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Author Topic: The journey of successful business man who were professional gamblers  (Read 596 times)
Kakmakr
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March 17, 2023, 06:14:47 AM
 #61

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.  Roll Eyes

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March 17, 2023, 06:23:44 AM
 #62

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.

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March 17, 2023, 06:33:42 AM
 #63

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.

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.



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March 17, 2023, 06:52:18 AM
 #64

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)


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.  Roll Eyes
and also not to mention aside from stake there are Roobet that has Snoopdog in their side .

_______________________


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.

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March 17, 2023, 08:30:42 AM
 #65

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.
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.









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March 17, 2023, 09:37:55 AM
 #66

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.

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.
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.

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March 17, 2023, 11:18:09 AM
 #67

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.

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March 17, 2023, 11:45:11 AM
 #68

~
-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.
~

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.

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March 17, 2023, 12:17:31 PM
 #69

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.

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March 17, 2023, 12:42:43 PM
 #70

~

~

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.


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.



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March 17, 2023, 01:09:08 PM
 #71

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?

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?

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.

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.


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March 17, 2023, 01:32:43 PM
 #72

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.
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.  Grin

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March 17, 2023, 01:49:37 PM
 #73

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

R


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March 17, 2023, 02:03:12 PM
 #74

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.
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March 17, 2023, 02:08:14 PM
 #75

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. 
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March 17, 2023, 02:18:15 PM
 #76


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.
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.

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March 17, 2023, 02:20:43 PM
 #77

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. 

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.

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danherbias07
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March 17, 2023, 02:46:15 PM
 #78

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.
Quote
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week.[13]
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.

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Westinhome
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March 17, 2023, 03:00:16 PM
 #79

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.
erep
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March 17, 2023, 03:47:21 PM
 #80

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.
Quote
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week.[13]
https://en.wikipedia.org/wiki/Frederick_W._Smith#:~:text=In%20the%20early%20days%20of,the%20company's%20%2424%2C000%20fuel%20bill.
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.

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