High Stakes Gamblers Lose Second Round 03.03.2013

Roulette News

The four gamblers who collectively lost more than $2 million whilst playing roulette at the Fallsview Casino in Niagara Falls have now also lost a lawsuit against the casino and a further $200,000 in the hope of getting the money back.

Moshe Braunstein, Joaquim Moreira, Remo Gigliotti and Tebaldo Barbuscio lost $2.1 million whilst playing roulette in the high roller area of the casino from the moment the casino opened in the Summer of 2004. The players then decided to sue the casino for this sum of money (and an additional $12 million) and based their lawsuit on a so-called “floating ball rule” which they claimed to be illegal.

This rule makes it possible for dealers to remove the roulette ball from the roulette wheel if it has stopped moving and the wheel is still spinning, or if the ball carries on spinning for a long time without falling into a pocket. According to the four gamblers, rhe Alcohol and Gaming Commission had not approved the rule and therefore the games must have been illegal.

Unfortunately for the gamblers, their claim was denied at two levels of court, and they must also stand for legal bills and commission amounting to around $200,000. The judge stated that the players would not be owed any money back even if the roulette games were illegal as roulette dealers return all bets on floating balls. Two of the players who took loans in 2006 and 2007 to support their gambling were also ordered to pay back this moneys.

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