Gambler Loses Island in Bizarre Bet

Gambler Loses Island in Bizarre Bet

Las Vegas, NV - In a bizarre wager, a gambler has lost his private island in the Caribbean to a rival casino.

The unidentified gambler was apparently so confident of his victory that he put up his entire estate - including the island - as collateral. But when he lost, the casino owner simply took ownership of the property.

According to witnesses, the stunned gambler could only watch as his house, cars, and even the island were carted away.

The casino has not released any further details about the wager or the winner.

Casino Owner Loses Private Island in high-stakes Gambling Game

A high-stakes gambling game between two billionaires ended in disaster for casino owner James Packer. The Australian businessman has reportedly lost his private island to Syrian-Lebanese businessman, Rafic Hariri.

The game, said to be worth $250 million, took place in the south of France and saw the two men wager their respective empires on a single hand of poker. According to reports, Hariri managed to win the game, taking Packer's island as well as his casino business in Las Vegas.

Packer is said to have been left with little choice but to walk away from the table empty-handed. The loss is a major blow for the casino mogul who is currently facing several financial challenges.

In recent months, Packer has been forced to sell off several of his assets, including his stake in media company Consolidated Media Holdings and shares in gaming company Crown Resorts. The millionaire has also been battling allegations of sexual assault made by an ex-girlfriend.

For Hariri, the win is a major coup and could see him become one of the richest men in the world. The Lebanese businessman is already thought to be worth around $9 billion thanks to his construction and telecoms empire.

Casino Owner Loses Private Island in High-Stakes Gambling Game

A high-stakes gambling game between two billionaires ended in disaster for casino owner James Packer. The Australian businessman has reportedly lost his private island to Syrian-Lebanese businessman, Rafic Hariri.

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