Evander Kane sued for 500k in gambling debts

[GioforPM]

Originally Posted by Buff

Cosmo isn't a part of City Center. It was built at the same time and on property beside City Center but they aren't related. City Center is jointly owned by MGM Resorts and Dubai investors. Cosmo is owned by Blackstone Group.

Original plans were to include condos but they scrapped that plan. However I have seen it suggested that they have 17 condo units. I don't know which tower they would be in.

The Veer towers at City Center are condos but don't have balconies like the one pictured in Kane's pic with all the money. Can't tell if he is at a room or condo from that pic as I've never seen pics of the condos.

So was he just visiting or did he have a condo? Who knows. We do have evidence to suggest that he enjoys going to Vegas based on the pics and now the lawsuit from Cosmo.

Doesnt necessarily mean he has a gambling problem. But he most likely has a problem properly managing his money.

The date of the markers is in the middle of the Vegas-SJ series. So just visiting. And probably not supposed to be out on the town.

[Strange Brew]

Originally Posted by Locke

Why? One would think that would be as safe as can be. You know he makes the money to pay it. His income is public, his job is public. He effectively took a loan and he cant default on it.

Hes got a multi-million dollar contract for 5 more years and they're a legal creditor. They'll get their money unless there are other factors involved.

It’s a little tongue in cheek. As in the guy is not totally trustworthy. But as safe as can be though? Apparently not if they have to file a legal claim to enforce collection. Not sure why you’re saying he can’t default on it when it seems he has.

In any case casinos aren’t in the business of lending money for profit. Markers are meant to be settled promptly and he certainly won’t be getting them any longer.

[squiggs96]

Originally Posted by Cali Panthers Fan

Except it's happened in the past, just with officials instead of players

https://en.wikipedia.org/wiki/Tim_Donaghy



Let's not forget the Chicago Black Sox scandal earlier in the 20th century. Long time ago, I know, but it doesn't mean it can't happen.

Also, keep in mind that Evander Kane plays for the Sharks. Maybe I should have capitalized the S in shark to spell out my joke more for people.

[Coach]

You own a penthouse in Vegas and you don't live or work there?

[GioforPM]

Originally Posted by Strange Brew

It’s a little tongue in cheek. As in the guy is not totally trustworthy. But as safe as can be though? Apparently not if they have to file a legal claim to enforce collection. Not sure why you’re saying he can’t default on it when it seems he has.

In any case casinos aren’t in the business of lending money for profit. Markers are meant to be settled promptly and he certainly won’t be getting them any longer.

It's a little odd, because my understanding is that usually when you get a line of credit to sign markers at a casino they do a check to ensure you have liquid assets to cover the debt. And that doesn't mean property worth your line of credit - it means cash or something like that.

https://www.lasvegasadvisor.com/gamb...rs-in-casinos/
https://almaselaw.com/2013/07/everyt...asino-markers/

[The Cobra]

Originally Posted by GioforPM

Those are court costs payable under the Rules of Court. However, if you have a contract that says otherwise, you can pay all the fees. Even in Canada, for example, your mortgage loan says you pay 100% of the legal fees if the bank has to foreclose.

Even if the contract says that, the court has discretion (in Canada anyway) to reduce the costs. Whether or not they do it is entirely dependant on the facts of each situation.

[GioforPM]

Originally Posted by The Cobra

Even if the contract says that, the court has discretion (in Canada anyway) to reduce the costs. Whether or not they do it is entirely dependant on the facts of each situation.

You do realize that I do this for a living right?

The court has discretion, but if your bank loan says solicitor-client costs (which it always does), that's what the courts award pretty much every time. The only reason they'd reduce it is if there was misconduct by counsel.

[cowtown75]

If Kane keeps this stuff up, he will be serving me coffee from a Tim Hortons in a few years.