Steve Wynn may be an old pervert, but he has known to be a stand-up guy in other aspects of his business.

A story I like to tell on radio is the one of Terrence Watanabe, a compulsive gambling whale who shot off his entire Oriental Trading Company family fortune in Vegas.

Watanabe was a dream come true for a casino. He was a compulsive gambler who didn't even fully understand the games he played. He often made mind-bogglingly stupid decisions at blackjack, yet bet at a stunningly high level.

He shot off some big money at the Wynn, and word about him got to Steve Wynn himself.

Steve called him in for a meeting, and asked him about his gambling habits. When the conversation was over, Steve told him, "You have a compulsive gambling problem. I can't allow you to gamble at my casino anymore", and 86ed him.

Watanabe then took his action over to Caesars, who of course was thrilled to have him. They plied him with alcohol and pills, created a special "Chairman" tier level which was above Seven Stars (of which Watanabe was the only member), and basically kissed his ass left and right.

He chunked off $60 million, and then lost even more on credit.

Caesars sued him for not being able to pay his markers, and he sued Caesars back for violating gaming laws by repeatedly serving him drinks when he was clearly smashed, as well as getting him illegal drugs.

At the end, both sides realized they had done some wrong, so both suits were dropped, and while he didn't have to pay anything back to Caesars, he was also broke.

That $60 million could have gone to Steve Wynn, but he refused the business because he didn't feel it was right to take it from an extreme compulsive gambler.

I had more respect for Wynn after hearing that story.

Pretty soon most men in positions of power are going to be terrified to even have consensual sex or dating relationships with anyone working for them. Most of these stories we're hearing took place prior to the Weinstein scandal, and these guys basically thought they could do anything and get away with it. Now the chickens are coming home to roost.