Australia’s Star Gold Coast Casino sues Singaporean high-roller over $30M debt

Australia’s Star Gold Coast Casino sues Singaporean high-roller over $30M debt

Queensland, Australia-based Star Gold Coast casino resort has confirmed that it has filed a lawsuit against a Singaporean gambler who allegedly fled back to his native country without clearing his debt that he owes to the gaming property.

According to the Stars Entertainment Group, which owns the Star Gold Coast casino resort, Dr. Wong Yew Choi, a well-known high roller, fled after racking up a whopping $30 million gambling debt.

Dr. Choi, reportedly used the company’s private jet to arrive at the gaming property, where he was provided with a welcome AUD $200,000 (US$140,000) in the form of gaming chips. In exchange, the VIP gambler signed a check for credit totaling AUD$40 million (US$28 million). From 26th of July 26 to 1st of August, he gambled on baccarat tables, with his final debt totaling AUD $43.2 million (US$30.9 million).

In July of this year, the Singapore Supreme Court dismissed the casino giant’s lawsuit against Dr. Choi seeking the recovery of his gambling debts. The apex court of the City State cited Section 5(2) of the Singapore Civil Law Act that prohibits the government from assisting overseas companies seeking recovery of debts related to gambling activities.

Dr. Choi is the chairman of the Isle of Man-based online gaming & software firm called Celton Manx. The firm is reportedly the first interactive gaming business to be licensed to operate internet table games with live dealers in the country.

The dismissal of the case by the Supreme Court of Singapore prompted the casino operator to take its legal battle against the Singaporean high-roller to its home court system.

Attorneys for Dr. Choi their client denied paying the alleged debt because the baccarat dealers at the Star Gold Coast casino resort made several mistakes during his time at the tables. The attorneys argue that Dr. Choi had become so much furious with dealers’ mistakes that he had to inform the VIP room managers that he was done. The high-rollers also argue casino staff persuaded him to keep on playing by assuring that he wouldn’t be liable for any further gambling debts.

The Singaporean high-roller also claims he was seduced by VIP marketing executive Teazel Yaw to continue gambling at the casino.

The Stars Entertainment Group, which also owns and operates The Star Sydney and Brisbane’s Treasury Casino, denied Mr. Choi’s all those accusations and said it was his way of trying to get out of clearing his liabilities.