Terry Watanabe on Gambling Away $350 Million Fortune
November 14, 2025
39 min
Full
636 of 903
November 14, 2025
Terry Watanabe on Gambling Away $350 Million Fortune
0:00 / 39:42
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
Trap More Ross Episodes Around November 14, 2025
Episode 636 of 903 — walk the feed in the order it was published.
39:42This episodeTerry Watanabe on Gambling Away $350 Million Fortune
Summary
Terry Watanabe, who inherited his father's import business, Oriental Trading Company, and expanded it to $300 million in revenue by 2000, lost his entire $350 million fortune to gambling addiction. He started gambling in his 20s and escalated to losing $120 million in a year at Caesar's Palace, contributing significantly to their revenue. Watanabe's excessive gambling led to a $15 million credit from Harrah's, which he lost, resulting in criminal charges. He faced multiple rehabs and legal battles, eventually settling out of court. Watanabe now lives on Social Security and plans to write a book and documentary about his experiences.
Episode details and artwork are published by the show’s own feed. Sentinel plays short cited excerpts and links every episode back to its publisher.