Crown Casino Gets Sued by Australian Gambler for his $909 Million Lost
by Casino Blog, under News
An Australian gambler, Harry Kakavas is suing Crown Casino in Melbourne for A$50 million damages after a mammoth 14-month baccarat binge in which he lost A$37 million.
He claimed to be targeted by Crown managers despite his known gambling addiction. He was barred from entering any casino in Australia in 2007.
Court provided the proof of emails detailing a Crown plan to lure back Kakavas after the managers found out he lost millions of dollars gambling in Las Vegas before this.
Crown Chief Executive Rowen Craigie and Chief Operating Officer John Williams is facing accusations of unconscionable conduct while in charge of Crown, which this month reported revenue from table games and gaming machines up 4 percent as Packer looks to expand in Macau.
If found guilty, Crown could be judged to have breached Australia’s Trade Practices Act, state gambling regulations and special laws covering the high-profile casino’s operation.
Source: Reuters