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Las Vegas gunman Stephen Paddock lost money in 2 years preceding shooting
Las Vegas Review-Journal ^ | November 2, 2017 | Blake Apgar

Posted on 11/03/2017 3:07:15 PM PDT by familyop

Gunman Stephen Paddock lost a large amount of wealth in the two years before the Oct. 1 shooting on the Strip, Clark County Sheriff Joe Lombardo said in an interview with a local television station.

Lombardo told KLAS-TV, Channel 8, that Paddock’s wealth fluctuated because of gambling, real estate transactions and “everything else that he chose to do.” Paddock lost a large amount of money after September 2015, the sheriff said.

Lombardo speculated that the financial losses might have contributed to Paddock’s decision to spray a country music festival with bullets, killing 58 people and injuring more than 500 others.

“I think that might have a determining factor on what he determined to do,” Lombardo said in the interview, which aired Wednesday night.

Later, Lombardo said, “If you look at the numbers that he did gamble, he was pretty prolific, but he was going in the wrong direction, so I don’t know if that had any effect on what he decided to do.”

Lombardo could not be reached Thursday by the Las Vegas Review-Journal.

The sheriff told Channel 8 that Paddock was concerned with his status in casinos and with friends and family. “Obviously, that was starting to decline in a short period of time, and that may have a determining effect on why he decided to do what he did,” Lombardo said. He said authorities have not determined a clear motive for the shooting.

Investigators also have not been able to pinpoint a moment in Paddock’s life that would have led him to amass dozens of weapons since October 2016, he said. “I actually hope we find something in the pathology of his brain that will help us understand this,” Lombardo said.

Paddock’s brain tissue was sent to Stanford University School of Medicine’s Department of Pathology for a neuropathological examination, Clark County Coroner John Fudenberg said in the weeks after the shooting.


TOPICS: Crime/Corruption; Extended News; Government
KEYWORDS: banglist; guncontrol; lasvegasshooting; lvinvestigation; nevada; paddock; paddockbio; stephenpaddock; tourism; vegas
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To: Gen.Blather

My buddy had a book store in Oakland with a “hair salon” next door. When the “salon” moved out the landlord did a reno. We were shocked when they started pulling out odd items like jacuzzis from the back room. Turns out the “hair salon” was just a cover and there was a bordello in the back rooms. LOL.


41 posted on 11/03/2017 4:21:45 PM PDT by lodi90
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To: Alberta's Child

Actually, it IS possible to make a living playing video poker, though not easy. There are machines that return over 100% with perfect play, though not usually in the higher denominations. But even if you play a 99.5% machine, you can overcome that in various ways, including comps and point multipliers. There is a large community of “advantage” vp players. See the website vpfree2.com. I know it’s counterintuitive that casinos offer games that can be beaten, but blackjack and video poker are two such games. Both require a great deal of skill.

P.S. I am a mathematician living in Las Vegas and know several winning vp players. Personally, I prefer to spend my time in other ways.


42 posted on 11/03/2017 4:28:21 PM PDT by The people have spoken (Proud member of Hillary's basket of deplorables)
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To: familyop

Blake Apgar

Seriously???????


43 posted on 11/03/2017 4:29:55 PM PDT by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: Enchante
I won’t believe anything like this unless they show they have exhaustively investigated possible “money laundering” angles. It is impossible to believe that Paddock made loads of money over the years as a “professional gambler” playing video poker, as has been asserted in the MSM many times now. So unless and until there is a really credible investigation of all of his sources of funds, any potential “losses” in the past two years may only be a blip in the larger picture.


Did the sheriff say unequivocally, that there was no contact whatsoever with the religion of peace?
44 posted on 11/03/2017 4:33:27 PM PDT by The_Media_never_lie
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To: Moonman62
My guess, other than be crazy and probably suicidal, he was ticked off about the noise.


So, sounds like he was kind of a "keep off my grass" type guy?
45 posted on 11/03/2017 4:37:58 PM PDT by The_Media_never_lie
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To: The people have spoken

Never lose at VP when in Vegas, but I only play at the bars, for drinks.

Never lose at Black Jack either, but I only play me against the dealer one on one (start time 4:00 AM, quit 5:30), Fremont casinos are best (not sure why).


46 posted on 11/03/2017 4:38:39 PM PDT by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: lodi90

There was one in a city near me a few years back. Hair salon, nail salon, massage, something. Turns out they were running a prostitution op. Very small. Part of that city I never go (like about 90% of that city).

Was out with a friend one night - we weren’t that far away so he showed me where it had been (it was on the local news). Just a small road-side shopping center of about 5-6 businesses (they were busted and closed up by then).


