Casino High Roller Being Sued Over $14.1 Million Debt

Written by:
Gilbert Horowitz
Published on:
May/12/2014
Casino High Roller Being Sued Over $14.1 Million Debt

Melbourne’s Crown Casino is suing a gambler over $14.1 million they lent out to finance his gambling spree that reportedly left it nearly $8 million in the red.

High-roller Zhao Li is now being sued by the casino after Crown claims he has either refused or otherwise forgot to pay them back.

In court documents, Li is described as a Chinese National with a house in Melbourne.  They also illustrate how Li was routinely approved for multi-million dollar loans over the course of three years.

The court papers also describe him as an "ordinarily" resident in China, but that he had a five-bedroom mansion in Melbourne.

- Gilbert Horowitz, Gambling911.com

 

Gambling News

Top Betting Markets - May 16 - Free Picks Now 7-1-1

The Boston Celtics vs. New York Knicks Game 6 of the 2025 NBA Playoffs is your hot betting market this evening.  New York leads the series 3-2 and could eliminated the Celtics, who are without Jayton Tatum.  Over $71 million has been bet on this series at Kalshi alone thus far.

Syndicate