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Month: August 2020

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Freed! Fraud case against Cash Plus boss Carlos Hill crumbles

2020-08-31
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On: August 31, 2020
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first_imgCarlos Hill…freed in a Jamaica court of fraud charges The fraud case against former Cash plus boss, Carlos Hill, has collapsed. The man accused of fleecing thousands of Jamaicans walked free from court early Wednesday afternoon after the prosecution told the court that no evidence would be offered against him.Justice Chester Stamp, who presided over the case, ordered the jurors to return a verdict of not guilty.According to the prosecution, after the Cash Plus investments scheme folded in 2008, thousands of people were affected and he was expecting them to come forward to give statements.However, only one complainant who provided a statement showed up.The prosecution said it would be difficult to prove that Hill had committed fraud because people from within Cash Plus would have been needed to testify but none came forward.Hill was charged with falsely soliciting persons to invest in Cash Plus, which went under with more than  $10 billion for over 40,000 investors.last_img read more

Gabriel shines as Windies draw

2020-08-31
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On: August 31, 2020
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first_imgBangladesh,  CMC – Pace spearhead Shannon Gabriel took two wickets as West Indies bowlers got in crucial match practice on Monday’s final day of the drawn two-day match against the Bangladesh Cricket Board XI.Replying to West Indies’ overnight 303 for seven declared, the BCB XI finished on 232 for five at the MA Aziz Stadium, with Soumya Sarkar top-scoring with 78 and Shadman Islam getting 73.Mohammad Mithun chipped in with 27 while Najmul Hossain got 21.Gabriel, who will lead the Windies attack in the absence of injured skipper Jason Holder, claimed two for 24 from eight overs.West Indies toiled in vain for an early breakthrough as openers Sarkar and Shadman frustrated with a stand of 126.The left-handed Sarkar, with 10 Tests to his name, produced an attacking knock with 10 fours and three sixes in 103 balls and nearly 2-½ hours at the crease.Shadman, meanwhile, also a left-hander but who is uncapped, faced 169 deliveries in just over 3-¾ hours and counted 10 fours and a six.Left-arm spinner Jomel Warrican eventually accounted for Sarkar but Shadman combined with Najmul in a 47-run, second wicket partnership.Both batsmen fell within five overs of each other before Gabriel grabbed two wickets late on to find his touch ahead of the opening Test starting Thursday.last_img read more

UNAIDS says COVID-19 has worsened HIV situation in the Caribbean

2020-08-31
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On: August 31, 2020
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first_imgHe said the 2020 Global Aids Update notes that even before COVID-219, “Caribbean states health systems were struggling to cover programmes traditionally funded by international donors including HIV Prevention in Key Population initiatives”. GENEVA, July 7 – The coronavirus (COVID-19) pandemic has worsened the efforts by Caribbean countries to meet the 2020 targets on HIV-AIDS, a senior UNAIDS official said Tuesday. “Even as we recognise these successes we must remind ourselves that unless the testing targets have been achieved all other outcomes are sub optimal, but this shows within our region we have the capacity to deploy the people policy and programmes to end AIDS.”The UNAIDS official said last year there were 6,900 AIDS related deaths in the region, declining by 37 per cent since 2010. “But even where the situation is improving ignorance and prejudice remain high. We have to engage people consistently around ending the discrimination,” Guwani said, adding” we must also improve accountability and redress mechanism where people’s rights are violated”. ‘We must remember why they were made in the first place. As things stand, HIV resources for the region are just 42 per cent of the 2020 targets,” he added. He said most reporting Caribbean countries dispense treatment on a monthly basis and “adopting the multi-monthly dispensing would reduce the time spent in clinics both during and after COVID”. The UNAIDS official said Barbados has almost reached the test targets, Suriname, Trinidad and Tobago have achieved significant numbers among people living with HIV requiring treatment. He said that represented 77 per cent compared to the worldwide average of 81 per cent. The report, titled “Seizing the moment,”, warns that even the gains made could be lost and progress further stalled if countries fail to act and highlights just how urgent it is for countries to double down and act with greater urgency to reach the millions still left behind. The new report by UNAIDS shows remarkable, but highly unequal, progress, notably in expanding access to antiretroviral therapy. He said 86 per cent of pregnant women with HIV received antiretroviral therapy to prevent transmission to their babies in 2019. But he said progress across the testing has slowed down, noting “this means we have to expand proven methods of active case …including through community-based programmes”. He said between 2010and 2019 there was a 30 per cent decline in disbursement by global funds and a 90 per cent decline investment by the United States government. UNAIDS Caribbean director, Dr. James Guwani, speaking at a virtual news conference, has warned that the pandemic may blow the Caribbean ‘of course”. But he noted that 81 per cent of diagnosed Caribbean people were on treatment last year “around the same level as the global average”. Photo via UNAIDS He said HIV resources availability from domestic sources increased by 38 per cent, which is good from 2010-19, adding “it is critical that Caribbean governments guard these investments even during COVID-19. “We were not on track to meet the 2020 targets now COVID-19 increases the crisis that may blow us of the course. The report urges us to leverage HIVE leadership and lessons against this new pandemic threat,” he said. It said that because the achievements have not been shared equally within and between countries, the global HIV targets set for 2020 will not be reached. He said the most recent data showed that while discriminatory attitudes towards people labelled HIV had been declining consistently in some countries like Belize and Guyana “they are rebounding in places like Haiti. The UNAIDs official said that HIV prevalence stands at 1.1 per cent in the region and that in 2019 “about three of every four people living with HIV in the Caribbean were aware of their status”. With regards to the Caribbean, the UNAIDS official said many countries in the region had achieved the WHO/PAHO revalidation process in relation to mother to child transmission of the virus. “One hopeful finding from the report is that the Caribbean countries have what it takes to scale up HIV services and reach ambitious goals. Some countries have achieved elements of the 1990 targets, while a couple others are just shy of the target. “Barbados has reached the target for testing, while Guyana has exceeded it with 94 per cent of people living with HIV diagnosed. Cuba is just shy of reaching the treatment target while Haiti has gotten an amazing 98 per cent of diagnosed people on treatments.” He said to reach the 1990 targets the Caribbean would need to get 42,000 more people diagnosed, 61, 000 on treatment and 75,000 barrels of pca, warning thiss may not happen. “The crisis is an opportunity to adopt multi-monthly dispensing of HIV infections for stable patients in accordance with PAHO (Pan American Health Organisation) WHO (World Health Organisation) guidelines”. CMClast_img read more

