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Fry’s Executive Addicted to Slot Machines and Tables

Omar Siddqui has been living the high life and no one realized exactly how high that life has been. Siddiqui won and lost millions of dollars at the slot machines and gambling tables in Vegas, and is now accused of $65 million in fraud to pay off his gambling debts. It would seem that he was playing a game he could not win – in the casinos and out.

Experts say that there is a certain type of person that becomes addicted to the slot machines and table games. They play and play with large amounts of money that they often don’t really have. They call it bravado – and the bartenders at the casinos in Vegas say that they see it every day.

Part of the problem was that Siddiqui was given a bottomless bankroll at the casinos, and spent it. Because of the large amounts of money that was lost through the casinos, supposedly to the tune of more than $120 million – the casinos pretty much gave him whatever he wanted. However, according to the feds, the ex-VP for Fry’s Electronics took the San Jose retailer out of more than $65 million.

Siddiqui was popular at all of the casinos – and their tables and slot machines. He spent millions at them and he was considered a “whale” or someone that was cash flush and they all bent over backwards to get him to spend his money at their casinos. He was not the highest roller, there are those that have more money than him to lose at the casinos, but the exception is that it is normally their money to lose.

 

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