Advertisement
Singapore’s Marina Bay Sands casino pays Chinese gambler US$6.5 million to settle suit
- Wang Xi sued the casino last year to recover the amount that he said had been sent to other patrons in 2015 without his approval
- Marina Bay Sands also agreed to allow the Chinese gambler back into the casino as long as he abides by its policies
Reading Time:2 minutes
Why you can trust SCMP
Singapore casino Marina Bay Sands has agreed to settle a lawsuit brought by a former patron, meeting his demand for a S$9.1 million (US$6.5 million) payment, according to a person familiar with the matter.
Advertisement
Marina Bay Sands, run by US billionaire Sheldon Adelson’s Las Vegas Sands, also agreed to allow Chinese gambler Wang Xi back into the casino as long as he abides by its policies, said the person, who asked not be identified because the matter is confidential.
A spokesman for Marina Bay Sands declined to comment. Wang also declined to comment through his lawyer at Rajah & Tann Singapore LLC.
Wang sued the Singapore casino last year to recover S$9.1 million that he said was sent to other patrons in 2015 without his approval. Singapore police also investigated Wang’s complaint, Bloomberg reported in May.
The out-of-court settlement in June ends a dispute that helped trigger probes of the Singapore casino by local authorities. There is a “non-admission” of liability from both sides as part of the settlement, the person said.
Advertisement
The US Department of Justice is also scrutinising whether anti-money-laundering procedures had been breached in the way the Singapore casino handles high rollers.
Advertisement