“I Play Tennis Only For The Money” – Bernard Tomic

2020-08-31
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On: August 31, 2020
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first_imgRelated Tennis “bad-boy” Bernard Tomic has revealed he has never loved the sport of tennis and he’s playing purely for the money.The 73rd ranked player disclosed in an interview on Sunday night that he is amazed at how much he has achieved given his 50% dedication to his tennis career.“Throughout my career, I’ve given 100%,” he said. “I’ve given also 30%. But if you balance it out, I think all my career’s been around 50% and I haven’t really tried and achieved all this. So it’s just amazing what I’ve done.”The troubled Australian now ranked 73rd was recently fined $15000 in Wimbledon for faking an injury in other to lose in the 1st round match against Mischa Zverev, saying in his post-match interview that he grew “bored” during the game.Tomic said in the candid interview, “I’ve never loved tennis. I am just going to go about it as a job. Wouldn’t anyone want to take a job in a professional sport in one of the biggest sports in the world and only give 50, 60 per cent and earn millions of dollars? I think everybody would take that.”He went on to say, “It was a patch I was going through. I wasn’t motivated the last four, five months. I feel like I need to find my balance, I need to find my mindset whether it’s now or in one month or in three months.”Tomic feels he is trapped in an unhappy place at the moment and perhaps winning a Grand Slam is the only thing that can make him extremely happy. He also advised his fans not to waste their money to pay to watch him instead they should watch him on TV.last_img read more

WAFU Draw To Be Held In Accra Today

2020-08-31
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On: August 31, 2020
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first_imgRelated2017 WAFU Cup – Nigeria to Battle Sierra Leone, As Host Ghana Take On GambiaJuly 27, 2017In “Africa”2019 WAFU Cup of Nations: Nigeria Draw Togo in New Tournament FormatMay 30, 2019In “Nigeria”WAFU Nations Cup: Home-based Super Eagles in Dakar to Avenge Togo on SundaySeptember 26, 2019In “National Team” The draw for the 2017 WAFU Cup of Nations will be held at the Labadi Beach Hotel in Accra, the capital of Ghana at 4pm today.Officials of WAFU and Fox Sports – sponsors of the competition – arrived in the country yesterday ahead of today’s event.All the 16 countries participating in the tournament have sent their representatives to attend the pre-tournament workshop which will held this morning. (This is a closed door event).The draw will held at 4pm with some of West Africs’s top former footballers, administrators and diplomats attending the event.The event will start at 4pm sharp and the media is expected to be seated by 3:30pm.The details for the competition will be revealed at the event.The participating teams for the tournament are:BeninBurkina FasoCape VerdeIvory CoastGambiaGhanaGuineaGuinea BissauLiberiaMaliMauritaniaNigerNigeriaSenegalSierra LeoneTogoThe tournament is sponsored by FOX SPORTS.Cape Coast and Sekondi are the host venues for the competition.last_img read more

