The High Court of the Republic of Singapore has ruled that a foreign casino cannot collect gambling debts through its justice system. The interior of The Venetian Macau is pictured in a file photograph from June 2023. The casino resort unsuccessfully pursued the collection of a $2.4 million gambling debt incurred by a citizen of…
A Singapore High Court ruling has stopped Venetian Macau Ltd from enforcing a HK$19.35 million (US$2.5 million) gambling debt against a VIP customer whose assets are held in Singapore. The September 4 decision involved Hu Yangning, a businesswoman who had been a VIP customer at Marina Bay Sands in Singapore. According to evidence considered by…
In January 2022 the National Credit Regulator put out a statement about adverts running on Facebook, Instagram and Twitter. They promised debt “written off” and “government approved” relief, and some carried images of senior public officials. The regulator’s verdict on the lot of it was “all lies”, says Rowan Breeds, Debt Counsellor, Debt Solutions 4U.…
Singapore court rejects Venetian Macau debt claim Focus Gaming News Read the original article here
Singapore High Court ruling curbs recovery of foreign gambling debts sigma.world Read the original article here
Shoppers browse a market in Seodaemun-gu, Seoul, on Nov. 6. Photo by Kim Jung-hoon The Korea Asset Management Corporation, the state-run agency handling debt relief for small business owners, is projected to see its debt-to-equity ratio reach 350% this year. The figure exceeds its earlier target by more than 110 percentage points as the Lee…
Palace: Tax reforms can help reduce PH debt politiko.com.ph Read the original article here
Why health is the next frontier for debt swaps African Business Read the original article here
1,777 Youths Self-Report Cyber Gambling in South Korea’s Self-Reporting Period 조선일보 Read the original article here
As of March this year, the per capita debt of citizens in the country has reached Tk129,239. Finance Minister Amir Khasru Mahmud Chowdhury shared this information in the national parliament. In response to a query from Member of Parliament Reza Ahmed on Sunday (September 6), the Finance Minister stated that to reduce the burden of…