Canadian billionaire refuses to pay casino debts

The origins of litigation

In 2017, Eugene Melnyk goes to the Mohegan Sun Casino on St. Patrick's Day and places big bets. At first, luck smiled on him since he pocketed a nice sum, the amount of which was not specified. The sequel will turn out to be less radiant...

According to the businessman's version, the casino then refused to cash his winnings to push him to play more. By the way, this is what Eugene Melnyk did, who then accumulated losses and ended up with a negative balance of $ 900,000.

Accusing the casino of dishonesty, the billionaire then refuses to pay this debt and is now being sued by the gambling establishment. The Mohegan Sun is even demanding $1 million, an amount that includes the debt with its interest as well as court costs.

So, is Eugene Melnyk a bad loser or is it the casino that was at fault by refusing to cash out his winnings? It will be up to the courts to decide over the next few months.

The status of VIP players

This case raises many questions, starting with the fact that Eugene Melnyk played for many hours without having this money on him. In reality, you should know that the richest players never bring cash into the casino . It would indeed be quite unwise to walk around with suitcases worth several hundred thousand dollars...

The casino only asks for bank credentials and advances the money to these particular players. VIPs thus use markers, that is to say token advances. Believing that he has been manipulated, Eugene Melnyk is in any case determined to keep his $ 900,000...