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Barkley In Gambling Debt $400K

Discussion in 'NBA Dish' started by shawn786, May 15, 2008.

  1. pgabriel

    pgabriel Educated Negro

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    so does anyone think he can't pay it now. I would assume he has $400,000. he's still making commercials. i don't know if he gets paid that much by tnt but i'm sure endorsement deals are a lot
     
  2. tinman

    tinman Contributing Member
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    i think he has to pay an extra $40k for late fees.
     
  3. Easy

    Easy Boban Only Fan
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    I know about gambling because I have dealt with gamblers and their families. And saying it's funny is like saying earthquake victims are funny.

    Yes, I am dead serious.
     
  4. tinman

    tinman Contributing Member
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    there are always extremes at everything you do. i imagine that 3.5 million visitors to vegas don't come back home piss broke and destroyed families.

    its like alcohol, do too much then its deadly.
     
  5. tinman

    tinman Contributing Member
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    1. the 'you know its funny part doesn't pertain to you'. its the idea that people who don't go to vegas know about it

    2. i was talking about the entire system, the city, who runs the joint.

    example, people who know vegas know that its not run by the mafia. the mafia couldn't handle the growth and plus they sold out to howard hughes and the corporations. corporate america owns las vegas.

    steve wynn is not a mobster, he just runs a tight ship. look at his stock price of his company.

    3. don't turn this into a d&d easy. its about people not knowing facts that bothers me, not this what is right and what is wrong d&d trash.
     
  6. tinman

    tinman Contributing Member
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    http://sports.espn.go.com/nba/news/story?id=3405045
    Prosecutor, casino: Barkley paid $400,000 debt, owes $40,000 more

    Associated Press

    Updated: May 21, 2008, 1:56 AM ET

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    Charles Barkley Has Paid His Gambling Debt

    LAS VEGAS -- Former NBA star Charles Barkley has retired his debt to a Las Vegas Strip casino that sued him after he failed to pay $400,000 in gambling loans.

    But the civil lawsuit remains open, and it's going to cost Sir Charles $40,000 more to get out of the legal doghouse.

    Barkley, a basketball analyst for Turner Network Television, said in a statement released Tuesday by TNT that he didn't know about the district attorney's $40,000 processing fee, but intends to pay it.

    "True to my word, I sent a $400,000 cashier's check overnight to Wynn Las Vegas, which they confirmed they received," Barkley said. "I was unaware of the additional 10 percent processing fee from the district attorney's office and will make restitution on that promptly."

    Jennifer Dunne, a spokeswoman for Wynn Las Vegas, said it received a check Tuesday afternoon from Barkley and sent it to the district attorney. The resort filed a civil complaint May 14 in Nevada state court alleging Barkley failed to repay four $100,000 casino markers, or loans, received last Oct. 18 and 19.

    "We've been paid in full," Dunne said. "The rest is the district attorney fee."

    Clark County District Attorney David Roger said the case will remain open, with Barkley facing possible criminal prosecution until he pays the fee.

    True to my word, I sent a $400,000 cashier's check overnight to Wynn Las Vegas, which they confirmed they received. I was unaware of the additional 10 percent processing fee from the district attorney's office and will make restitution on that promptly.

    --Charles Barkley

    "We've been in contact with his representative," Roger told The Associated Press. "We expect a check for $40,000 within the next few days."

    Barkley said during a pre-game show Monday that he was to blame for the outstanding gambling debt.

    "I screwed up and didn't pay them in a significant amount of time," Barkley said. "Could they have handled it differently? Yes. But it was my fault."

    The 45-year-old Barkley also said he would stop gambling, at least for a while.

    "For right now, the next year or two, I'm not going to gamble," he said. "Just because I can afford to lose money doesn't mean I should do it."

    Roger had promised to file felony theft or bad check charges if Barkley didn't pay the Wynn debt. A theft conviction could carry a penalty of one to 10 years in state prison. A felony bad check conviction could bring one to four years.

    Barkley played 16 NBA seasons for the Philadelphia 76ers, Phoenix Suns and Houston Rockets, and played on the USA Olympic "Dream Team" in 1992 and 1996. He was an 11-time NBA All-Star and was league MVP in 1993.

    He has talked openly about his gambling, estimating during a May 2006 interview with ESPN that he'd gambled away about $10 million over the years.

    Copyright 2008 by The Associated Press
     
  7. shawn786

    shawn786 Member

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    Tinman allways has ex-rockets players back, allways.

    Makes me wish I played for the rockets so he could have my back too :cool:
     
  8. Easy

    Easy Boban Only Fan
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    Cool. This is something I feel strongly about. I'll stop talking about it here.

    I don't go into the D&D precisely because they talk about things that easily jack up the emotions.
     
  9. tinman

    tinman Contributing Member
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    I total believe you and your experiences. its the other people who have other misconceptions, you know like people who have never been to Texas think we all ride horses and talk like Jeff Foxworthy. that's the only point i was trying to make.

    no tony soprano guy ever roughed me up at the blackjack tables.
     

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