Top 5 Richest Casino Companies Owners In The World

The casino's history of expansion has really expanded and started from the beginning of 1994, in the eastern Caribbean island states of Antigua and Barbuda. After many years of development, the turnover of the casino industry has also been increasing rapidly. Millions of people around the world have considered this an indispensable entertainment, especially within the upper class.
This article will introduce you to the 5 richest casino companies owners in the world.


1. Sheldon Adelson

The proliferation of casinos in Macao has helped Las Vegas Sand owner Sheldon Adelson make a fortune through Venetian Macau. In addition, the share price of the corporation he owned also increased by more than half in the past year.


2. Lui Che Woo

Galaxy Entertainment Group's share price has increased significantly, helping the total assets of billionaire Lui Che Woo reach over $21 billion. He was also recognized by Forbes magazine as the 2nd richest person in Hong Kong after Li Ka-Shing with $32 billion. Billionaire Lui once said that she would leave all her fortune to her son, Francis.


3. Pansy Ho

According to the latest statistics of Forbes magazine, Pansy Ho is the 9th richest female billionaire in Hong Kong and the richest casino boss in the world. Most of her assets come from Chinese casino group MGM and a large stake in the MGM hotel and resort chain.


4. James Packer

In addition to being the owner of the famous Crown casino in Australia, billionaire James Packer also has a large stake in the Melco Crown casino venture in Macao.


5. Kunio Busujima

Kunio Busujima, the fifth richest billionaire in Japan, voted by Forbes, currently runs Daichi Sankyo, the gaming console maker. The shares of this company also recorded a significant increase to more than half in the past year.

Currently, the casino industry is increasingly developing an online casino model. Instead of going to land casinos, you can refer to online casino reviews to choose a reputable dealer to play casino games. In online casinos, the owner has a website that offers betting services with various attractive gambling games powered by some of the biggest gaming software providers. Some of the games can be mentioned as Blackjack, Slots, Poker, Baccarat, Roulette and more.

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UFC = Greatest Investment Ever!

UFC was bought $2 Million and sold $4 Billion 16 years later

Is Dana White the greatest investor of all time?

Dana White and the Las Vegas casino magnates, Lorenzo and Frank Fertitta bought the drowning UFC for $2 Million in 2000 and sold it 16 years later for a whopping $4 Billion to WME-IMG Group. 

$2,000,000 X 16 years = $4,000,000,000

2000fold return on inve$tment.

  
UFC President, genius businessman and promoter extraordinaire Dana White, who remains the man in charge, estimated net worth of $350 Million will most likely takes a jump up. Dana White deserves it! He created a 4 Billion dollars sport after buying only three letters: U.F.C.

Baccarat "Unbeatable" Strategy

Here below is a melting-pot of a couple of articles about Baccarat. The sources and other interesting links are at the end of this posts.

Baccarat is a fascinating game due to the fact that it is THE game of THE biggest high rollers and casino whales.  And it is also THE favorite game of the Agent 007, James Bond.

No matter how many dozens of millions of dollars changed hands by playing these game.  And no matter how books and "strategies" have been written and devised on Baccarat.  Baccarat still a very simple game of pure luck.  It's nothing more than flipping a coin.  

In Baccarat you got three choices: betting on the Banker, the Player or the tie.  If you bet on the Banker or Player and a Tie happen.  You get your betting amounts back.

BUT, Baccarat is the casino game that offer the lowest house edge. The house edge is:

1.06% on the Banker bet. 45.8597% chance of winning.

1.24% on the Player bet.  44.6274% chance of winning.

14.36% on the Tie               9.5156% chance of a tie.

No need to say that the lower the house edge the better it is for you.

Not only is Baccarat 100% luck, the player doesn't even get to make any decisions in the game once it begins. In other words, you choose "Player" or "Banker", you place your bet, and that's it. The rest of the game plays out based on a predetermined set of rules.

There is NO strategy to decrease the house edge. Fortunately, the house edge on Baccarat is very low to start with. Still, the longer you play, and the more money you wager, the more you can expect to lose in the long run.

Oh - there is just one thing - If you bet on the "Banker", the house edge is ever so slightly less than if you bet on "Player". (1.0579% for Banker compared to 1.2351% for Player.) 

http://answers.yahoo.com/question/index?qid=20111106065227AArQwRX

http://wizardofodds.com/baccarat

 

Baccarat "Unbeatable" Strategy

ALWAYS BET ON THE BANKER

Forget trends and always bet on the banker.  The banker offers the lowest house odd on any form of casino gambling.  The Banker's hand has the highest chance of winning with 45.8%.   Banker house edge: 1.06%

HIT-AND-RUN

Quit when you're ahead.  Take the money and go.

