The biggest scandals in the gambling industry

[kayenne23]

I got the day off and i decided to make a special thread for the peopl who like scandals or even conspiracy theories ( no! i'm not a flat earther geez) So here is the list:

 

1. Do you know the movie 21 from 2008? Where Kevin Spacey was playing the professor? Well, this movie is based on reality. There was indeed a a guy named Bill Kaplan, a MBA HARVARD graduade who created a team of blackjack players who could count cards. But eventually he and his team fell apart because of the burn out his players had. Also, going back and forth from Harvard to Nevada, it made things difficult. He then met a guy called Massar a card counter who used to run the first MIT blackjack team. Massar proposed to Kaplan, to come and see his team playing in the casinos  and Kaplan agreed. Kaplan on the run observed many faults in Massar's players such as wrong strategic. After the run they had in Atlantic city, Kaplan informed Massar about it. Massar was very impressed by Kaplan so in 1980 they  founded the new MIT blackjack bank, with an investment stake of 89.000 dollars. 10 weeks later the stake was doubled. The team was so good, that Kaplan in 1984 could not show his face in any casino in the USA. So he fell back and decided to take a break. In 1992 the team was so good that they had 30 players playing the same time in casinos all over the world. All ran by this group. In 1993 the group was dissolved, since the leading players were banned from most of the casinos in the U.S.  Estimated winnings: 50-60 million Dollars

2. The moneymaker: What if i tell you that you can win the jackpot whenever you want? Well, John Kane, a slot player, in USA, discovered a glitch that allowed him to replay the winning hand several times. Well, this guy found a glitch in the game King Line , which allowed him to to replay hand with different wagers! So he was sitting alllll dayyy playing this machine with like 1 cent per hand and when he would score the winning jackpot hand, he would replay the hand with a max bet of 10 dollars! So easy 10k! He and his fella called Andre Nestor were found and arrested. Wanna know the funny thing? They walked free. Prosecutors failed to find justified charges against them!  Winnings: 500.000 dollars

3. Phantom of Stardust: In 1992, a cashier in casino Stardust in Las Vegas, walked out the door with 500.000 dollars. 225.000 dollars in cash and the rest chips. His assignment that night was to count the money, but apparently, William John Brennan had other plans. The funny thing about it, is that the guy was never found. In 2006 Stardust closed its doors and his case was dissmised. William, was also in the top 10 FBI most wanted list. Rumours have it, that William, had made a new friend, who was a very dark person as witnesses claim. Most people believe that Brennan was killed for the money but the mystery still goes on. 

 

P.S. I will be updating this thread with more stories!  

[cocopop3011]

Oooooh!! Interesting thread, can't wait to read more. We've had many memebers here over the years who loves a good conspiracy  

[Afi4wins]

47 minutes ago, cocopop3011 said:

Oooooh!! Interesting thread, can't wait to read more. We've had many memebers here over the years who loves a good conspiracy  

For a very short moment in time, I was a believer in a flat world!!! 

[kayenne23]

3 hours ago, Afi4wins said:

For a very short moment in time, I was a believer in a flat world!!! 

 

[cocopop3011]

7 hours ago, Afi4wins said:

For a very short moment in time, I was a believer in a flat world!!! 

Probably one of the biggest ever ones!! Along  with man walking on the moon  

[pinnit2015]

What about Top Game and the missing wilds etc that meant winning the jackpots was impossible, and many other things.

Pragmatic Play went onto purchase  assets of them and leave it to yourself to come to the conclusion if they're linked more than just that

[ValDes]

Hmm, have always tried to consider the combination of these two words "gambling" & "scandal" from a different, more human, more player-oriented point of view.... 

Which immediately brings me to the point and namely - the real scandal of epic proportions is the scale of gambling addiction in UK. 

[Afi4wins]

25 minutes ago, ValDes said:

Hmm, have always tried to consider the combination of these two words "gambling" & "scandal" from a different, more human, more player-oriented point of View.... 

Which immediately brings me to the point and namely - the real scandal of epic proportions is the scale of gambling addiction in UK. 

Is gambling actually more prevalent in the UK than in China??? 

To the Chinese, gambling is part and parcel of their tradition! 

[kayenne23]

36 minutes ago, Afi4wins said:

Is gambling actually more prevalent in the UK than in China??? 

To the Chinese, gambling is part and parcel of their tradition! 

Thats true indeed. 

