Man Lost 127 Million Dollars in Las Vegas
Man lost 127 million dollars in Las Vegas in 2007
Terrance Watanabe, former owner of Oriental trading mail order company
said he bet more than 825 million and lost nearly 127 million in Caesars
and Rio.
If in fact accurate it would be the biggest losing streak in Vegas history.
According to Watanabe’s lawyer on ABC’s Good Morning America his
client was so addicted and out of it he didn’t realize what was going
on. Watanabe claims that casino employees gave him special requested
Russian Vodka and Loritabs. As much as 3 bottles of Vodka and 8-10 Pills
per day. Harrah’s group has denied that claim and said they never saw
him drunk.
His typical bad day was a loss of 5 million dollars so
wouldn’t his claim be more legit if he said that it happened that one
day and now he doesn’t want to pay? Instead he came back over and over
throughout the year and finally is deciding not the pay the final 14
million.
Watanabe has been charged with four felony counts for the refusal to pay
the final 14 million. According to the ABC story Watanabe single
handedly is credited for providing Harrah’s group with 5.6 percent of
their revenue during 2007.
Watanabe has filed a civil suit claiming the casino was partly to blame
for his actions. His suit claims that the casino gave him a steady
stream of drinks and pain killers to keep him gambling even when he was
losing millions.
Casinos have been doing this forever, that’s why we love them. I hope
this guy doesn’t stop the rest of us from getting free drinks while we
play.
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