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Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

A Deep Dive - Ghislaine Maxwell: Silver Spoons and Hard Times

A Deep Dive - Ghislaine Maxwell: Silver Spoons and Hard Times
This story was published in Frank's Report. Frank Parlato is an investigative journalist. Frank Report is one of the internet’s best destinations for true, unfiltered, hard-hitting journalism run by the acclaimed journalist Frank Parlato.
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Ghislaine Maxwell – Silver Spoons and Hard Times

August 9, 2020
By Paul Serran
https://frankreport.com/2020/08/09/ghislaine-maxwell-silver-spoons-and-hard-times/
http://archive.is/by7md
Ghislaine Maxwell led much of her life under the world’s fascinated microscopic view, always enthralled by her – famous and infamous – as it watched her fortunes wax and wane.
From the celebrated miracle daughter of media tycoon Robert Maxwell; to the broken young woman who fled scandal in the UK to a small New York apartment, trying to launch a new life; the rebirth Jet-set Ghislaine, who was everywhere at once, longtime companion of Jeffrey Epstein, a man even richer and more shady than her father; the sophisticated middle age woman, a runaway alleged criminal trying hard to avoid detection by her pursuers – finally, to the incarcerated, indicted suspected sex trafficker and perjurer.
Ghislaine was Robert and Betty Maxwell’s miracle baby, born on Christmas Day, 1961. Two days after that, their eldest son suffered a fatal car accident.
In 24 hours, it all had been somehow foretold: joy – and then tragedy.
During the Swinging Sixties, Robert Maxwell served two terms as a Labour Member of Parliament (MP) for Buckingham. He led a multimillionaire lifestyle, and was the host of star-studded parties at Headington Hill Hall, his baronial fifty-three-room Oxford mansion.
The Maxwells spent a million dollars redecorating the mansion. In a stained glass window scene for the imperial staircase, Israeli sculptor Nehemia Azaz depicted Robert Maxwell as the biblical hero Samson tearing down the gates of Gaza: “a titan of luck, impossible achievement, and unlimited wealth”.
They had the use of chauffeured luxury cars. They traveled the world in Robert’s Gulfstream IV Jet and his sleek 180-foot yacht, named Lady Ghislaine.
“If Bob Maxwell didn’t exist, no one could invent him,” Labour Party leader Neil Kinnock celebrated the bombastic, demanding mogul who dined with kings and presidents and had a bottomless appetite for family, food, fortune, and fame.
The first brush with financial and professional hardship came at a age when young Ghislaine would have been mostly sheltered from it.
In the early seventies, after Robert Maxwell tried similar shenanigans in a failed attempt to swindle the American financier Saul Steinberg, who was interested in a strategic acquisition of Pergamon Press. Steinberg claimed that during negotiations, Maxwell falsely stated that a subsidiary responsible for publishing encyclopedias was extremely profitable.
At the same time, Pergamon had been forced to reduce its profit forecasts for 1969 during the period of negotiations, leading to a suspension of dealing in Pergamon shares on the London stock markets.
It was found that Maxwell had contrived to maximize Pergamon’s share price through transactions between his private family companies. This was a criminal practice he would utilize again in the future.
Inspectors from Britain’s Department of Trade and Industry declared Maxwell unfit to run a public company: “Notwithstanding Mr. Maxwell’s acknowledged abilities and energy, he is not in our opinion a person who can be relied on to exercise proper stewardship of a publicly quoted company.”
‘Captain Bob’ established the Maxwell Foundation in tax haven Liechtenstein, in 1970. By the 1980s he come back roaring, prompted by money later said to have originated in the Soviet Union. He bought the Mirror Group built and a massive media conglomerate.
The good times were on: Ghislaine was nicknamed “The Shopper” because of her wild spending funded by Robert’s millions. He also bankrolled her failed corporate gifts business.
During this period, she reportedly had a VERY close relationship with her father and was widely credited with being her father’s favorite child.
In Oxford, Ghislaine led a student life of wealth and privilege. Her father would send Filipino servants to the college house she shared to clean, arrange the table and cook, in the event of a party.
Her career piggybacked on her father’s businesses. She was made director of the Oxford United, and later, put in charge of “special projects” of the New York Daily News.
With her father’s money, she found her way into society, especially in New York — a haven where she could escape his complete control.
But the good times were not to last. Overextended and over-leveraged, Maxwell’s empire was about to crumble.
At this time, Maxwell reportedly was a regular at London’s casinos, playing three tables at once, even dropping $2.5 million in a single night. For years, he had been an inveterate gambler, but this was the behavior of a desperate man whose time was running out.
“He was a very crude man,” said a female writer for Time magazine. “His polish was not very deep. If you were with him for any length of time, it peeled away. I was in his library in the Maxwell House penthouse—a beautiful apartment with marble and servants all over the place—and while I was admiring his books, his valet said to me, ‘You should see Mr. Maxwell’s collection of pornographic tapes’.”
Ghislaine visited her father in his office before he flew off to Gibraltar. “He was looking for an apartment in New York—a sort of pied-à-terre, where he could talk and have meetings—and he wanted me to help him,” she told Vanity Fair. “He asked me to go see a particular apartment. He said, ‘If you like it, I’ll make time to see it and come to New York.’ ” But the next time Ghislaine saw her father, he was dead.
”Ghislaine is the baby of the family and the one who was closest to her father,” her mother Betty told Vanity Press. ”The whole of Ghislaine’s world has collapsed, and it will be very difficult for her to continue.”
When she finally appeared before the reporters, she had collected herself. “How did your father die?” a journalist shouted at Ghislaine Maxwell. “He did not commit suicide. That was just not consistent with his character. I think he was murdered. ”
Maxwell, it turned out, had debts of nearly $5 billion, and had stolen hundreds of millions from the Mirror Group’s pension funds to shore up his faltering companies. That left 32,000 employees exposed to retirement ruin.
The irony was not lost on the hard-hitting British press: Robert Maxwell, a socialist, stealing hundreds of millions of pounds from the Mirror’s pension fund!
He swindled money from two of his public companies, transferred millions in and out the secret family trusts in Liechtenstein, to manipulate the share price of his Corporation.
Robert was called “rogue,” “crook,” “bully,” “thief,” “megalomaniac,” and “gangster.” The press told lurid tales of his sex orgies with midget Filipino hookers.
He was seen as a 310-pound aberration gorging on spoonfuls of caviar. An erratic and cruel tyrant who used Turkish towels for toilet paper. Journalists wrote that he was a spy for the K.G.B. or Mossad or Czech intelligence—or all three.
“My daughter Ghislaine has no money, no trusts, no funds anywhere.” her mother Betty told Vanity Fair. “Neither of [my children] had any money. Their father never gave them any money.”
Their assets were frozen. His son Kevin’s house was put up for sale, as were the Lady Ghislaine and the Gulfstream IV Jet. Their passports were seized.
A friend told The Times of London, “[Ghislaine] had always been the life and soul of the party wherever she wanted to go in the world and never had to worry about money.” Now she was the broken child of a monster, his name forever synonymous to scandal. “She was catatonic,” the friend said.
Forced to vacate her huge company-provided residence, she moved into a small apartment. When a friend came to visit, Ghislaine told her, “They took everything—everything—even the cutlery.”
Little did she know how many more times things in her life would shift from silver spoons to hard times. A woman brought up in luxury, she had everything taken from her, before she came to the United States to begin again.
“He wasn’t a crook,” Ghislaine told Vanity Press. “A thief to me is somebody who steals money. (…) Did he put it in his own pocket? Did he run off with the money? No. And that’s my definition of a crook.”
“I’m surviving—just,” she said. “But I can’t just die quietly in a comer. I have to believe that something good will come out of this mess. It’s sad for my mother. It’s sad to have lost my dad. It’s sad for my brothers. But I would say we’ll be back. Watch this space.”
Ghislaine Maxwell was also being hunted by the tabloids. The Maxwell name was so detested in London that she is said to have had to walk around in a blond wig so people wouldn’t recognize her.
Ghislaine Maxwell’s reinvention didn’t take long. Maxwell moved to the United States just after her father’s death. Her photograph boarding a Concorde to cross the Atlantic caused outrage – her father had just defrauded pensioners out of 750 Million Sterling Pounds.
According to the Mail on Sunday: “Unnoticed by almost everybody, traveling with her was a greying, plumpish, middle-aged American businessman who managed to avoid the photographers. It is to this man that 30-year-old Ghislaine has turned to ease the heartache of her father’s shame.”
“His name is Jeffrey Epstein.”
“Whose house is this, Ghislaine?” a friend asked her in the early 1990’s. “Who lives here?”
My friend,” Maxwell replied.
“Well, is he banging you?” the friend demanded. “What’s the scoop here?”
A trust fund is said to have provided her with an income of $145,000 a year. A far cry from her previous seemingly unending wealth. She “never, ever had any cash. Lots of credit, of course, but no cash”, one friend recalled to the press.
And yet, she lived the high life. She was known in New York as the “female Gatsby” for her lavish entertaining. Had a “reputation for being charming and funny, and a glittering lifestyle straight out of the pages of a society magazine”.
She was now “far from the ever watchful eye of the British press,” Hello! magazine wrote in 1997.
“She is proud of the fact that her new life is all down to her own hard work and has her elegant apartment to show for it,” the magazine mistakenly added. One day, she would “get married and have kids. But it has never been a focus: My focus is my business.”
Ghislaine’s presence added more fuel to the question: “How did Jeffrey Epstein amass his fortune?” For one of the most propagated theories is that Maxwell’s father Robert bankrolled him with funds hidden from the UK authorities.
Jeffrey Epstein built a 21,000-square-foot mansion on a massive ranch in New Mexico, which – he boasted – made his New York townhouse “look like a shack”. He named it the Zorro Ranch. He also acquired a 72-acre island in the Virgin Islands and an 8,600-square-foot home in Paris, with a specially built massage room.
