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Fed boost for US recovery

first_imgWednesday 16 February 2011 9:15 pm Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap Fed boost for US recovery KCS-content Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comcenter_img POSITIVE data from the US has caused the Federal Reserve to raise its forecasts for economic growth, it was revealed last night.“Participants generally expressed greater confidence that the economic recovery would be sustained,” the Fed revealed in minutes of its last rate setting meeting in January.The GDP growth forecast was increased to a range of 3.4 per cent to 3.9 per cent, up from the November projection of three per cent to 3.6 per cent.However, America’s exceptionally high level of unemployment remains a concern for the Fed, with officials forecasting only modest decline over the coming two years. Meanwhile, the forecast for inflation moved only at the bottom end, edging from a range of 1.1 to 1.7 per cent to 1.3 to 1.7 per cent.“Under those circumstances, we don’t anticipate that the Fed will call an early halt to its plan to buy a total of $600bn (£373.5bn) of Treasury securities by mid-year,” said Paul Ashworth of Capital Economics. However, the downside risks to growth and dangers of deflation had “diminished,” the Fed announced, declaring faith in a sustainable recovery, with the economy “on a firmer footing” than previously thought. whatsapp whatsapp Show Comments ▼ Tags: NULLlast_img read more

Tullett blames defecting brokers for revenue drop

first_img Tullett blames defecting brokers for revenue drop by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarStyleVamp11 Celebs And Their Historical DoubleStyleVampBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadavirimi.com14 Efficient Arm Workouts To Build Might & Muscle – Virimivirimi.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar Program John Dunne Show Comments ▼ Tags: NULL Sharecenter_img whatsapp Tuesday 8 March 2011 2:40 am Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Inter-dealer broker Tullett Prebon blamed broker defections in North America following a “raid” by US rival BGC Partners for lower 2010 results.Tullett posted 2010 profit before tax of £139.7m, down 11 per cent from a year earlier and below a Thomson Reuters poll consensus of 12 analysts of £142m. Revenue was down 4.1 per cent to £908.5m from £947.7m in 2009.“The net effect of the broker defections in North America, following the raid by BGC in the second half of 2009, reduced revenue by five per cent,” Tullett said in a statement.Tullett Prebon said it is “seeking substantial damages from BGC”, adding the damages trial has been fixed for four weeks starting later this month.Tullett also said that a separate case has been brought in the US and action is being pursued against former employees in Hong Kong and Singapore.A British high court judge found in March last year that BGC had unlawfully induced 10 Tullett brokers to breach their employment contracts and join BGC.Tullett Prebon is one of the world’s largest brokers in the over-the-counter market where it brings together buyers and sellers – typically investment bank dealers or hedge funds – of financial products such as swaps, bonds and currency.The British broker competes fiercely with rivals such as Icap, BGC and GFI Group but the OTC markets, valued at about $600 trillion dollars in a report last month by Morgan Stanley and consultant Oliver Wyman, is set for a drastic shake-up.Global regulators are keen to pass sweeping rule changes, perhaps as early as this year, that will force large swathes of the OTC market to use exchanges, regulated trading platforms or clearing house, in a bid to make these opaque markets more transparent.“We believe that the introduction of the various regulatory proposals affecting the OTC markets will be positive for our business as the proposals formalise the role of the intermediary in those markets,” said Tullett chief executive Terry Smith. whatsapplast_img read more

CITY VIEWS: SHOULD THE UK RECONSIDER ITS NUCLEAR SCHEME?

first_imgTuesday 15 March 2011 9:28 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todayautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia ALEXANDER JUDD | HARLEY DAVIDSON“My feelings about nuclear power haven’t changed. Obviously we need to take another look at safety measures, but we need to get power from somewhere in the future.”RICHARD CAHILL | AMLIN“In hindsight it seems a bit naive to have built nuclear plants so close to a fault line. It shouldn’t have a big effect on what we do, even though I’m not particularly pro-nuclear.TIM SULLIVAN | GLOBAL REACH PARTNERS“What’s happening in Japan is a complete disaster, but nuclear power needs to form part of our country’s energy production, in combination with fossil fuels and renewables. There’s always an element of nervousness after something on this scale, but nuclear has worked for decades without an accident.” CITY VIEWS: SHOULD THE UK RECONSIDER ITS NUCLEAR SCHEME? center_img whatsapp Tags: NULL Show Comments ▼ Share whatsapplast_img read more

