London Casino Pursues Action Over Gambler’s £10m Debt
London Casino Pursues Action over Gambler’s £10m Debt. Les Ambassadeurs Club in London has failed in its court appeal to get a global freezing order put in place on the assets of a Chinese businessman. Yu Songbo is a real estate developer from Zhoushan in eastern China. He has been a member of LesAmbassades since 2014. His family was worth £1bn ($1.37bn) at the time of joining.
Yu Songbo owes Les Ambassadeurs Club $13.7m in gambling debts. He cashed checks for £19m at the property from April 27 to May 1, 2018. The debts were reduced to $9m, but he stopped making payments. LesAmbassades Club also had to file legal action against Sheikh Salah Hamdan, who owed the casino $2.5m. The club has been the location for Dr. No, the very first James Bond film, and has featured in other movies and TV shows.
