South Korean Casino Loses Millions
“In Vegas, everybody’s gotta watch everybody else. Since the players are looking to beat the casino, the dealers are watching the players. The box men are watching the dealers. The floor men are watching the box men. The pit bosses are watching the floor men. The shift bosses are watching the pit bosses. The casino manager is watching the shift bosses. I’m watching the casino manager. And the eye-in-the-sky is watching us all.”
Remember this classic Robert De Niro quote from the timeless 1995 movie Casino? Based on recent happenings, how true it is. Read on …Apparently when an employee in charge of handling funds at Landing Casino at Jeju Shinhwa World in South Korea did not return to work after going on vacation at the end of December executives started to check her work. And, as part of their internal investigation, they found c$13.1 million (U.S.) was missing from their safes in cash!
A weighty sum
While adding up the missing money officials quickly recognised the missing banknotes weighed a colossal 280kg! Clearly this was not just a case of one person filling their handbag and walking out! The Yonhap News Agency has since reported the suspect employee is a Malaysian national and surveillance camera footage from the casino around the time the funds may disappeared have been erased. On Wednesday local investigators confirmed that a sum of money worth several billion South Korean won (yes, ‘won’ is the local currency) has been found at the residence of the female Malaysian executive, but she has yet to be found.
Who is going to get Megga lucky?
America’s Mega Millions jackpot lottery will reach an estimated $750 million by the time it is drawn on Friday – if won it will be the second-largest pay-out in the game’s history. There has not been a player who has successful matched all six Mega Millions numbers since September 2020 when a top-prize of $120 million went to a ticket holder in Wisconsin.
The largest jackpot in Mega Millions history was $1.5 billion, which was won by one lucky ticket holder in South Carolina in 2019. Remarkably they did not come forward to collect their prize for nearly five months after the draw. Furthermore they elected to take a one-time Mega Millions payment of $877.8 million (instead of the full amount payed in instalments). Afterwards they were stopped seven percent of their haul in state taxes and an additional 24 percent in federal taxes. Nevertheless this was still the largest jackpot pay-out to a single winner in U.S. history.
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