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There are some people who can dream and some others who dare to it. Many of those who can dream big but some times can't make it through traditional platforms. Today I will mention the names of some people who started their business life with the help of gambling money. Who were initially professional gamblers later became reputed businessman. Many of whom are now active philanthropists, supporting various charities. If responsible gambling can be practiced then luck can be expended. He can make himself known differently in a shortest possible of time.

Some professional gamblers and their business

https://i.imgur.com/9XMtzh6.jpg


Sheldon Adelson- The founder of the Las Vegas Sands Corporation, The Venetian and The Palazzo in Las Vegas and Marina Bay Sands in Singapore.

Kirk Kerkorian- He founded MGM Resorts International, the airline company and  Trans International.

Steve Wynn- He founded Wynn Resorts, Wynn Las Vegas and Encore Las Vegas.

Calvin Ayre- Founder of Bodog Entertainment.

Terry Benedict- Founder of BJB Properties.

Tony Bloom- Founder and owner of the Brighton & Hove Albion Football Club and.

Phil Ruffin- Treasure Island Hotel, a casino in Las Vegas and the Wichita Greyhound Park.

If one tries to change the destiny he may succeed or fail but he may get a result. But there are many people in the world who only dream inactively without taking any initiative.

But one should keep in mind that gambling is a risky platform. As there are lot of histories of victory, there will be defeats as well. Use gambling money as much as you can afford to lose.

Gambling has no doubt birth many professionals and millionaires in gambling and those people have find gambling to be their reason for a change of status in life, they are part of the world rich businessmen in the financial economy and yet performing well in gambling today  and maintain being rich all because they know their moderacy and have invested big on other profitable assets that sources them money to always use in gambling aside from those having their own gambling website after tasting it to be a good source for making business.

If become a professional gambler will make them rich and easy to make money, they wouldn't jump become a businessman, so the conclusion is a professional gambler isn't a good way to make money, but become a businessman is better.

Or maybe they're get restricted or blacklisted by those casinos because they always make money on the casinos, so they don't have any way to continue to make money except become the house or looking for the other opportunity.

As for myself, If I see that I have talents and have a wise decision in gambling, I would also go to professional where money involves and invest a lot to have a money sources. For sure that some of them build a business due to being successful in gambling which involves money therefore they have knowledge how to make the money circulate and work for them. Having an investment while earning huge amount of assets in gambling will make you millionaire easily plus your business. But always remember that gambling doesn't guarantee you success in life. There's always a risk, if you want to be one of them it would be better to learn from the best first before taking risk of betting your money because its better to have proper background, knowledge and experiences before trying gambling.

These gentlemen have one thing in common since they are exposed to gambling and that is they know how to do calculated risk, they know the business they are doing because they know that you can only win in a game that you are familiar with, two things can happen if you're involved in gambling you can lose everything or you will be a better decision maker and these gentlemen choose the latter so they have better results from their mindset.

This is the dream of every gambler, be a responsible gambler and manage their business from what they learned from gambling because there are great lessons to learn in gambling that we can apply in business.

And scammers! Like Calvin, who out of his feel for charity supports a mentally challenged doctor of theology CSW. He probably made Calvin believe God made him invent bitcoin.

From wikipedia:
In 2012, Ayre was indicted by the US Attorney for Maryland on charges of illegal gambling and money laundering.

It's great that  they made their fortunes in gambling industry, I have nothing against that, but what's the point of the thread? If you think you can make it in this business, think again. These people weren't starting with nothing and aren't really role models to follow in all aspects.

It will be very helpful if you will include this gentleman credentials as a gambler to categorized them fits to the topic rather than just post all their business. We don’t even know if they are really playing gambling and type of gambling they are playing before they become successful to their business.

Can you research too if they are already a gambler before or after they are successful on their business to determine if this is a real journey or just a leisure time for them.

but if i think they previously had a rich background which allowed them to set up their own business, is that legit? I mean I think they are actually rich and professional gamblers when in gambling they bet big amount and when they win they also get big win and can set up their own business. is my thought correct?

and the person you mean is just dreaming without daring to take risks such as realizing what is planned like starting your own business, I think that person is just an ordinary person who is not rich and bets small amounts when gambling and when he gets a win he only gets an insignificant amount big and unable to create their own business, as different as people who are already successful in having a big business from their winnings at gambling.

but I have also heard of a gambler who was a professional and had expertise in gambling and eventually founded his own casino and decided to make money from the casino business instead of throwing money at other casinos.

The point is to change your life and be a gambler.
Those guys reached a point where they have gambled for a long time and thinking of something else like winning all the time and a business would be a good way to do it starting with the money they won from the casino.

They grow old sitting their ass for a long time on a poker chair, they win and lose so they decide to be the casino.  ;D

Personally, I don't know these men, so I can't say how impacting gambling was on the process of developing their businesses and reaching where they are right now, but it's undeniable there are gamblers who were able to thrive financially thanks to the prizes they won from their betting sessions in the past. Of course it corresponds to a minority portion of gamblers, but they do exist and it's possible to win and to use the money smartly, instead of continuously spending it during more gambling sessions until losing everything. Congratulations to every gamblers who managed to grow the earnings collected from winnings at casinos!

There is only one way to make all of these dreams come true, and that is to be brave, in the sense that you are willing to take risks or dare to lose some money to be able to realize your dream of big wins so that you become a person who succeeds in getting success.
But out there it's true like what you said that more people have dreams without the effort and ability to achieve these big achievements.
Understanding like this is quite good and useful because it can indirectly encourage someone's enthusiasm or suggestion in taking steps to pursue what has been dreamed of in the future.

they can only be used as an example because I don't think it will be possible to become them, just take this as motivation that being a gambler can be like them, if I may choose it's better to build your own casino to become a dealer than being a gambler, because becoming a dealer will be faster getting a lot of money compared to gamblers is even more successful if you become a bookie, don't expect to be successful because gambling as long as you gamble can control yourself that's enough.  ;)

One thing I'm sure of is that these people that have been listed in the op know very much how to manage their risk, they don't just jump into gambling recklessly the way most gamblers have failed to profit anything from them trying to gamble.

Another thing is if gambling was really that good they won't have switched business the would have continued their gambling career and tried to make more money from it. What this means is that you're not supposed to depend solely on gambling a point will come in your life when you'll realize that it's time to leave gambling and focus n a more prominent business.

