Casino High Roller Being Sued Over $14.1 Million Debt

Submitted by Gilbert Horowitz on

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Gilbert Horowitz

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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

 

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