Como é possível dever HKD320 milhoes a um casino?
jul25
MGM sues HK actor over HK$1.4 mln debt: Report
Hong Kong actor Jacky Heung has reportedly been sued by MGM China Holdings (MGM) over an alleged gambling debt, with the eldest son of prominent filmmaker Charles Heung having borrowed as much as HK$2 million (US$250,000/MOP2.06 million) from the casino operator.
As HK01 reported, the 41-year-old still owes MGM HK$1.4 million as of the time the news report was published.
MGM has already took the case to Hong Kong’s District Court to pressure him to repay the outstanding amount and 18 percent annual interest.
On 1 December 2024, Heung took out a loan and converted it into gambling chips. Under the terms of his agreement with MGM, he was required to repay the debt the same day.
Heung’s father, Charles Heung, is the chair of China Star Entertainment (00326), a Hong Kong-listed company involved in property investment and film and TV series production.
Jacky Heung, a father of two, has been active in the show biz for over 30 years, and is known for his passion for martial arts.
https://www.macaubusiness.com/mgm-sues-hk-actor-over-hk1-4-mln-debt/
set24
A Taiwan court has ordered a man to repay over HKD320 million (US$41 million) to Melco Resorts & Entertainment following his high-stakes gambling spree in 2019.
The man, as Taiwanese media reported, is from the Shilin district in the Taipei city.
He had initially secured a credit limit of HKD100 million from the casino operator, and had it raised to HKD300 million, SET News reported.
The agreement he signed with Melco stipulated that overdue repayments would incur an interest rate three times the statutory rate of Macau – set at 9.75 per cent.
After losing all his chips, the man, identified as Mr. Ku, had refused to settle his debt, prompting the gaming company to file a lawsuit in Taiwan.
The casino operator claimed that Mr. Ku owed them HKD 320.46 million – equivalent to approximately TWD1.3 billion.
Mr. Gu’s lawyer was reported to have defended that the non-transferable chips provided by the casino did not constitute cash and thus did not meet the legal criteria for a loan.
They also contended that the video evidence presented by the casino failed to confirm the specific time and place of the gambling activities involving the Taiwanese man, making it difficult to substantiate the legality of the loan.
Additionally, they pointed out inconsistencies in the testimonies of the casino’s witnesses.
The defence further criticised Melco for allegedly “harassing” Mr. Ku by sending letters to Hong Kong where the man was also based to demand a repayment during the litigation process.
The defence, meanwhile, argued that the high interest rate on the debt could have violated Taiwanese civil law, which should render both the debt and interest invalid.
However, the court ruled in favour of Melco, stating that Mr. Ku, as an adult, had the full capacity to understand and sign the loan contract.
The judge also emphasised that Mr. Ku could not claim ignorance of Macau’s gambling regulations and ought to respect local rules.
Consequently, Mr. Ku was ordered to repay a total of over HKD 320 million – at an interest rate of 29.25 per cent.
https://www.macaubusiness.com/taiwanese-man-owes-melco-over-hkd320-mln-in-gaming-debts-reports/
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