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…
By: Jason Lisk | 56 minutes ago Follow @jasonlisk It was quite the eventful year in sports media. The absurd became reality around the country, and that seeped into the sports world. So many crazy things happened that its easy to forget them all, and there are some strong candidates in a normal year that…
London – Sitting in his prison cell, Paul Buck was determined that something good would come out of a secret addiction that had seen him gamble away millions, attempt suicide and almost destroyed his marriage. The British former wealth manager had a year behind bars to think about it, after being jailed for stealing 434…
A controversial judicial interpretation of China’s Marriage Law that makes people pay their ex-spouses’ debts is expected to be revised amid rising demand from the public over the past few years. Shen Chunyao, chairman of the Legislative Affairs Commission of the National People’s Congress (NPC) Standing Committee, said in a report delivered on Sunday at…
Late cycle behavior is everywhere these days. Governments have stopped worrying about deficits, and now the rest of us are apparently joining the orgy. Corporations, for instance, are buying each other out – mostly with borrowed money – at a record pace: December’s $361 Billion Deal Haul Is the Busiest in a Decade (Bloomberg) –…
