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Category Archives: Gambling

James Stunt, Divorce, and a Large Gambling Debt – USA Online Casino News

GamblingBy Insolvency GuardianApril 17, 2019

James Stunt is being pursued over a 1 million debt he accrued while gambling. Stunt claims he will find the cash to pay his debt by selling Monet and Picasso portraits he once lent toPrince Charles. Stunt, who is known as a playboy and is the former husband of Formula 1 heir Petra Ecclestoneallegedly ran…

High Roller Refuses to Pay his Debt to Casino due to Dealer Mistakes – GamblersNews

GamblingBy Insolvency GuardianApril 16, 2019

The court documents have revealed that businessman Wong Yew Choy visited Queensland Casino on July 26. Before departure, he was supposed to pay his A$43.2 million ($30.6 million) debt but did no such thing, claiming that during his stay, dealers made mistakes which werent specified. Star Entertainment QLD is ready to pursue this matter to…

Problem Gamblers Using PayPal to Gamble Legally – USA Online Casino News

GamblingBy Insolvency GuardianApril 16, 2019

PayPal has been accused of allowing compulsive gamblers tospend up to 150,000per day, which prompts concerns that gambling addicts are utilizing PayPal to get around the limits established by traditional banks. MPs and gambling experts called for PayPal to exercise more responsibility to stop gamblers from accruing colossal debtthat could force them into bankruptcy. The…

Star sues high roller over $43.2m gambling debt – Northern Star

GamblingBy Insolvency GuardianApril 15, 2019

STAR Entertainment Group says it is “vigorously” pursuing a Singaporean high roller who claims dealing “mistakes” entitle him to write off a $43.2 million gambling debt on the Gold Coast. In a case set to provide a fascinating insight into the world of high-stakes casino betting, Star is suing Dr Wong Yew Choy in the…

Online casino goaded addict to gamble away £20,000 on sister site – The Guardian

GamblingBy Insolvency GuardianApril 14, 2019

The Gambling Commission is investigating claims that the online casino company LeoVegas accepted 20,000 from a problem gambler who had stolen the money from his mother, and then bombarded him with emails encouraging him to keep betting. Details of the case, uncovered by the Guardian, sparked renewed calls from campaigners and politicians for gambling companies…

UK Government Intends on Imposing a Ban on Credit Card Gambling – Casino Guardian

GamblingBy Insolvency GuardianApril 12, 2019

The Government of the United Kingdom is inclined to impose an outright ban on gambling with credit cards, which is established as a risk factor for developing problem gambling behaviours and fueling a gambling addiction. Following calls by the Labour Party for stopping the practice of gambling with money that you do not actually…

Star sues high roller over $43.2m gambling debt – Queensland Times

GamblingBy Insolvency GuardianApril 12, 2019

STAR Entertainment Group says it is “vigorously” pursuing a Singaporean high roller who claims dealing “mistakes” entitle him to write off a $43.2 million gambling debt on the Gold Coast. In a case set to provide a fascinating insight into the world of high-stakes casino betting, Star is suing Dr Wong Yew Choy in the…

Government hints at action to clamp down on gambling with credit cards – The Sun

GamblingBy Insolvency GuardianApril 11, 2019

THE Government may ban gambling with credit cards, a minister hinted yesterday. Culture Secretary Jeremy Wright said it intends to take action on the back of recommendations from the Gambling Commission on the issue. Getty – Contributor The Government has hinted towards action to clamp down on gambling with credit cards He told MPs he…

Yes, You Can Deduct Your (Illegal) March Madness Betting Losses on Your Taxes – OZY

GamblingBy Insolvency GuardianApril 11, 2019

So you put down a cool $50 in your March Madness pool and confidently selected Duke as your 2019 Mens NCAA Tournament champion. After all, with three top prospects in this years NBA draft, the Blue Devils were as close to a sure thing as possible in the tourney. But thats why they call it…

The Invisibles: Dealing With a Gambling Addiction – Oklahoma Watch

GamblingBy Insolvency GuardianApril 9, 2019

Nearly eight years into addiction recovery, Nicole Zoellner is still paying off $180,000 in gambling debt. [embedded content] The Perry woman is married and has two children who now know of her struggles with a gambling addiction. She said she didnt tell her husband about her problem until several months into recovery. She broke the…

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