We just returned from a very fun weekend in Las Vegas, where we watched a friend compete in the Las Vegas Rock ‘n’ Roll marathon. Our friend was one of many lawyers in competition. He’s a prosecutor, but we also saw a public defender — her T-shirt said so — and possibly some lawyers from Morrison & Foerster (in “Run Like a MoFo” apparel). As discussed before in these pages, there’s something about marathon running that attracts attorneys.
Sadly, while in Sin City, we suffered some ill fortune at the craps tables. But things could have been worse — much worse. From an article in the Wall Street Journal:
During a year-long gambling binge at the Caesars Palace and Rio casinos in 2007, Terrance Watanabe managed to lose nearly $127 million.
The run is believed to be one of the biggest losing streaks by an individual in Las Vegas history. It devoured much of Mr. Watanabe’s personal fortune, he says, which he built up over more than two decades running his family’s party-favor import business in Omaha, Neb. It also benefitted the two casinos’ parent company, Harrah’s Entertainment Inc., which derived about 5.6% of its Las Vegas gambling revenue from Mr. Watanabe that year.
In a civil suit filed in Clark County District Court last month, Mr. Watanabe, 52 years old, says casino staff routinely plied him with liquor and pain medication as part of a systematic plan to keep him gambling.
More about the lawsuit, plus a fun fact about the article’s authorship, after the jump.