How many stories do you know about gambling companies or players? GBC Time has listed the top scandals that turn the whole industry upside down. This article includes various scandals about operators, companies, gamblers, and casinos.
Gambling is a favorite activity for those, who like to take risks to get their luck. But sometimes players want to trick the casino to get lucky by themselves. During the decades, casino players tried to fraud. GBC Time has listed the loudest and the most legendary scandals in the gambling industry.
Tommy Carmichael steals millions from casinos by using ‘monkey’s paw’ and the ‘light wand’
Tommy Carmichael was stealing millions from casinos by using different features to trick the slot machines. Carmichael created the ‘monkey paw’ and ‘light wand’ features to hack the slot machines. When the security systems at the casinos were getting stronger, Tommy Carmichael was improving his technologies and tools.
However, his legendary fraud story did not last so long. In 2001, the FBI started an investigation case against him. He was locked in prison for 326 days. Moreover, another punishment was the total ban on casino visiting.
Find more about Tommy Carmichael at the link
MIT Blackjack Team scandal
From the 1970s to the 1990s MIT Blackjack Team was using exclusive technologies and methods to overplay casinos around the world.
The team members were former students of the Technology University, Harvard, and other solid education establishments. The group of frauds is popular for its scientific strategy and approach to casino security systems.
Supposedly, the group leader got more than $10 million. After the authority got to know all the schemes and systems that were used by the team, the players were banned from casino visiting. However, some of them were still able to play in the casinos in the 2000s.
Find every single detail about the MIT Blackjack at the link
How did Louis ‘the Coin’ Colavecchio steal 750 pounds of fake slot-machine coins?
Louis Colavecchio may be known as “the Coin”. He used the fake slot machine coins to win thousands in Las Vegas casinos. He did not waste any real money.
The CoinWeek reports that in 1997 he was caught for 27 months in prison. According to the unofficial report, the police found 750 pounds of fake coins in his car while the arrest process in Atlantic City.
How slot machine glitch helped John Kane to win $500 000
John Kane did not use his knowledge of poker to win $500 000. After he discovered an error in all slot machines around the US, he could use it for the win.
Kane saw this error in the slot machines of Game King video poker.
More detailed information about John Kane is at the link
Casino employee William John Brennan walked out with $500 000 in stolen chips and cash
William John Brennan got famous for his legend plan and strategy. He could find a way to overwalk security cameras and walk out with $500 000 in his pocket.
In 1992, Brennan could walk out of the casino and no one ever found him. No cameras caught him after this.
Find more about Brennan at the link
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