Katweezel
Well-Known Member
Those were the words of Supreme Court Judge David Harper, in summing up Crown's questionable tactics in luring $35M loser - Australian, Harry Kakavas back from Vegas to Crown. The judge unfortunately found in favor of Crown and against Harry's civil dispute to try to recover some of his losses. He'd played baccarat very badly while turning over $1.5B in just 14 months; betting up to $300,000 a hand.
The judge continued: "Crown does present itself as a world leader in responsible gambling. It's relationship with Mr Kakavas does not give one any confidence that it deserves that status."
Kakavas was described as a pathological gambler had accused the casino of devising a plot to lure him back to Melbourne with cash incentives and use of a luxury jet.
On another matter, James Packer told a Crown casino shareholders' meeting that their acquisition of its 24.5% stake in the US Cannery casinos business was unfortunate in hindsight and that the acquisition was ill-timed. Crown had axed the value of all of its US investments to zero in fical 2009, retaining only its Cannery stake.
Combined revenue from main-floor gaming across Perth and Melbourne casinos was described being up about 4% on the previous corresponding period.
James has stacked on the weight lately, and with christmas upon us, he is likely to expand even more. He has been copping some flak over his recent conversion by Tom Cruise to the church of Scientology. It appears that believers can take all their money with them when they die. They can be transported to a distant planet where LRon Hubbard will welcome the UFO and usher new arrivals into paradise.
James Packer recently described his gambling business as "a national tourism asset." But Alice Springs tourism operator Don Wait said Crown was "about peoples' misery." "It might be his asset, but it's not the country's," he said.
He continued, "James obviously needs some time in the desert to reconnect with reality and morality. People come here to cleanse their soul, not get their wallets cleaned out. I think Crown casino is all about greed and huge profits at peoples' expense."
At the shareholders' meeting James said: "The casino business suffered from unfair and unjustified negative publicity. Our Australian casinos have paid literally billions of dollars in gaming and other taxes to governments."
Thank you very much, James. But I'd like to ask just one question. The billions your organization collected... from whom did you collect it? From the dumb-arse Australian gambling public of course, using every trick in the book to fleece as much as possible within legal limits. It was your company's right to do this, and make as much money as possible from mostly stupid gamblers, right? They all get exactly what they deserve, don't they James? Huh.
The judge continued: "Crown does present itself as a world leader in responsible gambling. It's relationship with Mr Kakavas does not give one any confidence that it deserves that status."
Kakavas was described as a pathological gambler had accused the casino of devising a plot to lure him back to Melbourne with cash incentives and use of a luxury jet.
On another matter, James Packer told a Crown casino shareholders' meeting that their acquisition of its 24.5% stake in the US Cannery casinos business was unfortunate in hindsight and that the acquisition was ill-timed. Crown had axed the value of all of its US investments to zero in fical 2009, retaining only its Cannery stake.
Combined revenue from main-floor gaming across Perth and Melbourne casinos was described being up about 4% on the previous corresponding period.
James has stacked on the weight lately, and with christmas upon us, he is likely to expand even more. He has been copping some flak over his recent conversion by Tom Cruise to the church of Scientology. It appears that believers can take all their money with them when they die. They can be transported to a distant planet where LRon Hubbard will welcome the UFO and usher new arrivals into paradise.
James Packer recently described his gambling business as "a national tourism asset." But Alice Springs tourism operator Don Wait said Crown was "about peoples' misery." "It might be his asset, but it's not the country's," he said.
He continued, "James obviously needs some time in the desert to reconnect with reality and morality. People come here to cleanse their soul, not get their wallets cleaned out. I think Crown casino is all about greed and huge profits at peoples' expense."
At the shareholders' meeting James said: "The casino business suffered from unfair and unjustified negative publicity. Our Australian casinos have paid literally billions of dollars in gaming and other taxes to governments."
Thank you very much, James. But I'd like to ask just one question. The billions your organization collected... from whom did you collect it? From the dumb-arse Australian gambling public of course, using every trick in the book to fleece as much as possible within legal limits. It was your company's right to do this, and make as much money as possible from mostly stupid gamblers, right? They all get exactly what they deserve, don't they James? Huh.
