Young Jamaican scientist develops ground-breaking diabetes medicine

first_imgDr Denice Daly Scientist, Dr. Denise Daly, has used her passion for plants to develop a line of nutraceuticals to be used in the treatment of diabetes.Through her research on the eucalyptus plant, she has created food items and supplements, which will assist thousands of Jamaicans suffering from the chronic condition.These include cooking oil, teas, margarine, and supplements, including Tincture.For her innovation, Dr. Daley was named the 2016 Young Scientist of the Year at the National Science and Technology Awards held last November.Dr Daley formulated and did product development for functional foods and nutraceuticals from the compounds that were isolated from the eucalyptus plant. In 2012, she won Innovator of the Year for the extracted compounds.The compounds are now patented.“We wanted to make them more available to Jamaicans who have diabetes and hypertensio,” she said.Dr Daley is now looking at local manufacturers to start producing the medicine on a large scale, after which she will begin marketing and distribution.“My grandmother has diabetes, so that was part of the drive, as well, to get stuff done, to find out more about folklore plants that are used for diabetes,” she added.Dr. Daley currently does the oil blends for her grandmother, as well as some of the teas and the margarine, which she makes at home.She recommends that persons with diabetes use natural products to assist in normalising the blood sugar. She, however, promotes integrated medicine, that is using natural items along with traditional medication.In addition to diabetes products, Dr. Daley has also developed a line of natural skincare and hair care products, infused with essential oils and herbs. The products, under the brand Nasore, include handmade soaps, hair and body oils as well as lip balms.“It was originally a hobby, which I started to share with friends, which eventually became a business. Each soap has a different character and is infused with natural herbs and essential oils such as moringa, neem, tea tree oil, grape seed oil, turmeric, flax seed and coconut cream,” she shares.The products are ideal for the treatment of eczema and acne, skin hydration, exfoliation, relaxation, and evening the tone and improving elasticity.last_img read more

Read More →

Classic R&B comes to Miramar Amphitheater

first_imgLovers of old-school Rhythm and Blues welcome Jam Fest at the Miramar Amphitheater on Oct 28.When Keith Parker wants to unwind, he listens to some good, old Rhythm and Blues. And he likes when others listen with him.Parker is head of Club Entertainment, a company that promotes live concerts showcasing classic R&B acts like The Whispers, Maze Featuring Frankie Beverly, and Betty Wright. On October 28, he takes his Florida Jam Fest to the Miramar Amphitheater in South Florida.Maze Featuring Frankie Beverly, Lenny Williams and veteran reggae band Third World are on the card.First production in FloridaIt will be Parker’s first production in Florida. He has done others in Kansas City, Missouri, Greenville, South Carolina and Savannah, Georgia. The Atlanta native always features a package of classic R&B acts.“I’m from the old school era…It’s what I identify with and I own that,” he told CNW. “I work with old school acts on my shows ‘cause I love these guys. It’s a selfish reason but a fulfilling one.”Attracts diverse audienceAccording to Parker, the shows attract a diverse audience, 30 years-old and up. He said many of the younger fans discovered artists like Maze and Williams through classic soul radio, a fast-rising medium in the United States.“That helps us a lot because they might not know Frankie Beverly but when they hear his songs they hear good music and they love it,” he reasoned.Frankie BeverlyMaze Featuring Frankie Beverly have been around for 40 years. Led by the charismatic, Philadelphia-born Beverly, the group is known for songs like ‘While I’m Alone’, ‘Happy Feelin’s’ and ‘Lady of Magic’.Lenny WilliamsWilliams got his musical start in San Francisco during the 1970s with the band, Tower of Power. He went solo later that decade and released several powerful songs such as the yearning ‘Cause I Love You’, which is revered in soul circles.Parker and his team have a strong market in the South and Midwest. He would love to establish a foothold in South Florida, home to a large West Indian community, which has a long love affair with R&B music dating from the 1970s.Next year, he hopes to bring George Benson and Earth, Wind and Fire to the region.last_img read more