How many of them were able to find a bug in gambling or a way to win against the house? for sure some of them did it. Just like Phil Ivey did some years ago when he defeat a casino with another mistake on the deck. The problem there was the design printed in the back of the deck that way Ivey was able to memorize some of the cards having an advantage against the casino. And he made Millions with that.

There's this story of someone who risked to gamble his own business and won. He's not really a professional gambler per se but it has been known that he's good at playing blackjack, that guy's Fred Smith, the Founder of FedEx, that courier company that treats your packages like they're made with kickable material (lmao). So anyways the story goes that once in FedEx's infancy, it has been short of more or less 7 grand in fuel fees, and not paying that fee on time would literally mean their business failing, so unbeknownst to his board members, he took whatever was left in their treasury and betted it all on blackjack, turns out his aptitude for blackjack paid handsomely and he bagged 30grand in the process. Was able to pay for the fuel and was able to save his business.

This is by no means a way to inspire all these wannabe pro gamblers, just a funny and a really cool story as well.

Successful business men and professional gamblers have one important quality which can make them very successful:

They are not afraid of taking risks. And they are not afraid of losing money when taking those risks.

Sometimes it pays off big time. Obviously many of their businesses have failed and lost them very large amounts of money but every now and then they hit the jackpot and raise a business up from the ground-up whoch becomes extremely successful and profitable.

The average person who is not all that risk-loving will have achieved nothing. All out of fear of losing.

Well, the people that you mentioned probably taken the risk that no normal people could make. Everything in life is about taking risks especially if your venturing involving money, it should have an underlying risk at all. It should have been a great thread if we have to know these gamblers their favorite games to play before they reach this stage in their lives.

On the other side of the scale, on the other side of successful gamblers-businessmen, you need to put millions of gamblers who have lost billions and trillions of their money and have not won anything in the end.

It is naive to expect to repeat the success of these people. How many did you name? 7? How many gamblers are there in the world? So count their number and compare with those 7 personalities you are talking about. This is not even 7% or 0.7%, but much less. Assess your chances realistically. Here, at least show or don't show initiative - the probability is extremely negligible and changes in fate may not be what everyone expects.

Gambling is a very profitable thing to engage in if done responsibly. Gambling has indeed made many men rich and it is still making even though most people are loosing in it. But I think that those that are making much money or already made much money from gambling are those who are favoured or those who never chased losses. It takes a lot of strategies to be a professional gambler. As a wise gambler, the moment you win big in gambling, the best thing to do at the moment is to use the money you won in gambling and invest. You can still be gambling but let it be that you have another source of income and an investment also.

Gambling no doubt has ruin the life of many gamblers and same gambling has liberated others from the shackles of poverty to an enviable echelon and this also is determined by their decision to invest this money they won through gambling to establish  into other business  that would yield ROI all their life.These person OP mentioned took a decision of making a difference in their life, taking an initiative that would change their status from gamblers to business tycoons. But there are those who despite how much amount  they win from gambling their life doesn't show something to reckon with and these are the sets of gamblers that makes  outsiders breed a wrong impression that gambling is nothing but a fruitless and unproductive venture that only bend on ruining he lives of those that patronize it. However these few men mentioned above, their outcome sends a different message.

These men even after winning, did not let gambling completely take back all the money that they have won by still keeping their gambling behavior under control. I am sure that they did not think that since they have won big amount, they now have more money and the luxury to gamble with some more money or increase the number of times they gambled. They were able to stay disciplined to maintain their gambling habits and the sometimes even reduce it, it is why they are successful. There are gamblers that made money, started businesses as investments, but the same business crumbled due to them not being able to control themselves and the gambling behavior. That is a terrible story to have as a businessperson.

Both cases are rare, the one person which is able to make a fortune out of gambling, whether this is as a gambler or as the owner of a casino has some special characteristics that allow them to reach that kind of success, and the same is true for the addicted gambler which is unable to control their impulses at all and they lose everything they have in the process, most people are on the middle, in which they lose a little bit of money but they think it is a fair trade considering all the fun they get when they gamble.

To become a successful businessman, money alone is not enough. It's much more complicated than that. There is no such thing as someone who gets a big score at a casino and immediately has a business, and that business not only brings in a good income, but also expands.

I think each one of these people have put a lot of effort into this.

While I admire this men, I would have loved to see a brief summary of their biography. I am interested in knowing how they got in to gambling(What age? Their motivation?), how they stayed responsible and were able to beat the clutches of gambling addiction. How did they turn it into a profession?(Was a Trust fund somewhere?). I am interested in what strategies they used and the type of game they gambled in?



The interesting thing about this men is that as soon as they made it big in gambling, they diversified they business to include other ventures. I don't if they are still active gamblers. Just wanted to point out that person I admire most in the men listed is Tony Bloom, the Founder and owner of the Brighton & Hove Albion Football Club because I have read a little about him and I am inspired by how he turned his love for gambling(poker) into a profession that has fetched him a lot of money. Someone should confirm that Terry Benedict is a fictional character in a movie and not an actual casino owner.

There is a good connection between people who are gamblers and people who end up owning a casino. They have seen so many times of people losing their entire life there, so they know that if you own a casino that can attract as much people as possible then you are going to end up with a lot of profit. Why do you think there are so many casinos that give out free drinks and show tickets and all that? It's mainly because if you do have a lot of people in your casino then you have a lot of profit.

Giving a 3000 dollar ticket to someone for free could lead to his group losing tens of thousands there if they stay, or giving out free drinks at 5-10 dollars a glass for the casino, could make the person drunker and lose hundreds and hundreds of dollars there. So, they know the business when they watched it and that's why they are so inclined to open one themselves.

There is nothing like a professional gambler, if someone win big, the best for the person is to look for business he can make money and have more success. Those people are not dependent on gambling which is the reason they are successful.

They can not continue to gamble more and continue to make money, they will only lose and likely lose all they have won before, but they were discplined to know that gambling is very risky and they depend more on businesses and shift towards business.

I might take the positive points as a lesson that it all depends on how good we are at managing what we have. Because if you look at the serious gambler, maybe he doesn't think about the rewards for something that is more long-term. Now some of them have the idea that the people above can be said to be 1000:1. The reason is that it is not easy to get out of the trap of gambling and divert money to more real alternatives.

