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you might have a gambling problem when you start taking loans from a casino
http://sportsillustrated.cnn.com/200....ap/index.html
Barkley owes $400,000 to casino
Story Highlights
Barkley will face criminal charges if he doesn't repay Wynn Las Vegas
Wynn Las Vegas alleges that Barkley hasn't repaid loans from October
LAS VEGAS (AP) -- Retired NBA star Charles Barkley will face criminal charges if he doesn't repay a $400,000 gambling debt to a Las Vegas casino, a prosecutor said Thursday.
"We're in the process of sending Mr. Barkley notice that we're considering filing a criminal complaint," Clark County District Attorney David Roger said. "He'll have an opportunity like anybody else to make res ution to the hotel."
The posh Wynn Las Vegas casino alleges in a civil complaint filed Wednesday in Nevada state court that Barkley failed to repay four $100,000 casino markers, or loans, he received last Oct. 18 and 19.
"To date, and despite repeated demands, Barkley has refused to repay the $400,000," the complaint said.
Barkley is a basketball analyst for Turner Network Television who has made no secret of his gambling over the years.
His agent in New York did not immediately respond to messages seeking comment, and a TNT spokeswoman in Atlanta declined comment.
Wynn Las Vegas spokeswoman Dorothy Land also declined comment, citing ongoing litigation.
Barkley, 45, played 16 seasons for the Philadelphia 76ers, Phoenix Suns and Houston Rockets. He was named MVP in 1993 and was an 11-time NBA All-Star. Barkley also played on the USA Olympic "Dream Team" in 1992 and 1996.
Barkley estimated during a May 2006 interview with ESPN that he'd gambled away about $10 million over the years.
"Do I have a gambling problem? Yeah, I do have a gambling problem," Barkley said. "But I don't consider it a problem because I can afford to gamble."
He said he never bet on basketball, and only bet in casinos. He called it a bad habit that he intended to continue.
you might have a gambling problem when you start taking loans from a casino
How does he NOT have that much money? Dude made that much in like 2 months with the NBA as a player.He couldn't have gambled it all away could he?
How much does he make at his TNT gig? gotta be enough to cover 400K.
here is the thing...you take the loan for 400k, double it up at the craps table, turning cash in hand to 800k...go give them the 400k back and you walk out with 400k of your own. It's that simple people. No money out of your own pocket!
Chuck needs to put this number in his fave 5 instead of Wade's:
Compulsive Gamblers Hotline ---> (1-800-332-0402)
That's what he gets for betting 400k on the Suns.
That's turrrible.
I bet Barkley makes 10 mil a year now. Easily. TNT, Commercials. speaking gigs, I bet if he was smart the Casino's would pay him to show up. Barkley is TNT basketball.
With the kind of gambling problem that Chuck has I doubt very much that he has $400K lying around.
Barkley made roughly $43,500,000 in his NBA career aka about $22,000,000 after taxes and agents cut. I'm sure he probably made another $10,000,000 or so in endorsements over the years, but still. For him to have admitted to gambling away $10,000,000 of his money and now this, I am sure he is running low by now. what an idiot.
http://www.basketball-reference.com/...barklch01.html
as long as Barkley can keep being "entertaining" he will be able to gamble
he probably made $$$$ with Fave 5 commercials
he must feel like a "knuklhed"
That's why I don't eat Shrimp.
Pay up Chuck!
At least he's got a handle on it..."Do I have a gambling problem? Yeah, I do have a gambling problem," Barkley said. "But I don't consider it a problem because I can afford to gamble."
In a radio interview with sports station WJOX in Birmingham, Ala., Barkley repeatedly blamed himself for letting the debt lapse.
He told radio interviewers and a reporter at the golf tournament that the debt stemmed from a wager on the 2008 Super Bowl. He did not explain why Wynn alleged the loans were made in October.
LMFAO
Just where do you think they get the $$$$$ to build those multibillion dollar casinos?
It's from people who try doing what you suggested.
Of course, not just anyone can walk in and get $400,000 in markers.
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