#SHOWBIZ: HK actor Jacky Heung settles RM757k debt with Macau casino
However, the casino giant has since confirmed that the debt has been fully settled and all legal proceedings terminated, as reported by the South China Morning Post.
According to court document, Heung borrowed HK$2mil from MGM Grand Paradise, a subsidiary of MGM China, on Dec 1, 2024, which was then converted into betting chips.
It also said that the 40-year-old, who is the son of Hong Kong actor Charles Heung, had only repaid some of the money and owed the casino HK$1.4mil.
"The matter involving Mr Jacky Heung Cho arose from a credit guarantee he provided for a third party. Due to overdue payments not being made, MGM China subsequently initiated standard legal procedures to address the related matters," MGM China said in a statement on Wednesday.
"Recently, all payments have been fully settled, and the corresponding legal procedures have been terminated.
"But in view of the inconvenience and distress this incident has caused Mr Jacky Heung Cho, our company sincerely requests that all inaccurate or speculative reporting be curbed," the statement added.
Jacky Heung, acting as a credit guarantor, was not mentioned in the court document.
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