A wealthy gambler is apparently going to pay the $1.2 million he owes the Mohegan Tribe of
Connecticut.
Jerome Powers, a Florida millionaire, lost the money while gambling at Mohegan Sun. The tribe moved to seize his assets but he filed an appeal, claiming the dispute couldn't be heard in the Connecticut court system.
Powers appears to have changed his mind, however. "Jerry is currently in settlement discussions with Mohegan Sun to drop his appeal and pay his gambling obligations in full," a spokesperson for Plum TV, told The New York Post.
Get the Story:
Plum CEO ponies up
(The New York Post 3/23)
Related Stories:
Wealthy gambler challenges Mohegan Tribe
over $1.2M debt (3/21)
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