After dealing with debt, Barkley says he's done gambling

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  • WonTooManyBets
    SBR Wise Guy
    • 04-02-08
    • 586

    #1
    After dealing with debt, Barkley says he's done gambling
    Charles Barkley said Monday 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."

    The Wynn Las Vegas resort alleged in a civil complaint filed Wednesday in a Nevada state court that Barkley failed to repay four $100,000 casino markers, or loans, received last Oct. 18 and 19. Clark County District Attorney David Roger said prosecutors would file a criminal complaint if Barkley did not pay the debt.

    Barkley thanked fans for being supportive and said the debt has been paid. He reiterated he had no financial woes.

    "I have no, no money problems whatsoever. Nobody's coming after me for money," he said. "I screwed up and didn't pay them. Could they have handled it differently? Yes. But it was my fault."

    Barkley 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. He always defended it by saying he had the money to lose, but said Monday it was time for a break. He added he would try to do it on his own without seeking help.

    "Just because I can afford to lose money doesn't mean I should do it," he said.
    Barreled in.
  • rake922
    SBR Posting Legend
    • 12-23-07
    • 11692

    #2
    I think he has less money than some people think...

    Taxes are a bitch, plus when the guy was in his prime he wasn't making Kevin Garnett money.
    Comment
    • topgame85
      SBR Posting Legend
      • 03-30-08
      • 12325

      #3
      yah I am sure hes not as well of as some think he is he lost 400k on the superbowl, doing those commercials is probably helping but he prob wouldn't do them if he didn't have to and I bet he bet the 400k on Pats ML to win 100k or whatever they were exactly so if hes scrounging for an extra 100k thats no bueno
      Comment
      • Kellen
        SBR MVP
        • 01-19-08
        • 3484

        #4
        T-Mobile is funding is gambling bankroll.
        Comment
        • InTheHole
          SBR Posting Legend
          • 04-28-08
          • 15243

          #5
          10 million is a lot, even for Barkley.
          Comment
          • topgame85
            SBR Posting Legend
            • 03-30-08
            • 12325

            #6
            He should of lent half that money to wesley snipes to pay his taxes so he would not get 5 years or whatever the hell they gave him in the federal pen
            Comment
            • topcat
              SBR MVP
              • 04-15-08
              • 1096

              #7
              him,and jordan have been best friends for a long time.they started betting together years ago.hell man when they go golfing they bet on that.charles,may say hes quitting,but he will never stop.
              Comment
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