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Gambler loses $341 million at the roulette table, sues casinos for illegally allowing him credit
The Observer ^ | 9/14/08 | Rajeev Sayal

Posted on 09/15/2008 9:33:41 AM PDT by NYCFearsome

Fat Man' sues top casinos for millions

Fouad al-Zayat, a 20-stone billionaire who lost £191m at roulette, is taking six top British clubs to court, claiming they illegally allowed him credit

He was one of the world's most prolific and secretive gamblers. The arrival at casinos in London of Fouad al-Zayat, the high roller know as the Fat Man, created panic and excitement and not a little rubbing of hands by management in their dinner jackets and black ties.

(Excerpt) Read more at guardian.co.uk ...


TOPICS: Hobbies; Miscellaneous; Society
KEYWORDS: gambling; money; syrians; terrorism
Good. Give us our money back you fake. I thought Muslim's weren't supposed to gamble.
1 posted on 09/15/2008 9:33:41 AM PDT by NYCFearsome
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To: NYCFearsome

Gambling took his mind off his worries. Wonder what those worries were?


2 posted on 09/15/2008 9:45:29 AM PDT by Dudoight
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To: NYCFearsome
Once, while playing roulette in Crockfords, Zayat noticed a brash Australian man watching him play. By this stage he had perfected his system and objected to being watched.

He lost 200 million pounds and he objected to people learning his system? HAHAHAHAHAHAHa

3 posted on 09/15/2008 9:45:43 AM PDT by sharkhawk (Here come the Hawks)
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To: NYCFearsome

Sucker.


4 posted on 09/15/2008 9:48:57 AM PDT by Leg Olam ("Every dog, we are told, has his day, unless there are more dogs than days." Bat Masterson)
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To: NYCFearsome

I like the way ALL SIX of the clubs “illegally” allowed him credit. It must be a conspiracy.


5 posted on 09/15/2008 9:52:20 AM PDT by Dr. Sivana ("[Gov. Sarah Palin] is Phyllis Schlafly, only younger." -- Gloria Steinem)
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To: NYCFearsome

Don’t wanna be a fat maaaaaaaaaaan....


6 posted on 09/15/2008 9:53:54 AM PDT by Mashood
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To: Dudoight
Gambling took his mind off his worries. Wonder what those worries were?

Small genitalia!

7 posted on 09/15/2008 9:56:34 AM PDT by airborne (Don't pray that God is on your side. Instead, pray that you are on God's side!)
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To: Mashood

Tull!


8 posted on 09/15/2008 9:56:58 AM PDT by ClearCase_guy (Michelle, spare me your phony outrage, you know as well as I do that dress makes your butt look big)
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To: NYCFearsome
... a big beast even among the big spending gamblers known as ‘whales’ ...
“But I knew, the trick with whales like Ichikawa was that they can’t bet small for long. He didn’t think of it as winning ten thousand, he thought of it as losing ninety thousand. So, he upped his bets, until he dropped his winnings back and gave up a million of his own cash. In the casino, the cardinal rule is to keep them playing and keep them coming back. The longer they play, the more they lose. In the end, we get it all.”

9 posted on 09/15/2008 10:07:17 AM PDT by dighton
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To: airborne

At 280 pounds...how would anybody be able to tell?


10 posted on 09/15/2008 10:11:48 AM PDT by RichInOC ("Get. In. Mah. Belly!")
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To: sharkhawk

“He lost 200 million pounds and he objected to people learning his system? “

I had an employee once that “had a system” that he used to bet on the horses.

When Santa Anita or Hollywood Park were open he would come in for an advance on his pay check every wednesday!


11 posted on 09/15/2008 10:21:53 AM PDT by dalereed
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To: NYCFearsome

System my butt. Roulette is by far the biggest sucker table game at casinos. Worst odds of all the table games. His system was losing money.
You would of thought by the loss of his first 100 million, he would of realized his “system” sucked.


12 posted on 09/15/2008 10:30:31 AM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: NYCFearsome

Sounds like the mortgage industry. Too much credit.


13 posted on 09/15/2008 10:37:48 AM PDT by popdonnelly (I'll tell you a little secret: we're smarter and more competent than the Left.)
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To: NYCFearsome

Maybe the government should bail him out and cover.


14 posted on 09/15/2008 10:38:12 AM PDT by Names Ash Housewares
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To: NYCFearsome
"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe." - Albert Einstein
15 posted on 09/15/2008 10:41:36 AM PDT by Steel Wolf ("We have your test results, Mr Obama. You have ...Sarahnoia. 2 months, tops, and you're a goner....")
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To: NYCFearsome

Not much different from Freddie and Fanny, just the amounts and the venue.


16 posted on 09/15/2008 11:54:34 AM PDT by NonValueAdded (don't worry, they only want to take water out of the other guy's side of the bucket.)
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To: NYCFearsome
At Les Ambassadeurs in Mayfair he won £20m in 1996 at the roulette table, he said. 'The gaming manager was a university graduate in psychology. She was always in my face because she promised the management that she would find my weak point to make me lose.'

Hahaha. Casinos - a tax on people bad at math.

17 posted on 09/15/2008 7:40:12 PM PDT by varyouga (Palin is the GOVERNOR. Scream this far and wide and expose the MSM)
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