High Roller Fouad al-Zaya "The Fat Man" Wins Court Case

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Created on Wednesday, 03 September 2008 15:10

A billionaire high roller casino player has just won a case at the High Court against London Casino Club: Aspinalls. At stake was a huge £2 million debt to the casino in Mayfair.

Mr Fouad al-Zayat, who´s nickname is the "Fat Man", had been fighting the casino over the gambling debt which he lost in one evening in the year 2000.
Mr al-Zayat had spent £2,000,000 million on casino chips, paying by cheque which later failed to clear.

Fouad al-Zayat had complained to Aspinalls about the croupier claiming that the games were rigged.

Between  2000 and 2006, he had played through over £40 million and ended up £10.5 million in the red.

Mr al-Zayat was regarded by the casino as a VIP player and was gambling at one stage huge sums with the club- in some cases over £1 million in a single night.

His payment by cheque was possible because of this status. But Mr al-Zayat argued that Aspinall's had extended him credit in a way that lay outside of the guidelines of the 1968 Gaming Act.
This Syrian-born businessman has gambled away more than $46 million over 12 years of hard gambling. He lives mainly in Cyprus, and is one of the most famous international high rollers known on the planet thanks to his prolific gambling sprees. He is thought to have also visited the Ritz in Mayfair over 150 times in 3 years, losing a total pile of £10m. His visits to Aspinalls are even more ete watering:: in over 600 sessions, he purchased £91m worth of casino chips and blew in excess of £23m.