KL court rules in favour of Wynn Macau in case against local fund manager

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This marks the first time a casino has been allowed to recover dues in the country.

 

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KL court rules in favour of Wynn Macau casino in US$4.2m case, lawyer says | Malay MailKUALA LUMPUR, Jan 19 — A Malaysian judge yesterday ruled in favour of Wynn Macau in a case against a fund manager who owed the casino millions of dollars, the company’s lawyer said, the first time a casino has been allowed to recover dues in the country. Wagering or gaming contracts are not...
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KL court rules in favour of casino in RM17.3 million case | The Malaysian InsightKL court rules in favour of casino in RM17.3 million case If it's just a loan agreement, what did Paul pledge as collateral? If it's a loan agreement, can Paul take the money and gamble at other casinos? If no collateral provided and he can't used the money elsewhere, it is prima facie a wager contract. Good grounds to appeal.
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