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US casino mogul's award grows to $40 mln against 'Girls Gone Wild' founder

Discussion in 'Misc. Vegas Chat' started by JWBlue, Sep 12, 2012.

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  1. JWBlue

    JWBlue VIP Whale

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    Francis is worth $150 million. He should have paid the $2 million he lost and kept quite. He would not have even felt that hit.

    http://www.reuters.com/article/2012/09/12/usa-wynn-slander-idUSL1E8KBQPL20120912

     
    Last edited by a moderator: Sep 12, 2012
  2. Nevyn

    Nevyn VIP Whale

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    Absolutely he should have paid the $2 million and being dumb enough to commit two separate acts of clear defamation since is pretty funny.

    But what someone is "worth" can be a bit misleading. Those assets are likely estimated, and not necessarily all that liquid. He could sell off part of his company, but depending on his current stake that could have other consequences.

    I'd agree he probably could have come up with the $2 mil without too much pain (but even that I doubt he had just sitting in a bank account).

    It'll be interesting to see whether he can scratch together 47.5 million at all. Needing to raise that much would lower the price he'd be able to get selling company stock. Also interesting to see how long he can delay it with appeals.
     
  3. Boone

    Boone Tourist

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    Sounds like Wynn may end up owning some video rights as that is all Francis is worth now.
     
  4. Bazzito52

    Bazzito52 Low-Roller

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    Guess Wynn will now have enough money to buy that Quincy Jones CD boxed set!!
     
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  5. DBear

    DBear VIP Whale

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    Wynn could come off with a PR win if he pledges to donate the money to women's charities across America. It'd be funny if he made it out in Francis' name too! I'm sure Wynn can afford to buy Qunicy Jone's box sets without this money, even after the divorce.
     
  6. MattyIce

    MattyIce Tourist

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    So next time I go to the Wynn/Encore will there be Girls Gone Wild videos playing?
     
  7. captainron62

    captainron62 VIP Whale

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    Wynn has already said he will donate any monies collected to a charity to be named, minus attorney fees.
     
  8. C0usineddie

    C0usineddie VIP Whale

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    This is what happens when you hang out with Quincy Jones.
     
  9. zamboni

    zamboni VIP Whale

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    Can I hang out with Rashida? MMMMMMMMMMMmmmmmmmmm yummy
     
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  10. shokhead

    shokhead I'm no big spender!

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    The bigger the award, the happier I got and was thinking the same thing, just pay your fricked debt but no, I'm a big shot. I say :Þ
     
    Here we go again!
  11. nostresshere

    nostresshere Mr. Anti Debit Card

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    Yea, should have just paid the damn $2m he owed.

    Jerk.
     
  12. Reed

    Reed High-Roller

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    What a dumbass. Bet he learns to keep his mouth shut now.
     
  13. C0usineddie

    C0usineddie VIP Whale

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  14. Nevyn

    Nevyn VIP Whale

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  15. JillyFromPhilly

    JillyFromPhilly Tourist

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    I'm not so sure I believe Joe Francis is actually worth $150 million - isn't GGW pretty much past its heydey at this point? I guess its possible, but that seems like your typical overinflated "estimated" net worth number that gets thrown around a lot in the media but is probably way more than what it actually is - kind of like Trump's net worth.

    And while I agree Joe Francis is an annoying scumbag, I also have no problem believing that Wynn actually did threaten to have him killed, either [even if it was hyperbole and not an actual serious threat] - I mean, even if it were true, if you were Quincy Jones, would you side with Joe Francis over Steve Wynn? [Plus, anybody who believes Wynn got where he is today being squeaky clean, I've got a bridge to sell you at a low, low discount price :evillaugh]
     
  16. shokhead

    shokhead I'm no big spender!

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    The jury whick had all the evidence belived different.
     
    Here we go again!
  17. Bernie2

    Bernie2 High-Roller

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    Steve Wynn won lawsuit in millions

    Steve Wynn Wynn won a lawsuit in CA in the millions against the man who heads up Girls Gone Wild. Surprise, surprise there is an appeal. I would never have guessed that (yeah, right).
     
  18. Bernie2

    Bernie2 High-Roller

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    I'm glad Steve won and he was defamed. The jury made the right call !
     
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