Final Preventing Championship (UFC) CEO Dana White’s betting habits and tales are broadly recognized in Las Vegas and past, however that legend seems to be rising as he not too long ago acknowledged taking Caesars Palace for an enormous chunk of change earlier this yr.
UFC CEO Dana White says he received an estimated $27 million taking part in baccarat at Caesars Palace earlier this yr. (Picture: MMA Preventing)
On a recent episode of the “Full Ship” podcast, the UFC boss estimated that between January and March, he received $26 million to $27 million taking part in baccarat at Caesars Palace on the Las Vegas Strip.
Caesars Palace … I clipped these guys for $1 million an evening from, like, the primary week of January all the way in which into March,” mentioned White. “I beat these guys for like $26 million, $27 million.”
He added “Caesars is gangster” and is the place to play for high-level gamblers.
Caesars permits White to play $350K per hand — a restrict prolonged to him and a small quantity of different well-heeled shoppers. At that stage, successful $1 million or extra in an evening is believable. It’s additionally possible {that a} bettor might lose substantial sums, and White acknowledged there are nights when a bettor can get “wrecked” betting effectively into six figures per hand.
White is a Longtime Caesars Fan
White’s methodology, which he reiterated on the “Full Ship” podcast, is probably irksome to some on line casino operators. If he wins three arms in a row, he takes his winnings and leaves.
That makes for a $1 million+ evening for him and a lack of the identical quantity for the on line casino that he “victimized.” Consequently, many Las Vegas casinos refuse to take White’s motion, which is why he’s lengthy been dedicated to Caesars and MGM Resorts Worldwide’s Bellagio. On the podcast, he mentioned Caesars will enable him to wager $350K per hand whereas Bellagio will go as excessive as $400K.
White, recognized for his outspoken demeanor, has beforehand levied criticism in opposition to some Las Vegas casinos for refusing to permit him to wager there. In one other latest podcast, he referred to as Wynn Las Vegas “a bunch of (slur referencing a feminine physique half)” for not permitting him to wager there at his most well-liked limits.
Off the Strip, White is understood to frequent Crimson Rock Resort in Summerlin, although he advised “Full Ship” he performs there at a lot decrease limits as a result of he’s that venue’s solely shopper with the power to play deep six figures per hand. Crimson Rock Resorts (NASDAQ: RRR) is managed by Frank and Lorenzo Fertitta, who had been early UFC Traders.
White Nonetheless Needs to Play $1 Million a Hand
Even though his largest shedding evening was $8 million, White reiterated his longstanding purpose of ultimately betting $1 million per hand.
“That’s my purpose. That’s my purpose in life earlier than I die,” mentioned White on the podcast.
He mentioned below that dream state of affairs, he’d desire a on line casino to increase to him $30 million in credit score so he can play $1 million a hand, however he acknowledged no gaming venue anyplace on this planet is more likely to indulge him.
