Chicago Barn to Wire BRIS
Home | News | Bloggers | Forums | Resources | Links | Marketplace | Gallery | Contact Us | Search


September 18, 2014, 12:47:05 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: If you don't remember your password, email me.

New  registration procedures -- Some ISPs have been bouncing the verification emails.  Please email me to be activated or if you have any problems.  Click Contact Us above.
 
   Home   Help Search Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: Wisconsin man indicted over $3.75 million Las Vegas gambling debt  (Read 1462 times)
blue chip
Full Member
***
Posts: 235




Ignore
« on: February 11, 2010, 06:33:59 AM »

Wisconsin man indicted over $3.75 million Las Vegas gambling debt
Wednesday, Feb. 10, 2010

A Wisconsin man has been indicted by a grand jury in connection with gambling markers totaling $3.75 million at two Las Vegas casinos.

Christian Peterson is charged with drawing and passing a check without sufficient funds with intent to defraud, presumptions to defraud and theft, according to an indictment unsealed last week in Clark County District Court.

During an eight-day period in April 2008, Peterson signed three markers totaling $300,000 at the Hard Rock Hotel and a marker for $3.45 million at Caesars Palace, the indictment states. Clark County Deputy District Attorney Bernie Zadrowski said after Peterson failed to comply with a payment plan, a decision was made to move forward with a criminal case.

A lawsuit indicates the method Harrah’s Entertainment used in getting Peterson to sign the marker is being disputed by the company and the gambler.

According to a lawsuit Peterson filed against Harrah’s Entertainment in June 2008, he accuses the company of false imprisonment and inflicting emotional distress, among other charges.

The chain of events started April 20, 2008, when Harrah’s provided Peterson with a jet to Las Vegas, despite the company’s knowledge of his serious gambling problem, the lawsuit claims.

After a few days of gambling at Caesars Palace, Peterson won about $1.5 million, according to the suit. Peterson’s lawsuit doesn't mention the $3.45 million Harrah’s claims he lost during his stay.

Peterson’s Las Vegas attorney, Chris Rasmussen, said his client was heavily intoxicated while gambling and didn’t mean to extend his credit as far as he did.

On the morning of April 22, 2008, Peterson and some friends, including his Wisconsin lawyer, left the hotel casino to board the Harrah’s jet to return home, according to the lawsuit.

Peterson claims in his suit that about 45 minutes into the flight, a flight attendant informed him that the plane was going to have to return to Las Vegas for an emergency landing due to mechanical difficulties. Peterson feared for his life, according to the lawsuit.

When the plane landed, a Harrah’s Entertainment executive and attorney told Peterson he needed to sign a casino marker before leaving. With no other way to return to Wisconsin, the lawsuit claims, Peterson signed the marker.

Rasmussen said Peterson’s Wisconsin lawyer and the waitress on board the plane were witnesses to the claims made in the lawsuit.

Peterson’s June 2008 lawsuit was resolved in November 2009 with a judgment in favor of Harrah’s. Peterson was ordered to pay about $2.6 million — the remainder of his marker after his estimated $1.5 million winnings, plus interest.

Zadrowski, the Clark County deputy district attorney, said a Harrah’s Entertainment vice president testified in front of the grand jury that after repeated calls to Peterson to sign the $3.45 million marker, Peterson left Caesars Palace for the company jet at about 7 a.m. on the day of his departure, hours before his scheduled afternoon flight.

Once the casino realized Peterson had left without signing the marker, a call was made to the pilot to turn the jet around, Zadrowski testified.

When Peterson landed in Las Vegas, he was met with Gaming Control Board agents and Harrah’s executives and was told to sign the marker or he wouldn't be allowed to use the company jet to return to Wisconsin, the Harrah’s vice president said during his testimony.

If convicted, Peterson could face up to 18 years in prison. His arraignment is scheduled for Feb. 22.

"The people involved in marker cases like these aren’t criminals," Rasmussen said. "They are just people who got too drunk and took out way too much credit."

