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Anonymous Gambler Offers Reward for Stolen Bellagio Chips

Dec 23, 2010
Author: Michael Mancini
Anonymous Gambler Offers Reward for Stolen Bellagio Chips

An anonymous blackjack player known only as “Robin Hood 702” has put up a $50,000 reward for recovery and return of the $1.5 million in chips stolen from the Bellagio last week.

Robin Hood 702 – who has managed to remain anonymous for the past two years – has made charitable donations to families and individuals in need since 2008. Through his website (www.robinhood702.com), he has allowed persons in need from around the world to submit their stories, giving those people whose stories most moved him paid trips to Las Vegas. Once there, they get to watch Robin Hood 702 attempt to win enough money to cover their need while playing blackjack – with a guarantee that they’ll get at least half of what they need, regardless of how well he does at the tables.

According to a report in the Las Vegas Sun, Robin Hood 702 got the idea for putting up money towards the capture of the robber after a recent visit to Las Vegas.

“Being in Downtown Vegas, where it all started, was somewhat mentally stimulating and exhilarating to me,” he told the Sun. “Vegas means something to me, that’s why I feel I had to act.”

The daring heist took place last early in the morning last Tuesday. The thief wore a motorcycle helmet and was brandishing a handgun as he made his way to a craps table and proceeded to steal most of the chips on the table. He then escaped on his motorcycle, his helmet making it difficult to identify him.

It may be difficult for the thief to cash in on his crime, however. Most of the value from the robbery came in the form of $25,000 chips, which are difficult to get back into play without attracting serious attention.

As for Robin Hood 702, he told the Sun that his main motivation for offering the reward was keeping the city of Las Vegas safe for visitors by dissuading copycats from trying similar stunts.

“If the Bellagio was hit, the Palazzo could be hit, the Venetian, the MGM Grand,” he said. “This guy has to be apprehended quickly.”

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