Businessman loses $18m at RWS casino in one day

Total losses, incurred over three gambling days, amounted to $26.3 million, said TODAY.

The local businessman, a managing director of a multi-million-dollar company, was said to have been initially granted a credit line of $500,000 by Resorts World Sentosa weeks after its opening which was eventually increased to $2 million.

The article said, “Over the weeks, he reportedly won or lost several hundred thousand dollars each time he visited the casino, with his losses running as high as $6 million in the course of a single session. To draw on his credit line, he said, he signed a form and was given the requisite amount of chips.”

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