I’ve only been to a casino once in my life. Perhaps fittingly for this story, it was during a business trip to Barcelona with life assurance company NPI, at the very start of my career. I walked into the Casino de Barcelona with a colleague, watched a gentleman lose several thousand pesetas on a spin of the roulette wheel, and promptly walked back out again, feeling a little nauseous at the speed and scale of the loss. James Bond, I’m not.

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A financial adviser who assisted a client in reclaiming nearly £900,000 in VAT and then gambled some of the proceeds away in a London casino has been jailed for five years and banned from going into casinos and gaming online for three years after his release. Read more...