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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 “
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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
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