Casino chases high rollers for millions in debts
- 9th August 2014
high rollers are taking Crown Casino for a ride, blowing
millions of dollars loaned by the casino to fund high-stakes
gambling sprees and then refusing to pay the tab.
part of its bid to claw back some of the losses the
gaming giant recently issued writs in the Supreme
Court against two high rollers who allegedly failed
to repay more than $12 million.
documents allege one gambler blew almost $3 million
in a 2012 spree, leaving only $25 in a safekeeping
account. The other VIP allegedly lost $9.6 million
in a single weekend in 2008.
high rollers are lured to the casino by perks including
free travel, food and alcohol, luxury accommodation
and VIP areas. Last year the highly-valued punters
brought in more than $790 million in revenue.
the casino has resorted to legal action against big
spenders who fail to settle their debts. In the latest
proceedings Crown claims Tu Jian racked up a $2.9
million debt after the casino agreed to increase a
line of credit from $1 million to $3 million on a
this trip only basis.
casino claims that, despite repeated requests for
payment, Tu Jian refused or neglected to settle the
debt. Documents show Tu Jian gave the casino a personal
cheque, which bounced, before paying $100,000 off
the debt in April this year. Crown also took $25 that
it was holding in the VIPs deposit account.
in July Crown launched legal action against Yan Li
Yan, who allegedly blew almost $10 million during
a weekend gambling spree six years ago. Documents
show Crown gave Yan Li Yan a $6.5 million line of
credit, which was later increased to $10 million,
but the Chinese high roller lost $9.6 million in two
days and has not paid off the debt.
Media has not been able to contact Tu Jian or Yan
May Crown filed proceedings against another Chinese
VIP, who allegedly failed to pay back $6.9 million
blown during a high-stakes gambling spree in 2011.
Documents show the VIPs credit limit had been
increased three times - to $13 million.
documents relating to lawsuits against other high
rollers, which have since been dropped, show the casino
was chasing two Chinese VIPs for allegedly failing
to pay separate $500,000 debts from 2010 and 2011.
spokeswoman Natasha Stipanov refused to comment.