Caesars CEO Gary Loveman, the man who was paid $40 million in one year for encouraging millions of Americans to lose their money during this severe financial crisis, does not gamble. As Wall Street Journal Christina Binkley reported in her book “Winner Takes All” (Pg. 177):

“There was a fundamental disconnect between Loveman and his customers. The professor believed that people were gambling for recreation, so he didn’t expect them to feel so upset about losing their money. He believed gambling was games. Loveman isn’t a gambler and has never been a gambler. He can analyze customers’ behavior but he doesn’t get them deep in his belly.”