Former Lloyds chief Eric Daniels tipped as next Aviva chairman

first_imgThursday 17 March 2011 9:29 pm More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com Share Show Comments ▼ ERIC Daniels, the former Lloyds Banking Group chief executive, is a candidate to become the next chairman at insurer Aviva, City A.M. learned yesterday.Daniels, who stepped down as Lloyds’ chief executive at the start of March, is one of about five candidates approached by Aviva about taking a non-executive board position.The new director would be lined up to succeed Lord Colin Sharman, who has chaired Aviva since 2006. Aviva has charged Chelsea-based search company Zygos with the task of finding the new director. It is not clear who the other names on the shortlist are.US-born Daniels, who remains an adviser to Lloyds until September, is likely to be considering a number of roles following his tenure at the bank. He is also currently a non-executive director of telecoms firm BT. He stepped down after announcing that Lloyds made a £2.2bn pre-tax profit in 2010, its first annual profit since the takeover of HBOS in 2008.Aviva and Zygos both declined to comment last night. whatsapp KCS-content whatsapp Former Lloyds chief Eric Daniels tipped as next Aviva chairman Tags: NULLlast_img read more

First quarter M&A back up to 2007 levels

first_img whatsapp Thursday 24 March 2011 8:54 pm KCS-content Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald center_img INVESTMENT banks have seen mergers and acquisitions (M&A) deals bounce back with a vengeance in the first-quarter of 2011, but one of the traditional stalwarts has fallen down the league tables due to its exclusion from major deals.Morgan Stanley has triumphed in first place on the basis of global M&A volumes – the value of deals the bank worked on – with Credit Suisse topping the European league and JP Morgan winning the US ranking, according to the latest Thomson Reuters figures.Bank of America Merrill Lynch has jumped up the global M&A table from eighth place last year to third this year, cementing its return to form following the teething pains suffered after the merger between Bank of America and Merrill Lynch in 2008.BoA Merrill Lynch has pushed Goldman into fourth place globally and it also currently claims top spot in Bloomberg’s European underwriting table.BoA Merrill Lynch has had a run of underwriting business from Russia, having been on the recent float of VTB, a state lender. One banker put its success down to the stability of the equity capital markets (ECM) business, which has seen a particularly low staff turnover.Goldman has had a slow start to the year, falling down to fourth from first place in the M&A rankings. A Goldman Sachs spokeswoman said it was still early and added that the bank’s performance should be judged later in the year. She also said that the bank’s move down the Thomson Reuters M&A tables was partly due to its exclusion from the AT&T telecoms deal in the US where it traditionally advises Sprint and from its non involvement in the conversion of preferred stock in AIG.Nomura, which does not feature in the top ten, says it is still building up a global M&A business and that “for us we are building and are not actively worried about the current tables.” Share First quarter M&A back up to 2007 levels Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULLlast_img read more

Libyan rebels retake towns from Gaddafi

first_img whatsapp Monday 28 March 2011 12:23 am LIBYA’S ramshackle rebel army pushed west yesterday to retake a series of towns from the forces of Muammar Gaddafi as they pulled back under pressure from Western air strikes.Emboldened by the capture of the strategic town of Ajdabiyah with the help of foreign warplanes on Saturday, the rebels have within two days dramatically reversed military losses in their five-week insurgency and regained control of all the main oil terminals in eastern Libya, as far as the town of Bin Jawad.Rebels said they now had their sights on the coastal town of Sirte, Gaddafi’s home town and an important military base about 150 km further along the coastal road.On the diplomatic front, NATO agreed yesterday to take full command of military operations in Libya.Meanwhile, the United States has vowed to cut its military role in Libya over the next week and join other nations in ejecting Libya’s Muammar Gaddafi from power.US defence secretary Robert Gates also raised the possibility that Gaddafi’s regime could splinter and said an international conference in London tomorrow would discuss political strategies to help bring an end to Gaddafi’s 41-year rule. KCS-content Tags: NULL Libyan rebels retake towns from Gaddafi center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ Sharelast_img read more

