https://www.nvb.uscourts.gov/case-info/mega-cases/aruze-gaming-america/

No clue what a mega case is.

latest Docket information: https://www.inforuptcy.com/browse-filings/nevada-bankruptcy-court/2:23-bk-10356/bankruptcy-case-aruze-gaming-america-inc
Deadline for filing claims: 06/07/2023
Deadline for filing claims (govt.): 07/31/2023
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
ThatDonGuy
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100xOdds
May 23rd, 2023 at 4:20:33 PM permalink
Quote: 100xOdds

Aruze's bankruptcy is now a Mega case?
https://www.nvb.uscourts.gov/case-info/mega-cases/aruze-gaming-america/

No clue what a mega case is.
link to original post


From the website:

"Mega cases are single case or set of jointly administered or consolidated cases that involve $100,000,000 or more, 1000 or more creditors or a hold a high degree of public interest. Due to the nature of certain cases, a bankruptcy judge may determine to manage the cases with Ominbus hearings."
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