St Lucia welcomes construction of luxury hotel

first_imgThe St. Lucia government has welcomed the decision by luxury hotel operator, Fairmont Hotels & Resorts, to construct a 120 room hotel in that Eastern Caribbean nation. Government officials say the project underscores the Allen Chastanet administration’s efforts to bring increased investment, sustainable employment, economic activity and development to the south of the island.“There has been many an attempt for you to come to St. Lucia and I am glad that it has finally come through. On behalf of the Government of St. Lucia I want to say how grateful we are for the confidence you have in St Lucia and how much we look forward to working with you in promoting our destination,” Chastanet told representatives of Fairmont Hotels & Resort in announcing the ensuing hotel project.The US$220 million hotel, which is expected to be opened in 2019, will be built in the west coast village of Choiseul and will feature 40 private residential villas, over 25 acres of beach front property.A statement from the Office of the Prime Minister quoted the Minister for Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs, Bradly Felix as indicating that the project heralds the “beginning of the long-awaited infrastructural transformation that Choiseul needs in order to bring out its true potential and generate a greater level of economic activity.”In recent years St. Lucia has been focused on the development of its tourism infrastructure and grasp a significant share of the Caribbean tourism market.last_img read more

CARICOM leaders to participate in international conference on Venezuela

first_imgBASSETERRE, St. Kitts, CMC – CARICOM chairman and St. Kitts-Nevis Prime Minister Dr. Timothy Harris will lead a Caribbean Community (CARICOM) delegation to Uruguay for an international meeting on the ongoing political situation in Venezuela.Harris will be accompanied by his Barbados counterpart, Mia Mottley and Trinidad and Tobago Prime Minister Dr. keith Rowley.CARICOM leaders met by video conference on Thursday to discuss their latest initiative to end the situation in Venezuela where Opposition Leader Juan Guaidó, backed by the United States and several other western countries, has declared himself the interim leader of the South American country.A government statement issued here said that the CARICOM meeting on Thursday was attended by regional leaders or their foreign ministers from Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts- Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, and Trinidad and Tobago. CARICOM Secretary General Irwin LaRocque also participated.The governments of Mexico and Uruguay have called for the conference on February 7 with representatives from the main countries and international organizations that hold a neutral position towards Venezuela.The purpose of the conference is to lay the foundation for establishing a new mechanism for dialogue that, with the inclusion of all Venezuelan forces, will contribute to restoring stability and peace in that country.But Guaido said Friday he has turned down the request to participate in the talks and had written to the leaders of both Uruguay and Mexico urging them to back the struggle to remove Maduro.Last week, CARICOM leaders met with UN Secretary General Antonio Guterras in a bid to get the world body engaged in the Venezuelan situation.CARICOM has maintained an non-interventionist position regarding Venezuela and has offered to acts as a independent broker.last_img read more

Muguruza Beats Venus To Win First Wimbledon Title

first_imgGarbine Muguruza of Spain has won her first Wimbledon Open crown after she defeated Venus Williams in straight sets in their final clash played on centre court.The Spaniard saved two set points and win the last nine games to seal a 7-5 6-0 over five-time champion Venus Williams thus denying the 37-year old a first major title since 2008.A win would have made Venus Williams the oldest female Grand Slam champion in the Open era however 14th seed Muguruza took charge to win her second Grand Slam title after her 2016 French Open final triumph over Serena Williams.Speaking after the game, Muguruza said: “I had the hardest match today against Venus,”“She’s such an incredible player. I grew up watching her play – sorry,” she added.“I feel incredible to be able to play her here. Of course I’m nervous because I always dreamed about winning it, but I was composed.” the Spanish tennis player further stated.With her win over Venus, Muguruza becomes only the second Spanish woman to win the Wimbledon singles title after her coach, Conchita Martinez thus atoning for her 2015 final loss to Serena Williams. Relatedlast_img read more

Premier League Asia Trophy: Coutinho Masterclass Gives Liverpool Title

first_imgLittle Brazilian magician Philippe Coutinho produced a moment of magic capable of winning any football game just before the interval to fire Liverpool to a 2-1 win over Leicester City in the final of the Premier League Asia trophy played at the Hong Kong Stadium in Hong Kong.Former English Premier League (EPL) champions Leicester City had taken a shock lead in the 12th minute before new summer signing Mohammed Salah levelled matters for the Reds eight minutes later paving the way for Coutinho’s masterclass in the 44th minute.Both sides made several changes in the second half and that affected the intensity of the game with neither side adding to their tally before the final whistle.Liverpool manager Jurgen Klopp would be hoping they can take this momentum into the new season in three weeks time though their next assignment would be in Germany for the Audi Cup.London side Crystal Palace had earlier taken third position after beating West Brom 2-0 courtesy goals from Luka Milivojevic and Bakary Sako in the 3rd/4th place playoff. Relatedlast_img read more

