Las Vegas— What is a seven-letter game, which means simple rules, high-limits and natural thief attractor? Baccarat. In this recession stricken city, this table game is one of the few table games on the rise.
Baccarat and online casino games are loved by Cash-rich Asians and money hungry criminals. Thieves view Baccarat as being “ripe for the picking”, at $100,000 per hand, according to security consultant Bill Zender.
The con is not difficult. Baccarat players, upon their wager must draw a third base. To determine the order of the following cards, the con person is now enabled. By stating cheats will be profitable “if they know the next 40 cards”, Zender concurs. Eight hands of winnings will be the approximate result.
Embedding playing and shuffled cards with radio frequency identification chip is what the casinos are attempting to combat the potential loss. The cards will be able to be tracked, once the cards pass over the reads.
For the casinos, this is a win-win situation. To track unusual winning patterns or if non-tracked cards are incorporated into the decks, they will have the ability. Protection of their money is the second win. Over a four year period, the San Diego based Tran Organization is believed to have stolen close to $15 million from casinos.
The house always wins, look out thieves.