Gambler who lost $112 million sues casino!

Terry Watanabe, 52, says he lived and gambled "non-stop" at Caesars Palace for six months in 2007, spending a fortune on roulette and slot machines.

After an epic losing streak, he ran up gambling debts of around $15 million (£9 million) and was subsequently charged with theft, to which he has pleaded not guilty.

Mr Watanabe is countering the criminal charges with a civil suit in which he accuses Harrah's, the owners of Caesars Palace, of fraud, breach of contract, conspiracy and negligence.

He claims company executives manipulated him with a "secret intention" of siphoning off his wealth.

He has also filed a complaint with the Nevada Gaming Control Board and says he staked a total of more than $825 million (£495 million) in 2007 at Caesars Palace and the Rio casino, also owned by Harrah's The complaint says: "Mr Watanabe was an obvious gambling addict and Caesars and Harrah's senior management made a conscious decision to exploit his well-known addiction."

Mr Watanabe alleges that casino employees provided him with prescription painkillers that, combined with an endless flow of alcohol, "rendered him utterly intoxicated and unfit to gamble."

Telegraph