IBJNews

'Survivor' star looking for investors for casino game

Back to TopCommentsE-mailPrintBookmark and Share

Reality-TV star Rupert Boneham is putting out a call to investors who might want to try their luck at owning a portion of a casino table game he has created.

The Indianapolis resident of “Survivor” fame is holding an informational meeting at 7 p.m. Tuesday at the office of his not-for-profit, Rupert’s Kids Inc., at 757 E. 86th St.

Boneham launched his charity in 2004, about the same time he captured the $1 million prize as winner of “Survivor: Pearl Island.”

Plans to expand his mentoring program for troubled teenagers and young adults to other cities in Indiana needs financial backing. Boneham thinks his Rupert’s Island Draw casino game could provide the answer.

He is seeking 10 investors to pay $10,000 each for a 1-percent stake in the game. Boneham plans to use the $100,000 to market the game and to get it into as many casinos across the country as possible.

Investors would earn 1 percent of monthly revenue from rental fees that the casinos would pay for the game. The more casinos that want the game, the larger the return for investors.

Rupert’s Kids would benefit from the 20 percent of revenue Boneham has pledged to the charity.

“I am looking for investors at a time when money is so tight,” Boneham said. “But I don’t want to give a lot of the company away. I want to make sure I know who is getting involved.”

Rupert’s Kids is funded completely by private donations, which began to dwindle in 2008, Boneham said. His charity ran a $35,291 deficit in 2009, according to its most recent Internal Revenue Service Form 990. Expenses totaled $210,069 on a budget of $174,778.

Boneham is seeking investors as his casino game gets closer to winning licensing approval. A test run at the Golden Nugget casino in Las Vegas is finished, and the Nevada State Gaming Board is expected to give the game its blessing June 24.  

If all goes well in Nevada, Boneham plans to market his game to casinos across the country.

He plans to register the securities with the Indiana Secretary of State’s Office once the game is licensed.

“I am testing the waters to see if there is value in what we created,” he said.

Rupert’s Island Draw is a two-card game using the ace through six cards. The goal is to get a lower score than the dealer. A third card can come into play, and a hand over 12 is considered a bust.

“It’s a very non-threatening game,” Boneham said.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

ADVERTISEMENT