An Arab billionaire gambler known as the “Fat Man” won his High Court battle yesterday over £2 million lost in a night of blackjack at a prestigious London casino.
In a damaging judgment, Aspinall’s Club in Mayfair was found by Mr Justice Teare to have given illegal credit to Fouad al-Zayat in the hope that he would carry on gambling while trying to pay off his debt. That breach of Gaming Act principles meant the club failed in its attempt to recoup the money lost by the colourful businessman, who bounced the £2 million cheque after a row over a croupier.
For the complete story, please see Dominic Kennedy, 'Fat Man' wins legal battle over £2m gambling debt, The Times, September 4, 2008.
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