She had found a path back to the lifestyle she’d lost when her father died. “She was used to living very well,” says a friend who knew her then. “She didn’t want to go back to where she was.” All she had to do to keep it was to give ‘the monster’ what he wanted.
Maxwell was expected to drop everything to serve Epstein.
She had to keep everyone in line, because one misstep would unleash the wrath of Epstein, one of the few people who could make Maxwell cry. “He would be screaming over the phone,” recalled an Epstein victim, “and she would burst into tears.”
The New York townhouse became a social nexus; guests could have included members of the Kennedy and Rockefeller clans, “along with the requisite sprinkling of countesses and billionaires,” according to The Times of London.
She was “a modern-day geisha” in a “domain filled with the richest people in the planet. “It’s a world frequented by young half-naked girls in bikinis, billionaires and lavish lifestyles, but it borders on the grotesque. You are never really sure what is going on behind closed doors.”
Royalty was specially prized, which is why her friendship with Prince Andrew became so treasured. In 2000, Maxwell and Epstein attended a Prince Andrew’s party at the Queen’s Sandringham House estate in Norfolk, England. It has been reported that the event was in honor of Maxwell’s 39th birthday.
And yet, Ghislaine began trying to distance herself from Epstein long before he went to jail. In the early 2000s, she hooked up in California with a man much richer than Epstein: Ted Waitt.
Waitt lived in a seven-bedroom, 14-bath mansion in La Jolla, sailed the world aboard a 240-foot mega-yacht, the Plan B. It was equipped with a helipad, Jacuzzi, elevator, gym, and HAD AN ONBOARD SUBMARINE, which Maxwell soon was licensed to pilot.
After Epstein went to prison in Florida for a short period, Maxwell saw the silver spoons turned into hard times again.
Acquaintances that crossed her path reported how she was almost unrecognizable. She was not stylish and attention grabbing anymore, seemed determined to go unnoticed. Her face had no makeup. There was a hint of gray in her black hair, she put on some weight.
“I was so shocked by her look,” a friend recalled to the British press. “I didn’t recognize her.”
She even gave up her once proud name, sometimes introducing herself to new acquaintances only as “G.”
“Where are you living, Ghislaine?” the friend asked. “I lost touch with you.” Maxwell suddenly went blank. “Oh,” she replied, “a little bit everywhere.”
December 2014: Virginia Roberts Giuffre filed a motion in the Southern District of Florida describing Maxwell as Epstein’s “primary coconspirator and participant in his sexual abuse and sex trafficking scheme.”
Maxwell made a huge mistake, issuing an “urgent” statement to the media dismissing the claims as “obvious lies.” That allowed Giuffre, to sue Maxwell for defamation in federal court in New York, a lawsuit “widely viewed as a vessel for Epstein’s victims to expose the scope of Epstein’s crimes,” according to the Miami Herald.
Maxwell affirmed her innocence with fury, at one point of her testimony banging her fists on the table. She also, according to charges filed by the DOJ SDNY, committed two counts of perjury.
2019: when the SDNY reopened the criminal investigation into Jeffrey Epstein, Ghislaine was far away, living the high life.
She met with her friend Prince Andrew in Buckingham Palace, and participated in “Cash & Rocket”, an annual charity road rally. Between races of the rally, she joined the super rich in attending a Masquerade Ball in London’s Victoria and Albert Museum, as well as a White dinner at La Reserve in Geneva and the Red party at the Yacht Club de Monaco.
Those were to be her last reported events. Cash & Rocket scrub Maxwell’s photo from its website once Epstein was arrested and the scandal assaulted the headlines again.
On July 6, 2019, Epstein was arrested by federal agents at Teterboro Airport, arriving from Paris. The FBI raided his mansion, and charged him with sex trafficking of minors.
“Epstein’s pimp girlfriend, Ghislaine Maxwell, a very well-connected Brit socialite cannot just walk free,” actress Ellen Barking tweeted the day after Epstein’s arrest. “This woman is his pimp. She pilots planes [sic] to and from the island. I know because she told me.”
Maxwell again went into hiding, unreachable during legal proceedings. It surfaced in December 2019 that Maxwell was among the people under FBI investigation for facilitating Epstein’s crimes.
She was faced with a tabloid frenzy even bigger than the one that accompanied the death of her father. She again uprooted herself and tried to start over in Manchester-by-the-Sea, a quiet village 30 miles north of Boston, she lived for a time in the $3 million, five-bedroom colonial home of Scott Borgerson, CEO of CargoMetrics, a hedge fund investment company involved in maritime data analytics.
Since Epstein was found dead in jail, last August, she is reported to have moved 36 times, out of fear for her safety. Credible Death threats arrived by social media, email, phone, text, and postal service. It began in earnest with Epstein’s arrest, multiplied with his death, and accelerated in the months that followed. They soon became a routine part of her life.
She hired a professional security firm, with operatives that are veterans of intelligence and law enforcement agencies.
This photoshopped photo of Maxwell surfaced last year to mislead the public into thinking she was in Los Angeles. Frank Report was the first to report the photo a fake, a story that went viral.
“Where in the world was Ghislaine Maxwell? Everyone, it seemed, had a theory, each wilder than the last. She was said to be hiding deep beneath the sea in a submarine, which she was licensed to pilot. Or she was lying low in Israel, under the protection of the Mossad, the powerful intelligence agency with whom her late father supposedly tangled. Or she was in the FBI witness protection program, or ensconced in luxury in a villa in the South of France, or sunning herself naked on the coast of Spain, or holed up in a high-security doomsday bunker belonging to rich and powerful friends whose lives might implode should Maxwell ever reveal what she knows—all the dirty secrets of the dirty world that she and Epstein shared.”
(Vanity Fair – Jul 3, 2020)
Maxwell remained at large, beyond the reach of attorneys, tabloid reporters, and a 10,000-pound reward from The Sun in London.
“It’s a little bit like Elvis—you get lots of reports but they’re hard to verify,” a victim attorney said in May.
She was periodically said to have been spotted around the world, usually in places where she was not. Reporters scoured the globe. Some said she was in Russia trying to get a Oligarch to protect her. Others pointed to Israel or Brazil, China, Singapore, the Middle East, England.
She was “both everywhere and nowhere,” lamented UK’s The Guardian.
On August 2019, she was apparently photographed eating a burger and fries in the Cahuenga Boulevard, in the San Fernando Valley. She held The Book of Honor: The Secret Lives and Deaths of CIA Operatives. Given Ghislaine and her father Robert’s alleged ties to Intelligence Services, this choice does not seem accidental.
Papers were running out of incredible stories to account for her disappearance. A bizarre new theory emerged she could be hiding in a submarine which – as we saw – was not downright impossible, since she DID have a license to pilot underground vehicles.
On July 2nd 2020, Maxwell was arrested by the FBI and NYPD in the small New England town of Bradford, New Hampshire. It is situated at driving distance of the NYSD. They finally found her in a luxurious four-bedroom, 4,365-square-foot home on a wooded lot, called Tuckedaway.
Ghislaine Maxwell was charged with six federal crimes: luring and enticement of minors, sex trafficking of children and perjury.
The crimes took place between 1994 and 1997, the years of her “intimate relationship with Epstein,” when she “assisted, facilitated, and contributed to Jeffrey Epstein’s abuse of minor girls.”
One of the three unnamed victims was “as young as 14 years old when they were groomed and abused by Maxwell and Epstein, both of whom knew that certain victims were in fact under the age of 18.”
FBI assistant director William F. Sweeney Jr. described Maxwell as “one of the villains of this investigation,” who had “slithered away to a gorgeous property” in New Hampshire, where she was “continuing to live a life of privilege while her victims live with the trauma inflicted upon them years ago.”
“I am optimistic about my future,” she said in 1997, “and believe things will continue to improve for me as time passes.”
Now, according to sources close to her, “I don’t think [Ghislaine] sees there is a future,” came the reply.
If found guilty of all charges, Maxwell could face a prison sentence of 35 years. She denies the accusations, and has pleaded not guilty to all six charges.
She will await trial locked up in the Metropolitan Detention Center, in Brooklyn. A dreadful prison that is as removed from her previous “silver spoon” upbringing as it’s possible in the US. Hard times.
She used to be a larger than life character, who once hosted a dinner for NY socialites on ‘the fine art of giving a blow job’. But then, she really blew it.
A report from a source familiar with the Metropolitan Detention Center gives a glum picture of Ghislaine Maxwell’s present conditions.
She is in the women’s section and believed to be confined to a solitary cell. Because of the past history of the MDC, it is not impossible to suspect that Ghislaine could be having sexual relations with one or more corrections officers, either male or female. Her available wealth would permit her to buy some privileges directly from the corrections officers who could smuggle in items for her.
MDC has a history of guards, male and female, enjoying sex with prisoners and smuggling in everything from alcohol to cell phones to drugs. While she is not enjoying what anyone would call a privileged life, and is most likely [because of Covid protocols] confined to her cell, dank and cold [in summer] perhaps as much as 23-24 hours per day and possibly getting only one hot meal per day, our source says, with her wealth and talent to charm, if there is any privilege, any opportunity, any luxury to enjoy at MDC, she is enjoying it.
Of course, she is probably under near-constant surveillance, for no guard wants to go to prison for letting her get murdered or commit suicide – as did her former lover Epstein. It is not known how frequently she is meeting with lawyers in special rooms set aside for the purpose. But an MDC source tells Frank Report that prison officials are known to eavesdrop on those conversations with lawyers and defendants and do so on high profile cases. Whether they report to the prosecution what they learn is unknown.
In the end, Maxwell has a hard road to hoe and will remain in the brutal and unsanitary MDC until she stands trial or makes a plea deal or dies. The possibility of additional charges other than those currently charged against her – for hebephilia crimes in the last century – remain a possibility.
