Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
This site is for accredited investors, professional investors, investment managers and financial professionals only.
You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Australia Court Orders Singapore Citizen Dr Wong Yew Choy to Repay $26 Million (AUD 38.7 Million) to Star Gold Coast Casino for Gambling Loans, Losses, Interest & Indemnity Costs, Had Incurred AUD 43 Million Debt Over a Few Days in 2018, Instructed Bank Not to Honour Cheque Payment, Filed Complaint to Casino Chief Operating Officer of Mistakes Made by Baccarat Dealers Resulting in Losses & Informed by COO to Continue to Gamble Without Needing to Pay Losses, COO Issued Letter of Apology But Did Not Mention Waiving Debt, Casino Sued Dr Wong in Singapore in 2019 and Lost the Case as Singapore Law Disallows Recovery of Gambling Debts Except under Certain Conditions
13th September 2024 | Hong Kong
An Australia court has ordered Singapore citizen Dr Wong Yew Choy to repay $26 million (AUD 38.7 million) to Star Gold Coast Casino for gambling loans, losses, interest & indemnity costs. Dr Wong had incurred AUD 43 million debt over a few days in 2018, and instructed his bank not to honour a cheque payment. Dr Wong had complained to the casino Chief Operating Officer (COO) of mistakes made by baccarat dealers resulting in losses, and was informed by the COO to continue to gamble without needing to pay the losses. The COO issued a letter of apology but did not mention waiving debt. The casino sued Dr Wong in Singapore in 2019 and lost the case as Singapore law disallows recovery of gambling debts except under certain conditions. Star Gold Coast is owned by the Star Entertainment Group ($866 million market value), which owns casinos in Sydney Darling Harbour, The Star Gold Coast and the Gold Coast Convention & Exhibition Centre.
“ Australia Court Orders Singapore Citizen Dr Wong Yew Choy to Repay $26 Million (AUD 38.7 Million) to Star Gold Coast Casino for Gambling Loans, Losses, Interest & Indemnity Costs, Had Incurred AUD 43 Million Debt Over a Few Days in 2018, Instructed Bank Not to Honour Cheque Payment, Filed Complaint to Casino Chief Operating Officer of Mistakes Made by Baccarat Dealers Resulting in Losses & Informed by COO to Continue to Gamble Without Needing to Pay Losses, COO Issued Letter of Apology But Did Not Mention Waiving Debt, Casino Sued Dr Wong in Singapore in 2019 and Lost the Case as Singapore Law Disallows Recovery of Gambling Debts Except under Certain Conditions “
- Article continues below -
Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle
Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
The 2025 Family Office Summit10th April & 16th Oct Hong Kong St Regis | 17th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Australia Court Orders Singapore Citizen Dr Wong Yew Choy to Repay $26 Million (AUD 38.7 Million) to Star Gold Coast Casino for Gambling Loans, Losses, Interest & Indemnity Costs, Had Incurred AUD 43 Million Debt Over a Few Days in 2018, Instructed Bank Not to Honour Cheque Payment, Filed Complaint to Casino Chief Operating Officer of Mistakes Made by Baccarat Dealers Resulting in Losses & Informed by COO to Continue to Gamble Without Needing to Pay Losses, COO Issued Letter of Apology But Did Not Mention Waiving Debt, Casino Sued Dr Wong in Singapore in 2019 and Lost the Case as Singapore Law Disallows Recovery of Gambling Debts Except under Certain Conditions
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
Quick Links
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2021 Data Release
2020 List of Private Banks in Hong Kong2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office2020 Top 10 Largest Multi-Family Offices2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Web links may be disabled on mobile for security. Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membership [email protected], [email protected] For Listing, Subscription [email protected], [email protected] For Press Release, send to: [email protected] For Events & Webinars [email protected] For Media Kit, Advertising, Sponsorships, Partnerships [email protected] For Research, Data, Surveys, Reports [email protected] For General Enquiries [email protected]Caproasia | Driving the future of Asia
a financial information technology co.
since 2014
