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Terrance Watanabe lost $112 million in Vegas.

14 Nov

Nebraska philanthropist Terrance K. Watanabe pleaded not guilty Wednesday to felony charges of theft and passing bad checks in connection with $14.7 million in gambling debts.

In 2007, he lost $112 million at Harrah’s casinos, including $94.1 million at Caesars Palace and $12.2 million at the Rio, Chesnoff has said. With the exception of the $14.7 million in dispute, all of that money was paid back to the casinos through wire transfers, Chesnoff said.

via Man with $14.7 million in gambling debts pleads not guilty

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Posted by on November 14, 2010 in info, money

 

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