The late Jeffrey Epstein was a convicted hebephile, a person who has urges for post pubescent but under the age of consent children. Is Ghislaine one also? And are there others, famous and prominent men of power who have indulged as Jeffrey and allegedly Ghislaine have done?
The ace in the hole for her, obviously, is, if she has info on other prominent hebephiles that the DOJ for its own partisan or PR reasons might like to selectively prosecute, she can trade that info for a lenient sentence and hopefully not be murdered for doing so.
Her former lover, Jeffrey Epstein, might have committed suicide, as the Mainstream Media and the US Govt. urges you to believe, but there are some who find the coincidences, cameras being off, bones broken indicating he was strangled, guards happening to fall asleep as they were assigned to watch the most famous prisoner in the world, such that that it just might cause reasonable people to doubt the official narrative a little more than the corporate media and prison officials would wants us to doubt.
The same fate might befall Ghislaine and we may never know just what she did. Whether her crimes were confined to herself and Epstein or whether there was a vast network of hebephiles joining in – or – in fairness to her – she is innocent as she claims, something that a trial, if she makes it to trial, might help us determine.


stretcher during the funeral service in Jerusalem’s main convention hall on Nov. 10, 1991. The body is laying on a stretcher, draped in a white Jewish prayer shawl with black stripes as is it tradition of Jewish burials in Israel. (AP Photo/Natik Harnik) Ghislaine is fourth from the left.


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Anonymity by State/Country: Comprehensive Global Guide III

Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
United States
Alabama: No current lottery. Source: https://www.wtvy.com/content/news/Lottery-bill-other-legislation-is-likely-dead-in-Alabama-legislature-569059451.html
Alaska: No current lottery/Not Anonymous. "Unlike most other states, Alaska doesn’t have a state-sponsored lottery." Source: https://www.lotterycritic.com/lottery-results/alaska/ Alaska does permit charities to run lotteries, the largest one is Not Anonymous. Source: http://www.lottoalaska.com/
Alaska's governor has proposed a bill to create an official Alaska State Lottery. Source: https://apnews.com/78cacca5137f6b47e41be2de37600044
American Samoa: No current lottery. Source: https://simonsblogpark.com/onlinegambling/simons-guide-to-gambling-in-american-samoa/amp/
Arizona: 100% Anonymous if requested by the winner for all wins of $100,000 and over. Source: https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696
Arkansas: Not Anonymous/Other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source: https://www.myarkansaslottery.com/claim-your-prize
California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source: https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf
Colorado: Not Anonymous/Anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source: https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source: https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/
Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source: https://www.ctlottery.org/Content/winner_publicity.aspx
Delaware: 100% Anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source: https://www.delottery.com/Winners and https://www.delottery.com/FAQs
DC: Not Anonymous/Anonymous via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html
Florida: Not Anonymous/Anonymous via LLC. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." Source: http://www.flalottery.com/faq
The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. A $15 Million jackpot was claimed by an LLC. Source: https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Source: http://flalottery.com/pressRelease?searchID=199128
Georgia: 100% Anonymous if requested by the winner for all prizes over $250,000. Source: https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/
Guam: Anonymity appears to be an option. Source: https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize
Hawaii: No current lottery. Source: https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii
Idaho: Not Anonymous."By claiming a winning lottery ticket over $600, winners become subject to Idaho’s Public Records Law. This means your “win” becomes an offcial Idaho public record. Your full name, the town where you live, the game you won, the amount you won (before and after taxes), the name of the retailer where you bought the ticket, and the amount the retailer receives for selling the ticket are all a matter of public record." Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.idaholottery.com/images/uploads/general/winnersguideweb.pdf
Illinois: Not Anonymous/Anonymous if requested by winner for all wins over $250,000 however info will be released to a FOIA request. "However, Murphy also cooperated with the Illinois Press Association in adding an amendment that ensures that Freedom of Information Act, an act designed to keep government agencies transparent by allowing the public to access any public record by request, supersedes the privacy law, according to attorney Don Craven, the press association’s legal counsel." Source: https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php
Indiana: Not Anonymous/Anonymous via LLC or trust. "Indiana law allows lottery jackpot winners to remain anonymous, with the money being claimed by a limited liability company or legal trust." Source: https://www.chicagotribune.com/nation-world/ct-indiana-mega-millions-winners-20160729-story.html
Iowa: Not Anonymous/Can use a trust to claim but information will be released. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source: https://www.ialotteryblog.com/2008/11/can-prize-winne.html.
For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source: https://ialottery.com/pages/Games/ClaimingPrizes.aspx
Kansas: 100% Anonymous if requested by the winner. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source: https://www.kslottery.com/faqs#faq-8
Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source: https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/
Louisiana: Not Anonymous/Anonymous via trust. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source: https://louisianalottery.com/faq/easy-5#35 Source: https://louisianalottery.com/article/1050/the-williams-trust-claims-share-of-50-million-powerball-jackpot
Maine: Not Anonymous/Anonymous via trust. "In the event that Maine does have a Mega Millions winner, he or she can opt to remain anonymous — but Boardman says that’s never happened. “What a winner could do in Maine is they could file their claim in the name of a trust, and the trust becomes the winner. So that’s how a winner could claim their ticket anonymously,” he says." Source: https://www.mainepublic.org/post/lottery-official-reminds-mainers-they-re-exceedingly-unlikely-win-16-billion-jackpot
Maryland*: Not Anonymous by Law, Anonymous in Practice. "However, the legal basis for this anonymity in Maryland is thin. The Maryland Lottery does not advertise that lottery winners may remain anonymous, but it posts articles on its website about winners and notes those winners who have “chosen to remain anonymous:” Source: https://www.gw-law.com/blog/anonymity-maryland-lottery-winners
*"Please note that this anonymity protection does not apply to second-chance and Points for Drawings contests run through the My Lottery Rewards program. Those contests are run as promotions for the Lottery. As such, they are operated under a different set of rules than our draw games and scratch-off games. The rules of participating in our second-chance and Points for Drawings contests state that winners' identities are published."" Source: https://www.mdlottery.com/about-us/faqs/
Massachusetts: Not Anonymous/Anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source: https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html
Michigan: Not Anonymous for Powerball and Mega Millions/100% Anonymous if requested by the winner for all other winners over $10,000. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source: https://www.michiganlottery.com/games/mega-millions
Minnesota: Not Anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source: https://www.mnlottery.com/blog/you-won-now-what
Mississippi: 100% Anonymous if requested by the winner. "In accordance with the Alyce G. Clarke Mississippi Lottery Law, the Mississippi Lottery will not disclose the identity of the person holding a winning lottery ticket without that person's written permission." Source: https://www.mslotteryhome.com/players/faqs/
Missouri: Not Anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source: http://www.molottery.com/whenyouwin/jackpotwin.shtm
A Missouri State Legislator has submitted a bill to the State House to give lottery winners anonymity. Source: https://www.kfvs12.com/2020/02/25/mo-house-considers-legislation-protect-identity-lottery-winners/
Montana: Not Anonymous/Anonymous via trust. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source: https://www.montanalottery.com/en/view/about-faqs
Nebraska: Not Anonymous/Anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source: https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html
A Nebraska State Legislator has now filed a bill to give 100% Anonymity to all winners over $300,000 who request it. Source: https://journalstar.com/news/state-and-regional/nebraska/anonymity-for-lottery-winners-bill-would-give-privacy-to-those/article_1cdba44d-c8bb-5971-b73f-2eecc8cd4625.html
Nevada: No current lottery. Source: https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/
New Hampshire: Not Anonymous/Anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source: https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c
New Jersey: 100% Anonymous if requested by the winner. Source: https://www.nj.com/politics/2020/01/win-big-you-can-claim-those-nj-lottery-winnings-anonymously-under-new-law.html
New Mexico: Not Anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf
New York: Not Anonymous/Anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Source: https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/
North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source: https://www.charlotteobserver.com/news/local/article54548645.html
North Dakota: 100% Anonymous if requested by the winner. Source: https://www.kfyrtv.com/home/headlines/ND-Powerball-Winners-Have-Option-to-Remain-Anonymous-364918121.html
Northern Mariana Islands: 100% Anonymous if requested by the winner. Source: https://www.nmsalottery.com/game-rules/
Ohio: Not Anonymous/Anonymous via trust. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source: https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml
Oklahoma: Not Anonymous/Anonymous via trust or LLC. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source: https://www.lottery.ok.gov/playersclub/faq.asp Source: https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity
Oregon: Not Anonymous. "No. Certain information about Lottery prizes is public record, including the name of the winner, amount of the prize, date of the drawing, name of the game played and city in which the winning ticket was purchased. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source: https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions Can seek anonymity if you have specific security concerns (rarely granted). Source: https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html
Pennsylvania: Not Anonymous/Anonymous via trust. Source: https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html
Puerto Rico: 100% Anonymous if requested by the winner. Source: https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121
Rhode Island: Not Anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source: https://www.rilot.com/en-us/player-zone/faqs.html
South Carolina: 100% Anonymous if requested by the winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source: https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/
South Dakota: Not Anonymous for draw games and online games/100% Anonymous for Scratchoffs if requested by the winner. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source: https://lottery.sd.gov/FAQ2018/gamefaq.aspx.
Tennessee: Not Anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source: https://www.tnlottery.com/faq/i-won
However if it is claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source: https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html
Texas: 100% Anonymous if requested by the winner for $1 million or more IF the winner claims it as an individual AND chooses the Cash option. Not Anonymous if claimed by a trust or LLC or if the winner chooses the Annuity option. Source: https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf
Utah: No current lottery. Source: https://www.lotterycritic.com/lottery-results/utah/
Vermont: Not Anonymous/Anonymous via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source: https://vtlottery.com/about/faq
Virginia: 100% Anonymous if requested by the winner for prizes over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source: https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372
US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source: https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/
Washington: Not Anonymous/Can use a trust but info subject to open records act. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners." https://www.walottery.com/ClaimYourPrize/
West Virginia: 100% Anonymous if requested by the winner for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source: https://wvlottery.com/customer-service/customer-resources/
Wisconsin: Not Anonymous/Cannot be claimed by other entities. "Pursuant to Wisconsin’s Open Records law (Wis. Stats. Secs. 19.31–19.39), the Lottery is required to disclose a winner’s name, likeness and place of residence. If you win and claim a prize, the Lottery may use your name, likeness and place of residence for any purpose without compensation to you.
