This idiot lost $112 million gambling at Harrah's Casinos in Vegas in 2007!
 

Incredible...

http://photos.lasvegassun.com/media/...ng_bw_t651.jpg

http://www.lasvegassun.com/news/2010...ino-debt-case/

Been a news story around here for a while now. Guy had tons of money but loved gambling.

Yeah, I see it's an update on an ongoing case. Here it says he lost over $200 million.

http://o.aolcdn.com/photo-hub/news_g...363289875.JPEG

http://www.aolnews.com/nation/articl...llion/19484827

damn he sucks

never seen an asian gamble. sounds fake.

I was working a Caesars Palace when all this went down.. I had many interactions with him, and have been to his room on the 46th floor many times. He always treated me good but the casino ALWAYS kept him high and drunk.. It was put out by Harrahs corp that "You never say no to Mr Watanabe, If you do then you will be fired"

After $100M one would think he would start entertaining the possibility that he may have a mild gambling problem.

Still, it was very nice of him to donate his millions to the wealthy casino owners.

A couple of hundred million is nothing to him at the time I knew him he was worth about 5 billion...

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]

That's pretty fucking gangster. If you have that much money that after 112 million you're basically like "fuck you come get the rest" ... although I don't agree with it - that's pretty ballsy.

shit. wish he played online assigned to one of my accounts. Could have used the revshare from the 112 million.

I buy their shit all the time for parties.

the DA receives a fee for collection?

Wow, I can't imagine being mad at someone who lost $200 Million to me. :1orglaugh

i'd of got myself some hair implants if i was him.

did he have the cash or did he gamble knowing he didnt have it?

We need guys like him buying porn. :1orglaugh

Damn, can you imagine if that would actually happen :1orglaugh

LOL

http://o.aolcdn.com/photo-hub/news_g...363289875.JPEG

He's worth about $5 Billion someone said. Everyone knows he has the money.

I've heard some great whale stories from top affiliates. Sending their kids through college...

Yeah, I know of some guys who got lucky with whales in gaming and webcams, but do you think a casino would keep on paying commission once it reaches such ridiculous amount like $100+ millions ?

Wonder if he's any relation to Geddy Watanabe... the "donger"...

:1orglaugh

nice point

his face loooks like a can of smashed assholes

he can be happy when they only sue him - in "old" Las Vegas he'd be wearing concrete shoes at the bottom of Lake Mead

seriously. no wonder why im not getting as many free comps as i used to now... that guy has them all :(

WAS worth .................:2 cents:

Hahaha! :1orglaugh

He looks like guy not to mess with. Emocionally shallow, balls of steel and still loads of money. ;)

His hair got that thin after he lost the $200 millions. Give him some time.

LOL... The casino hosts kept him well stocked with all the young ( over 21 ) blond males he could handle... I remember one of them being an asshole making all kinds of crazy demands.. But the hotel still complied... Watanabe would trade guys about every 2 weeks or so...

" He alleges the company encouraged him to gamble while intoxicated."

Anyone here ever gamble sober? :1orglaugh


.

You must not gamble much. Maybe that's sarcasm? Must be sarcasm.

If you have a blog you should write up a whole blog post about all the shit you saw with this guy. I bet it would go viral and could get picked up the local Vegas media.

I suppose he did not call 1-800-GAMBLER

He does play online, but not nearly as much as in a casino. He was up around the $5 million in purchases mark for the online gaming company I worked for.

i don't understand why he would need all those markers if he is so loaded. i don't gamble though so i don't know how that all works. but 38 markers at one casino, certainly someone should get fired for extending that kind of credit eh.

jesus this guy really is a high roller! Unreal!

If you have a 112 million why gamble in the first place?

I agree.. In his room there is a safe that looks just like a walk in bank vault.. The amount of cash I saw in there was un-fucking real..! All CASH... He would walk around with a backpack with around 8-10 million in it for a nights worth of gambling... I used to say to him "Your crazy to carry around that kind of money" He would just laugh and say " It's only money, I have a lot more where that came from" I must admit he was a very nice guy and always treated me good...

Is it me or does he look like Michael Schumacher....an uglier oriental version? :1orglaugh

http://www.topnews.in/files/Michael-Schumacher222.jpg

who broke his nose?

10 million dollars can fit into a backpack???

that guy is a true fucking baller

It's not gambling in the normal sense of starting small and trying to win big it's just spending time doing something you enjoy doing - expensively.

Dumb fuck. Why not invest instead of gambling it all away? That's ALOT of loot.

weird how some of you are calling him a dumb fuck/ idiot. he's the one worth 5 billion, gambling 100+ million of someone else's money.