When Casinos Don’t Win: Bouncing Ahmed Al-Reyaysa
FOR the Claremont Club in London’s Berkeley Square to accept two cheques for a combined value of almost £7million, Ahmed al-Reyaysa must have had a fair credit rating.
And the gambler may well still enjoy a high credit rating at some banks, on account of his not having honoured his cheques.
Yesterday, the Claremont went to the High Court to try to get its cash.
Know that in one 18-month period, as the Mail says, Al-Reyaysa, spent £150million. And that just at the Claremont.
So when Mr Al-Reyaysa gave the Claremont a cheque for £3.07milliosn from the National Bank of Abu Dhabi, the casino cashier handed over the gambling chips.
Al-Reyaysa played roulette. Al-Reyaysa lost the lot.
Assured by the National Bank of Abu Dhabi that the his cheque would be honoured, the Claremont did not report Al-Reyaysa to Gamblers Anonymous or have a quiet word with him but cashed his cheque for £2.7million.
He lost that, too.
It turns out that Al-Reyaysa is also being sued by London’s Ritz Casino having given them bad cheques worth £2.25million.
The casinos want their money. And rightly so. A promise is a promise. But you can’t win all the time. Even casinos have to learn that…
Posted: 14th, February 2008 | In: Sports Comment | TrackBack | Permalink
