Celebrity Justice
Francis' Bad Gamble Could Cost Him His Home

Joe Francis went from the big house to a really big Bel Air house that he could now lose because of a gambling debt.

TMZ has obtained legal documents, asking the California courts to honor a judgment Las Vegas mogul Steve Wynn obtained against Francis a few months back in a Nevada court.

Francis stiffed Wynn to the tune of $2 million by refusing to pay back a gambling marker. That judgment has swelled to $2,942,272.50 -- that accounts for 18% interest on the debt -- which Joe incurred 2 1/2 years ago.

Wynn's lawyers want California to honor the judgment, so they can go after Francis' California assets, which include a Bel Air mansion.

As for Joe's reaction ... He tells us "I was told this matter had been settled by my attorney and I'm currently looking into it."

Tags: casino, gambling, gambling debt, GamblingDebt, joe francis, JoeFrancis, las vegas, LasVegas, steve wynn, SteveWynn

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(Page 1 of 3) | 1 | 2 | 3 | Most Recent | Next 15 Comments

1. First beeeeetch

Posted at 8:56PM on Sep 30th 2009 by ZippyT.Pinhead

2. Sounds like He's going down.
All kinda started with putting underage girls in His videos.Didn't it Joe?

Posted at 8:59PM on Sep 30th 2009 by Change 2010

3. I wanted to say I was first again, mainly because I am a flaming HOMO!!!

Posted at 9:01PM on Sep 30th 2009 by ZippyT.Pinhead

4. A fool and His folly.

Posted at 9:01PM on Sep 30th 2009 by Change 2010

5. LOL....Finally someone told zippy the truth...LOL

He sure sounds like a fudge packer.

Posted at 9:03PM on Sep 30th 2009 by Ouch!

6. LOL...Poor zippy, you just ruined his evening home alone with his palm.

Posted at 9:05PM on Sep 30th 2009 by ouch!

7. I have the same last name Wynn..I wish i was related to him.

Posted at 9:06PM on Sep 30th 2009 by what a fool he is

8. I have the same last name Wynn, wish I was related to him..

Posted at 9:10PM on Sep 30th 2009 by same last name

9. CHILD RAPIST DIRECTOR POLANSKI BOYCOTT - All the actors, film makers, movie studios who are defending this child rapist. There is no such think as consent given by a 13 year old girl to an adult, it is against the law. Whoopi, lost all credibility, Harvey Weinstein I am not ever going to see his movies agains, Debra Wingers is a has been anyway. Martin S. lost many fans as well. Americans have our own petition. Hit Hollywood in the pocket. Pass this email around to all websites.

Posted at 9:14PM on Sep 30th 2009 by Brandon

10. wtf rich people not paying up ....how gay hes worth like 100 million

Posted at 9:15PM on Sep 30th 2009 by Scott

11. I don't feel sorry for him at all. He has used women for so long--- and they let him... And he has profited from it...

Posted at 9:25PM on Sep 30th 2009 by Joanne

12. I love Steve Wynn, not just because of his power and success, but because he's truly a nice down-to-earth guy with a great sense of humor and remembers who made him rich in the first place. I've had the pleasure of knowing him for several years. So naturally, I hope he prevails in court. But not because I like him, but because his suit is legitimate, and because Joe Francis needs to pay his debts. I am soooooo hopeful (but know it won't happen) that the days of celebs, even sub-par scumbag ones like Francis, getting a pass on paying their just debts is dwindling. But no... for every Steve Wynn who won't let them get away with it, there are a dozen more who take perverse pride in celebs owing them money. So just pay the money, Francis, then go off and do whatever current sleazy project you're into.

Posted at 9:26PM on Sep 30th 2009 by SianP

13. I love Steve Wynn, not just because of his power and success, but because he's truly a nice down-to-earth guy with a great sense of humor and remembers who made him rich in the first place. I've had the pleasure of knowing him for several years. So naturally, I hope he prevails in court. But not because I like him, but because his suit is legitimate, and because Joe Francis needs to pay his debts. I am soooooo hopeful (but know it won't happen) that the days of celebs, even sub-par scumbag ones like Francis, getting a pass on paying their just debts is dwindling. But no... for every Steve Wynn who won't let them get away with it, there are a dozen more who take perverse pride in celebs owing them money. So just pay the money, Francis, then go off and do whatever current sleazy project you're into.
(sorry if this posts twice, the TMZ posting service is acting weird on me again)

Posted at 9:31PM on Sep 30th 2009 by SianP

14. Dude goes wired for da CHAIR!!!ZAP!

Posted at 9:40PM on Sep 30th 2009 by FRY DADDY

15. Dumb jerk. You don't fool around with big casino owners in Las Vegas

Posted at 9:49PM on Sep 30th 2009 by rachelle

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