Harrah's Entertainment spokeswoman Jacqueline Peterson said the company doesn't comment on pending litigation. Hard Rock didn't return requests for comment Wednesday afternoon.
Report to moderator   Logged
Tidy Sister
Hero Member
*****
Posts: 745




Ignore
« Reply #1 on: February 11, 2010, 06:39:18 AM »

Now I don't feel so self concious about betting $100 across on my own horse.  head shake

TS
Report to moderator   Logged

IT IS BETTER NOT TO ARGUE WITH A FOOL. HE WILL DRAG YOU DOWN TO HIS LEVEL AND BEAT YOU WITH EXPERIENCE.
Suicide_Mare
Hero Member
*****
Posts: 1124




Ignore
« Reply #2 on: February 11, 2010, 06:45:41 AM »

The 'ole intoxication excuse.
Report to moderator   Logged
blue chip
Full Member
***
Posts: 235




Ignore
« Reply #3 on: February 11, 2010, 06:46:44 AM »

Keep betting we need the handle.  And good luck with that pony girlpower to you.
Report to moderator   Logged
Moni for free
Guest

« Reply #4 on: February 11, 2010, 08:57:14 AM »

holy crap.. borrowing to gamble is a bad idea at its very core, but 3.45 mil?
Report to moderator   Logged
servicetech
Hero Member
*****
Posts: 1443




Ignore
« Reply #5 on: February 11, 2010, 09:31:43 AM »

f u c k him ,he new what he was doing,,they send a plane for you ,,,you leave on a private jet,,,he has been thru this before,,,,,he blew the money,,,he owe,s the money head shake head shake head shake
Report to moderator   Logged
Moni for free
Guest

« Reply #6 on: February 11, 2010, 09:35:51 AM »

f u c k him ,he new what he was doing,,they send a plane for you ,,,you leave on a private jet,,,he has been thru this before,,,,,he blew the money,,,he owe,s the money head shake head shake head shake
I thought the 15k in markers we handed out at my craps game last Saturday was alot....
Report to moderator   Logged
noc
Guest

« Reply #7 on: February 11, 2010, 09:51:32 AM »

What did this guy do and how much collateral including money did he have on hand for this major corporate casino to extend him that type of credit...They just don't give you a line like that or any line unless you got something to back it up.
Why didn't he just fly commercial if he was trying to skip out on the debt ??... laughing guy laughing guy laughing guy
Report to moderator   Logged
kmm
Guest

« Reply #8 on: February 11, 2010, 09:53:13 AM »

What did this guy do and how much collateral including money did he have on hand for this major corporate casino to extend him that type of credit...They just don't give you a line like that or any line unless you got something to back it up.
Why didn't he just fly commercial if he was trying to skip out on the debt ??... laughing guy laughing guy laughing guy
Good points, something smells fishy.
Report to moderator   Logged
noc
Guest

« Reply #9 on: February 11, 2010, 09:56:22 AM »

Good points, something smells fishy.
In the  old old days of Vegas, if he didn't pay he would be Sleeping with the fishes.  laughing guy laughing guy laughing guy
Report to moderator   Logged
Egyptian Torch
Sr. Member
****
Posts: 419


WWW

Ignore
« Reply #10 on: February 11, 2010, 10:30:34 AM »

This is going to sound stupid, but why do casino grant markers in the first place. All they are doing is opening themselves up for something like this to happen.

But, I can also see if someone was a regular to that particular casino or owned a Fortune 500 company be given a line of credit.
Report to moderator   Logged
noc
Guest

« Reply #11 on: February 11, 2010, 10:32:35 AM »

This is going to sound stupid, but why do casino grant markers in the first place. All they are doing is opening themselves up for something like this to happen.

But, I can also see if someone was a regular to that particular casino or owned a Fortune 500 company be given a line of credit.
That is what we are trying to figure out...How much was this guy worth for them to A. send out the private jet and B. extend this guy that type of credit/markers ?
Report to moderator   Logged
noc
Guest

« Reply #12 on: February 11, 2010, 10:39:26 AM »

That is what we are trying to figure out...How much was this guy worth for them to A. send out the private jet and B. extend this guy that type of credit/markers ?
All I could find out owns a light manufacturing co, couple of restaurants and is a real estate developer..
Report to moderator   Logged
Egyptian Torch
Sr. Member
****
Posts: 419


WWW

Ignore
« Reply #13 on: February 11, 2010, 10:58:04 AM »

All I could find out owns a light manufacturing co, couple of restaurants and is a real estate developer..


Interesting. Granted, this guy sound more successful than most. But does it equate to having nearly a four million dollar credit line?

