Casino Beats London

4/10/2022 admin

#18 of 22 Casinos & Gambling in London '. Their names The bar was a lovely place with lots of comfy sofas and very roomy, far enough away from the casino so you could easily hear your conversations, music was low enough and a very friendly atmosphere.' Portuguese depth for Tom Horn via Casino Solverde. All Land-based Online Slots. On the spin – Slot launch round-up. When the CasinoBeats Summit returns to London in September, it will do so with leading operators at the forefront as the event hosts up to 1,000 senior executives from across the worldwide online casino sector, according to a report from SBC News, owner of the CasinoBeats.com news site and producer of the event. The second staging of the CasinoBeats Summit online casino conference. It is now just a few weeks until the international online casino industry comes together at the inaugural CasinoBeats Summit, taking place at Olympia London on 19th and 20th September. As the event draws nearer, more operators and suppliers are committing to the two-day Summit, which will welcome over 250 delegates and 30 leading industry.

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]

^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.
^ ^a^b^cBowden, 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.

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Don_Johnson_(gambler)&oldid=994262187'

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!

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.

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.