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Terrance Watanabe Owes 15 Million in Gambling Debts

Nebraska high roller Terrance Watanabe (52) will experience tension and anxiety of a different kind this week when he appears in court on four criminal counts arising from his failure to honour 38 casino markers worth $14.75 million written between October 22 and December 11 in 2007. The markers were issued for amounts ranging from $200 000 to $875 000 at two Harrah's Entertainment Inc. properties in Las Vegas.
 
Watanabe is alleged to have signed the markers at Caesars Palace and the Rio All-Suites Hotel & Casino, and his lawyers will claim that he had intended to pay the markers, and is a man of character admired in his home state for his philanthropy and kindness.
 
In Nevada state law, casino markers carry the same obligations as bank cheques, and the authorities are additionally permitted to impose 10 percent recovery or collection costs from those who fail to meet their obligations.
 
Deputy Clark County District Attorney Bernie Zadrowski told media that Watanabe agreed before an arrest warrant was issued to appear before Las Vegas Justice of the Peace Bill Jansen this week. Watanabe will get a chance to post $1.5 million cash bail to remain out of jail pending a trial, Zadrowski said. No plea will be taken at his initial appearance.
 
Legal representatives for Watanabe said he will "absolutely" plead not guilty when his full trial commences. He could face probation or up to 16 years in prison if convicted of all charges.
 
Watanabe is the heir to the fortune of Harry Watanabe, founder of Oriental Trading Co. in Omaha, Nebraska who grew a small gift shop in 1932 to a large import wholesaler and direct marketer of toys, novelties and party supplies. Watanabe jnr sold the company in 2 000, subsequently developing a reputation as a generous benefactor to political campaigns and nonprofit organisations.
 
The case is one of the largest of its kind in Nevada, and will include a $1 475 050 claim by Clark County, representing a bad cheque processing and prosecution fee and a $50 surcharge.

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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