Eugene Melnyk Loses At The Casino And Refuses To Pay His Gambling Debts
Eugène Melnyk, big fortune in Canada, refuses to pay a gambling debt of $ 1 million at the Mohegan Sun casino. This one denounces a manipulation on the part of the managers of the casino. He accuses precisely these officials of refusing to cash in his winnings when luck still smiled on him.
He denounces manipulation by the casino
The facts take place in 2017, during the feast of Saint Patrick. Eugène Melnyk, a wealthy businessman and owner of an ice hockey club in the Canadian capital, decides to go to the VIP area of the Mohegan Sun Casino, for a game of games. Everything was going well for this billionaire. He was victorious in several games (the amount of which remains unknown to the public), until the casino refuses to cash in his winnings and encourages him to play more. The luck being short-lived, Melnyk realizes losses which result in a debt of $ 900,000 in his account at the casino.
The casino is claiming a total of $ 1 million from the billionaire, which represents $ 900,000 in debt, trial costs, administration and interest. However, the wealthy businessman opposes the payment of this sum, he claims to have been manipulated by the casino officials. Who is to blame? At the Casino or the billionaire, whose fortune is valued at $ 1.21 billion? One thing is certain, no consensus has been achieved so far.
How could he contract such gambling debt?
To understand how Melnyk was able to contract such gambling debt, one must understand how the casinos operate or treat their various players. Indeed, a difference that exists between a VIP player and an ordinary player is that the VIP player does not resort to cash in a casino. Casinos offer them advances in chips or “Markers”, a privilege to which ordinary players are not entitled (they make their bet directly with cash from their portfolios).
As a precaution, VIP players avoid traveling to casinos with large sums of cash. They borrow money from casinos on the condition of providing bank receipts which allow the amount loaned to be recovered in the event of losses. However, these well-heeled players sometimes take a long time to repay their loans. Some produce false banking information as is the case with the recent Thomas Fabius affair; while others simply and categorically refuse to pay their debts, rightly or wrongly, as is the case with this wealthy Canadian businessman.