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Dana White Pulls UFC Events From Palms Casino Resort After They Cut His Gambling Credit Line in Half [TRUE STORY]

(For the girl in the Spiderman costume, what happened later that night was the most humiliating experience of her life. For Jon Lovitz, it was just another champagne orgy. Photo via VegasNews)

UFC president Dana White — who, as we are legally obligated to tell you, has never bet on a UFC fight in his life, other than that friendly $100 cash wager he made on Manny Gamburyan vs. Thiago Tavares — has cut ties with The Palms Casino Resort in Las Vegas, a longtime host-venue of TUF Finale events. In true Godfather style, it’s over an insult, related to his immense, well-documented love of gambling (which again, he’s never done on a UFC fight, except for that one time in January 2009).

Here’s the scoop, from swashbuckling shit-stirrer Norm Clarke of the Las Vegas Review Journal:

A falling-out with UFC president Dana White is the latest setback for the hard-hit Palms, sources confirmed Sunday.

The blowup occurred about six months ago when White, furious that his credit line was cut in half, pulled all UFC-related events from the Palms and has not returned…

The UFC had an exclusive contract with the Palms to hold televised “Ultimate Fighter Live Finale” events at the hotel as well as local UFC fights.

One of the Palms’ biggest gamblers since it opened 11 years ago, White’s tipping habits were legendary.

“He changed people’s lives,” said one of the sources.

Dealers and wait staff were among the hardest hit by White’s departure. During one two-month hot streak, White tipped dealers more than $100,000, sources confirmed.

“Anytime he came in, we knew it was a big payday,” a Palms employee said.

A regular at N9NE Steakhouse, White routinely ran up dinner tabs of $15,000-$20,000 and tossed in $10,000 tips. That happened three or four or times a week, the sources said.

First, let’s give White some credit here: The fact that his tipping habits are enough to affect a city’s local economy is pretty fucking impressive. Until you’re able to spend $100,000/week on steak dinners, you can’t really call yourself a “success.”

But man, what an asshole. (Sorry, you knew that was coming.) We’re used to the UFC president’s tantrums by now, but this one — in which Dana ends a contract with a loyal partner because they were financially strapped and could no longer afford to float him the kind of markers he’d grown accustomed to — is such a great encapsulation of White’s personality. In short, he’s a man who wields his power like a bully, reacts to every setback as if it were a direct threat on his life, and loves, loves, loves to gamble, to the point where his love of gambling is now influencing major business decisions.

Anyway, this should explain why the TUF 16 Finale is slated to go down at the Hard Rock Hotel and Casino on December 15th, and not at the Palms, where the last eleven TUF finale cards have taken place.

Cagepotato Comments

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Mr_Misanthropy- October 29, 2012 at 10:54 pm
By the term 'won' I was trying to imply that Mr. White is in personal possession of Mr. Lovitz as if he had been reduced to a mere piece of property, an object that could be possessed and misused with impunity by the legitimate owner of said article. I chose to clarify this statement as I felt it was instrumental in understanding my feeble, poorly thought out, and pathetic attempt at a humorous off-hand remark. As it stands now my previous comment could have been easily construed as the attempt of a sub-literate imbecile at implying that Mr. White and Mr. Lovitz had engaged in a private game of cards whereby the loser was obliged to surrender sexual propriety to the winner of the gentlemanly contest.
coldbeer78- October 29, 2012 at 7:35 pm
Why doesn't he just go gamble at Station casinos or is his credit line shot there too?
Mr_Misanthropy- October 29, 2012 at 5:02 pm
The baldfather shits thousand dollar tips. He won Jon Lovitz in a back room Texas Hold'em game. Jon's just lucky he didn't get smashed out on the casting room couch.
BaghdadBob- October 29, 2012 at 3:12 pm
1. Re that photo and others on CP: Jesus, Dana is such a creepy clinger.

2. It's nice to see a company president making objective decisions that are in the company's best interests, instead of being a petty little pussy.
Alan K- October 29, 2012 at 2:49 pm
You would think he'd pay his fighters better with how much money he throws around.
teep- October 29, 2012 at 1:21 pm
I guess Dana truly is the Baldfather.
Fried Taco- October 29, 2012 at 1:14 pm
Actually, later that night, Superman-girl (I mean, just look at her hand!) decided the $10,000 tip wasn't worth it, and broke the bottle of champagne over Lovitz's head.
Viva Hate- October 29, 2012 at 12:33 pm
Jon Lovitz spidey sense was tingling, she wanted some and later that night he showed her how he slings web, all over her face, WORD!
MorningwoodII- October 29, 2012 at 12:14 pm
But, yeah I agree. eff up on the palms side. But, I wonder if they couldn't have went to him and said. Hey DW we all know your the boss and throw tons of cash around. Could you throw some our way so we can afford you.
cman- October 29, 2012 at 12:10 pm
Yeah I'm in disagreement here. If visa called you and said 'yeah you're a great customer but were slashing your credit in half cuz though you can afford it. We just wanna. I'd only use my Amex too.
MorningwoodII- October 29, 2012 at 12:09 pm
I heard that Silva and Jones agreed to fight. But ONLY at the palms in Vegas. Thanks screwing us again DW!
fedors pink panties- October 29, 2012 at 11:52 am
how the hell can he tip a dealer more than he pays one of his fucking fighters? that's fucked up.
ArmFarmer- October 29, 2012 at 11:49 am
I'm just surprised he actually has the power to pull all of their events from the venue. I mean he's obviously got swing, but he doesn't own the company. You'd think there'd have been a fertita around to calm him down and find a compromise.
ArmFarmer- October 29, 2012 at 11:48 am
Yeah, kind of agree with pen on this one. They bit the hand that feeds them. He was a loyal customer bringing all kinds of revenue and customers to their casino, and they slapped him in the face.
Pen Fifteen- October 29, 2012 at 11:39 am
A bully? I hate to say it, but this sounds like a pretty straightforward issue of consumer choice. You're talking about a fucking casino for christ's sake, not a children's hospital.
Fried Taco- October 29, 2012 at 11:37 am
Apparently CP loves to gamble, too. With their lives.