{"id":86595,"date":"2020-10-11T01:10:45","date_gmt":"2020-10-10T22:10:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-casino-hosts-lure-in-big-gamblers\/"},"modified":"2020-10-11T01:10:45","modified_gmt":"2020-10-10T22:10:45","slug":"how-casino-hosts-lure-in-big-gamblers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-casino-hosts-lure-in-big-gamblers\/","title":{"rendered":"#How casino hosts lure in big gamblers"},"content":{"rendered":"

“#How casino hosts lure in big gamblers<\/strong>”
\n<\/p>\n

\n You\u2019d think it would be simple to drop millions of dollars at a casino.<\/p>\n

But extracting that kind of dough tends to require a delicate dance between casino, player and host: the person charged with luring gamblers to bet big and lose big. It can involve private jets, exotic hotel suites, bottles of Cristal, Cuban cigars and pretty much anything the gambler wants. It\u2019s a perfect environment for squeezing out the massive losses that keep casino chandeliers burning.<\/p>\n

Last month, the Daily Mail reported that Hollywood mogul Ron Meyer dropped an estimated $100 million<\/a> partly with the assistance of an Atlantic City casino VP who served as his host. Once Meyer exhausted his AC credit \u2014 allegedly, between $5 million and $7 million per trip<\/a> \u2014 the VP helicoptered him to Connecticut where he was set up to borrow an additional $3 to $5 million for casino play there.<\/p>\n

Indeed, Meyer \u2014\u00a0who recently left his position as the Vice Chairman of NBC Universal after admitting to an affair with actress Charlotte Kirke \u2014 seems most interested in just getting access to the money.<\/p>\n

\u201cMost whales expect the world. If they lose they want more; if they win, they still want a lot,\u201d one host who has handled Meyer told The Post. \u201cRon is my nicest whale. He would bet $30,000 or $40,000 on a roll [at the craps table] and eat ham and eggs for breakfast. Win or lose, he was the same guy.\u201d<\/p>\n

Meyer\u2019s story has put a spotlight on the world of \u201cwhales\u201d \u2014 casino speak for the highest-stakes gamblers \u2014 and just how far hosts will go to keep them happ<\/a>y.<\/p>\n

<\/p>\n

A host at one major Las Vegas casino talked about satisfying a whale by wrangling a French bulldog with a special eye color, and tracking down a hard-to-get handbag for another\u2019s wife.<\/p>\n

Hosts confirm they are willing to go all out to pursue and keep a client. Independent host Steve Cyr, subject of \u201cWhale Hunt in the Desert\u201d<\/a> (Huntington Press), admitted he once dumpster-dived to snag a competing casino\u2019s mailing list of high rollers.<\/p>\n

\u201cBack in the 1990s, I wanted a particular customer. I gave him $100,000 in promotional chips,\u201d host,\u201d Cyr told The Post. \u201cThat was a good investment. Over the years, at just one casino with me, he lost 11 million.\u201d<\/p>\n

It\u2019s a system designed to lure the rich and risk-loving into situations where they are mathematically disposed to lose. \u201cThere was one host who paid for Colombian hookers and drugs with his players\u2019 comp dollars,\u201d said a fellow host, referring to credits to be used in the casino. \u201cThe six-figure players got prostitutes and cocaine. That worked great until the police found out.\u201d<\/p>\n

For some gamblers, lines of credit are everything. \u201cWhen you have a gambling problem and somebody is giving you millions of dollars in credit, you will go anywhere for it,\u201d a high-roller told The Post. \u201cThe host\u2019s job is to take every dollar from you. After they do, they don\u2019t want to know you. They move to the next person. They\u2019re not your friends.\u201d<\/p>\n

<\/p>\n

Of course, big casino-runs don\u2019t last forever. It\u2019s alleged that hosts looked the other way as Miami developer Peter Wei \u201cblew tens of millions of dollars in a casino\u201d before he committed suicide last October, according to an inside source. \u201cThere should have been red flares,\u201d said another insider. \u201cThey should have stopped this guy.\u201d<\/p>\n

Omaha entrepreneur Terrance Watanabe put other losers to shame by dropping $189 million in 2007 at Caesars Palace and Rio casinos in Vegas. After he was left owing $14.7 million \u2014 and failed to pay \u2014 the Clark County District Attorney\u2019s Office charged him criminally.<\/p>\n

According to Watanabe\u2019s lawyer Pierce O\u2019Donnell: \u201cThe casino plied him with Jewel of Russia Ultra vodka and kept giving him pain pills because he hurt himself in the shower. So he was doubly addicted. In one three-and-a-half-hour period at a slot machine, he lost $10 million.\u201d<\/p>\n

Criminal charges were dismissed but Watanabe paid $500,000 in administrative fees to the DA\u2019s office.<\/p>\n

\u201cHe had the ultimate suite, unlimited credit and escort services provided by the casino. There were private jets and limousines, and he was in a stupor,\u201d said O\u2019Donnell. \u201cTerry was in a fog of gambling.\n <\/p><\/div>\n

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For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#How casino hosts lure in big gamblers” You\u2019d think it would be simple to drop millions of dollars at a casino. But extracting that kind of dough tends to require a delicate dance between casino, player and host: the person charged with luring gamblers to bet big and lose big. It can involve private jets,…<\/p>\n","protected":false},"author":1,"featured_media":86596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/casino.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[75227,72966,72967,74764,3001,75320],"class_list":["post-86595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-10-20","tag-casinos","tag-gambling","tag-las-vegas","tag-nbc-universal","tag-ron-meyer"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/86595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=86595"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/86595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/86596"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=86595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=86595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=86595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}