Read More →

Holder and Dottin Claim Top Honors at West Indies Players Association…

first_imgST JOHN’S, Antigua, CMC – West Indies captain Jason Holder captured the top two men’s awards while veteran all-rounder Deandra Dottin dominated the women’s, to highlight the West Indies Players Association/Cricket West Indies Awards ceremony in Antigua on Monday night.The 27-year-old Holder walked away with the Test Player-of-the-Year award along with the Player-of-the-Year, as a reward for his recent exploits with bat and ball.An attractive lower-order batsman, Holder gathered 565 runs in eight Tests during the period under consideration – April 2018 to March 2019 – including a monumental maiden Test double hundred against England in the first Test at Bridgetown last January.That innings – an unbeaten 202 – propelled West Indies to a 381-run victory, laying the foundation for a 2-1 series win and the recapture of the Wisden Trophy for the first time in a decade.During the same period, Holder captured 40 wickets with his steady medium pace, and last February was installed as the number one Test all-rounder in the ICC player rankings.Dottin, meanwhile, took home the T20 International Player-of-the-Year, ODI Player-of-the-Year and Player-of-the-Year awards in a clean sweep of the women’s category.The right-hander averaged 41 with the bat in six One-Day Internationals and also picked up 15 wickets at 13 runs apiece with her sharp medium pace. In T20 Internationals, the 28-year-old averaged nearly 33 and snared 14 wickets.Not surprisingly, elegant right-hander Shai Hope picked up the ODI Player-of-the-Year for a second successive season. The 25-year-old averaged 63 from 16 matches and lashed three hundreds – all coming in the space of seven innings last year on the tour of the Asian subcontinent.Meanwhile, all-rounder Keemo Paul was named T20 International Player-of-the-Year while rookie fast bowler Oshane Thomas was named Emerging Player-of-the-Year.last_img read more

Read More →

Kei Nishikori Quits Tennis

first_imgThe world number nine Kei Nishikori has quit tennis for the rest of 2017 due to a recurring wrist injury.27-year-old Nishikori, who withdrew from the Cincinnati Masters this week with the hopes of getting ready for the US Open, will no longer play tennis this year as scans on his right wrist revealed a torn tendon.In an official statement, Nishikori’s manager said: “Two days ago during practice in Cincinnati, Kei hit a serve and heard a ‘pop’ in his wrist.”“We went straight to the hospital to take an MRI. Yesterday, we went to see a very renowned wrist specialist who works with many of the MLB baseball pitchers.”“We saw another specialist today to get a second opinion. On top of that we have sent MRI results to three other wrist specialists to ensure we get several independent opinions from specialists.”“After consulting with all of them, it has become clear that Kei has a tear in one of the tendons in the right wrist.”“At this stage we have elected not to do surgery and Kei is in a cast. After the swelling comes down in the next weeks, we will evaluate next steps. Kei will withdraw from all the 2017 tournaments and work hard to be ready for next year.”The Japanese join Novak Djokovic and Stan Wawrinka in quitting tennis for the rest of 2107, dashing his hopes of moving up the world ranking by the end of the season. RelatedMilos Raonic Pulls Out Of The US OpenAugust 24, 2017In “Sports”Andy Murray Withdraws From The US Open, Fails To Recover From Hip InjuryAugust 27, 2017In “Sports”Australian Open: Djokovic Sets Up Nishikori Clash After Medvedev PressureJanuary 21, 2019In “Tennis”last_img read more

Read More →

Shocking Admission! Yakubu Aiyegbeni Is Not 35 – Brother-In-Law

first_imgThe brother-in-law of former Super Eagles star Yakubu Aiyegbeni, Ibrahim Usman Ikhana has shocking revealed that 35 is not his real age.Yakubu had earlier announced his retirement from football on Wednesday morning only for Ibrahim Ikhana to shockingly admit on Twitter that the former Portsmouth, Everton and Middlesbrough striker is older than his official age of 35. His admission was in response to a tweet from Twitter user @MrTomideThis latest development will further fuel the belief that African football players often reduce their age. RelatedFormer Super Eagles Striker ‘The Yak’ Retires From FootballNovember 22, 2017In “Africa”Diafra SakhoJune 30, 2017Similar postYakubu Aiyegbeni Picks His All Time Super Eagles XIAugust 7, 2020In “Featured”last_img read more

