Carl Thomas: The Whale Who Lost $200 Million in One Night — And Came Back for More
They called him the whale. Not because of his size, but because of his appetite. Carl Thomas walked into casinos with credit lines that could buy small countries, and he played baccarat the way most people play slot machines—carelessly, recklessly, and with stakes that could fund a hospital. On one single night in Atlantic City, he lost two hundred million dollars. Two hundred million. And when the sun came up, he asked for more credit. This is the story of the biggest gambler Las Vegas and Atlantic City ever courted, and how his addiction nearly destroyed the casinos that enabled it.
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