Fatman gambler wins casino appeal
A high-rolling businessman has won his appeal against a High Court ruling that ordered him to pay back £2 million worth of gambling debts at London’s Aspinalls Casino.
Fouad al-Zayat, known as the Fat Man in gambling circles, was a regular at Aspinalls who is reported to have lost over £23 million over a period of 12 years. However, the dispute with the casino relates to one night when the Fat Man’s luck was certainly not in.
Back in March 2000, the Fat Man was playing blackjack and was down £2 million. A request to change the croupier was denied by the casino and he signed a cheque to cover his losses but told the casino not to bank it before the dispute was sorted out.
However, the casino then tried to cash the cheque, only to have it blocked by the bank at the Fat Man’s request.
A High Court ruling in March ordered al-Zayat to honour the debt and pay the legal costs because it was perceived he had no realistic chance of winning if the case went to trial.
However, three judges have allowed the Fat Man’s appeal meaning a court date will be set for a trial between the Fat Man and Aspinalls.
Editor, Jackpot.co.uk - 2007-10-22 11:15:12