Read More →

Tipico boosts online casino content with EveryMatrix’s CasinoEngine Direct

first_imgShare StumbleUpon German sports betting operator Tipico has furthered its existing relationship with industry platform and software provisions provider EveryMatrix, agreeing to integrate the firm’s CasinoEngine Direct systems.Bookmaker Tipico forms that new partnership in order ot significantly boost its online casino capabilities.Moving forward EveryMatrix will be delivering games via CasinoEngine from more than 20 casino providers considerably boosting Tipico’s casino options with more RNG games and premium live casino from Evolution and others.“We are impressed by CasinoEngine’s gaming portfolio and its ability to integrate with our digital platforms. The partnership with EveryMatrix is an important step to revamp our gaming offering, as we are looking to provide our customers a state of the art entertainment experience.” stated Marlon van der Goes, Tipico Chief Commercial Officer.Ebbe Groes, EveryMatrix CEO, commented on the partnership: “We are proud to add a considerable casino portfolio into Tipico’s platform and we look forward to work with their highly professional team. Jointly this will lead to one of the most competitive casino offerings in the region.”CasinoEngine is one the largest and foremost casino gaming aggregator in the industry. With a direct integration, operators can gain access to a continuously growing library of close to 5,000 casino games from over 60 game providers seamlessly integrated into a single casino lobby & wallet.“With CasinoEngine Direct, operators may integrate the CasinoEngine directly into their own platform and in-house wallet. CasinoEngine Direct secures minimum latency and optimal game speed while giving operators complete freedom to develop and host their own website or build together with EveryMatrix.” added Ebbe Groes. Related Articles Submit Share MoneyMatrix boosts wire transfer options by integrating Klarna’s Sofort August 24, 2020 PartnerMatrix drives user engagement with two new deals August 13, 2020 Erik Nyman joins EveryMatrix as US lead August 6, 2020last_img read more

Read More →

In Union… SportPesa secures Guinness Pro14 partnership

first_img Related Articles Kenya Finance Bill carries tax rescind waiting on Kenyatta approval  June 25, 2020 Share Submit StumbleUpon Betsson sees strong prospects in disrupted Kenya June 19, 2020 Share Shaun Simmonds – SportPesaKenyan bookmaker SportPesa continues its European sponsorship drive, confirming that it has become the ‘Official Gaming Partner’ of the ‘Guinness Pro14’ championship.SportPesa marketing secures sponsorship of the rugby union tournament, formerly known as the Celtic League, which sees the best teams of Ireland, Wales and Scotland compete in a knock-out tournament featuring guest teams from South Africa and Italy.Revamped as the ‘Guinness Pro14’ championship, the final will take place on 26 May at Dublin’s Aviva Stadium.As a lead Pro14 partner, SportPesa will gain extensive coverage throughout the tournaments match-day venues and social media platforms.Furthermore, the pan-national rugby union tournament will be broadcast by EIR Sports Ireland and Premier Sports UK.Updating the market, Shaun Simmonds, Head of Marketing for SportPesa commented on the partnership“Everyone at SportPesa is incredibly excited about our partnership with PRO14 Rugby. Whilst we have a strong heritage in the sport, having supported local rugby in East Africa and sponsored the Kenya Rugby Sevens team, this partnership underlines the company’s diversification into Europe and South Africa. To be sitting at the top table of the sport alongside some of the most powerful brands on the planet is a testament to the great work my colleagues have done in recent times; we are looking forward to accelerating that growth further thanks to this partnership.” Campaigners call on Boris to ban gambling sponsorship in football February 26, 2020last_img read more

