Aug 29, 2023 9.39am Key Points Why it matters: Star booked a $2.2 billion impairment of its Sydney, Gold Coast and Brisbane casinos. The group had a $2.4 billion annual loss. Star is still waiting on the outcome of legal action commenced by AUSTRAC. Star Entertainment has blown out to a $2.4 billion loss after…
Michael Jordan has earned quite a reputation as a gambler, both on the golf course, and at the card table. Throughout his playing career, Jordan frequented the casino and the golf course, placing high-stakes wagers against his fellow NBA stars. In fact, Jordan has such a reputation as a card shark that 17-time poker champ…
07:3424 Aug In a recent legal development, Crown London Aspinalls Casino has secured a favorable outcome in a case involving Lester Hui, a prominent high roller. The casino had contended that Hui was liable for settling a substantial 589,724 debt stemming from losses incurred in baccarat several years ago. Hui argued that the casino had…
This piece is part of a series of stories about today’s sports-betting boom and how to combat a gambling addiction. To read the rest of the stories, click here. DEBT STRESS IS a real thing (and may have gotten you here in the first place), but managing it is a key part of the recovery…
[PHOTO: Timothy A. Clary] A former associate of Phil Mickelson has alleged Mickelson was involved in a previously unknown money-laundering investigation, according to an excerpt from a new book. In Gambler: Secrets from a Life at Risk, sports bettor Billy Walters details his relationship with Mickelson. Among the revelations in an excerpt of the autobiography…
Dixie Cram was visited by Opposition leader David Speirs recently to mark her 104th birthday. Dixie Cram was born Olive Mary Stratford on August 15, 1919, at Kalangadoo to Mary Stratford (nee Chuck) and Basil Lindsay Stratford. She is the last remaining of her five brothers, William, Reg, Alex, Albert and Martin, and three sisters,…
Photo courtesy of behavioralhealthnews.org The escalating gambling addiction among manual labourers is primarily fuelled by socio-economic challenges rather than personal enthusiasm for betting, according to social workers. Government agencies and NGOs alike are endeavouring to counteract this trend by offering rehabilitative intervention programmes. Pattamaporn Sooksomsod, an associate professor from Phra Nakhon Si Ayutthaya Rajabhat University,…
By ELSIE EYAKUZE Education and regulations are why it is the governments fault that I am now forced to listen to conservatives blame women and youth for the ills of debt. Much of this debt now comes from gambling, for young men. For women, it comes in the form of small loans in various forms…
Fans recently reacted to Jordan Spieth’s take on six-time major champion Phil Mickelson’s gambling allegation. Billy Walters has released his new book titled “Gambler: Secrets from a Life of Risk” in which the renowned gambler mentioned that Mickelson has wagered more than $1 billion. The surprising revelation has split the golfers into two distinct groups,…
Normal text sizeLarger text sizeVery large text size NSW Treasurer Daniel Mookhey will defer the full implementation of poker machine duty rates until the end of the decade, offering the cash-strapped Star Entertainment Group respite less than two weeks before the casino giant unveils its full-year results. After months of deliberation over a controversial tax…