If you know anything about Oak, you know he’s been known to wager from time to time. This is no secret. Back in 90’s he was going to toe to toe with Jordan on the court, but he was he was one of his best gambling buddies off of it. We all know how much Jordan likes to gamble (one of my favorite conspiracies is Jordan was suspended for gambling in the mid-90’s, which is why he went and played baseball), so you know Oakley knows his way around a casino.
But a Vegas trip last week has Oak in some trouble. The good news is it’s not like he owes any sketchy people large amounts of money, which is always a possibility when you gamble that much. The bad news is he was arrested for allegedly trying to cheat the casino all over a $100 chip that he was about to lose.
TMZ Sports has learned … the ex-NBA star was arrested at the Cosmopolitan on July 8 after allegedly trying to pull a fast one during a gambling session — and it was all caught on video.
Officials from the Nevada Gaming Board tell us Oakley “was suspected of adding to or reducing his wager on a gambling game after the outcome was known.”
Unclear what game he was playing at the time — but one source with knowledge of the incident says Oak tried to pull back a $100 chip after he realized he was going to lose.
Oak was confronted about the incident — and it was kicked over to a security team which reviewed the casino video footage … confirming the alleged cheating.
The 54-year-old was taken into custody at 5:30 PM and booked into Clark County Detention Center.
Not good, Oak! I’m not sure what his financial situation is like because you never know with these guys long after their career was over. You’ve heard all the stories of guys blowing through like $50 mil over their career. But a $100 chip? That’s when you decide to try and pull a fast one?
His people are saying this is no issue, but if he does get convicted he could be looking at some jail time.
Oak’s gambling charge is serious business — “to commit or attempt to commit a fraudulent act in a gaming establishment.” He faces between 1 to 6 years in prison if convicted.
A source close to Oakley tells us, “This is an insignificant matter that will be quickly resolved.”
At least Oak’s MSG ban is about to end next month.