Court Orders Harry Kakavas to Pay $1 million Baccarat Debt to Atlantis Resort

A three year legal face-off between the Atlantis Resort in the Bahamas and a self-confessed gaming addict may finally be coming to a close, with an Australian court ordering the gambler to pay $1 million in baccarat gambling debt owed to the gaming establishment.

It is the total amount of money owed by Harry Kakavas to the Atlantis Resort nearly four years ago while on his honeymoon at the facility. Kakavas tried to escape his debt to casino facility, alleging that Atlantis Resort was aware of his gaming addiction and took advantage of him.

However, a justice in the Supreme Court decided on February 18th, 2010 that Atlantis Resort had done more than enough in reviewing Kakavas' credit history and there were no situations that the resort would have been aware that influenced his judgment and control over his gaming spree.

While staying at the Atlantis Resort, Harry Kakavas lost the full $1 million at his favorite baccarat game in just five hours. Atlantis officials declined to comment on the issue.

Wednesday, March 03, 2010
Kate Foster