‘The Winston’ cocktail, made out of 1858 classic cognac by a celebrity mixologist at the Crown Melbourne, had been part of a bungled publicity stunt that cost the casino higher than a drink.
The Crown Casino in Melbourne may be stripped of the Guinness World Record due to a strange tale of a cheating Kiwi millionaire, a $32 million casino scam, a narrowly averted PR tragedy, and the world’s priciest 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, popular cricketer that is retired Warne, and previous WSOP Main Event champ Joe Hachem.
Australian news and officials from the Guinness Book of reports had gathered to witness high-roller businessman Giang Nguyen imbibe the world’s most high priced cocktail.
‘The Churchill,’ was made with 1858-vintage Croizet Cuvee Leonie cognac, a measure of Chartreuse VEP Vert (a French herbal-infused liqueur developed by monks) and splash of Angostura Bitters, among other ridiculously expensive and significantly odd components. The drink is indeed called 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.
Not A cheap Date
The cost was AU$12,500, approximately US$9,500, hence all of the hullabaloo as well as the guy from Guinness with all the clipboard keeping watch.
But oddly, as present media made note, Nguyen looked uncomfortable, took one sip, declared it to be ‘good’ and hurried down to the leaving about $8000-worth of vintage booze unsipped night. The question is excatly why.
Rewind to February of 2013. Crown announced via news release that New Zealand millionaire James Manning is the man to cough up five figures for the impossibly luxe cocktail that is new. Manning was lured to Crown by way of a member of the VIP services staff, the department that is charged with attracting and keeping high-rolling whales.
The plan had been that Manning would come to Crown, gamble big and lose big, before obliging the casino by firmly taking part in their little publicity stunt. What could possibly make a mistake?
What Crown don’t know was that Manning was a cheat that is skilled card countertop, and had employed someone on the interior to signal information to him. Using a technique that the casino have 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 few of the bets he placed were very, very dubious,’ A crown that is former executive the Sydney Morning Herald. ‘Those eight hands, in specific … he bet against the chances and won, so one of our surveillance guys chose to take a closer look.’
A closer appearance revealed that Manning and their accomplice, the guy from the VIP department who had invited him in the first destination, no less, had been in cahoots, running a complex scam to cheat the casino.
Manning was immediately turned away from his room in the center of the evening and barred for eternity from the property. While the majority that is vast of money had not yet been given out, Crown decided to go with not to press fees, but it left the PR department in a bit of the pickle.
‘Having James Manning done for the gambling heist right before the event was not in the script,’ said a member that is former of’s PR team. ‘We had the cognac, we had the function organized, we just didn’t have a buyer. We had been within an awful bind.’
The truth is, then, that Nguyen was a shill, a friend of the management, bussed in at the minute that is last. The promotion stunt had been all for show and the Crown would reimburse him the complete amount the next morning.
Essentially, Nguyen got a drink of the world’s most expensive cocktail for free from Crown, in which he wasn’t also a premier 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 indications of a recovery. (Image: Ed Jones/AFP/Getty Graphics)
Macau’s gaming profits are continuing their seemingly endless tumble, falling once more in June to help make it 13 straight months of decrease for the enclave that is chinese.
However, not all associated with the news being released of Macau had been bad for the gambling enterprises, suggesting that although the current trends are painful, there may be hope on the horizon that things could enhance in the not-too-distant future.
First, though, there’s the bad news.
Macau’s Gaming Inspection and Coordination Bureau reported that gambling enterprises in the territory took in less than $2.2 billion in gaming income in June, down 36 percent when compared with the period that is same year earlier.
That is the figure that is lowest for Macau since November 2010.
Overall, annual gaming revenues are down about 37 percent in 2015 compared to the first 6 months of last year.
Incremental Improvement Provides Some Hope
Still, the June figures were slightly much better than the projections of some analysts.
‘Although a 36 per cent year-over-year decline is not even close to healthier, we find it encouraging the theme of modest sequential comparison improvement remains on trend,’ said gaming analyst Steven Wieczynski of Stifel Nicolaus Capital Markets.
