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Gold Coast Hotel & Casino is home of Nevada's largest bingo room with 720 seats and 8 games a day. View jackpots for each session. The two hotels are The Gold Coast Hotel & Casino and The Orleans Hotel & Casino. Both casinos are located west of the Las Vegas Strip and cater to locals looking for friendly, low-limit games, as well as visitors looking for something more casual and affordable than the expensive Strip mega-resorts. The Star Gold Coast Casino is chasing a $43 million debt from a Singapore-based high roller named Wong Yew Choy, who flew out of the country and cancelled a blank cheque which casino bosses were holding as collateral.
Updated April 02, 2019 14:49:27
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The Star Gold Coast is chasing a $43 million debt from a Singapore-based high roller who flew out of the country and cancelled a blank cheque casino bosses were holding as collateral.
Key points:
- Wong Yew Choy lost the equivalent of $8.6m each day during his stay
- The Star has launched legal action in the Singapore High Court
- Mr Wong says casino staff made 'errors' when he was gambling
Wong Yew Choy jetted into the Gold Coast in late July last year and spent five days playing baccarat at the recently revamped casino at Broadbeach.
The ABC understands Mr Wong handed over a cheque which would cover any potential losses during his stay.
Those losses quickly racked up, with the gambler losing the equivalent of $8.6 million for each day he spent on the Gold Coast.
The Star has now launched legal action in the Singapore High Court.
'We are pursuing the debt vigorously,' a casino spokesperson said.
'The Star is disappointed the situation involving Wong Yew Choy has forced us to escalate the matter to the Singapore High Court.'
Mr Wong is arguing casino staff made 'errors', which included a dealer exposing the gambler's cards when he wanted to reveal them himself.
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A letter was sent to Mr Wong by Star after he complained about the series of 'errors'.
It apologised for not following Mr Wong's gaming preferences.
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'This mistake, and the others you have experienced during your visit, have had no direct financial impact to you as, where necessary, appropriate compensation was provided at the time,' the letter said.
The letter made no mention of waiving Mr Wong's $43 million debt.
The Star Gold Coast said it is confident it will recoup the debt from the high roller.
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'We would not be wasting the court's time unless we felt our position was extremely robust,' the spokesperson said.
The ABC has contacted Mr Wong's Singapore-based lawyer and is waiting for a response.
Topics:gambling, law-crime-and-justice, broadbeach-4218, qld, australia, singapore
High Rollers Casino Gold Coast 2017
First posted April 02, 2019 14:25:26