His capacity to absorb the $2.5-billion-plus acquisition has been strengthened by the surge in the share price of Packer's listed media group Publishing and Broadcasting, now capitalised at $3.3 billion. Most of the speculation about Packer now is centred on John Fairfax Holdings, publisher of the Sydney Morning Herald and The Age newspapers and parent company of BRW Media. His shares in listed companies have surged in value, the Australian Rugby League is holding its own against Rupert Murdoch's Super League and Australia's richest man had within his grasp the coveted contract to manage the Sydney Harbor Casino when he abandoned the deal to concentrate on even bigger prizes. Almost the same could be said of Packer's run of wins in more conventional businesses during the past year. It is as close to a statistical impossibility as you can get. In just 20 minutes at the Mirage casino in Las Vegas earlier this year, Kerry Packer won 20 consecutive hands of baccarat at $250,000 a throw. Even the most seasoned gamblers were stunned. Many were cautionary tales of what happens when you gamble excessively with huge sums of money.Sydney.
Kerry packer 52 million win free#
And for this, they were rewarded with special perks such as lavish apartments and places to stay, free food, exquisite drinks, access to parties, and access to exclusive high-stakes gambling tables. However, over time, he lost all his winnings, and it’s said that he was even caught cheating, which led to bans in the Vegas casinos.Īs you can see, the biggest whales of gambling had no qualms whatsoever about spending outrageously huge sums of money for gambling. And he succeeded in this – winning no less than $40 million by playing high-stakes poker. It all started well – he came as an immigrant from Greece to the United States of America, with no more than $50 in his pocket, ready to take on the American Dream. This whale of gambling also serves as a cautionary tale. He spent most of his last years gambling away the remaining savings.
As such a big patron, he received a reward from Wynn Las Vegas with a private villa, no less. He spent huge sums of money in the Vegas casinos, sometimes losing millions.
So, there was never really a shortage of money by his side. If you wondered how he got his money to gamble, he was an oil tycoon. Once he lost all that money, the casinos came to collect unpaid debts, and the disputes were settled out of the courts.Īlso known as Tiger Mike, this is one of the biggest whales in gambling history. He was known for the incredible zest with which he was gambling – he was known to take no pause for more than 24 hours at a time, even gambling while sleepwalking, and drinking all the time. Reportedly, he lost an incredible $127 million gambling in a high stakes casino, all in the course of the year 2007. However, if you believe that he had got it set – then think again. Terrance Watanabe was an affluent American businessman. Also, he had a big suite to lounge in – as well as a special brand of rare vodka that he could drink to his heart’s content. Terrance Watanabe had an incredibly high casino limit of no less than $17 million to play with. This is where the special perks for the whales come into play. Imagine winning $20 million in 40 minutes and you will immediately understand why Kerry Packer was one of the biggest whales of the gambling industry in his prime.
Certain witnesses claim that everything happened in 40 minutes. One night, he busted up the MGM Grand in Vegas for more than $20 million. He was a media mogul hailing from Australia. In fact, he was so over-abundantly active that he was nicknamed the Prince of Whales. This person was very active in the gambling community during the nineteen nineties. Here’s our list of the most popular whales to ever grace a casino. The whales are capable of spending tens of millions of dollars in a casino for a few days. Note that this term encompasses people different from regular high-rollers. These people are known as the whales of the gambling industry. While most people have a strict limit to how much they can spend when gambling (regardless of whether it’s self-imposed), a certain distinctive minority of gamblers go over the top in their gambling endeavors.
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