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Barkley says he'll pay $400K debt to Las Vegas casino

 

LAS VEGAS -- Charles Barkley acknowledged he owes a $400,000 gambling debt to a Las Vegas Strip casino and promised Thursday to repay it after a prosecutor said the retired NBA star faced criminal charges.

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"My mistake," Barkley said in an interview at a pro-am golf tournament in Hoover, Ala. "I'm not broke, and I'm going to take care of it."

Barkley was responding to comments by Clark County District Attorney David Roger, who said prosecutors would file a criminal complaint if he did not pay the debt cited by the Wynn Las Vegas resort.

"He'll have an opportunity like anybody else to make restitution to the hotel," Roger said.

The casino alleged in a civil complaint filed Wednesday in a Nevada state court and first reported by the Las Vegas Sun that Barkley failed to repay four $100,000 casino markers, or loans, received last Oct. 18 and 19.

"To date, and despite repeated demands, Barkley has refused to repay the $400,000," the complaint said.

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.

"I've been gambling 20 years. I've never had this happen before," the 45-year-old Barkley told WJOX. "It's my fault I let the time lapse. I screwed up."

Barkley, now a basketball analyst for Turner Network Television, denied any personal financial problems, and said the casino didn't call him before filing the complaint.

"All they had to do is call and say, 'Hey, you owe us this money,'" he said.

A Wynn Las Vegas spokeswoman did not immediately respond to Barkley's comments. A hotel official earlier declined comment on the court case, citing ongoing litigation.

Barkley could be granted up to six months to pay if he agrees to the standard district attorney's office restitution program, bad check unit chief Bernie Zadrowski said. Barkley would be responsible for the $400,000 plus a 10 percent program fee totaling $40,000.

Roger said that if the case remains unresolved, as many as four felony theft or four felony bad check charges could be filed. The possible penalty for each theft conviction is one to 10 years in state prison. A conviction on a felony bad check charge could carry a one- to four-year term.

Barkley played 16 NBA seasons for the Philadelphia 76ers, Phoenix Suns and Houston Rockets. He was named league 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 has made no secret of his gambling over the years. He 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, but said he intended to continue.

AP NEWS
The Associated Press News Service

Copyright 2007-2008, The Associated Press, All Rights Reserved
 
Talk Back
Reputation:97
Level:Superstar
Since:Apr 30, 2007

May 15, 2008 3:59 pm
Wish I had that kind of money to blow!!! 

Barkley deserves it I guess.  Anybody watch/ listen to the game via internet from NBA.com?  The guy does not know how to announce a game.  He sits there and makes comments that make absolutely no sense or he repeats what the other guy just said.

They guy is obviously an idiot.  He can't handle ann
...(more)
Reputation:95
Level:Superstar
Since:Feb 19, 2007

May 15, 2008 7:42 pm
Jeez, I wish I had his problems...
Reputation:97
Level:Superstar
Since:Dec 18, 2006

May 15, 2008 4:09 pm
Sure thing Sir Charles, all they have to do was call you and say "hey dude, you owe us $400,000" and you just going to wire them the money right? Guess it was the casino's fault for not reminding you that you owe them the money, ok dude, whatever.
Reputation:95
Level:Superstar
Since:Jun 7, 2007

May 15, 2008 10:30 pm
Charles is begging D-Wade for those cushy socks for his footsies.
Reputation:93
Level:All-Star
Since:Aug 7, 2007

May 16, 2008 12:23 pm

"All they had to do is call and say, 'Hey, you owe us this money,'" he said.

Are you kidding, Chuck? That may be the most outrageous thing I have ever had the astonishment to hear someone say. . no reasonable person would believe that court proceedings would precced several serious attempts to collect this.

I just lost alot of respect for Barkley. Not for the ...(more)

Reputation:93
Level:All-Star
Since:Aug 24, 2006

May 18, 2008 6:57 pm
Well, this is why I hate black people.
Reputation:95
Level:Superstar
Since:Jan 20, 2008

May 15, 2008 4:38 pm

it's sooo refreshing to have a big money sports star/ commentator finally have the guts to lash out at the system. these so-called casino operators can't even make a phone call? how the hell am i supposed to remember if i owe you 400k? it's ridiculous to think that after only six months, they bring in the authorities. after all, if your a big time star, you should never be held resp ...(more)

Reputation:81
Level:All-Star
Since:Sep 27, 2006

May 17, 2008 11:40 pm