Sportech executes £20 million share buyback scheme

2020-08-30
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On: August 30, 2020
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first_img The governance of London-listed racing technology and systems provider Sportech Plc has confirmed that it has accepted a £20.9 million buyback of shares issued under a ‘tender offer’.Issuing a corporate update to investors, Sportech governance detailed that it will seek to purchase approximately 20.6 million shares under the offer at a price of 101.5 pence each.Sportech detailed that a number of its corporate directors had participated in the tender offer, with Non-Executive Chairman Roger Withers selling 12,015 shares and Chief Executive Officer Ian Penrose selling 88,200 shares. Non-Executive Directors Maneck Kalifa and Richard McGuire sold 8,961 and 30,000 shares respectively.The share buyout by Sportech will be purchased by financial services firm Investec for cancellation and represents approximately 10% of the firm’s existing share capital.Sportech Plc will look to fully execute its share buyback by 28 March 2017.Last March, Sportech Plc confirmed that it had agreed to sell its Football Pools product to London private equity firm OpCapita for a reported £83 million cash.Sportech governance stated that the funds gained from the transaction would be used to reward investors with a £20 special dividend and further invest in its growing US racing business division. StumbleUpon Ian Hogg joins RPM Gaming as Chairman May 5, 2020 Related Articles UK Tote gains international ‘commingling pool ecosystem’ with Sportech April 17, 2020 Share Share Submit Sportech highlights new client wins under lockdown June 26, 2020last_img read more

Golden Race – Martin Wachter – a “gratifying” year, virtual football and 2018

2020-08-30
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On: August 30, 2020
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first_img StumbleUpon Golden Race’s virtual sports products get Swedish certification June 18, 2020 Share Share Related Articles SBC Awards: The key to an effective submission August 28, 2020 The industry wakes up to virtual sports potential June 26, 2020 Submit As 2017 approaches its culmination, glances are increasingly being thrown towards a huge year ahead and the Russian World Cup on the horizon.Martin Wachter, Golden RaceOff the back of a winning performance at the SBC Awards 2017 Martin Wachter, CEO of Golden Race, reflects on a busy year for the virtual sports provider: “For Golden Race the year 2017 has been very lively. We have experienced a broad growth and we are proud of our establishment in Latin America with the opening of two offices in the region, in Colombia and in Peru – and hopefully more to come. “And we have continued to develop new games to add to our portfolio targeting and tailoring them to our clients’ needs by analysing the market’s demands. It has been a busy but very gratifying year.”Virtual football is a vertical that is very much increasing in popularity, in addition to becoming a much more saturated environment from which to operate as a result.Wachter went on to explain why and how he believes this evolution took place, and what stands the Golden Race offering out from the crowd: “I think virtual football has evolved from a niche to a vertical due to the smooth transition to the digital world that has enabled the industry worldwide to access virtual sports in general.“The constantly increasing volume of players has made us adapt our products to create our online and mobile platform, absolutely different from anything else on the market. Furthermore, our games offer speed and dynamics. Players can play 24/7, anywhere. “Our company offers live-render, HD and 3D games that allow flexibility, easy updating and customisation, meaning each event is unique. With realistic odds from in-house professional bookmakers for each individual game, real sports commentators for in-game voice-overs, and the collaboration with real cameramen, our virtual games are more alive than ever.”After scooping best new virtual sports product at the SBC awards last year, Golden Race followed up its success by winning best new virtual football product at this years presentation.With football’s premier event set to take centre stage in the 2018 sporting calendar, and very much lingering in the minds of a plethora of individuals and organisations worldwide, Wachter continued by offering a brief insight into what is to come next year, and how the Golden Race product can heighten a consumer’s World Cup experience: “[Next] year we are going to focus our efforts on the customer’s needs developing new tools to improve risk management and increase our clients’ revenues and continue to work in introducing our offer to new markets. “Both our virtual football offering, and all the games of Golden Race, will be improved with further advanced features next year, but it is too soon to give anything away.”Adding: “The year 2018 is undoubtedly the football World Cup year; for this, our recently Award Winning Virtual Football game is the reward to the hard work of the Golden Race team. “It is the perfect excuse for players to enjoy our unrivalled virtual matches, completely tailored to the player’s will, when the live football matches are not taking place.”At the SBC Awards 2017, held at the HAC Artillery Garden in London on December 5, Golden Race picked up the award for best new virtual football product. You can see Martin Wachter collect the award from football legend Luis Garcia and sports presenter Matt Lorenzo, and speak about what it both means and says and his company, in the video below. The virtual sports providers are also sponsors of SBC’s Betting on Football event, due to be held at Stamford Bridge, the home of Chelsea Football Club, from March 20-23. You can get all the information about the fifth edition of the largest international sports and football trade conference at this link.last_img read more

