Sharks Of Gambling Industry : Part 1

Behind the phenomenon of gaming industry, there are definite individuals. The attitude to them is uncertain. Some people consider them to be talented businessmen, respect them and study on them. Others, alternatively, condemn them. Potentially is only one thing : these เล่นเกม SLOT ให้ชนะทุกครั้ง people are extraordinary, often venturesome, but at the same time they have business acumen, feel the demands of time, they can correctly estimate the potential of their future enterprises. Particularly such people gain quantities from gaming industry.

Sheldon Adelson
Presently he is the most wealthy representative of the gaming industry. He owns the corporation «Las Vegas Sands», which controls the casino-hotel «Venetian» in Vegas and и «Venetian» in Macao. Living of Sheldon reminds of a conventional story about an American dream. The future billionaire appeared in 1933 in Boston in a poor Jewish-Ukrainian emigrant family. He had to work since early childhood. He earned his first money by selling newspapers on the streets. Practically without any education, the self-made man Sheldon became one of the best financiers in north america. While working as financial counsellor, he breathed new life into more than 50 companies. Adelson was one of the first businessmen who believed in the future today technologies. The international show-exhibition of IT-technologies “COMDEX” was his brainchild. In 1995 he sold it to the Western for 860 mln dollars.

The businessman visited the gaming market in 1989 buying the casino-hotel “Sands” in Las-Vegas, which was earlier owned by Frank Sinatra. Knowing that one more casino in Vegas is slight and that is why relatively unprofitable, he decides to transform the main city of gaming into the international business center, in order to attract rich entrepreneurs (potential players) to his casino. Within several years Adelson built the business middle «Sands Expo». In 1991 he invested one and a half billion dollars for building the casino-hotel «Venetian». The new casino was targeted not only at players, but also at businessmen who visited his home based business center. As many experts acknowledge, “Venetian” is one of the most beautiful casino-hotels in the world. There are more than 4000 rooms, 15 restaurants, a trade center (emporium), and all this is in the setting of Venetian channels, with gondolas wind-surfing and gondoliers vocal skills their famous songs. In 2004 Adelson opened the casino “Venetian” in Macao, the first casino of Las vegas input Asia. In May 2006 he managed to secure a permit for building a casino in Singapore, which will presumably be opened in ’09. It is planned that more than 3 billion dollars will be invested into its construction.

At the moment, according to “Forbes”, Adelson’s fortune is 16. 1 billion dollars, i. e. he is number 14 in the world rating of the most prosperous people of the planet.

Kirk Kerkorian
This figure of gaming industry can be without exaggerations called the most experienced and sophisticated. He is the living legend, one of the “fathers of Las Vegas”. Kirk appeared in 1917 in the town of Fresno (California) in the family of Armenian emigrants. In his youth he was make an effort to engaged in boxing and took part in in single battles, but at the age of twenty-two all of a sudden he decided to quit sport : the desire to learn to fly enthralled his entire personality. During WW II Kirk became a pilot of British noble air force. Upon returning to his homeland, in 1947 he paid 60 thousand dollars and bought a small air company that specialized on hire travellers between Los angeles and Las vegas. He abandoned ecommerce only in 1968, having sold it for 108 mln dollars. Frequently visiting Vegas, he acknowledges the huge potential of this city. In 1962 Kirk buys 80 massive areas of land on the famous The Rob, not far from the legendary casino “Flamingo”. The land at that time cost him 960 thousand dollars. The investment was not vain, approximately at this time there started the gaming increase and many companies became interested in gaming industry. The renowned casino «Caesars Palace» is built on his land, which he grants on hire. In 1969 he sells it, having thus earned more than 9 million dollars.

In 1967 Kirk buys 82 more massive areas of the “precious” land and builds «International Hotel», which was the biggest hotel in the world at that time. In order to make the hotel popular and attract potential players, Kirk hires Elvis Presley for events. At that time he also buys the casino “Flamingo”, which he resells in 1970 to the corporation “Hilton”. 1973 was crucial for Kirk. He invested most of his assets into buying the film dojo “MGM” and builds the casino-hotel “MGM Grand” under the brand of his new company. Now this hotel becomes the biggest in the world. At the moment Kirk Kerkorian owns the corporation «Tracinda», which has the controlling stock of «MGM Mirage» (casino in Nevada, Nj-new jersey, Macao etc). Kirk’s interests are not limited in order to gaming industry. He owns 10% of the shares of «General Motors». All this allows him to be number 53 in the «Forbes» world rating, having the fortune of 8. 7 billion dollars.

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