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ASPINALL'S LOSES 'FAT MAN' CASE

A Syrian "whale" who wagered millions in Aspinall's land casino in London's swanky Mayfair district won a legal bid to avoid paying a GBP 2 million debt in a London court this week.
 
The Times Online reports that Syrian billionaire and high stakes gambler Fouad al-Zayat won his High Court case against Aspinall's, following a claim by the latter (see previous InfoPowa report).
 
Known in gambling circles as the “Fat Man”, al-Zayat had contested the Aspinall’s claim over the sum, which he lost in a single night on March 10, 2000. The gambler launched a counter-claim for the return of GBP 10 million, which he said was lost during a period of “unlawful credit”, but this was rejected by Mr Justice Teare.
 
Having paid for his chips with a GBP 2 million cheque on the fateful night, al-Zayat subsequently ordered his bank not to honour it when it was presented. The judge found that he had written to the club complaining of a problem he had with a croupier and that there had not been a fair game.
 
Afterwards, he continued to visit the club, paying for his chips by debit card payments or third party cheques, but the scale of his betting fell from millions to tens and hundreds of thousands of pounds per night.
 
Between March 2000 and April 2006 - just after the club launched its claim - he had gambled GBP40.8 million and lost GBP10.5 million. The judge found that al-Zayat had visited Aspinall’s on an irregular but frequent basis since October 1994. Up to 2006, he had gambled GBP91.5 million and lost GBP23.2 million.
 
His gambling had grown until, in 1999 and 2000, he was gambling in excess of GBP1 million in a single night.
 
al-Zayat argued that after his cheque for GBP2 million had been dishonoured on his instructions, Aspinall’s had, within the meaning of the 1968 Gaming Act, allowed him unlawful credit in respect of those losses.  The club responded that all it had done was to forbear from suing al-Zayat and that such forbearance could not amount to providing or allowing him credit.
 
Dismissing Aspinall's claims, the judge commented that as a judge at an earlier hearing had remarked: “This is one of those cases which have everything to do with law and nothing to do with justice.”
 
He concluded that, at a meeting in February 2001, the club did allow al-Zayat 12 months credit in respect of the GBP2 million loss. Since credit had been allowed for that period, the claim on the cheque was unenforceable.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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