Dana White, the CEO of the UFC, may be staring at a towering pile of gambling debt.
White drives one of the most profitable sports organizations worldwide, but he also thrives on high-stakes gambling. He has made headlines in Las Vegas for winning millions in a single night.
A History of Big Wins and Bold Bets
In July, White proved once again why casinos keep a close eye on him. He walked away with $1.2 million at Fontainebleau the night before UFC 317. His winning streaks have grown so legendary that some casinos reportedly barred him after repeated losses.
Reports suggest the 56-year-old American mogul has earned up to $7 million in one night during his hottest streaks. He has even joked about waking up from a blackout with a $3 million debt. For White, handing out $1,000 chips to random fans or juggling millions at the table seems routine.
Millions Allegedly Owed at Red Rock Casino
A recent report from Casino.org claims White may owe over $25 million at Red Rock Casino Resort in Summerlin, Nevada. Sources say the debt stems from massive credit extended to fund his baccarat sessions.
Despite the staggering sum, White may not feel pressure to pay immediately. Red Rock Casino operates under 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.
