August 11, 2012; Denver, CO, USA; UFC president Dana White talks during the press conference following UFC 150 at the Pepsi Center. Mandatory Credit: Ron Chenoy-US PRESSWIRE

Dana White no longer allowed to gamble at the Palms... again

UFC president Dana White has a penchant for gambling big money at Las Vegas casinos. Not only does he love gambling, apparently he is very good at it as well.

According to the Las Vegas review journal, White has been handed his ‘walking papers’ from the Palms for the second time in two years because of his winnings.

The Palms and Mr. White have not had the greatest relationship over the years. In fact, the UFC had a 22 month period where they did absolutely no business with the Palms.

That boycott ended when the Palms sent a peace offering, in the form of White’s favorite bottle of expensive wine, to the UFC offices.

Unfortunately for White he is too prolific of a winner, and the Palms, under new management, reduced White’s limit from $25k to only $5k.

Dana discussed the situation with the journal:

A lot of people are going to think I’m a card counter after that Ben Affleck thing at the Hard Rock. I’m the farthest thing from card counter.

Casinos don’t want to gamble anymore. They’re all owned by hedge funds and corporations. They want to stack the odds so much against you that won’t play. Realistically, there’s only one place to play left in town. That’s Caesars. They will let you play what you want to play. No messing around with limits.

You can actually see the phone call where Dana was told that he had to stop gambling at the Palms in the UFC’s new ‘Embedded’ series. Check it out in the video below:

Dick's Sporting Goods presents "Hell Week":

Tags: Dana White Gambling UFC