Archie Karas, the man who turned $50 into $40 million at Las Vegas casinos in the early 90s, recently became the 33rd person to be written up in Nevada's "Black Book".
Karas, 64, has been cheating at card games since the 80s, and he has been arrested multiple times since he was caught cheating for the first time in 1988 at the Flamingo Reno for marking cards. As recently as last year, he was placed on a three-year probation for cheating at the Barona Casino in San Diego.
Aside from casino games, Karas played high stakes poker against legends such as Chip Reese, Johnny Moss, Stu Ungar and Doyle Brunson during his incredible winning streak in the early 90s. (He is rumoured to have lost the entire $40 million profit between 1995 and 1996). According to Hendon Mob, he has won $204k playing live tournament poker.
Source: Las Vegas Review-Journal
