Do wealthy and rich people gamble?

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Tedlark
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Re: Do wealthy and rich people gamble?

Post by Tedlark »

Back in 1997 I was at the old Empress Casino in Joliet, IL. I started the night playing video poker and eventually made my way over to a craps table. I wasn't really paying too much attention to the other players at the table when I heard a relatively familiar voice two positions to my right. I took a better look and it turned out to be Vince McMahon, owner of the then World Wrestling Federation. They were doing a show the next night in Rosemont, IL. He eventually cashed out somewhere in the mid 5 figures and last I saw him, he was filling out tax forms at the cashiers cage. On a side note: when Randy Poffo was in town I would occasionally run into him when working out at the old nearby Bally Total Fitness. Randy Poffo was better known as Randy "Macho Man" Savage. No, The Lovely Elizabeth was never with him. Very nice guy who would always talk with us gym rats.

stevel96a1
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Post by stevel96a1 »

i guess its a bigger question i initial thought, first theres 7 billion people in the world now we break those into poor/middle/rich but suppose the poor make up 70% of the totem pole, thats alot of people 60% over 7 billion, now the question creates another one what % of 60% of poor gambles? 1/2 of the 60% of poor? or more? maybe less?

if i had to guess(and my first guess is usualy wrong) id say over half of that 60% gambles
as for middle class and rich that 30% id imagine 10% gambles it up, either they don't like to gamble, they have mountains of cash piled up much like scrooge mcduck like in duck tales swimming through gold so if they lose they regenerate within a week, theres are all wild guess i think the us gov knows the answer but choosing not to make it public?

money and people's career is a funny bird and very relative to everyone what's 10$ to one man might be 0.0000000001 cent to another man

Carcounter
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Post by Carcounter »

olds442jetaway wrote:
Tue Dec 24, 2019 10:06 am
Michael Jordon comes to mind. Met him at Mohegan once. If interested just google him about the gambling
Yes he liked to gamble. Many years ago, saw John McCain at a craps table at the Bellagio

tech58
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Post by tech58 »

Many, like 40, years ago i loved to watch the whales,mostly oriental, play baccarat at Caesars in vegas.
Wild jumping up and down, tearing cards, loud oriental profanity, large chips that looked like small hubcaps (up to $250K as i remember it) many millions on the table at a time. Right on the main floor and great fun to watch.
Probably in private rooms now. I saw no signs of it last time i was in there probably 20 years ago.

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