I cant prove it, but I believe this is what is going on.
xpanda said:
Just doing a little research into Frist's Harrah's connections and stumbled upon
this blog entry hypothesising how Harrah's will capture the poker market and literally bankrup the WPT.
Thoughts?
There likely to do more than that. BUT, between point A and B there is a lot of regulation and paperwork to be developed, filled out and what not.
The more money in play, the more people in the way, looking to get there piece as always.
On the International front however, all the winners and losers have already been choosen. All of the BIG, BIG boys and there associates have been in private partnerships for some time now, via stock ownership and other related buisness interest not related to gaming per say.
They are all avid horse players and in the "Lesiure Time" away from work, move a great deal of money around the world, in a good ole boy network
kinda of way. A modern day exchange for "Members Only," if you will.
I can no way prove what I just said above, but its what I believe.
All you need to do is find out who some of the big boys are and buy the stocks they have. First look to Australia as there is a solid infrastructure in place and excellent working relationships among the members. Sportingbet was and still is a huge player in this chain and is the key company or company personel, you want to keep an eye on. Of course this includes the UK, which then starts to include the "Related Services" companies. Pay key attention to employee movement and where developmental money is being spent. Not developmental talks, but money. Talks are happening fast around the world now, because these guys have been doing buisnes for years, and now have to try and figure out, HOW TO DO IT OPENLY. When it comes to gaming at least that is. Makes the stock look very enticing for speculators with the cash to do so, if you know what I mean. This of course includes Canada and it also serves as a great go between there and the UK.
Most anything that springs to life fast will happen internationaly first and eventually be the key american componets. It will happen fast for the reasons mentioned above, plus things are becoming regulated by the minute, Every Where else, but in AMERICA.
As long as you pay you taxes, just like them I am sure, you are good to go.
Then of course over to Asia and likely Hong Kong first or wherever the big race tracks are anywhere over there and then back round to Australia.
What you have is around the clock exchange, so to speak, where the memebrs turn over and over and over, there pocket money so to speak.
All men bet on something after work, one way or another in this industry. Believe me when I tell you. At the end of the day, there no different than you and I. They need action they can not control, that presents a challenge at the same time, to get thru to the end of the night, just like everyone else.
The prized goal in all this is of course Antigua/Barbados. The thorn in the US's side itself. Its prized not only for its other diversions, but its not all that far from Maccau and thus presents a nice diversion for people from other parts of the world, thus creating a BALANCE. There is a super duper ton of money on the table for them, if they want it. They are US trained as it is, in certain aspects of gaming regualtions and need but only apply that training, to ask the US for help, and make Costa Rica the equivalent of Freemont street, here in downtown Las Vegas.
Thats just to start.
Through the vehicle of this international ring I am speculating about, the offshores have been surronded for awhile now in my professional opinion and its only a matter of time, that they do out there, what they did in Vegas.
They started in, in earnest in about the fall of 88, once they had there Rico ducks in a row, a scant 18 years ago.
History is simply repeating itself.