AboutRichard Reed Expertise I am the owner/editor of the #1 Informational Guide of Las Vegas, Insider Viewpoint of Las Vegas.My 30-years of experience living, working, and gambling in Las Vegas coupled with six years of printing 100,000 magazines monthly about Las Vegas has earned expert credentials.My extensive background in current and yesteryear activities allows my readers a true "Insider Viewpoint" to the 24-hour city of excitement.
Experience Printing the #1 Informational Guide of Las Vegas for six years and creating the famous Insider Viewpoint of Las Vegas web site more than five years ago has given me an opportunity to share my knowledge with millions.Daily, more than 10,000 people visits my web site and search through the 1,000+ pages of information about the great city of Las Vegas and the surrounding area.My staff and I can help with the simplest question to helping you with a complete convention set up including hotels and air
My degree in accounting and business management was not a spring board to the occupation I have chosen.Las Vegas is more of a teacher of hard knocks and experience in the city, rather than learning it from a text book.
Building a world class web site is rewarding, but having companies like Dow Jones Business Directory/Wall Street Journal acknowledge that you have created a site worthy of their readers is truly rewarding.My web site, http://www.insidervlv.com , has received dozens of other prominent awards also.My site is used by many world famous companies to advertise their products, once again proving a lot of hard work and dedication will be noticed by the masses. In addition to Insider Viewpoint of Las Veg
Expert: Richard Reed Date: 4/28/2008 Subject: megabucks
Question QUESTION: Seven friends get together once a month to play Megabucks. There is an unwritten agreement that they will split the winnings. Each puts $100 into the kitty and they take turns playing until its gone or there is a sizable win. If the Megabucks jackpot hit when one of them was playing and he decided not to split with the others, do they have any recourse?
ANSWER: As the old joke goes, verbal contracts are not worth the paper they are written on. Seriously, in Nevada gambling debts and pre arranged deals can be upheld in court. Recently a pre arranged deal on how to split the money won at the World Series Poker Tournament was awarded to the person who did not get paid, and that was not a signed contract deal. HOWEVER, the cost of lawyers to prove you are right might be more than your share could be. This might take years to go through the legal system and of course there is never any guarantee you will win the case. My suggestion is to get everyone to sign and eliminate any future problems.
QUESTION: What is an unincorporated association and would such an agreement hold up in the above scenario?
Answer That may be a question for a lawyer, but I think you could just reduce your risk significantly if you just reduce your intentions to a written instrument. Basically, anything is better than what you have at this time.
