Quote from: pawanjain on Today at 01:04:02 PM

Quote from: Beparanf on May 12, 2024, 05:25:28 PM

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.

It would be controversial, depending on what country of jurisdiction was supposed to be applied on. Meeting a ceiling of maximum wager for high rollers would be translated to setting a ceiling to the earnings and profits of casinos. Time it would be more favourable in terms of morality for gamblers to be fully aware and not drunk while gambling, to make them understand the degree of the risks and the potential consequences on their lives.
Ironically, it would be like setting a ceiling on the amount of beers or the numbers of cigarettes people is supposed to consume, at least, in countries like the United States, those laws could be perceived as an direct attack on the basic rights of each citizens.

Though, I am not against increasing awareness on problem gambling.