Macau being a former Portuguese colony and China’s gambling enclave is experiencing a battle of control that strongly reminds of a cruel and aggressive fight.

Casino operator Wynn Resorts planning to open its Wynn Macau resort on September 5, announced their decision to sell the right to build a casino resort in Macau to Australian media and entertainment group Publishing and Broadcasting the value of which runs as high as $900 million and five times exceeds its forecast sum.

Obviously the above agreement does not spoil Wynn’s plans to construct its own casinos in Macau, and it helps to prevent the world’s largest casino operator, Gary W. Loveman’s Harrah’s Entertainment, from entering Macau gambling business.
Wynn’s license was the last one available in the former colony until at least 2009. The decision made is explained by Wynn’s vital focus in Macau and their willingness to enhance the future opportunities of the former Portuguese colony, and having allowed PBL to enter the business they definitely made an outstanding attempt to improve, upgrade and expand the quality of investment there. In the end future positive perspectives of the gambling business in Macau are associated with future positive perspectives for Wynn Resorts.

The story took place in February at Wynn, Las Vegas. Andy Beal, a Texan banker, who is said to have made a billion fortune, took part in the greatest head-to-head poker game. Playing in rotation against the best, first-class high-stakes poker players on the Earth, such as Phil Ivey, Jennifer Harman, Todd Brunson, and Ted Forrest, Andy Beal set $20 million on a cast!

Within the month Andy Beal competed with many players, and the stakes made up $30,000-$60,000 and $50,000-$100,000. So, on average the hand pot was over $300,000 while the largest pot amounted to $1.9 million. There were 20 of the best poker players in the world there ready to play, but the stakes were amazingly high, and they had nothing to do but to pool their bankrolls. The game couldn’t be started unless either side had $10 million on the table with some more millions having been reserved. There were three series of matches in February but within a day they could either win or lose up to $10 million, and a session had two $8 million swings.

The game described is said to be the richest poker game of all the time with the greatest installment. It’s surprising but being an owner of one of the most profitable Texan banks, Andy Beal used to be a pretty shy and modest person who was fond of theoretical mathematics and astrophysics. In 2001 Andy Beal discovered a new hobby for himself – playing poker. We can count six occasions between the years of 2001-2004 when he played one-on-one by rotation against the high-stakes professionals. Despite Andy’s numerous losses in those games, he became a top-class high-stakes heads-up poker player whose winning within a five-day period made up $5.5 million and another time within a day he won $12 million.

The games with such astronomical sums can be called historically important in the poker world. And it’s natural that there was only one person who might table side document those events – Bluff poker columnist Michael Craig – the author of The Professor, The Banker and The Suicide King: Inside the Richest Poker Game of All Time (Warner Books, June 2005). Being rather an important and respected personality he assisted in the arrangement of the high-stake rematch and willingly agreed to document the 2006 poker games.