Wang Wins by Waiting out MBS

Marina Bay Sands has given up its efforts to recover some $10 million in gambling debts from an Australian-Chinese business tycoon. On June 6, the Singapore resort filed a notice of discontinuance in the case.

Marina Bay Sands will no longer try to chase down an Australian-Chinese businessman to recover some $10 million in gambling debts. On June 6, the Singapore resort filed a notice of discontinuance in the multi-year case against Wang Zhi Cai.

According to the Straits Times, Wang racked up the debt during two visits to Marina Bay Sands in April 2013 and January 2014. In 2017, a Singapore court issued a default judgement against Wang, who had failed to respond to repeated attempts by MBS to contact him at his listed Australian address. A Sydney judge then granted MBS permission to claim the debt against Wang’s Australian assets, but the Singapore High Court set aside that judgement in January.

Wang claimed that he had funded his play through a junket operator and did not owe anything to Marina Bay Sands.

With the final disposition of the case, an MBS spokesman said the property looks forward to inviting him back “as a valued patron in the near future.”