CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News
 

Chips Are Down: Jailed High-Roller Warns of Casino Risk

9 January 2006

AUSTRALIA -- As reported by the Sunday Times: "Crown Casino's biggest gambler was blowing more than $10 million a visit before being jailed for 42 years.

"High-flying Singapore executive Chia Teck Leng has detailed staggering losses at the Melbourne casino.

"Chia bet the house maximum of $280,000 a hand on Crown's private blackjack tables during 50 trips over three years.

"He was arrested in 2003 and jailed over a global fraud that saw $190 million in stolen funds stashed in his Crown membership account.

"In a tell-all story of his downfall, written from behind bars in Singapore's Changi Prison, Chia warns of the perils of high-roller gambling.

"...After his arrest, Chia, now 45, was told by police he was the world's second-biggest casino gambler..."

< Gaming News