How to blow $127 million gambling drunk

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Sometimes one cannot control one's emotions, and when one is in a casino, they are the worst advisor. The second is alcohol. And when the two come together, along with the modest sum of $127 million, the recipe for total disaster is in place. Unfortunately, the following story is completely real and just goes to show how quickly a person can lose control of themselves and their money.

Terrance Watanabe is a super successful businessman. His father started a company when Terrance inherited in 1977, and 23 years later the company generated over 300 million dollars in turnover. The billionaire has achieved everything in the business world, but only there - Watanabe no family, not many friends, no wife. In 2000, he gave up the business, sold it, and in 2003 he rediscovered gambling. And in 2007, he became the main "donor" of Las Vegas.

In the year in question Watanabe devotes himself entirely to his passion for gambling. Most often visited "Scissors Palace," and according to several different sources, over the course of his several-month odyssey, he placed bets totaling nearly $1 billion, ultimately totaling a total loss estimated at $127 million—the largest single-person loss in betting history in Las Vegas.

Most of the time Watanabe consumed heavy amounts of alcohol, consuming more than 2 bottles of hard alcohol on some days. Eventually, Watanabe he stops gambling before he has lost everything he owns, even going to court between him and the casino. The businessman has to pay $15 million in unpaid bills, which he himself refused on the pretext that the casino failed in its duty to stop a player who was apparently incapable of making decisions, and on top of that he was encouraged to gamble. Ultimately, the two parties settle out of court, as Watanabe is not paying the $15 million in question, only the costs of the case.

To this day, it also remains the largest single loss in Las Vegas history. Yes, the money is not wasted, but to single-handedly realize over 10% of the annual profits of Vegas casinos is complete madness.

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