first_img3rd October 2019 | By contenteditor Sports betting BetRivers.com launches as first online sportsbook in Indiana Email Address Topics: Sports betting Rush Street Interactive and the French Lick Casino Resort have launched the first legal online sportsbook in Indiana.BetRivers.com will be available both online and mobile from today (3 October), with users able to place wagers on a wide range of sporting events.Players can register and bet instantly online or mobile, as Indiana sports betting regulations do not require in-person registration at a casino. Subject to approval by the Indiana Gaming Commission, players will receive a match bonus up to $250 on their first deposit.Confirmation of the official launch comes after the Indiana Gaming Commission gave its approval to the new digital sports betting service.“What better time to launch than in the height of football season, the start of baseball playoffs and just before basketball returns,” Rush Street Interactive president Richard Schwartz said.Read the full story on iGB North America.Image: formulanone Subscribe to the iGaming newsletter Rush Street Interactive and the French Lick Casino Resort have launched the first legal online sportsbook in Indiana. Regions: US Indiana Tags: Mobile Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

first_img Tags: Online Gambling Israel tax settlement slashes Aspire Global’s 2019 profits AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 18th February 2020 | By contenteditor Aspire Global has put a 97.5% year-on-year decline in net profit for 2019 primarily down to a major tax settlement in Israel, though the igaming solutions provider was able to report an increase in revenue for the year. Email Addresscenter_img Topics: Finance Aspire Global has put a 97.5% year-on-year decline in net profit for 2019 primarily down to a major tax settlement in Israel, though the igaming solutions provider was able to report an increase in revenue for the year.Net revenue for the 12 months to 31 December 2019 totalled €131.4m (£109.5/$142.4m), up by 26.0% from €104.6m in the previous year.The majority of revenue was derived from Aspire’s B2B segment, which accounted for €81.1m (or 62.0% of overall revenue), a year-on-year increase of 43.3%.In comparison, B2C revenue from Aspire’s proprietary brands totalled €50.3m for the full year, a 4.8% rise.Focusing on geographical performances, Aspire reported declines from the Nordics and the UK and Ireland. Nordic revenue fell 16.6% to €25.2m, with the UK and Ireland’s contribution down 8.3% to €18.7m. This left the rest of Europe as the supplier’s largest region in terms of revenue, accounting for €83.2m following a 62.8% year-on-year rise.The rest of the world’s contribution was up 48.3%, albeit from a low base, to €4.3m.However, alongside this revenue increase Aspire also saw spending climb, with overall costs for the year hiking by 30.1% from €81.3m to €105.8m. Aspire saw the largest increase within its distribution expenses, which were up 35.9% to €87.1m.Gaming duties declined to €4.2m, but administrative expenses were up 14.1% to €14.6m, mainly due to ongoing investment in technology and new hires. In addition, depreciation and amortisation costs rocketed 105.3% to €3.9m primarily as a result of higher capitalised development costs related to Aspire’s proprietary technology assets.Higher spending pushed operating income down 8.3% year-on-year to €17.7m for the year, while income before taxes also fell by 13.3% to €16.9m.However, it was the Israeli tax settlement in December that hit Aspire hardest. At the end of 2019, Aspire announced that it was to pay €13.7m in retroactive tax in the country after reaching an agreement with authorities.The payment to the Israel Tax Authority related to a tax audit that examined management and control jurisdiction, the busines tax base, and transfer pricing among the group entities.The resolution brought an end to all related investigations into the company in Israel, Aspire noted.This tax payment, coupled with income tax payments amounting to €1.4m, meant net income before company share in the results of associated companies fell 89.7% to €1.9m. After a net loss of €1.5m from these companies, net income for the year amounted to €405,000, down 97.5% from €16.2m in 2018.However, Aspire did note that earnings before interest, tax, depreciation and amortisation (EBITDA) for the year climbed 2.4% to €21.7m, with its EBITDA margin falling from 20.3% to 16.5%.Reflecting on the full-year results, Aspire’s chief executive Tsachi Maimon was largely upbeat, focusing on revenue and EBITDA growth during the year.“I am pleased to conclude that we have delivered another year of strong growth, despite changes in the market environment,” Maimon said. “Revenues increased by 26% to €131.4m with an EBITDA margin of 16.5%, in line with our financial targets.“We have proven that our strategy is efficient, and we have a solid foundation to continue to expand our business through organic growth and M&A.”In terms of Aspire’s performance in the final quarter of the year, revenue was down 2.0% to €32.2m, primarily due to a 18.4% drop in B2C revenue to €11.1m. However, Aspire was able to partially offset this with a 9.8% increase in its B2B revenue to €21.2m.Net loss for Q4 stood at €12.1m, compared to a net income of €4.6m last year, as a result of the tax payment in Israel. Income before tax for the quarter was down 56.7% to €2.6m, while operating income slipped 33.3% to €4.4m. In addition, EBTIDA fell by 33.6% year-on-year to €4.4m.“We had a somewhat disappointing last quarter of the year due to new regulatory requirements in regulated markets, such as the UK, as well as markets to become regulated,” Maimon said.“Compliance is top on our agenda and we swiftly adapt to new regulatory requirements, knowing that our longer-term benefits are larger than the short-term impact.“Our settlement with the Israeli tax authorities had a significant impact on net income and earnings per share in the quarter.”Looking ahead, Aspire said it aims to have revenue of €200m by the end of 2021, with an EBTIDA of €32m, and Maimon said that the business remains confident of hitting these targets.“Our broad market presence and product offering give us a solid foundation for sustainable profitable growth,” Maimon said. “We will continue to enhance our multi-vertical offering while maintaining the search for M&A – opportunities, supported by our strong balance sheet.” Subscribe to the iGaming newsletter Financelast_img read more

