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'Fat Man' sues top casinos for millions15 September 2008LONDON, England -- As reported by The Guardian: "He was one of the world's most prolific and secretive gamblers. The arrival at casinos in London of Fouad al-Zayat, the high roller know as the Fat Man, created panic and excitement and not a little rubbing of hands by management in their dinner jackets and black ties. "Over 15 years, the 20-stone Syrian billionaire lost more than £191m on the spin of the roulette wheel. But now he is biting back by taking six prestigious British casinos to court, claiming they illegally allowed him credit. "The move follows his recent victory in the High Court when his lawyers successfully argued that a £2m debt with Aspinalls of Mayfair should be wiped out because they allowed him credit. "...One casino official said his arrival at clubs would make staff tremble with excitement and alarm. Zayat would regularly give £5,000 tips. "...By 2000, his losses were beginning to match his winnings. The casino PR men who had feared his wins were now, he claims, encouraging him to play on, although he did not have ready cash..." |