Upon claiming your prize, you waive any claims against the Lottery and its representatives for any and all liability which may result from the disclosure or use of such information." "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source: https://wilottery.com/claimprize.aspx
Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source: https://wyolotto.com/lottery/faq/
Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source: https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/
Bahamas: No current lottery. Source: https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/
Bahrain: Not Anonymous. Source: https://bdutyfree.com/terms-conditions1#.X8ru92lOmdM
Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source: https://www.mybarbadoslottery.com/faqs
Brazil: 100% Anonymous if requested by the winner. Source: https://www.lotterycritic.com/lottery-results/brazil-lottery/
Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. Can seek anonymity if you have specific security concerns (rarely granted). Source: https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/
Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks/Caicos): Not Anonymous. "No. Caribbean Lottery winners cannot remain anonymous. The Caribbean Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Caribbean Lottery winners' home addresses and telephone numbers are confidential." Source: https://www.thecaribbeanlottery.com/faqs
China: 100% Anonymous if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source: https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/
Cuba: No current lottery. Source: https://oncubanews.com/en/cuba/society-cuba/cuban-traditions/lottery-the-national-game-infographics/
EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK*): 100% Anonymous if requested by the winner. Source: https://www.euro-millions.com/publicity
*United Kingdom: Excludes
*Caymen Islands, and Falkland Islands: No current lottery. Source: https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ Source: https://simonsblogpark.com/onlinegambling/simons-guide-gambling-falkland-islands/amp/#lottery-falkland-islands
*Anguilla, and Turks & Caicos: Not Anonymous. Source: https://www.thecaribbeanlottery.com/faqs
EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner. Source: https://www.euro-jackpot.net/en/publicity
*Netherlands: Excludes
*St. Maarten, Saba, and St. Eustatius: Not Anonymous. Source: https://www.thecaribbeanlottery.com/faqs
Fiji: 100% Anonymous if requested by the winner. Source: https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/
Georgia (Kartvelia): Anonymity appears to be an option. "2.9.1. Prizes and Winners. Each Bidder shall provide details of:....how winners who waive their right to privacy will be treated;" Source: https://mof.ge/images/File/lottery/tender-documentation.pdf
Greece: Anonymity appears to be an option. "The bearer of the ticket shall keep the details of the ticket confidential and not reveal them to any third party." Source: https://www.opap.gen/identity-terms-of-use-lotto
Guyana: Not Anonymous. Source: https://www.kaieteurnewsonline.com/2013/05/16/winner-says-he-was-too-busy-to-collect-78m-lotto-prize/
India*: Not Anonymous. Source: https://www.bbc.com/news/world-asia-35771298
*: Only available in the states of Kerala, Goa, Maharashtra, Madhya Pradesh, Punjab, West Bengal, Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. Source: https://www.indiatoday.in/india/story/lottery-mizoram-nagaland-sikkim-kerala-975188-2017-05-04
Indonesia: No current lottery. Source: https://apnews.com/45eb94ff1b1132470a7aa5902f0bc734
Israel: Not Anonymous by Law, Anonymous in Practice. “[A]lthough we have this right, we have never exercised it because we understood the difficulties the winners could encounter in the period after their win. We provide details about the winner, but in a manner that doesn’t disclose their identity,” Dolin Melnik, then-spokesperson for Israel’s Mifal Hapayis lottery told Haaretz in 2009." Source: https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/
Jamaica: Not Anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source: https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/
Japan: 100% Anonymous if requested by the winner. Source: https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM
Kenya: Not Anonymous. "9.1 When You claim or are paid a prize, You will automatically be deemed to grant to O8 LOTTO an irrevocable right to publish, through all types of media broadcasting, including the internet, for the purposes of promoting the win, Your full name (as well as Your nick name), hometown, photograph and video materials without any claim for broadcasting, printing or other rights" Source: https://mylottokenya.co.ke/terms-conditions
Malaysia: 100% Anonymous if requested by the winner. Source: https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery
Nagorno-Karabakh: Not Anonymous. Source: http://asbarez.com/120737/artsakh-lottery-winner-claims-car-prize/
New Zealand: 100% Anonymous if requested by winner. Source: https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080
North Korea: Not Anonymous. Source: https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/
Northern Cyprus: Anonymity appears to be an option. Source: https://www.pressreader.com/cyprus/cyprus-today/20181124/281590946615912
Oman: 100% Anonymous if requested by the winner. Source: http://www.omanlottery.com/
Philippines: 100% Anonymous if requested by the winner. Source: https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018
Qatar: Not Anonymous. Source: https://www.qatarliving.com/forum/qatar-living-lounge/posts/qatar-duty-free-announces-latest-us1-million
Romania: Anonymity appears to be an option. Source: https://www.thelotter.com/win-lottery-anonymously/
Russia: 100% Anonymous if requested by the winner. Source: http://siberiantimes.com/otheothers/news/siberian-scoops-a-record-184513512-roubles-on-russian-state-lottery/
Samoa: Not Anonymous. Source: https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery
Saudi Arabia: No current lottery. Source: https://www.arabnews.com/police-arrest-lottery-crooks-victimizing-expats
Singapore: Anonymity appears to be an option. Source: https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw
Solomon Islands: No current lottery. Source: http://www.paclii.org/sb/legis/consol_act/gala196/
South Africa: 100% Anonymous if requested by the winner. Source: https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/
South Korea: 100% Anonymous if requested by the winner. Source: https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5
Sri Lanka: Anonymity appears to be an option. Source: http://www.thesundayleader.lk/2010/01/31/where-do-all-the-lottery-winners-go/
Taiwan: 100% Anonymous if requested by the winner. Source: http://m.focustaiwan.tw/news/asoc/201806250011.aspx
Trinidad and Tobago: Anonymity appears to be an option. Source: https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html
Tuvalu: No current lottery. Source: http://tuvalu-legislation.tv/cms/images/LEGISLATION/PRINCIPAL/1964/1964-0004/GamingandLotteries_1.pdf
United Arab Emirates: Not Anonymous. Source: https://www.ndtv.com/indians-abroad/shojith-ks-in-sharjah-uae-wins-abu-dhabi-duty-free-big-ticket-4-million-jackpot-rejects-calls-2032942
Vatican City: Anonymity appears to be an option. Source: https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/
Vietnam: Anonymity appears to be an option. Source: https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html
Windward Lottery Countries (Dominica, Grenada, Saint Lucia, Saint Vincent and the Grenadines): Not Anonymous. "Prize winners asked to do so by Winlot must give their name and address, and satisfactory establish their identity. All winners of the Jackpot (Match 6) prize will be photographed. Note that Winlot and CBN reserve the right to publish the names, addresses and photographs of all the winners." Source: http://www.stlucialotto.com/snl/super6_rules_regs.php
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Wealth Formula Episode 237: Is Angel Investing Right for You?

Catch the full episode: https://www.wealthformula.com/podcast/237-is-angel-investing-right-for-you/
Buck: Welcome back to the show everyone today my guest on Wealth Formula Podcast is Tom Wallace. Tom is a 40 year veteran of technology startups both as a founder and an investor and, after multiple successful exits most recently selling vector learning for 268 million dollars, he's now the managing partner at Florida Funders which is a hybrid: a venture capital fund and angel investor network focused on finding funding and building the next generation of breakout technology companies in Florida. Tom welcome to Wealth Formula Podcast.
Tom: Buck thanks for having me on your show. I really appreciate it. It's an honor to be here and thanks for hosting.
Buck: Yeah of course. And you know why don't we start out you know this is a sort of a different area for us but why don't you just start out a little bit by talking about your background I know we mentioned that you've been a tech guy, for the most part, your professional life. Talk a little bit about that and you know how you ended up I guess from being on the front lines as maybe an actual startup guide ultimately on the angel investor side.
Tom: Yeah sure so I come from a blue-collar family. Neither of my parents graduated from high school. And so when I got out of college it was 1980 and if you think about that time it was kind of the dawning of the microcomputer or personal computer revolution and I worked for a couple of years for a Fortune 500 company Alcoa my father said it's the only real job I ever had and then at the age of 23 my best friend and I started our first company and we started a company in the personal computer space and had no idea what we were doing we were young we were green. Back then buck it wasn't like today where there's all these incubators and accelerators and all these mentors and so many people you can get help starting you know an entrepreneurship is such a you know a cool thing and such a hip thing back then it was something that not a lot of people were doing and I was like most of the kids I went to college with were looking to go work for IBM or some Fortune 500 company but it was really a special time and we got bit when you got bit by the entrepreneurial bug and if you think back every so often game-changing technology comes along and certainly the late 70s early 80s that was the case with a personal computer if you think about up until that time the only had access to computers were universities large corporations or pretty good sized companies and they were big computers they were expensive and they took a team of geeks to program them yeah that all changed in the late 70s with Apple and IBM introduced their first personal computer in 1981 and compact computer and all that and it really now every person every small business could have a computer and the software that came along with it from people like Bill Gates and Mitch Kapoor of Lotus123 that came along with it you didn't any longer have to be a programmer or geek to figure out how to use this. So we start our business and that was our first company. We exited that about eight years later got about 20 million in sales and then kind of been doing it ever since and an entrepreneur and on the field as is I kind of look at I've been the core I was the quarterback for many years and you know living the daily grind and fight of being an entrepreneur. And I like being on the sidelines at this point
Buck: Got it. So you know we talked a little bit offline about my audience and where you know I tend to be for the most part you know alternative asset investors who are looking for different things generally you know heavily in real estate and that sort of thing. So you know a lot of the nomenclature maybe for this area is going to be a little bit foreign maybe just from an educational standpoint maybe kind of if you would you know you hear a lot of different types of things, words thrown around like angel investing and venture capital and private equity within technology, can you talk a little bit about that and maybe you know kind of where you're focused.
