Editing Kerry Packer (section)

===Gambling===
Packer was a long-time heavy smoker and an avid gambler, fabled for his large wins and losses.<ref>{{Cite web|last=Club|first=Melbourne Press|title=Kerry Packer|url=https://halloffame.melbournepressclub.com/article/kerry-packer|access-date=2021-08-14|website=MPC - Hall Of Fame|language=en}}</ref> In 1999, a three-day losing streak at London casinos cost him almost A$28&nbsp;million – the biggest reported gambling loss in British history.<ref>{{Cite web|title=Gambler Packer loses £13m in 3 days|url=https://www.telegraph.co.uk/news/worldnews/asia/1368368/Gambler-Packer-loses-13m-in-3-days.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/news/worldnews/asia/1368368/Gambler-Packer-loses-13m-in-3-days.html |archive-date=12 January 2022 |url-access=subscription |url-status=live|access-date=14 August 2021|website=www.telegraph.co.uk|date=31 August 2000 }}{{cbignore}}</ref>

Once he won A$33&nbsp;million at the [[MGM Grand Las Vegas|MGM Grand Casino]] in [[Las Vegas Strip|Las Vegas]], and he often won as much as A$7&nbsp;million each year during his annual holidays in the UK.<ref>{{Cite web|date=27 December 2005|title=Packer's gambling feats: fact or fiction?|url=https://www.smh.com.au/business/packers-gambling-feats-fact-or-fiction-20051228-gdmozo.html|access-date=2021-08-14|website=The Sydney Morning Herald|language=en}}</ref> Packer's visits were a risky affair for the casinos, as his wins and losses could make quite a difference to the finances of even bigger casinos. Packer was also known for his sometimes volcanic temper—and for his perennial contempt for journalists who sought to question his activities.<ref>{{Cite web|date=2006-11-30|title=How Packer slipped on Fairfax|url=https://www.theage.com.au/business/how-packer-slipped-on-fairfax-20061130-ge3oqq.html|first=Rodney|last=Tiffen|access-date=14 August 2021|website=The Age|language=en}}</ref>

Packer is quoted for an exchange in a poker tournament at the [[The Strat (Las Vegas)|Stratosphere Casino]], where a [[Texas|Texan]] oil investor was attempting to engage him in a game of poker.<ref>{{Cite web|date=28 January 2021|title=Biggest Win in Blackjack ($40 millions!) GamblingBaba|url=https://gamblingbaba.com/news/biggest-blackjack-win-in-known-history/|access-date=14 August 2021|website=GamblingBaba|language=en-US}}</ref> Upon the Texan saying "I'm worth $60 million!", Packer apparently pulled out a coin and asked nonchalantly, "heads or tails?", referring to an A$120&nbsp;million wager (according to [[Bob Stupak]]'s biography). Some variations of the story put the sum at A$60&nbsp;million to A$100&nbsp;million and say the line was "I'll toss you for it".<ref>{{Cite web|date=2006-01-12|title=Kerry Packer, the Texan, the toss and the truth|url=https://www.crikey.com.au/2006/01/12/kerry-packer-the-texan-the-toss-and-the-truth/|access-date=2021-08-14|website=Crikey|language=en-US|archive-date=14 August 2021|archive-url=https://web.archive.org/web/20210814022037/https://www.crikey.com.au/2006/01/12/kerry-packer-the-texan-the-toss-and-the-truth/|url-status=dead}}</ref>

In the late 1990s, he walked into a major London casino and played £15&nbsp;million on four roulette tables on his own and lost it all. This has been confirmed by casino owners in South East England.<ref>{{Cite web|last=Λολα|title=The unbelievable life of Kerry Packer|url=http://www.gambling-stories.com/2015/02/biography-kerry-packer.html|access-date=2021-08-14}}</ref>

Former PGA professional [[John Daly (golfer)|John Daly]] said on the ''[[Nelk#Full Send Podcast|Full Send Podcast]]'' that Packer closed down the [[Desert Inn|Desert Inn Casino]] (which was replaced by the [[Wynn Las Vegas|Wynn Hotel]]) by winning 52 million dollars in one day and insisting they pay him in cash, as the previous day when he lost 8.2 million dollars they insisted he pay them in cash.<ref>{{Cite AV media |url=https://www.facebook.com/fullsendpod/videos/1148110102502220/ |title=He Won 52 MILLION At The Casino {{!}} He Won 52 MILLION At The Casino 😱 {{!}} By Full Send PodcastFacebook |language=en |access-date=2024-08-30 |via=www.facebook.com}}</ref><ref>{{Cite AV media |url=https://www.youtube.com/watch?v=iHasdFfgBIs |title=IS KERRY PACKER KING OF THE DEGENS ?!?! 🎰🎰🎰#kerrypacker #johndaly #fyp #gambling |date=2023-04-03 |last=Lock Hub |access-date=2024-08-30 |via=YouTube}}</ref>

The [[The Ritz Hotel, London|Ritz Hotel]] in London even had its own room for Kerry Packer. There he was able to play blackjack with a minimum bet of £10,000 per hand. He once lost more than £19 million in this room.<ref>{{Cite web |last=Lu |first=Garry |date=2021-08-19 |title=The Outrageous Billionaire Antics Of Kerry Packer |url=https://www.bosshunting.com.au/hustle/billionaire-antics-kerry-packer-stories/ |access-date=2024-08-30 |website=Boss Hunting |language=en-US}}</ref><ref>{{Cite web |last=Λολα |title=The unbelievable life of Kerry Packer |url=http://www.gambling-stories.com/2015/02/biography-kerry-packer.html |access-date=2024-08-30}}</ref>