Good stuff, Noc.  thumbs up
Report to moderator   Logged
3 wide and wingin
Guest

« Reply #14 on: February 11, 2010, 12:41:13 PM »

Funny. He probably lost all his money in the recession and still had the cache to pass himself off as a high roller. So he went out and had a good time. Good luck collecting. Reminiscent of Madoff and Nancey.
Report to moderator   Logged
GGNJ
Hero Member
*****
Posts: 1314




Ignore
« Reply #15 on: February 11, 2010, 03:46:31 PM »

The casinos know. Sure, they make a mistake here and there, and things fall through the cracks, but for the most part, they know.

There are numerous resources available that not only casinos, but nonprofits/charities and others use to find out how much someone is worth, what do they own, give, pay, borrow, etc.

I am willing to bet they can find out if a guy has paid the garbage collector and/or whether or not they have a lien against the guy . . . oh wait, that was here at BTW. LOL. Just kidding.
Report to moderator   Logged
Tidy Sister
Hero Member
*****
Posts: 745




Ignore
« Reply #16 on: February 11, 2010, 08:48:30 PM »

The casinos know. Sure, they make a mistake here and there, and things fall through the cracks, but for the most part, they know.

There are numerous resources available that not only casinos, but nonprofits/charities and others use to find out how much someone is worth, what do they own, give, pay, borrow, etc.

I am willing to bet they can find out if a guy has paid the garbage collector and/or whether or not they have a lien against the guy . . . oh wait, that was here at BTW. LOL. Just kidding.
Isn't this the guy head shake who has buying the *** maroon Picks since the beginning? Betting big dollars just knowing that the worlds foremost authority laughing guy on absolutely everything was the best there was at picking horses. Making large sums of money (dis)appear? bang head

TS

« Last Edit: February 11, 2010, 08:50:19 PM by Tidy Sister » Report to moderator   Logged

IT IS BETTER NOT TO ARGUE WITH A FOOL. HE WILL DRAG YOU DOWN TO HIS LEVEL AND BEAT YOU WITH EXPERIENCE.
Moni for free
Guest

« Reply #17 on: February 11, 2010, 08:56:33 PM »

Isn't this the guy head shake who has buying the *** maroon Picks since the beginning? Betting big dollars just knowing that the worlds foremost authority laughing guy on absolutely everything was the best there was at picking horses. Making large sums of money (dis)appear? bang head

TS


somehow, there's a movie in here...
Report to moderator   Logged
vegas jay
Hero Member
*****
Posts: 1231




Ignore
« Reply #18 on: February 12, 2010, 06:42:37 AM »

In the old days when the mob ran the casinos, they'd find you, beat you to death and bury your body somewhere in the desert a few miles outside of town. And that's a fact!

But now that corporations run everything, they're not as violent. But make NO mistake about it -- they will hunt you down and prosecute you -- and for a whole lot less money than this clown blew. And the courts always rule in their favor.
Report to moderator   Logged
Suicide_Mare
Hero Member
*****
Posts: 1124




Ignore
« Reply #19 on: February 12, 2010, 09:01:22 AM »

I think the guy's arrogance did him in (drunk or not).  You've got to be a pretty big WHALE to get flown back and forth to Vegas (even commercially let alone on a private jet).

When these perks are given to you, you need to respect the rules, sign your markers, leave announced, etc.  This kind of arrogance reminds of Brooks bending and bending rules to the point of complete destruction.
Report to moderator   Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!
Page created in 0.256 seconds with 16 queries.

Home
Upcoming events
Arlington Million
Horse slaughter in IL
Racing TV schedule
News Updates
Legislation

Galloping Out

Previous stories

Arlington
Balmoral
Hawthorne
Maywood
Chicago Sun-Times
Chicago Tribune
Blood-Horse
Daily Racing Form
Thoroughbred Times
Harness Link
Illinois Racing Board

 

2014

Arlington Million
Triple Crown
Illinois Derby

2013

Breeders' Cup
Hawthorne Gold Cup
Arlington Million
Triple Crown
Illinois Derby

2012

Breeders' Cup
Hawthorne Gold Cup
Arlington Million
Triple Crown
Illinois Derby

More ebay items

 

Home | News Updates | Bloggers | Forums | Search
Resources | Links | Marketplace | Gallery | Advertising | Contact Us

Copyright © 2000-2014 Chicago Barn to Wire. All rights reserved.
Privacy policy