CITY MOVES | WHO’S SWITCHING JOBS

CITY MOVES | WHO’S SWITCHING JOBS

first_img Show Comments ▼ BetfairThe bookies have appointed a new non-executive director to its board: Baroness Denise Kingsmill. She will also sit on the company’s audit committee in this role. Kingsmill has experience serving on the competition commission, of which she was deputy chairman 1996-2003, and she has also chaired three reviews and taskforces for various government departments. She is currently a member of Microsoft’s European Policy Council.Aviva InvestorsKevin Talbot and Manish Singhai have joined the firm as chief investment officers of fixed income and equities respectively for Asia. They will both report to Tahnoon Pasha. Talbot joins from ANZ Bank and has also worked at AMP Capital Investors. Singhai moves over from Arjava Capital, a company he incorporated, and has previously worked for a decade at AllianceBernstein.Navigant ConsultingNicholas Pollard has joined the consultancy as head of its Europe, Middle East and Africa construction consulting operations team. He joins the company from Bovis Lend Lease, where he was chief executive of Lend Lease UK. He has also previously worked at Skanska UK and was a director at Railtrack/Network Rail. His main areas of expertise are civil engineering, utility networks and commercial building. Barclays WealthJulia Church has been appointed as head of Guernsey within Barclays Wealth’s advisory division. She will be in charge of managing the Guernsey platform with a focus on deepening client relationships. She will report to Walter Coxon, managing director of the division. She joins the firm from Credit Suisse Trust, where she was a board director. Interim PartnersAngela Hickmore has joined the firm’s management team. Hickmore has spent a decade at Albemarle Interim Management where she was a managing director. Previously, she was a director of Management Resources at Robert Half. She has worked with clients including the Bank of England, Northern Rock, RBS and Lloyds.Ascent ResourcesGraham Cooper has joined the board of the resources firm. KCS-content Share whatsapp Wednesday 2 February 2011 7:25 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.com whatsapp CITY MOVES | WHO’S SWITCHING JOBS Tags: NULLlast_img read more

Essar stock soars after analyst boost

Essar stock soars after analyst boost

first_img Show Comments ▼ Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img KCS-content Monday 28 February 2011 8:42 pm Essar stock soars after analyst boost SHARES in India-focused power and energy firm Essar Energy jumped almost four per cent yesterday after Credit Suisse analysts described it as an “unrivalled growth proposition”.Essar shares rose 3.97 per cent to 529.2p in morning trading after the bank, which assumed coverage on its stock, set a 600p target price and rated it “outperform”. The stock closed up 3.5 per cent at 517p.Credit Suisse analysts led by Ritesh Gaggar said Essar, which operates both oil and gas assets, was well positioned to benefit from massive growth in the Indian power market. “We believe Essar offers investors a strong growth profile, with free cash flow looking set to expand materially to a sustained $3bn per annum from 2015,” they said.“Its strategy ties in well with the outlook for the Indian power market, which is in structural deficit. The potential for future power demand growth in India is significant”. The analysts believe Essar, a holding company for $8bn of energy assets, is undervalued compared with other Indian utilities and will benefit significantly from its growth strategy.Essar has struggled to maintain its share price in recent months despite making progress on the construction and overhaul of its refineries and power stations. Its shares peaked at 589.5p in December but have since slipped back. Essar was spun out of Indian conglomerate Essar Group in a £1.3bn London share sale last April. Tags: NULLlast_img read more

Vodafone may have to settle for £6bn for stake in French joint venture SFR

Vodafone may have to settle for £6bn for stake in French joint venture SFR

first_img whatsapp Show Comments ▼ VODAFONE may receive far less than it had hoped for its stake in its French joint venture, sending its shares down two per cent yesterday.It is in talks with Vivendi over the sale of its 44 per cent stake in SFR but it is understood the French firm is only willing to pay £6bn. Vodafone had hoped for closer to £7bn for the asset, which it is purging as part of its strategy to offload non-core assets.Vodafone chief executive Vittorio Colao has said he will not be forced into making the sale and several analysts said although they did not think that £6bn was an unfair price, they thought that Vodafone could wait to see if the price improves.A crucial part of the deal will be whether Vodafone and Vivendi can agree a long-term roaming deal which would allow Vodafone customers to access the SFR network in the future.In November Vodafone sold its £3.1bn stake in Japanese carrier SoftBank. Earlier last year it confirmed the £4.3bn sale of its interests in China Mobile. Other non-core ventures likely to be disposed of soon include Vodafone’s 25 per cent stake in Poland’s Polkomtel.A final decision on its large minority stake in US-based Verizon Wireless is not expected until 2012 but analysts expect Vodafone to maintain its interests after indications dividend payments will resume later this year.Vodafone’s shares closed 1.8 per cent lower yesterday at 175.74p. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Vodafone may have to settle for £6bn for stake in French joint venture SFR Tags: NULL whatsapp KCS-content Monday 14 March 2011 8:36 pm Sharelast_img read more

Yen hits high against dollar

Yen hits high against dollar

first_img KCS-content Yen hits high against dollar THE YEN surged to an all-time record high against the dollar yesterday as fears Japan may be losing its battle to contain a nuclear meltdown saw demand for the currency rocket on expectations that Japanese investors will bring home cash from abroad to help finance reconstruction of the crisis-stricken country.The dollar plunged by more than five per cent against the yen, falling to a record low of 76.32 yen, breaching a previous record low of 79.75 set on 19 April, 1995. Strategists said a combination of the repatriation of money by Japanese insurers of money necessary to pay damage claims, investors exiting riskier investments abroad and the end of the fiscal year meaning Japanese companies would be bringing back overseas earnings by the end of March were behind the currency’s biggest rise since World War II. The yen’s extraordinary rally, which puts further pressure on Japan’s fragile economy by making its goods less competitive, prompted expectations that the Bank of Japan would be forced to intervene by selling yen in the market in a bid to drive the dollar higher. “It is now a game of chicken between the market and the Bank of Japan over intervention to try and weaken the yen and help the already fragile Japanese export market,” said Jeremy Cook, chief economist at foreign exchange brokers World First. whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULL whatsapp Share Wednesday 16 March 2011 9:53 pm Show Comments ▼last_img read more