47 posted on 11/03/2017 4:39:03 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Enchante

The noise??? Be real, this was planned well in advance. He did not just get pissed about concert noise one night and open fire. He chose to massacre concertgoers for some reason(s) as yet undetermined, and he had to spend significant time preparing such an attack.

...

I’m pretty sure that wasn’t the first outdoor concert in Vegas.


48 posted on 11/03/2017 4:47:29 PM PDT by Moonman62 (Make America Great Again!)
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To: familyop
Paddock was dumb enough to believe he could continually BEAT A CASINO.

Paddock was smart enough to SINGLE-HANDEDLY plot, organize and execute the worst mass shooting in American history in one of the most 'surveillance heavy' cities in America.

I doubt EITHER of the above are true.

49 posted on 11/03/2017 4:49:01 PM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: familyop
"Investigators also have not been able to pinpoint a moment in Paddock’s life that would have led him to amass dozens of weapons since October 2016, he said. “I actually hope we find something in the pathology of his brain that will help us understand this,” Lombardo said."

Funny how no one is saying if those legally-purchased firearms were part of Obama's Fast-n-Furious gun-running.

Oh hey, would you need a way to launder gun-running profits from Mexican narco-gangs... and would it help if you owned a couple of private aircraft and had your pilot's license if you...well, you know, were hypothetically running guns?

Asking for a friend.

One more thing, would law enforcement in a Democratic city freak out and not want to say much if they found an Obama fast-n-furious connection?!

50 posted on 11/03/2017 4:55:04 PM PDT by Southack (The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
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To: familyop

The guy gambled to maintain status. He tried to pull a “slipping Jimmy” a few years back, but lost the lawsuit.

Status gives you access. Since he was known in the area, the casinos probably caught on to his game and started squeezing him and others who did the same thing.

What he did with his access is what needs to be investigated.


51 posted on 11/03/2017 5:13:36 PM PDT by PJammers (Quis custodiet ipsos custodes?)
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To: familyop

Yea right!


52 posted on 11/03/2017 5:14:44 PM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
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To: Moonman62

I wish you would make your point clearly.

Are you trying to say that he hated the noise of some previous concert, so he started planning to shoot up a crowd at some different, future concert??? That sounds more bizarre than anything we have heard, although I admit that there does not seem to be any good explanation so far.


53 posted on 11/03/2017 5:15:22 PM PDT by Enchante (Bill, Anthony, Harvey .... how does lesbo Hillary manage to surround herself with male predators???)
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To: Southack

My bet is he lost a pile of money on them. He was a gambler. Hilliary had a 99% chance of winning. He purchased most of his guns on Oct 16. The weapons were high end, with high end scope, scary attachments and 100 round, double stacked magazines.

I bet he spent north of $50K. He was betting Hilliary would win. She would implement a weapons ban. His gear would be worth a fortune. Instead, against all odds, Trump won. His guns aren’t worth what he paid for them. So he repurposed them.


54 posted on 11/03/2017 5:24:54 PM PDT by PJammers (Quis custodiet ipsos custodes?)
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To: Gen.Blather

I knew a guy who actually was a professional gambler. He wouldn’t go near a slot machine with a 10 foot pole. He worked at his job, with hours of study and self analysis. He was very clear about what he was doing and why. He wouldn’t even talk to the loudmouth football gamblers we worked with. I have a lot of respect for that guy. Nobody in any casino is a professional gambler.


55 posted on 11/03/2017 5:43:39 PM PDT by The Public Eye
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To: Enchante

Are you trying to say that he hated the noise of some previous concert, so he started planning to shoot up a crowd at some different, future concert???

...

Yes, I think he lived in hotels when he was in Vegas, so he probably experienced many of these concerts.


56 posted on 11/03/2017 5:52:31 PM PDT by Moonman62 (Make America Great Again!)
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To: familyop

Another “modified, limited hangout.”


57 posted on 11/03/2017 5:53:24 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: familyop

Bump


58 posted on 11/03/2017 5:55:47 PM PDT by foreverfree
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To: Celtic Conservative

Went broke buying guns,,,

I need a 12 step program myself.


59 posted on 11/03/2017 7:28:42 PM PDT by Big Red Badger (UNSCANABLE in an IDIOCRACY!)
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To: Alberta's Child
This was a guy who allegedly earned a living playing video poker. LOL.

He was not earning a living playing video poker. He earned a fortune in real estate and he was gradually losing money playing video poker.

60 posted on 11/03/2017 7:32:44 PM PDT by Drew68
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