first_img Singapore Betting Taxes fall 0.9% to SG$2.7 billion in FY2018/19 Aristocrat wins battle over intellectual property rights with US$3 million settlement Load More RelatedPosts The Singapore casino had been pursuing Wang for a gambling debt of SG$$9,996,250 accrued across two visits to Marina Bay Sands in April 2013 and January 2014, plus interest of SG$3,782,690 and costs of SG$7,398.The resolution comes two years after a Singapore court issued a 2017 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 subsequently granted MBS permission to claim the debt against Wang’s Australian assets, however the Singapore High Court set aside the earlier default judgement in January of this year after listening to the arguments of lawyers representing both parties.Wang’s defense was based on the claim that he had funded his play via the use of a junket and therefore had no direct dealings with MBS itself.Despite finally reaching a settlement with Wang last week, an MBS spokesman said the property looked forward to inviting him back “as a valued patron in the near future.” Marina Bay Sands (MBS) has dropped a lawsuit worth more than SG$13 million against Australian high roller Wang Zhi Cai, ending a case that stretches back to 2013.According to The Straits Times, MBS lawyers filed a notice of discontinuance with the High Court last week, with the matter said to have been resolved amicably. Las Vegas Sands reaches new SG$4 billion loan agreements for Marina Bay Sands expansionlast_img read more