Betting Syndicate Collapses After Alleged Kidnapping By Australian Crime Network

Posted on: March 16, 2026, 07:49h.  Last updated on: March 17, 2026, 05:03h. Australian betting syndicate collapses owing $1.5 million to creditors Founder allegedly kidnapped by the Alameddine crime network over gambling debt Liquidators find less than $1,000 remaining in collapsed betting venture An Australian sports betting syndicate has collapsed owing about $1.5 million, just…

The average U.S. household carried $11,500 in credit card debt

Americans added significantly to their credit card balances last year, according to data from the Federal Reserve. INDIANAPOLIS — Americans added significantly to their credit card balances last year, pushing total debt to $1.39 trillion, according to data from the Federal Reserve. For the average household, that’s roughly $11,500 in credit card debt. John Kiernan with…

Star Entertainment Seeks $400M Refinance From US Lender

Executives from US-based private credit firm WhiteHawk Capital recently traveled to Australia to visit properties operated by Star Entertainment Group as the casino operator seeks to secure a major refinancing agreement. The company is attempting to arrange a deal worth more than $400 million that would replace an existing $430 million loan facility. Star hopes…