Once the site of extravagant parties, salacious hooker orgies and a high profile raid, the Bodog Compound is now on the market for around $6 million. An attached home was included in the asking. Calvin Edward Ayre (born May 25, 1961, in Lloydminster, Saskatchewan) is a Canadian-Antiguan entrepreneur based in Antigua and Barbuda.He is the founder of the Ayre Group and Bodog entertainment brand. In 2000, Ayre launched online gambling company Bodog, the success of which made him a billionaire. Ayre's notoriety increased in the mid-2000s as online gaming's popularity surged, landing. QCOSTARICA Costa rica News. Latin America & The World. John’s, Antigua – Tuesday, July 28, 2020: The Calvin Ayre Foundation (CAF) is proudly sponsoring yet another project, this time, one with historic cultural significance to Antigua and Barbuda; the restoration of the West Wing buildings at Government House.
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A family in Costa Rica found themselves homeless after a devasting house fire destroyed their home and took the lives of two of their family members. The Calvin Ayre Foundation immediately came to the rescue. They provided a place for the family to stay while they rebuilt their home.
Paris Hilton budding up to Calvin Ayre whose Bodog online betting company is receiving over 6 billion a year in wagers.
Costa Rica has long been one of the more loosely regulated jurisdictions for online casinos and sports books. Operators need only a business license from the government to set up Internet gambling servers. And because of this, you can just about count on that every online bet is being funnel through Costa Rica.
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Online betting websites like Bodog and BetUS are two of the biggest in the World, both operate out of Costa Rica, San Jose region. Calvin Ayre, owner of Bodog, started the company in late 1999 with 10,000 US dollars and by the end of 2006, it was estimated that Bodog.com was taking in over 6 billion in yearly betting revenue, with 5 billion just in US dollars!
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However, what really established Costa Rica as the nucleus of online gambling was the 2007 US crackdown on online gambling. One particular indictment on BetUS.com where the Feds alleged that the defendants facilitated payments of more than $150 million to illegal Internet gambling websites. And U.S. government seizer of $24 million from bank accounts linked to Bodog, claiming, the sports betting giant was operating illegal-under-U.S.-law Internet gaming operation. These crackdowns sent bookies, sports book agencies and handicappers swarming to Costa Rica. Online business opened faster then a popped champagne cork, with celebrating profits flowing just as fast. Hundreds of mini online sports booking and casino sites opened up overnight in San Jose and in other parts of Costa rica.
Not only that, but the resort and hotel hype of such places like White House Hotel and Casinos, of “Try your luck” at our legal gambling skyrocketed, but the isolated, mom and pop establishments began opening up the slots, card tables, Caribbean and Texas Hold ‘Em poker, mini baccarat, blackjack, canasta roulette, craps, rows of slot machines and video machines. Ask any taxi driver and your gambling needs will be taken care of, regardless of what town you are in.
Casinos are now all over Costa Rica and it is estimated that over 20% of all travelers, travel just for the adult entertainments of sex and gambling.
On a recent trip to Golfito, I meant a heavy set man who was the salesperson for a slot machine company in La Vegas. He was huffing and puffing with appointment after appointment of slot machine orders from small towns that bordered Panama. In most cases, slot machines were being shipped to mom and pop casinos from Panama, where there was little or no government control. Payments for the slots were a percentage of the take until the machines paid for them, which was usually within six months.
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You won't find it in the stock listings, but one business that has emerged as a huge moneymaker is Internet gambling - a pastime of millions of Americans.
Running an online gambling operation is illegal in the U.S., so the physical nuts and bolts of gambling sites tend to be located in other countries, including Costa Rica.
That's where CBS News correspondent Anthony Mason went for part one of his series, The Biggest Game.
Calvin Ayre lives in a walled-in compound in San Jose, Costa Rica, with armed guards outside, and a tropical oasis inside - complete with its own miniature mountain – perfect for surveying the palatial grounds and all it contains.
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Ayre, whose personal paradise was built with the profits of the Internet gambling site bodog.com, isn't shy about showing off the trappings of his newfound wealth.
It's a bit of a celebration really, as the mogul who began life as the son of a Canadian pig farmer gives a reporter the grand tour, including a stop in front of the Harley he parks in the living room.
'This thing,' he says, pointing to custom etching on the bike, 'actually has jeweled front forks that say Bodog.com.'
Ayre's fortune recently landed him on the cover of the billionaires issue of Forbes magazine.
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Ayre, who is 44, says Forbes came in way low with its estimate of his wealth, which he weighs as closer to $1.5 billion.
'I was a math major,' he says, with a smile.