The Norwegian bishop who was left with huge debts after his son duped him out of millions to fund his gambling addiction has announced he is to quit. Ernst Baasland, the Lutheran Bishop of Stavanger, and his wife Bodhild took out huge loans from friends, acquaintances and banks to assist their son’s Czech IT business. [...]

One of Britain’s biggest bingo promoters has scooped a £59.1 MILLION payout from the taxman. The money is VAT which Rank Group plc argued it overpaid on interval games at its Mecca Bingo Halls. The company says it will use the cash to reduce its borrowings. Charges That’s because Rank bosses fear the Inland Revenue [...]

A top UK bookies now makes more money from roulette machines in its betting shops than wagers on horse races, it has been revealed. Figures released yesterday show while traditional over-the-counter takings at Ladbrokes ROSE by just under 1 per cent to £251.8 million in the first six months of 2008, horse racing made up [...]