Small firms see no effect from Merlin as banks sign up to new lending code

first_img whatsapp KCS-content Small firms see no effect from Merlin as banks sign up to new lending code whatsapp Tags: NULL More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tuesday 5 April 2011 7:58 pm Share Show Comments ▼ THE UK’s major lenders have gone on the offensive to convince small businesses that they are freeing up credit, signing up to a new lending code and launching a website to help businesses access loans.But a survey of 500 small businesses released yesterday showed that 75 per cent of respondents have seen no change in banks’ attitude since the government rolled out Project Merlin, a deal between the banks and the treasury in which they promised to increase credit available for small firms by 15 per cent this year.Just over 40 per cent of those queried by Hotfrog, an international small business directory site, said they were most likely to use personal savings to expand their business.A new lending code and website launched by the British Bankers’ Association (BBA) and supported by Lloyds, Barclays, HSBC and RBS, promises to give small enterprises a chance to appeal if they believe their request for credit has been unfairly refused.The appeal will be judged by another individual at the bank who has not previously been involved in the case, with former CBI small business council chair Russel Griggs appointed to produce an annual report on the effectiveness of the new code. The BBA is now embarking upon a roadshow to promote the new website. last_img read more

Compass snaps up two Indian caterers

first_img CATERING giant Compass has bought two firms in india.The company has snapped up Delhi-based Vipul Facility Management, which has gross assets of 342.2m Indian rupees (£5.2m) and Hyderabad-based Ultimate Hospitality Services (UHS) for 42.1 rupees.Compass chief executive Richard Cousins said: “VFM provides an excellent platform to develop our support services capabilities in the region and enables us to offer an extended range of services to clients,” said Compass chief executive Richard Cousins.“UHS further enhances our existing foodservice offering in India and provides a strong foothold in the Hyderabad region.”Last week Edenred, the French pre-paid meal vouchers group, denied that it was in contact with Compass, the world’s biggest caterer, amid speculation it was in talks about a tie-up. Speculation that Compass Group could be preparing a bid for Edenred had already boosted its stock in November. Monday 11 April 2011 7:27 pm KCS-content whatsapp Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼ Compass snaps up two Indian caterers whatsapp Tags: NULLlast_img read more

France sets online revenue record in Q1

first_img French regulator ARJEL has revealed that the county’s regulated online gaming market generated a record €147m ($175.3m) in betting revenue during the first quarter Tags: Card Rooms and Poker Mobile Online Gambling France sets online revenue record in Q1 8th May 2018 | By contenteditor Casino & games Topics: Casino & games Finance Sports betting Poker French regulator ARJEL has revealed that the county’s regulated online gaming market generated a record €147m ($175.3m) in betting revenue during the first quarter. The amount, 55% more than in the opening three months of last year, is the highest quarterly figure since the regulated French market launched back in 2010. Operators licensed in the country took €847m in online sports wagers during the first quarter, representing another quarterly record for France and a 34% rise on last year. Football bets were up by 34% year-on-year to €465m, with tennis wagers also rising 26% to €163m and basketball bets 53% to €125m. Horse-racing wagers also increased for the fourth consecutive quarter to €270m. ARJEL also noted that the average number of weekly active bettors jumped 36% year-on-year to 462,500, due in part to a 53% rise in bonus offers available from licensed operators.Related article: French online revenue reaches €962m in 2017 Regions: Europe Western Europe France AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

Astro Pug by Lightning Box Games

first_img You’d be barking mad not to try Lightning Box’s latest offering Astro Pug. The “reelfecta” slot, middle reel with 16 chances to win,  boasts a wide array of Asian symbols, with the loveable canine the hero of the game. Astro Pug also offers players the chance to get their teeth into giant multiples via the middle reel, whilst the Astro Pug symbol guarantees further free spins.The developer’s latest title will be available exclusively with Casumo from 5th September, before general release via Quickfire on September 19th. Topics: Casino & games Slots You’d be barking mad not to try Lightning Box’s latest offering Astro Pug. The “reelfecta” slot, middle reel with 16 chances to win,  boasts a wide array of Asian symbols, with the loveable canine the hero of the game. Astro Pug also offers players the chance to get their teeth into giant multiples via the middle reel, whilst the Astro Pug symbol guarantees further free spins.  29th August 2018 | By Aaron Noy Email Address Astro Pug by Lightning Box Games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Casino & gameslast_img read more

