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.
In 2000, Watanabe sold his stake in the company to Los Angeles-based private equity firm Brentwood Associates and resigned as CEO and president.
Watanabe received "tickets to the Rolling Stones, $12,500 a month for airfare, and $500,000 in credit at the gift stores.
Harrah's also offered 15% cash back on table losses greater than $500,000, special high-limit games, and other incentives.