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High Roller Sues Casino
Australian high roller Harry Kakavas has initiated litigation against Melbourne's Crown Casino, alleging that he lost millions in a A$1.4 billion (GBP548.5 million) 14 month gaming spree in which his addiction to gambling was
exploited by casino managers.
Kakavas, who is a property developer, is suing the casino for A$50 million damages after a mammoth baccarat binge in 2007 in which he lost A$37 million. At the time, Kakavas had been barred from every casino in Australia and had been so since 2004. Court documents in Melbourne allege that emails detailed a Crown plan to lure back Kakavas after managers discovered he had lost millions of dollars gambling in Las Vegas.
Supreme Court documents revealed that Kakavas wore a concealed recorder that captured casino managers at the Crown attempting to lure him back to its riverside baccarat tables.
Approached by Reuters news agency for comment on the case, Crown spokesman Gary O'Neill said: "We have no intention of responding to the allegations made publicly. We are defending the action vigorously."
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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