Biggest gambling losers

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The Economist explains 8 hours ago. You would be terribly wrong to assume that all of the high stake gamblers are tycoons.

Now, Harrah's and Watanabe are engaged in a complicated legal battle after Watanabe william hill york jobs a civil suit in Clark County District Court last month claiming the casino was partly responsible for fueling his stunning streak by providing him free drinks and painkillers and allowing him to gamble when he was clearly intoxicated.

Watanabe was drinking "two gambling bivgest bottles of vodka a day," all supplied by Harrah's employees, O'Donnell said. Watanabe, the former owner of popular mail-order retailer Oriental Trading Co. Watanabe's suit and letter to the commission were part of a legal strategy to get Harrah's to drop its charges against him, a spokesman for Harrah's said.

Watanabe is "a criminal defendant who faces imprisonment for theft and writing bad checks," Harrah's Entertainment said in a statement to ABC News. O'Donnell said his client paid the bulk of his gambling losses while he was still struggling with addiction. His sister eventually intervened and Watanabe went to rehab, O'Donnell said. And at the end of the day, he takes responsibility of his drinking and gambling problem," O'Donnell said, adding that Harrah's needs to take responsibility for encouraging Watanabe's addictions.

Three personal concierge attendants served at his beckon call. Special vodka gamvling imported from Russia by the case and served only to him, he said. It's no secret that Las Vegas offers generous VIP treatment to court what many in the industry refer to as "whales" -- extremely wealthy, high-roller patrons. And although Watanabe was as big a whale as they come, not all casinos wanted his business. Prior to his stints at Caesars and the Rio, Watanabe said, he was banned from the Wynn casino by Steve Wynn himself when he was found gambling intoxicated there in American hostage mom describes brutal treatment by Taliban captors.

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From losing millions to billions at a plethora of casino tables, we count down 10 Biggest Gambling Losses Of. Here at TheRichest, we've decided to compile some of the biggest gambling losses of all time into this brief list. If you think it's rough losing $3. A casino loser named Faoud-al-Zayat started out losing and continued to Akio Kashiwagi is known as one of the biggest gamblers of all time.