Latest news with #payout
The Sun
5 days ago
- Entertainment
- The Sun
I won a life-changing £10,000 on bingo but lost the whole lot in just SECONDS – despite prize being genuine
GALA Bingo players have been left devastated after winning big - only for the company to refuse to payout due to a 'technical glitch'. More than 1,200 players played for over £1.6 million on Tuesday night, with many winning up to £20,000 thinking their 'lucky day had finally come'. 4 4 But representatives for the firm informed the winners that the game had "malfunctioned", meaning they could not access their winnings. Pensioner Jill Douthwaite, 72, who won £2,700 on the online game, said a live chat agent confirmed the money won was genuine. For Jill, who lives 'hand to mouth', the money would have meant her dog got the eye operation it needed. But she was ultimately left disappointed when she was told the money would not be coming through. She told The Sun: "I was so relieved when I won because I thought I could spend £500 to save my dog's eyesight. 'We're a family who can't afford to go on holidays and we've been struck with a lot of bad luck in the past too. 'My daughter even phoned her dad to say she could repay his loan for the car, but then she had to go back on her word because Gala Bingo did.' Fiona Ure, from Scotland, missed out on £9.6k because of the technical glitch. The 58-year-old told The Sun: 'I did think, at first, this was too good to be true. "But I was reassured by their very own chat agent.' Ure, who is unemployed due to disabilities, said she felt 'deflated' and had 'zero hope' that the gambling giant will 'right their wrongs'. She added: 'I think they won't do anything. 'They've issued this technical error, and I feel like that's them admitting they won't be sending the money out. 'I've been a loyal customer for 15 years, but don't think I'll ever bet with them again.' Gala Bingo sent a message to customers informing them they would not receive their winnings, but would be refunded what they spent on Bingo Tickets. The firm says the technical glitch happened on Monday night, causing chaos for around two hours. It has contacted the Gambling Commission over the incident. A Gala Bingo spokesperson said: "We apologise to customers for a technical error which occurred during our Summer Nights Bingo promotion for a short period of time, resulting in all players receiving incorrect payouts. "Our customer Terms and Conditions clearly state that in the event of a malfunction, winnings can be voided. "Affected players have been contacted directly with a gesture of goodwill."
Telegraph
30-07-2025
- Business
- Telegraph
George Osborne to share in £147m payout from investment bank
George Osborne will share in a $196m (£147m) payout at Robey Warshaw after the boutique British investment bank was bought out by an American rival. The former Conservative chancellor, 54, became a partner at the Mayfair firm in 2021, joining Sir Simon Robey, Simon Warshaw and Philip Apostolides. But New York-based Evercore has revealed it is now buying their business as part of an expansion in Europe and the UK. The deal means Mr Osborne, who is also chairman of the British Museum and co-hosts a popular podcast, will receive a slice of a two-tranche payout to partners, the first in stock and the second in stock or cash. A performance-linked scheme could also trigger further payouts for the partners if they hit certain targets over the next few years. Sir Simon, 65, is the firm's senior partner and expected to receive the biggest share of the sale. He founded the advisory in 2013 under a different brand, before Mr Warshaw joined. The exact share of Mr Osborne's payout has not been disclosed and his stake in the company has never been made public. Telegraph auction The tie-up with Evercore comes after the British bank has beaten much bigger Wall Street rivals to win business from major multinational firms. Sir Simon told The Telegraph: 'It was a case of carrying on as we are as a firm of only 18 people or try to grow it. I still think there's a role for very small firms but it was the right time for us to join a bigger enterprise. 'If you're at my stage and age it's really important to work with people you like and work well with. In the US, Evercore is snapping at the heels of Goldman, et cetera. In London they tend to do mid-cap deal and we do big-cap so it's a good fit.' London is in the throes of a dealmaking slump, however, as economic gloom and fiscal uncertainty undermine corporate confidence. Meanwhile the stock market is in decline with a series of top companies migrating to New York, or considering it. Sir Simon said: 'We are not only a London firm but of course we are inextricably linked with the fortunes of London. 'Do I wish it was in a bit of a different place at the moment? Sure. But I think there's still a lot to do and it's still a great place.' Evercore hailed the firm's 'impressive client franchise and track record' and its 'reputation as a trusted adviser' to some of Europe's biggest companies, including BP, Vodafone and HSBC. Sir Simon cited Robey Warshaw's struggle to sell The Telegraph at auction last year as the biggest misstep in 13 years. The firm was engaged by the UAE media company IMI to sell the newspaper after its own attempted takeover was blocked. However the auction did not deliver a buyer able to meet the £500m reserve price, prolonging the uncertainty which has gripped The Telegraph for more than two years. IMI is now expected to become a passive minority shareholder in a takeover led by its US private equity partner RedBird Capital. Roger Altman, Evercore's founder and senior chairman, said: 'We have long admired Simon Robey and his colleagues, and their standard of excellence. 'This is a fortuitous and timely combination.' Sir Simon added: 'We and Evercore share commitments to client service, excellence, integrity and independent advice. 'We also have a shared ambition to drive further growth. Our clients will continue to get the personal attention and care we have always strived to provide. 'They will also be able to benefit from greater global reach, broad product capabilities and sector expertise.' The deal will close at the end of 2025, the announcement said. It marks another career landmark for Mr Osborne, who has landed a string of jobs since he stepped down as an MP, aged 45, in 2017. A year earlier he had been sacked as chancellor after six years in post, when Theresa May succeeded David Cameron as Tory party leader and prime minister. He now co-hosts a current affairs podcast, Political Currency, with his former Labour rival Ed Balls, who was shadow chancellor under Ed Miliband and a long-serving adviser and minister in Gordon Brown's government.