Tom: Yeah sure so I kind of look at it in stages so early, early stage you know say Buck you were going to start a company a technology company tomorrow and you needed to raise a few hundred thousand dollars to get it going. The first thing you would probably do is go out to your family and friends and get them to invest so that's kind of very very early stage probably pre you probably don't have any revenue no customers it's just an idea. The next stage is angel investing and that's when you typically get a little bit past that family and friends maybe you've got some customers now you've got a real product you go out to that group and these are kind of and that and angels have changed over the years but you know many of us do it professionally so these are more sophisticated investors they do a lot of deals they see a lot of deals and we'll talk more about that later. Then if you're successful if your success continues you continue growing you get bigger now you're looking to in that angel round is typically maybe 500 000 to a million maybe a little more maybe a little less, now you're ready for you know a more institutional round or series a these rounds tend to be more like two to three million to 10 million amount amount that you're raising that's venture capital still early but you've got customers you've got some traction and then you know and that really from venture capital private equity is even later stage and the difference in and I spent the last kind of 10 years my career running private equity companies working a lot with private equity guys that's tend to be that tends to be later stage companies they're profitable they put a lot of leverage on them so the private equity companies typically put a lot of debt on these companies so there has to be that cash flow in ebitda to make that happen and so property equity guys are looking for two three four x returns on their companies maybe greater than when we exited vector solutions my last company. I take our last private equity round we provide our investors about eight or nine times their money back venture capital is different game they know they're gonna invest in and by the way private equity guys nothing's going to zero, they're not investing in companies that are going to zero. I mean once a while it happens but it's a rarity where venture capital is a little different game you know and it depends on where you're playing it because if you're playing in New York or Silicon Valley it's a different game than you're playing in Florida but typically we're banking on a certain percentage of our companies going to zero that they're just not going to be successful and you know some we're going to get our money back and we're going to make all our money on kind of the top third that's how we look at Florida Funders the third or third or third but you know the you know the folks out in the valley probably look at it more like you're investing in 10 companies nine are going to zero one's gonna be unicorn and they're gonna make all the returns on the one company. So you know it varies a little differently with you know where you're playing geographically and what you're doing but that kind of is how we look at that paradigm of you know stages of investing in venture capital versus private equity.
Buck: Obviously and you're talking about you you sort of alluded to it a little bit but you know if the tech private equity folks are looking to return you know I think what did you say you know maybe for up to eight three or four three times over a period of how long like a decade or something like that.
Tom: I mean the returns typically they invest in money over a period about three or four years and then the returns start coming in shortly after that and they're out by usually like 10 years right.
Buck: And then with angel, so what's the compelling element that you like and maybe investors should know about your space which is you know the angel investing which is really the earliest I mean after friends and family right so it's certainly the highest risk but yeah so what do you just like the asymmetric nature of that?
Tom: Well it's risk reward so yeah I will admit I personally am a little bit of a deal junkie but you don't have to be. If you look at some of the research, I would never suggest anybody that is you know as they look at their asset allocation across their investments that angel investing should be a large portion of it. It is for me because it's what I do for a living so maybe a chair 20 of my net worth but 10 whatever but typically it's a small sliver two three percent for an investor but if you do it right angel investing can and has historically outperformed every other asset class including venture capital and private equity that is research coming out of the Angel Capital Association Of America. So the problem is most people don't do angel investing correctly. We call this the 5 Ds of angel investing, so diversity, deal flow, due diligence, domain expertise and discipline. So the first mistake most angel investors make I use my brother as an example my brother's a very successful software CEO, he sold his last company for 1.6 billion dollars and I said to him one day Tim you know what about angel investing he said I've done that two or three times I went to zero that doesn't work. Well you really can't do it two to three times because the odds are against you you might as well go to the casino you really need to be up to build a portfolio a diversified portfolio like you have to in most investing, we say 10 to 15 companies you should invest in to really you know have enough diversity. Secondly is deal flow. How many deals do you look at to invest in each one again look at my brother I'm like Tim well how many deals did you look at to do these two or three deals he's like well he just looked at those two or three like you know it Florida Funders and vendor we'll look at 50 deals to do one. So we're highly selective and we're you know we like believe we're getting the best of the best. And then due diligence is how much research and digging in did you do in your process and a lot of research on this 20 plus hours is you know really what you should do to maximize your potential returns if Florida Funders every company we do we have more like 80 to 100 hours of due diligence and this is everything from digging into the the founders and their background their experience to talking to those early customers asking about the product, why they buy it, how important it is, is it nice to have, does it have to have we really get into in their technology, what's your technology stack look like, what's their IP, so that's a big part of it. And then domain expertise and this is investing in what you know. You're a doctor right you're a surgeon so if you were looking to invest in a medical device company you would know a lot more about that than me. So with us at 1000 Florida Funders we invest in software companies software as a service we invest in cyber security fintech edtech digital health areas that all of me and my partners have backgrounds in. So we're investing in what we know. And then the last thing is discipline to be a good investor I would argue real estate I don't know what you're guessing you gotta come up with your your thesis and you gotta stick to it. And the biggest thing we see in angel investing or I see an angel investigators mistake people make is fomo. They invest because all their friends are investing and they don't want to miss out on this deal that is not a good reason to invest and what we found is if you're disciplined and you follow those other four d's and that process and do that over and over again that you're going to be successful and that this can be a very not only successful asset class from a return on investment standpoint but also fun. I mean think about it we'd like to say we get to go to work every day with these young talented smart people who are trying to change the world we're gonna be more fun than that?
Buck: Yeah let's you know exploring some of those d's for a moment one of them I'm thinking about here is you mentioned deal flow and I now you're in Florida. If I'm you know a software developer and I've got something I'm excited about, am I gonna go to Silicon Valley or I mean so how does that factor into this in terms of affecting your deal flow? Do you see some advantages in being you know on the other coast or what's that been like in your experience?
Tom: Yeah we we do see some advantages in Florida is a very unique state we're the third most populous state in the country growing rapidly we have great tax laws we're a very pro state very unlike California in a lot of ways now again they play a different game it's really not California Silicon Valley In San Francisco right I mean by the way all the venture capital invests in the united states goes into 60 of it goes into four little micro markets. Twenty percent goes in Silicon Valley twenty percent san francisco ten percent boston ten percent in new york so forty percent goes to the rest of the world. We have in Florida over the last decade really great success stories and technology companies like Chewy.com, Jetsmart, Fanatics, Knowbe4, Connect-wise, these are all unicorn companies built here in Florida where the people the entrepreneurs didn't leave here to go to Silicon Valley they could have but they didn't and we're seeing more and more of that in fact we're seeing the opposite happen where we're getting calls from from founders are saying we're getting out of the valley we're getting out of San Francisco it's too expensive to the talent google and facebook are sucking up all the talent they pay them they we can't compete with them and we're looking for a pro business state to come to and in the past you know when that happened it was more it was mostly Austin Texas had benefited from that in colorado places like Boulder and Denver but now we're seeing it in Florida and it's exciting and you know we have a lot to offer these founders, we have 45 incubators and accelerators across the state, we have a lot of support systems for entrepreneurs and we're a very pro pro business state. So it's exciting. And then the other thing that's exciting from an investor standpoint is the valuations. You know companies in in Silicon Valley and San Francisco you know they're they don't have any revenues they have an idea and they're worth 10 million dollars you know in Florida most of the companies we invest in already have revenues already have customers somewhere you know the revenues might be 50 000 in annual recurring revenue up to maybe 500 000, but we can invest in them at a valuation of you know free market valuation maybe 5 million 3 million 7 million. So we don't need them to be a unicorn for us to have a very successful exit for us and for our fellow investors and we can get you know 10x 20x 30x returns with a company that's exiting at 100 million dollars which is in the tech world is not a huge exit today.
Buck: Tell me how it works in terms of a typical I mean my you know my listeners are used to you know the types of real estate private equity particularly our accredited investor groups and things like that but how does a fund like this work? Is it you know a typical 2 and 20 type type structure you know and if you could kind of talk about that and you know maybe also some historical in terms of what you're seeing you know obviously not promising anything future wise but what what kinds of results have you guys had?
Tom: Yeah so yes we're two and twenty our fund is a two and twenty fund so it's very typical.
Buck: So two percent annual basically under management and then twenty percent profit right and then right got it so that's pretty standard and then and then in terms of in Florida Funders what kind of you know structures are you looking at are are you doing? Are these regulation D exemption type things or I mean are they 506 c's or are they crowd funding or you know right crowdfunding or how are you structuring these?
Tom: Yeah so the way we work if we're a little different animal. We'd like to think we have a pretty unique model is once a company makes it through our vetting process and we say okay we're gonna invest in you. Our fund will put in the first, say we're gonna raise a million dollars for this company, our fund will put in 500 000 and then we take the 500 000 we go out to our crowd curated accredited investors we only deal with accredited so we're 506 C and then the crowd will fill in the rest, sometimes it's a little light maybe the fun will make up the distance many times it's over subscribed it will raise more for the founder or we'll just shut it off. So you know again we're a little a little bit different.
Buck: Sorry to interrupt but you're saying that each opportunity you're doing separately, you're not doing it as a portfolio like a fund, you're doing each business separately?
