Member Directory
Member Directory

Marina Bay Sands Settles Lawsuit with Disgruntled Gambler for $6.5M

Marina Bay Sands Pte., the holding company for the Singapore integrated resort of the same name operated by Las Vegas Sands (NYSE:LVS), is settling a lawsuit with a disgruntled gambler for $6.5 million.

Last year, Wang Xi, a Chinese gambler, sued Marina Bay Sands, claiming the operators moved money from his house account to those of other patrons without his permission. Wang sought the equivalent of S$9.1 million (Singapore dollars), which converts to $6.5 million based on current exchange rates.

Wang said the non-authorized transfers took place in 2015 and his litigation against the gaming company compelled local authorities to look into Sands’ protocols pertaining to house accounts.

There is a ‘non-admission’ of liability from both sides as part of the settlement,” reports Bloomberg, citing an unidentified source.

Read the source article at Casino.org

Find an Attorney

The National Trial Lawyers stands as an esteemed, exclusive association comprising top-tier trial attorneys nationwide. Whether you require a Civil Plaintiff Lawyer or a Criminal Defense Lawyer in your state, our network ensures access to premier legal expertise tailored to your needs.
Find Attorney

Read More Legal News

© Copyright 2022, All Rights Reserved | National Trial Lawyers
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram