Nevadas largest casinos wrote off $70.1 million in casino credit as unpayable in the most recent fiscal year, according to figures from state gaming regulators. The information was made public in the annual Nevada Gaming Abstract. The figure represented 0.6 percent of gaming revenue in the fiscal year that ended June 30, 2017. The 272…
Chinas supreme court released a new interpretation of the countrys marriage law on Wednesday detailing how courts should handle debt dispute cases that usually involve divorced couples. In the document, the Supreme Peoples Court says that in cases where a loan was taken out under the name of one individual to cover costs beyond the…
A HALESOWEN man who ran up a gambling site bill for more than £1,000 on a work mobile phone has been locked up for 10 months. Allan Clarke kept ringing a telephone gambling app and also ordered £4,300 worth of power tools on the company account and sold them on, said Andrew Wilkins, prosecuting. He…
GAMBLERS are feeding millions of dollars into Central Queensland’s pokie machines every month, new research has revealed. According to Queensland Government Gamlbing and Liquor statistics, last month alone more than $9.19 million was put through the CQ region’s 2541 machines, with Rockhampton punters throwing in $4.1m of that price. Rockhampton currently has 1029 electronic gaming…
Maria* is 68-years-old. She has been living alone for many years following a divorce. Maria is unable to work due to chronic medical conditions, however, she is still paying off a home loan and is saddled with two credit card debts which her aged disability pension doesnt come close enough to helping with. Finances regularly…
GEORGE HEARD/STUFF A sign in central Christchurch puts a positive spin on the revenues raised – or lost, depending on your perspective – from gaming machines. Millions of dollars each year are flowing from some of the poorest communities in Christchurch into the hands of clubs and charities via pokies scattered around the city. A case…
Fraud in Britain has risen by more than 500% over the last 15 years, while the latest data available has revealed a 6% increase in major scams over the course of 2017. Financial services saw the largest sectoral glut of fraudulent activity, meanwhile, boasting a bill of just under £900 million. In 2016, the total…
James Packer’s decision to end his alliance with fellow billionaire Lawrence Ho and retreat to Australia has already cost him and his fellow investors $2.5 billion and a big stake in one of the world’s most-ambitious casino operators. Melco Resorts & Entertainment, the Ho family’s casino business, has surged since Mr Packer started to sell…
Tortured. Anguished. Frustrated. This describes the dark, twisted title character at the heart of Phantom of the Opera, the longest-running musical in Broadway history and a production seen by over 130 million people worldwide. But it also describes playwright/composer Andrew Lloyd Webber during the turbulent process of revising and remounting that shows sequel Love Never…
News Jesica Fino 15 Jan 2018 08:30am The value of fraud in the UK has risen by 538% in the last 15 years, reaching a total of £2.11bn in 2017, according to BDO … Read the full article at: http://economia.icaew.com/en/news/january-2018/value-of-uk-fraud-hits-15-year-high