Police reveal what could be a possible motive in the Las Vegas shooting

According to Clark County Sheriff Joe Lombardo, Stephen Paddock — the man responsible for the deadliest mass shooting in the U.S. — was a "status-driven," high-rolling gambler who had been steadily losing money for two years.

In a wide-ranging interview with KLAS-TV in Las Vegas on Wednesday, Lombardo revealed that Paddock may have seen his image declining.

What does this have to do with a motive?

"He was going through some bouts of depression. But he was status-driven,” Lombardo told KLAS in the interview, which was given in an attempt to clarify the murkiness surrounding the October shooting.

"Since September 2015, he's lost a significant amount of wealth, and I think that might have been a determining factor on what he was determined to do," Lombardo added.

Lombardo added that Paddock was "status-driven," and "liked to be recognized in the casino environment," as well as by his friends and family.

"Obviously that was starting to decline in the short period of time and that may have had a determining effect on why decided to do what he did," the sheriff reasoned. "He was going in the wrong direction."

Lombardo said that investigators still aren't sure what set off Paddock when he began stockpiling weapons and ammunition and began what appeared to be scouting endeavors, seeking out different venue locations around the country.

Lombardo said that while he believed that Paddock's decline in casino presence and financial status may have been a factor in the shooting, authorities are still investigating as to whether there was a particular incident that triggered the October event.

"Obviously he took a long time to think this out," Lombardo added.

The sheriff also confirmed that Paddock's girlfriend, Marilou Danley, is still considered a "person of interest."