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This story is a collaboration between ProPublica Illinois and WBEZ Chicago, co-published with the Chicago Sun-Times.The machines, which legislators said
NATHAN Tinkler says that while his time as the Hunters best known coal baron may not have gone to plan, he is not regretful of his tenure owning the regions two major sporting flagships. Speaking to yourmoney.com.au, Tinkler denied any wrongdoing in the appalling event of ICACs Operation Spicer hearings and said the Knights had reverted to being funded by Newcastles pokies players. He also maintained he had acted ethically throughout his career. Im not like a lot of other coal people. Im not in the Panama Papers and I dont hide things overseas, he told yourmoney.com.au. Im a country boy that had a knack for coal. Im not an accountant or a lawyer so hiding things to my detriment hasnt been my forte. Its t…
This story is a collaboration between ProPublica Illinois and WBEZ Chicago, co-published with the Chicago Sun-Times.
The machines, which legislators said would generate billions of dollars in revenue for the cash-strapped state, are spread out over 6,800 establishments, dotting highways and towns from Winnebago County in the north to Alexander County in the south. Step outside the borders of Chicago, where video gambling remains illegal, and you will see feather flags, billboards and neon signs advertising video slots and poker in bars and restaurants, truck stops and storefront gambling parlors.
Illinois now has more locations to legally place a bet than Nevada.
But the meteoric rise of video gambling has proven to be little mo…
Legalizing video poker and slots was supposed to generate billions of dollars for the state. A decade later, that hasnt happened. Now, legislators want to double down on gambling.
Nearly a decade ago, Illinois lawmakers legalized video gambling. Today, more than 30,000 video slot and poker machines operate outside casinos here, more than any other state in the country.
The machines, which legislators said would generate billions of dollars in revenue for the cash-strapped state, are spread out over 6,800 establishments, dotting highways and towns from Winnebago County in the north to Alexander County in the south. Step outside the borders of Chicago, where video gambling remains illegal, and you will see feather flags, billboar…
YAKIMA, Wash. — The big buzz among Yakima Valley shoppers is Shopkos decision to close one of its Yakima-area stores.
A liquidation sale for the store at 5801 Summitview Ave. started last week. The store is expected to close in early April. The company earlier said it had no information on whether the Shopko store in Union Gap and a Shopko Hometown store in Prosser would also close.
It turns out that the closure of the Yakima store along with nearly 40 others nationwide was part of the retailers restructuring effort. Shopko, based in Green Bay, Wis., announced Wednesday that it has filed for Chapter 11 bankruptcy with the U.S. Bankruptcy Cou…
LOS ANGELES-LONG BEACH, Calif., Jan. 19, 2019 /PRNewswire-PRWeb/ — There are a number of financial steps people can make at the start of the year and National Debt Relief shares some of them. The article titled “6 Smart Financial Steps You Absolutely Need to Take This Year” released January 7, 2019, gives consumers some insights on specific money moves they can make to improve their finances for the year.
The article starts off by highlighting the fact that there are a number of smart financial moves consumers can make to help prepare them for the year. The objective is that these decisions will impact peoples finances for the whole year. This will help them reach their long term goals faster and strengthen their finances as …
The National Company Law Appellate Tribunal (NCLAT) has said that the National Company Law Tribunal (NCLT) should not hear any third party other than the applicant who has taken a company to the NCLT and the company which is the corporate debtor itself.
We may observe that except the applicant (financial creditor) and the corporate debtor, there is no requirement of hearing a third party including intervenor at the stage of admission, the NCLAT said. IDBI Bank had moved NCLAT against the repeated adjournments in NCLT Kolkata during the corporate insolvency resolution case filed by it against Odisha Slurry Pipeline Infrastructure Limited.
With the deadline of Brexit coming closer, QBE Insurance Group Limited (ASX: QBE) is looking well prepared to handle it with the recently received approval from UKs High Court for its post-Brexit restructuring plans in the UK. With the Courts approval, the company has completed its Part VII Transfer under which the QBE groups European division was undertaken through a legal process, which was subject to the Courts approval.
In June 2017, QBE Insurance Group had first announced its plan to establish a new subsidiary in Belgium, so that it could continue its operations across the European Economic Area. By establishing a new subsidiary in Belgium, the insurance group expects to continue its services to European policyholders irrespective of…
In an unprecedented move, Malaysian court allowed Wynn Macau to collect its dues from a gambler
A Malaysian court sided on Friday with Wynn Macau in a multi-million-dollar lawsuit against a fund manager who had gambled at the Macau-based casino and had owed it millions of dollars, Reuters reported citing Wynns lawyer.
In an unprecedented ruling, Judge S. Nantha Balan said yesterday that fund manager Paul Poh Yang Hong will have to pay Wynn Macau HK$33 million (approx. $4.21 million) in an outstanding debt to the gambling venue plus interest as a result from his failure to pay his due on time.
Wynn filed a lawsuit against Mr. Poh in 2017. The casino claimed that its gambler had owed it HK$33 million before suing him. The fund mana…
Tanahu Hydropower Limited has given a contract commencement date to the two companies hired for the execution of the 140MW Tanahu Hydropower Project.
The project developer, a subsidiary of the state-owned Nepal Electricity Authority, on Wednesday directed CMC Ravenna of Italy and Sinohydro Corporation of China to mobilise workers for the project within 28 days.
Despite issuing the commencement date, Tanahu Hydropower Limited (THL) is doubtful if the construction of the storage project will begin on the time as CMC Ravena, the Italian contractor has landed into a liquidity problem.
After THL signed the contract with the Italian and Chinese firms back in October to execute two packages of the hydropower project, the Italian c…
With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing.
Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are doing their part to curb college debt.
1. UNIVERSITY OF PITTSBURGH
The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward.
The schools new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the…
The former chief executive of a failed investment firm has been given just over two weeks to pay a record 76m fine by the City regulator.
The Financial Conduct Authority formally imposed the huge fine on Stewart Ford yesterday over his role in one of the UKs largest investment scandals. He must find the funds to pay the penalty in full by 1 February.
The former chief executive of the so-called death bond company Keydata lost a long legal battle against the penalty, the highest ever handed down to an individual by the Financial Conduct Authority (FCA).
Tens of thousands of UK investors lost out after putting almost 450m into so-called death bond policies via the investment firm, which was dissolved in 2014 after being declared insolvent and …
In an unprecedented move, Malaysian court allowed Wynn Macau to collect its dues from a gambler