Richmond could be one of the communities to benefit after more than a million dollars was created by the provincial government to tackle gambling addiction. The B.C. government announced two weeks ago that $1.2 million in funding would be immediately dedicated to new, front-line, out-of-casino services such as early intervention, counselling and harm reduction –…
Editors Note: The following is the first in a three-part series running today, Wednesday and Thursday on the grey area of offshore online gambling. Its being called the new crack cocaine of the gambling world, luring those already hooked on games of chance and making addicts of an entirely new generation of players. Meet online…
As Gov. Cuomo and the Legislature prepare this years economic development strategy, let us hear no more fanciful hopes and dreams about the supposed benefits of expanding casino gambling in New York. An ill-advised 2013 referendum that approved up to seven new full-scale gambling casinos has already proved to be a disappointment, delivering far…
Shadow debt broadly refers to a type of wealth management products (WMPs) that are sold off the books to Chinas swelling middle-class as they look for risk-free savings options preferable to the gambling culture of the stock market while offering superior returns when compared to the savings rates offered by banks. Savers are usually offered…
Three years on from recognising his gambling addiction, Antony Smith can look forward to 2018 thanks to help with his finances and running. Antony, 28, a web designer, had already run up gambling debts approaching £36,000 when a bad result in an obscure Mexican league football match plunged him into despair as another £600 was…
In a tale of gambling addiction posted to Reddit shortly before Christmas, the numbers were as shocking as they were unsurprising. First the anonymous addict frittered away $200 (£149), in November 2016. Then $700 more, later that month. Then $300, $400, $1,500 eventually, by December 2017, a credit card debt of $16,000, too large to…
Gambling has become a social plague in Georgia, especially in the countryside. But institutions are very slow in regulating this sector (Originally published by Chai Khana ) When 28-year-old manual laborer Elshan Gulmammadov took to the slot machines in the Georgian town of Marneuli last year, all he wanted was money for the birth of…
The last week saw gambling industry players Penn National Gaming Inc. PENN and Boyd Gaming Corporation BYD announcing buyouts. Melco Resorts & Entertainment Limited MLCO announced the launch of a luxury hotel brand, NUWA. Week’s Most Important Stories in Detail Penn National agreed to buy Pinnacle Entertainment Inc. (PNK) for $1.87 billion in cash and…
The last week saw gambling industry players Penn National Gaming Inc. (PENN – Free Report) and Boyd Gaming Corporation (BYD – Free Report) announcing buyouts. Melco Resorts & Entertainment Limited (MLCO – Free Report) announced the launch of a luxury hotel brand, NUWA. Weeks Most Important Stories in Detail Penn National agreed to buy Pinnacle…
In this interview with CalvinAyre.coms Becky Liggero, Conny Dorrestijn of Holland Fintech points out what the gambling industry needs to do to improve its reputation. Business reputation is a by-product of what people think and feel about a business. It is based on what theyve heard, the facts they have gathered, and most importantly, their…