The lesson is that it doesn't matter from which hole you produce something but when the output is positive then people will value the results more. Sounds like a secular adage but it's a fact.

First of all, i don't know the history of the people you themed in this thread. even I can't be sure, that these people really depart from gamblers. but let's just say that, dam luck was on their side. then, open businesses that eventually they become rich. referring to the title of your thread, we often hear about stories of successful gamblers, whether they are amateurs or professionals. but generally, their stories always inspire many people.

But believe me, it is something that is difficult to become a professional gambler. no matter how hard we try, learn, have a lot of experience, even have the skills. if luck is not on our side. then still, it is difficult to realize what we want or dream of. well, because our discussion is gambling. to be honest, i never hoped or dreamed of becoming a professional gambler. because, apparently it will be difficult to realize. believe it or not, not everyone can do it.

So, I can only enjoy every gambling session and make it part of the fun entertainment. nothing more, because to become a professional gambler. apparently, I have no talent for it. Well, what I do is nothing but for fun with money I'm prepared to lose.

Well, you have a good point. But gamblers will never be profitable all the time, regardless if they are veterans or professionals in gambling. That’s why these gamblers explore another endeavors in life, and that is taking chances to become businessmen. And they all prosper from it eventually, their hard earned money and possessions have proven it. Let’s just say that these people have more than just luck but also hardwork. They will never become as wealthy as today if they don’t gamble responsibly and become ideal businessmen.

Who knows, they might have started and financed their business from their huge winnings in casinos. This is very possible as a lot of successful businessmen today have also made significant profits while they were still gambling. However, while gambling is based on luck, business on the other hand is based mostly on skills and strategies, and a little bit of luck. So definitely, if they have succeeded in their business, well they’re not just lucky but also well knowledgeable too and well skilled in their type of businesses they enter.

I guess that you wanted to say "to change your life and stop being a gambler."
To do that, you unfortunately need to either win enough to be able to afford your own business, or lose enough to reach the bottom and start from scratch, but not as a gambler.

You can use these guys as examples of how a gambler can grow, but this is an incredibly hard thing to do. There's over a million people gambling in the US alone right at this time and maybe one of them will one day become a millionaire, but it's like dreaming about winning the lottery. We all do it, but none of us actually win.

They might be responsible gamblers who manage to put up a business or better career out of their winnings. Maybe they have decided to quit after winning which I think is a wise move for they have used it to make their lives better.
If you are winning in gambling, it doesn't mean that you have to stay with it forever. There should still be a future goal that we must set and reach because we couldn't always be lucky.

Not necessarily quit but you should really know on when to make use of those huge wins if ever you do be able to hit it up.Some would really be that sensible towards their actions on which they would really be tending

to built up a business and would turned back themselves on gambling and then focus out on new venture.Some do stay up and play even more out of those winnings and lose it all back.
This is indeed the reality which outcomes or your fate would be entirely be depending on how you would gonna act along the way.

Which it is really that important for you to make out good decisions if you are really that planning to have a good or better life.

well, these business man can afford to play and probably they will not share a (huge) loss to public audience.
sake of curiosity, did anyone of these has been able to build a business just from revenue earned with gambling? if yes, how big was initial stake for betting ::) ?

Very common for us to see about these huge wins and stories of success out of gambling profits but its true that huge losses is unlikely or rarely to be shared up in public.
Of course they will really be that be focusing into those hits and it is really some sort of making themselves to be popular.It is true that we dont really even know
on how much they do honestly put up on building up the business and how much money they do put up in stake. We dont even know on how much
they had lost everall.

From this list I only heard the names of 2 guys in the last few years, Calvin Ayre's name is associated with faketoshi ( I believe everyone knows who I'm talking about when I say that name FAKETOSHI ), so Calvin Ayre doesn't have a good reputation and honestly just thinking that the guy is connected to faketoshi me makes you think that he didn't get rich being a casino player, he probably used some other additional methods to become rich, but of course he wouldn't reveal all the secrets of his life so I would just talk about casino

another name I heard and that makes more sense on this list is the name of the founder of Brighton, I'm talking about Tony Bloom, this one I can even believe he played and took the most traded open profit which allowed him to be very rich, his profile when if a google search could see that deep down there may be some truth in his story, as for the others I've never heard of them so it's hard to make any judgment if they're lying or telling the truth

 There really are good gamblers that when they've won such amounts, they also manage to keep their money. If most gamblers are like them, we won't hear stories about gamblers having their lives turn into a misery.

IIRC, there's this another story for a freight forward/logistics company that has bet his last money and then suddenly won which he used to sustain his business.

I can't recall the exact name, maybe that was DHL.

And those stories of large losses certainly will be a lot. And yes, a lot of them haven't been heard of.
For these successful people, they know how to handle themselves that made them survive in this business.
Because if you don't know where to channel your winnings, you will likely end up broke or bankrupt.
Definitely, they have had fair share of losses as well but once they got good winnings, they invested into something profitable outside of gambling.

They reached their dreams because they are risk takers and they have strong characters not to be compulsive gamblers and become successful in two fields, it's not easy you need an exceptional character to be a successful gambler, businessman, and philanthropist.

Some of the names that are on the list are people who create fortunes in the gambling industry, they are gamblers who understand that if you want to make it big in the gambling industry, owning a casino or launching a business or something related to gambling is the key because you are the winner here while a gambler is the one struggling to win.

Based on their success stories, it's obvious that self discipline and focusing on our goals is too important. If they have a better source of funds to gamble, they could actually gamble most of their lives but they still manage to control themselves and didn't have gambling as the center of their journies. It means that a gambler can still be victorious if he knows how to handle himself and still focus on reaching the success that he wants neither in business nor in his career.

The same way gambling creates lots of broke and broken family.  There is always a pro and cons in gambling.  What matters is the action of a person right after when he got lucky gaining huge amount of money and put it on a business venture.

While other businessmen take gambling as form of recreational activity, others develop interest in entering competitions and challenges making them veterans and professionals.  It is always a good sight to see successful people in the gambling industry, if there is something in gambling we need to learn, we can just look at these successful people gambling history and activities and learn from their success and failure.

