These astronomical perks are just par for your course in terms of ‘duchessing’ the top rolling ‘whales’ of the gambli-ng world who are able to bet as much as $300,000 a hand.
Practicing duchessing stumbled on a head in the week when 18 Crown employees were arrested in China for organising gam-bling activities for Chinese Nationals overseas.
Sources revealed the workers are known to tempt high rollers, or whales since they are known in the marketplace, with seven-figure lines of credit and assist them with applying for Australian visas to come to Australia to ga-mble.
Anna Smith*, worked as a VIP services manager, looking after high rollers for the major c-asino. It was actually Smith’s job to make sure the whales were well looked after.
“My goal was to make certain they stayed put in the city in which the cas-ino was located,” she says.
“That they had use of free activities, VIP tickets to shows and special occasions, a choice of private parties, and the opportunity to meet and greet celebrities that nobody else might get near.
“The casin-o could flex its muscles and obtain them anything they wanted, just if they extended their stay and continued to ga-mble.”
The duchessing of whales has become occurring for a long time. Within the late 1970s Brian Twomey was the marketing manager for exclusive London casi-no Crockfords.
Located within Mayfair, it was (and stays) the level of place where James Bond could have felt in your house, a gaming house that was a world away from the tacky glitz of Australia’s poke-r machine dens.
“Our high rollers were induced by offers of the best seats at Wimbledon, a race day at Ascot, or perhaps a ski escape to St Moritz,” says Twomey.
Nowadays the stakes are already raised and c-asinos will stop at absolutely nothing to harpoon a whale and drag it to the baccarat. Sydney’s Star Ca-sino recently purchased a $ten million yacht for high-rollers to enjoy the harbour with cocktails and canapes. They remain in a penthouse suite which will come using its own butler, and obtain driven around in the Bentley or Rolls.
Back 2005, Crown Melbourne ploughed $10 million into keeping one among its whales happy, however in hindsight it was a profitable little earner for casin-o.
The whale, Harry Kakavas, a genuine-estate salesman who made his fortune flogging houses about the Gold Coast, gam-bled $1.5 billion in the little over twelve months, throwing it away $300,000 a hand in the baccarat tables, until he is in the red for over $30 million.
Being a major whale, Kakavas was courted such as a superstar. Crown flew him overseas on holidays inside their private Learjet, as well as left him gift boxes containing $50,000 to offer him a jump start at the tables. In a single flurry, the compulsive ga-mbler lost $2.3 million in less than thirty minutes.
As well as in 2014 James Packer put his hand within his pocket for 3 luxurious Bombardier Jets on the tune of $US100 million, to ferry around his VIP Asian customers in design and luxury.
“They really do get spoilt rotten however the flip side is simply because they almost single-handedly float our hospitality industry some weeks,” admits Smith.
The game of choice
It’s all a relative drop within the ocean when you consider that in 2015-16, high-rollling gambl-ers wagered around $115 billion at Crown and also the Star’s VIP tables. While bl-ackjack as well as the roulette wheel are both popular choices with good rollers, it’s with the baccarat table that this really huge cash is won and inevitably lost.
Baccarat became popular in 19th century France and continues to be the overall game in the whales. The major numbers resulted in highest returns, with all the house needing an astronomic turnover to justify the offering.
The game is very simple: Each hand dexmpky76 2 or 3 cards, using the nearest to nine the winner. Court cards count as zero so when a sum goes beyond nine the value returns to zero.
So, by way of example, a set of cards 4 and 8 has a worth of 2 (not 12) while 6, 7 and 6 possess a worth of 9 (the perfect score) not 19.
In 2000, the most significant whale in Australia’s history, Kerry Packer lost $33 million more than a three-day period, playing baccarat in the Bellagio.