Casino Whales. They’re Big All Right.

Gambling Whale Stories, online casino biggest bonus ohne einzahlung deutschland, nx slot feature, casino 770 gratuit telecharger. Stories Of The Top Casino Whales Of All Time Adnan Khashoggi – an international arms dealer that stiffed the Ritz Casino in London, England for over £3.2M over 12 visits to the casinos in the 1980’s. My story takes place in the city of Tbilisi (Georgia), where I lived for three years with my father. We used to go to the casino in the city often, but I’ll never forget this one night because the next day we had to catch a plane to Italy to attend my sister’s wedding.

Have you ever heard of a strange creature called a Casino Whale? This isn’t something you’re likely to see surfacing off the coast of Vancouver or the Cape of Good Hope. These boys and girls are to be found in the gambling palaces of Las Vegas, Macau and Monaco and they are BIG. Big Spenders that is, and the casinos love ’em.

Gambling Whale Stories Games

Let’s take a look into their mysterious world, shall we?

Casino Whales is an industry term for big spending high rollers in the world of gambling. These players can regularly bet hundreds of thousands or even millions of dollars in a single session.

If you follow movie trends, you might think that roulette and poker players make up most of the numbers (something to do with the James Bond film perhaps?) And yes, there are many roulette whales, but the game of choice for your typical Casino Whale is baccarat, particularly in Macau. One of the world’s most famous whales, the late Kerry Packer, probably had a lot to do with this statistic.

In April 2017, a group of Casino Whales won $10million at the Wynn Palace Macau. Ouch!

Casino Whales have been known to bet as much as $5 million in one night – you can see why casinos bend over backwards to try and entice them through the doors. They are a double-edged sword though- some businesses over the years have had to issue profit warnings too their shareholders after a lucky run from one of their high roller punters.

In July 2017, for example, Casino tycoon Steve Wynnreported during a conference call with stock analysts, that a group of Baccarat Whales won $10 million in his Wynn Palace in Macau in April 2017. The win even shocked the casino billionaire. One of his leading casinos lost money for the entire month.

How to Fish For Casino Whales

So how do you attract a whale to your casino? They can be slippery, elusive mammals.

Well, lots of free stuff helps like free luxury limos, cash back on gambling losses, and a free credit card to shop with – that’s always good for persuading the other half to come along for the ride.

You might want to to organise a private concert with one of the Whales favourite bands, and you’ll need somewhere flash for them to stay such as the penthouse suites in the Cosmopolitan. If you bet big enough, you’ll be staying for free (a so called “comp”) or you at least get a fat discount.

The Nobu Penthouse at Caesars. Not too shabby.

If you want whales, you’ll also need a special place for them to play as they only like hanging out in smaller pods (with other whales mostly). So make sure you have some swish VIP tables, and string some purple rope across the entrance with a few big bouncers on the door.

Whales Like to Eat

Joël Robuchon in the MGM Grand should sort the Whales out from the Minnows. It has 3 Michelin stars and a meal here will set you back around $500. Unless you go crazy on the wine list, in wish you are looking at a considerably higher price tab.

Joël Robuchon

These whales don’t care much for plankton, but they do like their grub, so if you want them in your casino, you’ll need some fancy restaurants, preferably with some Michelin Stars. A meal will probably set you back about $500 by the way, but if you’re a Whale, you might get a freebie.

Other things to pull out of your hat include amazing views of the Strip, an exclusive check-in service, and guaranteed privacy during their stay,

Oh, it’s a Whale’s Life alright!

In high stakes gambling, there are two terms which you should understand:”whale” and “high roller”. Generally, it’s assumed that a high roller is someone with a gambling budget of $100,000 to $1M for a regular 3-day weekend visit to the casino.

The casino will consider you a whale if you begin to get over the $1M bankroll mark. Whales have a normal budget of $1M to $20M and could easily be up or down millions in a weekend. Their bets are usually more than $25,000 per hand and take delight in the very best freebies, comps, and other perks from the casino.

Approximately, there are probably less than 200 mega whales, whose bankroll is more than $10M, throughout the world. That’s why many casinos are aggressively competing to win this market segment to achieve a large effect on their profits every quarter. Below we’ve compiled a list of the biggest whales of all time.

