Caesar's claims she owes $160,000 in gambling debts and Bally's claim is $75,000. They are both asking the Bankruptcy Court not to forgive the loan and force her to pay. Gail admits she borrowed the money from the casinos, but claims they knew about her financial situation and allowed her to borrow the money anyway. For some reason, I really doubt that.
Gail also owes money to credit cards, mortgage companies, family, friends, colleagues, and the IRS. She's also currently going through her 5th divorce. Her estranged fifth husband said "Gail makes a great living but not enough to support her gambling habit!" Her friends have attempted to intervene and Gail's response is "gambling's not illegal, so leave me alone."
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Will Wilhelmina completely take over Mode fashion magazine, or will she be taken down?
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