Online betting, compulsive gambling on the rise amid the COVID-19 pandemic. Experts say the impact can be devastating – Post-Crescent

CLOSE The coronavirus pandemic has fueled an increase in the use of online betting sites. (Photo: Getty Images/iStockphoto) Years ago, Rose Blozinski of the Wisconsin Council on Problem Gambling took a phone call from a woman who was in big trouble. “A stay-at-home mom did some online gambling and said, ‘I owe them $30,000,’” Blozinski…

Gupta companies facing liquidation – IOL

By Loyiso Sidimba 7h ago Share this article: Share Tweet Share Share Share Email Share Johannesburg – Seven companies owned by controversial Gupta lieutenants Eric Wood and Salim Essa will be wound down following a South Gauteng High Court order. Trillian Management Consulting, Trillian Capital Partners, Trillian Securities, Trillian Nominees, Trillian Shared Services, Trillian Property…

IBBI proposes mechanism to allow withdrawal from voluntary liquidation – Business Standard

The Insolvency and Bankruptcy Board of India (IBBI) has proposed a statutory mechanism that will allow a company to withdraw from the process of voluntary liquidation at any point after its initiation. Unlike the corporate insolvency resolution and liquidation process of a stressed company, voluntary liquidations are not supervised by a committee of creditors or…