Marina Bay Sands Drops S$10 Million Gambling Debt Lawsuit – Casino News Daily
Marina Bay Sands, one of Singapores two casino resorts, has dropped a S$10 million lawsuit against an Australian high roller who failed to pay a gambling debt he amassed at the property five years ago.
Local news outlets reported earlier this week that Marina Bay Sands filed a notice of discontinuance with the High Court of Singapore last week, thus putting an end to a five-year court battle.
Marina Bay Sands previously sought recovery of a casino debt worth S$9,996,250, plus interest of S$3,782,690 and costs of $7,398 from Australian VIP gambler Wang Zhi Cai. Mr. Wang played at the casino in April 2013 and January 2014, court papers showed. The high roller admitted to incurring losses at the gambling venue, it also became known….
Read the full article at: https://www.casinonewsdaily.com/2019/06/14/marina-bay-sands-settles-s10-million-gambling-debt-lawsuit/