MrV
MrV
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January 6th, 2017 at 12:02:14 AM permalink
This came to light ten years ago, and I suspect some of you may have heard of it, but I never did.

So simple!

Sandia scam
"What, me worry?"
Homelessnyc
Homelessnyc
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January 6th, 2017 at 5:53:43 AM permalink
Would be great if you warned it was a video and not an article
onenickelmiracle
onenickelmiracle
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January 6th, 2017 at 8:00:58 AM permalink
Look how much money they make and don't even notice it missing. The lowered slots and video poker, dont even need to be at these casinos. They would do just fine letting people play and have a chance. The guy totally got screwed with that prison sentence considering how much casinos steal casinos make. Talk about crime families.
I am a robot.
monet0412
monet0412
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onenickelmiracle
January 6th, 2017 at 8:20:03 AM permalink
Quote: onenickelmiracle

Look how much money they make and don't even notice it missing. The lowered slots and video poker, dont even need to be at these casinos. They would do just fine letting people play and have a chance. The guy totally got screwed with that prison sentence considering how much casinos steal casinos make. Talk about crime families.



Well... when I ran poker tournaments I might have stolen thousands upon thousands of dollars in re-buys without ever getting heat or caught. I put people in the tournaments paid for by the re-buys so that the amount of players entered would match up just in case they were on to me and wanted to count the players on the tape! I think it is always easier to steal from the inside out. What I love about this story is that the Casino got 1 million back from some employee insurance clause! Now that just goes to show you that even when they lose... they WIN !! I am willing to wager that whatever the insurance company makes in dues doesn't even compare to the 1 million out.

I've known many dealers who have stolen chips every day that they worked for decades without getting caught. When I worked for the MGM up on the strip we used to have to go to these classes and watch these movies about Casino Cheats. I think that was the most fun I ever had at some dumb class or meeting that I was forced to attend. Some of the back room footage from other countries was interesting. They would have the cheats sitting at a table with arms out and a guard holding a machete. Another good one was when these dealers would flip the deck and set it in about 7 seconds hoping nobody was watching in surveillance. Funny how it was almost always the same... players would bet the minimum and when the deck was juiced all of a sudden the whole table was betting max lol !
Last edited by: monet0412 on Jan 6, 2017
FleaStiff
FleaStiff
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January 6th, 2017 at 9:21:49 AM permalink
Mexico is the land of disenchantment where manana reigns supreme. Audit the slot pays. Have a casino exec accompany the clerk paying the money? Its not been done that way in the past so it won't be done that way until manana.

Recall perhaps the two Gorman High whiz kids who bought a casino in downtown Vegas. One of them had been in the wholesale liquor business a decade earlier. As a liquor dealer he kept one bar on sixty day and thirty day credit when everyone else in town insisted the truck driver gets the full amount or he doesn't even unload the boxes. Eventualy the bar owner solved his problems and wound up keeping his bar instead of losing it.

So when that bar owner read in the newspapers that the former liquor dealer now owned a certain casino, the bar owner called and basicly said "come to my bar, NOW" and said nothing else. The wealthy casino owner did just that even though the bar owner made in a month what the casino owner made in a day. It turned out that the pit bosses, floor personnel and shift supervisors and some dealers would all meet in the bar's backroom and distribute 8 to 10 grand in chips. Had been going on night after night for eons. Only came to light because the bar owner wanted to be loyal to the guy who had kept him on credit when no one else would.
MathExtremist
MathExtremist
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January 6th, 2017 at 9:27:19 AM permalink
Quote: Homelessnyc

Would be great if you warned it was a video and not an article

You can examine a link before clicking on it. If you don't do this already, you're at higher risk for malware or other exploits.

On any Windows browser, hover over the link or right-click and use one of the appropriate options to see the URL without fetching it.

On Android, long-press the link and a context menu pops up with the URL and several options.

Someone else will need to chime in re: iPhone or Mac. But knowing how to safely navigate the web is important. Otherwise you end up getting hacked like the non-tech-savvy DNC staffers who got spearphished.
"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
Romes
Romes
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January 6th, 2017 at 1:49:47 PM permalink
"Every day for more than a year" makes it sound like they took "around" $8k/month off the casino... Then after $1.2 million they decided to go for $20k in 1 day? Like how greedy do you have to be? If that's working then you really only need to do that for like 2-3 years and you're set?? Given they already put in over 1 year, they were half way there lol. No I'm not condoning what they did. The greed it would seem always wins.
Playing it correctly means you've already won.
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