first_img19th May 2020 | By contenteditor Legal & compliance GC: No spike in illegal gambling complaints amid Covid-19 Regions: UK & Ireland Email Address There has been no evidence of a spike in complaints regarding illegal online gambling in Great Britain since the novel coronavirus (Covid-19) hit, according to the country’s Gambling Commission.Data released by the regulator shows that a total of 12 complaints in relation to nine sites were filed in March, with a further 11 complaints raised against 11 websites in April.The April figure was relatively level year-on-year, with last year seeing a total of nine complaints raised against 20 different websites.The Commission said the level of complaints also remained level over the past 12 months – from April 2019 to April this year. The only anomaly came in January 2020 when 31 complaints were filed against 35 sites, which the regulator put down to Curacao-based enterprises attempting to entice British consumers who were self-excluded.Looking at the content of consumer complaints over the past 12 months, the main reason for concern was that a website allowed players from Britain to gamble, with 85 complaints raised.A total of 24 complaints were in relation to a player being unable to withdraw funds, while 19 were focused on marketing and advertising, and 12 regarding sites fraudulently claiming to be licensed by the Gambling Commission.Other areas of concern included refusal to pay out funds, self-exclusion issues, charging for tipster services, cloned websites and underage access.“Our data does not indicate there has been an increase in any illegal gambling in Britain during the Covid-19 crisis,” the Commission’s executive director Richard Watson said. ”It is an area we monitor carefully and where we find problems we use our broad range of investigatory powers, alongside stakeholders such as software providers, payment businesses and hosting companies.“Tackling illegal websites and unlicensed operators is challenging and it is also resource intensive, but we are committed to continuing our work in this area to protect consumers here in Britain.”The Commission has a team of specialists to monitor reports of illegal gambling, using a number of tools to combat illegal sites and ensure they are not offering services to British consumers. The regulator also works with the National Cyber Security Centre to educate both the industry and public about the risks of illegal activities.Publication of the new data comes after the Commission last week also revealed that more people in the UK had stopped gambling under lockdown than started or increased play.A YouGov study, commissioned by the regulator, found that 1.8% of respondents said they had stopped gambling entirely in the past four weeks, while a further 3.3% said reduced gambling spend. Some 4.8% also cut the time they spent playing. Topics: Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Tags: Online Gambling There has been no evidence of a spike in complaints regarding illegal online gambling in Great Britain since the novel coronavirus (Covid-19) hit, according to the country’s Gambling Commission.last_img read more