These two above strategies were successfully employed by Kerry Packer, The King of the Whales when he bring the casino to his knees on a couple of occasions. 

CHOOSE THE BACCARAT GAME WITH THE LEAST AMOUNT OF COMMISSION 

Find a Baccarat table with the least percentage of commission that will be deducted from the winnings of the player after the game. With this, the profit a baccarat player will get will be much higher than playing in a Baccarat table with a higher commission rate. Inform yourself well before betting a single dollar at a Baccarat table.  Get the most for your money. 

PLAY WITH THE LOWEST NUMBER OF DECKS 


Remember that the lower decks you play baccarat - the bigger your chances for winning are: this rule has been checked many times, and it was proved to work.

STOP-LOSS / THREE STRIKES OUT
 
Stay calm, even if you lose. DO NOT CHASE LOSSES and try getting your money back at once, it does not work usually.  Usually my rules of thumb is the three strikes out.  I leave after 3 consecutive losses.  It prevent me from losing big, tilting and chasing losses.

NEVER BET ON A TIE

With 14.36% edge for the house.  It would be foolish to bet on a tie.  8 to 1 odds is one of the worst in any casino game.

NEVER PUT ALL YOUR MONEY ON A SINGLE BET

Don't believe in your good star.  She's never there when you need it.

NEVER BET MONEY YOU CAN'T AFFORD TO LOSE

This one is most important but often, the most overlooked.

FORGET TRENDS, STREAKS, AND PATTERNS

This is a game of pure luck.  The Universe doesn't care if the Banker or the Banker won 10 times in a row.  Remember that each and every deal or an event is completely independent of the following event or the preceding event.

BETTING SYSTEMS?

All betting systems are flawed. Progressive systems like yours usually do when but with occasional large losses. Over the long run, you will do no better nor worse than the flat bettor or user of any other system.  The Martingale is dangerous on every game and in the long run will never win. However it is better to use in baccarat than roulette, just because of the lower house edge.

 

In a few words, play with few decks, stick to the banker's bet, and manage your money appropriately.

Never Play Mini-Baccarat
The truth is that you will be helping yourself in the long run if you play baccarat instead of mini-baccarat. Mini-baccarat tends to be faster paced and you will most likely lose more small bets- which will end up equaling to more money lost than if it were larger bets.


Baccarat Chemin-de-Fer is the game played in James Bond's movies.

1. If no one has an eight or a nine, Punto and Banco each have the choice to accept or refuse a third card. This is why Chemin de Fer is a game of skill, unlike the other major baccarat variants which are based on luck only. If a third card is accepted, it is placed face-up on the baccarat table. Punto is always the first to accept or reject a third card, followed by Banco. The hands are then turned face-up to be compared.

Should I accept a third card when playing Chemin de Fer Baccarat?
Most players of Chemin de Fer Baccarat follows a set of guidelines grounded in mathematics and tradition. When you are the Punto representative, other people’s money will be at stake so they may object if you wish to go against these guidelines.

• Accept a third card if your hand totals 0, 1, 2, 3 or 4
• Refuse a third card if your hand totals 6 or 7

As you can see, hands totaling 5 are not covered by the guidelines.

 

Reveal the Most Common Myths About Baccarat Game http://baccarat-gurus.com/baccarat-myths.htm

Thanks to its big popularity and easiness, baccarat card game has many admirers all over the world today; being the game of luck, it attracts many people because they do not need learning difficult strategies or systems to beat the game though do not stop believing these systems really work. Actually, baccarat casino game is full of legends and myths which can prevent your winning if you trust them; look at these common baccarat myths and remember which moments to avoid when play baccarat.


Myth # 1: Baccarat is the game of aristocrats.

Truth: Yes, baccarat was played only by rich and noble people before. Today casinos try to support the image of baccarat being the sophisticated game which invites only aristocratic people, but it does not mean that you are prohibited to play if you do not have millions of dollars. Baccarat welcomes everyone: those people who are ready to bet only 5 bucks can easily do it in every casino today. Find the best place to play online baccarat at Casino Listings!

Myth #2: Baccarat is worth playing only if you sit at the big table.

Truth: Many serious baccarat gambling gurus prefer tables where small bets are also allowed because it is much easier to win more money there; you have big chances to lose all your money soon if you choose the table with $100 as a minimum bet.

Myth #3: It is easy to win baccarat if you use patterns.

Truth: Never think of patterns! If a banker wins 10 times in a row for example, it does not mean that s/he has lower chances to win the next round too: the chances of a banker and a player are always the same, but, as a rule, bankers win more often because of house edge.

Myth #4: A winning strategy will help me to win baccarat for sure!