True to that. Being a successful gambler and as well as a businessman really conflicts with both activities. There have been business people that have made their good lives worst because of gambling. But just like these people, if they've made themselves for the betterment of their lives and still kicking asses in gambling, they know what they're driving to and what they've been doing and not to commit a mistake because it's a mind game for them and not to be controlled by being compulsive. There are gamblers also that have that thinking that just one big win and they're out and gonna make a business.

If you don't try you will never know. I believe you are right when you say that many people dream inactively, but when we are at a win/lose ratio of people who dared to try a majority lose for sure. On one success story, we have hundred if not thousands of stories with the bad end.

It's like that with gambling as with many other things in life. There are no rules or universal definitions/answers, we are playing with what we have, sometimes against the odds (some people are aware of that and some are not) and we bear consequences for every bad move we make.

I like to read about guys/girls who had luck, who beat the odds sort of speaking, but it's not like all of us can do the same one day. Even thou I try I still can't hit that max win on any slot! 8 years and counting...

Its all about sustain!

Business owners and successful ones are pretty aware of their expenses on which they wont really be tending on engaging with gambling for long time if they cant be able to sustain.
We dont have the idea on how much they had spent on gambling but we know that they arent that fools on spending like a mad man and wont be minding about those risks.
They are experienced ones and its impossible that they arent aware on what are the probabilities.

^Definitely right, it should there be discipline and control to maintain healthy gambling habits and avoid the pitfalls that come with addiction.
I have heard so many times that there are gamblers who have made money and end up losing it all due to their inability to control their behavior. This is a cautionary tale for all businesspeople out there to be mindful of the impact of their actions on their finances and business ventures. I think exercising restraint and seeking help when necessary to avoid falling into the trap of compulsive gambling. Those people shown in the OP probably can afford either it will win or lose.

Many says if you can’t beat the system, you will create your own system and this is how they ended up owning their own casinos, I wonder if they are still gambling to other casinos. This should be the goal of every gambler, but of course this is not an easy goal because it will take a lot of sacrifices and needs a lot of luck. There’s no assurance in gambling, you still need to look for other source of income so you can start your own business, and with this for sure some of then started somewhere before having their own casinos.

Gambling isn't something because most successful people are gamblers,the difference is that they have a goal in their heart to achieve,which makes them stay focus and use any money that they win from gambling to chase their dreams.

If you don't see gambling as a means of surviver just the way some of us are,or you don't keep on gambling and gambling all your wins,you will see it that gambling money can be invested. The problem with some gamblers is that they think that any money won in gambling should be used for gambling. I have a friend that won big in gambling and he invested the money into business. He no longer gambles but his business is still flourishing.

Gamblers on the sense that they have risks their money to make investment and make business for them to have the chance on earning or getting streams of income.We know that the risks involved isnt something a joke.It did really just turn out that the waves had able to go along on what they had wished and targeted out on which they do able to make themselves successful, not all people
could able to achieve such manner and this is why they are cherishing the money that they have able to gain out of those risk taking decisions.Now that they are involved literally
with gambling then this wont really be a shocking thing anymore if we do speak about risks.

The thing here I guess is to not limit oneself in gambling alone. Also, some of the big names in gambling industry,both online and land based, has their own business in the first place which gives or allow then to have a huge capital to bet, which also somehow gives them a bigger opportunity for bigger bets and bigger peofit. But indeed luck would be the bottomline but a large capital would allow a player to extend their luck in some way, especially if risk would be managed, and for sure we all know this. Problem for other rich individuals why they end up on the ground is not finding other way to earn or sustain their capital and only waiting for their big time win in this industry which will never be certain.Again with the concept; losing will always be a part of the game. It is the way how a plaer would manage factors or the risks which will result to a more efficient winning. These 'winners' for sure have suffered from huge losses before, but the way they handle their losses is why they are in such place at the present.

These are exceptional people jumping from gambling to business is not easy and becoming a gambler and a businessman is quite risky, the other one can take over the other one, and if you are chasing your losses there's a possibility that you can use money in your business to do it.
And both ventures will need time if you're a professional gambler you have to keep up playing and if you're a businessman you have to oversee how the business is doing, not really that easy but these guys find a way to balance things and they are reaping the rewards, we can all learn from these successful people.

For me I don't believe in all this stuff about gambling making someone rich and all this shitstuff people say about responsible gambling I personal believe that gambling is just an activity you play for fun except you are already made with money and maybe you just want to double your cash then you can just flip in your cool cash into gambling and don't expect  any winning especially when its come to sport gambling. And moreover the whole idea of gambling is basically built on the foundation of LUCK.

One can't serve two masters is an old days slogan, but that doesn't apply to today's world. Gambling is completely different from running a business. If things didn't go well the business fails. There are people who have done gambling out of the profits from business and lost everything. As said, these are exceptions where luck had favoured. If not these people could've never been successful and wouldn't be able to build such big businesses.

Because these big people do have a strong and solid source of income, they can sustain their gambling activity and are able to afford to lose big money.

In most cases, those people who reached the stage of being professional gamblers are already financially-stable that's why they can just easily throw big money into their gambling we already know that the bigger the bankroll, the larger they can gamble, the more chances, and possibility that they can win big.

Good for them and fortunate that they can enjoy gambling without worrying of a big loss as they can easily cover it with their big investments and businesses.

Most of these guys have some background in business management before they became gamblers and became successful in their respective careers. I mean, they already know the ins and outs, they know how gambling houses work, they just have to put in the money, get their network informed, and pray for luck to favor them and bam! You have a successful business! Not everyone has the way of thinking like these people, so even if we are all gambling degenerates here, we won't be successful like these guys if luck isn't on our favor.

I doubt it.


This is a different matter. It is one thing if people who have gambled decide to invest in a casino or bookmaker. I myself could do it if I had enough money and in the past I invested in casino bankrolls. But the story that you are implying that gambling money made it possible to set up businesses is usually not true. As the colleague says:

Are you sure about Terry Benedict? He's character in Ocean movie series. Also, I read wikis of some of people you mentioned, gambling itself had nothing to do with their success — either they quit gambling or created businesses centered around it. Gamblers lose, casino wins.

