Posted on: February 3, 2024, 06:55h.
Last updated on: February 3, 2024, 06:55h.
A legal setback was seen for a New York man, Sam A. Antar, as his lawsuit against BetMGM has been dismissed by a New Jersey federal judge, who ruled that the casino owed no negligence common law duty, and the intertwining of the CFA and CCA is preempted.
Antar had accused BetMGM, a joint venture between MGM Resorts and Entain, of disregarding his known status as a problem gambler while providing continued inducements to gamble in the form of casino bonuses, amounting to the loss of around $29 million.
Gambling and Investment Fraud
Antar’s excessive gambling activity was also spotlighted, an amount that exceeded $24 million, including a striking $5 million loss within just 16 days. Lawyers for BetMGM maintained that Antar was trying to recover money owed due to a prior investment fraud conviction, for which he spent time in prison after pleading guilty.
In her ruling, Judge Madeline Cox Arleo agreed that the CCA does not require casinos to prevent or stop inducing gambling from problem gamblers. She also determined that “the casino owed plaintiff no negligence common law duty of care.”
Eddie Antar and ‘Crazy’ Eddie
Significant family ties were highlighted, as Antar is the nephew of the former head of the multimillion-dollar Crazy Eddie electronics chain, remembered for its vintage TV spots featuring the famous radio DJ Jerry Carroll.