Select Page

Ritz Club Sues Tycoon Safa Abdulla Al Geabury Over £2 million Gambling Financial Obligation.

Safa Abdulla Al Geabury, whose £2 million check that is dud whenever Ritz staff tried to cash it the day after his gambling spree.

The Ritz Club, London’s famously high-end, high-roller casino, is suing a property that is swiss over a £2 million ($3.1 million) bounced check.

Based on the Ritz’s filing, Safa Abdulla Al Geabury wrote out the check to invest in a gambling session one evening in February this past year, but it turned out to be a dud whenever casino attempted to bank it the following morning.

The Ritz is also seeking an&pound that is extra ($310,000) in accumulated interest on the debt.

It’s been stated that the casino, which is owned by reclusive billionaire identical twins, Sir David and Sir Frederick Barclay, has been plunged into the red by a series of unpaid gambling debts, forcing it to pursue its debtors aggressively in the courts.

According to the London Evening Standard, the casino has litigated against 10 high rollers within the year that is last in an effort to recoup 2013 losings of £12.5 million ($19.4 million).

Al-Daher Case

Al Geabury’s defense is that he is a gambling addict and his staff should have known this and stopped him from playing.

He wants the debts written off, but he is on shaky ground with this line; in 2014 the casino won a similar tall Court battle against Noora Al-Daher, the wife regarding the Omani minister that is foreign.

The Ritz sued Al-Daher after she had visited the casino in April 2012 and proceeded to lose £2 million ($3.3 million) in a hours that are few. Al-Daher neglected to honor £1 million ($1.65) of her debt. She quickly counter-sued the casino, claiming that the casino had taken advantage of her.

Al-Daher had advertised in court that Ritz Club employees encouraged her to continue playing a casino game of chemin-de-fer, despite having been made aware of her gambling addiction, and even allowed her to cash checks, which she claimed was illegal.

She also said that the casino had been under a ‘duty of care’ towards her, a responsibility which it had neglected to fulfill.

Psychiatric Reports

However, the court heard that Al-Daher and her household had apparently happily gambled away $5 million in Las Vegas a months that are few her see to the Ritz.

In ruling in favor of the casino, the judge stated he was specific that, had Al-Daher been refused authorization to carry on gambling at the Ritz, she ‘would have been eager and likely to gamble at other casinos thereafter, and very most likely during her stay static in London through the days or months after 3 April 2012.’

The judge in the Al Geabury case, Mrs Justice Simler, meanwhile, said at a hearing that is preliminary psychiatric reports have been commissioned to assess Al Geabury’s frame of mind regarding the time he lost the cash and whether he was in control of his actions.

‘The essence is whether Mr Al Geabury has a gambling addiction plus the claimant’s knowledge of that,’ she said.

Carl Icahn Awarded Trump Taj Mahal as Battle with Union Continues

Carl Icahn wishes to revitalize the Taj Mahal in Atlantic City and save thousands of jobs in the process, but it is said by him can not be done unless local union employees are ready to compromise. Unhappy union workers, shown here at a youthful protest, feel otherwise. (Image: Wayne Perry/AP File)

Billionaire Carl Icahn has acquired the Trump Taj Mahal, exchanging $292 million he is owed for complete ownership regarding the casino in a deal which was approved by the newest Jersey Casino Control Commission this week.

Icahn claims he will invest another $100 million to revitalize the resort also to keep the Atlantic City landmark solvent.

‘We believe whenever you pull into the Taj Mahal, it’s dirty, it’s dated, and it needs to be freshened up,’ Trump Entertainment CEO Robert Griffin said of the settlement. ‘we feel very strongly that the Taj Mahal can do well.’

That will be no task that is easy however, because the north end boardwalk gambling venue continues to use at a loss, including being $8.7 million at a negative balance for the initial quarter of 2015. The hotel’s 2,010 rooms had been less than 50 percent complete during the very first 3 months of this a drastically lower rate than that of the other seven casino hotels that averaged occupancy levels of around 70 to 85 percent year.

Icahn’t Stand Unions

Icahn is positive that they can restore the Taj to its former days of glory. But one key condition the mogul insists on is the fact that Local 54 while the UNITE HERE unions stop their pursuit of getting a court mandate Icahn to reinstate benefits for workers that were terminated by Trump Entertainment during bankruptcy proceedings.

On Wednesday, Icahn told reporters he sees the Taj being reestablished much like he did with all the Tropicana, the other Atlantic City casino under their ownership.

‘Although Local 54 appears fixated at all costs on damaging the Taj, and risking its closure and the increasing loss of almost 3,000 jobs, I am positive,’ Icahn said.

Icahn also released a letter to Local 54 Taj employees this week that likens the nationwide UNITE HERE organization to a Ponzi scheme that uses dues to enrich the lives of its leadership at a cost that is detrimental its people.

