Terrance Watanabe
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Terrance Watanabe
Terrance Watanabe (born 1957) is an American businessman and high roller who inherited Oriental Trading Company, a direct merchant of value-priced party supplies, arts and crafts, toys and novelties and school supplies founded by his father Harry Watanabe. Terrance was known for the large amounts of money he wagered at Las Vegas casinos. Business background In 1977, Terrance Watanabe became president and part owner of Oriental Trading Company shifting the focus from carnivals to supplying party goods for churches, schools, retailers, and individuals. In 2000, Watanabe sold his entire stake in the company to Los Angeles-based private equity firm Brentwood Associates, and resigned as CEO and President. He became a philanthropist, but subsequently lost most of his fortune gambling in Las Vegas. Gambling habits After selling his company, Watanabe became known for his lavish gambling habits. In 2007, he was reported to have lost $127 million at Caesar's Palace and The Rio in La ...
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High Roller
A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish " comps" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting, offer rebates on betting turnover or losses, and salaries of employees may also contain incentive arrangements to bring in high rollers. The definition of a high roller varies. At Crown Casino in Australia, for example, it involves bringing between AUD$50,000 and $75,000 to the table. High roller players often have very high table limits allowing the high roller exclusive use. Casinos compete on bet limits. In Australia limits of AUD$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only richer casinos can accommodate high-stakes gambling due to the volatili ...
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Caesars Entertainment Corporation
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands. In 2013, it was the fourth-largest gaming company in the world, with annual revenues of $8.6 billion. It was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment. At the end of its existence, Caesars was a public company, majority-owned by a group of private equity firms led by Apollo Global Management, TPG Capital, and Paulson & Co.; and Carl Icahn. Caesars's largest operating unit filed for Chapter 11 bankruptcy protection in 2015, which led to the foundation of Vici Properties as a result. History William F. Harrah era (1937–1978) The company's background can be traced to October 29, 1937, when Bill Harrah opened a small bingo parlor in Reno, Nevada, a p ...
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American People Of Japanese Descent
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1962 Births
Year 196 ( CXCVI) was a leap year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 '' Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the '' Jian'an era of the Chinese Han Dynasty. * Emperor Xian ...
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The Rolling Stones
The Rolling Stones are an English rock band formed in London in 1962. Active for six decades, they are one of the most popular and enduring bands of the rock era. In the early 1960s, the Rolling Stones pioneered the gritty, rhythmically driven sound that came to define hard rock. Their first stable line-up consisted of vocalist Mick Jagger, multi-instrumentalist Brian Jones, guitarist Keith Richards, bassist Bill Wyman, and drummer Charlie Watts. During their formative years, Jones was the primary leader: he assembled the band, named it, and drove their sound and image. After Andrew Loog Oldham became the group's manager in 1963, he encouraged them to write their own songs. Jagger and Richards became the primary creative force behind the band, alienating Jones, who had developed a drug addiction that interfered with his ability to contribute meaningfully. Rooted in blues and early rock and roll, the Rolling Stones started out playing covers and were at the forefront ...
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Caesars Rewards
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020. History The company traces its history back to the development of the Eldorado Hotel in Reno, which was opened on May 24, 1973, by a group of investors that included Don Carano and other members of the Carano family. On July 28, 1995, the Eldorado opened the adjacent Silver Legacy Resort Casino in partnership with Circus Circus Enterprises. The Eldorado companies were reorganized in 1996 as Eldorado Resorts LLC in connection with a $100-million bond offering. In 2005, the company took over the bankrupt Hollywood Casino Shreveport in Louisiana, buying a 76 percent stake in the property for $154 million. It was then rebranded as the Eldorado Casino Shreveport. In ...
