Las Vegas Sands sues a Hong Konger for accumulated gaming debts over HK$31.1m

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10th October 2019 – (Hong Kong) Las Vegas Sands, LLC filed a summons in the Hong Kong High Court yesterday to sue a local resident for defaulting on a gaming loan exceeding HK$31.1 million. The local defendant lives in an apartment unit at Marinella, 9 Welfare Rd, Wong Chuk Hang and he was a regular customer of Las Vegas Sands in the United States.

He entered into an agreement with the plaintiff in March last year to borrow US$8.05m and he only managed to return US$4.08m, leaving an outstanding debt of US$3.96m. The plaintiff demands the court to order the defendant to pay off his debts immediately.