The biggest gambler of all time
From a fortunate company owner to Las Vegas's biggest gambler. One person managed to do this. Harry Watanabe opened a gift shop, the Oriental Trading Company, in 1932. He managed to grow it into one of the biggest companies in its market. In 1977, his son, Terry Watanabe, inherited the company from his father. Later, in 2000, Terry sold his full share in the company to a private equity company. Terry received a huge fortune on this sale, which later sparked his drinking and gambling addiction. This resulted in astronomical losses at several Harrah's casinos in Vegas.