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…
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WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse. The agency is issuing an advance notice of proposed rulemaking to gather additional public input on potential amendments to the regulation…
Ofgem outlines plans to wipe £1bn of consumer energy debt Utility Week Read the original article here
Sen. Elizabeth Warren led over 20 colleagues in requesting the CFPB and FTC investigate student-loan company Navient. They said they’re concerned that Navient might be improperly denying defrauded borrowers debt relief. Navient said it’s committed to getting relief to borrowers, but the discharge process is still in its early stages. A group of Democratic lawmakers…