Gambling is legal in some form in more than 80% of the nearly 200 nations around the globe. Photo by niekverlaan/Pixabay Dec. 11 (UPI) — Experts are saying that losses to online gambling in the United States will surpass the $1 trillion mark in the next few years at the expense of American consumers. U.S.…
Mayor Adams announces $80 million in medical debt forgiveness for low income New Yorkers through historic debt relief program. Credit: Ed Reed/Mayoral Photography Office. Sign up for our amNewYork email newsletter to get news, updates, and local insights delivered straight to your inbox! Mayor Eric Adams announced today that 35,000 New Yorkers will be relieved…
CHEVY CHASE, MD — A Montgomery County attorney is facing federal charges after prosecutors said he used legal fees to pay off gambling debt and failed to report millions of dollars in winnings on his tax returns. A federal grand jury this week returned a 22-count indictment against Thomas C. Goldstein of Chevy Chase, owner…
Get our insider newsletter delivered direct to you. Mayor Eric Adams announced today that 35,000 New Yorkers will be relieved of $80 million in medical debt, marking the first round of a plan to provide extensive debt relief. This effort, the largest municipal medical debt relief program in the country, will ultimately aim to…
A judge has issued a bench warrant after a man who defrauded about 1,200 people while posing as a barrister and personal insolvency practitioner failed to turn up for his sentence. David Williams (67), with an address in Lacken, Blessington, Co Wicklow, pleaded guilty to multiple sample counts of deception on dates between January 2019…
Richmond, California–based Moxion Power laid off 101 workers in June and shuttered its doors, following a wave of hype for its 75-kilowatt portable lithium-ion batteries that it hoped would replace diesel generators. The company attracted more than $110 million in funding from investors including Tamarack Global, Amazon, Microsoft, and Energy Impact Partners. Lesson: Lithium-ion batteries continue…
While states have cheered the new tax revenue from sports gambling, some new studies have linked the burgeoning industry to lower consumer credit scores, higher credit card debt and less household savings. With access on their cellphones, gamblers can bet more often and easily than in traditional casinos, heightening concerns about problem gambling and the…
Home Daily News SCOTUSblog founder Tom Goldstein faces tax… Tax Law SCOTUSblog founder Tom Goldstein faces tax evasion charges By Amanda Robert and Lee Rawles January 16, 2025, 3:58 pm CST SCOTUSBlog publisher and co-founder Tom Goldstein was indicted on federal tax evasion charges Thursday. (Photo by Alex Brandon/The Associated Press) Updated: SCOTUSblog publisher and…
(Reuters) — China Evergrande said on Monday that a court in Hong Kong had ordered one of its key offshore units to be wound up, the latest in a slew of legal victories for the embattled developer’s liquidators. The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September, in a…
Is Joann Fabric going out of business? Retailer warns of possible liquidation in second Chapter 11 bankruptcy Fast Company Read the original article here