BC.Game, an online gambling operator famous for sponsoring Leicester City FC, could face potential trouble as its parent companies have been declared bankrupt. This announcement comes only four months after the agreement with the soccer club was signed.

The Court of Curaçao Declared BC.Game’s Parents Bankrupt

According to a report by casinonieuws.nl, the Court of Curaçao announced bankruptcy for two companies behind the brand, namely Blockdance BV and Small House BV. As it turns out, a petition that was filed in October, and initially dismissed, revealed significant losses for the BC.Game brand when it was transferred from Blockdance to Small House.

The transition led to significant player…

TOKYO – A record number of ramen noodle eatery operators in Japan went out of business in 2024, according to a research firm, as the food’s reputation for affordability limits room to raise prices amid soaring ingredient and utility costs.

Also hit by climbing personnel expenses due to labor shortages, insolvencies among ramen business operators resulting in liabilities of at least 10 million yen ($63,000) in 2024 jumped over 30 percent to 72, up from 53 in 2023, Teikoku Databank Ltd. said.

Japanese ramen soup noodles typically combine meat and vegetable toppings with broth. Despite rising costs, the average price of a bowl of ramen is still under 700 yen, according to Teikoku Databank. A popular lunchtime…

The financial landscape for individuals facing reduced income is fraught with tension between paying down high-interest debt and maintaining an emergency fund. With average credit card APRs at 22.59% for new offers and Klarna’s monthly financing options reaching up to 33.99% APR, the stakes of misallocation are high. This article explores a hybrid strategy—prioritizing the highest-interest debts while safeguarding liquidity—to navigate this challenge.

The Risks of Depleting Liquidity

Reducing emergency savings entirely to accelerate debt repayment introduces two critical risks:
1. Financial Exposure: Without liquidity, unexpected expenses (e.g., medical bills or car repairs) force reliance on high-interest credit, perpetuating…

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A Pennsylvania-based healthcare company that operates long-term care facilities across the country has filed for Chapter 11 bankruptcy.

Chester County-based Genesis Healthcare announced on Wednesday that it has taken steps to restructure its business.

Genesis Healthcare operates more than 160 skilled nursing facilities and senior living communities. The company operates nearly 20 locations in Pennsylvania including the Gettysburg Center in Adams County, and Mifflin Court, Mifflin Center, Laurel Center and Berkshire Commons, all in Berks County.

Chapter 11 bankruptcy provides businesses or large investors with protection from creditors while they continue operating and develop a repayment plan. Both creditors and owners must agree on a…

Insolvency-related activity fell for the third consecutive month in the Thames Valley and Wiltshire, according to R3, the UK’s restructuring, turnaround and insolvency trade body.

R3’s analysis of data provided by Creditsafe indicated a drop in insolvency-related activities from 223 in May to 163 in June.

The figures include administrator and liquidator appointments together with creditors’ meetings, and the fall in the South East is part of a cautiously optimistic picture nationally, with decreases in eight UK regions.

Neil Stewart, chairman of R3’s Southern and Thames Valley region – which…

Footy kicks off this week (at last), and if you go to the AFL’s official website to look at the fixture, you’ll find that the games listed for this week have the Sportsbet odds for each team smack in the middle of the listing, with a link so you can place a bet.

Likewise the NRL and the NBL. (The A-League just has an ad for McDonald’s).

Two years ago a bipartisan parliamentary committee chaired by the late Peta Murphy, Labor member for Dunkley, with the Nationals’ Pat Conaghan as deputy chair, recommended that all online sports betting advertising be prohibited over three years.

Nothing happened; money won.

But when parliament next sits in three weeks’ time (if an election is not called first), there will be a private member’s bill trying a…

Andrea Pirlo had to block his son’s ban account in 2022, as the then teenager amassed gambling debts of €30k in illegal online scheme.

He turned a gambling debt into usury for a person, the suspect was arrested in Prizren

Kosovo Police have announced that they have arrested a person in Prizren for usury and organizing pyramid schemes.

The suspect had organized gambling and games of chance, initially putting the Kosovar male victim in debt,…