Biggest Loser? Gambler Dropped $127M in a Year

A Nebraska businessman who lost nearly $127 million in a yearlong, Las Vegas gambling binge has accused two Las Vegas casinos of plying him with generous amounts of alcohol and prescription drugs to keep the cash flowing. Terrance Watanabe said he bet more than $825 million and lost nearly $127 million of it in Caesars Palace and the Rio casinos in 2007, believed to be the biggest losing streak in Vegas history. "It's a tragedy, Mr. Watanabe's a tragedy," his lawyer, Pierce O'Donnell, told...Full Story
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