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Newcastle FC owner gambles away 970K quid at a casino

January 25, 2011 - London

Newcastle United football club owner Mike Ashley blew up a staggering 970,000 pounds in just a couple of hours gambling at a casino, the Daily Mail has reported.

Ashley and team manager Alan Pardew, who initially hit a winning streak and scooped up 130,000 pounds, then went on to lose a huge amount on craps - a game of dice - in a single session.

Forty seven-year-old Ashley embarked on his disastrous run at around 2 a.m., apparently losing the first 30,000 pounds in just 'about ten minutes'.

Both finally left at 4 a.m., and by that time, had lost 970,000 pounds.

Ashley didn't seem to be bothered at all by the loss, and had a smile on his face while tipping the dealer 700 pounds.


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