It's not known what game Oakley was playing at The Cosmopolitan, but TMZ reported the incident was captured on surveillance video.
The former National Basketball Association player is in some deep trouble now after he got himself arrested at the Cosmopolitan earlier this week, accused of cheating during a game.
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Oakley allegedly tried to take back a $100 chip he had bet after realizing he was going to lose. The agency said Oakley is suspected of "adding to or reducing his wager" on a game after the outcome was known.
Oakley was arrested by Nevada Gaming Control Board Enforcement Agents at the Cosmopolitan of Las Vegas. He was then booked at Clark County Detention Center at about 5:30 p.m. local time. If convicted of a first offense, the violator is subject to a sentence of 1-6 years in a state prison and a fine of no more than $10,000.
However, according to TMZ, Oakley's reps say, "This is an insignificant matter that will be quickly resolved".
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Oakley played for the Knicks from 1988 to 1998, helping them become one of the top teams in the Eastern Conference.
Oakley's Las Vegas arrest comes after a high-profile spat with the Knicks a year ago following his forcible ejection from Madison Square Garden during a game in February. Dolan suggested Oakley was drunk and heckling him, and Oakley was arrested for assault, harassment and trespassing. Criminal charges were dismissed in February of this year, but Dolan has banned Oakley from Madison Square Garden for life.
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