A three-year legal battle between the Atlantis resort and a self-confessed gambling addict may finally be ending, with an Australian court ordering the gambler to pay $1 million in gaming debt owed.
It's money Harry Kakavas racked up in loans from the casino nearly four years ago while on his honeymoon at the resort. The property developer tried to skate on his debt to the casino, alleging that the resort was aware of his gambling addiction and that it took advantage of that.
However, a justice in the Supreme Court decided that Atlantis had done its due diligence in searching Kakavas' credit history and that there were no conditions the resort would have been aware that affected his judgment and control over his gambling activities.
In a five-hour time span, Kakavas reportedly lost the full $1 million at a baccarat table in the Paradise Island casino.
Atlantis officials yesterday declined to comment on the matter.
This week's judgment, however, comes as the casino looks to further establish itself as the location of one of the largest poker tournaments in the world. The resort hosted the annual PokerStars Caribbean Adventure this year and has already booked the tournament for the next two years.
0 comments:
Post a Comment