El-Clasico: Watch All The Goals As Barcelona Edge Madrid Again! (Video)

first_imgBarcelona again showed their recent supremacy over rivals Real Madrid following a 3-2 win at the Hardrock Stadium, Miami in their International Champions Cup (ICC) clash.Argentine superstar Lionel Messi gave the Nou Camp giants the lead as early as the 3rd minute before midfielder Ivan Rakitic added a second goal three minutes later.Real Madrid, who were without their talisman Cristiano Ronaldo, however battled back through first half goals from Mateo Kovacic and Marco Asensio but it was the controversial Gérard Pique who turned out to be the matchwinner for Barcelona as he netted early in the second half off Neymar’s freekick.The game was new Barcelona manager Ernesto Valverde’s first game against Real Madrid in the el-clasico and he would have taken a lot of confidencefrom his side’s display ahead of their Spanish Super Cup clash (first leg) scheduled for August 13.Watch the Video below:Video Player Up/Down Arrow keys to increase or decrease volume.Credit: worldfootballRelatedlast_img read more

2018 CHAN Qualifier: Benin Republic Pip Nigeria 1-0 In Cotonou

first_imgThe home base Super Eagles of Nigeria have narrowly lost to Benin Republic 1-0, in the 2018 CHAN qualifier in Cotonou on Sunday.The coach Salisu Yusuf led team was on the verge of a valuable away draw before Mama Seibou converted a 90th-minute penalty to hand The Squirrels a first leg advantage.Nigeria’s Orji Kalu Okogbue will not be available for the second leg in Kano, as the defender furiously confronted the referee after full time to express his displeasure at the match official’s decision to award a penalty, a gesture that earned him his second caution of the game.Nigeria will now host the Benin Republic in Kano next Saturday for the second leg. RelatedCHAN 2018 Qualifier: Eagles Hunt Squirrels For CHAN QualificationJuly 23, 2017In “National Team”AUDIO: We Won’t Underrate Benin In CHAN Qualifiers – Salisu YusufJuly 25, 2017In “Africa”CHAN 2018: Nigeria Beat Benin Republic 2-0 In Kano To Qualify For KenyaAugust 19, 2017In “National Team”last_img read more

iGB announces format for iGaming Entrepreneurs Conference – 8 December

first_img Mobile Carrier Billing: Gambling operators could be losing up to 70% of revenues July 8, 2020 Share Share Irish Greyhound Board orders Sportech Tote upgrade February 12, 2020 Submit StumbleUpon Registration opens for London Baby 2018 January 8, 2018 Related Articles Michael CaselliIndustry event organiser and publishing firm iGaming Business (iGB) has announced the format and schedule for its second ‘iGaming Entrepreneurs Conference’, hosted on 8 December at the Grange Tower Bridge Hotel (London).iGB informs that the conference will begin with a ‘pitch coach’ by Benjamin Ball (Benjamin Ball Associates) offering expert advice on approaching business propositions to investors.The conference will have a firm focus on running a ‘lean start-up’ with a further emphasis on assessing ‘business life cycles’ and projecting growth for new industry incumbents.Furthermore, the “Brightest Minds” showcase will cap off the event, seeing the entrepreneurs pitch their ideas in a 60-second video to the panel of mentors and investors who will then choose one project as the winner of the showcase and the recipient of the mentoring package which includes mentoring from Mark Blandford, Melissa Blau and; Professional Services from accountants BDO and expert iGaming law firm Harris Hagan; and professional services from NMi, Vegas Kings and Lyceum Media.Michael Caselli, Editor-in-Chief of iGaming Business commented on the event and its format“After the success of the 2015 event, we wanted to focus on not only bringing investment to iGaming entrepreneurs, but also high level content and a mentor programme that can help drive their business forward. The sessions throughout the day are focused on helping entrepreneurs present and generate investment but are topped off with a Brightest Minds showcase where the entrepreneurs can compete for a mentorship package worth tens of thousands of pounds that will propel their business forward,”last_img read more

Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

first_imgShare Presenting its full-year 2016 results, Greek gambling operator OPAP details that its financial performance has been impacted by higher tax charges combined with a higher operational outlay as the firm prepares for significant operational changes in 2017While OPAP sustained total group wagering at €4.2 billion and group gross gaming revenues at €1.39 billion, the firm’s earnings and profit metrics would be significantly impacted by the Hellenic government tax hike to 35% on betting and gaming services.Closing its FY 2016 performance, OPAP governance would report a Group EBITDA of €307 million down 18% on corresponding FY 2015’s €377 million. The declined earnings result would see OPAP governance declare FY year profits of €170 million down 19% on FY 2015’s €210 million.Despite the firm’s woes, New CEO Damien Cope (appointed May 2016) stated that the firm had performed to within its expectations, in what was a tough year of adjustments for OPAP operations and services.Looking forward, this March OPAP governance secured a €200 million bond issue, through Greek and foreign investors, which will be used to spend on corporate infrastructure projects.In Q1 2017, the firm has begun its rollout of new video lottery and self-service betting terminals powered by Playtech BGT. Furthermore, the company has pushed for the integration of new player management and business intelligence systems which will better connect its 350 Greek retail betting points.Damien Cope commented on corporate progress: “During 2016 I set out the company’s long-term ambition and the key strategic priorities, and I am pleased with the progress that the OPAP team has achieved across many of the key initiatives. 2017 will be a year of unprecedented levels of change for OPAP, and we have started well.“The year began with the smooth deployment of the first VLT machines in our new ‘Play’ Gaming Halls. We also concluded agreements with our new technology partners and worked on this transformation program is well underway. More recently we successfully launched a common retail bond and finalised a new contractual relationship with our agent network.“Although there is still a long way to go I am confident that the successful delivery of our plans for 2017 will act as a major step forward in the achievement of our “2020 Vision.” Submit Share OPAP delivers on Athens children’s hospital CSR projects July 6, 2020 Related Articles SAZKA confident of European comeback as assets weather COVID-19 storm June 12, 2020 Greek retail closures rock OPAP Q1 performance June 11, 2020 StumbleUponlast_img read more