Truth: Gosh! Do you still believe that? Baccarat is the game of luck just like online slots; so, never trust all those systems and strategies which are ready to guarantee you a winning. Some "experts" try to sell baccarat systems, and poor players are ready to spend their money if only it helps them winning. But it won't!

Myth #5: Card counting works for baccarat too.

Truth: Yes, both blackjack and baccarat are played with the same deck of cards; but the difference is that cards are back to the shoe in blackjack and you can change your bet during the game: such an opportunity can give you the advantage during the game. Baccarat does not offer you the same steps and that is why there is no reason to use card counting here. This strategy will not work for baccarat.


The Kings Of Baccarat Whales

  
Australian billionaire Kerry Packer broke the bank one more time.  Visiting the private Baccarat pit and alternating with a little Blackjack at $250.000 a hand. To the dismay of MGM Grand owner Kirk Kerkorian, after less than two hours, Kerry Packer left the casino $24 Million richer.  After his huge win, "Hit and Run Packer" was no longer welcomed in the MGM Grand casino.  Further proof that those blood-sucking casinos don't want you to win.  

World's Biggest Casino Whales (High Rollers)

Kerry Packer - The King of Whales

 

Akio Kashiwagi Billionaire Baccarat Whale

 

Kamel Nacif Casino Whale 

High Stakes Blackjack Whales

Sources:
http://baccarat-gurus.com/baccarat-gambling.htm
http://baccarat-gurus.com/baccarat-myths.htm
http://baccarat-gurus.com/baccarat-tips.htm
http://www.allcasinoneeds.com/12-winning-baccarat-strategies/
http://www.onlinecasinoreports.com/guides/cardgames/baccarat/how-to-win-at-baccarat.php
http://www.casinosonline.com.au/baccarat/strategy/
http://www.baccaratsite.net/

http://wizardofodds.com/games/baccarat/
http://wizardofodds.com/ask-the-wizard/baccarat/

http://www.europebaccarat.com/tips-game-baccarat.html
http://voices.yahoo.com/strategies-winning-baccarat-165051.html?cat=11
http://www.baccaratodds.com/baccarat-strategy-2/strategy-to-play-baccarat-identify-the-streak/
http://www.baccaratodds.com/baccarat-articles/baccarat-strategy-myth-or-possibility/
http://www.baccaratodds.com/
 
http://www.gamblinghelp.biz/wpblog/smart-chasing-of-losses/

http://www.aboutbaccarat.com/chemin-de-fer-baccarat/
http://en.wikipedia.org/wiki/Baccarat#Chemin_de_Fer
http://wizardofodds.com/games/chemin-de-fer/

Casino reality meme

Casino magnate against online poker

Billionaire casino owner Sheldon Adelson is against online gambling in America?!?

Just like Pablo Escobar would be against drugs legalization.

Phil Ivey vs The Brain

In NVGtard fantasy land (12-01-2010) :

"The Brain" heads up poker machine proves to be remarkably resilient, beating the best minds in poker over a large sample. When the limits are raised to 200/400 Hoss tbf flys to vegas and enters the Bellagio and plays it days on end only to break even until he tires and begins to lose. And so the machine sits outside the poker room unplayed and unscathed save a few suckers from time to time. The stakes are raised to any that the tourist wishes to play, from .50/1 to 500000/1000000. A billionaire is reported to have lost 4 million on may 23, 2011 during a break from highstakes craps. One day at the poker table Ivey is asked if he would play heads up nl omaha by a young upcoming susperstar from norway and Ivey responds that he would play anybody. The kid says I bet you wouldn't play the brain smugly. "Who's that?" asks Ivey. The kid points to the machine. Ivey says sure and spends the next 45 minutes inserting a giant wad of hundreds and over the course of the next 28 hours he beats it for 300 million dollars infront of the ever growing massive crowd of spectators. Finally after being down 324 million dollars and 28 hours of poker, The Brain ask Phil Ivey if he would let him play on credit. A fat executive hobbles out of the crowd red faced and screams hell no! and pulls the plug.


That's exactly what could happen if Phil Ivey was met to play Texas Hold' Em Heads Up Poker machine "The Brain".  This funny story was written by spaceman Bryce on the twoplustwo poker forum.
http://forumserver.twoplustwo.com/29/news-views-gossip/heads-up-poker-machines-raise-limits-929205/index2.html



It's nice to see that Phil Ivey's dominance made him a mythological figure just like Chuck Norris. 

Now you can say that Phil Ivey is the Chuck Norris of Poker.


Originally published in: http://www.heads-up-fixed-limit-texas-hold-em-poker.com/2013/10/phil-ivey-vs-brain.html