Tom: So we have two things we have a fund of our own that many of our just invest in the fund and we invest the money for them, but then we have this curated crowd of accredited investors who invest alongside our fund. So like myself personally I'm an investor in our fund I invest in almost every deal we do as well and I'll vary what I put in the deals based on what I think what I like you know that's that sort of thing. Now we have some many investors that are just in our fund they love what we're doing they're really excited about they're like you know hey we don't know technology, I don't know technology, I don't have time to look at even though you guys do all the due diligence and put it off on the portal and I don't really have to do a lot of work you kind of take the heavy lifting out of angel investing for me, I don't have the time to do it or I don't know tech so why don't I just give you the money and you guys invest it for me. And so we're on our second fund to go back to your question about our returns we're just stamming our first exits from our first fund which is about four years old. We had we'll have we've had two in the last week and one was 1.8 x times your money back and one was a little over two so those are moderate returns in our world yeah and we're playing you know we're we we expect to have some of those but we also expect to have 10x 20x 30x deals and then we expect to have zeros too.
Buck: Right got it. In terms of right now in this day and age specifically talking about a recessionary environment, a pandemic environment, how is this all affecting your business and you know your business is that you invest in you know capital all of these things.
Tom: Yeah it's been interesting because you know if you look back at 2009 2010 the great recession, the one area of investing that really never slowed and took was was early stage tech investing in an angel investing. It didn't really have much of an effect on it. We're kind of seeing that we're still doing deals we're very active or you know lots of deal flow you know some of our portfolio companies were severely affected by cobit but with the PPP loans and we work with our companies we don't just invest in them and leave them alone we take a board seat we get involved we coach them we provide introductions to them we help them in any way we can be successful. Many of them got ppp loans that are going to be forgiven or you know that really helped them a lot some of them pivoted and most of them have really bounced. We lost one there was a restaurant tech company which you know obviously that's not the space you want to be in this downturn in overdays but they weren't doing so great anyway. But a lot you know some you know some of our companies are k-12 education companies most of them have really bounced back now I mean they took a hit but they bounced back. We have companies in the healthcare space that you know they're involved a lot with elective surgery, they obviously took a hit but now they've bounced back. So it's been interesting it's been on you know we we hunkered down there with our companies for a while and said hey our message to them was cut your burn preserve cash you don't know when you're gonna be able to raise money again extend your runway and make sure you can live the fight your way through this and most of them have done that very successfully.
Buck: Where does for for your typical investor and I think you kind of had mentioned a little bit in terms of allocation, but you know if you look at a portfolio of you know 100 of your investable assets, what sort of a rule of thumb people I'm maybe not you know Tom Wallaces the world where you're in the middle of this but if you're looking to get exposure what what do you tell people what is sort of the rule of thumb on these types of things whether it be you know direct technology investments or angel investments or how do you look at or how do you suggest people look at it?
Tom: You know I think it's five percent or less you know whatever you're comfortable with but you know. There's something that's happened out there if you think about technology the days of buying amazon and apple and a couple hundred million dollar valuation rounding that to a trillion dollars or over. Facebook went public the valuation was what 70 billion. Uber went public valuation 40 50 billion. These companies because there's so much venture capital money out there these companies are waiting so long to go public to really get phenomenal returns angel investing is how you're going to do it because you know again companies are waiting so long to go public and so we you know again if you do the five Ds and you diversify you know there there's an opportunity for for great returns here and you know we're only seeing that trend more and more and it's becoming more exciting with all the changes to crowdfunding and all the rules that came out in you know when crowdfunding was first made legal back within six or seven years now so yeah it's an exciting space and it can be one again that you can have a lot of fun with and you can really see some exciting companies and meet some crazy founders great founders a tad crazy yeah and but yeah I'd say five percent or less I mean that's typically what our number would be.
Buck: So before we go maybe just sort of in general like for Florida Funders that's what it's called and what's the website
Tom: Floridafunders.com
Buck: So if you kind of gave us you know your you know your elevator pitch so to speak on on Florida Funders and why to look into it more and how you're different from the other angel groups what would you say to that?
Tom: Our secret sauce has a couple things. One is deal flow we've been named by cb insights and pitch book both those organizations says the most active EC in the southeast the most active venture capitalist in Florida. So we are out and about in the tech community down here, we're very well known. Every month 50 to 100 companies just go to our website and apply for funding. So we're looking at way more deals and as a result we think we're getting access to the best deals. The second part of our secret sauce is the extensive extensive due diligence we do, even more we invest alongside some Silicon Valley venture capitalists some New York venture capitalists and we often have co-investors in our deal and I would argue that almost nobody does the level of due diligence we do and that's everything from really getting to know the founders a lot of this is betting on the jockey to you know those early customers and interviewing them to plugging in a subject matter expert and we tap into our network of 1500 investors and you know we're looking at a health tech digital play you know we're pulling people that have extensive domain expertise who can really work in that space who have years of experience and they really help us evaluate these deals and once we invest they help these companies advise them and mentor them and coach them. So that's kind of what makes us different here at Florida Funders and if you think about you know where the future is for so many states, and obviously you know we're focused on Florida. We like to say we're we're looking to change Florida from a state we want Florida to be as known if not no more for technology and innovation than we are today for the mouse and tourism and strawberries.
Buck: Sure got it. Well listen Tom it's been great and very helpful and educational for my audience here. Again it's Florida Funders like fun having funders dot com Floridafunders.com and Tom I wanna thank you again for being on the show and maybe have you on again sometime and let us know how your next fund does.
Tom: Will do Buck it's been my pleasure. Thank you so much. All the best to you and your listeners and I've really enjoyed spending this time with you.
Buck: We'll be right back.
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Wrestling Observer Rewind ★ Mar. 4, 2002

Going through old issues of the Wrestling Observer Newsletter and posting highlights in my own words. For anyone interested, I highly recommend signing up for the actual site at f4wonline and checking out the full archives.
PREVIOUSLY:
1-7-2002 1-14-2002 1-21-2002 1-28-2002
2-4-2002 2-11-2002 2-18-2002 2-25-2002
NOTE: I mentioned it in the first post of 2002 but a lot of y'all are aware that a few months ago, SaintRidley picked up the Observer Rewind reins after I stopped and started doing his own recaps from the 1980s. Well, he's been doing great work with it and he just finished posting the year of 1987. I went ahead and added it the Previously" section up there. ↑↑↑ Just wanted to make sure to bring it to everyone's attention.
  • It's been awhile since we've had major PPVs going head-to-head with each other, but it happened this week when WWA aired it's 2nd ever PPV live from Las Vegas, going head-to-head with PRIDE. Dave recaps the history of head-to-head PPV battles, specifically the WWF vs. Crockett war in the late-80s. How Vince McMahon created Survivor Series specifically to run it in direct competition with Crockett's first ever PPV, Starrcade 87. The resulting loss of needed revenue was a huge reason why Crockett eventually had to sell the company to Ted Turner and, in retrospect, set into motion everything that led to WCW's eventual death last year. He goes on to recap how Royal Rumble was created and aired on free TV to go head-to-head with Crockett's next PPV attempt, Bunkhouse Stampede. Then Crockett responded by creating the first Clash of the Champions and airing it against Wrestlemania IV. Not sure PRIDE vs. WWA is up there in the same league as that PPV battle. Which, to be fair, Dave admits it's not the same thing.
  • Anyway, the PRIDE show was among the greatest events of all time, one of the very few times in the history of the Observer that a show got a unanimous 100% thumbs up vote on the reader poll. It aired in Japan live and in the U.S. on a bit of a delay, with the matches edited in a different order. In Japan, the card was headlined by Vanderlei Silva vs. former UWFI wrestler Kiyoshi Tamura, which was an excellent fight that Silva won. In the U.S., the show was built around Ken Shamrock vs. Don Frye in the main event (in Japan, it aired 3rd from last) and the 2 men had an absolute war that should shut up critics who say both are too old. Shamrock lost a split-decision in a fight that Dave thinks should have legitimately been a draw. (This fight is considered to this day one of the all-time wars in MMA history. An utter slobberknocker. Neither fighter was the same again afterward and Frye has said that the damage Shamrock did to his legs in this fight led to him later getting addicted to painkillers). After the fight, Shamrock went over to ringside and hugged his girlfriend Alicia Webb, who you may remember as Ryan Shamrock. The girl that played his sister in WWF.
WATCH: Don Frye vs. Ken Shamrock - PRIDE 19: Bad Blood (2002)
  • And then there was WWA. A low-budget, amateur-ish event, marred by bad production and no-shows. Not that the crowd would even know, because most of the lineup was never even announced ahead of time anyway. The scheduled main event of Jeff Jarrett vs. Randy Savage didn't happen because Savage held promoter Andrew McManus up for more money at the last minute. Savage originally had agreed to work the show in exchange for a 30% ownership stake in the company, which was agreed upon. But three days before the show, Savage upped the ante, saying he wanted the 30%, plus an extra $50,000 in cash. At that point, they started haggling back and forth to try to strike some kind of deal. Ownership got pulled off the table and then Savage asked for a flat $250,000 fee to work the show. WWA turned that down and came back with a flat $150,000 offer instead. Savage turned that down and at that point, everything broke down. For what it's worth, a lot of the lower card wrestlers on the show worked for $300. Last second attempts to bring in Sting to save the show didn't work either. Road Dogg was also supposed to appear on the show but couldn't because of legal issues. Word is he got arrested 2 days before the show in Florida on a probation violation. As a result, the PPV was headlined by Jeff Jarrett defending the WWA championship against Brian Christopher.
  • The whole show was simply an embarrassment. The production was completely minor league and the crowd was totally dead for all these long matches with guys nobody cares about. The in-ring work was fine, but the booking often made no sense, with overbooked three-ways and 6-way undercard matches that ended up being more clusterfuck than match. It was also one of those Russo-type things where the commentary team made endless inside-references that only the hardcore internet fans would get. But then again, this show only drew hardcore internet fans anyway, so why not? They also constantly made reference to WWF, which came across as desperate and sad. In particular, Larry Zbyszko was given the chance to cut a meandering promo, challenging Vince McMahon to a fight over some unspecified grievance from 20 years ago and criticized them for having Chris Jericho as their world champion. Dave thinks Zbyszko was actually angling for a job from WWF by trying to start his own angle and says this promo was basically his job application. And he thinks it was pretty pathetic. Backstage, the disorganization was apparent and most even within the company saw what a mess it was and have already given up on the promotion as a lost cause. Dave said this PPV made it clear that nobody will be challenging WWF anytime soon.
