Charles Barkley Settles 400K Casino Debt
Sometime earlier this week, Barkley paid $400,000 to the Wynn hotel in Las Vegas. The resort filed a May 14 civil complaint in Nevada state court demanding Barkley to repay four $100,000 casino markers, or loans, received last Oct. 18 and 19.
Barkley also had to pay $40,000 for statutory and bad check processing fees.
Charles Barkley said Monday, May 19th that he will stop gambling, at least for now, less than a week after acknowledging he owed a $400,000 debt to a Las Vegas Strip casino.
“I like to go into Vegas, it’s a fun place, but you know what, I’ve got to stop gambling. That’s the bottom line,” Barkley said during TNT’s pregame show before Game 7 between San Antonio and New Orleans. “I am not going to gamble anymore. For right now, the next year or two, I’m not going to gamble.”
“I have no, no money problems whatsoever. Nobody’s coming after me for money,” he said. “I screwed up and didn’t pay them in a significant amount of time. Could they have handled it differently? Yes. But it was my fault.”
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