Philip H. and Anna Friedman - Page 7

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            and preferred the tables with a large minimum bet.  While Philip                               
            gambled, petitioner would either play at a different table or go                               
            shopping.  Petitioner was aware of the amount of time Philip                                   
            spent gambling, and they would often argue about it.                                           
                  Philip gambled with large amounts of money.  He often signed                             
            markers to the casinos to get more cash with which to gamble.                                  
            Philip tried to pay off the markers before they could be noticed                               
            by petitioner.  When petitioner was with him, Philip tried to                                  
            hide the size of his bets and his winnings or losings from her.                                
                  Petitioners would often go together or with the Lermans for                              
            an evening at the racetrack.  Petitioner would make small bets                                 
            during the evening, while Philip made larger, more substantial                                 
            bets.  He tried to keep the tickets hidden, or show petitioner                                 
            tickets with smaller bets, so that she would not know how much                                 
            money he was risking.  Petitioners even invested in racehorses.                                
            They had an interest in several racehorses during the years in                                 
            issue.                                                                                         
                  For the years in question, Philip reconstructed the amounts                              
            expended on gambling as follows:                                                               
                         Cash        Marker       Personal Checks                                          
            Year     Philip            Checks         to Casino         Total                              
            1981  ---    --- ---   1                                                                       
            1982     $72,800       -0-                  -0-                $72,800                         
            1983     137,400         $36,000            $8,300             181,700                         
            1984      76,800         119,500            31,500             227,800                         
            1985         63,500      112,500                  500              176,500                     
                                                              500658,800                                   
            Total                                                                                          
                  1 Petitioner did not provide any evidence of gambling                                    
            expenditures for 1981.                                                                         




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