Here is the biggest casino loser of all time......
Terry Watanabe lost over $120 million in 2007 and $205 million in total. The Chinese businessman acquired his wealth running his father’s Oriental Trading Co. in Omaha, Nebraska until he sold in 2000 and made a fortune..
Some of his play on the blackjack table was notoriously bad as he would sit playing three hands simultaneously on the $50,000 limit table, often hitting even when he was on twenty, hoping for an ace.
Caesars Palace ended up suing him for $15m in unpaid debt despite having taken over a hundred million dollars from him already!
Watanabe filed a 19 page civil suit to counter the criminal charges, in which he alleges Harrah’s, the owners of Caesars Palace, supplied him with prescription drugs and alcohol with a “secret intention” of keeping him gambling and siphoning off his wealth.
Who do you think has more greed, the casino or Watanabe?
There Are Winners and Then There Are Record Breaking Losers.....
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