The Hong Kong High Court recently released nearly a hundred pages of its judgment, revealing that Zhao Wei’s ex-husband, Huang Youlong, went on a gambling spree at an Australian casino in 2015, losing 60 million AUD (about 170 million MYR) in just 6 days. Later, he ended up in court over a dispute involving hundreds of millions of Hong Kong dollars in interest. This long-standing gambling debt lawsuit has had a recent update: the court determined that the plaintiff, Chua Yee Fung (Cai Yifeng), failed to prove that the two parties ever had the loan agreement she claimed, and dismissed all claims, once again exposing the story of Huang Youlong’s gambling past.
At the end of 2024, Zhao Wei confirmed that she had long since divorced, officially cutting ties with Huang Youlong, who in recent years has been embroiled in repeated debt controversies. According to the High Court judgment, the events trace back to 2015, when Huang Youlong, arranged by Chua Yee Fung, then a senior marketing executive at the casino, traveled to Perth’s Crown Casino in Australia. Through a gambling junket operator he was given a substantial gambling credit line. At the time, Huang Youlong was already in debt to other casinos, so the casino did not provide credit directly and instead, the Sun City group acted as an intermediary to provide him with 40 million AUD (about 110 million MYR) in chips.
Unexpectedly, in just two days, Huang Youlong lost all 40 million AUD. Afterwards, he obtained an additional 20 million AUD (about 56.67 million MYR) credit—likewise, he lost it all. Over the span of 6 days, he lost a total of 60 million AUD. The judgment stated that Chua claimed the two parties had a verbal agreement that, if the loan was overdue, it would accrue interest at an annual rate of 24%. She therefore pursued Huang Youlong for hundreds of millions of Hong Kong dollars in interest. However, Huang Youlong denied ever forming any personal loan contract with Chua, emphasizing that all gambling credit was provided by Sun City, with Chua only responsible for introducing and coordinating business.
After hearing the case, the court determined that the 60 million AUD gambling credit agreement was between Sun City and Huang Youlong, and that Chua failed to prove she was the actual creditor. She also could not produce evidence of the verbal loan agreement she described. As a result, all her claims were denied, and she was ordered to bear the legal costs of the case. Reportedly, Chua has indicated she will appeal the decision.
Source: Liberty Times Entertainment