Meridianbet completes debt-to-equity conversion agreement with Golden Matrix Group (GMGI)

Zoran Milosevic, CEO of Meridianbet, commented on the deal: “This recent debt-to-equity conversion demonstrates our clear commitment to the strategic objectives of our corporation and to the long-term growth of Golden Matrix Group. The transaction also resolves pending obligations, improves cash flexibility, and ensures alignment with our stakeholders.” Deal details Announced on August 20, the new…

Triple Point Private Credit strengthens support for The Electric Car Scheme with debt facility to accelerate EV adoption

Triple Point’s Private Credit team has expanded its funding relationship with The Electric Car Scheme, a UK-based EV salary sacrifice provider, through the arrangement of a newly structured revolving credit facility. The facility will enable investment for continued growth, product innovation, and strategic expansion. The Electric Car Scheme enables employers to offer EV salary sacrifice schemes…

Man jumps off cruise ship to dodge his casino debt

Sometimes bad decisions look… spectacular. Other times… stupid. Jey Gonzalez-Diaz apparently thought the best way to skip a $16,710 (about R290,000) gambling debt on a Royal Caribbean cruise was to leap straight into the ocean. According to CBS News, Gonzalez-Diaz was on the Rhapsody of the Seas, returning from Barbados to the Port of San Juan on August…