Read More →

Winning Post – Assessing the climate around UK regulation

first_img UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service  August 20, 2020 Belgian Pro League live betting streaming deal for Stats Perform August 21, 2020 Horseracing Levy reform, or more accurately its process, received a grilling in the joint houses Regulatory Reform committees, with Labour claiming a ‘major government defeat’on the issue. What really seems to be at issue is the fact that the changes have to some extent evaded parliamentary scrutiny in form (via an order rather than primary legislation; although there has been plenty of consultation and debate) and that the (very) new minister, Mims Davies was not sufficiently prepared to give a convincing performance. While there are some interesting governance questions that could be raised in terms of the substance of how the Racing Authority will work (see WPs and blogs passim), these do not appear to have come up. What proved momentarily interesting in the Westminster Bubble is unlikely therefore to have any real impact, in our view. Brazil is a material and growing emerging online market for a number of operators (particularly GVC in terms of sportsbook among listed operators, through its 2009 acquisition of Betboo), though the market has been challenging to many operators because of the specific (or creative) nature of payments methods required to tap into the market. We estimate that the total market is worth c. US$780m in 2017, with above average growth characteristics. Landbased gambling is much more restricted (vide last year’s bun fight over IR casinos and online, albeit prior to a new president with a clearer mandate for change), with LatAm leaders Codere generating only c. €3m revenue (and losing €4m) mainly through horseracing (4 locations) and Cirsa merely hopeful. US: sports rights – IMG enters the betting Arena IMG has won a multi-year deal to distribute data and streaming rights for PGA Golf including the PGA Tour. This deal is a result of the new product IMG Arena, which puts the company in closer competition to companies such as PERFORM, Sportradar and Genius Sports than hitherto. Japan’s top female jockey, Nanako Fujita has ridden 25 winners from 540 rides this year (a winner every 21.6 rides), compared to the top jockey for 2018, Christophe Lemaire, who has ridden 193 winners from 707 rides (a winner every 3.6 rides) which suggests it is not just the quantity, but also quality of racehorse partners which women are potentially missing out on. While this weight allowance may go some way to address the usage of female riders in mainstream domestic racing – allowing riders to pick up more fees, the fact that it cannot be reciprocated within pattern races (the highest standard of race), could prove the allowance to be negative in the long term – as owners will always choose a high-profile jockey for a top race, which sadly precludes the majority of females and therefore prevents any real progress at higher levels. The authors of the report repeatedly emphasise that the findings should be taken with a pinch of salt, stating that “small base sizes mean that these findings should be viewed with caution” and that “the differences in the problem gambling rates in 2018 can largely be attributed to a greater number of respondents qualifying for the screening questions than in previous years.” Share Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column.UK: Regulation – Talking About Their Generation; The Kids Aren’t All RightAnother week, another shoeing for Britain’s beleaguered gambling industry as fresh outrage arrived in the shape of the Gambling Commission’s annual report on youth gambling. The Ipsos MORI survey of 2,000-or-so schoolchildren found that the long-term decline in gambling participation by 11-year-olds to 16-year-olds continued into another year. A significant chunk of youth gambling remains entirely legal and legitimate private betting (e.g. between friends) but within commercial gambling, slots and online have held up as other forms have declined.Unfortunately, the reported rate of problem gambling for this age group increased significantly year-on-year to 1.7%, prompting the gnashing of teeth and tearing of hair down on Fleet Street. Worse was to come as analysis of a new set of questions within the survey revealed that a high proportion of children claimed to have seen gambling adverts in the past week, that TV ads were the most commonly recalled (contradicting an oft-cited claim that the near-surgical attachment of our little darlings to their iPad and phones has stopped them watching TV) and that 7% claimed to have gambled as a result of seeing an ad. First, on the matter of pay. Ms Coates is a co-founder and majority shareholder as well as a co-CEO: not ‘only’ an employee. There are therefore four ways in which she can get money out: pay herself out of payroll (salaries, bonuses etc); pay herself a dividend; sell the company; create a bunch of opaque connected services/operating companies where value extraction is easier (not an option by any means limited to online gambling, but the supply chain does lend itself to this approach). There is absolutely no evidence of the fourth option, with strong evidence of