Dana White, UFC CEO, may be facing a mountain of gambling debt.
White leads one of the world’s most profitable sports organizations, yet he is equally famous for high-stakes gambling. He has won millions in Las Vegas casinos over the years.
Legendary Wins and High-Stakes Risks
In July, White once again drew attention by walking away with $1.2 million at Fontainebleau the night before UFC 317. His repeated big wins have reportedly caused some casinos to ask him not to return.
Reports indicate the 56-year-old tycoon has pocketed as much as $7 million in a single night. He has joked about waking up from a blackout with a $3 million debt. For White, gifting $1,000 chips or handling millions at the table feels like everyday business.
Alleged $25 Million Debt at Red Rock
Casino.org reports that White may owe over $25 million at Red Rock Casino Resort in Summerlin, Nevada. The debt reportedly comes from huge credit lines extended for his baccarat sessions.
Despite the massive amount, White may not feel urgent pressure to pay. Red Rock Casino is run by his longtime ally and former UFC owner, Frank Fertitta.
“Though not confirmed, the UFC boss owes the Las Vegas-based casino operator as much as $50 million for credit extended to him for high-limit baccarat and blackjack,” the report stated.
