πŸ€‘ The Worst Sore Losers in Gambling History - 6 Biggest Casino Losses

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A Japanese property developer known as Akio Kashiwagi was regarded as the world's biggest gambler in From all the games he enjoyed baccarat the most.


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Here we have eleven of their stories describing the worst casino losses of all time​. He is furious that he lost all his big bets and his only win was his β€œsmall” bet.


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A Japanese property developer known as Akio Kashiwagi was regarded as the world's biggest gambler in From all the games he enjoyed baccarat the most.


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It's hard to know whether to label legendary casino gambler Archie Karas as a loser or a winner. He arrived in Vegas with $50 and turned it into over $40m with a.


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A Japanese property developer known as Akio Kashiwagi was regarded as the world's biggest gambler in From all the games he enjoyed baccarat the most.


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Mug punters: Aussies are world beaters at losing. Top 15 average gambling losses per adult ($US) in Australia.


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At the peak of his gambling, Kakavas lost $ million in just 5 hours back in May He was witnessed placing bets worth $, per hand.


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It's hard to know whether to label legendary casino gambler Archie Karas as a loser or a winner. He arrived in Vegas with $50 and turned it into over $40m with a.


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If you search the Internet for the biggest gambling losses in history, you will find the same old stories. Those of the snooker legend Jimmy White.


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Mug punters: Aussies are world beaters at losing. Top 15 average gambling losses per adult ($US) in Australia.


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Tim Costello, a spokesman for the Alliance for Gambling Reform, compares pro-gambling bodies to the National Rifle Association in the United States in their ability to sway politicians. State budgets are increasingly made up of revenues from the machines, and legalized gambling, including from pokies, accounted for 7. In Victoria, the heartland of Australian Rules Football, 90 percent of Australian Football League teams operate their own pokies, generating more than 93 million Australian dollars in revenue last year. In the run-up to the South Australian election, the Australian Hotels Association β€” which counts Australian Leisure and Hospitality as a member β€” donated to several opponents of Nick Xenophon, an independent whose new party, S. A study conducted by Dr. Critics say politicians are increasingly afraid to confront the growing influence of the gambling lobby. Anti-gambling candidates who ran in Tasmania and South Australia this year faced a barrage of negative advertising from pro-gambling bodies. It was the first election loss of Mr. The Rev. And they permeate small towns with a prominence that is unmatched around the world. Pro-gambling groups frequently refer to Mr. The groups have increasingly flexed their muscles in state elections. Rintoul said. In some parts of Australia, gamers can deposit 7, Australian dollars into a machine in one transaction, and can lose more than a thousand dollars per hour.

But the unremarkable machines contribute to an extraordinary level of gambling. Other community mainstays also operate machines. As those figures swell, a public big gambling losers is brewing between venue operators and big gambling losers against gambling, with each trying to win the hearts and minds of state governments that rely on revenue from the machines.

Rintoul described the casino-like methods used by venues to maximize revenue, including rewarding patrons with free food and drinks, and hiring part-time models as wait staff.

Costello said that with governments so dependent on gambling revenues, it may be difficult to pass tighter regulation of big gambling losers.

Rintoul comparing two regions outside Melbourne found that the less wealthy one had twice as many pokie machines, and more than three times the per capita losses. Home Page World U.

In February, Andrew Wilkie, an independent Australian politician, published leaked documents from two whistle-blowers at Australian Leisure and Hospitality showing that the company had been secretly collecting data on frequent gamblers, including their favorite sporting teams, their relationship statuses and when they had the most money to spend. The Australian Leisure and Hospitality Group declined to comment for this article or discuss whether it spent money on the Tasmanian and South Australian state elections. They also argue that tighter regulation of pokies would lead to huge job losses at the venues that operate them. A large Woolworths supermarket across the road keeps foot traffic in the area high. Xenophon and his party ultimately failed to win a single lower-house seat. One gaming floor at a venue in Sunshine, the region Dr. A few hours later, in Balaclava, a suburb on the opposite side of Melbourne, patrons filled the gaming room at an Australian Leisure and Hospitality Group venue open until 6 a. Pokies are regulated on a state-by-state basis, instead of by the federal government. Pangello added. The electronic gaming machines are similar to slot machines seen in casinos elsewhere. After positive early campaign polling, Mr. In a country that has confronted other powerful industries by mandating graphic warnings on cigarette packages and cracking down on guns , some wonder why gambling has escaped tougher regulation. In Australia, the pubs, clubs and hotels that house the machines usually resemble typical English pubs, replete with a bar and dining area but with the addition of a dedicated gaming room. Western Australia is the only state or territory that bans the operation of pokies outside casinos.