Is Charles Barkley a Bankrupt?
June 21st, 2008Author: Mark Newman
It is reported that Charles Barkley has not settled his gambling debt with Wynn Resorts. Having lost money playing high-stakes card games and sports betting, Barkley owes the casino $400,000.
After the public promise last week to pay the debt immediately, Charles Barkley has not made any payment yet.
Some people suppose Barkley is on the edge of bankruptcy, but there is no proof. Still, there must be some financial crisis in his private life, especially if to take into consideration the fact that he has spent approximately $50 million in gambling losses.
Las Vegas District Attorney David Roger has promised to file a criminal complaint if Barkley doesn’t pay up by June 9.
