Steve Wynn Wins $7.5 Million Defamation Suit Against Joe Francis

Written by:
Aaron Goldstein
Published on:
Feb/22/2012
Steve Wynn Wins $7.5 Million Defamation Suit Against Joe Francis

It’s been an ugly back and forth battle but casino magnate Steve Wynn has come out on top in a very big way, winning his $7.5 million defamation lawsuit against “Girls Gone Wild” founder Joe Francis. 

The suit was filed following Francis’ proclamation that Wynn “deceived his high-end customers”. 

A Clark County judge determined damages to Wynn’s reputation at $5 million, adding $2.5 million in punitive damages. 

Francis' lawyer, David Houston, tells TMZ, "We will appeal this order.  Joe was not allowed to defend himself."

Wynn and Francis have been fighting for years after the “Girls Gone Wild” founder reportedly failed to pay a $2 million marker Wynn said he owed to his casino.   

- Aaron Goldstein, Gambling911.com

 

Gambling News

Macau Eases Gambling Crackdown Concerns After Casino Shares Plummet

Macau, the world's biggest gambling hub, moved on Friday to clarify it had not tightened daily cash withdrawal limits for Chinese gamblers

Oulala clinches the Best Fantasy Sports Product Award

Oulala.com, the daily fantasy sports (DFS) operator and B2B provider, won the award for 'Best Fantasy Sports Product' at SBC Awards ceremony in London.

John Glenn: Patriot and Hero But a Foe of Gambling

John Glenn, who died Thursday at age 95, was an American patriot.  He was also no friend of gambling as this Thomas Somach expose reveals.

JPMorgan Chase Charged in Stealing $5 Mil From Bank to Pay Off Gambling Debts

JPMorgan Employee Charged in Stealing $5 Mil From Bank to Pay Off Gambling Debts

A former JPMorgan Chase & Co employee who has been ordered to attend counseling for gambling is facing criminal charges that he engaged in a scheme to defraud the bank out of $5 million in order to pay personal debts.

Casino Stocks in US and Australia Plummet as Crackdown Continues

Casino Stocks in US and Australia Plummet as Crackdown Continues

Crown Resorts in Australia dropped as much as 8 percent in trading Thursday as a crackdown on gambling continues with a shock move announced heading into the weekend.

Syndicate