On Thursday, the Justice Department announced that they had arrested some 30 people involved in illegal gambling—in particular, sports gambling. It is potentially the biggest sports gambling scandal since the college point-shaving scandal in the early 1950s. One of those arrested, Miami Heat guard Terry Rozier, allegedly used inside information to set up fraudulent bets.…
Step 1: Invest in yourself by upskilling When we talk about building wealth, it’s easy to picture large share portfolios or property investments but the best first move can be investing in yourself. How? Through upskilling. “Financial wellbeing is about creating choice for the future and being financially resilient,” says Darlene Neu, financial wellbeing expert…
Oct 23, 2025, 08:50 PM ET On May 14, 2018, just after 10 a.m. ET, the United States Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992, the federal statute that had restricted legal betting to primarily Nevada for 26 years. It was a landmark decision for two of America’s favorite…
Exclusive: Government Debt Relief Fuels Delinquency Surge, Lawyer Ads 조선일보 Read the original article here
UFC boss Dana White reportedly owes $25 million in gambling debt MSN Read the original article here
NEW YORK – New York City Mayor Eric Adams today announced that his administration has already helped cancel nearly $135 million in medical debt for over 75,000 New Yorkers. Last year, Mayor Adams launched a pioneering program that — through an $18 million investment by the city over three years — will relieve some or all of…
Krungthai Card Public Company Limited (SET: KTC) notes that a significant number of Thais continue to face major obstacles in personal financial management, with household debt remaining persistently high. As of 2024, household debt stands at over 90% of GDP—the highest ratio in Southeast Asia. Most debts arise from necessary expenditures, such as consumer loans,…
During her uninhibited youth Princess Margaret considered it her second home. Although Prince Philip earned more attention from a single night there, one which he danced away not with his wife, then Princess Elizabeth, but actress Pat Kirkwood, whose legs one admirer described as ‘the eighth wonder of the world’. Since then, Les Ambassadeurs, the most opulent…
Speaking of debt: Framing, guilt, and economic choices CEPR Read the original article here
In many Germanic languages, the commonly used word for “debt” also means “guilt”, which carries a strong moral connotation. Commentators have long suspected that this linguistic overlap may lead to greater debt aversion. Former French finance minister Bruno Le Maire invoked this idea to explain Germany’s fiscal conservatism: “In Germany, debt is ‘die Schuld’. It’s…