Tuesday, May 27, 2014

Gambling Debts KO Antonio Tarver


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TMZ is reporting that Antonio Tarver's recent arrest on outstanding warrants stem from a gambling binge back in 2012 that saw him blow through greater than $200,000 that he allegedly never bothered to repay.

Tarver is charged with fraud and theft of the Wynn Casino for a four-day gambling spree in 2012 that saw him take out a complete of $200,000 in markers from the casino -- borrowing $50,000, an extra $50,000, then a last loan of $100,000.

Apparently Tarver has a history of welching on similar debts, with reports that he borrowed $100K from MGM Grand in 2009 and only paid back $10,000 of it, with the same story on the Bellagio where he took out a $50K marker but only repaid $5,000 of that debt.

Tarver was a large boxing attract his heyday however the 45 year-old has struggled to search out fights in recent years, with only five fights over the last five years and most of them coming against lesser opponents in smaller arenas outside the intense lights of Las Vegas.

A failed drug test in 2012 didn't help Tarver's cause and he's spent more time lately as a commentator for Showtime Boxing in place of being within the ring.

The boom-or-bust world of boxing and its multi-million paydays for single fights has generated one of the most world's biggest gamblers within the past, with Floyd Mayweather one of the crucial notorious

Mayweather has won and lost mulitple bets of $1 million or more but he's still an enormous box drawing, raking in thousands and thousands of dollars for every fight and ready to afford to blow just a little cash on the tables or sportsbook.

Casinos face a tough task when seeking to collect on markers for some celebrity gamblers as they usually do not want to risk driving away future business from celebs who may be dragging their feet before finally paying up.

The Wynn have been the exception to the rule, however, because it has aggressively filed lawsuits on numerous occasions to assemble on unpaid debts, with essentially the most high profile example being taking "Girls Gone Wild" creator Joe Francis to court over a $2 million gambling debt he rang up on the casino.


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