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A casino regular, quiet but prickly,
unleashes a rampage

Associated Press, by Adam Geller*

Original Article

Posted By:earlybird, 10/6/2017 6:52:28 PM

Stephen Paddock usually kept a cigar at hand, even though he didn´t smoke. But he was quick to notice when somebody sat down beside him and lit up. Then Paddock, a denizen of hazy casinos, would take out his cigar, light it and carefully aim its smoke back into the faces of those whose puffing annoyed him. "He was the king of microaggression," said his brother, Eric. Last week, Stephen Paddock returned to the Las Vegas Strip, where he spent many hours and thousands of dollars at high-limit video poker machines, and eyed the fun-seekers crowding his oasis. But this time he did

Comments:
* Michael Balsamo and Jonathan Cooper

More detail on Paddock.

      


Post Reply  

Reply 1 - Posted by: greggojo, 10/6/2017 7:50:35 PM     (No. 11408322)

Yesterday, NBC reported that according to IRS records, Paddock earned 5 million dollars in 2015. I read the IRJ article about video poker and it said the odds on video poker are very good, but still the house always wins, only a tiny percentage of the total amount bet over the long term, but the house always wins (The computers controlling all machines would have alerted the casinos if Paddock (or anyone else) was consistently profiting from any machine and the casino(s) would have altered the machines´ odds.) I did read that one of the casinos reduced the comps they were giving Paddock. (But still, he had sufficient comps with MGM, the owners of Mandalay Bay, to get his $592 a night suite fully comped.) Something is not right here. Paddock must have had some other source of income (and well beyond his paltry "real estate" holdings). America has many mathematical geniuses (amazing given the teachers´ unions, but still). If you could make millions playing video poker machines, there would be lines forming out the door waiting to play them.

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Reply 2 - Posted by: NorthernDog, 10/6/2017 7:58:23 PM     (No. 11408333)

I´ve always heard that casinos don´t want gamblers who ´win too much´. I also doubt he made millions from a few real estate transactions. And he spent lots of money of cruises, homes, traveling about. Something is missing....

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Reply 3 - Posted by: earlybird, 10/6/2017 8:07:06 PM     (No. 11408343)

MGM International Resorts, owner of various hotels/casinos owns the Mandalay Bay. It also owns Royal Caribbean cruise line and offers a crossover reward program:

http://www.royalcaribbean.com/contentWithGallery.do?pagename=mgm_partnership

And here are some expert casino opinions on video poker:

https://www.reviewjournal.com/business/casinos-gaming/paddocks-game-of-choice-video-poker-allowed-him-to-blend-in/

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Reply 4 - Posted by: annie xango, 10/6/2017 8:20:34 PM     (No. 11408357)

I think, I pretty much know one thing..he did not make 5 million on the RE he owned..I manage a ton of pricey RE for investors..and there is no way..has to be something else. going on..

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Reply 5 - Posted by: droopydog, 10/6/2017 9:01:03 PM     (No. 11408396)

You, #2, something is missing.

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Reply 6 - Posted by: kate318, 10/6/2017 9:04:34 PM     (No. 11408401)

Does anybody else smell a false history being set up here?

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Reply 7 - Posted by: Hazymac, 10/6/2017 9:11:59 PM     (No. 11408412)

(P)rickly:
the most egregious euphemism of all time

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Reply 8 - Posted by: chillijilli, 10/6/2017 10:07:44 PM     (No. 11408453)

So IF we´re to believe this article, he didn´t request this specific room in advance. Nah...on the spur of the moment, A GUY WHO IS OTHERWISE TOTALLY PLANNED TO THE MAX simply walks into Mandalay and requests ANY room "on one of the higher floors?" We´re supposed to believe that?
And we´re supposed to believe that his request was turned down initially but a room just coincidentally "opened up" at the last minute? And THIS room just HAPPENED to be overlooking where the concert venue would be in a few days? So IF that´s true, there goes the theory that he was targeting the concertgoers.
And then what? He strolled to his car which was loaded with an arsenal and bomb-making paraphernalia and began unloading this stuff in stages??? What if a room HADN´T become available??? What was he gonna do then?
YES. For some reason we ARE being fed a line of bee ess. Big league.

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