ISG enters talks about “ground-breaking” F1 partner package

2020-08-30
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On: August 30, 2020
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first_img StumbleUpon David Lampitt, Sportradar: F1 presents betting’s most sizeable opportunity August 14, 2020 Share Share Interregional Sports Group (ISG) is going to market with the first stage of its ground-breaking betting partner package for Formula 1, a first-of-its-kind partnership for the sport, which was formally announced at this year’s Betting on Sports conference.Just two months after confirming this commercial partnership with Formula 1 – the world’s most prestigious motor racing competition, the London based international sports media group is now ready to enter into discussions with bookmakers.ISG joint Chairman Tony Ragan said: “We are extremely proud to have created one of the best premium sports assets available.“This is a great opportunity for ambitious brands that want to extend their sportsbook’s reach and get ahead of the opposition.”As part of ISG’s bigger relationship with F1, it has the right to sub-license betting partnership rights to select betting brands on a regional or global basis.The package will include regionalised branded on-screen graphics, physical and virtual trackside signage, and digital integration across F1’s rapidly expanding digital and social platforms.“We are beginning dialogue with a number of very exciting global betting brands,” added Ragan. “They are rightly viewing F1 as a huge opportunity.” Submit Kindred marks Q2 comeback ahead of July interim statement July 8, 2020 Sam Cooke: ESI Digital Summit – “esports value is more than a pandemic anomaly” May 22, 2020 Related Articleslast_img read more

Intralot appoints Nicklas Zajdel as digital lead

2020-08-30
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On: August 30, 2020
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first_imgShare Retail closures have ‘severe’ impact on Playtech August 5, 2020 Playtech goes live in the US with bet365 August 7, 2020 StumbleUpon Related Articles Nicklas Zajdel – IntralotAthens listed gambling technology and lottery systems supplier Intralot SPA has confirmed the appointment of Nicklas Zajdel as new Chief Digital Officer (CDO).An industry veteran in delivering omni-channel projects and products,  Zajdel joins Intralot’s executive team from Ladbrokes Coral (GVC Holdings) where he formerly served as Managing Director of Digital Solutions and Director of Commercial Operations.A seasoned industry executive, Zajdel holds further industry executive experience having served as technology lead for Playtech Plc (2010-2013 ) and bwin.partygaming Entertainment (2007-2010)Updating the market, Intralot informs that Zajdel will be tasked with leading the firm’s new digital division, which will deliver new sportsbook platforms and player management systems.Intralot Deputy Chief Executive Nikos Nikolakopoulos, highlighted the importance of  Zajdel’s hire, as the Athens enterprise seeks to aggressively expand its services with the US betting market, stating:-“The appointment of Mr Zajdel contributes to Intralot’s strategic objective of shaping the future of gaming by strengthening our capabilities with new digital products and services to assist growth across all industry verticals but particularly enhance our ability to tap the nascent sports betting market in the US.” Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Share Submitlast_img read more

Simon Dorsen, Okto: ‘regulation will be where the buck starts and stops’

2020-08-30
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On: August 30, 2020
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first_img StumbleUpon Related Articles Share Share Submit The future for retail: Could ‘staff-less’ shops become a reality? November 18, 2019 In an interview with CasinoBeats.com, Simon Dorsen, director of gaming at Okto Group, has claimed that ‘regulation will be where the buck starts and stops’ in 2020. Discussing the importance of paying attention to the regulatory hurdles throughout the coming year, Dorsen delved into Europe’s regulatory framework, particularly to suggest how different licenses are required to limit the movement of funds between retail and online.The director of gaming stated: “As ever, regulation will be where the buck starts and stops, and the importance of paying attention to regulatory hurdles in 2020 should never be underestimated by operators. Europe in particular is a true patchwork of regulatory regimes. Separate licenses for online and retail that limit movement of funds between the channels are essential. “This is none more so the case than when it comes to AML and KYC procedures. Gaming operators who are scrambling to solve these solutions themselves would do well to invite an expert to provide the answer for them. By bringing in an already certified solution, you’re good to go across multiple markets with a ready-made provider that already has the required regulatory approval.” As well as advising gaming operators of the benefits that could be provided via the inclusion of experts in 2020, Dorsen concluded by looking back on 2019 and discussed some of the technological advancements that will shape the industry moving forward. He added: “It’s been a great year for new technology, especially when it comes to mobile gaming. The wallet revolution is already mainstream and gaming and betting operators are becoming increasingly interested in understanding how they can leverage our OKTO.WALLET to streamline operations and minimise costs.“When it comes to the customer, we’re seeing a rapid uptake. Mobile transactions already account for 54 per cent of digital payments in Europe and are growing globally by 10 per cent. With technology advancing at an even quicker pace than adoption, payment solutions are offering a whole new level of convenience for customers dedicated to reducing friction in gaming transactions. “Fast payouts build brand trust with the player, driving repeat betting, visitation and deposit ratios, and I’m looking forward to seeing operators continuing to capitalise on that in 2020.”last_img read more

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