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Category Archives: Gambling

Essex widow’s ex-boyfriend left her homeless as judge orders him to repay her £300k – Daily Mail

GamblingBy Insolvency GuardianJuly 1, 2016

Lyn Walcott had to move in with friends after lending money to boyfriend Martin Forster, 57, claimed he owned four jewellery shops and four houses But he never repaid any money and Mrs Walcott took her case to court  He denies cheating and claims it will be proven that she owes him money By Mark…

Turnbull government unlikely to win over arts sector at the ballot box – The Canberra Times

GamblingBy Insolvency GuardianJune 30, 2016

Tony Ayres’ advice to voters is simple. Author Michael Robotham says: “Traditionally, the Labor Party has been a better friend to the Arts than the Coalition … ”  Photo: Michele Mossop “I would say that anyone who cares about the future of the arts and screen industry in Australia will not be voting for the…

Make your savings election-proof – NEWS.com.au

GamblingBy Insolvency GuardianJune 29, 2016

David Koch shares five top tips to save money. There are some golden rules you should follow before the upcoming Federal Election to make your money work. THE election campaign is coming down to the wire and the scare tactics being implemented by all sides of politics are being cranked up. Some of the claims…

Gambler ‘steals’ from friend to pay off debt in Dubai – 7DAYS.ae

GamblingBy Insolvency GuardianJune 29, 2016

He stole the wallet and withdrew Dhs2,000 from his friends bank account A cleaner is accused of stealing his friends wallet in order to pay off gambling debt. Dubai Court of First Instance was told the 24-year-old Pakistani was a regular gambler and had lost money. On January 8 he stole the wallet and withdrew…

No pokies in WA: Barnett – WAtoday

GamblingBy Insolvency GuardianJune 29, 2016

Western Australia will not join the other states and allow pokies in pubs but the state government is divided on whether to allow an expansion of other gambling products as part of its sale of the TAB. Both Premier Colin Barnett and Racing and Gaming Minister Colin Holt firmly ruled out allowing pokies to be…

Atlantic City, NJ, hires lawyers to restructure debt – Reuters

GamblingBy Insolvency GuardianJune 28, 2016

Atlantic City, New Jersey’s fiscally distressed gambling hub, has hired public finance attorneys to restructure some of its $240 million of outstanding bond debt, Mayor Don Guardian said on Tuesday. New Jersey law firm McManimon, Scotland & Baumann will work on reducing the city’s debt load, much of which it took on to pay back…

No pokies in WA: Premier – NEWS.com.au

GamblingBy Insolvency GuardianJune 28, 2016

Western Australia will not join the other states and allow pokies in pubs but the state government is divided on whether to allow an expansion of other gambling products as part of its sale of the TAB. Both Premier Colin Barnett and Racing and Gaming Minister Colin Holt firmly ruled out allowing pokies to be…

TAB sale: More gambling machines in WA would be ‘serious mistake’, social welfare advocates warn – ABC Online

GamblingBy Insolvency GuardianJune 27, 2016

The possible expansion of gambling in Western Australia as part of the sale of the TAB would be a serious mistake, social welfare advocates say. The Barnett Government has been investigating the sale of the state-owned betting agency for the past two years, as it seeks to bring down public debt. Racing and Gaming…

Old-fashioned dealmaker: Ken Moelis, CEO, Moelis & Company – Financial Times

GamblingBy Insolvency GuardianJune 26, 2016

Ken Moelis admits that launching a boutique investment bank in the middle of a global financial crisis was not the most obvious move for a banker trying his hand at being an entrepreneur for the first time. Do you know how many people told me we were going to go bankrupt? Eve­­ry­­one, says the veteran…

Time for entertainment outlets to curb illegal gambling – Malaysiakini (subscription)

GamblingBy Insolvency GuardianJune 25, 2016

The inspector-general of polices (IGP) admission and proposals where he urged that all entertainment outlets be placed within one designated area in each state (Free Malaysia Today, June 24, 2016) ought to be lauded and seriously studied, as illegal gambling disguised as entertainment outlets have of late spruced up sporadically in strategic locations We cannot…

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