By The Grinder
On the one hand we have the 80-year-old Texan, “Dolly” Doyle Brunson, still going strong playing poker full time, putting young internet whiz kids in their place every now and then. On the other hand, we have an 80-year-old casino business mogul, Sheldon Adelson, trying to exterminate internet poker in an effort to keep the live casino business alive.
While they are similar in that both possess a world of class and experience, the main difference is, Doyle, though not a big fan of internet poker players, isn’t really against internet gambling, while Adelson strongly is. Who is Sheldon Adelson? He is the big boss of casino gambling. He reminds me of Ace Rothstein from the movie “Casino.” He is the Chairman/CEO of the Venetian. The Venetian was built on the hallowed ground where the Sands once stood and where the Rat Pack partied hard in Vegas in the good ol’ days.
Adelson boasts more than six decades of running a successful casino business, and he swears that internet gambling will ruin everything with so much conviction that you might believe he has a point. He believes that with this infinite surge in social utility-based games, and integration of online technology, internet gambling, if legalized today, will make live gambling way different than what it was years ago, and it will witness a quick plummet in participation.
As Black Friday approaches its third anniversary on April 15th, today’s legalization heads-up battle is between the coalition to kill internet gambling funded by Adelson’s Venetian & Sands; and the Coalition for Consumer and Online Protection funded by MGM and Caesars. So as you can see the Vegas hairpiece is parted midway, and the vendetta is between muscle and logic, as it has always been. The truth is Adelson is like the Vegas Oldies Don Rickles, Sinatra, and Dean Martin. Sheldon Adelson is a national treasure, but as much as I salute him for his conviction and belief in the live gambling business, I would still want to support Internet Gambling, for the simple reason – if the rest of the world’s doing it, why not the USA? Why should we pay the price for the goof-ups of a few Ponzi scammers?
If talentless kids from the rest of the world stand a chance to pile up a fortune clicking mice all day on twenty virtual poker tables, then so should we. It’s plain and simple. I will update you about the Vegas heads-up vendetta in future blogs.