Casinos need to watch
those checks

Oct 21, 2003 7:09 AM

A CASE FOR CHECKING CHECKS! "Talk about a high roller getting the red carpet treatment, you should have seen this guy when he was on a roll," said our east coast pipe.

"He had the host’s eyes poppin’ when he showed up last fall at the Atlantic City Hilton and dropped a check for one million clams in their laps. Then for four months, sometime after the first of the year, the bottom fell out and the house found out the check was made of rubber.

"This guy had a phenomenal streak. The Hilton never had to deposit the check because he just kept winning. Or, when he lost, he was able to buy back his markers with the previous week’s winnings.

"Week after week, this construction guy kept showing up with the big line of credit, backed by the check drawn on a New York bank. But, finally his luck turned sour and he was unable to redeem his markers. That’s when the check was determined to be a phony with a couple of bank employees being paid off to reassure the casino.

"Word is the guy, who faces many years in the can, won $300,000 before losing it all back plus the phony million he had on deposit," the pipe reported.

Sounds like another instance where quitting while ahead would have been the smart thing.

 

LOUIE’S TAKING SOME TIME OFF! "My horses are worn out and need a break," explained horse trainer Louie Roussel whose Risen Star won two legs of the 1988 Triple Crown. (He finished third in the Kentucky Derby.) Since then, Roussel has campaigned a full stable of horses in New Orleans in the winter and in the Midwest during the remainder of the season.

But, not this year.

Louie has been successful in everything he has tried. First as a lawyer, then as a banker. He later took over the family’s interest in the Fair Grounds racetrack in New Orleans and ran that successfully until his interests in breeding and training horses took over. In 1990, he sold the track to the Krantz family but retained his barn as part of the deal.

This year, instead of shipping his horses south Louie has decided to send his horses to the farm and lease his barn to Michael Gill, the nation’s leading owner in number of races won.

As for Louie, don’t expect him to be out of the limelight too long. He just loves to have his picture taken in the winner’s circle.

 

A WINNER IN PRISON GARB? That’s what Edwin Edwards, the former governor of Louisiana, says he would be if he had decided to run for another term. Of course, that is assuming he weren’t serving a 10-year prison term for fraud and racketeering.

In a television interview, the flamboyant Edwards, even at age 76, said, "If I had run for governor with the group that is running today, I would have ended up winning." He called the two candidates — a woman and an Native American man — "a testimony to the diversity of thinking in the state."

But uppermost in his mind right now, he says, is the "prison shock”¦(after) living in a mansion one year and then a very good home with my wife and family and having all the comforts of life."

Does he admit guilt?

"I never would say I was innocent of everything. I simply say I was not guilty of what I was charged with," he replied.

Edwards was convicted on the testimony of Ed De Bartolo, former owner of the San Francisco 49ers, who claimed he paid Edwards $400,000 to get him a casino license in Louisiana.