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Terrance Watanabe
Terrance Watanabe 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 is known for the successful expansion of his father’s business, and the large amounts of money he wagered at Las Vegas casinos. Business background When Watanabe became president and part owner of Oriental Trading Company in 1977, he shifted the company's focus from carnivals to supplying party goods for churches, schools, retailers, and individuals. In 2000, Watanabe sold his 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 After selling his company, Watanabe became known for his lavish gambling habits. In 2007, he was reported to have lost $127 million ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 a wholesaling company. 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 the company 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 became president and its focus shifted from carnivals to supplying party goods for churches, schools, retailers, and individuals. In 2000, Terra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Problem Gambling
Problem gambling, ludopathy, or ludomania is repetitive gambling behavior despite harm and negative consequences. Problem gambling may be diagnosed as a mental disorder according to DSM-5 if certain diagnostic criteria are met. Pathological gambling is a common disorder associated with social and family costs. The DSM-5 has re-classified the condition as an addictive disorder, with those affected exhibiting many similarities to those with substance addictions. The term ''gambling addiction'' has long been used in the recovery movement. Pathological gambling was long considered by the American Psychiatric Association to be an impulse-control disorder rather than an addiction. However, data suggests a closer relationship between pathological gambling and substance use disorders than exists between PG and obsessive–compulsive disorder, mainly because the behaviors in problem gambling and most primary substance use disorders (i.e., those not resulting from a desire to " sel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Businesspeople
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 that was previously known as Def American * American University, in Washington, D.C. Sports teams ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GoFundMe
GoFundMe is an American for-profit crowdfunding platform that allows people to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses. From 2010 to the beginning of 2024, over $30 billion has been raised on the platform, with contributions from over 150 million donors. History The company was founded in May 2010 by Brad Damphousse and Andrew Ballester. Both had previously founded Paygr, a website dedicated to allowing members to sell their services to the public. Damphousse and Ballester created the website under the name "CreateAFund" in 2008 but changed the name to GoFundMe after making numerous upgrades. The site was built off of PayPal's API. GoFundMe was founded in San Diego, California. In March 2017, GoFundMe became the biggest crowdfunding platform, responsible for raising over $3 billion since its debut in 2010. The company receives over $140 million in donations per month an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Rolling Stones
The Rolling Stones are an English Rock music, rock band formed in London in 1962. Active for over six decades, they are one of the most popular, influential, and enduring bands of the Album era, rock era. In the early 1960s, the band pioneered the gritty, rhythmically driven sound that came to define hard rock. Their first stable line-up consisted of vocalist Mick Jagger, guitarist Keith Richards, multi-instrumentalist Brian Jones, bassist Bill Wyman, and drummer Charlie Watts. During their early years, Jones was the primary leader. Andrew Loog Oldham became their manager in 1963 and encouraged them to write their own songs. The Jagger–Richards, Jagger–Richards partnership soon became the band's primary songwriting and creative force. Rooted in blues and early rock and roll, the Rolling Stones started out playing Cover version, covers and were at the forefront of the British Invasion in 1964, becoming identified with the youthful counterculture of the 1960s. They then f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 1973–2000 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. 2000–2020 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Jim 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 Ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 gambling 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, N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 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 hot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 entice 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, and offer rebates on betting turnover or losses; and contracts 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
