PARAMUS, N.J. (CBSNewYork) One Bronx native has a warning for football fans who may try to wipe out their gambling debt on Super Bowl Sunday. Frank began betting as a 10-year-old boy. Thirty years later with a wife, two kids and a house in the suburbs he was down $100,000 for the 1998 NFL season.…
DetailsSome breather Calcutta: Corporate resolution of financially stressed companies under Insolvency and Bankruptcy Code, 2016 received a leg up in the Union budget after the Centre allowed multiple tax relief to iron out some of the glitches from the process. The government allowed bidders to suck the benefit of unabsorbed depreciation or huge losses when…
DetailsFor over 50 years a family little-known in Sydney society has controlled legal gambling in Tasmania. All of it. Every single gaming machine in the state is theirs. The Keno is theirs. They own one of the two casinos and a controlling stake in the other. By one calculation, 70¢ of every dollar lost by…
DetailsIt has been one of the worst kept secrets in the gambling world: prominent real estate figure John McGrath has a $16.2 million gambling debt to the Tom Waterhouse- run betting company William Hill Australia. This would be the biggest debt ever in gambling history by a single person to a single company in Australia,…
DetailsMount Holly native David Childers will pay a visit to the White Horse Black Mountain at 8 p.m. on Friday to sing his country/folk-flavored original songs along with bass and lead guitar accompaniment supplied by the Serpents Trio. The opener will be Morgan Geer, leader and core member of the noirish alt-country band Drunken…
DetailsChris who joined Twitter only in November last year said he did not know any of the people who had helped him. “It was my first time interacting with them and I didn’t believe [they would really help] until the first one deposited” he told TimesLIVE shortly after registering at the institution on Friday morning.…
DetailsOfficial receiver says axe will fall on back-office roles but adds 919 jobs have been saved A worker guides down a sign showing the name of liquidated British construction and outsourcing group Carillion. Photograph: Daniel Sorabji/AFP/Getty Images At least 377 former Carillion staff will be made redundant, the Insolvency Service has said, as it sifts…
DetailsA former director of AMI and NRM, Mr Jacov Vaisman, was declared bankrupt yesterday with the Federal Court granting the ACCCs application for a sequestration order. The Courts order follows Mr Vaismans failure to pay the ACCCs costs amounting to $3,679,359.00 in proceedings brought by the ACCC against AMI and then NRM. The Court also…
DetailsBRDO PRI KRANJU, Slovenia, Feb 2 (Reuters) – The euro zones bailout fund could in the future be at the centre of any restructuring of sovereign debt in the single currency area as part of reforms of the way the zone functions, the head of the fund said on Friday. The main task of the…
DetailsRelated Story: Custom Coaches jobs to go despite sale to consortium Related Story: Jobs to go as Custom Coaches closes in Adelaide A New South Wales bus manufacturer looks set to close after laying off more than 120 staff this week, with their union laying blame on the State…
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