Gambling away your millions. I recently read in the papers of a case a

Well walking into a casino you should know that you are playing to lose or win money. You gamble with the intentions of "hey I might win some money" not "I'm going to lose it all and then blame the casino because they should have stopped me from pretty much giving them all my money" Some people are stupid. How'd he even get all the money to lose it in that way. :(

Hi carp, Your question should be directed at lawyers and others in the legal profession. I think this guy is really crazy. Firstly, when he wants to gamble, he should assess himself, how much he is prepared to lose. Secondly, I guess he's gambling on credit which is a really stupid thing to do. It might easily get out of control. Thirdly, he is going to lose more money....to the lawyers! I'm waiting to hear about the outcome of this case, but I guess it could take a long time.

The point is he has gambled beyond his financial capacity to repay.Even if the casino takes legal action against him,how can they recover their due?The reason is he is not credit worthy.His assets if bought to sale might not also be adequate to repay his debt.

This happened in my country. While the casino is for profit, they should practice some social responsibilities. They should never allow patron to exceed their credit limits. Then again, it is the responsibility of the patron to ensure that they gamble within their means. But well, does gamblers have any rational when they are on the table?

I think the casino should never have granted him this much credit. I also think the guy is a little bit shady. What was he thinking taking that much in credit, when he has no way of paying it back. Sometimes when people gamble in the moment, they lose all sense of their brain and what they are actually doing.