Singapores International Commercial Court has revealed that its 2019 ruling against Australias Star Entertainment Group in its quest to recoup AU$43.2 million (US$30 million) from a Singaporean businessman who refused to repay his gambling debts was due to public policy aimed at protecting Singapores interests.
The case, described as the largest casino debt case ever filed with a Singapore court, had seen the Australian casino operator pursue 55-year-old Wong Yew Choy for money he lost on the VIP tables at The Star Gold Coast in 2018.
Wong alleged that a senior casino executive promised he would not be liable for his losses up until 29 July 2018 due to mistakes made by a baccarat dealer, nor would he be liable for any future losses if…
Read the full article at: https://www.asgam.com/index.php/2020/07/12/singapore-court-says-public-policy-behind-2019-ruling-against-australias-star-entertainment-group-in-au43-million-gambling-debt/