Queensland Appeal Court Won’t Toss Case Against $30M Baccarat Whale
A Singaporean baccarat high up roller with ties to the online betting industry is beingness chased for a A$43 jillion (US$30 million) play debt by the Star Gold Coast Casino inwards Queensland, Australia.
Billionaire Dr. Wong Yew Choy failed inwards his adjure to get the display case thrown come out of the Queensland Supreme royal court on Friday.
Wong arrived at the Gold Coast venue on ane of the casino’s private jets inward July 2018, according to the complaint from manipulator Star Entertainment,
The mellow roll was precondition A$40 1000000 (US$30 million) inwards chips, which he lost within tercet days. The casino then gave him an additional A$10 million (US$7.6 million). After a week at the tables, he left hand the casino incisively A$43,209,853.34 (US$32,887,019.38) inward the red, according to Star. This included a hotel vizor of over A$420,000 (US$320,000).
The chips were extended as credit, to follow settled later, which is non unusual for a high roll of Wong’s standing. He submitted as security department two white checks, leaving the cassino to fill inward the particulars. But they bounced when the gambling casino tried to cash in them.
‘Unjustified Oppression’
Star initially pursued the debt through and through the Republic of Singapore courts, but they sided with the billionaire. That’s because the city state’s Civil Law Act prohibits the regime from assisting strange companies seeking to reimburse debts related to abroad gambling.
In his movement to hold the showcase dismissed in the Queensland Margaret Court of Appeals, Wong argued the capital of Singapore ruling should stand, and farther judicial proceeding represented “unjustified oppression” against him, which “brought the judicature of justness into disrepute.”
He is over again forced to confront the same allegations inward a different proceeding … which constitutes the vexation inherent in Star’s conduct,” Wong’s lawyers wrote. “This is a example where Star has intermeshed inward ‘staged conduct’ of judicial proceeding using this court’s processes to ‘hedge its bets.’”
He also argues he shouldn’t get to make up the money because the dealers kept on making mistakes.
But appeals court of justice judges were non convinced.
“Dr. Wong should non make considered that his difference of opinion with Star was at an finish erst the Singapore proceeding was dismissed,’ they wrote.
In April, a Supreme Court jurist permitted the display case to proceed, describing it as a “relatively straightforward” exact for amends that should be determined on its merits.
Wong is Former SBOBET Director
Wong is a former manager of Celton Manx, which owns SBOBET. This was the first off Asian betting companionship to patronise an English language Premier League team, Rebecca West Ham United.
A spokesperson for Celton Manx told Casino.org that Wong resigned from the posture inward March 2019. That’s as shortly the society became aware of his contravention with Star.
Wong owns the Zac Stable in Singapore, which has produced several winning racehorses trained by Australian Clifford Brown.
His lawyers describe him as a “highly respected frequenter of casinos around the world, who is on a regular basis provided with concessions and incentive packages.”