Wynn -- I've Got Joe By His Big Chips

7/1/2008 10:12 AM PDT

Joe Francis has the Feds after his millions, but he's got a much scarier guy breathing down his neck -- Steve Wynn.

Steve's resort just sued the pimpresario for $2 mil, claiming that Joe skipped out on a marker he was given back in February 2007. Wynn says that he spotted Joe a total of $2.8 mil, but has only seen $800k of that.

Ronn Torossian, spokesperson for Mantra Entertainment, Joe's production company, says, "As far as Mr. Francis is concerned, all of his balances with the Wynn Hotel have been fully lived up to, per prior agreements."