TMZ: Charles Oakley arrested in Las Vegas casino after charges of cheating

Charles Oakley shown here coaching the Killer 3s in a Big3 summer basketball game

Further details were not available, but TMZ reported that Oakley pulled back a $100 chip after he realized he was going to lose his wager.

"This is an insignificant matter that will be quickly resolved", a source from Oakley's camp told TMZ.

Charles Oakley during his time with the Toronto Raptors. The team played in Oakland, Calif., two days before the incident and has a game in Detroit on Friday. If convicted he could face up to six years in prison. Its attorneys produced incident reports that detailed "a 2005 incident in which he allegedly punched a Bellagio security supervisor, a 2006 incident in which he allegedly threw dice at a Bellagio employee and a 2007 incident in which he allegedly smashed a champagne bottle on the ground", Newsday's Jim Baumbach reported. He was then taken into custody at 5:30 PM and booked into Clark County Detention Center.

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The 54-year-old former New York Knicks power forward was detained on July 8 after seeking to add or reduce his bet on a casino table game, according to the Nevada Gaming Control board.

Oakley now serves as a head coach in Ice Cube's three-on-three league, BIG3.

The No. 9 overall pick in 1985 out of Virginia Union, Oakley spent 19 years in the National Basketball Association. Dolan suggested Oakley was drunk and heckling him, and Oakley was arrested for assault, harassment and trespassing. Oakley later agreed to a plea deal to have the charges dropped and subsequently filed the civil suit.

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