full consolidation into the group (see point two); equally, the fact that the Coates family has not opted for option three is a big reason why there are over 4,000 employees, the majority of whom are in the UK, and that the business keeps going from strength-to-strength: a level of long-term commitment much of UK-plc (and certainly rent-a-director professional meeting participants) notoriously often lack. The Coates family can and does take dividends, taxed in the UK at 38.1% (additional rate); the fact that Ms Coates also chooses the payroll option for a significant amount, where the government gets nearly half of the remuneration award (about the annual running costs of an entire hospital) is an odd thing to criticise… Related Articles The youth survey’s adoption by the Gambling Commission (following the merger of the two regulators) has changed the focus of the report and warranted an expansion in the age banding. Indeed one could argue that (subject to practicalities) the report really should examine gambling by 17-year-olds as well. The change was entirely legitimate (and the Ipsos MORI appears to have adjusted prior year comparisons) but it did affect reporting – particularly on the matter of problem gambling (where the responses from two 16-year-olds may have skewed overall results). UK/global: Transparency in gambling – an ‘obscene’ reaction?We do not normally publicly comment on corporate remuneration or individual companies beyond strategic, operational and financial matters. However, the pay of bet365’s co-founder has become so newsworthy in the UK that it has become a public-press-political talking point, potentially with broader implications. We also believe that most of the commentary has been ill-informed (at best). We therefore feel it appropriate to give our view. UK: In Parliament – Hi Bingo Silver LiningThere is no rest for the wicked, or so they say; but the Parliamentary forces of piety keep pretty busy too – as this week in Westminster proved once more. There was much talk of the human costs of problem gambling – suicide was mentioned by several Members. The erstwhile minister, Tracey Crouch (Cons, Chatham & Aylesford) called attention to the anniversary later in the week of the death of 24-year-old Jack Ritchie, who took his own life, seemingly in connection with his gambling. StumbleUpon Yet if the Gambling Commission has been entirely scrupulous in presenting the facts in a measured and responsible fashion, others (some of whom should know better) have been less so. Those declaiming on the youth gambling “epidemic” may feel that hyperbole is justified in order to bring attention to an important issue – but it doesn’t make them right and it risks their right to be taken seriously within the public policy debate. Tuesday had originally been set as High Noon for the Government’s gambling policy – a Finance Bill amendment debate on the wisdom of deferring implementation of stake reduction on FOBTs. Last week’s climb-down ought to have made the debate redundant – but it is a shame to let a good crisis go to waste, even once it has been averted. Thus it was that former Conservative Party Leader, Iain Duncan Smith (Cons, Chingford & Wood Green) led a cross-party cabal of indignant MPs in lamenting the influence of gambling in Great Britain today. Some in the industry have questioned the Commission’s apparent decision to offer the Daily Mail (not a title with a strong reputation for balanced reporting) an exclusive on the story. As much as there have been signs that the relationship between the regulator and its licensees is improving, this was a reminder that there is still a long way to go. Brazil: online betting regulation – a real opportunity?Brazil has taken a material step closer to legalising sportsbetting (online and retail), with provisional legislation passing the lower house this week. While scant on detail, a revised lottery bill also provides a betting fiscal framework for a 3% turnover tax and a 89% payout minimum for bookmakers. The tax rate therefore works out at 27% GGR or more, depending upon bookmaker generosity. Veteran anti-FOBT warrior, Ronnie Cowan (SNP, Inverclyde) provided a particularly vivid view of the industry’s place in society, saying: “Our TVs are haunted by advertising aimed at the most vulnerable. We even have products aimed at grooming children to be the next generation of gamblers. The gambling industry has to ask itself some very serious questions about its marketing strategy.” Sharecenter_img Clive Lewis (Lab, Norwich South) was one of the participants in the debate. He had the opportunity to reprise his anti-gambling rhetoric on Thursday’s night’s Question Time programme on BBC1. In response to a question from the audience on the remuneration of bet365 co-founder and CEO, Denise Coates, Lewis told viewers that “the modern gambling industry preys on people’s vulnerabilities”. A day later, Tombola fell foul of the Guardian in relation to its sponsorship of the popular (search me) TV show ‘I’m a Celebrity, Get Me Out of Here’ (and in particular the associated voting app). This was a bad week for those manning the defence of the industry’s advertising privileges – but was all the scorn justified? It is of course not a fact – unless