According to The Daily Telegraph, Grosvenor won a judgment against Al-Reyaysa, a 45-year-old businessman from the United Arab Emirates, in May 2001, but claims it has yet to see a penny.
Grosvenor has taken action against Al Reyaysa on the grounds it is 'bound by verbal approval to honour' the two cheques he wrote to them. National Bank of Abu Dhabi , which denies liability, has twice tried to have the action struck out but the application has been rejected both times. Lawyers for Grosvenor Casino claim if a precedent is set, banks could be bound to the rules, which are not currently legally enforceable and have never been tested in court.
Grosvenor Casino, has launched a lawsuit against the National Bank of Abu Dhabi in a bid to recover money owed by regular gambler Ahmed Al Reyaysa, whose cheques to the casino for £3.07m and £3.61m bounced.
