Real Oceans Eleven: Crown Casino Victim of $33 Mil

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MSINIWRAD

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pretty crazy...wonder if they pulled it off at a few other places first and got away with it...prolly got greedy
 
imboosted

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Thats insane! like something out of a movie
 
FF00h

FF00h

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It's like Ocean 11 in real life :)
I hope that they will never punish him - he earned it.
 
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JUDGE1018

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Its crazy the casino made 181 million profit,mostly from asians.
 
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postflopper

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I dont get it, they said the casino suffered the losses, but if it was a poker game, shouldn't the other players be the one that lost?
 
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rawone

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I dont get it, they said the casino suffered the losses, but if it was a poker game, shouldn't the other players be the one that lost?

I think that the casino may have paid out the losing players. They would be pretty much on the hook anyway, considering it was their own installations that were breeched.
 
OzExorcist

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I dont get it, they said the casino suffered the losses, but if it was a poker game, shouldn't the other players be the one that lost?

That's because it almost certainly wasn't poker that they were playing - pretty solid bet that it was baccarat. Poker is pretty uncommon in the private salons (and a poker game with $32 million on the table is pretty much unheard of) whereas baccarat is a standard game up there and a favourite game with whales. Also note the photos in the article are of a baccarat table, not a poker table (look closely).

I think the UK version of the article just got lazy and assumed it was poker based on the photos or phrases like "hands of cards".
 
JusSumguy

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Real Oceans Eleven: Crown Casino Victim of $33 Million Scam

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We really couldn't believe this story was true when we first read it. The Crown Casino in Melbourne, Australia, home of the annual Aussie Millions and a variety of other high-stakes poker tournaments throughout the year, was the victim of a high-tech scam that cost it a reported $33 million.


We'll let Australia's Herald Sun newspaper sum up the misgivings: "Remote access to the venue's security system was given to an unauthorized person. Images relayed from cameras were then used to spy on a top-level gaming area where the high roller was playing. Signals were given to him on how he should bet based on the advice of someone viewing the camera feeds." An earpiece was used to relay the information among the individuals involved.

Crown officials identified the main culprit, according to MSN and CNBC: "They said the thief has been identified in their surveillance footage and banned from their casinos. They also said a member of the casino's VIP staff who was assigned to look after the gambler has been dismissed, but they did not say if the staff member was involved in the heist." Despite the high-tech heist, Crown officials have said they expect to recover much of the stolen money, although whether that will actually occur remains to be seen.

The team at the Crown apparently picked up on the problem "over eight hands of cards played in a short space of time," according to multiple reports. What casino game was involved and whether more than one person perpetrated the stealing were not clear.

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Did casino officials not pick up on $33 million in bets? Did the large amounts won over what could have been a truncated period of time not send up red flags? Linda Hancock, who has written a book on the Crown, told the Australian Broadcasting Corporation, "They're bringing these people in, especially from Asia, they're bringing premium players in. It's not uncommon for these big whales to be betting those sorts of amounts."

According to the same news source, the main thief has fled Australia and is now banned for life from the Crown Casino. One expert told the Australian Broadcasting Corporation that he wasn't too optimistic about the money being recovered: "I'm pretty confident that unless they were holding some of the money in safekeeping for say AUSTRAC (Australian Transaction Reports and Analysis Center) for tracking that once they got the punter off of their property, chances are zero that they'll get any money back that's in his possession."


Copyright: pocketfives.com
By: Dan Cypra
Published on Mar 17th, 2013


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OzExorcist

OzExorcist

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Yeah - with regard to the sheer amount of money taken, I've been hearing it referred to as a "medium sized amount" for a casino the size of Crown.
 
doncaster

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crown

I live here in Melbourne,play often downstairs in the poker room and remember the story well.We were shocked/surprised to hear what happened but it is July now and there has been no follow up in the news.
 
Michael Paler

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It's like Ocean 11 in real life :)
I hope that they will never punish him - he earned it.

So if someone stole all your money, you would figure that it's ok, they deserve it?

Awful nice of you.
 
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profviru

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Yeah, that's alot of money, to not get on someone radar. I don't know how this actually played out. But definitely out of a movie or something it seems. Big George Clooney fan?
 
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what is going on with these casinos. Didn't a london casino just accuse Phil Ivey of cheating? It had to be an inside job and it wasn't the dealer or maid. It would have been pretty high up on the food chain.
 
OzExorcist

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So if someone stole all your money, you would figure that it's ok, they deserve it?

Awful nice of you.

But they stole this money from the casino, not another person, and everybody knows casinos aren't real people with feelings :p
 
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