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IN RE CHOMAKOS

No. 94-1712.

69 F.3d 769 (1995)

In re George CHOMAKOS and Nikki Chomakos, Debtors. David W. ALLARD, Jr., Chapter 7 Trustee of the Estate of George Chomakos and Nikki Chomakos, Appellant, v. FLAMINGO HILTON, Appellee.

United States Court of Appeals, Sixth Circuit.

Decided November 13, 1995.

Rehearing and Suggestion for Rehearing Denied December 20, 1995.

Attorney(s) appearing for the Case

Sheldon S. Toll (argued and briefed), Honigman, Miller, Schwartz & Cohn, Detroit, MI, for David W. Allard, Jr.

Scott M. Mahoney (argued and briefed), Las Vegas, NV, for Flamingo Hilton.

Before: NELSON, RYAN, and McKAY, Circuit Judges.

Rehearing and Suggestion for Rehearing En Banc Denied December 20, 1995.

DAVID A. NELSON, Circuit Judge.

This is a bankruptcy case in which the trustee sought to recover pre-petition gambling losses from the operator of a state-regulated casino. The casino operator contended that the opportunity for the debtors to win more than the sums they bet, coupled with the entertainment value that the casino provided its customers, constituted "reasonably equivalent...

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