Disgraced former NBCUniversal vice president Ron Meyer has spent more than $ 100 million on gambling, sources close to the Hollywood executive told DailyMail.com.
People close to the legendary former talent agent, who quit this month due to an affair with a young actress, have described Meyer’s extreme habits which have seen him lose up to $ 7 million in one gambling trip and rack up millions of debts at unscrupulous casinos. .
Meyer, 75, stepped down from his $ 25 million-a-year role earlier this month after revealing he had an affair in 2012 with British actress Charlotte Kirk, then 20, and claiming that others had tried to extort the date from him.
But despite his huge salary, sources said he was now struggling to get a ‘golden parachute’ or could face financial hardship.
Former NBC executive Ron Meyer has spent more than $ 100 million on the game, DailyMail.com can reveal
“ He would be blowing between $ 5 million and $ 7 million at Caesars, ” a source said, adding that the vice president of marketing at Caesars Atlantic City would send a helicopter to take him to his casino.
“Ron Meyer is one of the greatest craps players of all time. He blew north of $ 100 million over the years of his game. He played everywhere from Las Vegas to Atlantic City, ” a source told DailyMail.com.
“ He would stay in the penthouse suite at the Mandarin Oriental hotel in New York on business, and Caesars Atlantic City’s vice president of marketing would send a helicopter to take him to his casino.
Meyer was forced to resign earlier this month after blackmailers sent NBCUniversal a draft lawsuit detailing his affair with actress Charlotte Kirk
“ He would blow between $ 5 million and $ 7 million at Caesars. Once he exhausted his line of credit there, the VP would take him to Foxwoods and the Mohegan Sun in Connecticut where he would also be blowing $ 3-5 million at each location.
A source said that in the frenzy after the frenzy, Meyer would empty his own wallet and then go to casino executives for loans of up to $ 3 million to continue gambling.
“ It’s really not a good thing to do because the player is in heat and wants that money, but if you really care about your player you send him home, ” the source said. Don’t let him go into a losing streak and lose more money.
“ But it shows you how reckless the player is and how people in the industry don’t look like ** t. Because they get commissions on what you lose. So they want to take as much money out of you as possible.
“ In just one trip to all of these casinos, it could explode up to $ 10 million if things went wrong. It’s a lot of
A Meyer spokesperson declined to comment.
A source told DailyMail.com that Meyer was treated like a king when he visited gambling complexes, with casino executives arguing over his thirst for gambling.
“ He was probably in the top three most wanted whales in the gaming industry. Everyone tried to get him to play at their casinos, ” the source said.
“They would give him hundreds of thousands of dollars in promotional chips and discounts of up to 20% on his losses.
“He had access to the finest suites of all the casinos. He brought a helicopter to New York and flew it there. He would have a stretch limo to take him to the casino.
“ But he didn’t really care about the accommodation. He was there to play.
A source close to Meyer said the Hollywood legend, who co-founded the main agency CAA, kept his giant gambling debts hidden from his family – until the truth was revealed during his split from his second wife Kelly. Chapman (pictured together in 2017)
The Hollywood legend’s gambling habits have already been mentioned in the biographies of his fellow Hollywood scions.
CAA co-founder Michael Ovitz wrote in his memoir that Meyer twice asked him for help from the company to pay off a $ 5 million loan and a $ 6.5 million loan.
And according to James Miller, author of Powerhouse: The Inside Story of CAA, Meyer was “ once in the multi-million dollar hole ” in gambling debt to gangsters in the 1980s and 1990s.
“ This was not a casino on the Strip, ” Miller wrote in his 2016 book. “The ‘guys’ Meyer was on the hook to swim only in the bottom of the pool.”
The author said the only reason Meyer walked out of a late night meeting with the loan sharks with “ both legs working, genitals intact, ” was because he had obtained a loan from Ray Stark, producer of the hit films The Way We Were and The Goodbye. Girl.
A source told DailyMail.com that Meyer’s financial solvency is now on the line as he negotiates an exit deal with NBCUniversal – who previously had him under contract next year.
“It dramatically affected his life. It’s stress, it’s pressure every day ”.
“ Meyer was probably in the top three most wanted whales in the gaming industry. Everyone tried to get him to play at their casinos, ” a source said.
A source close to Meyer said the Hollywood legend, who co-founded the main agency CAA, kept his giant gambling habits hidden from his family – until the truth was revealed during his split from his second wife Kelly. Chapman.
Warner Bros. chief Kevin Tsujihara was sacked last year after interactions with Kirk became public
“ When he finally filed for divorce, his wife had no idea he was wasting this money, ” the source said. “ He had to sell his $ 125 million dream house in Malibu. It took a toll on his life.
“ In the divorce settlement, his wife asked for legal accounting because she believed he was hiding the money. But he wasn’t hiding the money, he just messed it up.
A friend of the Hollywood executive said his wife suspected something was wrong when Meyer started selling his assets – including a painting by Mark Rothko he bought for $ 900,000 which turned out be a fake.
The source said gambling debts have strained Meyer’s relationship with his family, already in turmoil after admitting to cheating on his second wife.
The 75-year-old Hollywood executive began an affair with then-20-year-old British actress Charlotte Kirk after meeting her in 2012.
At the time, he was still married to Chapman, who filed for divorce in 2018.
In his statement to resign from NBCUniversal, Meyer said he was forced to sign a deal with Kirk to keep his “ very brief and consensual affair ” calm, after boyfriend and ex-boyfriend De Kirk allegedly threatened him with lawsuits that would publicly reveal the date and smear the business.
Meyer said he asked the FBI for help with the alleged extortion, but both men denied the allegations.
Kirk was also implicated in the downfall of another top movie executive a few months earlier: Former Warner Bros. boss Kevin Tsujihara was ousted after their 2013 affair came to light in March of the last year.