did we ever get a reason for the closing of bally's sportsbook?

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"i had a hundy but i bet a grand"
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talked to a few pals that just got back from lv..they stayed at bally's... bet horses at the paris(4 about 10 minutes then couldn't take the confinements of such a tiny book and went across the street to belaggio?)..everyone they asked in the bally's casino who worked there seemed mum on the subject of the book closing......as if they were told not to speak of it...what the hell is goin on out there?....now it might not open til the beginning of october!!
 

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Yes it was to Save money, they let go a lot of race and sports employees or moved them over to Paris
 

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Good, the only thing Bally's had going for them was its book.
 

Where Taconite Is Just A Low Grade Ore
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30+ Yrs Ago They

25 years from now race and sports books might not exist in LV; this could be the beginning of the end.

DIDN'T exist in LV. At least in Casinos, it was rare to find one. I remember when I first started going out there, I'd walk in the front door and ask the first employee I saw "where's the sports book"? More times than not they didn't have one. Of course there was Churchill Downs & free standing places like that. But not in the casinos. Fish or Wil, what was that guy's name (Gary something), that fleeced everybody by claiming the place got knocked over? Mid Strip, madhouse for hoops around 4:00 or so when they posted lines. 2 you could always count on were the Castaways & Stardust. Liked the Castaways, must have been the smallest place ever on the strip.
 
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oh shit this sucks I going there on June 1 What the hell is going on I like the book at Ballys what the heck am I am going 2 do shittttttt
 

RX Senior
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walk to Planet Hollywood. great book

or Bellagio

Ballys sportsbook is dated and sucks anyway
 

"i had a hundy but i bet a grand"
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walk to Planet Hollywood. great book

or Bellagio

Ballys sportsbook is dated and sucks anyway
and the limits suck and some of the tellers are assholes who would rather watch the game on the screen backwards than bother with yer bet...BUT...the booze is free and i don't have to get up and hassle at the bar or ask for fucking drink tickets....
 

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they have a bar in the book at planet hollywood and they give out drink tickets like candy on Halloween.
 

powdered milkman
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used to love betting the races down there and rolling over to sbarros and getting some pizza..........oh well
 

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Real strange that they are giving no reason why the book closed down for a few months.
 

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My buddy walked by a few weeks ago and said it looked like the thing was being gutted.

If thats the case, doesnt sound like it will be back anytime soon. At least not at its former location.
 

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DIDN'T exist in LV. At least in Casinos, it was rare to find one. I remember when I first started going out there, I'd walk in the front door and ask the first employee I saw "where's the sports book"? More times than not they didn't have one. Of course there was Churchill Downs & free standing places like that. But not in the casinos. Fish or Wil, what was that guy's name (Gary something), that fleeced everybody by claiming the place got knocked over? Mid Strip, madhouse for hoops around 4:00 or so when they posted lines. 2 you could always count on were the Castaways & Stardust. Liked the Castaways, must have been the smallest place ever on the strip.

Gary Austin
[FONT=Arial, Helvetica]TradeWinds Sportsbook Implicated in Phoenix, Arizona Bust [FONT='Trebuchet MS',Verdana,Helvetica,sans-serif] <!-- AddThis Bookmark Button BEGIN --> TradeWinds Sportsbook, long affiliated with one of Las Vegas' most hated figures, Gary Austin, has been mentioned in the latest US stateside bust where credit bookies, agents and even players are expected to be reeled in over the coming weeks. [/FONT]
A video news feed from Phoenix KPHO shows charts that refer to TradeWinds.
Watch Video[FONT=Arial, Helvetica] [/FONT]
[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif] The Maricopa County Sheriff's Office said it served 44 search warrants on Tuesday in a two-year-long undercover operation designed to break up an international gambling ring based in Phoenix.

Sheriff Joe Arpaio said in "Operation High Stakes," undercover deputies successfully penetrated four separate but loosely connected groups working out of various homes and businesses in the Valley that used Internet-based betting sites to take illegal gambling bets online or via toll free telephone numbers.

Arpaio said that while most bets were made online through Costa Rica-based betting sites, the payouts and collections occurred in local Phoenix bars and restaurants throughout the Valley.

Arizona-Bookmaking-Arrests.jpg
"Millions of dollars were being collected, sometimes extorted from people here who placed bets through these illegal gambling operations," Arpaio said. "If someone couldn't pay their debts, interest rates as high as 51 percent were levied."

Arpaio said that large amounts of cocaine were also flowing through these gambling syndicates.
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It is not known how much TradeWinds was immersed in this matter or if they even knew the extent of this gambling ring. Furthermore, Gambling911.com does not know if any principals in TradeWinds are named in the complaint.
For years, TradeWinds has dealt with the stigma attached by having Gary Austin among its owners/investors. While TradeWinds itself has a relatively clean track record and was one of the first betting shops to land in Costa Rica, Austin's past in Vegas is anything but.
What Happens in Vegas Doesn't Always Stay There
Old time Vegas sports bettors are not so forgiving of Gary Austin, though most of today's online gamblers know little about the man's colorful history, which includes an alleged "inside" robbery of his own sportsbook back in the 1980's. Such allegations have never been fully confirmed nor has Austin himself ever come forward to explain just what happened that fateful night.
That's because Austin skipped town very shortly thereafter, shutting down his Vegas book.
A knowledgeable sports bettor and runner by the name of Reno, known for traveling from one book to another via his bicycle, once posted on the Bettorsworld Sports Gambling Forum:
"Gary Austin, who owned and managed Gary Austin's race and sports book, was a degenerate gambler, who, as many people know, bet millions on a World series (was it the one between Kansas City and St. Louis) and lost because of a blatantly bad call by a first base umpire.
"Anyway, because of the loss, Austin's set up a fake robbery of his race and sportsbook, and used this as an excuse to close his establishment and stiff the players, me among them.
"The investigation was a farce, and Austin got off scot-free. The Gaming Control Board did nothing to help bettors recoup their losses and took no legal action against Austin."
Austin may not have been charged in this matter, but old timers in Vegas still hold a grudge against the man and it has been noted he's hardly welcome in Sin City, even today.
Investigators in Phoenix say that dozens of actual gamblers may be rounded up as well in the coming weeks, though again it is not known what if any impact this matter will have on TradeWinds daily operations. Some would speculate, probably none.
----
Christopher Costigan, Gambling911.com
Originally published May 1, 2007 7:25 am ET [FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]
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