Search   |  Contact  |  FAQs
 
Ticker disabled.
Home > Resource Library > News Articles & Announcements

Gambling Addict Ordered to Pay Back Loan
16 February 2010

From ABC News on Tuesday, February 16, 2010:

The Victorian Supreme Court has ordered a self-confessed gambling addict to repay more than a million dollars he lost at a casino in the Bahamas
AUSTRALIA -- The Atlantis Paradise Island Casino loaned Gold Coast businessman, Harry Kakavas, $1 million US in November 2006.

Mr Kakavas lost all the money in a five-hour stint at a baccarat table.

His lawyers had argued the casino took advantage of his gambling addiction.

Last year, Mr Kakavas lost a civil case against the Melbourne Crown Casino for $35 million he lost in an 18-month gambling spree.



< Previous Next >