[kayenne23]

1 hour ago, ValDes said:

Hmm, have always tried to consider the combination of these two words "gambling" & "scandal" from a different, more human, more player-oriented point of View.... 

Which immediately brings me to the point and namely - the real scandal of epic proportions is the scale of gambling addiction in UK. 

Thats been goin on for years and years. Did you know in Germany, in every cafeteria there is at least 1 slot machine? Many minors etc begin their gambling ''career'' by those slot machines.  Do they ask fo I.d? Most of the times nope! 

Since you brought this up, id like to ask you something. What happens if a online casino has a bug in the system and lets an underage individual sign up and play there? I would love to know. I read some of mga's terms about this but i couldnt find the penalties. 

[ValDes]

1 hour ago, Afi4wins said:

Is gambling actually more prevalent in the UK than in China??? 

To the Chinese, gambling is part and parcel of their tradition! 

Well yeah, but China doesn't have their UKGC-equivalent pouring fire and brimstone over the heads of operators, affiliates and even players only to achieve let's say 'extremely modest' results.

[ValDes]

1 hour ago, kayenne23 said:

Thats been goin on for years and years. Did you know in Germany, in every cafeteria there is at least 1 slot machine? Many minors etc begin their gambling ''career'' by those slot machines.  Do they ask fo I.d? Most of the times nope! 

Since you brought this up, id like to ask you something. What happens if a online casino has a bug in the system and lets an underage individual sign up and play there? I would love to know. I read some of mga's terms about this but i couldnt find the penalties. 

Re slot machines, sure, I started my own 'gambling career' playing them some 30 years ago.  And nope, they didn't ask for anything except money. 

The so called 'software bugs' are covered pretty well into the operator's terms usually and leave no room for any appeals/claims. Still, need more details in order to provide more adequate response. 

[kayenne23]

15 minutes ago, ValDes said:

Re slot machines, sure, I started my own 'gambling career' playing them some 30 years ago.  And nope, they didn't ask for anything except money. 

The so called 'software bugs' are covered pretty well into the operator's terms usually and leave no room for any appeals/claims. Still, need more details in order to provide more adequate response. 

Haha! You're not the only one mate..  Hmmm.. Its not a particular bug but a whole system. For example, a guy is 17  and a half years old and signs up in a online casino with his real details. (which of course allows only 18+ players) and he gets verified as well and spends money. I know MGA is aways encourages clients to take pre cautions about this thing, but what happens if the casino verifies the player and allows him to play?  I think that is definetely against any pre caution since the player instead of being blocked, gets verified as well. Are there penalties for that? 

[ValDes]

10 minutes ago, kayenne23 said:

Haha! You're not the only one mate..  Hmmm.. Its not a particular bug but a whole system. For example, a guy is 17  and a half years old and signs up in a online casino with his real details. (which of course allows only 18+ players) and he gets verified as well and spends money. I know MGA is aways encourages clients to take pre cautions about this thing, but what happens if the casino verifies the player and allows him to play?  I think that is definetely against any pre caution since the player instead of being blocked, gets verified as well. Are there penalties for that? 

In response to your question: 

Quote

Part VIII – Protection of Minors and Vulnerable Persons

26. (1) B2C licensees shall have and put into effect policies and procedures to prevent minors from making use of their gaming service and, or from holding a player account.

(2) Without prejudice to the generality of the foregoing and any other requirements in any other law or any other regulatory instrument, such policies and procedures shall include requiring players to affirm that they are of legal age before making use of a gaming service, in terms of the requirements established in the Gaming Authorisations and Compliance Directive.

(3) Where a minor, notwithstanding the checks put in place by the B2C licensee, manages to make use of the gaming service, the B2C licensee, as soon as it becomes aware that such player is a minor, shall take all necessary steps to prevent such minor from making further use of its gaming service and to return the minor to the state in which the minor was prior to playing, returning any monies wagered and confiscating all winnings, if any.

27. Licensees shall not offer credit services to any player. Provided that licensees shall neither participate in, arrange, permit or knowingly facilitate the giving of credit in connection with gaming

Source: https://www.mga.org.mt/wp-content/uploads/Directive-2-of-2018-Player-Protection-Directive.pdf

[kayenne23]

6 minutes ago, ValDes said:

In response to your question: 

Source: https://www.mga.org.mt/wp-content/uploads/Directive-2-of-2018-Player-Protection-Directive.pdf

Ahhh!! Thank you mate! I was looking for this!