IOC Rejects Idea of International Federations Paying Prize Money To Olympic Gold Medalists

The International Olympic Committee (IOC) firmly let its stance be known regarding international federations paying Olympic prize money during the first of three days of its Executive Board meeting on Tuesday. For the 2024 Paris Olympics, World Athletics became the first global federation to award each of its gold medalists with prize money, offering $50,000…

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Royal expert slams Harry and Meghan for using their titles to earn ‘huge amounts of money’ – as bombshell German documentary exposes couple’s ‘elitist’ California lifestyle

Harry and Meghan suffered a new blow tonight after a German documentary accused the couple of hypocrisy while enjoying an ‘elitist’ lifestyle in the United States.   The programme entitled ‘Harry: The Lost Prince’ includes damning criticism of the couple’s attempts to build a new life for themselves as charity activists and campaigners since leaving the…

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Strategies to combat Money Laundering in Sri Lankan sports

93 Sri Lanka’s sports sector, with its growing global appeal and lucrative investments, is increasingly vulnerable to the threat of money laundering (ML). From cricket’s international spotlight to emerging interest in football and basketball, Sri Lanka’s sports landscape offers vast opportunities for illicit financial activities. As international regulatory bodies tighten their scrutiny on ML risks…

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Singaporean says, “It’s not just about the money but the lifestyle struggles in SG that’s making young couples think twice before having kids”

SINGAPORE: A Singaporean took to social media to express why he thinks the birth rate in the country has been declining. In an anonymous post on the NUSWhispers Facebook page, the individual mentioned that while many people cite financial concerns as the main reason for not having children, he believes the issue goes beyond…

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Singaporean says, “It’s not just about the money but the lifestyle struggles in SG that’s making young couples think twice before having kids”

SINGAPORE: A Singaporean took to social media to express why he thinks the birth rate in the country has been declining. In an anonymous post on the NUSWhispers Facebook page, the individual mentioned that while many people cite financial concerns as the main reason for not having children, he believes the issue goes beyond…

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New Jersey loves the money from online sports betting, but fears addictive consequences

TRENTON, N.J. (AP) — Online sports betting is reaping new revenue for New Jersey but also raising concerns about gambling addiction and potential harm to the finances of Atlantic City’s casinos that depend on in-person gamblers, sports books and problem gambling treatment workers testified Thursday. The state Legislature held a hearing to examine the impacts…

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