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A preliminary hearing has been scheduled for Anargyros Karabourniotis, better known as Archie Karas, on February 27. He is accused with cheating a San Diego, California area casino through the use of an alleged card-making device. Karas has won and lost millions of dollars over the years.
Karas was extradited from Nevada to California last October to face charges he cheated the Barona Casino out of more than $8000. He entered a “Not Guilty”
The 62-year-old Karas, a high-stakes gambler known for a winning streak from 1992 to 1995 that earned him $40 million, is accused of marking blackjack cards. Prosecutors say the Barona Gaming Commission caught him on surveillance video. He was arrested in his Las Vegas home.
Karl Bennison of the Nevada agency said they have investigated Karabourniotis multiple times, and arrested him on four occasions. He described the defendant as a "threat to the gaming industry in many jurisdictions."
Karas faces up to four years in prison if convicted.
- Jagajeet Chiba, Gambling911.com
