This article is the second of a three-part series looking at issues surrounding debt lawsuits in state courts. State courts should offer a path to resolution for the millions of Americans sued for debt each year. Too often, however, consumers involved in litigation must deal with inadequate information, confusing processes, and outdated, ineffective policies that…
High-Profile SCOTUS Attorney Accused Of Using Firm’s Money To Pay Gambling Debt MSN Read the original article here
Filipinos battle addiction amid online gambling boom BusinessWorld Online Read the original article here
High-Profile SCOTUS Attorney Accused Of Using Firm’s Money To Pay Gambling Debt MSN Read the original article here
Online gambling has emerged as a lucrative sector in Southeast Asia, luring in foreign investors and capital across the region. Consisting of live casino games, online gaming machines, and sports betting, the sector is primarily driven by offshore Chinese gamblers. By setting up operations in states with liberal gaming laws, they effectively evade China’s stringent ban on gambling…
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…
High-Profile SCOTUS Attorney Accused Of Using Firm’s Money To Pay Gambling Debt MSN Read the original article here
Inflation may be easing but Australians are still acutely feeling the effects of higher prices, with a substantial increase in people seeking financial help. More than 169,000 people sought help from the National Debt Helpline in 2024 – a 12 per cent increase on the previous year. The increase showed how difficult it was for…
More than 169,000 people sought help from the National Debt Helpline in 2024 – a 12 per cent increase on the previous year. The increase showed how difficult it was for many Australians to get by at the moment, said Peter Gartlan, co-CEO of Financial Counselling Australia, which co-ordinates the helpline service. “Cost-of-living pressures are…
Extralegal governance institutions refer to private or nonstate mechanisms, such as norms, rules, organizations, and behavioural equilibria, which are used to mitigate risks, promote cooperation, and deter opportunism (Dixit, 2004; Leeson, 2008). This section first examines the risks faced by participants in illegal markets and how these risks evolve when illegal transactions move online. It…