Former NFL Star Clinton Portis Settles $190K Atlantic City Casino DebtCourt Documents Say Former Running Back Resolves Dispute |
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Clinton Portis is finally resolving a long-standing debt to Atlantic City’s largest casino.
According to court documents filed late last month in federal bankruptcy court in Florida, the former NFL star and the Borgata casino-hotel have reached a deal to settle a $190,000 debt accrued from gambling. From now until August 2021, Portis will pay the casino back in monthly installments of 10 percent of “all gross income in excess of $30,000” earned during the three-plus-year period, a court document said.
The debt to Borgata dates back to early 2011 when Portis filed an application for gambling credit. The checks he gave the casino ended up bouncing, according to a 2016 complaint filed by Borgata. Altogether, the casino gave him $200,000 to gamble.
Portis filed for bankruptcy in late 2015.
Borgata, an MGM Resorts-owned casino, isn’t the only place where Portis racked up casino debt. He still owes about $280,000 to MGM’s iconic MGM Grand Casino on the Las Vegas Strip, according to Clark County Court records. He was sued by MGM Grand back in 2014.
Portis, 36, made more than $43 million during his NFL career that ended about six years ago, but his finances reportedly deteriorated during retirement. In a 2017 interview with Sports Illustrated, he admitted that he thought about harming financial advisors.
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