To be successful is not easy and there will be many challenges. The names you mentioned made it through every challenge and eventually became successful in gambling. They have targets and dreams they want to achieve and don't stop before they can. We have to learn a lot from them, but not from the gambling side, but from other things that can make them successful in achieving that success. Maybe they can be responsible in playing gambling and get win after win and save it to open their business which can give them an advantage so they don't have to gamble too often.

We have dreams that we want to achieve, but sometimes we are lazy to set foot to achieve those dreams and there are too many considerations. And if you feel you can't succeed from gambling like those people, you can use other ways to achieve your dreams.

I was thinking the same thing when I read the names and what they are famous for, they reached success by being casino owners or something similar and they did not do it through gambling itself.

When it comes to famous and profitable gamblers I think of Daniel Negreanu, Phil Hellmuth or Doyle Brunson, gamblers which have made a fortune playing poker professionally and that are examples to follow for all of those which wish to achieve a similar level of success.

I am pretty sure at least one of those names (probably more than one) you mentioned didn't become a successful businessman just because he was a good gambler. Some of those guys (at least 1), did some pretty illegal shit to grow their empire and I am pretty positive all of them already had huge amounts of money to start with. If you think these men were playing slots in a casino all day and then randomly they decided to be become "successful" businessmen, then you are in a big surprise. Nothing of a kind happened.

Looking at some of the businesses developed by these people they are also still around the world of gambling so they just change themselves from a professional gambler to a businessman in the world of gambling also because they know the profits and also the large velocity of money in the world of gambling, and gambling is a lucrative business. We don't need to dream of becoming a successful gambler in order to become a successful businessman because not everyone understands how to earn from gambling and you can also become addicted if you can't control yourself.

The thing is, a gambling operation can generate a lot of profit in a very short time. Let's take Stake.com as an example : In 2016, Ed Craven and Bijan Tehrani established Easygo, a company which developed games for online casinos. The two helped create Stake.com which was founded in 2017. (5 to 6 years ago) - Source : Wikipedia

Today, it is one of the biggest online Crypto casinos in the gambling industry and they are sponsoring people like Drake and soccer teams like Everton and Watford.  ::)

we cannot deny the fact that they may be successful person now but what about those all that they have dealing  , i mean do they not scammed other people just to be successful?
I know that this is not the concern of the thread and sharing but I think some of them become big time because also of their taking advantage of others.
and I don't really admire people that become a millionaire just because they took others money.

Indeed gambling have changed many gamblers' life in both directions,  and we have a few of thos prominent names who changed the life and fortune through gambling and reading through the list of names and businesses that have hard positive results via gambling is quite encouraging.

-And also a pointer to how significant it is to take calculated risks to revive a business or set up a new one, I have heard and read a lot of positive testimonies on how CEOs have gamble their companies capital and in the end, made a fortune that changes the direction of the business for good.

-I was hoping to see Fred Smith's name on the list, he was the CEO of Fedex express and in 2020 the company was about to go bankrupt and Fred Smith requested it by playing the lottery with the last company funds of $5,000 and luckily for him he won the lottery prize and the ground prize was $27,000 he won that amount playing blackjack.

-His action changed the faith of the company and now their global shipping company.

This is the thing that you must have understanding in every business we will enter and yes now they become successful in this field and as like gambling business to be a money making machine.
we have already witnessed the boom of Online casinos(same as land base)
and also not to mention aside from stake there are Roobet that has Snoopdog in their side .

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But thanks OP for the trivia and this sharing , because this only says one thing that Gambling is truly one of the best business people must have.

There are many successful people who had ventured gambling before becoming successful and it's not because they are good at what they do butost time it's because of determination of doing one thing consistently.

There are also successful business men who paved there way into Fame through scamming people to get to where they are going. Such kind of men do not care what is the consequences of such act because all they care about is money and more money to become more successful. We should not add this kind of people to the list.

Right. Gambling has definitely its fair share of advantages and disadvantages. While one can prosper and live luxurious lifestyle, the other one maybe drown to debt and leave his entire life paying all those consequences in gambling. That is the reason why gamblers should be more responsible in dealing with their huge winnings, as well as with their inevitable losses, because if they come up with wrong decisions, those winnings will be gone easily and will later on trigger gambling addiction that will eventually ruin a gambler’s life if left uncontrolled. However, it’s certain that with gambling, there are also some lucky people who rose to fame because of their huge wealth and eventually become good businessmen in the making. These are the people who have been gambling responsibly and have been making too much luck with gambling.

I'm not a player, and it's hard for me to talk specifically about professionalism. Although I agree that experience is professionalism, I am more inclined to admire the luck of those who once hit a big jackpot. But is it possible to get it regularly? How many people lose their money every day, risking everything for a lucky chance? Win all the time? For me, it's mystical.
I think everything is connected here; people who know how to correctly assess the chances of success and make a bet also have an excellent analytical mind, having created a successful business for themselves.

A good example, but the fact is that Fred Smith was not a professional gambler, but was a businessman in a desperate situation and he went to play without thinking about winning as money in the sense of making money, but rather as an opportunity to continue his life's work.

Well many people keep saying the casino always win and you will make a lot money after creating a casino, but it's not that simple because the developer need to pay a programmer to create the site, pay the operational costs e.g. live support, marketing etc, they need to pay license, pay the gambling provider etc. If there's not many gamblers who want gamble, the casino will not make any profit and they need to keep paying the operational costs.

Ok mate, now I get the difference since Fred Smith had no history of gambling since after then, I guess he was just a. Businessman that was at a crossroads and decide to risk with the company's last balance he can't be said to be a professional gambler.

-Anyways thank goodness he hard a good outcome, after all, his risk changed the faith of the company and their success story is linked to gambling.

We should be less concerned about the means they use on this lane because the discussion focus on the successful men, if they achieve that by cheating on others then it's left for them because i believe anything not earned lawfully doesn't last, the more reason you see so many establishements today going down, have we dig deep into the history behind their foundation from the rising?


No one either likes this or anywhere it's been accepted, their conscience should judge them, but if such people exist i believe they are only few of then, those that scam others to make wealth also waste the money on things that are unnecessary and not on investment.

Everyone's journey is different to get big profits, with various tricks, every luck is still luck that cannot be presented in a planned manner. People who feel motivated to get the same thing fall deeper into the casino. Just because we are motivated by the story doesn't mean we should try it too, because the approaching circumstances of fortune come at the right moment, not when we plan for it.