BetConstruct licensed to offer virtuals and keno by MGA

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Companies: BetConstruct Online gambling solutions provider BetConstruct has secured approval from the Malta Gaming Authority (MGA) for a range of real-money gaming content and virtual sports products.The MGA said that the approval under its Type 1 licence means BetConstruct can offer the gaming suite under both its B2B and B2C licences in the country.BetConstruct’s suite includes dice game Farkle, a bet-on numbers keno title, multiplier game Blast and prediction games Striker and Big Hi-Lo.The MGA also gave its approval to BetConstruct’s proprietary virtual sports games under its Type 1 licence.This will enable the provider to offer the games under its own MGA licence, as well as deliver virtual betting to MGA-licensed operators under white label, turnkey or API solutions.BetConstruct’s virtual sports portfolio comprises eight games, including virtual football, greyhound, horse racing, drag racing and marble racing titles.In November last year, the MGA also approved a live casino supplier licence for Soft Construct Ltd, which trades as BetConstruct. Casino & games Subscribe to the iGaming newsletter Online gambling solutions provider BetConstruct has secured approval from the Malta Gaming Authority (MGA) for a range of real-money gaming content and virtual sports products. Tags: Online Gambling Video Gaming BetConstruct licensed to offer virtuals and keno by MGA Topics: Casino & games Legal & compliance Sports betting Video gaming 29th May 2020 | By contenteditor Email Addresslast_img read more

Swedish court lowers two bonus fines on appeal

first_img16th June 2020 | By contenteditor Swedish court lowers two bonus fines on appeal Legal & compliance Subscribe to the iGaming newsletter Regions: Europe Nordics Sweden Sweden’s Administrative Court of Linköping has lowered two fines levied by the country’s Gambling Inspectorate (Spelinspektionen) for violations of the country’s bonus regulations after operators appealed, while rejecting two other challenges.Challenges by Betway and Genesis Global resulted in the penalties for each operator being restated, but reduced as a result of the companies having lower turnover, while appeals lodged by Aspire Global and Mandalorian Technologies were rejected.The cases appear to set a precedent for deferred deposit bonuses, in which a financial reward is paid out in several instalments, and cashback promotions to be considered illegal offers under the Swedish Gaming Act.The appeals concerned four fines imposed last year, with Betway and Mandalorian Technologies hit with fines of SEK5m (£426,000/€475,000/$539,000) and SEK9m respectively in May 2019, followed by Genesis Global and Aspire Global in June. Genesis was fined SEK1.7m, and Aspire SEK500,000.In Betway’s case, the company was found to have offered recurring bonuses when players deposited funds, as well as weekly free games and recurring free spins.While Spelinspektionen took this to be a violation of Chapter 14, Section 9 of the Gaming Act, Betway disputed this, arguing that the free games and spins did not constitute bonuses. The deposit bonuses, it added, were part of a single offer, but broken down into parts.The court ultimately supported Spelinspektionen’s assessment, agreeing that intervention was necessary. However, it decided that the penalty should be reduced to SEK4.7m. The original fine was based on the operator’s turnover in the market, and with more recent data showing that this was lower than originally thought, a lower penalty was more proportionate.In the case of Genesis Global, the operator challenged Spelinspektionen’s assessment that VIP programmes and deferred deposit bonuses constituted illegal bonuses. It said that while it did not believe it violated bonus rules, any penalty should be lower than SEK1.7m.While the court agreed that Gensis’ violation was not serious, the company had shown no remorse for its actions, a penalty was justified. However, it again took into account lower than expected turnover for the business, and reduced the fine to SEK1.2m.Two other appeals, for Mandalorian Technologies and Aspire Global, were rejected. Aspire was sanctioned for running a loyalty programme for players, which was viewed by the regulator as an illegal bonus, something supported by the Linköping Court, which said there was no reason to reduce the penalty.Mandalorian, meanwhile, fell foul of Spelinspektionen for recurring cashback offers, but claimed that it was effectively being punished twice for one offence. The court, however, dismissed this argument, ruling that the penalty was entirely justified. Tags: Online Gambling Sweden’s Administrative Court of Linköping has lowered two fines levied by the country’s Gambling Inspectorate (Spelinspektionen) for violations of the country’s bonus regulations after operators appealed, while rejecting two other challenges. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Marketing & affiliates Email Addresslast_img read more

