GoFuckYourself.com - Adult Webmaster Forum - View Single Post - This idiot lost $112 million gambling at Harrah's Casinos in Vegas in 2007!

Agent 488 · 06-14-2010, 06:03 AM

http://en.wikipedia.org/wiki/Oriental_Trading_Company

In 2000, Watanabe sold his entire stake in the company to Los Angeles-based private equity firm Brentwood Associates, and resigned as CEO and President. [1] Watanabe is alleged to have had alcohol and gambling problems resulting in losing US$204 million to the Rio and Caesar's Palace in Las Vegas in 2007. [3] Harrah's, which owns the two casinos, derived 5.6% of its revenues that year from Watanabe. He has paid $112 million but refused to pay the rest prompting Harrah's to file criminal charges against Watanabe. [4]

06-14-2010, 06:03 AM
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	http://en.wikipedia.org/wiki/Oriental_Trading_Company In 2000, Watanabe sold his entire stake in the company to Los Angeles-based private equity firm Brentwood Associates, and resigned as CEO and President. [1] Watanabe is alleged to have had alcohol and gambling problems resulting in losing US$204 million to the Rio and Caesar's Palace in Las Vegas in 2007. [3] Harrah's, which owns the two casinos, derived 5.6% of its revenues that year from Watanabe. He has paid $112 million but refused to pay the rest prompting Harrah's to file criminal charges against Watanabe. [4]