first_img Virat Kohli completes 10 years in Test Cricket: 10 things you should know about India skipper- check out by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndoE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoIn line with this year’s Women’s Day theme – “Each for Equal”, the new campaign underscores the role women play on a daily basis to challenge stereotypes, fight bias, and create a world with more dignity and broader opportunities for all. Through this campaign, Haier is shattering the gender bias and issues that are hindering our move to create an equal world for all, states a Press release.As a part of the series, the campaign unfolded with a video on Pay Gap that beautifully brings out Dipa’s vigour and strength through several athletic moves and portrays her as a warrior to destroy the issue of unequal pay for women. With an aim to ‘Change the Narrative’, the video series will focus on different challenges and biases against women that prevails in the society in today’s world.Participating to express the views on the gender wage gap, influencers chimed in on social media and applauded the campaign by Haier. Speaking out against Pay Gap, these women influencers pressed on how women contribute equally as much as men in their roles and these gender inequalities must end to create an equal world.NS Satish, Senior Vice President, Sales & Marketing at Haier Appliances India said, “At Haier, we are constantly working towards touching upon subjects that hold a matter of relevance in our society. This Women’s Day, we wanted to highlight some of the major stereotypes that are deeply entrenched in society and act as a barrier for women in realizing their dreams. Our new campaign is a testament to our philosophy of ‘Inspired Living’ where we are trying to defy these norms through the courage and passion of India’s inspiring women athlete, Dipa Karmakar.”Raj Kamble, Founder and CCO, Famous Innovations adds, “We are proud to work on a project that is defying the gender biases in today’s world. Through this video series, we have not only tried to highlight the prevalent barriers that women face in the present day society but also showcased a powerful way to defy these with strong grit and passion.”When it comes to campaigns, Haier has always displayed originality and innovation in its overall conceptualization and communication. Following the core brand philosophy of ‘Inspired Living’, Haier derives inspiration from listening to the consumer needs to create solutions that complement their evolving lifestyles.The video series, conceptualized and created in collaboration with Famous Innovations was released on 08 March 2020 across all leading social media platforms. Share on Facebook Tweet on Twitter By Kunal Dhyani – March 11, 2020 YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Home Appliances & Consumer Electronics brand Haier has announced the launch its new campaign, which challenges the gender biases and issues associated with the women in the real world.The Women’s Day campaign features India’s leading sportswoman, Dipa Karmakar (Artistic Gymnast, Olympian, Khel Ratna Awardee) as a symbol of power and strength to fight against the constricting barriers of pay gap, sexism, patriarchy, misogyny, body shaming etc. that holds back dynamic women to realize their dreams. Cricket Facebook Twitter Football Cricket RELATED ARTICLESMORE FROM AUTHOR Cricket ICC WTC Final: Ravichandran Ashwin reveals when he plans to retire from cricket Tokyo Olympics: Covid-19 scare continues after a Uganda team member tests positive Formula 1 Tokyo Olympics: Organisers mulls allowing 20,000 fans for Tokyo 2020 Opening ceremony Euro 2020: Cristiano Ronaldo at 36, Covers 92m in 14 seconds to score his maiden goal against Germany – Watch F1 French GP 2021 Live: Max Verstappen vs Lewis Hamilton today at 6:30 pm — Follow Live Updates Tokyo Olympics Village: Organizers unveils Tokyo games athletes village to the media, check first look Latest Sports News Haier India shatters gender biases with Women’s Day campaign Happy Father’s Day: ‘We Miss You’, Hardik Pandya pens emotional message for his father SHARE Latest Sports News Happy Father’s Day: Nostalgic Sachin Tendulkar shares a special item that belonged to his father; Check video Cricket Latest Sports News Sports BusinessBrandsLatest Sports NewsNewsSport Previous articleLongines, Commonwealth Games Federation ink long-term partnershipNext articleStar Sports, BCCI launch IPL 2020 campaign with Dhoni Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. India Tour of Sri Lanka: From books to gym, Sanju Samson shares story of his quarantine life Cricket last_img read more

