Published on: September 16, 2024, 06:59h.
Last updated on: September 16, 2024, 06:59h.
UFC CEO Dana White has made headlines for his significant wins at Caesars Palace, where he won an estimated $27 million playing baccarat earlier this year.
During a recent podcast, White shared that he won $26 million to $27 million between January and March by playing baccarat at Caesars Palace.
White stated, “Caesars Palace…I clipped these guys for $1 million a night from, like, the first week of January all the way into March. I beat these guys for like $26 million, $27 million.”
He praised Caesars Palace as a top destination for high-stakes gamblers.
White has the privilege to play $350,000 per hand at Caesars, allowing him to potentially win $1 million or more in a single night. However, he acknowledged that substantial losses are also possible when betting in six figures per hand.
White’s Loyalty to Caesars
White’s strategy of leaving after winning three consecutive hands can be frustrating for casino operators. He has faced rejection from many Las Vegas casinos, except for Caesars and Bellagio, where he enjoys high limits for betting.
On the podcast, White mentioned that Caesars allows him to bet $350,000 per hand, while Bellagio extends the limit to $400,000.
Known for his candid nature, White has criticized some Las Vegas casinos for not accepting his high-stakes wagers. In a previous podcast, he expressed his displeasure with Wynn Las Vegas for restricting his preferred betting limits.
Outside the Strip, White frequents Red Rock Resort in Summerlin, although he plays at lower limits there due to being the only client able to bet deep six figures per hand. Red Rock Resorts (NASDAQ:RRR) is owned by early UFC investors Frank and Lorenzo Fertitta.
White’s Ambition to Bet $1 Million
Despite experiencing an $8 million loss on one occasion, White remains determined to bet $1 million per hand.
He stated, “That’s my goal. That’s my goal in life before I die.”
Though he desires a casino to extend a $30 million credit for him to play at $1 million per hand, White acknowledged that no gaming venue is likely to fulfill this wish.