Always amazed by this man, many people were deeply saddened when they learned of Kerry Packer's death in December of 2005. He won millions of dollars said to have totaled somewhere between 20 million and 40 million at Las Vegas' MGM over a period of several days which ultimately ruined the careers of several casino employees, executives in fact, who had used all of their influences to reel him in to become a player at the MGM casino. Ironically, after these executives reeled in the "whale" of a lifetime, they didn't want him but because of his powerful position as a media mogul, they couldn't do anything about it except tolerate him.

Kerry Packer was a media tycoon that had an estimated net worth of somewhere around 4.7 billion dollars. He was the wealthiest man in Australia making his money from media holdings including television and print media. He was involved heavily in gambling and tourism and had significant interest in Melbourne's Crown Casino.

Packer was a big polo player and keen on making large casino wagers. He was a heavy smoker and one who lived hard as so many gamblers do but he was different than the typical gambler. Kerry Packer lived hard, worked hard and played hard.

He was noted to be a big risk for any casino to have in their company because he won more than he lost which is one reason the casino executives of MGM were said to have lost their jobs upon bringing Packer through their doors. The risks of having him gamble at their tables held huge risks for the casinos especially since his games of choice were baccarat and blackjack.

One media outlet once reported that for a number of years, Packer had won seven million dollars each year in the London casinos yet the London casinos would ultimately be the casinos where Packer would suffer the largest loss and that occurred in 1999.One of the biggest losses Packer ever experienced occurred in 1999 when he visited London casinos and proceeded to lose 28 million dollars which was said to be the largest simultaneous loss in the history of the world of gaming.

Bob Stupak was said to have witnessed a rare moment of unusual circumstance when Kerry Packer once played in a casino and an arrogant Texas millionaire quoted his net worth in a drunken stupor. Claiming loudly over and over again that he was worth 60 million dollars, the Texas millionaire was challenged by Mr. Packer. He offered to "flip a coin" for the millionaire's 60 million just to shut him up. He must've worked and it's doubtful that the coin was tossed.

Kerry Packer died on December 26, 2005 at his home in Sydney, Australia. He will be greatly missed by all who knew him as the "true and largest gambler of this world" but more importantly, as the fine businessman that he was in many facets of the corporate world. Kerry Packer was only 68 years old.

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Fun Gambling on Internet

Free gaming site is the best for betting on Internet. Free gamble on Net is thrilling to play, and you can win fortune get cash rewards, bonus, and a big jackpot. Learn about gambling strategy, rules from experts and old hands.

Cyber Chatting

The chat rooms allow online chat for gamblers on Internet. Cyber chatting is an added attraction for online bingo players as it helps them develop new relationships. It again helps you by providing an interaction with a gaming expert. It is truly an exhilarating feeling to hit the jackpot in an online bingo game and have someone interesting from the chat room congratulate you on a great gaming fortune.