For all of us involved in frontline support for people experiencing problem debt, it’s perhaps inevitable that we tend to focus on the most immediate priority of helping people to stabilise their most pressing difficulties. But it’s also important to recognise both the need and the aspiration of many people in debt and on low…
COLOMBO – The Government of the Democratic Socialist Republic of Sri Lanka has announced indicative results of its recent consent solicitation and invitation to exchange concerning the country’s existing bonds. The initiative, which launched on November 25, 2024, has seen significant bondholder participation ahead of the December 12, 2024, expiration deadline. According to the indicative…
Politics / December 13, 2024 Four years after hearing the president promise bold action on student debt, most borrowers are still no better off, and many—especially defrauded debtors—are measurably worse off. … Read the original article here
More than 420,000 British gamblers lose at least £2,000 a year, according to a major report that warns losses on the most addictive products are “strongly skewed” towards deprived areas. The report lays bare the punishing losses incurred by the heaviest gamblers and raises “concern” at the low level of intervention by gambling companies to…
This article is based on an interview with a 35-year-old man who is in recovery for gambling addiction. We have removed or changed some details to protect his identity. Parts of the story have been edited for clarity and brevity. If I had to put a number on how much I’ve lost gambling, I’d say…
‘Gamble, gamble, gamble, that’s all I cared about’ BBC Read the original article here
Aug. 13—On Oct. 13, 2017, Ron Meyer, the former Hollywood mogul who headed Universal Studios for 18 years, gambled at Mohegan Sun. “He did not win.” So says a revised complaint the Mohegan Tribal Gaming Authority filed in late June in New London Superior Court, alleging Meyer owes the casino $2,782,500. That’s after the casino…
Deutsche Bank to Lead $4.3 Billion Debt Deal for Casino-Equipment M&A Bloomberg Read the original article here
The Thai Cabinet approved a package of debt relief measures, including interest suspensions and reduced principal payments. The initiative aims to alleviate the financial burden on individuals and businesses struggling with economic challenges. By suspending interest and reducing principal payments, the government seeks to provide immediate relief and prevent defaults. These measures are expected to…
Aaron Rose boarded a cruise after losing a loved one and receiving an inheritance He racked up $30,000 in gambling debts across a 10-day cruise He alleges that staff served him while he was significantly intoxicated, claiming they were bringing him drinks as soon as his glass was empty Aaron Slade stepped on a P&O…