Grewal says in video statement he has repaid millions in debt, is rethinking resignation – The Globe and Mail

Video frame grab of Raj Grewal. Raj Grewal, the Liberal MP whose frequent, high-stakes gambling at an Ottawa-area casino triggered a police investigation, broke his week-long silence on Friday evening, saying he accumulated millions of dollars in debt, all of which has been paid back and can be traced. In an 11-minute video statement, Mr.…

Gionee Nears Bankruptcy As Chairman Loses Cash At Casino [REPORT] – ValueWalk

1820796 / Pixabay Gionee, a little-known smartphone maker in China, is on the verge of bankruptcy, and if media reports are to be believed, the chairmans gambling habit may have played a role in pushing the company towardbankruptcy. Gionee chairman admits to gambling The Chinese-language website Jiemian claimed recently that Gionee Chairman and founder Liu…

Sports Gambling Is Evolving More Rapidly Than We Expected – Forbes

Professional and collegiate sports have historically feared one practice most heavily over anything else: gambling. The threat has been that if an athlete, official or coach became ensconced in major gambling debt, they might accept a bribe from a gambler to alter their performance. Fan confidence in Professional and collegiate sports have historically feared onedanger…

Diversity, Playtech and significant growth for bet365: The week in numbers – CasinoBeats

Each week, CasinoBeats breaks down the numbers behind some of the industrys most interesting stories. This weeks edition looks at diversity within the gaming industry, as well as significant growth for bet365. 2.719m Leading online bookmaker bet365 has confirmed significant growth in its full-year accounts (12-month period to March 2018), recording a 26% increase in…