Calvin Ayre - Bodog
http://www.youtube.com/watch?v=IGgFBody1Pg
http://www.calvinayrelife.com/
http://www.calvinayrelife.com/
#746 Calvin Ayre
Age: 44
Forrtune: self made
Source: Bodog.com
Net Worth: $1.0 billion
Country Of Citizenship: Canada
Residence: San Jose, Costa Rica, Costa Rica, South & Middle America
Industry: Gambling /Leisure
Marital Status: single, no children
Son of grain and pig farmers grew up on a farm in Saskatchewan, Canada; placed first bets playing blackjack with hockey teammates (see story). Sold fruit on side of the road, organized party trips to Cuba during college. University of Western Ontario M.B.A. ran into trouble 1991: civilly charged with insider trading, eventually settled for $10,000 and banishment from Vancouver Stock Exchange until 2016. Set up online gambling Web site Bodog.com in 2000. Based in Costa Rica, sales up 150% to $210 million last year. Profit margins exceed 25%. The problem: Taking bets from Americans is illegal, according to the U.S. Department of Justice. The solution: wire money to London, process bets in Costa Rica, develop marketing and technology in Canada, advertise in the U.S. "We run a business that cannot actually be described as gambling in each country we operate in. But when you add it all together, it's Internet gambling." Now trying to become a star, using good looks and America's unquenchable thirst for celebrities to make Bodog more noticeable than competitors PartyGaming and Sportingbet. Bodog now owns TV unit, music label; producing a poker show with Fox Sports Net to be broadcast in April.
Age: 44
Forrtune: self made
Source: Bodog.com
Net Worth: $1.0 billion
Country Of Citizenship: Canada
Residence: San Jose, Costa Rica, Costa Rica, South & Middle America
Industry: Gambling /Leisure
Marital Status: single, no children
Son of grain and pig farmers grew up on a farm in Saskatchewan, Canada; placed first bets playing blackjack with hockey teammates (see story). Sold fruit on side of the road, organized party trips to Cuba during college. University of Western Ontario M.B.A. ran into trouble 1991: civilly charged with insider trading, eventually settled for $10,000 and banishment from Vancouver Stock Exchange until 2016. Set up online gambling Web site Bodog.com in 2000. Based in Costa Rica, sales up 150% to $210 million last year. Profit margins exceed 25%. The problem: Taking bets from Americans is illegal, according to the U.S. Department of Justice. The solution: wire money to London, process bets in Costa Rica, develop marketing and technology in Canada, advertise in the U.S. "We run a business that cannot actually be described as gambling in each country we operate in. But when you add it all together, it's Internet gambling." Now trying to become a star, using good looks and America's unquenchable thirst for celebrities to make Bodog more noticeable than competitors PartyGaming and Sportingbet. Bodog now owns TV unit, music label; producing a poker show with Fox Sports Net to be broadcast in April.
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