Troubled casino operator seeks tax relief to stay open

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But I’m quite competitive. I don’t really want to get beaten very time I play so I started to learn about it. If you beloved this information in addition to you would want to acquire guidance relating to Happyluke generously go to our page. ‘ I’m going to play online” and I got ab-solutely destroyed. He recalls: ‘I thought “I’m really good at this. The best players, he soon learned, minimise their losses when their luck is bad and maximise it when it is good. Back when he was studying law in Stirling the figures told their own story. In his first profitable year, he made $663 dollars – acceptable for a hobbyist, but nothing more.

I don’t think I could handle that too well. ‘I’m not great with authority – especially when a lot of the work set ups that I see to-day are people who are the boss because they have been there longer rather than because they are better at their job. You just want to be com-fortable.’ If you are sat in a convention centre with 4000 sweaty men all day, you don’t want to be dressed up for a job interview. ‘If you are playing in a poker tournament you can be sat at a table for 14 hours, so you don’t want to be there in a starched shirt and suit.

I think those ideas come from James Bond movies. In the documentary, The Four Rules of the Poker Kings, we see a dressed-down Mr Farrell carrying €25,000 in a Sainsbury’s bag in the streets of Monte Carlo – his buy-in for a secondary tournament in case he loses all the money he wired across to enter the main one. As for the man himself, he pads around in jeans and a T-shirt in the house his gam-bling winnings allowed him to buy outright a few years ago.

The set-up is at once wholly normal and curiously disconcerting. The last couple I haven’t got on so well, but that is to be expected.’ ‘Basically, how it works is one in every six or seven you have a good year which is winning, but you win a [ITALS] lot [CLOSE]. So, you lose small, lose small, lose small … and then I had one year when I won close to $900,000 over the two months, so you have to be there to do it.

And there is little glamour in the soulless conference rooms where hundreds – even thousands – of the world’s top players converge to take money off each other. So do many of his fellow players. He wears jeans and T-shirts at the poker tables too. Though far from a household name, he is the Andy Murray of this much-misunderstood mind sport, rubbing shoulders with the greats of the game at tourna-ments around the world and, occasionally, taking them to the cleaners.

To date, his winnings stand at more than $11 million (around £8.5 million) – of which he counts $4 million as pure profit.