Bloomberg
25-07-2025
- Sport
- Bloomberg
Women's Soccer Wins Fans' Hearts But Not Sponsors' Wallets
For the better part of a month, Switzerland has been in the grips of football fever, with fans packing stadiums and myriad public-viewing sites for the UEFA Women's Euro championship. Zurich bureau reporter Levin Stamm writes today about the payout for players. Plus: One of North Korea's US pawns tells all about the nation's wild remote worker scheme. If this email was forwarded to you, click here to sign up.
Yahoo
15-07-2025
- Sport
- Yahoo
Florida man sues NC casino after $500K in winnings withheld, lifetime ban
A Florida man is suing a North Carolina casino after claiming it withheld his $500,000 payout for weeks. The suit alleges that in June 2024, Emmanuel Kromah bet $143,000 through Harrah's Cherokee Casino that the Celtics would win the NBA Championship. ALSO READ: 'It's an exciting day': Crews break ground on new Kings Mountain casino They did, which meant Kromah won more than $500,000. However, when he arrived at the casino to receive his winnings, security walked him out instead. Kromah said that while Harrah's eventually gave him his winnings 10 days later, they banned him for life from any of their casinos. He is now asking for a judge to award damages for the ordeal. Channel 9 has reached out to the casino's parent company, Caesar's Entertainment, for a statement regarding the incident, but has not heard back. VIDEO: 'It's an exciting day': Crews break ground on new Kings Mountain casino
Daily Mail
18-06-2025
- Business
- Daily Mail
Nationwide pays out 99% of all £100 Fairer Share payments in one day - have you got yours?
Nationwide has paid out £100 to more than 4million members in a single day, Britain's biggest building society has revealed. Today marks the first day its Fairer Share offer payouts started, which was announced in May. And Nationwide says it has 'all but completed' the payments already to eligible customers. It has processed 99.97 per cent of payments to eligible members, with the remaining 0.03 per cent due to be completed by 4 July at the latest. It means the mutual has paid out £400million to Nationwide members today making it one of the UK's largest payouts in a single day. This is the third year running Nationwide has made the Fairer Share payment to members, which it started in 2023. It came as Nationwide announced profits of £2.3billion before tax in its annual results in May. As a mutual owned by members not shareholders, Nationwide is able to share some of its profits with its members rather than paying dividends. To be eligible for the payment this year, Nationwide members needed to have either a current account and savings account, or a current account and a mortgage. To be a qualifying current account, your account must have been open on 31 March 2025. Qualifying members must still have a current account open in June. Your savings will have qualified for the current account if you had at least £100 in total or in one or more savings accounts or cash Isas with Nationwide at the end of any day in March 2025. To be a qualifying mortgage customer, you must have had at least £100 on your Nationwide residential mortgage on 31 March 2025. In total, Nationwide has now paid eligible members more than £1billion in cash in 2025. In addition to the £400million Fairer Share offer, Nationwide paid out £615million to members in its Big Thank You payment, which gave over 12million eligible members £50 to thank customers for enabling the successful purchase of Virgin Money Stephen Noakes, Nationwide's retail director, said: 'We have already made excellent progress in rolling out this year's Fairer Share payment, having surpassed four million payments in the first day. 'We are delighted to have been able to pay eligible members £100 for the third year running.'
