Former WSOP Main Event Champ Arrested in Undercover Prostitution Sting
Greek myths mirror real life with stories of success and debauchery, pride and humiliation, and secrets that lead to results that are dastardly. We all keep in mind poker pro Mike ‘The Mouth’ Matusow’s 2003 cocaine arrest that eventually led up to a stint that is six-month Clark County jail on charges of felony control with intent to sell. In reality, the list of poker player scandals, maybe not surprisingly, is colorful indeed, and you can now add 2004 World Series of Poker Main Event champion Greg Raymer compared to that list: he ended up being arrested in very early March after responding to a ad that is website prostitutes. Unfortuitously he was nabbed, one presumes, when he showed up to meet his hooker at a police-selected hotel for him, the ad was a sting set up by North Carolina police, and. Raymer is married, and was allegedly searching for some action on the part. Even though story originally stated that it in fact was a prostitution that is male, that apparent mistake had been quickly amended. Whoops.
Tale Hook
Wake Forest, North Carolina police say that 48-yr-old Raymer ‘was one of six men whom responded to an advertisement posted by undercover police on a website often employed by prostitutes.’
Wake Forest police chief Jeffrey Leonard included that ‘the locations prostitutes choose for this type of unlawful activity differ, and seldom remain the same for more than a day or two at a right ti (more…)
No Smoking Revel Going Up in Smoke with Bankruptcy
No Smoking Revel Going Up in Smoke with Bankruptcy
Just times in short supply of a year since it launched to great fanfare, Atlantic City’s no smoking casino experiment Revel is looking to declare bankruptcy, according to federal securities regulators’ disclosure statements the casino filed early in the day this week. Through the magic of high finance sleight-of-hand, some $1.5 billion in staggering financial obligation will now be converted into $1 billion in equity for the casino’s eager creditors, and a brand new CEO, Jeffrey Hartman (previously of the Mohegan Sun in Connecticut) takes the reins over of this faltering mare.
Resignations Certainly Are a Great Deal
Hartman gets control for recently departed Walk of Shamers ex-CEO Kevin deSanctis and Chief Investment Officer Michael Garrity; thankfully, this isn’t Japan, or there would be intestinal entrails from the penthouse to your parking lot by now. Nope, this is America, where a smartly negotiated contract when you sign up gets you a well-paid trip when you’re axed; therefore DeSanctis and Garrity not only arrive at remain on with the Revel brand, they can also look ahead to about $7 million in consulting fees for all of those other year. Is that each or together? We’re not certain, but our cap goes off to their lawyers: well-played, counselors, well-played!
Smoke Signals
Although Atlantic City overall was in a financial nosedive recently (attributed to everything from Hurricane Sandy to an uncertain marketing platfor (more…)