Businessman Loses A Staggering $26m In Gambling Spree At Singapore Casino

OnlinePoker.net, 19 Aug 2010
A local businessman woke up to a massive financial hangover after blowing a staggering SG$26.3m (US $19.35m) on a three day gambling spree at the Genting’s Resorts World Sentosa in Singapore.
Apparently, in March the millionaire businessman was granted a SG$500k credit line at the casino which was extended to SG$2 million by April. However, as the 50 year-old businessman’s losses started to mount and exceed his agreed limit, he claims he was assured by one of the RWS’ senior officers that the casino had extended his credit. Full story

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