Star Boxer Arrested Over Las Vegas Gambling DebtsAntonio Tarver Allegedly Stiffed Wynn Las Vegas On $200,000 |
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The state of Nevada is going after former world champion boxer Antonio Tarver for allegedly skipping town on gambling debts he racked up in Las Vegas.
The Las Vegas Review-Journal reported that Tarver was arrested in Florida last week after a traffic stop revealed the arrest warrant issued in Clark County, Nevada.
Tarver is accused of stiffing the Wynn Las Vegas on the $200,000 the casino had loaned him in July 2012. He faces one count each of passing a bad check and theft.
The casino is also suing Tarver in civil court.
The arrest warrant in Las Vegas was issued in June after Tarver failed to appear in court. When arrested in Florida, his bond was set at more than $200,000.
TMZ reported that Tarver didn’t have the money to get out of jail, so he borrowed it. The 45-year-old reportedly plans on returning to the ring in order to repay the debt.
The site also said that Tarver was sued in 2009 over other unpaid gambling debts.
As a professional boxer, Tarver had a record of 30-6.
Extending credit to high roller gamblers is a very common practice by Las Vegas casinos. Even though millions go uncollected each year, and the casinos sometimes turn to the courts for assistance, it’s just a drop in the bucket for an otherwise immensely profitable tactic. High rollers don’t like carrying huge sums of cash around, so they get markers.
In the quest for revenue, Nevada casinos will even continue to lend to those who appear risky, as Tarver demonstrated with trying to get out of previous casino gambling debts.
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