Dana White Bets $1M On Baccarat Hand and Wins, Then Admits He’s Done It Before

UFC CEO Dana White finally got to play the $1 million baccarat hand he’s always dreamed of, and MGM Resorts is probably regretting that it allowed it.

On Sept. 29, Park MGM approved seven-figure baccarat action for White and streamer SteveWillDoIt (Stephen Deleonardis), according to a video posted by Deleonardis.

The casino reportedly allowed each man to wager $1 million, with the condition that they could not bet on the same side of the same hand. The opportunity was also limited to a single wager per player.

Deleonardis, who arranged the session and invited White to participate, lost his $1 million hand. White then bet $1 million and won, holding a 9 against the banker’s 8—enough to walk away $1 million richer.

White appears beginning at the 4:23 mark in the video below. After winning, he flips off a security camera in celebration.

Deleonardis later recovered his losses and finished the session ahead, according to multiple reports that estimated his profit at roughly $800,000. White can be heard encouraging him to cash out rather than continue playing.

The video also features UFC fighter Tommy McMillen alongside White and Deleonardis.

Not His First $1M Rodeo

According to White, however, this was not his first seven-figure baccarat bet. And the first time was also at an MGM Resorts property.

“I bet a million before that at the Bellagio a few weeks ago,” he said in a video posted by MMA Fighting on Sept. 30.

White described that hand as one in which the banker initially showed 7 while his side totaled 1 before drawing an 8 to make 9 and win. He said he never posted the video of that one. He called both the Bellagio and Park MGM hands “impossible” results that he still won.

No public reporting has established the exact date of the Bellagio wager, and the hand was not widely known until White referenced it to MMA Fighting.

Looking Baccarat

White—whose net worth is estimated by various outlets at around $600 million—is a well-known high-stakes baccarat player. He has publicly claimed significant winnings over the years, including an estimated $26–$27 million run at Caesars Palace while wagering up to $350,000 a hand between January and March 2024.

White has also spoken about large wins at Fontainebleau Las Vegas, including a baccarat session in late June 2025 that he said produced a profit of about $1.2 million while playing roughly $300,000 hands.

His strategy—betting huge amounts and only leaving after winning three consecutive hands—has drawn attention, with some casinos, such as Wynn Las Vegas, reportedly refusing to allow him to wager at his preferred limits due to his success.

White Not Always in the Black

Despite his well-publicized success stories, White has also acknowledged substantial losses.

During interviews discussing his Caesars Palace run, he said he lost as much as $8 million in a single night before eventually finishing ahead overall.

An unnamed source told Casino.org in September 2025 that he owed between $25 and $50 million in gambling debt to Red Rock Resorts, a story he later described to the Hollywood Reporter as “pure clickbait bulls***.”

White had said a single $1 million table-game hand had been his dream but that he had struggled to find casinos willing to book it at that size.

“That’s my goal in life before I die,” he told the Full Send YouTube podcast in 2024, though he acknowledged no gaming venue anywhere in the world is ever likely to indulge him.