The online gambling industry almost collapsed after legislation in 2006 effectively outlawed internet betting in the US. Photograph: Getty The four-year losing streak suffered by Britain’s online gambling industry could be about to end. The multibillion-pound industry virtually collapsed after its biggest market – the US – was closed down overnight when Congress introduced a [...]
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Expenses: Court denies accused defence of parliamentary privilege
Jim Devine, Elliot Morley, David Chaytor and Lord Hanningfield. Illustration: PA Three former Labour MPs and a Tory peer accused of fiddling their expenses face criminal trials after the court of appeal ruled that parliamentary privilege did not protect them from prosecution. Lord Judge, the lord chief justice, and two other judges rejected the argument [...]
Disney sells Miramax to investment group for $660m
Scene from Pixar’s Up, Disney’s new strategy is to focus on films made under the studio’s top brands Marvel, Pixar and Disney. Photograph: AFP/Getty Images Walt Disney today sold Miramax for 0m (£422m), the film studio that in its heyday reshaped Hollywood with a long reel of hits including Pulp Fiction, The English Patient and [...]
