Star Entertainment Group is reportedly suing Singaporean high roller Dr Wong Yew Choy for gambling losses of $43 million he piled up while playing baccarat over a five-day period last year at The Star Gold Coast in Queensland. Dr Wong is believed to have "rebuffed the allegations," stating his debt should be written off due to "dealer errors."

From Inside Asian Gaming:

While the loss itself isn’t in dispute, Wong alleges that a senior casino executive promised he would not be liable for his losses up until 29 July 2018 due to mistakes made by a baccarat dealer, nor would he be liable for any future losses if further mistakes were made. When another mistake was made on 1 August, Wong immediately stopped playing, his representatives claim.

Also in dispute is the nature of The Star Gold Coast’s loan to Wong. According to Star Entertainment Group, Wong requested and was given a cheque cashing facility for AU$40 million, which was later increased by another AU$10 million.

Wong says he did not make any such request and was instead offered the AU$40 million credit directly.

Wong gave Star Entertainment Group a blank cheque on arrival which the company later filled out, only to find that Wong had cancelled the cheque upon his return to Singapore.

“Dr Wong will contest the Singapore case as a matter of principle and intends to fully vindicate his decision to stop payment,” his lawyer, Abraham Vergis, is quoted as saying.
According to Daily Mail Australia, The Star Group is pursuing the debt "vigorously," adding that it is "disappointed the situation involving Wong Yew Choy has forced us to escalate the matter to the Singapore High Court ... We would not be wasting the court's time unless we felt our position was extremely robust."

Read more here: https://www.asgam.com/index.php/2019...gambling-debt/