  • Other notes from the WWA Revolution PPV: yes, in case you're wondering, that Japanese man sitting behind the commentary table all night who very briefly (literally blink and miss it) got involved in the Scott SteineDisco Inferno tussle was indeed NJPW star Hiroyoshi Tenzan and yes, they flew him all the way from Japan (and had him bring his ring gear just in case), only to have him do almost nothing and never be acknowledged on camera. Eric Bischoff was backstage, as a guest of Ernest Miller. Bischoff laughed off any questions about going to WWF but said the ol' "never say never" shtick. The crowd was about 2,800, most of them freebies and they were desperately giving away tickets in the casino before the show. During the first match, the building looked practically empty so they quietly began moving everyone closer to ringside to pack the area around the ring to make it look presentable for TV. Opening 6-way match featuring all the hottest indie stars was a sloppy mess, with too people flying everywhere trying to get their shit in and the cameras missing most of it. Bret Hart came out and cut a long, rambling promo before announcing Brian Christopher was replacing Randy Savage in the main event, to zero crowd response. By the 5th match, people in the crowd could be seen leaving, never to return. Jerry Lynn showed up, interrupting an Eddie Guerrero interview, at which point Dave mentions, oh yeah by the way, the WWF released Jerry Lynn 2 days before the PPV. Considering WWF has been talking about reviving the cruiserweight division after Wrestlemania, Dave doesn't know why they'd get rid of a guy who could be one of the best in the division. Anyway, yeah, this show sucked. Here ya go, enjoy.
WATCH: WWA: The Revolution PPV - 2002
  • WWF's latest investor conference call took place and wasn't particularly newsworthy, but there's some stuff to note. The new agreement with DirecTV is until August of 2003 and is under the exact same terms they were operating under last year, which means WWF gained nothing while losing an estimated $4.4 million in revenue over the last few PPVs. Following the brand split, WWF plans to run 16 PPVs per year, and increasing the price by an extra $5. Linda McMahon said Wrestlemania 18 has sold 58,000 tickets as of the time of the call, for a record gate of $3.96 million, breaking the record set by last year's WM. Dave goes through all the numbers and for the most part, in comparison to previous quarters, almost everything is down. Which is no surprise to anyone who has been paying attention because WWF is clearly on the downswing. Linda also said they're currently interviewing new writers and are hoping to double their writing staff, which Dave thinks is a terrible idea (and time has damn sure proven him correct). Finally, Linda was also asked how the purchase of the WCW library has benefited the company, which Dave thinks is an interesting question since revenues have declined since then and the Invasion angle flopped so hard that it killed any brand value the name "WCW" may have had. Linda talked about the value of the tape library but Dave points out that it's been a year and WWF has done practically nothing with that library (of course, in the end, they found ways to monetize that WCW library and it more than paid for itself).
  • In his first match as an official member of the AJPW roster, Keiji Muto lost the Triple Crown championship to Toshiaki Kawada in a match nearly a year in the making, before a sold out crowd at Budokan Hall. He hasn't seen it yet, but the match was reported to Dave as a near-classic (he ends up giving it 4.5 stars). The other 2 NJPW stars who jumped ship, Kendo Kashin and Satoshi Kojima, also worked their first official AJPW matches. Kaz Hayashi, formerly a member of Jung Dragons in WCW and who worked in WWF's developmental until asking for his release a few weeks ago, also debuted on the show and will be part of Muto's faction.
WATCH: Keiji Muto vs. Toshiaki Kawada - AJPW 2-24-2002
  • Obituary time for Swede Hanson, who worked primarily in the Carolinas and had a brief run in the WWF as a cult favorite babyface in the early 80s. Sadly, he passed away in a mental hospital because he had advanced Alzheimer's disease which made it impossible for his family to handle him and they had him put away. Jeez, that's rough. He also had a litany of other health problems. Dave gives an in-depth history of his career in the 60s and 70s as a heel in the Carolinas before talking about the WWF run. Vince Sr. brought him in as a monster heel to challenge Bob Backlund, and Dave thinks someone else must have backed out at the last moment or something. By this time (in 1979), Hanson was well past his prime and hadn't been a major star anywhere in years but he was a big dude and so they brought him in to face Backlund and they actually sold out Madison Square Garden with Backlund vs. Hanson in the main event (though Dave says Bruno Sammartino working the undercard sure didn't hurt). The match sucked and almost immediately after, he became a jobber in the WWF, but Vince Jr, on commentary, just loved to call him "Rawboned Swede Hanson" and the "Rawboned" nickname caught on. Vince said it with such gusto that Hanson briefly became a cult favorite jobber from it and the crowd turned him babyface at damn near 50 years old. It led to a brief career resurgence and him having a small role in the Backlund/Billy Graham feud for the title before he finally faded into oblivion.
  • Mark Henry won the "world's strongest man" competition at the Arnold Classic bodybuilding and fitness event. Henry has been out of WWF for the past 2 months training for this competition and the training paid off, with Henry capturing first place and making a legitimate viable claim to his "strongest man in the world" moniker. During the event, Henry became the first man in 50 years to cleanly press the 366 pound Apollon wheel weight above his head. In another event, he carried an 800 pound block of bolted together railroad ties up a 40-foot ramp faster than the other competitors. For his victory, Henry won a $75,000 Humvee and some other cash prizes. Over the same weekend, he also won another $1,000 in a contest where he was able to lift an inch dumbbell (which weighs 172 pounds) to his shoulder with one arm. There's a bunch of other weightlifting stuff here, but you might be surprised to find out....I dunno shit about any of this. I got winded lifting pizza to my mouth earlier. Mark Henry strong.
WATCH: Mark Henry at the Arnold Classic 2002
  • Another obit for former wrestler, promoter, and father of 80s valet Baby Doll, Nick Roberts who died of pancreatic cancer. Once again, a bunch of details and stories about someone I've never heard of in wrestling history that Dave somehow knows everything about. I know I've said it before, but these obituary pieces are some of the greatest reasons for subscribing to the Observer.
  • Masahiro Chono says he wants to take NJPW in a more serious, realistic direction. No sports entertainment gaga nonsense, they want it to be like a real sports product. So much so that, in his own match with Manabu Nakanishi at the last big NJPW show, Chono wouldn't even bounce off the ropes, saying that it's not credible and no one would do that in a real fight. Ah yes, Inoki's gonna love this.
  • FMW wrestler Kodo Fuyuki has said he plans to try to keep the promotion running after it was announced it was folding last week. FMW still has 8 shows scheduled for this month and Fuyuki said he plans to try to run them himself and keep the company going (no such luck buddy).
  • Japan Today, an American newspaper that covers Japanese news daily, had a story on Antonio Inoki battling diabetes. It says he was first diagnosed in 1982, which Dave says is right around the time Inoki's in-ring work dropped off considerably when he lost his stamina. The story said for the last 20 years, Inoki has eaten a ridiculously healthy diet and is in better health now at 59 than he was then at 39.
  • Dave said he got tons of positive feedback on the debut of RF Video's Ring of Honor promotion in Philadelphia. The show was sold out in advance, was well organized, and had several really good matches. They limited a lot of the mistakes that most indie companies fall victim to, such as too many matches, too many run-ins, too much mic work, too many guys trying to do too much stuff, etc. Steve Corino and CZW announcer Eric Gargiulo did commentary. Eddie Guerrero faced Super Crazy in an excellent match and the main event was a three-way featuring Low-Ki, Christopher Daniels, and American Dragon that Dave has heard rave reviews for. And thus, ROH was born.
WATCH: Highlights from ROH's debut show in 2002
  • Vic Grimes took the most insane bump of all time at an XPW event before 1,500 fans in Los Angeles. Grimes was facing New Jack in a scaffold match said to be at least twice as high up as the fall Mick Foley took off the Hell in a Cell. The ring below had tables stacked 4-high to break his fall, but Grimes ended up missing most of the tables when New Jack overshot him. Perhaps on purpose. Grimes missed all but the corner tables at the edge of the ring before coming down on the corner turnbuckles. After the bump, they tried to rush fans out of the arena since it was almost 1am and gave many the impression Grimes life was in danger. But he was surprisingly okay and was walking around backstage after, although he was definitely banged up. Grimes was really nervous about the bump earlier in the day, as you might expect and Dave says he's pretty damn lucky he didn't miss the ring because he almost certainly would have died if he took that bump straight to the floor. Elsewhere on the show, there was a match where porn star Lizzy Borden (wife of XPW promoter Rob Black) faced another porn star, Veronica Caine, in a match that was supposed to end only when someone was stripped totally naked. But right before it happened, the lights went out and the women were rushed out of the ring and when fans realized they'd been ripped off, they were so pissed the arena feared a riot. (Anyway, here's the bump and yeah....Grimes very easily could have died from this. No mention from Dave on the fact that New Jack also tazed him before this)
WATCH: Air Grimes goes long
  • Shane Douglas is expected to take over as XPW booker when his WCW contract with Time Warner expires next month.
  • Former WCW journeyman wrestler Chip Minton's primary career was bobsledding. He only wrestled in WCW occasionally while doing that, primarily as a jobber on the C-shows. Minton was part of the US bobsledding team in both the 1994 and 1998 Winter Olympics and was planning to compete this year, but failed to make the team. Soon after that, he failed a steroid test and has been suspended from the sport for 2 years.
