Mike Ashley Loses Out in Roulette Game at the Mayfair Casino
On August 23rd, 2008, he is known a the biggest roller of them all and for a good reason. Billionaire Mike Ashley, the owner of Newcastle United, is the person who walk away from a casino earlier this year with 1.3 million pounds, won on a single spin of the roulette by betting on his lucky number seventeen. But if the rumors circulating London's casinos are to be believed, Mr. Ashley winning run is finally over. He is said to have a lost a total of five million pounds playing roulette and blackjack in one all-night session. Mike Ashley had been on a winning streak when it all unravelled on one go.
The forty-five year old businessman, who earned 929 million pounds when he floated his Sports Direct retail chain in February 2007, is said to have earned big losses with friends at the Casino Fifty in St. James Street, Mayfair, the same casino where he won his roulette winnings in May this year. Friends have tried to convince Mr. Ashley to cut back on his losses as the number 17 bet failed him in succession but he ploughed through regardless. A source from the casino said that Mike Ashley normally take his losses very well but by the end, he had a face like thunder.
Notoriously private Mr. Ashley, whose current business includes well-known sports brands like Dunlop Slazenger, Donnay, Kangol and Lonsdale, was once compared to Howard Hughes. He is regularly seen at Newcastle United games wearing a shirt bearing the number seventeen. Other known gamers who have incurred big hits include late Australian billionaire Kerry Packer who lost 6 million pounds at a Las Vegas casino in 1993 and Fouad-al-Zayat from Syria, known as the "Fat Man", lost 2 million pounds in 2000 at the Aspinall's Club in Mayfair.
September 14, 2008
Max Baker
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