Slashdot Mirror
CCTV Hack Takes Casino For $33 Million
iComp writes "A sophisticated scheme to use a casino's own security systems against it has netted scammers $33 million in a high-stakes poker game after they were able to gain a crucial advantage by seeing the opposition's cards. The team used a high-rolling accomplice from overseas who was known to spend large amounts while gambling at Australia's biggest casino, the Crown in Melbourne, according to the Herald Sun. He and his family checked into the Crown and were accommodated in one of its $30,000-a-night villas. The player then joined a private high-stakes poker game in a private suite. At the same time, an unnamed person got access to the casino's CCTV systems in the poker room and fed the information he gleaned back to the player via a wireless link. Over the course of eight hands the team fleeced the opposition to the tune of $33 million."
Because those 33m were stolen from the people on the street. Childish tribal mentality: I have something and you don't, therefore I owe you a cut, just because.
Let me get this right - they're making money, while risking none of their own
Yeah, you must be right. They are not risking any of their own. Purchasing land, building casinos, hiring staff, training staff all of that stuff, and all of the other stuff that is required to run a brick-and-mortar casino is "risking none of their own".
Are you always this dumb or only when you have been corrected on statements that were wrong?
Floor space isn't expensive (relatively)
Hmmm. Seems like the dumb is a general condition. Heard about Opportunity Cost? Sorry, you are simply wrong. $100/hour is not a lot of cash. It probably is for you, by all means, but it doesn't more than just about cover the cost at a Vegas casino. Perhaps not even that. TV poker is where it is at for Casinos, but without poker there is no TV poker, so poker they need. Basically a loss-leader when considering opportunity cost.
the poker room can be in a secluded area
This one was in a suite, but most casinos have floor space in the main room dedicated to poker. You've never been to a casino?