Teaching Al Capone a lesson in gangsterism in Asia


Photo of humpback whale with most of its body out of the water and its pectoral fins extended

A humpback whale breaching. Wikipedia

There are whales in that Pacific Ocean and not all of them can swim; some just embezzle, gamble and provide food for a new generation of gangster fishermen.

Before we all sober up and are faced with facing 2012, one more note on corruption in Macau from 2011.  Corruption in Macau has up to this point slipped by American regulators.  After all, who wants to tell Sheldon Adelson or Steve Wynn they will lose their American licenses unless they give up the casinos in Macau; nor do the Australians want to force that choice on Mr. Packer.  Atlantic City tried to force MGM to make that choice, convinced in their innocence that MGM would choose the famous boardwalk city over some island in Asia.  MGM said thank you, but no thank, we will be moving to Macau with Pansy (Ms Ho was the reason that New Jersey regulators objected to MGM’s Macau casino) and in case you missed it, MGM just reported their earnings for the quarter – MGM Macau, while the least of the cities casinos, returned to MGM enough money to make up for its struggles in Las Vegas.  It may have slipped by the Americans and Australians, but not by Guam.  Guam arrested a group of men running illegal gambling on the island last week – the ring leader is apparently well-healed, able and willing to fund gambling wherever he sees an opportunity.   He owns a stake in the very, very profitable high-limit, VIP business in Macau.  Wow, some really did a good job on his background check.  Somehow, I suspect he is not the only gangster running around the Pacific flush with cash from Macau, cash that some believe is embezzled cash from China.  Eat your heart out Al Capone!

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