Willie Revillame on 'downward spiral of losses'?

Is former variety show host Willie Revillame on the brink of financial losses by the millions? What has been up with him in the past months or so?

Willie Revillame

There are rumors that the Revillame has been on a gambling spree and that he has been losing millions. Reports reveal that some of his properties, including a luxury car have been used just to pay for his gambling activities.

Willing Revillame on the other hand said, he is just enjoying himself. If he is losing millions, say P100, P200 or P300 million - it's his money after all.

In an interview sometime in December last year, Willie said:
Kung nagpapatalo ako sa casino ng P100, P200 or P300 million, pera ko naman na pinaghirapan yan. Naglilibang ako, nage-enjoy ako. Hindi ako nagpapatalo in the sense na talagang nagsusugal ka, minsan naglilibang ka sa sarili mo. You work so hard. And importante na hindi ko ninanakaw yung perang ginagamit ko
Right now, the former Wowowee host is  contemplating on how to come back to his old shining moments in the TV industry, said ph.celebrity.yahoo.com.

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