SunCruz Casinos
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SunCruz Casinos
SunCruz Casinos was one of many cruise lines that offered "cruises to nowhere," legally transporting passengers into international waters beyond the reach of federal and state gambling laws. Four ships operated out of four ports including Jacksonville (''SunCruz VII''), Key Largo (''SunCruz I''), Myrtle Beach (''SunCruz VIII''), and Port Canaveral (''SunCruz XII''). On December 16, 2009, SunCruz Casinos was reported to be closing amid reports of owing $300,000 to the Canaveral Port Authority. Parent company Ocean Casino Cruises filed Chapter 7 bankruptcy December 28. At the time of the filing of bankruptcy, there were about 300 full-time and part-time employees. History In 1994 Gus Boulis, already a multi-millionaire by founding the Miami Subs sandwich shop franchise, bought a number of luxury yachts. He remodeled the yachts as casinos, and began to operate his "cruises to nowhere," sailing three miles from the Florida coast into what was then considered international waters. ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Miami Subs
Miami Grill, formerly Miami Subs Grill, is a privately held restaurant chain, based in the US state of Florida. The chain has approximately 30 locations, the majority of which are in Miami-Dade, Broward, and Palm Beach County Florida. The company's menu consists of such items as wings, philly cheesesteak sandwiches, and Gyros along with items from Arthur Treacher's and Nathan's Famous hot dogs, all of which operate co-branding agreements with Miami Grill, and which were corporate siblings of Miami Subs from 1999–2007. History Founding The founder of the company, Gus Boulis, helped build the Mr. Submarine, now known as Mr. Sub, restaurant chain in Canada from a single location to over 200 locations, after which he retired to Florida. In 1980, he opened another restaurant in Key West called Mr. Submarine, which later expanded into Miami Subs Grill, offering a greater variety of food, all cooked to order. Expansion Miami Subs Grill built this concept and expanded rapidly in th ...
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Defunct Gambling Companies
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Gambling Companies Disestablished In 2009
Gambling (also known as betting or gaming) is the wagering of something of Value (economics), value ("the stakes") on a Event (probability theory), random event with the intent of winning something else of value, where instances of strategy (game theory), strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the ...
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Gambling Companies Established In 1994
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universal ...
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Defunct Cruise Lines
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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List Of Defunct Gambling Companies
This is a list of defunct gambling companies. Defunct gambling companies * Argent Corporation – company in Las Vegas, Nevada that at one time controlled the Hacienda Hotel/Casino, the Stardust Resort & Casino, the Fremont Hotel and Casino and the Marina Hotel and Casino * Aztar * Boomtown, Inc. * Caesars World – grew to eight casinos and resorts over the years, until going through a series of ownership changes beginning in 1995, and was ultimately absorbed by Park Place Entertainment in 1999 * Casino Magic Corp. * Chartwell Leisure * Fairground Gaming * Fitzgeralds Gaming * Gold Strike Resorts * Grand Casinos * Hollywood Casino Corp. * Lady Luck Gaming * Lakes Entertainment * Leisure and Gaming * Mandalay Resort Group – in terms of market capitalization, was one of the largest casino operators in the world. Mandalay Resort Group was a hotel-casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus ...
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SunCruz Aquasino
The SunCruz Aquasino was a 220 foot long, 600 passenger, 5-hour gambling cruise ship based in Little River, South Carolina. The SunCruz Aquasino offered "Cruises to Nowhere," legally transporting passengers into international waters beyond federal and state gambling laws. SunCruz Aquasino offered classic table games such as blackjack and craps, as well as a live poker room and slot machines. Operations for the gambling ship abruptly ceased in July 2014. History SunCruz was founded by multimillionaire Konstantinos "Gus" Boulis (who also founded the Miami Subs sandwich shop franchise). Boulis purchased eleven luxury yachts which he remodeled into casinos. These would conduct "Cruises to Nowhere", consisting of a three-mile cruise from the Florida coast into what was then considered international waters. While in international waters, passengers could gamble on poker, blackjack and slot machines. Boulis named the fleet the SunCruz Casino line. By the time of its sale in 2000, SunC ...
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Jack Abramoff
Jack Allan Abramoff (; born February 28, 1959) is an American lobbyist, businessman, film producer, writer, and convicted felon. He was at the center of an extensive corruption investigation led by Earl Devaney that resulted in his conviction and 21 other people either pleading guilty or being found guilty, including White House officials J. Steven Griles and David Safavian, U.S. Representative Bob Ney, and nine other lobbyists and congressional aides. Abramoff was College Republican National Committee National Chairman from 1981 to 1985, a founding member of the International Freedom Foundation, allegedly financed by apartheid South Africa, and served on the board of directors of the National Center for Public Policy Research, a conservative think tank. From 1994 to 2001 he was a top lobbyist for the firm of Preston Gates & Ellis, and then for Greenberg Traurig until March 2004. After a guilty plea in the Jack Abramoff Native American lobbying scandal and his dealings with Su ...
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Slot Machine
A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively as one-armed bandits because of the large mechanical levers affixed to the sides of early mechanical machines and the games' ability to empty players' pockets and wallets as thieves would. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated. Some modern slot machines still include a lever as a skeuomorphic design trait to trigger play. However, the mechanics of early machines have been superseded by random number generators, and most are now operated using buttons and touchscreens. Slot machines include one or more currency detectors that validate the form of payment, whether coin, cash, voucher, or token. The machine pays out according to the pattern of symbols display ...
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Blackjack
Blackjack (formerly Black Jack and Vingt-Un) is a casino banking game. The most widely played casino banking game in the world, it uses decks of 52 cards and descends from a global family of casino banking games known as Twenty-One. This family of card games also includes the British game of Pontoon, the European game, Vingt-et-Un and the Russian game Ochko. Blackjack players do not compete against each other. The game is a comparing card game where each player competes against the dealer. History Blackjack's immediate precursor was the English version of '' twenty-one'' called ''Vingt-Un'', a game of unknown (but likely Spanish) provenance. The first written reference is found in a book by the Spanish author Miguel de Cervantes. Cervantes was a gambler, and the protagonists of his " Rinconete y Cortadillo", from ''Novelas Ejemplares'', are card cheats in Seville. They are proficient at cheating at ''veintiuna'' (Spanish for "twenty-one") and state that the object of the gam ...
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Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ...
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