In other words, the actual fact that things have been slightly less terrible for Macau recently is one step into the right way. There are other indications that profits could start to tick back up this summer, too.
Gaming revenues were really up over the very last nine days for the month, which may be associated with the start of the summer tourism season.
The annual numbers could begin looking much better for Macau, especially since the last few months of 2014 were particularly brutal for the casinos there if those increases continue into July.
Relaxed Visitation Rules Could Encourage More Tourism
In addition, the Chinese government finally is apparently stepping in to simply help Macau a little. As of Wednesday, visitation rules have been calm, and mainland Chinese residents can now see Macau twice per month instead 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 many casino stocks to surge this week. Four of five casino stocks listed in Hong Kong saw their biggest gains in the past four years, including MGM Asia, Wynn Macau, and Sands China.
Even though the specific impact with this choice is fairly tiny, it could signal a change in policy from the mainland Chinese government, which hurt Macau’s gaming industry significantly with its anti-corruption policies that cut much associated with money movement towards the territory.
Analysts expect more supportive measures from China later in 2015, and even in the event none among these changes are dramatic, they are able to have a good cumulative impact.
Although not all the news taken from Macau is positive. The Macau federal government is introducing a smoking that is full in its legislature this week. That bill is apt to be passed later this year, and might be implemented when early next year.
In line with 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 harm spending by high rollers, with a few predicting a 10 to 15 percent reduction in profits because of this cigarette smoking prohibition.
Tennis Match Fixing Issues Continue Steadily To Make Headlines
Few would accuse anyone of match fixing at Wimbledon, but many say that the training is widespread among lower-ranked players at smaller events. (Image: Wikipedia)
Tennis is faced with accusations of match fixing for years: from the match that is infamous Nikolay Davydenko and Martin Vassallo Arguello in 2007 that first introduced much of the public to questions about the integrity of matches in certain smaller tournaments to suspensions levied against two players earlier this year, there always is apparently something lurking beneath the sport’s area.
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 research cited in that story estimated that one percent of most tournament that is first-round may be fixed, which would mean more than 20 matches a year were influenced by gamblers; other estimates and guesses have recommended that multiple matches each week could be fixed, though that’s still a very small percentage of all of the professional tennis matches.
Low Pay Leads to Temptation for Lower-Ranked Players
What makes tennis therefore vulnerable to complement fixing?
There are a combination of factors, a lot of that really help explain why the problem seems most prominent at the reduced degrees of the professional ranks.
First, there’s well-known fact that tennis ( at the very least in singles play) is a sport that is individual.
There is one person that needs to be bribed to be able to obtain them to throw a match (equivalent issue that leads many to worry extensive integrity problems in boxing and other combat sports), and there are no teammates or substitutes to choose the slack up for the player who is struggling.
That stated, no one is accusing Roger Federer and Rafael Nadal of fixing matches at Wimbledon.
For one, there is the truth that these matches have an intense level 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 maybe not to say that nobody tries. Even Novak Djokovic has told a tale of being provided $100,000 to repair a match back in 2006.
But players regarding the Challenger Tour or other low-ranked rivals aren’t making nearly that much money, and may even also lose cash in an offered competition after travel and coaching expenses are considered.
That means they are targets that are prime gamblers seeking to fix a match.
Spot Betting Allows Fixing Without Impacting Match Result
Another problem is the fact that gamblers do not even have to repair a match that is entire find ways to profit.
Because many gambling sites and bookmakers offer betting on sets or games that are even individual players can reach agreements allowing certain events to take place at the best times to fulfill gamblers while still playing to win overall.
‘One particular typical fix would be to split the first couple of sets to a predetermined script, then play the third set fairly to ascertain which player advances,’ sports modeler Ian Dorward told play indian dreaming slot machine free Slate earlier this year.
The Tennis Integrity Unit is the human body tasked with rooting out such issues, and they will 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 regardless of what the Integrity Unit does, it is unlikely to alter the culture that enables lower-ranked players to be incentivized to aid gamblers who would like to make sure bets.
That would need a change that is complete how compensation works down and up the various levels of expert tennis, something that probably won’t happen any time quickly.