Harry Kakavas may have made a record as the biggest loser in casino gambling in the history. He lost another court battle Monday and he was ordered to repay a gambling marker he owed in one of the casinos in the Bahamas.
Paradise Island Casino loaned $1 million in gambling marker to Kakavas in November 2006. He decided not to pay the loan and the casino brought the fight to court.
The casino sent a lawsuit against Kakavas to the Victorian Supreme Court for which they won on Monday. The judge ruled against Kakavas as he did not the claim that the casino took advantage of him during his stay at the resort.
Kakavas has been renowned for his big losses in gambling. He is suffering from problem gambling, a psychiatric condition which he alleged Paradise knew when they allowed him to borrow the gambling marker.
Kakavas lost another case last year as well when he sued the Melbourne Crown Casino also alleging that the casino knew about his condition after he lost $35 million in a gambling spree.
