The 2nd edition of the Casino Beats Summit kicks off today at the Olympia in London, and we are pleased to announce that a member of our top-level management, Shino Besson, is attending this event and is also on the board of speakers!
- A London casino refused to pay Phil Ivey $12.4 million, saying he essentially kept track of card values by watching for design imperfections on the backs of the cards during the game of baccarat.
- Empire Casino These aren't just places to try your luck at beating the house – with restaurants, bars, music and theatre all packed in, a night out at a London casino can be so much more.
The summit, which shall take place between the 17th and the 19th of September, will run alongside the Betting on Sports Week which is being held at the same venue. The conference and exhibition will provide the opportunity for gambling operators, affiliates, suppliers, payment providers and regulators to network and share their insight on various opportunities and obstacles that the industry is currently facing.
Don Johnson (born 1962) is a professional gambler, blackjack player, and former corporate executive, who beat Atlantic City casinos for over $15 million during a six-month period in 2011. At age 30, Johnson was hired to manage Philadelphia Park, a racetrack that evolved into the Parx Casino. After managing that and other racetracks.
Shino Besson, our Operations Manager for the Japanese team at Game Lounge, will be amongst the speakers, well-prepared to share her insight on the opportunities presented by the integrated casino resorts that are about to open up the Japanese market.
Other items on the Casino Beats agenda include the exploration of new horizons, digital marketing, problem gambling and product innovation. Of course, attendees will have plenty of opportunities to network during the drinks and official parties that will be held as part of this event.
If you are also attending the Casino Beats Summit and you wish to meet Shino, feel free to contact us herefor an appointment.
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| Born | Donald Johnson 1962 (age 57–58) |
|---|---|
| Occupation | Corporate executive Blackjack player |
Don Johnson (born 1962) is a professional gambler, blackjack player, and former corporate executive, who beat Atlantic City casinos for over $15 million during a six-month period in 2011.[1][2]
Gambling[edit]
At age 30, Johnson was hired to manage Philadelphia Park, a racetrack that evolved into the Parx Casino. After managing that and other racetracks, he served as a state regulator in Oregon, Idaho, Texas, and Wyoming. In the early 2000s, he founded Heritage Development, a Wyoming-based company that uses computer-assisted wagering programs for horse racing.[3]
During the financial crisis of 2008, casinos became desperate to entice high rollers. In 2010, Johnson was made offers to play at the highest stakes. He negotiated several changes to standard casino blackjack in order to gain a mathematical edge.[4] These changes included dealers being forced to stay on soft 17, a 20% rebate where casino would refund 20% of his losses (20 cents to every dollar) for losses exceeding $500,000, six decks, re-split aces, and others.[5]
During a 12-hour marathon at the Tropicana, Johnson recalls three consecutive hands where he won $1.2 million, including one hand where he profited $800,000. Johnson bet $100,000 and was dealt two eights, which he split. Surprisingly, another two eights came, and he split again, wagering a total of $400,000. He was then dealt a three, a two, another three, and another two on the four hands, allowing him to double down on each hand. He was now wagering a total of $800,000. The dealer busted and Johnson ended up winning $800,000 in profit.[3]
Under these conditions Johnson was able to beat Tropicana out of nearly $6 million, Borgata out of $5 million, and Caesars out of $4 million. His total profits neared $15.1 million and seriously hurt casino profits. Though not banned from Tropicana and Borgata, the two casinos stopped Johnson from playing under those conditions and limits, while Caesars effectively banned him from playing.[3]
References[edit]
Casino Beats London Uk
- ^Donald Wittkowski (May 23, 2011). 'Meet the blackjack player who beat the Trop for $6 million, Borgata for $5 million and Caesars for $4 million'. Press of Atlantic City.
- ^Alan Farnham and Susanna Kim (March 21, 2012). 'Blackjack Player Who Won $15 Million From 3 Casinos Reveals How'. ABC News. Retrieved March 4, 2014.
- ^ abcBowden, Mark (February 27, 2012). 'The Man Who Broke Atlantic City'. The Atlantic.
- ^'This Man Won $15M at Blackjack, How Did He Do It?'. Bloomberg. January 21, 2014.
- ^'Don Johnson #2: How He Beat Blackjack'. AP Heat. March 8, 2013.
Other items on the Casino Beats agenda include the exploration of new horizons, digital marketing, problem gambling and product innovation. Of course, attendees will have plenty of opportunities to network during the drinks and official parties that will be held as part of this event.
If you are also attending the Casino Beats Summit and you wish to meet Shino, feel free to contact us herefor an appointment.
Best Casinos In London
| Born | Donald Johnson 1962 (age 57–58) |
|---|---|
| Occupation | Corporate executive Blackjack player |
Don Johnson (born 1962) is a professional gambler, blackjack player, and former corporate executive, who beat Atlantic City casinos for over $15 million during a six-month period in 2011.[1][2]
Gambling[edit]
At age 30, Johnson was hired to manage Philadelphia Park, a racetrack that evolved into the Parx Casino. After managing that and other racetracks, he served as a state regulator in Oregon, Idaho, Texas, and Wyoming. In the early 2000s, he founded Heritage Development, a Wyoming-based company that uses computer-assisted wagering programs for horse racing.[3]
During the financial crisis of 2008, casinos became desperate to entice high rollers. In 2010, Johnson was made offers to play at the highest stakes. He negotiated several changes to standard casino blackjack in order to gain a mathematical edge.[4] These changes included dealers being forced to stay on soft 17, a 20% rebate where casino would refund 20% of his losses (20 cents to every dollar) for losses exceeding $500,000, six decks, re-split aces, and others.[5]
During a 12-hour marathon at the Tropicana, Johnson recalls three consecutive hands where he won $1.2 million, including one hand where he profited $800,000. Johnson bet $100,000 and was dealt two eights, which he split. Surprisingly, another two eights came, and he split again, wagering a total of $400,000. He was then dealt a three, a two, another three, and another two on the four hands, allowing him to double down on each hand. He was now wagering a total of $800,000. The dealer busted and Johnson ended up winning $800,000 in profit.[3]
Under these conditions Johnson was able to beat Tropicana out of nearly $6 million, Borgata out of $5 million, and Caesars out of $4 million. His total profits neared $15.1 million and seriously hurt casino profits. Though not banned from Tropicana and Borgata, the two casinos stopped Johnson from playing under those conditions and limits, while Caesars effectively banned him from playing.[3]
References[edit]
Casino Beats London Uk
- ^Donald Wittkowski (May 23, 2011). 'Meet the blackjack player who beat the Trop for $6 million, Borgata for $5 million and Caesars for $4 million'. Press of Atlantic City.
- ^Alan Farnham and Susanna Kim (March 21, 2012). 'Blackjack Player Who Won $15 Million From 3 Casinos Reveals How'. ABC News. Retrieved March 4, 2014.
- ^ abcBowden, Mark (February 27, 2012). 'The Man Who Broke Atlantic City'. The Atlantic.
- ^'This Man Won $15M at Blackjack, How Did He Do It?'. Bloomberg. January 21, 2014.
- ^'Don Johnson #2: How He Beat Blackjack'. AP Heat. March 8, 2013.
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