{"id":24816,"date":"2021-11-24T07:40:57","date_gmt":"2021-11-24T10:40:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=24816"},"modified":"2026-04-23T13:34:06","modified_gmt":"2026-04-23T16:34:06","slug":"wynn-to-seek-legal-advice-on-dore-court-judgement","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-to-seek-legal-advice-on-dore-court-judgement","title":{"rendered":"Wynn to seek legal advice on Dore court judgement"},"content":{"rendered":"\n<p>Wynn Macau has issued an investor warning after the Court of Final Appeal dismissed its appeal against a ruling that found it jointly responsible for a HK$6m debt to a VIP player.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- <strong>Wynn has issued an investor warning<\/strong> after the Court of Final Appeal confirmed that\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-loses-appeal-against-junkets-debt-to-vip-player\">Wynn Resorts<\/a>\u00a0and junket operator Dore Entertainment Co are jointly responsible for the repayment of HK$6m (US$747,482) owed to a VIP player.<\/p>\n\n\n\n<p>The casino operator said it was seeking legal advice from its Macau counsel despite the decision being final and binding to all parties.<\/p>\n\n\n\n<p><strong>Alan Zeman, Wynn&#8217;s Chairman<\/strong>, said through the company filing: &#8220;The shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.&#8221;<\/p>\n\n\n\n<p>In 2015, Dore Entertainment Co, Ltd., was a victim of internal theft by casino cage manager Mimi Chow Ioc Mei, who<strong>\u00a0left after stealing HK$700m\u00a0<\/strong>which was related to Wynn Macau. In 2016, the court ordered Mimi Chow Ioc Mei to repay approximately MOP103m.<\/p>\n\n\n\n<p>Since the deposit contract was concluded between Dore and the individual,\u00a0<strong>the Court of First Instance ruled that the intermediary had the responsibility<\/strong>\u00a0to ensure that the debt was repaid, including court fees and deposit interest. However, in 2018, the Court of Second Instance ruled that\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-posts-operating-revenue-of-us312m-for-q3\">Wynn Macau<\/a><strong>\u00a0was jointly liable for the HK$6m<\/strong>. The Court of Final Appeal has now upheld that decision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wynn Macau has issued an investor warning after the Court of Final Appeal dismissed its appeal against a ruling that found it jointly responsible for a HK$6m debt to a VIP player.<\/p>\n","protected":false},"author":176,"featured_media":24843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau has issued an investor warning after the Court of Final Appeal dismissed its appeal, confirming joint responsibility with junket operator Dore Entertainment Co for a HK$6m debt owed to a VIP player. This final and binding decision stems from a 2015 internal theft incident at Dore Entertainment, with the courts ultimately holding Wynn Macau jointly liable despite the initial deposit contract being with the junket.","focusai_entities":"Wynn Macau, Wynn Resorts, Dore Entertainment Co, Mimi Chow Ioc Mei, Alan Zeman","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (1.0), operator_casino (0.9), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Junket Liability Precedent","query":"What are the systemic implications of this final appeal ruling on the established liability frameworks between integrated resort operators and junket promoters within the Macau gaming vertical?"},{"label":"Operational Risk Mitigation","query":"How will this judicial precedent necessitate adjustments to operational risk management protocols and contractual agreements for other Macau concessionaires engaging with third-party junket entities?"}],"footnotes":""},"categories":[28,16338],"tags":[23906,20777],"class_list":["post-24816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-macau-casinos","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=24816"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24816\/revisions"}],"predecessor-version":[{"id":24824,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24816\/revisions\/24824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/24843"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=24816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}