So, I hope gamblers out there who know their story don't misinterpret gambling.  ;D

Maybe you are right, the names and photos that you publish here, are successful billionaires in their respective businesses from hotels to casinos.

I often read about all of them before they succeeded in the world of gambling until they succeeded in becoming a billionaire, I admit they are basically poor but with the struggle and never give up in their hearts and minds, so they can be successful, especially in the hotel business have a casino.

I take the story of Sheldon Adelson as an example.
I read about Sheldon Adelson quite often, the story of Sheldon Adelson, ( as a warrior (https://jewishjournal.com/commentary/327397/sheldon-adelson-the-battler/) ), is one of the motivations for all of us, the way he started his business from scratch and his generosity towards education, medical research and to rehabilitation.

I'm pretty sure others who have had success in the gambling business, such as:@Kirk Kerkorian to @Phil Ruffin, had their worst history before achieving success in gambling.

Bottom line: anyone can be as successful as that person in the gambling business, as long as there is a will, support, confidence to get up and try, of course all dreams come true.

Although these people have become professional gamblers at some point in their lives, I doubt that their successful businesses or even conglomerates are built from scratch, or from whatever they made from gambling. Can a professional gambler who doesn't have vast wealth build a casino in Las Vegas or found an airline company or own a football club from whatever money he wins out of gambling? I don't think so.

There must be a connections and a strong family background, not unless you hit the biggest jackpot and for sure your connections will just pop-up like a mushroom because you already have the money now. Anyway, doing this business is not easy and we are talking about a multi billion casino here so for sure they also have a good partners and investors. If you are just a small gambler like me, its better to think for a business that are more realistic, even if you gamble that much if you are not lucky you will never win the jackpot. 

That is the key to someone's success, whether they are rich or poor or even people who are not smart but if they have great will and great determination, success will come to them by all means.
Many entrepreneurs or business owners who used to be just ordinary people who are poor but they have faith and want to try to make all their dreams come true.
Like ourselves, if we have dreams of success, we should understand the key to success and immediately do whatever it takes to make ourselves successful.

Connection is indeed important because it will be a strong root of any business that will be undertaken, including the casino business. and privilege is also the support for all the businesses that will be started, meaning that the support from parents who have lots of money and lots of connections will form a bigger business. The role of such parents will be very important. If we as small gamblers want to build a large casino business of up to multi billion, of course it will take years to be successful, or we will just go bankrupt with lots of debt because there is no support from anyone. The jackpot is just the luck of the millions of people who do gambling. It's not easy to get.

It's a continuous business, so making money will be unlimited as long as they can preserve the greatness of their venues.
But these guys didn't really start their business by making money at gambling first. Correct me if I am wrong. There are loads of stories about people who won in gambling but ended up in a different industry.
A strong example is the founder of the FedEx company.
https://en.wikipedia.org/wiki/Frederick_W._Smith#:~:text=In%20the%20early%20days%20of,the%20company's%20%2424%2C000%20fuel%20bill.
He was not really a professional gambler but luck visited him and kept his company alive. It's not a recommended behavior but somehow it made a good story right now.
The guys you mentioned though really made it to the top by staying on the business where they are good at or maybe they just really love what they are doing so it's best to stick with it. Nowadays, it's difficult to do that. We are forced to do other labor, the ones we don't really like for the sake of money, and to live.

You made a big try mate,most of the serious gambler know this.But the people with less gambling knowledge would not know this fact.This people are inspiration to most the gamblers,the ultimate aim of the gamblers will be create one casino offline or one gambling sites.The important part is we needs of funds to make use of the opportunity to become a gambler King.Calvin Ayre was my inspiration all the time.Like that,everyone will have a different opinion on this list.Sheldon was inspiration to most of the Singapore people and he is known personality all around the world.

Each list of people above has a different business trip even though some of them develop other businesses from gambling results, but I am very interested in the story of the founder of the FedEx company because he fought for his company even though he had to sacrifice all the money he had in bets, the point is that he quit gambling after he obtain targeted profits to continue the company's business. The important point is that there are no other gamblers because of their greedy attitude to target high profits but in the end they spend funds in gambling, so we can conclude that any high profits from gambling must be diverted to other business/job opportunities to get passive income, gambling must be set funding limits.

Gambling is a place of entertainment that anyone can enter to kill their bad mood or have a bad time. And in this case, big businessmen can definitely take up gambling to keep their mind away from various worries and keep their mind happy this time.  This is a normal thing. Because the source of money for big businessmen is their business.  So from gambling they don't care about winning they go there only for entertainment. Not only businessmen but also many rich people choose gambling as their place of entertainment nowadays.

usually rich people will throw a little money in the casino to have fun, I think if I were them I would definitely do the same thing, after all not many successful gamblers become businessmen, most business people go bankrupt because of gambling, we rarely find them too people are successful and rich because of gambling, therefore play wisely don't focus on achieving results but play happily when you win a game you will take it as normal and so will when you lose  ;)

The real question is that, if they build those empire out of gambling profit, or it is because they know how to play in the market itself and know how to attract investors to support their ideas. Good to finally know the founder of those popular casinos, I think they are also a gambler but yes I agree, they don't care about losing the money or making money, they just gamble to attract investors just like in the movie. Well, its one in a million bet before you even hit a jackpot or more so if you are going to start from zero, don't expect that much.

That is why casinos design the provably fair system to favour the house, the house edge will always put the casino ahead of the player and as a matter of fact, luck doesn't always come by, so we all lose to the house at some point.

-But in some instances, the gamblers winz against the house, the impact of high revenue demand on the casino's operators by various bills that wish to be paid, this have made running costs very high and left the casino operator with no choice but to grab all there could from the players.

This proves that the money earned through the casino can be used professionally to establish themselves. But the number will not be very high and that success is not very easy to achieve. Keeping money from casino gambling is not possible for everyone. But there is no evidence that those who have succeeded here have only collected money from casinos. But I won't deny that they probably use that money. Maybe they have other more financial sources.

OP you managed to pull out 6 names all over the world but what about the winning ratio, I assume that it will be atleast 1 in a million so never try to get admire from this and try to make money via gambling then you can be a one successful individual too.