‘It is a fact that is undisputable your union leadership declined to negotiate with the Taj as its losses were mounting also it was pushed into bankruptcy. Your union leadership refused to consider any concession that would have helped keep the Taj afloat, and that is because your jobs don’t matter to your union leadership,’ Icahn composed.


The once bustling gambling mecca of the coast that is east now home to just eight total gambling enterprises, and Icahn now has control of two, or 25 percent of the town’s gaming venues. That means along with Caesars Entertainment, owners of Bally’s, Caesars Atlantic City, and Harrah’s, Icahn has a monopoly that is small the city where the overall game of Monopoly is based.

Thought it’s understandable union workers want and need their own health insurance and retirement benefits reinstated, their strategies might be going about any of it in the way that is wrong. This week, Local 54 delivered a letter to Icahn’s midtown Manhattan office with a list of its demands, along with an apple pie, a dig in a reaction to Icahn saying ‘apple pie and roses isn’t what sort of world works’ earlier this year.

Jeb Bush Latest GOP Candidate to Enter Republican Presidential Race

Officially formal: After many months of unofficial fundraising, Jeb Bush confirmed their bid for the 2016 GOP nomination today. The son and brother of two past US presidents is hoping to separate their campaign from his rather famous family name. Sort of. (Image: Erik Schelzig/AP)

Jeb Bush joined the ever-expanding crowd of Republican candidates within the 2016 presidential election on Monday, with an statement at Miami-Dade College into the afternoon. But unlike lots of the more compared to a dozen candidates within the GOP industry, Bush will be hoping to run from the place of strength, as he will be certainly one of the favorites for the party’s nomination in the early going regarding the campaign.

‘In any language my message will be a confident one, that we can make the decades just ahead in America the greatest time ever to be alive in this world,’ the latest Bush political dynasty candidate opined, using both English and Spanish to address the live and undoubtedly massive TV audience because I am certain.

Columba Bush, a first-generation Mexican immigrant who married Jeb 41 years back, could prove critical in helping him achieve Hispanic voters. (Image: Bill Ingalls/NASA/Getty)

Columba Bush, who was married to the politician for 41 years and ended up being originally from León, Guanajuato in Mexico, will definitely be an important force in a nation grappling with immigration and dual-language problems for an basis that is almost daily.

In fact, the story goes that Mrs. Bush would not even speak English whenever she married Jeb back in 1974. Her mom was reportedly a migrant worker and food server.

Bush might need the help. Even though the previous Florida governor is usually the leader in national polls of Republican voters, though that benefit is acutely narrow. In fact, it may be more accurate to appear at Bush, Wisconsin Governor Scott Walker, and Florida Senator Marco Rubio as co-leaders at this early stage.

Strong Establishment Candidate

Having said that, Bush has lots of advantages which will make his campaign a strong one. For one, he has no difficulty increasing money.

One super PAC that is backing him had hoped to raise $100 million by the end of June, and while they’ll almost definitely come up in short supply of that goal, it’s clear you will see plenty of capital for the Bush war chest.

He’ll also have many endorsements from Republican establishment figures, aswell as being a title that voters are familiar with, although their Jeb! 2016 slogan seems to indicate he is attempting to not drive on at least the most obvious of coattails. After all, that famous name that is last a double-edged blade, depending on which voters you’re talking to.

While both his daddy and cousin have previously served as president, Jeb Bush is trying to avoid being seen simply once the next in line of succession, by having a ‘royal’ aspect that many voters may not be comfortable with.

Campaign Happens To Be Unofficial for Months

Of course, by any reasonable standard, Bush’s campaign happens to be underway for months, but he has carefully skirted the line to avoid officially launching a campaign organization until now. Over the week-end, Bush told CNN that becoming a candidate that is official allow him to higher articulate his message to your US individuals.

‘I think this transition to a candidacy will allow me to be more direct about my advocacy of the leadership skills essential for the next president to fix a few things,’ Bush said while in, of most places, Estonia on the weekend. ‘ And as a candidate, contrary to someone who has been listening and learning along the real means, I’ll offer up alternatives to the path we’re on too, so I’ll be much more specific on policy.’

Historically Opposed to Gambling

It’s uncertain whether we will get any details on Bush’s gaming policies, but his past stances on gambling issues while governor of Florida make it pretty clear as he strongly opposed gambling expansion in the state that he is no fan of casinos. His stances on Internet gambling are less clear, though it is hard to imagine he’d be any friendlier to online poker and casino games than he would be to their land-based counterparts.

Possibly more importantly to his campaign, Bush may have to conquer conservative voters who are not necessarily on board along with his stances on immigration and education, both areas where his wife may become a crucial campaign ally. He also recently struggled with questions over how he would have handled the war in Iraq, and fired his campaign supervisor simply last week due to squabbles inside his camp.