Dana White Stops Doing Business With The Palms Casino Following 50% Reduction In His Gambling Credit | UFC NEWS
The Palms Casino Resort reduced UFC President, Dana White’s gambling credit line by 50 percent in turn White has pulled all future mixed martial arts (MMA) events from The Palms according to the Las Vegas Review.
White, is no stranger to “Sin City” gambling stories, denying reports back in 2010 that he allegedly owed the Bellagio hotel more than $1 million following an unsuccessful run at the casino tables. He is dubbed as one of the Palms’ biggest gamblers since it opened 11 years ago; White’s tipping habits were legendary.
“He changed people’s lives,” said one of the sources.
Dealers and wait staff were among the hardest hit by White’s departure. During one two-month hot streak, White tipped dealers more than $100,000, sources confirmed.
“Anytime he came in, we knew it was a big payday,” a Palms employee said.
A regular at N9NE Steakhouse, White routinely ran up dinner tabs of $15,000-$20,000 and tossed in $10,000 tips. That happened three or four or times a week, the sources said.
“He rarely accepted comps, not just at the Palms but all over Vegas,” one source said.
The UFC had an exclusive contract with the Palms to hold televised “Ultimate Fighter Live Finale” events at the hotel inside its “Pearl” theater as well as local UFC fights.
TUF 16 live finale, between head coaches Roy Nelson and Shane Carwin, will broadcast live from the Hard Rock Hotel & Casino on Dec. 15, 2012
Read More: MMA(news) UFC(News)
Related:
About the Author
Antonio Rodrigo Nogueira’s (34-8-1 MMA, 5-4 UFC) recent arm surgery was apparently a “big success”…
Earlier this week, it was rumoured that former Bellator middleweight champion Hector Lombard (32-4-1 MMA,…
In an interview with the Brazilian Portuguese language radio show “Pânico” former UFC heavyweight champion…
By JAKE CHASTAIN | Our boys Kinch and Chase Raymond recently invited Bellator welterweight and…
UFC Vice President of Regulatory Affairs, Marc Ratner, stated today that the UFC’s debut on…
Upstart promotion, AriseFC made its debut last Saturday from the Santa Clara Convention Center in…
Internet sensation Tommy Toe Hold joined BJPENN.COM’s Fist-Ta-Cuff Radio show this past Sunday, June 16,…
UFC heavyweight champion has something to prove at UFC 166 as he faces off against…
UFC on FOX 8 welterweights Jake Ellenberger and Rory MacDonald traded verbal jabs yesterday on…
At the Metamoris 2 event in Los Angeles, California UFC heavyweight fighter, Brendan Schaub failed…
Josh Burkman took revenge last Friday as he dispatched perennial UFC welterweight contender Jon Fitch…
UFC 161 took place last weekend from Winnipeg, Canada. In the main event Rashad Evans…
So is he in good standing or does he owe? Why’d they dis him?
Don’t shit where you eat.
This story makes no sense
so, while DW is tipping 10k to a waiter he is also paying some of his fighters 5k a fight…. hmmm
HE doesn’t pay anyone. Your gripe is with Zuffa.
+1 mate. for making tht dick look stupid
Dana is part-owner of Zuffa and runs the day to day operations of the U.F.C., which includes setting fighter salaries.
Dana is not part owner of Zuffa. Zuffa belongs to the Fertitta brothers. Dana is the president of the UFC. Pretty much the face of the brand. Ultimately, the money comes from the Fertitta’s. So again, DANA the man, is not responsible for what the fighters are being paid. Zuffa is.
Yes, Dana IS President of the UFC but ALSO co-owner of ZUFFA. Dana owns 9% of Zuffa… the Fertitta brothers40.5% each and Sheik Tahnoon of Abu Dhabi owns 10%
So then why should the guy who owns less than 10% of the company and the money flowing into the UFC pay the fighters more?
That’s crazy! Of course he has bad standings, a casino would never lower your credit if you don’t owe or you are not slow to pay.
What an egotistical douche! Talk about putting personal shit ahead of business interests…then again, that’s Dana’s M.O.
Dana is incredibly unprofessional, and, IMO, his personality is a black eye on the sport.
I heard he ate an orange while he peddled his twin pack over a six fourty, even the high stand flipped the overturn when it doubled in ! Just sayin
I have no idea what you just said. Something about Dana White being fat and drinking six 40ozs is all I gathered.
@Jon Yeah because it’s going to be incredibly hard to find ANYWHERE else in Las Vegas that won’t be BEGGING to host these fights. The hotel owners are idiots. They reap what they sow. You don’t diss someone who makes you millions of dollars.
Almost all of this article is copied and pasted from this article: http://www.lvrj.com/news/ufc-s-white-cuts-ties-to-the-palms-176221331.html
lol. Thanks for showing us the actual source. What a report jack. This is not right!
The funniest part about your comment is that you have already read this article and still come to bjpenn.com clicked on the same story just so you could find something wrong with it. Please get a life you ASSHOLE
Woah, relax. I clicked on the story to see if it had any different information. I don’t just go around looking for things to criticize. You should be pissed at the author for blatantly plagiarizing, not the person who points it out.
+1
Does anyone still even gamble at the Palms? The Maloofs ran this casino into the ground and don’t even own the casino anymore… Considering Dana lives in vegas was the Palms scared that Dana was going to skip town or not pay them back?
With the economy the way it is, thats bad business for The Palms to cut Dana White’s credit line in half. The guy spends good money. I dont blame Dana for pulling events. The Palms is going to regret doing that. Even if they apologize and extend credit line, Dana will refuse and take his money & events elsewhere…as would i.
Dana is a douche, that is all
Especially for those 10k tips
This is a nice write-up. I am about to spend more time researching this issue.