I remember one of the famous story about lottery winner who used to work as in a garage or something and won millions of dollars in lottery but in next 4 or 5 years he again came back to same work after exhausting all the money from lottery winnings.

Let's face it - these guys made these empires on the Las Vegas strip in a much different era and it's almost impossible to break on to the strip now with all these massively established names around. They would also have had a hell of a lot of financial and even political backing because back when they were created it was still very much the era of the "Goodfella's" film with a lot of murky backroom deals taking place. Most likely involving a lot of powerful friends and family because while they make huge money, you certainly need to keep palms of all kinds greased - police, gaming commissions, political campaigns, various unions, etc. Plus the rivalry between them must have been intense.

You gave a very good example of a garage worker. As I said above, these people succeeded in their lives because of their personal qualities and hard work and only in part because of gambling winnings.

If the garage attendant does not have qualities that would help him to multiply the money he has, then no matter how much money he wins, he will still go back to working in a garage, because he probably can't do anything else.

I agree that these people are not the best role models to follow but anyone who sees anything as a business and has great ideas about it including gambling can become a successful businessman,beside that these people are very few compared to the hundred thousands that keep losing money and they have left a fortune in gambling,they have gone from successful persons to failed ones,they lost everything because of gambling,work,status,friends and family.

So in gambling there is little good and a lot of bad if you are not cautious to not venture deep down in becoming an obsessed gambler.We should point out that the people who have become successful with gambling can be counted with the fingers of just one hand while the people ruined from it cannot be "counted" as they are a huge number.

If you are a type of person who are really that too materialistic and hits up some lottery then it wont really be that surprising nor shocking that you would really be committing out these kind of acts towards your winning

amounts which you wouldnt really be bothering yourself on putting it into a good use but rather you would be buying all the things that you do and you do want to do like a mad man, until you would be able to realize

sooner or later on the time that you do see your money is almost close to the floor line.If you are a person who does mind about your future then of course you would be putting
those amounts in good use on which you do really be wise on making investment rather than on spending it all again on playing gambling or buying lots of useless things.

When peeps simply don't wanna go into gambling, it doesn't mean it's not influencing other people's life positively, it is....but that's not just enough reasons why you should jump into it; people wey meant to make it major through different ways....it's not necessary that you go ahead to try something your instincts doesn't tell you anything positive about...it's called "LUCK".
It's really important that anyone sets his parts right; cus that's what defines you most time.....I'm sure those successful ex gamblers haven't mentioned how much they' Spent already init,  just to win big ??..

Sandra 🧑‍🦰

Let's also take note of the fact that these businessmen are already at the stage of being a success in other industries outside of gambling.

They became professional gamblers on the way since they have a decent bankroll to sustain that habit. I'm expecting a story wherein they came from scratch so I think it's not that they can be considered an inspiration to us. :D

Kidding aside, once we really have a stable source of income thru our respective investments, it's really relaxing to do gambling as we are not pressured to think that we will lose, and will help us to always be in a relaxed state of mind when doing gambling.

I think this is the only possible answers on why they choose to become a business owner.

If you have a lot of money of course you will choose to make your own business just like how the casino made it. One can only dream but if he doesn't have enough money to gamble or to raise their own business then those are privilege already to these mentioned people.

Being a gambler is not a good choice to take to become like them at the end because first of all they are at their success when they made their business. But if you are a loser in gamble then you don't have a chance to become like them, better think twice what you should do with your hard earned money.

We also have to know that there is a link with family history or genealogy with gambling. For example a father who is always gambling is inexplicitly or by implication teaching and introducing the children to his trade and source of income and this means the children will always find themselves around the corridor of such business. So apart from other business investment, someone like that will likely go back to there route. Therefore the link between family business and history should also be x-rayed in these names mentioned and others who have succeeded through gambling. The passion built over childhood is always directional to how successful we are to what we do. They may not have stumbled into gambling but have been built over the years through it and it is not about fate that they went and have succeeded in it but either they had already capital they could toss around with on gambling just like other business endeavour.

I highly agree with that since relying solely on casino to start your business is not advisable and indeed very risky, but it's not that earning from gambling is unacceptable, it's just that this is not for everyone. I also believe that this isn't the only source of income they have, and since they are entrepreneurs they do know the risks involved and how to manage their finances and investment. In short they got lucky enough to win those amazing prizes and used it as an additional investment to further increase their networth.

If they are really lucky and can save their winnings well, can limit their gambling, I think they can build a gambling business like @OP said. It all depends on how hard they try to set up a business, manage it to be big, and can be a source of income for them.

That's why not many people can succeed in doing their business, especially in the gambling business, because many things must really be considered. Everything looks possible with the terms and conditions that apply so they can make it come true. And the luck factor in running a business also helps the business get bigger.

Indeed, its an amazing story, after reading his story I thought about, why business owners should be skilled in different ways including gambling. But, on the second flip, I saw his story as the reason behind the numerous failure of CEX companies including FTX; most of the CEOs during interogation or interviews, regarding the failure of their company and loss of investor's money, they'll say, in order to generate profits for investors, they used investment money to gamble. They must have seen Smith as a role model, not knowing that what worked for Smith may not work for Sam. Smith was lucky, despite risking it all, but I'm not sure he would advise anybody to follow such route. Like you said, he knew when to stop gambling, which is the main skill all gambler should acquire, else they'll watch their business fold right in their own eyes.

There's no side that is more in favour than the other because we all take the risk to make money at the end with gambling, the casino, the developers and the gamblers all have their own target they set but things doesn't work accurately sometimes as planned or expected by them all, that is why if you gambles you are taking a risk on either winning or loosing except for those gamblers who don't mind or give count to how many times they are loosing.

Yes, it is better for a business owner to really know what he is selling take for an example with Mr Sheldon, I don't know he is a professional gambler and we can really say that Marina Bay is very successful and it is very known all over the world, he is just not doing business to earn but it shows how much he loves to gamble and how it gives him joy and entertained.

To gamble responsibly means to gamble in a controlled manner. You won't gamble often or with huge amount so how can you be profitable this way? The only good thing that it can bring to you is you feel more stress free. You will feel entertained and you won't be minding your losses since they are not too much.

