Londons Les Ambassadeurs Club casino is squaring off in court against yet another rich Saudi who doesnt want to pay their gambling marker.
Last Friday, a High Court ruling lifted a freezing order placed on the UK assets of Sheikh Salah Hamdan Al Balawi, who runs technology and communication consortium SAB Ventures. The ruling had been sought by the operators of Les Ambassadeurs after Al Balawi reportedly reneged on a 2m gambling debt.
Al Balawi (pictured) has been a patron of the members-only Mayfair casino for over a quarter-century, making over 150 visits to the property during that time. But the relationship soured after banks refused to honor 17 checks the sheikh left with the casino as collateral against a 2m gambling marker.
Th…
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