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Barkley Gambling Debt: $400K

Former NBA star promises to pay casino to head off felony charges

By John Johnson,  Newser Staff

Posted May 15, 2008 8:40 PM CDT

(Newser) – Charles Barkley admitted today that he owes a Las Vegas casino $400,000 and promised to pay up quickly, the AP reports. The former NBA star fessed up after the Wynn Las Vegas casino filed a complaint and the local DA threatened felony charges. "I'm not broke, and I'm going to take care of it," said Barkley, who blamed the big debt on a bad Super Bowl bet.

"I've been gambling 20 years, said Barkley. "I've never had this happen before. "It's my fault I let the time lapse. I screwed up."

Retired basketball star Charles Barkley, right, signs autographs during the Regions Charity Classic Pro-Am golf tournament, in Hoover, Ala. on Thursday, May 15, 2008.
Retired basketball star Charles Barkley, right, signs autographs during the Regions Charity Classic Pro-Am golf tournament, in Hoover, Ala. on Thursday, May 15, 2008.   (AP Photo/Butch Dill)
In this April 4, 2007 file photo, retired NBA star Charles Barkley speaks at the Downtown Tip Off Club luncheon in North Little Rock, Ark.
In this April 4, 2007 file photo, retired NBA star Charles Barkley speaks at the Downtown Tip Off Club luncheon in North Little Rock, Ark.   (AP Photo/Mike Wintroath, file)
Retired basketball star Charles Barkley, left, signs autographs during the Regions Charity Classic Pro-Am golf tournament, in Hoover, Ala. on Thursday, May 15, 2008.
Retired basketball star Charles Barkley, left, signs autographs during the Regions Charity Classic Pro-Am golf tournament, in Hoover, Ala. on Thursday, May 15, 2008.   (AP Photo/Butch Dill)
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