πŸ”₯ High-Rollers from China make Singapore Casinos see RED | Hong Kong Lawyer

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Letters to Hong Kong Lawyer. Exclusively Online. Environmental Law. Offshore Law. From the Council Table. Trade Law. President's Message. Law Society News. Some of the or so operators there have been associated with triads, or criminal gangs, which are notoriously efficient in collecting money. Wildlife Law. Courts and Judicial System. Cover Story. Anti-Money Laundering. Case Updates. This means that even if a casino obtains a judgment in a Singapore court, it also has to sue the gambler in China. But more than six months on, the casino has not even managed to serve court papers to the Macau-based woman.

Jump to navigation. Company Law. Chinese Customary Law. Professional Moves. Land Law. Practice Skills. Data Privacy. Anti Money Laundering. Dispute Resolution. Banking and Finance. Contempt of Court. Singapore does not have reciprocal enforcement of judgments with China, except for Hong Kong.

Disciplinary Decisions. Lawyers at Leisure. Legal Market. Industry Insights. After several letters of demand macau casino sues chinese high rollers unanswered for months, it tapped a Singapore law firm to sue the year-old, court documents show. From the Secretariat. It was not immediately known what she played at the tables, but baccarat is the game of choice for high rollers at the exclusive Crockfords Club at Resorts World and in Paiza at Marina Bay.

Legal Trivia Quiz. Editor's Note. The two casinos have sued at least three Chinese gamblers to recover millions of dollars but court documents reviewed by Reuters show they have not been able to get any money from them so far. Search form.

Chinese nationals account for around half of the VIP gaming volume at their tables. Family Law. Criminal Sentencing.

Singapore only has three junket operators, which are heavily regulated and must renew their licences each year as the city-state seeks to maintain its image as a clean and safe business and tourist destination. Insurance Law. Hong Kong. Investment Law.

Genting Singapore declined comment.

An examination of court documents by Reuters and a series of interviews with lawyers and industry executives reveal that several of the gamblers have run up millions of dollars in debt and then scampered back to China, where they are effectively untouchable. Campus Voices. But here, more of them skip town without paying their debt, a matter of increasing concern for investors. Book Review. Resorts World filed 11 cases in and one in These cases relate to all manner of claims, not just gambling debts. Market Reaction. Civil Procedure. So, when faced with bad debts, casinos negotiate with the gamblers, and as a last resort, file suits in court. Intellectual Property. But as gambling debt is considered a civil, not criminal, issue in Singapore, gamblers who fail to pay will not be arrested. Other gaming company analysts said the numbers were not yet a huge worry, but they were watching the increase with concern. They are bringing in people who are playing million-dollar hands. Constitutional Law. Practice Management. Human Rights. Mental Health. May Marina Bay Sands did not give details of the cases.