List of Well Known Las Vegas High Rollers

Adnan Khashoggi

Adnan is the son of the personal physician to the Saudi King and a global arms dealer. In the 1980s, he has spent more than £12M in the Ritz Casino in London. He’s known to spend long amounts of time playing on the casinos in London. He mainly played Baccarat during his gambling sprees.

Archie Karas

When he arrived in Las Vegas, Archie had only $50 in his pocket. He somehow managed to run this up to more than $40m before losing it all. His fascination with Craps allowed him to make a huge run, though he’s an ardent poker player. He had made multiple visits to casinos in Las Vegas until to this day.

Akio Kashiwagi

Akio is perhaps the largest gambler to ever visit Las Vegas during the 1970s-1980s. He was a brave Baccarat player that won’t hesitate to spend $100,000 to $200,00 per hand during his sessions. In 1992, he was found murdered in his house in Japan and his death was linked to organized crime.

Charles Barkley

Former NBA star Charles Barkley is a self-professed gambler who loves to play Blackjack. Throughout his gambling career, he lost close to $30m. He usually stays on the main open floor of the Wynn Casino and allows people to watch him play.

“Sir Charles” opens up about his gambling.

Don Johnson

Don became popular after the media reported on how he won close to $15M from two different casinos. It became apparent that the casinos made a mistake and provided Don a comp plan that essentially flipped the house edge to his advantage. This unexpected luck allowed him to collect large winnings playing blackjack.

Fouad al-Zayat

Known as “The Fat Man” Fouad is estimated to have lost more than $42M on his 12-year gambling spree. This Syrian businessman had visited some of the top casinos in London for more than 600 times during his gambling spree. One casino sued him for bouncing a checks for millions in gambling debt- according to him he’s stopped now.

Kamel Nacif

Nacif is a prominent businessman in the textile business in Mexico and he’s known to take trips to Las Vegas many times every year. As with most whales, he mainly plays Baccarat, wagering as high as $200,000 per hand. He’s famous for his hair-trigger temper every time his luck turns out bad during his sessions.

Kerry Packer

Packer is an Australian business magnate and known to be one of the most fearless gamblers of all time. He’s not afraid to risk tens of millions on each session he played. He won a lot and his estimated winnings reached $9m from Hilton Las Vegas in 1992. It’s also rumored that he won $33m on this particular session at MGM.

Larry Flynt

Founder of Hustler adult magazine, Larry is a frequent visitor to Las Vegas for decades. His main game is Blackjack and risks up to $50,000 per hand in every session. He moved to Hard Rock and other hotels when new hosts of Las Vegas Hilton courted his action with generous comps.

Mo Chan

Mr. Chan went on a notorious run in Australian casinos amassing $10M from the table playing Baccarat at $300,000 to $500,000 per hand. This Chinese native high roller apparently had a falling out with the casino when they restricted his game and he promised never to come back.

Phil Ivey

Phil Ivey is the personification of a true gambler and possibly, the best poker player of all-time. He’s known to take “crap tours” worldwide where he visits more than five casinos in various places. He gambles more than $100,000 per roll on the craps table and is said to play Baccarat up to $200,000 per hand.

Phil Ivey video on beating casino for $30 million!

Ramon DeSage

Ramon DeSage is perhaps one of the most prominent gamblers of all time to ever visit the Strip. This very famous whale was charged in a Fraud scheme by the US Government. From the money he obtained from his frauds, he wagered and lost almost $175M in different Las Vegas casinos.

Sultan Of Brunei

This monarch is known to be a passionate gambler in London and Las Vegas. He’s known to lose $1M daily inside casinos. He mainly played Baccarat and go on secret trips where he would spend a long time playing at the tables and enjoying all the comps given by the casinos.

So where do these big dogs play? While some are discreet, others enjoy these high limit Vegas card rooms. You never know who you will run into in Sin City.

5/

Gambling Whale Stories Caught

5(2votes )

About

Tim Schmidt is an Entrepreneur who helps companies grow their online business. A firm believer in creating great content, he founded AllWorld.com to empower world travelers. You can also find his work published at the Huffington Post, Social Media Today, and many other online journals. His latest claim to fame is having his footage of feeding giant crocodiles in Costa Rica featured on Animal Planet. Visit his official site to learn more about him.

Gambling Whale Stories Games