first_img Facebook Twitter WTC Final Day 3 LIVE Score: Latham, Conway stand firm against India pace attack; NZ 36/0 (20 ovs)- Follow Live Updates By Kunal Dhyani – March 19, 2021 Share on Facebook Tweet on Twitter Cricket Cricket TAGSRoad Safety Semi-Final DateRoad Safety Semi-Final LiveRoad Safety Semi-Final ScheduleRoad Safety Semi-Final TimeRoad Safety World Series LIVE SHARE Cricket Cricket Freight & 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|SponsoredSponsoredUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads|SponsoredSponsoredUndo ICC WTC Final LIVE commentary: AIR, DD Sports to live stream & broadcast India vs New Zealand for free Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoWhen will Road Safety World Series Semi-Final played? Date Road Safety World Series Semi-Final 2021 will played on 17 and 19 March17 March 2021 – India Legends advances to Finals, Sachin, Yuvraj shine, crush West Indies Legends by 12 runs19 March 2021 – Sri Lanka Legends vs South Africa Legends, Semifinal 221 March 2021- Final  – India Legends  vs TBCWhen will Road Safety World Series Final played? Date Road Safety World Series Final 2021 will played on 21 MarchWhere is the Road Safety World Series Semi-Final  2021 being played?Road Safety World Series 2021 Semi-Final match will be played at Shaheed Veer Narayan Singh International Stadium, Raipur.Which TV channel will broadcast the Road Safety World Series Semi-Final  2021?Road Safety World Series 2021 Semi-Final match will be telecasted on Colors Cineplex, Rishtey Cineplex, and Colors in India.Also Read: Road Safety World Series, Ind-L vs WI-L Semifinal: From Sehwag to Lara, 5 players to watch out forWhere can you live stream the Semi-Final match?Road Safety World Series 2021Semi-Final will live stream on Voot App JioTV in India.Road Safety World Series 2021 Semi-Final Schedule17 March 2021 – India Legends advances to Finals, Sachin, Yuvraj shine, crush West Indies Legends by 12 runs19 March 2021 – Sri Lanka Legends vs South Africa Legends, Semifinal 221 March 2021- Final  – India Legends  vs TBC Previous articleAFG beat ZIM 2nd T20: Karim Janat, Rashid Khan shine, Afghanistan crushes Zimbabwe by 45 runs and seals a series winNext articleLakshya Sen loses to Caljouw in All England Open Quarterfinals, top seed Momota also ousted Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Cricket Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to know Cricket WTC Final 2021 LIVE: 5 Ways to watch India vs New Zealand World Test Championship LIVE Streaming for free WTC Final LIVE: Muttiah Muralitharan voted ‘Greatest Men’s Test Bowler’ of 21st century WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates Cricket Cricket Cricket RELATED ARTICLESMORE FROM AUTHOR IND vs NZ Live Streaming for free with Jio, Airtel and Vodafone Idea, Check out the best Recharge Plan Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to know Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to knowWhat are the timings of the Road Safety World Series Semi-Final  2021 ?Road Safety World Series Semi-Final 2021 will start at 07:00 PM IST. WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry WTC Final 2021: India vs New Zealand Full Squad, Schedule, Live Streaming, Date, Time, Venue all you need to know World Test Championship final WTC Final Live- Ind vs NZ: Kyle Jamieson bags 5th five-wicket haul in 8th Test, rattles India in WTC final Cricket BCCI to form committee to take call on compensating domestic cricketers last_img read more

first_imgUchumi Supermarket Limited (USL.tz) listed on the Dar es Salaam Stock Exchange under the Retail sector has released it’s 2007 annual report.For more information about Uchumi Supermarket Limited (USL.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Uchumi Supermarket Limited (USL.tz) company page on AfricanFinancials.Document: Uchumi Supermarket Limited (USL.tz)  2007 annual report.Company ProfileUchumi Supermarket Limited is the oldest retail supermarket chain in Kenya selling fresh produce and quality merchandise, with an extended footprint in Tanzania and Uganda. The company has retail outlets in Nairobi, Meru, Eldoret, Kericho, Mombasa and Kisumi; ranging from hyper branches to express convenience stores. Uchumi Supermarket is primarily known for stocking fresh fruit and vegetables, breads and pastries and a range of local merchandise. Subsidiaries include Uchumi Supermarkets (Uganda) Limited and Uchumi Supermarkets (Tanzania) Limited. Kasarani Mall Limited is a subsidiary company engaged in property management. Uchumi Supermarket Limited is listed on the Dar es Salaam Stock Exchangelast_img read more

