Australia’s gambling losses have surged from $25.6bn annually pre-Covid to $32bn in 2022-23, according to new data from the Queensland government. The data, released on Tuesday, revealed Australians are now losing $1,555 per capita, up from $1,395 in 2021-22. The Alliance for Gambling Reform has seized on the worsening losses to call for full implementation…
(Bloomberg) — A key bondholder group of Country Garden Holdings Co., one of China’s most closely watched developers ensnared in the broader property crisis, isn’t on board with restructuring terms unveiled Thursday, people familiar with the matter said. Most Read from Bloomberg The new proposals by Country Garden aren’t supported by the so-called ad hoc…
Australians face rising credit card debt after festive overspending; experts suggest debt consolidation loans to regain financial control. Thousands of Australians who had planned to cut back on their spending over the summer due to the ongoing cost-of-living crisis have found themselves overspending during the festive season, leaving their finances in disarray. According to brokerage…
Lower credit scores, increased bankruptcies, more debt sent to collections, and more incidents of domestic violence tied to local team losses. That’s what Minnesotans would be inviting if the Legislature legalizes sports betting, according to authors of recent studies on wagers, who appeared at a hearing of the Senate Finance committee Wednesday. In 2018, a…
Marat Lerner stole $2.5 million from financially distressed clients, funneling funds into luxury purchases while leaving victims bankrupt and facing foreclosure. Marat Lerner, the former president of a Brooklyn-based debt relief services company, was sentenced to prison for 11 years and three months on Tuesday for conspiracy to commit wire fraud and wire fraud. The…
Shocked young man sitting on sofa at home with phone in hands and looking worriedly at screen. Lost … [+] money in online games, betting, bankruptcy, fraud. getty We are in the middle of what I like to call “peak sports.” At the time this will be posted, Major League Baseball and the WNBA will…
MGM Casino Denies Claims Bruno Mars Owes $50 Million Gambling Debt MSN Read the original article here
Shohei Ohtani was the story of the 2024 MLB offseason. How could it be anything else? Ohtani, a two-way sensation, hit free agency after putting up MVP-worthy numbers as a hitter and Cy Young-caliber numbers as a pitcher. After weeks of rumors and rumblings, Ohtani’s next destination was finally decided. After spending six years with the Angels,…
In January, 1986 Dayton bookie Richard “The Skin Man” Skinner secretly recorded a conversation with Cincinnati Reds legend Pete Rose about Rose’s gambling debt to Skinner. Dayton Daily News reporter Wes Hills obtained the recording in 2002 from U.S. District Court in Dayton after it was seized during a raid of Skinner’s home several years…
The NBA asked Michael Jordan if he was gambling on Chicago Bulls games after they found out he had a $1.2 million gambling debt. During the 1993 playoffs, Richard Esquinas — a one-time general manager of the San Diego Sports Arena — wrote in his book that Jordan owed him more than $1.2 million in…