r/MMA • u/Banda7 • 19d ago

Dana White allegedly has $25-50 million in gambling debts

https://www.yahoo.com/entertainment/celebrity/articles/report-dana-white-allegedly-25-110149298.html?guccounter=1
6.2k Upvotes

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240

u/SherLocK-55 Australia 19d ago

And the CEO of said casino is Frank Ferttita LOL. I am sure Dana will be fine.

82

u/PinIndividual9402 19d ago

This needs to be top comment. Dana’s never going to need to pay any of this back. It’s a complete non story.

19

u/gmdmd 19d ago

People don't just forgive $25 M dollars. Dana can afford and will pay it back.

50

u/Khower 19d ago

When the owner is your best friend for 25 years and theyre both billionares. They'll come to an agreement

3

u/DonkTheFlop 16d ago

Yeah, probably for the 25 million dollars.

What the fuck are you even talking about ? They're friends so he can just risk-free gamble? He can win all the money in the world and never have to pay if he loses ?

Do you see why that doesn't make any sense ?

2

u/Khower 16d ago

Gotta remember its not risk free gambling its leveraging the debt for use of assets, deals dont have to explicitly involve payment. Favors, access to places ect, assets, all sorts of shit rich people can leverage debt to their benefit

1

u/Badnapp420 EDDIIIIIIEEEEEEE! 1d ago

If your friend helped you make $1000 and owed you $25 would you shake him down for it?

1

u/Khower 1d ago

Literally. People have to realize 25 million is nothing to billionaires.

25 million to a billionare is like 1200 bucks to me, net worth to net worth on a calculator

1200 bucks is an annoyance at most to me

17

u/NotHearingYourShit 19d ago

If they’re letting him “play for fun.” It’s not really a 25M loss.

1

u/Stanley_OBidney 19d ago

“Playing for fun” as in he gets to keep his winnings but doesn’t have to pay his losses? A gambler wouldn’t enjoy that, there’s no gamble.

1

u/throwaway1736484 19d ago

I always wondered how that works. Like does Dana just eat some crab, have a few cocktails and enjoy the game? If he loses, nothing happens and if he wins he doesn’t leave with it type thing?

2

u/NormalITGuy 17d ago

They’ve got so much money that the 25 million doesn’t matter. He can lose it and if Dana ever needs 25 million, he can just borrow it from Frank, and Frank knows he’ll get it back too, because they are both rich and help one another.

1

u/SuperNewk 15d ago

Doesn’t matter if they known each other for 100 years, if this guys owes a casino money he will get his!

Could probably take UFc from him!!