Owning Mahowny

Owning Mahowny Owning Mahowny is a Canadian film about the effects of gambling addiction. It was directed by Richard Kwietniowski and released in 2003. The cast includes Minnie Driver, Philip Seymour Hoffman, John Hurt and Maury Chaykin.

It is based on a true story about a Bank Employee who embezzled more than $10 million from a Toronto Bank to feed his gambling addiction.

The Main Story

In the early 80s, Dan Mohowny (Philip Seymour Hoffman) is a trusted employee at the Canadian Imperial Bank of Commerce. Over time he is promoted to Branch Manager, which means he has access to large sums of money.

His Boss trusts him and has no idea that Mahowny is a compulsive gambler. However, Mahowny was gambling every week at Atlantic City casinos with the bank’s money. The casino management considered him to be a High Roller and wined and dined him.

Like all gambling addiction, the amounts started getting bigger and bigger to recoup his losses. However, the bank did not find out about the theft until the Toronto police began to investigate Mahowny’s bookie Frank (Maury Chaykin).

Mahowney was subsequently arrested and prosecuted in Canada by the Crown Attorney. He received a six-year prison sentence. The Canadian Imperial Bank of Commerce also sued the Atlantic City casinos to recover the funds Mahowney spent. There was an out of court settlement for an undisclosed sum.

The Ending

Dan Mahowney served his full six years prison sentence and has not gambled since his release. He is now married with three children and works as a Financial Consultant.

The difference between this movie and other gambling-related movies is that Owning Mahoney concentrated on the gambling addiction and not on the glitz and glamour of the casino life.

However, it turned out to be a box office flop as the movie only made $1 million but cost $10 million to produce.

Even Money

Even Money Even Money is a 2006 American film directed by Mark Rydell. It stars Nick Cannon, Forest Whitaker, Kim Basinger, Kelsey Grammer, Danny DeVito, Tim Roth, Jay Mohr, Carla Gugino, and Ray Liotta. It was also released in theatres on May 18, 2007.

Even money has an elite cast and concerns three strangers whose lives intertwine through their gambling addiction. They are a novelist, a former stage magician and an older brother of a college basketball star.

The Main Story

Even Money is a crime movie highlighting how addiction to gambling leads to destruction and bad choices.

Carolyn Carver is a published author who gambles away her family’s life savings while her husband and daughter think she is working on a new book. Along comes Walter, a struggling wannabee magician with a gambling problem who befriends Carolyn. Clyde Snow, the third character, is the brother of a college basketball star and hugely in debt to gamblers and turns to his younger brother for assistance in the form of shaving points at games.

As the story unfolds, Carolyn’s husband becomes frustrated with her continual absences and ultimately catches her gambling and asks for a divorce. Walter gets information about the rigged basketball game and places everything he has on the outcome and convinces Carolyn to do the same, which will lead to their demise. Unbeknown to them, Clyde tells his brother his gambling debt is settled, which is not the case; however, Clyde’s life is threatened by Victor an abusive and violent criminal, hence ensuring his brother does not lose the game.

The Ending

The game’s outcome has devastating consequences as happens to many gamblers searching for that next big win. Stakes get higher, and they lose everything, including their families, which happens to Carolyn. Even money also has a twist that adds that extra feeling of anticipation.

Casino

Casino Casino is a gambling movie released in 1995 and directed by Martin Scorcese. It is based on the non-fiction book called Casino: Love and Honor in Las Vegas. Casino has a big name cast and stars Robert de Niro, Sharon Stone, Joe Pesci, Don Rickles, Kevin Pollack and James Woods.

The Main Story

Casino follows Sam Ace Rothstein, a Jewish American played by De Niro. He is an expert gambling handicapper who is asked by the Chicago Outfit to manage and oversee the Tangiers Casino’s daily runnings in Las Vegas. Ginger McKenna, played by Stone, a former dancer, and prostitute, is married to Ace and she is a streetwise chip hustler with whom he has a daughter.

Casino details Sam’s casino operations, which come with numerous difficulties. In particular, the Mafias involvement and his gradual breakdown of relationships and standing in the gambling industry as Las Vegas starts to change.

The Ending

During his time at the Tangiers, Sam doubles the Mafia bosses’ profits, which of course they skim off before paying tax. However, in 1976 Sam fires his slot manager Don Ward for incompetence. When Ward’s brother-in-law, Clark County Commission chairman Pat Webb, hears about this, he tries to convince Sam to rehire Don.

However, Sam refused, so Webb uses his influence to ensure that Sam’s gaming license gets denied by the relevant authorities.

This puts Sam’s position at the Tangiers casino in jeopardy. Moreover, it angered the Mafia bosses, and they brought in an incompetent Kanas City Underboss to oversee the operations. He wrote everything down in a notebook which the FBI gets their hands on, resulting in an investigation.

The FBI shut the casino down in 1979. Sam life comes full circle when he eventually retires to San Diego as a sports handicapper, ending up right where he started.