  • Remember a couple weeks ago, it was mentioned that Roddy Piper was in a car accident but he was playing down how serious it was? Turns out....very serious. Piper suffered 4 broken ribs, one of which punctured his liver and nearly killed him. He also suffered severe back injuries and shattered his ankle. Piper was taken to the hospital and was near death but obviously, he managed to pull through and has still been making all his appearances for XWF in recent days. (Yeah I think in Piper's autobiography, he dedicates the book to the guy who saved his life by rushing him to the hospital and even says he was clinically dead for a few moments. Then again, Piper was like a lot of those old time guys and was prone to exaggeration, so who knows).
  • Eric Bischoff is teaming up with Mark Burnett, the producer of the hit show Survivor, to produce a MMA reality show called Skien. From Dave's understanding, it will basically be a reality show with K-1 kickboxers leading up to a PPV event. (Here's an article about it from Variety at the time, but this ends up going nowhere).
WATCH: Variety article on Eric Bischoff's new reality show
  • Notes from Raw: only one thing really notable, they filmed a segment at referee Tim White's bar The Friendly Tap. The bar really is owned by White and WWF pretty much always films angles there when they're in town (Providence, RI). This time, the skit featured the APA going into the bar to drink and the bar was filled by a bunch of gay men and drag queens (played by a bunch of wrestlers from indie promotion Chaotic Wrestling) while the APA guys acted all grossed out by it all. Then Billy and Chuck attacked them. Dave thinks this played on all the typical homophobic stereotypes and he seems pretty irritated by it. Anyway, among the wrestlers from Chaotic were Todd Sinclair (better known now as ROH's senior official), Rich Palladino (ring announcer for Beyond now) and John Walters (indie wrestler and former ROH Pure champion).
  • Next week's Smackdown hasn't aired yet but it was taped and Dave has details. Notably, this is the episode where Austin chases down the NWO and tries to shoot them with a net gun. Dave says this was a mess, with the gun going off but no net being fired from it and they'll have to fix the whole thing in post-production. It went horribly when they filmed it and it aired for the live crowd and it killed the crowd and basically forced them to improvise on the spot (on one of the Something To Wrestle podcasts, Bruce Prichard tells this story and how frustrated they were with this net gun being a piece of shit). This episode also featured Stephanie yelling at Chris Jericho for getting her the wrong hand lotion and Booker T and Edge feuding over a Japanese shampoo commercial. (Rock/Hogan was great, but man, the build for everything else at Wrestlemania 18 suuuuuucked.)
  • Prototype won the OVW title from Leviathan at the latest OVW tapings. After the match, they did an angle to set up David Flair as the #1 contender for the title. Prototype's only singles loss in OVW came last week, when Flair beat him, so there ya go (this video covers ALL of that. The FlaiCena match, the Leviathan match, the post-match angle, etc).
WATCH: Prototype vs. Leviathan for OVW title - 2002
  • Wall Street Journal did an article talking about the decline in Smackdown's ratings, saying they were down 28% from last year and down 42% from the year before that. The article blamed it on Smackdown changing networks. Here's the thing though....it hasn't. Raw changed networks in 2000. Smackdown has been on UPN since its debut. Also, UPN has grown overall in ratings while Smackdown has declined. So....no. It's just because the show sucks now.
  • Charlie Haas, fresh off returning to the ring and winning the HWA title after the death of his brother, tore his ACL this week. He just had surgery and will be out 4-6 months. Rough few months for that dude.
  • A Washington newspaper did a story on James Dudley, who you may know as....WWF Hall of Famer James Dudley and little else. On-screen, he's never really done much. But Dave says Dudley started working for Vince Sr. back in the 1940s, when Sr. was a boxing promoter, and was essentially his Vince Sr.'s driver and assistant. Dudley did a lot of odd jobs for the company during those early years, working ticket booths and stuff like that, but to most people, he was just kinda known as Vince Sr.'s limo driver. So when he was indicted into the WWF Hall of Fame a few years ago, it was a pretty controversial decision among a lot of people, given that someone like Bruno Sammartino isn't in, by the company's limo driver is. Anyway, before his death, Vince Sr. made Vince Jr. promise to take care of Dudley and keep him on the payroll. So for the last 18 years or so, even though he doesn't work for the company, Vince McMahon has continued to pay him a salary. He also bought him a new car as a gift some years back.
  • Billy and Chuck's recent tag team title win makes Billy Gunn the most decorated tag team wrestler in WWF history, as he's now held the tag titles 9 times (3 as part of the Smoking Gunns, 5 as part of New Age Outlaws, and now once with he and Chuck). The previous record was Mick Foley, with 8. (to the best of my research, if we're only talking WWF/WWE tag title reigns, that record is now held by Edge).
  • USA Network CEO Barry Diller took part in a lecture at Syracuse University and talked about losing the WWF to TNN. When asked why it happened, he responded, "Because I'm a dope." He said he didn't fight hard enough to keep the WWF and admitted the loss hurt, but also said it may have been the best thing for them in the long-run because pro wrestling doesn't really fit the direction they're planning to take the network. He said wrestling fans came for wrestling and left immediately after it was over and there was never any cross-over fans who stuck around to watch the next show or anything like that. He said they could never figure out what to connect wrestling to within the rest of their properties.
  • WWF held a try out camp in Cincinnati and reportedly, nobody was particularly impressive, including AJ Styles. The knock on Styles was that he's average looking and too small. Wrestler Sonny Siaki was said to be the most impressive, but he also rubbed people the wrong way with his attitude so probably not gonna make the cut this time. Matt Morgan, who was on the Tough Enough casting special last season got a tryout and since he has no formal training, he was pretty awful but he's big so Dave seems to think he'll get a chance anyway. The other one they were impressed by was a woman named Erin Bray, who was one of the final 25 picked for the original Tough Enough. But then some other contestants spotted her out on a date with one of the show's judges and they threw a fit, which resulted in Bray not making the final 13. Another wrestler, Travis Tomko, is a guy who has worked some indies and is a former bodyguard for Limp Bizkit ("Tomko, gimme a beat." "No.")
  • Rock was a presenter at the NAACP Awards and Dave thinks he looked pretty great for a guy who was almost murdered in an ambulance by the NWO a few days earlier. Cheeky Dave is just the best.
  • Speaking of, Dave throws in a random paragraph to backhandedly shit on Kevin Nash. For years, people in the business joked that Lex Luger made the most money with the least ability or drawing power of anyone ever in wrestling. Dave says it's gotta be Nash. For example, Nash is not wrestling and is only going to be in Hall's corner for the match at Wrestlemania (his knees really are giving him problems), but he has been promised that he's going to get the same type of payoff as if he was the guy in the match working with Austin in the semi-main event. Not to mention all the huge contracts he signed in WCW, or how he got a huge-by-WWF-standards deal here, plus got Vince to cave to almost all his other demands regarding schedule and bringing back Scott Hall, among other things. (I mean, while Dave is being kind of a dick here, I don't think he's really wrong either. When it comes to top draws in the history of the business, Nash isn't anywhere near even the top 10 or 20. And he's never exactly been a great wrestler. But since the 90s, Nash always managed to make sure he gets PAID like he's in that upper echelon. Nash is one of those very few wrestlers who isn't entranced by the fame or the fake accolades. He treats wrestling for what it is: a business. It's the way they pay their mortgages and buy groceries, just like you and me at our jobs. I love it. I laugh my ass off every time I hear "Brock Lesnar signed a huge new contract to only work 6 matches a year." Good for him. I hope he gets even more money for less dates next year. You should always know your worth and never let your employer take you for anything less. Nash has always been one of the guys to do that and he's probably going to die comfortably in a nice house while these other guys from his era are still clinging to fame at 60 years old doing $300 indie shows on crippled knees. Anyway, that's my soapbox). Dave seems to feel the same way and admits, love him or hate him, you gotta give Nash credit for being one of the smartest guys in the biz.
  • Fear Factor featuring the Hardyz, Lita, Test, Molly Holly, and Jacquelyn aired this week. First they had to climb up a rope ladder hanging from a helicopter over the river and they all made it up except Jeff Hardy who slipped near the top and fell (knowing Jeff, he probably purposely let go so he could take the big fall for fun). Lita also got eliminated for being the slowest one up the ladder. Next they had to chug a gross drink that included bile, rooster testicals, spleen, and some animal brains all blended together. Molly Holly almost vomited after one sip and was out. Jackie and Matt succeeded. Test refused to even try. So then it came down to Matt vs. Jackie and they had to walk across the tops of high poles and move flags around. Matt Hardy ended up winning the whole thing and won $50,000 for charity.
WATCH: WWF stars on Fear Factor, Pt. 1
WATCH: WWF stars on Fear Factor, Pt. 2
WATCH: WWF stars on Fear Factor, Pt. 3
  • Sunday Night Heat is being converted into one of the B-shows like Metal and Jakked. Awhile back, they started airing Heat from the WWF New York restaurant but the production costs of that were high. So in a cost-cutting move, they're just gonna tape dark matches and throw them on Heat the same way they do those other shows, featuring all the nobodies that can't ever get TV time on the main shows.
  • As mentioned last week, Scott Hall has been taking a drug called Antabuse, which makes him violently sick when he drinks or even smells alcohol. It caused him to get sick after Raw last week when Austin poured beer all over him in a bit after the cameras were off. Hall has said he is clean and has been clean for awhile, except for the incident a couple weeks ago where he fell off the wagon. Others are skeptical and question if Hall only takes his medication on TV days and needless to say, there's some doubt here.
  • Everywhere he goes, Brian Christopher has been telling people he's coming back to WWF after Wrestlemania, but contrary to what he's saying, Dave says there are zero plans for that (indeed, it does not happen).
FRIDAY: More on WWA's PPV disaster, the landscape for any new promotion attempting to start up, WWF huge show in Japan, WWF loses appeal over "WWF" initials, Bret Hart given offer for Wrestlemania 18, and tons more...
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