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Category Archives: Gambling

Wisconsin Problem Gamblers’ Average Debt Surpasses $34000 According to WCPG – Casino Games Pro

GamblingBy Insolvency GuardianApril 2, 2018

The average debt of problem gamblers in Wisconsin reached $34,078 in 2017, according to data gathered by the Wisconsin Council on Problem Gambling (WCPG). Last year, the councils helpline received a total of 12,674 calls from local residents asking for help. The executive director of the Green Bay organization, Rose Blozinski, explained…

Husband left bankrupt by Indonesian wife who gambled away £3.5m … – Metro

GamblingBy Insolvency GuardianApril 2, 2018

Christopher Forte says he thought he was giving his new wife Juliana money to help sort out her visa A man says he was left broke by his wife after she gambled away £3,500,000 and he only found out after their marriage had already ended. Christopher Forte said he was smitten with wife Julia Posman…

Average debt of problem gamblers in Wisconsin exceeds $34000 – Appleton Post Crescent

GamblingBy Insolvency GuardianApril 1, 2018

Gambling addictions are leading to soaring debt and a bevy of other problems in Wisconsin.(Photo: Getty Images/iStockphoto) APPLETON – They max-out credit cards, drain their savings and checking accounts, seek payday loans, borrow money from relatives and friends, steal from employers and write bad checks. On rare occasions, they even rob banks. On average, they…

Billy Walters on his conviction, gambling — and ex-friend Lefty – ESPN

GamblingBy Insolvency GuardianMarch 30, 2018

8:38 AM ET THE WORLD’S MOST feared sports gambler is out of the game. William “Billy” T. Walters, 71, who in his prime had the financial muscle and acumen to move betting lines worldwide and scared Las Vegas sportsbooks and offshore gambling operators to the degree that they refused to take his bets, is laying…

Fan favorite Phil Mickelson still pushing for grand slam glory – CNN

GamblingBy Insolvency GuardianMarch 30, 2018

Phil Mickelson has been wowing fans with his swashbuckling style and engaging demeanor for nearly 30 years. The Mickelson thumbs up is a trademark, as is the bashful grin, the looping swing and the loping gait of a gunslinger. Being left handed has always marked him out (particularly as he’s right-handed in everything else), but…

Billy Walters on his conviction, gambling — and ex-friend Lefty – ESPN

GamblingBy Insolvency GuardianMarch 30, 2018

12:38 PM GMT THE WORLD’S MOST feared sports gambler is out of the game. William “Billy” T. Walters, 71, who in his prime had the financial muscle and acumen to move betting lines worldwide and scared Las Vegas sportsbooks and offshore gambling operators to the degree that they refused to take his bets, is laying…

Suspect admits killing monk over boxing wager – Bangkok Post

GamblingBy Insolvency GuardianMarch 30, 2018

Murder suspect Makhata Seesai, 38, shows how he beat a 63-year-old monk to death with a large yellow candle in a fit of anger at a temple in Phitsanulok after they argued over a gambling debt. (Photo by Chinnawat Singha) PHITSANULOK: A man arrested for beating an elderly monk to death and fleeing in a…

Imperial Pacific writes off half a billion dollars in bad VIP debts – CalvinAyre.com

GamblingBy Insolvency GuardianMarch 29, 2018

Saipan casino operator Imperial Pacific International Holdings (IPI) saw its profits fall more than one-third in 2017 despite revenue more than doubling year-on-year. On Thursday, IPI informed the Hong Kong Stock Exchange that its net revenue hit HK$8.15b (US$1.04b) in calendar 2017, just over twice the sum generated in 2016. Gross profit more than doubled…

The Star raises $490m from Chow Tai Fook, Far East, promises dividend boost – The Australian Financial Review

GamblingBy Insolvency GuardianMarch 29, 2018

Gambling company The Star Entertainment Group will raise $490 million from its Hong Kong-based partners as part of a tie-up that will reduce its exposure to the cost of new casinos and hotels and allow a dividend boost to investors.  The company said on Thursday that leisure conglomerate Chow Tai Fook and developers Far East…

Threat from alleged Mafia boss ended mobster’s work as police informant, cocaine trial hears – Ottawa Citizen

GamblingBy Insolvency GuardianMarch 28, 2018

Cosimo Commisso in 1981. File Share Adjust Comment Print TORONTO A well-connected Toronto mobster who had secretly been working with police to penetrate the citys powerful Mafia clans knew his time as a double agent was running out when a man he considers one of the most powerful mob bosses threatened him. Carmine Guido had…

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