kerry packer gambling
- Gambling Style: High stakes
- Gambling Locations:
- Las Vegas
- Gambling Opponents:
- Texan oil magnate
- Gambling Quotes:
- ‘Betting is like a disease, which is not understood by those who do not have it,’
- Financial Management:
- Handling Loss: Quiet, not acting like a maniac, settling up markers after a couple of days
- Desirability: Very desirable gambler
- Requests:
- Nice rooms
- On-call masseuse
- Monstrously high limits
- Vacant table for gambling
- Initial Betting Range: $500
- Peak Betting: $300,000 per hand at baccarat
- Blackjack Betting: $50,000 per spot, per hand
Impact on Cricket
- Person: Kerry Packer
- Occupation: Media tycoon
- Birth: 17 December 1937
- Death: 26 December 2005
- Gambling Stories:
- Signed $1 million markers as if they were checks to Con Ed
- Clashed with a Texan oil magnate in Las Vegas
- Quote: ‘Betting is like a disease, which is not understood by those who do not have it’
Cultural Legacy
- Kerry Packer’s gambling habits and legacy
- Name: Kerry Packer
- Birth: 17 December 1937
- Death: 26 December 2005
- Profession: Media tycoon
- Gambling: High stakes gambler
- Quotes:
- Betting is like a disease, which is not understood by those who do not have it.
- Legacies:
- Considered one of Australia’s most powerful
- Larger-than-life gambler
- Mogul who signed $1 million markers as if they were checks to Con Ed
- Gambling stories:
- Clashed with a Texan oil magnate in Las Vegas
- Betting millions on every visit to Las Vegas
- Cultural impact: Became a Las Vegas fixture
| Publication | Cigar Aficionado |
|---|---|
| Author | Michael Kaplan |
| Issue | Mar/Apr 2006 |
| Summary | Article highlights Kerry Packer’s gambling exploits and his impact on the casino world. |
Quotations and Insights
- Kerry Packer’s gambling habits and anecdotes
- Person: Kerry Packer
- Occupation: Media tycoon
- Birth: 17 December 1937
- Death: 26 December 2005
- Quote: Betting is like a disease, which is not understood by those who do not have it
- Gambling stories:
- Played £15 million across four different roulette tables
- Racked up $25 million across seven blackjack tables in 40 minutes
- Smashed open a locked baccarat table with a crystal ashtray
- Lost £19 million in a single card game session at The Ritz in London
- Generosity:
- Dropped $1 million on the MGM staff after winning $20 million
- Paid the six-figure mortgages of two cocktail waitresses
- Other stories:
- Clashed with a Texan oil magnate in Las Vegas
- Requested the firing of a croupier and handed her $800,000 in chips
- Kerry Packer’s notable billionaire antics
- Person: Kerry Packer
- Antics:
- Betting is like a disease, which is not understood by those who do not have it
- Playing £15 million across four different roulette tables
- Racking up $25 million across seven blackjack tables in 40 minutes
- Smashing open a locked baccarat table with a crystal ashtray
- Losing £19 million in a single card game session at The Ritz in London
- Kerry Packer’s life and legacy
- Person: Kerry Packer
- Occupation: Media tycoon
- Birth: 17 December 1937
- Death: 26 December 2005
- Quote: Betting is like a disease, which is not understood by those who do not have it
- Legacy:
- Considered one of Australia’s most powerful media tycoons
- Known for his high roller and big gambler reputation