{"id":8264,"date":"2020-07-20T21:40:36","date_gmt":"2020-07-20T21:40:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=8264"},"modified":"2026-04-24T03:30:40","modified_gmt":"2026-04-24T06:30:40","slug":"marina-bay-sands-returns-us6-5m-to-vip-customer","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-returns-us6-5m-to-vip-customer","title":{"rendered":"Marina Bay Sands returns US$6.5m to VIP customer"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A Chinese gambler said the company transferred money out of his account to other players without his consent.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Singapore.- Marina Bay Sands has settled a legal battle with a Chinese gambler who claimed the company transferred money from his account to other players without his consent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sources quoted by South China Morning Post said the casino had given back S$9.1 million (US$6.5 million) to the VIP, and would now allow him back into the venue. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement included a non-admission of liability from both sides.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The patron in question, Wang Xi, sued the casino over funds that according to him had been sent from his casino account to people he did not know without proper authorisation via 22 transfers made between October and December 2015.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The casino claimed to have original copies of letters signed by Xi to authorise the transfers, although they had been destroyed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wang Xi\u2019s claims against the casino prompted a money laundering investigation from the Singapore authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Marina Bay, which is controlled by the US casino giant Las Vegas Sands was given the <em><strong><a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/focusgn.com\/asia-pacific\/singapore-irs-given-green-light-to-reopen\" target=\"_blank\" rel=\"noreferrer noopener\">green light to resume operations<\/a><\/strong><\/em> post-lockdown at the end of June.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Chinese gambler said the company transferred money out of his account to other players without his consent.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Marina Bay Sands has settled a S$9.1 million legal dispute with VIP gambler Wang Xi concerning alleged unauthorized fund transfers from his casino account. The settlement, which includes a non-admission of liability from both parties, follows a money laundering investigation initiated by Singapore authorities into the casino's practices.","focusai_entities":"Marina Bay Sands, Wang Xi, Las Vegas Sands, South China Morning Post","focusai_location":"Singapore, China, United States","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.95), operator_casino (0.9), payments_fraud_aml (0.9), investor_analyst (0.85), supplier_vendor (0.7)","focusai_suggestions":[{"label":"MBS Governance Impact","query":"What specific enhancements to Marina Bay Sands' internal controls and governance frameworks have been implemented since 2015 to prevent recurrence of unauthorized fund transfers and strengthen AML compliance?"},{"label":"Regulatory Investigation Status","query":"What is the current status of the money laundering investigation initiated by Singapore authorities, and what potential enforcement actions or penalties could Marina Bay Sands still face?"}],"footnotes":""},"categories":[439,158,16333],"tags":[29,168,169],"class_list":["post-8264","post","type-post","status-publish","format-standard","hentry","category-legal-news","category-slider-home","category-south-east-asia-news","tag-casino","tag-marina-bay-sands","tag-singapore"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8264","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8264"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8264\/revisions"}],"predecessor-version":[{"id":8271,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8264\/revisions\/8271"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}