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New Jersey Casino Control Commission
The Casino Control Commission is a New Jersey state governmental agency that was founded in 1977 as the state's Gaming Control Board, responsible under the Casino Control Act for licensing casinos in Atlantic City. The commission also issues licenses for casino key employees and hears appeals from decisions of the New Jersey Division of Gaming Enforcement. The commission is headquartered in the Arcade Building at Tennessee Avenue and Boardwalk in Atlantic City. On November 15, 2010, State Senators James Whelan (D-2nd) and Raymond Lesniak (D-20th) introduced Senate Bill S12 to change the New Jersey Casino Control Act and deregulate the Atlantic City casino industry to improve competitiveness with casinos in other states. The bill would also transfer day-to-day regulatory functions from the Casino Control Commission to the Division of Gaming Enforcement. After hearings in both houses of the Legislature, the bill was approved on January 10, 2011, and signed into law by Governor Chr ...
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Wynn Las Vegas
Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by Wynn Resorts, and was built on the former site of the Desert Inn resort, which opened in 1950. Casino developer Steve Wynn purchased and closed the Desert Inn during 2000, with plans to build a new resort on the site. The design phase lasted two and a half years, and construction began on October 31, 2002, with Marnell Corrao Associates as general contractor. At a cost of $2.7 billion, Wynn Las Vegas was the most expensive resort ever built, beating out Wynn's $1.6 billion Bellagio, which opened on the Strip in 1998. Wynn Las Vegas opened on April 28, 2005, with 2,716 rooms and a casino. At the time, its 45-story hotel tower was the tallest building in Nevada. A sister property, Encore Las Vegas, was opened by Wynn Resorts in December 2008. Located directly north of the resort, Encore added a second hotel t ...
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Oriental Trading Company
Oriental Trading Company is a direct merchant of value-priced party supplies, arts and crafts, toys, novelties, and school supplies. It was founded in 1932 as one of the United States' first wholesaling companies. Oriental Trading has been recognized as one of the top 100 Internet retailers and one of the top 50 catalog companies. It is based in Omaha, Nebraska, and is owned by Berkshire Hathaway. Alternative known names for Oriental Trading Company include "Oriental Trading" & "OTC". History The company was founded as a gift shop in 1932 in Omaha, Nebraska by Harry Watanabe. The company expanded to 17 shops in the Midwest. During World War II, with restrictions against imports from Japan, the company shrank back to its Omaha base. Watanabe then bought a ceramic shop which made Kewpie dolls and other ceramic items. In 1954 it resumed its imports from Japan and was a major carnival supplier and in 1956 it launched its first catalog. In 1977 Watanabe's son Terrance Watanabe bec ...
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The Rio
The Rio is a hotel and casino near the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Dreamscape Companies LLC and operated by Caesars Entertainment. It includes a casino and 2,520 suites. It features a Brazilian theme based on Rio Carnival. The Rio opened on January 15, 1990, with a casino and 424 suites. It was the first all-suite hotel in the Las Vegas Valley. It was owned by Anthony Marnell and built by Marnell Corrao Associates. The property struggled during its first two years because of its off-Strip location, but it would eventually thrive. The Rio's success prompted a number of hotel expansions in the 1990s. The hotel includes the three-wing Ipanema Tower, which stands at 20 stories. A 1997 renovation added Masquerade Village, a two-story retail and restaurant complex which also featured the ''Masquerade Show in the Sky''. The 41-story Masquerade Tower was added as well. In 1999, Marnell sold the Rio to Harrah's Entertainment for $766 million. Th ...
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Caesar's Palace
Caesars Palace is a luxury hotel and casino in Paradise, Nevada, Paradise, Nevada, United States. The hotel is situated on the west side of the Las Vegas Strip between Bellagio (resort), Bellagio and The Mirage. It is one of Las Vegas's largest and best known landmarks. Caesars Palace was founded in 1966 by Jay Sarno and Stanley Mallin, who sought to create an opulent facility that gave guests a sense of life during the Roman Empire. It contains many statues, columns and iconography typical of Hollywood Roman period productions including a statue of Augustus Caesar near the entrance. Caesars Palace is now owned by Vici Properties and operated by Eldorado Resorts, Caesars Entertainment. As of July 2016, the hotel has 3,960 rooms and suites in six towers and a convention facility of over . The hotel has a large range of restaurants. Among them are several which serve authentic Chinese cuisine to cater to wealthy East Asian gamblers. From the outset, Caesars Palace has been orien ...
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