Colorado sees first sports betting declines in February

first_imgColorado consumers wagered a total of $266.5m on sports in February, a drop of 18.5% from $326.9m in January and the lowest monthly amount since November last year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Colorado sees first sports betting declines in February Topics: Finance Sports betting Online sports betting Retail sports betting The Colorado Department of Revenue has revealed that the US state suffered its first month-on-month declines in sports wagering revenue and handle during February. Basketball remained the most popular sport for consumers to bet on, with a total of $95.0m wagered during February. Regions: Colorado Subscribe to the iGaming newsletter Online revenue reached $11.0m for the month, but a $547,436 loss from retail sports betting operations pushed the overall figure down.center_img 30th March 2021 | By Robert Fletcher Tags: Revenue Handle Gross gaming revenue for the month amounted to $10.4m (£7.6m/€8.9m), down 55.0% from the record $23.1m reported in January. Email Address This was also the first time Colorado failed to set a monthly handle record since the state opened its regulated market in May 2020. Sports betting Read the full story on iGB North America.last_img read more

Penn National to launch proprietary game studio with HitPoint Studios acquisition

first_imgHitPoint, an independent game development studio, creates mobile games. It spun LuckyPoint – which develops both table and slot games – out in 2019. Subscribe to the iGaming newsletter 4th May 2021 | By Marese O’Hagan AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Penn National Gaming (Penn) has announced that it will acquire HitPoint Studios and its spun-off real-money gaming business, LuckyPoint, to fuel its launch of Penn Game Studios. Casino & games Topics: Casino & games Marketing & affiliates Poker Product & technology Slots Affiliates Email Address Read the full story on iGB North America. Tags: Penn National Gaming PointsBet Regions: US Penn National to launch proprietary game studio with HitPoint Studios acquisition Penn Game Studios will comprise an in-house development team that will produce exclusive online casino content for Penn customers.last_img read more

Pakistan tour of England: Sarfarz Ahmed back in Pakistan test squad,…

first_img Esports Sport News By Kunal Dhyani – July 28, 2020 Euro 2020, Switzerland vs Turkey LIVE: Shaqiri doubles Switzerland’s lead after Seferovic opener at HT; Follow Live Updates Pakistan on Monday announced a 20-man squad to take on England in the upcoming 3-Test series from August 5 to 25. Pakistan picked the shortlisted squad from a 29-member touring party.Sarfaraz Ahmed, Fawad Alam, Wahab Riaz were notable inclusion as the veteran players returned to the squad for the much-anticipated Test series. The first Test will be played in Manchester from August 5 while the 2nd and 3rd Test will be played in Southampton.“Following the conclusion of two four-day intra-squad matches, Pakistan shortlisted the squad for the three-match Test series against England,” the PCB said in a release.Azhar Ali has been named the captain of the side while limited-overs skipper Babar Azam will be his deputy in England.Former captain Sarfaraz Ahmed, who has not played Test cricket for Pakistan since January 2019, returns to the side. However, he was picked in the touring party as a back-up to wicketkeeper Mohammad Rizwan.Pakistan tour of England : Sarfarz Ahmed back in Pakistan test squadSarfaraz Ahmed led the Pakistan White team during their 2nd four-day intrasquad match in County Ground in Derby which ended on July 27. Rizwan though is likely to get the nod ahead of Sarfaraz, given he performed well in the practice matches, hitting a hundred in the first match played from July 17 to 20.On the other hand, Wahab Riaz, who took an indefinite break from red-ball cricket in 2019, also finds a place in the squad. Wahab had made himself available before the tour of England.Opener Fawad Alam, who has not played a Test since 2009, was also back in the squad. Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win title TAGSPakistan test squadPakistan Tour of EnglandPakistan vs England schedulePakistan vs England Sony LIV live streamingPakistan vs England test series live SHARE Facebook Twitter Euro 2020, Italy vs Wales LIVE: Wales begin second half in hope of equalizer; Follow Live Updates Previous articleIPL 2020 : No Government nod as yet, IPL Governing Council meeting pushed to 2nd AugNext articleWWE RAW results, highlights, recap, videos and grades; Here is how today’s episode Ended Here are full WWE RAW Live Results Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO Latest Sports News Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore RELATED ARTICLESMORE FROM AUTHOR Football Shaheen Shah Afridi, Naseem Shah and Usman Shanwari are part of the pace attack which also has experienced campaigners in Wahab Riaz, Mohammad Abbas and Sohail Khan.Meanwhile, the remaining nine players – Fakhar Zaman, Haider Ali, Iftikhar Ahmed, Imad Wasim, Khushdil Shah, Mohammad Hafeez, Mohammad Amir, Mohammad Hasnain and Musa Khan – will continue to train with the squad for the T20I series, which will be played at the backend of the Test series.Pakistan landed in England as early as June after 10 of their players initially tested positive for the novel coronavirus. However, after getting negative test results, several of them joined the squad in the UK wherein they lived and trained in a biosecure environment.Pakistan squad for England Tests: Azhar Ali (Captain), Babar Azam (vice-captain), Abid Ali, Assad Shafiq, Faheem Ashraf, Fawad Alam, Imam-ul-Haq, Imran Khan Snr, Kashif Bhatti, Mohammad Abbas, Mohammad Rizwan (wk), Nassem Shah, Sarfaraz Ahmed (wk), Shadab Khan, Shaheen Afridi, Shan Masood, Sohail Khan, Usman Shinwari, Wahab Riaz, Yasir Shah. Pakistan tour of England: Sarfarz Ahmed back in Pakistan test squad, Azhar Ali to lead Sport News Bett1Open 2021 Final: Liudmila Samsonova beats Belinda Bencic to clinch title ATP Tour Football Share on Facebook Tweet on Twitter Halle Open 2021 Final: Ugo Humbert defeats Andrey Rublev to become champion ATP Tour Tokyo Olympics: Dutee Chand, Hima Das among top athletes seeking direct Olympic qualification during IGP 4 CricketPakistan Tour of EnglandSportSport News Football Past Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinance|SponsoredSponsored PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India Sport News Viking Classic Birmingham 2021 Final: Ons Jabeur beats Daria Kasatkina to clinch title last_img read more