How long will trading be the heartbeat of betting? Betting on Football takes a look

first_img Share Related Articles Betting on Football, 3-5 MayThe trading operation of a betting company is the heartbeat of the operation – at least for now. Marketing has long been eating into its functions, although the emergence of the live betting phenomenon means that the pendulum has swung back the way of trading teams. But for how long?Betting on Football 2017 (3-5 May) will deliver a comprehensive update on trading and operating within the fast-moving sports betting industry.Trading & Operations is one of four tracks across three days at Stamford Bridge, which will also host separate tracks for Leadership, Market Profiles and Marketing & Media.Starting with a look at the future of the trading floor, and whether traders will ultimately become distinct within fully automated bookmaker operations, the seven-panel agenda also includes a close look at the challenges of live betting data, and how traders are ceding more and more control to punters via promotions such as cash out, edit bet and edit my acca.Colossus Bets CEO Bernard Marantelli will be speaking on ‘From cash out to edit my bet’ alongside Eoin Ryan, Head of Sportsbook Product at BetVictor, Sky Bet’s Head of Football Trading Andrew Wright and Betgenius Head of Sportsbook Product Tom Warburton.Marantelli commented: “Having pioneered Cash Out, we have watched it become industry standard in football betting and beyond. And now with our ‘crowdbetting’ solution, Colossus Syndicates, we are poised to set the standard for social betting – elevating the player experience to a new level and opening up our football pools offering to a far wider audience than ever before.”There is also as session on operating in a live environment – Keeping it real time – the challenges of live betting data – where experts such as David Lampitt, Managing Director Group Operations, Betradar, will discuss how his firm handles the issue.The afternoon will feature a one-on-one with someone who has held director level positions at the UK’s traditional ‘big three’ bookmakers – Ladbrokes, Coral and William Hill. John O’Reilly, the newly appointed Non-Executive Director for William Hill, will be sharing his thoughts on the current state of the betting market and how its relationship with football has developed over time.‘Emulating the beautiful game’ and providing products to complement real-life action will be the central theme of discussion for the virtual football session featuring Golden Race CEO Martin Wachter, VSoftCo Simon Westbury, and Highlight Games Managing Director Tim Green.The day will conclude with a debate on the future of exchange betting featuring Matchbook, Smarkets and Spiffx, which follows a detailed look at how SSBTs are replacing lost OTC revenue in betting shops. ‘How SSBTs are changing the face of betting shop business’ will see Chisholm Bookmakers, Best Gaming Technology (BGT) and Fincore discussing a different way of understanding the retail betting environment and how SSBTs will evolve to reflect this.John Pettit, Managing Director for Playtech BGT Sports in the UK, Ireland, Asia and Australia, said: “The range of bets being placed on digital devices has shown that football bettors now demand greater market inventory than the traditional pre-match offering of WDW and over/under markets. “At Betting on Football 2017, I am looking forward to trading ideas on how the SSBT will cater for the modern football-focused customer, and the level of multi-channel innovation required to make an impact within the retail sector.”Do you want an insight as to how the trading floor will look in the future? Click here to sign up to Betting on Football and join the discussion. StumbleUpon Betgenius expands virtual sports range with Kiron August 20, 2020 Submit SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 PokerStars moves to refresh global appeal with ‘I’M IN’ August 18, 2020 Sharelast_img read more

Hallo Deutschland…LeoVegas SPORT launches in Germany

first_img Submit StumbleUpon Related Articles LeoVegas hits back at Swedish regulations despite Q2 successes August 13, 2020 Share Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 Share Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Updating the market, Stockholm-listed LeoVegas AB has detailed the launch of sportsbook division LeoVegas SPORT for the German betting market.A key launch for H2 2017, LeoVegas SPORT enters the German betting market launching a multi-format marketing campaign for social media and TV verticals.As a new German betting market incumbent, LeoVegas aims for the its TV and social media campaign to promote its mobile betting capabilities, highlighting ‘high-speed betting, fast navigation between different sports and a direct cash- out system, available even during the live games’.Publishing its H1 2017 results, LeoVegas governance has highlighted the key initiative of developing its betting and gaming assets outside the firm’s home market of Sweden.Sports betting subsidiary LeoVegas SPORT now enters a crucial H2 2017 operating period in which it has launched its services for the competitive Danish and German betting markets.last_img read more