This article contains seven unreal stories about casinos. The first story is about Harry Watanabe. Harry Watanabe founded a gift shop in 1932. This shop was called the Oriental Trading Company and Harry made it grow until it became one of the largest players in its market. His son became the CEO of the company in 1977 and later, in 2000, he decided to sold his entire stake in the company to a private equity firm. From this sale, Harry’s son amassed a huge fortune. Sadly enough, this huge fortune gave him a drinking problem and gambling problem which resulted in huge losses at various Harrah’s owned casinos.
All the sadness started in 2007 when Mr. Watanabe took a trip to Las Vegas. He enjoyed various comps and perks of being a high roller which cost him over 200 million dollar for an entire year. During that losing year, 6% of the total gambling revenue came from the son of Mr. Watanabe. He gambled so much that Harrah’s invented a complete new tier in their Total Rewards Program just for him. They called it Chairman. This game provided Mr. Watanabe various perks such as 12.500 dollar a month for airfare, free concert tickets and half a million in credit at the gift shops.
“This winner plays with his whole life on roulett table”
He ended up his pathetic gambling addiction by opening it up to his sister. She brought him back to Omaha and he entered a treatment facility for addiction. He never entered a casino since then. Eventually, Harrah’s had to file criminal charges against Mr.Wanatabe after he refused to repay all his losses. He agreed to pay 112 million dollar of it, but he says that Harrah’s irresponsibly fuelled his addiction by supplying him with alcohol and encourage his gambling habits. Reports indicate employees of Harrah’s let him gamble for over 24 hours non-stop betting at multiple tables. This report also indicates that managers routinely dismissed his obvious signs of intoxication while playing and did whatever they could to keep him at the casino.
At the end of the story, Mr Watanabe plead not guilty to the charges, filed his own civil suit against Harrah’s, and was scheduled to appear in court in 2010. However, a confidential agreement was met two weeks before the trial and all claims from both parties were dropped. Mr. Watanabe’s year long gambling run is the single biggest losing streak by an individual in the history of Las Vegas gambling history.
The second story is all about a man who gambled all he had on a single spin of roulette and won. In 2004, a British professional gambler Ashley Revell sold all his possessions, including his clothes, and gambled $135,300 on a SINGLE spin of a roulette wheel in the Plaza Hotel & Casino in Las Vegas, Nevada. Revell placed his bet on red. The ball ended up on 7 red, and Revell had doubled his money to $270,600. Revell used his winnings to set up his own online poker company called Poker UTD.
The third story is all about a grandma who had a 154-roll lucky streak. The chance of having a 154-roll lucky streak is 1 in 1.56 trillion, and on May 23 Patricia Demauro, a New Jersey grandmother, beat those odds at Atlantic City’s Borgata Hotel Casino and Spa. The streak lasted for four hours and 18 minutes, broke the world records for the longest craps roll and the most successive dice rolls without “sevening out.”
The 5,000 dollar that saved FedEx is the fourth crazy casino story. At the moment, FedEx looks like a highly successful company. This is true but the past hides something real interesting. The founder of FedEx once saved the company by taking its last 5,000 dollar and turn it into a 32,000 dollar by gambling in Las Vegas.
In 1971, Frederick W. Smith, founder and current CEO of the company, took his personal fortune of around $4 million and raised an additional $90 million to found a delivery company structured so that it could potentially deliver packages overnight to anywhere in the world. This is something that, at that time, had never been done. three years after the company began, Federal Express was on the verge of bankruptcy. They were losing over $1 million a month, with no one willing to give them any additional loans or any investors interested in contributing capital.
At its low point, all the company had was $5000 to its name, leaving FedEx more or less dead on the ground when they were not be able to fuel their planes the following Monday. Not to be dissuaded, instead of taking a flight home to Memphis, Smith took the $5000 and flew to Las Vegas and played Black Jack that weekend with the remaining company funds. By Monday, to the shock of other higher-ups in the company, FedEx had $32,000 in its bank account, which was just enough to cover the fuel for their planes and to continue operating a few days more. Today, FedEx is estimated to be worth $25-$35 billion, with Smith himself currently worth around $2 billion.
The fifth ridicoulous casino story is about a 8-year-old boy who won 500,000 dollar in an Online Poker Room. Allegedly, the eight year old boy is a computer genius who was first introduced to computers at the age of three. He started building webpages at four and by the age of six he was already interested in online poker. When he won half of a million dollars, Aashish was using his uncle’s account.
According to the information, the poker room ended up refusing to pay out the winnings considering the age of the boy. The Nanak family says the poker website knew about the real age of the boy because even the staff members called the boy the “littlepokerwizard.” The boy had even managed to win and collect smaller amounts of money on the same website and he got paid through a PayPal account that his uncle had set up for him. The poker website, which aims to remain anonymous, blocked his account. The boy’s family and the poker room ended up in a legal battle in front of a New Delhi court. The outcome has not been reported yet.
The sixth crazy casino story is all about a person who played for 155 straight hours of Poker for charity. Phil laak’s Guinness World Record attempt for continuous Poker play finally came to an end 115 hours after it began. Playing for the record and for the charitable organization Camp Sunshine, Laak originally intended to stay at the Bellagio poker room table for 80 hours. Almost a day and a half after hitting the 80-hour mark, the “Unabomber,” with his girlfriend Jennifer Tilly at his side, decided to cash in his chips.
Amazingly, Laak pulled off the poker marathon with absolutely no stimulants of any kind. He consumed no coffee, no caffeine, or anything illegal. He credits his fitness for this challenge to his nutritionist, who kept the “Unabomber” fed, healthy and alert throughout the challenge.
The last unreal casino story of this article is about a babysitter who won 2,4 million dollar on her first trip to Las Vegas. In 2008, Jessica Agbunag was in Las Vegas with her boyfriend and family in remembrance of her grandmother’s birthday. On that special day in 2008, she was in the casino and just inserted 16 dollar into a Mega-Jackpot machine from the California Hotel and Casino and she hit the big prize of 2,4 million dollar!