MI vs CSK Live in IPL 2020 : War of words…

first_img Facebook Twitter MI vs CSK Live in IPL 2020 : War of words start between Mumbai Indians & Chennai Super Kings fans ENG-W vs IND-W: Sneh Rana reveals England sledged a lot but we did not pay attention Share on Facebook Tweet on Twitter Cricket Also Read: InsideSport launches AMSTRAD Face2Face interview series with top cricketers, watch the first episode on Saturday @ 4PMMI flags – MI pillow – Lucky seat – Jersey to be worn tomorrow – When I said I will convert my house into Wankhede, I meant it ?ALL SET FOR TOMORROW!Looks good, @mipaltan? ???#OneFamily #MumbaiIndians #MI #Dream11IPL #IPL2020 #MIvCSK pic.twitter.com/DDYaO7woc4— Vinesh Prabhu (@vlp1994) September 18, 2020 CricketIndian premier leagueIndian premier league 2020SportSport News WTC Final Day 3 LIVE Score: Latham, Conway too good for India bowlers; NZ 65/0 (32 ovs)- Follow Live Updates WTC Final: Sunil Gavaskar reacts to Ajinkya Rahane dismissal says, ‘Only explanation is that he was going for his fifty’ Football Football Esports Cricket Cricket Bett1Open 2021 Final: Liudmila Samsonova beat Belinda Bencic to clinch title The wait for IPL 2020 is finally over. The 13th edition of the Indian Premier League (IPL) 2020 starts today at 7:30 PM IST at the Sheikh Zayed Stadium in Abu Dhabi between Chennai Super Kings and Mumbai IndiansThere is a lot of excitement amongst the fans as the action returns to the field after waiting patiently for months to see their favourite stars doing what they do best – play cricket. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoMicrosoftBring your desktop to life with Bing WallpaperMicrosoftUndoAhead of the tournament opener, MI and CSK fans took their social media accounts to pour their unconditional love and support from across the globe to their favourite team.Here is how fans took over Twitter: Cricket Previous articleIPL 2020 LIVE : How IPL fans world over can watch IPL 2020 Live streaming and broadcast, Check outNext articleIPL 2020 goes live tonite, will it deliver record television viewership Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptop RELATED ARTICLESMORE FROM AUTHOR PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… Football Cricket Euro 2020, Italy vs Wales LIVE: Wales look ready and equipped for Italy challenge early on; Follow Live Updates Sport News By Kunal Dhyani – September 19, 2020 PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO TAGSIPL 2020: MI vs CSK LiveMI vs CSKMI vs CSK LiveMumbai Indians & Chennai SuperMumbai Indians vs Chennai Super Kings liveMumbai Indians vs Chennai Super Kings live scoreMumbai Indians vs Chennai Super Kings scoreMumbai vs Chennai liveMumbai vs Chennai match SHARE Crores in winnings this Indian T20 season only on Myteam11. Download the app  YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredUndoFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Euro 2020, Switzerland vs Turkey LIVE: Must-win game for both teams, Kickoff at 9.30PM IST; Follow Live Updates PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, Indialast_img read more