The Supreme Court has said that based on the Lodha committee recommendations, the all-powerful Working Committee of the BCCI will now have to make way for a smaller, more powerful Apex Council. In the next six months, Justice Lodha and his panel with work with the BCCI to set up this council that will define…
DetailsPA WIRE Nathan Ashton turned to armed robbery when he racked up massive gambling debts Nathan Ashton, 29, who played premiership football on the wing for Fulham before moving to Crystal Palace and Charlton, targeted betting shops across London and the South East. Along with former Scottish Premier League player Ohmar Pike, the pair netted…
DetailsA new employee benefit loan scheme (EBL) that promotes workers financial wellbeing and acts as an alternative to high-interest payday lenders, is expanding into the Liverpool city region. Following a full trial of its EBL scheme in East Lancashire, FairQuid has targeted Merseyside for the first stage of its roll-out programme. And it has teamed…
DetailsMurray Energy Corp [MUYEY.UL], one of the largest privately held U.S. coal miners, is working with investment banks to renegotiate terms of its credit agreements in a bid to stave off bankruptcy, people familiar with the talks said on Monday. The talks underscore the industry’s challenges as governments have curbed the use of coal at…
DetailsUpdated July 20, 2016 9:59 a.m. ET The Justice Department filed civil-forfeiture complaints against more than $1 billion of assets allegedly acquired using funds misappropriated from a Malaysian economic development fund, according to court filings made public Wednesday. The assets, which were purchased by the stepson of Malaysias prime minister and people connected to the…
DetailsMurray Wilson/ FAIRFAX NZ Hospo Bros, which once managed Palmerston North bars Shooters and Victory, has left more than $1 million in unpaid bills after its liquidation. The liquidators of a Palmerston North-based bar management company have found the coffers empty, with more than $1 million in unpaid bills. Hospo Bros has been in liquidation…
DetailsThe Miss America pageant was dreamed up in the 1920s to bring money to Atlantic City. In 2016, thats what New Jersey considers as economic development for the beleaguered seaside resort. The beauty contest will return Sept. 11 — thanks in no small part to public dollars. With Atlantic City on the financial brink, the…
DetailsWritten by Leela Prasad | Updated: July 20, 2016 12:36 pm Pokemon addiction: Like a flash mob, gamers, who possibly havent seen daylight in a long time, were seen congregating at public parks to catch that elusive, rare Pokemon. Adult gamers are so hooked to playing Pokemon Go that it wouldnt be surprising to hear…
DetailsA big question mark hangs over Korea’s top conglomerate, the Samsung Group. With its chairman Lee Kun-hee ill and bedridden for the past two years, succession looms large at the colossal corporate empire, which alone accounts for roughly a fifth of the nation’s economy. The market knows who the successor is — Lee’s only son…
DetailsLeonard Postrado July 19, 2016 As the U.S gambling industry starts to evolve due to the introduction of bills aim to regulate other forms of gambling, credit debt watcher Fitch Ratings sounded alarm bells that such progress will come with a hefty price. Fitch warned that Atlantic City casinos will feel the full brunt of…
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