2008-10-03
Last year, Sheldon Adelson, owner of the Venetian and Palazzo, was listed as the third-wealthiest person in the Forbes 400. Only Warren Buffett and Bill Gates had more! A recent New York Times article noted the stock of Las Vegas Sands, his primary source of wealth, is down 70%. How big a hit did he take personally and how far did he drop on the list?
2008-10-02
I read that a federal jury awarded $729,000 to a "victim of patron abuse" by the Hollywood Casino in Tunica, Mississippi. It seems that the player was suspected of counting cards and security guards demanded identification. The player refused. Then the guards took the player to a back room and called the local police. The deputy, siding with the casino, allowed the guards to take the player’s ID, then arrested him for disorderly conduct. The player sued and the jury found the casino liable for false arrest, false imprisonment, malicious prosecution, abuse of process, and other stuff. My question is, do you think this sort of jury award will become more common as more and more players, especially advantage players, exercise their rights in the face of power-abusing casino security guards and their cozy relations with the local police? And if more players sue, will the casinos become more careful about how they treat their customers?