I think most gamblers doesn't put their won money in investments because their winnings are not that much. They will only use it again to gamble and entertain their self. It's hard to depend on gambling to make money and use that money outside gambling because there is a tendency that you will feel bad and possibly become an addict because you will always try to make a profit.

I think it should be natural to have a few winners where there are millions of losers. I'm not envious of these guys' successes, but I don't think they are repeatable successes. Still, they can be good examples for us. If they write books about their success, we can learn what tactics they use about risk management. I think this is the most important issue in gambling and financial investments. We can even demand that they distribute their books for free because they are very rich and earn money the easy way. :D

That what matter the most on which you are really making everything in good control which it is really what makes thing to be still in line or just fine.As long you arent that spending too much of your money which it is something on where most people should really be minding off.Doesnt matter if you are a rich person or poor or middle one as long you are in good path then it wont matter if you do make yourself get involved with gambling.I dont really believe much about professional gamblers or what because winning chances are really that depending on how lucky you are.There's no holy grail or what which you would be forcing it
to happen because if not then it would really be creating that desperation.

We have a few successful businessmen who put their experiences in a book and try to educate ootherswith it for free, but that is based on individual perspectives because some will publish the books and get them sold to whoever wants to learn from their wealth of provable knowledge.

-The part in your statement I will not agree with is the part, you mention that those successful gamblers and professionals should be forced to sell those books for free because their wealthy, it doesn't work that way and knowledge is not that cheap anymore,  you have to pay to acquire it.

Did these gamblers who become businessmen later left gambling after winning big jackpots in gambling? It really hard for anyone who is a professional gambler to leave the gambling. I will salute their will power, that they used gambling as a mean to establish themselves and not got greedy to gain more money even after getting big wins from gambling.
Thanks for sharing this as it is really inspirational for the gamblers out here as they can also change their fortune but only if they are disciplined.

There are gamblers who made it to be successful and able to changed their career from being a gambler to businessman, their stories are amazing indeed. However, we know it's not the same for majority of gamblers because these people who succeed in gambling are just lucky and it's not given to many of us.

So if you are going to gamble because of the hope that you might also become lucky and end up just like them, you're doing it wrong. Because gambling is risky and a gambler should know how to manage his/her emotion especially in dealing to losses and know how to gamble with discipline. This way, you can prevent yourself from spending the money that you can't live without since you're aware that this activity can't make you rich quick.

I think they became successful because of the discipline they have in gambling and the wisdom they gained throughout the process on how to control the people around them. Gamblers take big risks and that's the only thing that I find inspiring about them, nothing more.

Money is often not the main thing in gambling. Despite the fact that many people have a lot of money, he expresses his desire to get a little money from gambling. A different feeling is work in this regard. And those who are professional gamblers and businessmen may be gambling for money but do not play ordinary gambling. Maybe they bet big money and it's not as usual. Moreover, even if they lose that bet, it does not affect their personal life as there are various means of financing.

Among the many entrepreneurs in the gambling business, there will be more people who gamble and lose. Those who can use their abilities to manage or create casinos know the risks and can overcome them. And those who at first only gambled but got lucky and won big wins can fulfill their dream of creating their own casino. We have to learn this from their success stories so that we too, can realize the dreams we have made for a long time. But if we feel that gambling is not the right place to make money, we shouldn't try it because we can experience defeat and go bankrupt. Instead of being able to earn money, we even lose money and we can't make our dreams come true.

Most gamblers get their happiness hormones from winning (money).

It seems to me that when you run your business, you can get endorphins as your business expands and brings in more and more income.

It turns out that if you run your business successfully, you get happy hormones on a regular basis. That's why I think it's very easy for successful businessmen to give up gambling. 

Win and defeat always exists in gambling. As we see gamblers have been the owner of the established business today at the same way many have lost their wealth at this platform but those news have not come to us. However, there is always criticism about the successful. Everyone mentioned here took the gambling professionally, maybe they had good financial support or they were lucky.

As I sit here, pondering the critics of prosperous gamblers, a wry smile crosses my lips. Have they not grasped that risk-taking is the very essence of gambling? Occasionally, fortune favors the brave, and they revel in their spoils. Be it a financial leg-up or a stroke of luck, their achievements should not be belittled. Nay, we ought to emulate their daring spirit!

Picture this, though: what's the downside? A few bucks lost, but the gains? Sky is the limit! Even if we don't cash in big, we'll ride that thrill wave. So let's quit hating on those high rollers and roll our own dice. We might just build empires on our own

I still remember the story of the FedEx founder who experienced success because he used his gambling money wisely, So, don't ever use your winning gambling money for things that aren't important and never let your greed dominate you

I've never won more than $5000 lol but I've always put my winnings back into gambling capital and investing in some crypto coins

Yes, I agree with you that it will be kind of hard for a professional gambler to want to leave gambling just after winning a jackpot, because just as our faces differs, so do our reasons for gambling differs also, of which the most common are always for fun & entertainment, and on that note, it can only take a wise man to know that in as much as how professional you may seemed today, you can not always gamble for the rest of your life, and at such retire and focus on what can always generate consistent regular income either in the gambling industry, real estate or any other, while you gamble most times simply for the fun of it.

Gamblers might sometimes take advantage over the house, but in most cases, its always the house that will win over gamblers as gambling casino is certainly design to win, not to lose. However, if gambling casinos cannot stay on top of other casinos and fail to be competitive, then certainly it’s a loss for them. That’s the biggest challenge when you are in a business, you have to make sure that you’re always on top or has the edge over others, otherwise you will lost your business and eventually your expected profits too.

The chances for a gambler to take advantage and win over the house are very slim, and at that, it only takes a lot of luck and skills to beat the house.

-Some time the house edge may work against the house making the gambler to win, but in most cases, the house will always be on the winning side.

There's no such thing as gamblers will be able to take advantage of the house since in the very first place, there's even no advantage for the gamblers to start with. It's just that once a gambler successfully and continuously makes profits at some point in their session, always make sure to be responsible enough to know their limits.

Since the house was designed to favor the casinos obviously, gamblers should learn how to stop once a big profit is already been established. In that way, at least, their money is not just thrown always towards the site but rather should be able to enjoy the winning money outside gambling.

I know and understand the feeling of being tempted more to continue gambling once the winning streak is currently happening since why stop if luck is here? That was a tough challenge for gamblers to decide whether they will continue or stop.