Just returned from six nights at the B.
Anyway, I came across a bank of 5x5 slots that were attached to an in house progressive that at the time was just over a million dollars. This progressive resets to $75,000
Two different teams had each taken over half of the machines. Each was bankrolled by one individual who was paying people ( locals) to play these machines 24/7.
I talked to one of the leaders, a nice Australian fellow who lives 2 months a year in LV. I asked him if he felt that this investment was a positive expectation.
He gave me a weird look and merely said that he felt that it was a good deal. He informed me that a team from England had unsuccessfully tried to bring the JP down and had left when it was at $945K and that's when he jumped in.
He and an assistant who relieved him for some sleep time, kept records of smaller hand pays etc. Of course all the machines had players cards in them. One side "Gary" the other side "Rafael"
Night after night, day after day the two "bosses" watched their individual players .
Food via room service was wheeled to these machines and the chairs had been removed so the players could easily move up and down the row.
Needless to say, at times this action drew some nice crowds.
Bellagio mgmt. didn't seem to mind at all.
Early Tuesday morning the Australian's team ( Gary ) hit it !! JP was over $1.3 mil.
Larry Feldman
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