of course one’s conception of a “fact” is a baseless assertion made with such regularity and conviction that none dare oppose it. These are dark days indeed.Incidentally, the Culture Select Committee will next week debate “disinformation and fake news”. We doubt the latest ‘alternative facts’ about the volume of gambling-related suicides (which does a disservice to a very serious issue, in our view) will get a mention, despite now being apparently accepted by a number of MPs. Elsewhere, the Conservative Party peer and voice of gambling concern in the upper chamber, Lord Chadlington popped a brace of PQs in the post, asking the DCMS what effect an advertising ban would have on rates of problem gambling (the best answer that we can guess at from the available research is “relatively modest”); and quizzing the Department of Health about the cost to the NHS from problem gambling over the last five years. Meanwhile, Jared O’Mara, the Independent Member for Sheffield Hallam became the 37thMP to sign Early Day Motion 1351 which “urges the Government to introduce measures to end all televised gambling advertising before 9pm”.We suspect many others will follow.   Submit Here was the gambling industry at its best, celebrating a contribution of £1.3m to the children’s charity. MPs seemed delighted to be there (and to be playing without shame in a charity bingo game), meeting bingo club customers and employees in the secure knowledge that no-one was likely to bend their ears on gambling policy. Significantly, one of the politicians in attendance was the Honourable Member for Eastleigh in Hampshire (home to Leo’s Bingo), the new sports (and gambling) minister, Mims Davies. Here perhaps was a glimpse of a better future for the gambling industry if it can eschew spin and find positive ways to connect with society once more. Operators may feel a bit hard done by after another week of indiscriminate reporting and facile commentary; but this is no time for self-pity. It serves the industry no good to nickel and dime over how many children really are problem gamblers (and what that even means) as there is no good number north of zero. The latest youth survey poses a number of challenges for licensees – particularly remote operators – and these require positive responses. A wide range of regulatory issues was exposed to scrutiny during the course of the debate – TV advertising and industry marketing; gambling on credit; betting shop clustering; the inadequacy of funding for research, education and treatment (and thus the need for a levy); dormant account fees; and pernicious industry lobbying. Few MPs could resist sticking the boot into the mortally stricken corpse of the FOBT – although Members from Northern Ireland will have considered that they had good reason given the likelihood that their constituencies would be among the last redoubts of the £100 a spin high street machine (an anomaly that poses a test of the betting industry’s newly minted conscientiousness). Finally, the issue of ethics is both thorny and subjective. People have an absolute right to decry gambling in general, and the consensus view is certainly that advertising has got out of hand – an issue bet365 has certainly had a material role in. However, linking not liking gambling to the success of a business; or linking questions over general business practices to the behaviours of one company (without any evidence of specific wrong-doing) seems gratuitous to us (indeed, bet365 invests more in responsible gambling – including sharing learnings – as well as social – good than the vast majority of commercial gambling companies – including over £250m in charitable donations since inception). Some people might not like gambling; some people might think it is too visible; some people might simply have an aversion to Ray Winstone…(although bonuses are not advertised and a responsible gambling sign-off has been added for over four years). However, bet365 is one of the UK’s strongest intangible export stories, it is a significant employer, and is run without much consideration to hiding revenue or avoiding/evading tax – that is something to celebrate, in our view. It is of course rare that this column brings much in the way of good news (the result of a severely challenging environment for gambling along combined with our curmudgeonly demeanour). There was however, a silver lining this week at the Parliamentary reception for the Variety Club of Great Britain, organised by The Bingo Association. Second, bet365 is a global company. It has no requirement to inform joe public where it makes its money, but it does have to tell the GB Gambling Commission, and legally justify it, for all country revenue above 3%. It would be very easy for bet365 to become less transparent by moving its topco to a less public and much lower (no) tax jurisdiction – just like practically every other digital business. The fact that bet365 has not taken this approach means not only that a lot of employment is created in the UK, but also HMRC is richer to the tune of c. £300-400m (possibly more) across all UK-related taxes (vs. c. £100m in remote gambling taxes alone: the equivalent for most GB licensees). bet365 is therefore subject to levels of transparency and scrutiny