Dana White Allegedly Owes Red Rock Resorts $25 Million, Says Source

Posted on: September 2, 2025, 06:00h. 

Last updated on: September 2, 2025, 09:15h.

  • Source says sum owed by UFC boss to Red Rock could be as high as $50 million
  • White’s gambling exploits are well-known in Las Vegas and across social media

Ultimate Fighting Championship (UFC) CEO Dana White allegedly owes Red Rock Resorts (NASDAQ: RRR) $25.2 million in unpaid betting debts, an anonymous source told Casino.org.

Dana White
UFC CEO Dana White. A source says he owes Red Rock Resorts $25.2 million. (Image: MMA Fighting)

The source added it’s possible, though not confirmed, the UFC boss owes the Las Vegas-based casino operator as much as $50 million for credit extended to him so that he could play high-limit baccarat and blackjack at the Red Rock Casino Resort in Summerlin, Nev. A request for comment to Red Rock Resorts was extended by Casino.org on Friday, August 29, and wasn’t acknowledged prior to the publication of this article.

White’s wagering exploits are the stuff of legend as he took Fontainebleau for $1.2 million in baccarat winnings in June. He previously boasted about raking in an estimated $26–$27 million at Caesars Palace between January and March 2024.

Recent social media chatter indicates that in July, White confessed to being down $8 million at an unidentified casino, while another post from the same Instagram account implies White and his crew quickly departed an undisclosed gaming venue following a rough run at a high-limit baccarat table.

Will Red Rock Push White to Pay His Tab?

How ardently Red Rock pushes White to make good on the unpaid marker could be a source of intrigue because the UFC chief has close relationships with Red Rock Chairman and CEO Frank Fertitta III and his brother, Vice Chairman Lorenzo.

Put simply, White’s ability to turn UFC into the most popular combat sport in the US and one of the fastest-growing sports in the world amplified the Fertitta brothers’ fortune. The brothers acquired the series in 2001 for just $2 million, selling significant portions of their interests 15 years later for $4 billion to Ari Emanuel’s William Morris Endeavor — the predecessor of the company known as Endeavor Group Holdings. UFC is now part of TKO Group Holdings (NYSE: TKO). In August 2017, the Fertittas divested their remaining stakes in UFC at a $5 billion valuation.

Put it this way: Frank Fertitta’s net worth has more than tripled since 2016 to an estimated $3.7 billion today, and his investment in UFC is a major catalyst behind that increase. In other words, White made the Fertittas billions, and his unpaid marker is mere pennies compared to what the brothers reaped from their UFC investment.

Plus, there’s essentially no risk to Red Rock shareholders.

Even if White owes the gaming company $50 million, that’s less than 1% of the operator’s market capitalization of $6.29 billion. Extending credit markers isn’t akin to a traditional bank loan in that casino companies aren’t giving money directly to players. Rather, the operators are providing a service — there’s no money coming off their books, and they don’t incur financial damage as a bank would with a sour loan.

Shares of Red Rock are higher by 33.8% year to date, good for one of the best performances among all casino stocks.

White Has Colorful Betting Reputation

White, who joined the board of directors of Facebook parent Meta (NASDAQ: META) earlier this year, has an interesting reputation in the gambling world. He’s previously admitted in interviews that in Las Vegas, he’s essentially barred from casinos that aren’t Caesars Palace or Red Rock properties.

MGM Resorts International’s Bellagio and Fontainebleau have taken White’s action in the past. He’s also bragged that he’s among a handful of bettors who ever play six figures a hand at any Red Rock casino.

The aforementioned source told Casino.org that the primary reason why casinos across the US are reluctant to extend high limits and big credit markers to White isn’t because he’s such a proficient gambler. Rather, it’s because he’s known as a “shortstop.” That’s gaming industry parlance for a bettor who plays a small number of hands at big stakes and is likely to get up and leave the table upon winning three of four hands in a row.