In our weekly legal column, the Leader, with the expert advice of the team at GHP Legal, sets out to answer some of your problems. Today’s question is answered by partner Nathan Wright… Q: While he was furloughed, getting paid but not working, my husband started gambling online. He ran up huge debts we cannot…
Entains board has secured a first lien term loan, valued at $1.12bn, to refinance the companys long-term corporate debt holdings. The FTSE100 gambling group will use the proceeds of its new loan to refinance its outstanding loan debt, which currently stands at $774m and was due to mature from 29 March 2024. The transaction sees…
By Adria Calatayud Flutter Entertainment PLC said Monday that it has completed a debt refinancing that will reduce its cost of debt and provide it with additional liquidity. The Dublin-based betting and gambling company estimates the transaction will result in interest savings of around 50 million pounds ($68.8 million) a year, based on its debt…
Follow us on Telegram for the latest updates: https://t.me/mothershipsg In 2016, Max Leong brought S$500 with him into a casino and walked out later that night with a staggering haul of S$20,000. While this would be a dream come true for many, it was in fact the start of a nightmare for Leong, as he…
A charity says it is preparing for a post-Euros spike in calls for help from gamblers struggling with the combination of lockdown and a summer of sport. GamCare said the full impact of the Euros was still unknown, but it was preparing for an increase in requests for help over the coming months from gamblers…
Dear Readers: Whelp, we’ve probably known about it for a while, and we just don’t like to face it or talk about it: debt. The average American has anywhere between $40,000 and $90,000 in total debt, many experts agree. Debt can come from many sources, but a big reason for all of this debt is…
No explanation The Mohegan Sun casino in Connecticut has dropped its lawsuit against Ottawa Senators owner Eugene Melnyk relating to an alleged $900,000 gambling debt. The plaintiff claimed that the pharmaceutical billionaire and NHL team owner had $900,000 in unpaid casino markers from his visit to the casino resort over St. Patricks Day weekend in…
DEAR READERS: Well, we’ve probably known about it for a while, and we just don’t like to face it or talk about it: debt. The average American has anywhere between $40,000 and $90,000 in total debt, many experts agree. Debt can come from many sources, but a big reason for all of this debt is…
Mohegan Sun has withdrawn a lawsuit against an National Hockey League team owner it claimedfailed to pay a $900,000 gambling debt. The withdrawal, filed Friday in New London Superior Court, provides no information about the terms of any settlement the casino may have reached with Eugene Melnyk, the Canadian billionaire who owns the Ottawa Senators.…
Posted on: July 13, 2021, 02:09h. Last updated on: July 13, 2021, 02:09h. Ed Silverstein Read More Gambling debt reportedly was the motive behind a Brooklyn, N.Y. man fatally stabbing his father in the chest on July 4, according to published reports. The suspect was apprehended on Sunday in the boroughs latest deadly crime tied…