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ARTICLE · 24 FEBRUARY 2021

Another Win For Casino Operator In Singapore

Hughes Hubbard & Reed LLP
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February 22, 2021 – In the latest win for HHR client Global Gaming Asset Management in a nearly eight-year-long legal battle with a Philippine gaming resort

United StatesMedia, Telecoms, IT, Entertainment
Daniel H. Weiner
Daniel H. Weiner
Hagit Elul
Hagit Elul
Meaghan Gragg
Meaghan Gragg
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February 22, 2021 – In the latest win for HHR client Global Gaming Asset Management in a nearly eight-year-long legal battle with a Philippine gaming resort owner, Singapore's highest court upheld a US $296 million arbitral award on liability in favor of the Las Vegas-based casino operator.

On Feb. 16, the Singapore Court of Appeal upheld the Singapore High Court's decision dismissing Bloomberry Resorts' application to set aside and resist enforcement of the award on liability. Issued in September 2016 by a Singapore-based arbitration tribunal, the liability award declared wrongful Bloomberry's termination of a contract with Global Gaming to build and operate a five-star casino and hotel in Manila.

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