first_imgTanzania Portland Cement Company Limited (TWIGA.tz) listed on the Dar es Salaam Stock Exchange under the Building & Associated sector has released it’s 2007 annual report.For more information about Tanzania Portland Cement Company Limited (TWIGA.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Tanzania Portland Cement Company Limited (TWIGA.tz) company page on AfricanFinancials.Document: Tanzania Portland Cement Company Limited (TWIGA.tz)  2007 annual report.Company ProfileTanzania Portland Cement Company Limited (TPCC) is a leading cement producer in Tanzania. The company produces cement for the local market and for export to countries in Central and East Africa. The company owns, operates and manages cement factories, grinding plants and terminals as well as cement retail and distribution outlets. TPCC markets its cement products under the following brands; Twiga Extra, Twiga Jenja, Twiga Plus and Twiga Ordinary. TPCC was founded in 1959 by Cementia Holdings AG of Switzerland; nationalised in 1973 and privatised in 1998. It is a subsidiary of Scancem International DA, which has been consolidated into Heidelberg Cement Group of the Federal Republic of Germany and is now known as Heidelberg Cement Africa (HC Africa). Heidelberg Cement Africa operates in seven sub-Saharan countries and has its headquarters in Oslo, Norway. Tanzania Portland Cement Company Limited is listed on the Dar es Salaam Stock Exchangelast_img read more

first_imgFCMB Group Plc (FCMB.ng) listed on the Nigerian Stock Exchange under the Financial sector has released it’s 2008 presentation For more information about FCMB Group Plc (FCMB.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the FCMB Group Plc (FCMB.ng) company page on AfricanFinancials.Document: FCMB Group Plc (FCMB.ng)  2008 presentation Company ProfileFCMB Group Plc is a financial services institution offering products and services for the commercial, corporate and institutional sectors in Nigeria and Europe. The company’s core portfolio is focused on investment banking, asset management, commercial banking, corporate banking, personal banking, institutional banking and treasury and financial markets. The company also offers services for stockbroking, trusteeships, micro-lending and asset and cash management. FCMB Group Plc was founded in 1977 and its head office is in Lagos, Nigeria. FCMB Group Plc is listed on the Nigerian Stock Exchangelast_img read more

first_imgMadison Financial Services PLC (MFIN.zm) listed on the Lusaka Securities Exchange under the Financial sector has released it’s 2009 annual report.For more information about Madison Financial Services PLC (MFIN.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Madison Financial Services PLC (MFIN.zm) company page on AfricanFinancials.Document: Madison Financial Services PLC (MFIN.zm)  2009 annual report.Company ProfileMadison Financial Services Plc is a financial services group in Zambia offering solutions for general insurance and life assurance products for personal and corporate clients in Zambia and Tanzania. The company operates in four segments: life assurance, non-life assurance, asset management and microfinance. Madison Financial Services offers a range of products; from life and term assurance to pension funds which include unitised, guaranteed, endowment and mortgage endowment options. Company subsidiaries offer a range of health insurance products, and personal, motor, household, commercial and business interruption insurance. Madison Financial Services also provides investment management services, as well as investment funds, unit trusts and brokering service. The microfinance division offers solutions for loans to small- and medium-sized companies and employees of public and private institutions. Madison Financial Services Plc was established in 1992 and is a subsidiary of Lawrence Sikutwa and Associates Limited. Madison Financial Services Plc is listed on the Lusaka Stock Exchangelast_img read more

first_imgFalcon Gold Zimbabwe Limited (FALG.zw) listed on the Zimbabwe Stock Exchange under the Mining sector has released it’s 2010 interim results for the half year.For more information about Falcon Gold Zimbabwe Limited (FALG.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Falcon Gold Zimbabwe Limited (FALG.zw) company page on AfricanFinancials.Document: Falcon Gold Zimbabwe Limited (FALG.zw)  2010 interim results for the half year.Company ProfileFalcon Gold Zimbabwe Limited is a gold mining and exploration company in Zimbabwe. The company owns Dalny mine in Chakari, Venice Mine in Kadoma and Golden Quarry mine in Shurugwi. Founded in 1991, Falcon Gold Zimbabwe is a subsidiary of New Dawn Mining Group. New Dawn Mining Corp. in involved in the exploration, development, extraction, processing and reclamation of precious metal deposits in Zimbabwe. It primarily explores for gold, base metals and precious metals. Falcon Gold Zimbabwe Limited also has an operational processing plant and ancillary infrastructure which supports a central processing plant that treats ore from Pickstone. Falcon Gold Zimbabwe Limited is listed on the Zimbabwe Stock Exchangelast_img read more