Friday, May 02, 2003

Sphere: Related Content

The Former Drug Czar, and part author of a drug policy that has failed miserably, is a gambling addict:

Some of Bennett’s losses have been substantial. According to one casino source, on July 12 of last year, Bennett lost $340,000 at Caesar’s Boardwalk Regency in Atlantic City, and on April 5 and 6 of 2003 he lost more than $500,000 at the Bellagio in Las Vegas. Some casino estimates put his total losses over the past decade at more than $8 million. “There’s a term in the trade for his kind of gambler,” says a casino source who has witnessed Bennett at the high-limit slots in the wee hours. “We call them losers.”
Reached by NEWSWEEK, Bennett acknowledged he gambles but not that he has ended up behind. “Over 10 years, I’d say I’ve come out pretty close to even,” Bennett says, though he wouldn’t discuss any specific figures. “You can roll up and down a lot in one day, as we have on many occasions,” Bennett explains. “You may cycle several hundred thousand dollars in an evening and net out only a few thousand.”


Amazing how drug addicts get mandatory minimum sentences for possession, but the former Secretary of Education can indulge himself at will.

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