significantly higher than most digital businesses – and while people will always demand more, they should probably consider the cost of getting less if bet365 were to become more ‘normal’… There seems to be three key charges levelled at bet365 and Ms Coates: the pay amount is ‘obscene’; the company isn’t very transparent about where it generates its money, and; the business (is in an industry which) exploits people (topically minors) / isn’t very ethical. We will address each in turn, but we would also add that the fact that one of Britain’s most successful companies was co-founded and is being led by a woman of limited privilege (other than rather handily inheriting some betting shops) should not be overlooked. The proposed fiscal framework looks attractive on averages, but has two key weaknesses, in our view. First, while 27% GGR equivalent tax looks acceptable on averages, the payout restriction undermines both in-play value and multiple flexibility: many books may average close (enough) to an 89% payout, but this is an outcome: very few actual products do, and this gives a huge potential advantage to the black market (the structure is likely to be kinder to retail, therefore potentially a benefit to Cirsa and Codere). Second, there is no mention of gaming, which constitutes over half the market (RP estimate) and is an important / growing jurisdiction not only for GVC but also for TSG (poker only), JPJ and others. If the law is strong enough to clarify a ban on gaming (question whether poker is gaming or not under Brazilian law), then the level of dislocation caused is likely to be far worse in the short/medium-term than the POC opportunity opened up (especially given the fiscal constraints). Exposed operators may therefore have some awkward compliance choices to make…. Interestingly, most of the Question Time panellists defended Ms Coates. Trevor Philips even seemed to indicate that because much of the firm’s revenue originated in Asia, it should not be blamed too much for problem gambling in Britain – a rather bizarre comment from the former chair of the Equality and Human Rights Commission. Japan: horseracing – su’she’ allowanceThe Japanese Racing Authority has followed France Galop’s lead, by introducing a 2kg weight allowance for female jockeys in an attempt to enhance their opportunities and success. In France, the result was a doubling of opportunities and a 165% increase in the number of winners recorded. Following review the weight allowance has since been decreased to 1.5kg for flat races. IMG has historically concentrated on high impact official rights with a largely media focus, where other providers have broadened more into churn product, especially where betting was also the focus. The growing portfolio of IMG may therefore make it a more significant data as well as AV supplier for the top end of betting operators, particularly if further large tournament/league contracts are won. Where historically it has lacked some of the key services required by clients and offered by competitors, particularly in terms of in-play betting offering, this deal combined with its strategic partnership with virtuals provider Leap Gaming strengthen its position as a betting partner. The overall result is therefore likely to add to both the complexity and cost of sports rights for betting, likely widening the divide between top tier and ‘other’ operators even further…. The hoopla was in part caused by what might have appeared a relatively minor change in the survey – the inclusion of 16-year-olds. The original youth gambling surveys were the purview of the Lottery Commission and were thus primarily interested in the gambling behaviours of those below the legal age for lottery play. It also meant that the surveys dove-tailed neatly with intermittent household surveys (the British Gambling Prevalence Survey series and the Health Survey series) which only include those aged 16 years and older. Jim Shannon (DUP, Strangford) attempted to paint a broader canvas on this point, saying: “The one thing that sits in my mind is this: why was it important to have those six months slip back from October to April? It is very simple: as has been said, 300 lives—maybe more—were saved. That is a fact.” Brazil appoints agencies to accelerate Sports Betting launch August 21, 2020 While the risk of change is real, in our view, it should not be overplayed. Brazil’s need for money is matched by significant bastions of cultural aversion to commercial gambling. The senate has only until the middle of next week to approve, after which a further series of fights over implementation can be expected even if the law is passed. Unfortunately (and mirroring a number of material markets), muddle and acrimony is probably safer than policy for much of the .com sector…Global: M&A – Summary– GVC Holdings has acquired Neds International in a deal with a potential value of £52m.– Evolution Gaming is to acquire Ezugi at initial indications for US$12m.– I-AM Capital has completed its acquisition of SMAASH Entertainment Private Limited. The company as a result has changed it name to SMAASH Entertainment inc.– Zeal Network SE has made a bid to acquire Lotto24 AG, Zeal are hopeful the deal could complete in H119.last_img read more

