Gambler who turned $50 into $40 million added to Nevada ‘black book’

A Black Book, a State Gaming Control Board list of people excluded from Nevada casinos, is displayed at the Mob Museum in downtown Las Vegas Monday, Feb. 13, 2012. At right is a page on former mobster Tony “The Ant” Spilotro, who was removed from the book only after his death.

The famous Nevada “black book,” a list of individuals barred from entering any of the state’s casinos, has received its latest entry.

The Nevada Gaming Commission approved placing the well-known gambler Anargyros Karabourniotis, also known as Archie Karas, on the list at its meeting today. Commissioners agreed that Karabourniotis fulfilled multiple requirements necessary for inclusion on the list, including having committed a “crime involving moral turpitude.”

Karabourniotis is known for a three-year gambling streak in which he reportedly turned $50 into $40 million, which he subsequently lost.

According to the Los Angeles Times, Karabourniotis pled guilty in 2014 to one count of burglary for entering a casino intending to cheat. He was sentenced to three years of probation for marking cards at a casino in San Diego County, the Times reported.

In general, once individuals are placed on the list, they remain there until death.

Tags: Business
Gaming

J.D. Morris can be reached at 702-990-7714 or [email protected]. Follow J.D. on Twitter at twitter.com/thejdmorris.

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