1xBet denies reports of being declared bankrupt by Dutch Supreme … – Dot Esports

1xBet, a bookmaker tied to many esports organizations, has responded after reportedly being declared bankrupt by the Dutch Supreme Court in the Netherlands. The news was originally reported by Josimar but is vehemently denied by 1xBet. In June 2022, Josimar reported that 1xCorp, the alleged parent company of 1xBet, had been declared bankrupt by Curacao,…

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Big Village administration: Ad firm building problem gamblers … – The Australian Financial Review

In parallel we will be exploring all options for bringing about a long-term sale of the business as a going concern and/or a recapitalisation of the business. One of BVAs biggest projects was developing Australias first national exclusion register for problem gamblers dubbed BetStop. The Australian Communications and Media Authority handed the work to BVA…

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Debt restructuring in the horizon – BlueNotes

The RBAs latest growth forecasts indicate a further weakening in GDP growth and increasing interest rates. This will result in many companies, already diminished by two years of severe commercial disruption borne of COVID-19 impacts, facing continuing financial challenges. These are poised to increase due to the worsening economic climate, creating several headwinds for companies…

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McDonald’s prepares for corporate restructuring, staff cuts – HR Dive

Dive Brief: McDonalds will evaluate roles and staffing levels ahead of difficult discussions and decisions around jobs the company expects to finalize by April 3, CEO Chris Kempczinski wrote in a message sent to employees on Friday and reviewed by Restaurant Dive. McDonalds didnt disclose how many employees could be impacted by this potential corporate…

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Locals react to Brisbane company collapse, Ballistic Beer Company … – news.com.au

Australians have reacted with shock and confusion to the news that a beloved beer brewing company has collapsed into administration. On Tuesday, Brisbanes popular Ballistic Beer Company went into voluntary administration, according to a filing lodged with ASIC. The firm, which is one of Queenslands best-known independent brewing companies, has appointed Jason Stone and Paul…

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