Read More →

BETR sportsbook app gets design and navigation uplift

first_img Submit BETR smart contract upgrade features new affiliate program January 9, 2019 StumbleUpon MannBenham forms ‘specific advisory’ for transforming global gambling marketplace August 27, 2019 Share Related Articles BETR launches multi-cryptocurrency betting February 22, 2019 Share Blockchain-based BETR has released a new client version of its app –https://bet.betrodds.io, designed to be more familiar to traditional sportsbook users.It is another update to the app first released ahead of the FIFA World Cup in June 2018, just four months after the close of the company’s Initial Coin Offering (ICO).Since then, the app – which provided one of the first opportunities for two parties to bet with one another on the blockchain using BETR and secure smart contracts, has been subjected to various updates including in-play betting and enhanced wallet features.The new interface, developed based on the suggestion to be more familiar for traditional sportsbook users, focuses on simplifying navigation, delivering a more vibrant look and encouraging more adoption by layers (taking the other side of each bet).CEO Adriaan Brink said: “Coming out of the ICO in early February, we had to focus on functionality and core systems efficiency. The challenges of managing latency and scaling – particularly for in-play odds – are formidable but the distributed systems are now solid and performant.“Once we had the underlying systems and APIs working efficiently, we could turn our attention to design and UX.  We love the new look and the simplicity of the user interface and we are in talks with sportsbooks to come on board to support the lay side.”BETR has also developed and launched a unique new app for Telegram messenger – @TheBETRBot, which has been described by BETR as a “simple, fast and fun way to use BETR tokens to place peer-to-peer bets on Telegram”.It has its own set of commands and features that allow users to have a conversation with the betting system in a straightforward, easy to use format with minimal clicks and typing.Each command, or button, is a self-explanatory call to action producing a menu driven conversation. The user can choose which sport and league to follow, as well as view upcoming games and instantly bet peer-to-peer against any of the available lays.last_img read more

Read More →

SG Digital passes Cheltenham Festival test with flying colours

first_img Submit StumbleUpon Share Share SG Digital, the interactive division of Scientific Games, has published its trading data from last week’s 2019 Cheltenham Festival (12-15 March) detailing that its OpenBet sportsbook platforms processed a combined 48 million bets during the event.Servicing the industry’s largest portfolio of tier-1 sportsbook clients during the flagship week of UK racing, SG Digital states that its OpenBet systems maintained a steady ‘uptime throughout the Festival, enabling maximum engagement across customer sportsbooks’.During Cheltenham 2019,  SG Digital’s sportsbook customers processed over 48.2 million bets over the four-day period, marking an increase of over 23% since last year.Furthermore, the festival proved a big acquisition driver for its sportsbook customers recording huge spikes in activity, in which at its peak wagering activity saw bets placed at 26,000 per minute.Detailing further insights, OpenBet systems processed a total volume of 302 million account transactions with 100% platform stability reported throughout the week.Keith O’Loughlin, SVP Sportsbook for SG Digital, stated that SG Digital performance during the demanding week was a testament to the technology group’s ‘continued investment in its technology allowing its customers to grow their player base while ensuring next level player experiences’.“The Cheltenham Festival is a fantastic tradition both in the racing industry and the sports betting world,” he said. “SG Digital’s OpenBet has a track record of reliability that held true during this year’s Festival, further cementing out commitment to partnering with operators to create unmatched player experiences.”last_img read more

Read More →