# Huang Youlong lost $60m at Crown Perth in days

- URL: https://talkfuse.com/story/uber-wealthy-asian-tycoon-blows-through-60m-in-days-after-one-of-the-biggest-and-fastest-casino-losses-ever-in-australia/
- Published: 2026-07-07T05:21:37+00:00
- Updated: 2026-11-01T21:34:57+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-15958033/crown-perth-lawsuit-60million-singapore.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Asia, World

## Key points

- Tycoon Huang Youlong lost about $60million at Crown Perth within days.
- Crown first refused credit over his existing gaming debts.
- The 2015 losses sparked a Hong Kong court battle.

## Summary

New court documents have revealed how Chinese-born Singaporean businessman Huang Youlong gambled away roughly $60million within days at Crown Perth, in what is understood to be one of the largest and fastest casino losses ever recorded in Australia. The details emerged from a judgement handed down by the Hong Kong High Court, which shed light on the protracted legal battle that followed his 2015 high-stakes visit.

Huang, a well-known high-roller then married to Chinese film star Zhao Wei, travelled to Perth on a junket in February 2015. Crown Perth initially refused him credit because of substantial existing gaming debts, but a Crown Melbourne marketing executive, Michelle Chua, arranged an internal deal allowing junket operator Suncity to obtain $40million in chips, with Suncity responsible for recovering any debt. Huang lost that $40million within 48 hours, then took a further $20million to try to recoup his losses, which he also lost.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.