Dana White Stops Doing Business With The Palms Casino Following 50% Reduction In His Gambling Credit | UFC NEWS

October 29, 2012 2:00 pm by Lynn R Mitchell

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

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