Post
Topic
Board Gambling discussion
Re: Losing all your fortune with just 3 years
by
pawanjain
on 12/07/2024, 13:04:02 UTC
I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.

The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.

The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.

He manage to wager a whooping 825M $ in just a single year when he lose that 127M.


Source: https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/

That was obviously due to removing all restrictions and allowing high rollers to play limitless.
Usually they keep a maximum limit so that users don't lose money out of their league.
If they would have implemented the same then the user wouldn't have lost in millions per day.