Tag Archives: various

The Forging Of Casino Coins

Instead of the regular casino bonuses or comps, this man tried something different. His name is Louis B. Colavecchio, also known as “The Coin”, 64 year old Colavecchio is a well known organized crime associate. He researched means and ways of producing similar counterfeits of various slot machine coins in various casinos. The tokens he and his gang created ranged from $5 all the way up to $100.

Some of the casinos he victimized were Foxwoods and Mohegan Sun, both located in Connecticut. However he also forged coins at places such as the world famous Trump Marina Casino, the Trump Plaza Casino, Atlantic City Hilton, Taj Mahal Resort, Sands Casino and Caesar’s Palace Casino.

To forge the coins, Colavecchio took the coins from the aforementioned casinos and would then make rubber molds where the coins will be duplicated after certain chemical procedures took place. To complete this, he utilized the services of chemists who determined what the original coins were made of. He would then distribute the counterfeit tokens to other associates who would also earn from it.

The downfall came when the casinos observed a surplus of coins from their slot machines, which then led to suspicion. The cases were reported to the FBI went and the agency on an operation to trap Colavecchio and his gang. The operation ended in a success which led to the capture of “The Coin” Colavecchio, after raiding his home.

The 64 year old suspect faces various charges which include 10 counts of forgery, counterfeiting and of course, alteration of trademark. However, he was released after paying $25, 000 worth of surety bond. A Providence district court granted him temporary freedom after he appeared in court.

Winning Powerball

Winning Powerball

Powerball is the popular mega jackpot played by millions throughout the United States. Powerball was originally known as Lotto America and in 1992 the name was changed to Powerball. Powerball drawings are held on Wednesdays and Saturdays in Florida at 10:59 PM. Players select five numbers from 1 to 59 and a Powerball number from 1 to 39. Tickets are only $1 and winning Powerball can be a life changing experience. Powerball has awarded the largest single jackpot in the US. On February 18, 2006 one ticket won a $365 million jackpot which was shared by a lottery syndicate consisting of eight people.

In 2010 the Multi State Lottery Association and the Mega Millions lottery reached an agreement allowing cross sales of tickets for both lotteries in most states. The move was well received and there is talk of both lotteries merging into one single National Lottery. And various game concepts are being tested.

Winning Powerball is largely a matter of luck since lotteries are random games of chance. The player who opts for the quick pick option where numbers are selected by a random number generator has an equal chance of winning as a player who uses a complicated system to pick lottery numbers. There are thousands of websites touting various lottery ‘methods’ to help players pick numbers. Some of these are based on occult ‘sciences’ and can get quite outlandish, while others are based on complicated formulas and algorithms. For many players using these methods only adds to the fun and excitement of playing Powerball and other lotteries. History shows that most big Powerball winners have used the quick pick option but no matter how the numbers are picked the motivation is the same; winning Powerball.

Powerball also offers players the chance to increase non jackpot winnings by selecting the ‘Power Play’ option. Players can multiply their non jackpot winnings by as much as five times using the Power Play option. The success of the Power Play option has led several lotteries to add similar options. Winning Powerball does not require any special skills; just a lot of luck! The odds of hitting all five numbers plus the Powerball are 1 in 195,249,054.00 but even so winning Powerball is a common occurrence. In the near future most lotteries, including Powerball, are expected to offer online lottery ticket sales. Once federal regulations are clarified the shift to online lottery ticket sales will likely take place and winning Powerball will be easier than ever!