What Is the Most Money Ever Lost in a Casino?

In early 2020, the most money ever lost in a casino was $127 million by a single gambler in just three hours. The unidentified high roller was playing at the Bellagio in Las Vegas when they hit a losing streak that saw them lose $127 million.

This is believed to be the biggest loss ever suffered by a single gambler in a casino.

The high roller was playing at a private table with $500 chips, and was betting up to $25,000 per hand. They started their losing streak around 1am, and continued to lose for three hours straight.

By the time they had finished, they had lost a total of $127 million.

This is an astounding amount of money to lose in such a short period of time, and it is believed to be the biggest loss ever suffered by a single gambler in a casino. The previous record was held by Australian businessman Kerry Packer, who lost $33 million in one night at the MGM Grand in Las Vegas back in 2000.

It is not known what caused the high roller’s losing streak, but it is likely that they were simply unlucky. Gambling is a risky business, and even the most experienced gamblers can sometimes have a run of bad luck.

This story just goes to show that even if you have deep pockets, you can still lose big at the casino if you’re not careful. If you’re planning on gambling, always remember to set limits and stick to them.

That way, you can minimize your losses and walk away a winner no matter what happens.