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The Dark Underbelly of Casino Credit

By Chuckmonster on Sunday, 3rd April 2005 2:09pm
  » filed under Las Vegas  comments: 0


Four years ago, Donald Carroll asked state regulators to prohibit Atlantic City's casinos from giving him credit. It was one of the few safeguards compulsive gamblers like Carroll had at the time to help keep them from losing big money in case of a relapse.

Early last year, Carroll said a casino host invited him to the Borgata casino in Atlantic City. When he got there, however, the host told Carroll he couldn't give him any credit until he had his credit privileges restored, according to court records.

The host was more than willing to help him out. He arranged for a limousine to take Carroll from Borgata to the Boardwalk offices of the N.J. Casino Control Commission to have his credit privileges reinstated, court records say. After a ride back to the casino, Carroll, 65, was able to obtain $150,000 in credit to fuel a gambling binge that earned him a free hotel suite, meals and drinks worth $3,000, the court records show.

Along the way, Carroll lost $130,000. When he didn't repay the money, Borgata won a default judgment for the $130,000, plus $2,524.32 in interest.

Carroll, who lives in Red Bank, declined repeated requests for comment. But his account of what happened during the gambling trip was included in his motion to vacate the judgment because he said he was never served with a summons. Instead, Borgata served the papers to his ex-wife in Colts Neck, where Carroll said he hasn't lived for more than a decade.

On Friday, Atlantic County Superior Court Judge Carol Higbee ruled in favor of Carroll. Borgata can still go after Carroll for the money he owes. But Carroll's lawyer, Chris Franzblau, said he will fight it.



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