Just half of all Germans back Portugal rescue

Just half of all Germans back Portugal rescue

first_img KCS-content Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp Just half of all Germans back Portugal rescue whatsapp Show Comments ▼ Sunday 10 April 2011 10:35 pm A NARROW majority of Germans is in favour of the EU’s multi-billion-euro bailout package for crisis-hit Portugal, a poll suggested yesterday, with 90 per cent believing it would not be the last. A poll for a German newspaper showed 50 per cent agreed with the EU’s decision to bail out debt-wracked Portugal to the tune of around €80bn (£70.7bn). According to the survey, 45 per cent believed it was the wrong decision.However, nine out of 10 of those polled thought that Portugal would not be the last Eurozone country to fall, as speculation mounts that Spain could be the next country to need a bailout from Brussels.Portugal last week became the third Eurozone country to ask European authorities for a bailout after Ireland and Greece.The latter bailout in particular was extremely unpopular in Germany, the bloc’s top economy. Tags: NULLlast_img read more

Online Casinos Can’t Afford to Gamble on Online Player Experiences

Online Casinos Can’t Afford to Gamble on Online Player Experiences

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online gambling is gaining a lot of market traction, especially among millennials, who prefer to play online rather than visit a casino.But online players today typically experience a time lag of two to five seconds on their online video stream, causing long play time to complete a game. Delivering true realtime global online streaming requires a new approach.This webinar took place on Thursday 29th November at 2pm GMT. Video delivery experts from Limelight Networks present ways to deliver broadcast quality realtime latency live streams, including the ability for online players to experience consistent game action streaming with less than one second of latency on popular web browsers—without special plug-ins. Speeding online play increases revenue for the casino.In addition, we will discuss how to integrate live video and interactive data to open up new workflows, and make live online playing a more interactive social experience, changing how online player experience game play.In this webinar you will learn about:1. Latest market data on the evolving player expectations for online gambling2. Delivering low-latency live video with today’s HLS and DASH chunked streaming techniques3. Sub-second global live streaming using new technologies4. How creating interactive online experiences by integrating live data with video can help open up new business opportunities5. The latest trends in cybersecurity to maintain the integrity of online games Uncategorized Subscribe to the iGaming newsletter Online Casinos Can’t Afford to Gamble on Online Player Experiences 9th November 2018 | By Online players today typically experience a time lag of two to five seconds on their online video stream, causing long play time to complete a game. Delivering true realtime global online streaming requires a new approach. Are you looking to improve your offering and ultimately increase your revenue? Topics: Uncategorized Email Addresslast_img read more

Senet Group brings in five new partners

Senet Group brings in five new partners

first_img Topics: Casino & games Marketing & affiliates Sports betting Strategy Bingo Poker Aspers, Caesars, Genting, Playtech and the Rank Group have all signed up as new partners of UK-facing responsible gambling body the Senet Group. Senet Group brings in five new partners Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Ireland Subscribe to the iGaming newsletter Aspers, Caesars, Genting, Playtech and the Rank Group have all signed up as new partners of UK-facing responsible gambling body the Senet Group.The quintet will now sit at the organisation’s quarterly CEO forum, which advises the Senet board and independent chairman Gillian Wilmot.William Hill, Paddy Power Betfair, SkyBet, GVC (Ladbrokes-Coral) and Scotbet are among the other funding partners that currently support the Senet initiative.“This is a significant statement of intent from all five companies who share the view that responsible gambling should be at the heart of our businesses,” Rank Group CEO John O’Reilly said.“The Senet Group is well placed to deliver an ambitious programme of work, and today’s announcement further strengthens the industry’s wider commitment to ensuring a safer gambling environment can be enjoyed by all customers.”Sarah Hanratty, chief executive of the Senet Group, added: “With a great many initiatives and projects underway across the gambling industry, aimed at understanding and reducing problem gambling, the sector needs to improve its ability to collaborate on the development, testing and sharing of interventions which work. “Senet is doing its part in leading and facilitating collaborative projects, and I am delighted that our new partners have chosen to recognise the importance of collective leadership on safer gambling.”Founded in 2014, the Senet Group focuses on promoting responsible gambling standards in the UK and ensuring that the marketing of gambling products is socially responsible.Ladbrokes, William Hill, Gala Coral and Paddy Power were the first four major bookmakers to support the initiative. Bingo 15th April 2019 | By contenteditor Tags: Card Rooms and Poker Online Gamblinglast_img read more

Kambi boosted by Swedish and US growth in Q1

Kambi boosted by Swedish and US growth in Q1

first_img24th April 2019 | By contenteditor Finance Sports betting services provider Kambi Group has cited the launch of Sweden’s newly-regulated igaming market and its ongoing expansion efforts in the US as among the main drivers of a 28% year-on-year increase in revenue during the first quarter of 2019. Sports betting services provider Kambi Group has cited the launch of Sweden’s newly-regulated igaming market and its ongoing expansion efforts in the US as among the main drivers of a 28% year-on-year increase in revenue during the first quarter of 2019.Revenue for the three months to March 31 totalled €21.0m (£18.2m/$23.5m), up from €16.4m in the corresponding period last year.At Kambi, revenue represents fees received for sports betting services rendered to its operators. Re-regulation in Sweden and Kambi’s entrance into a number of regulated states in the US meant the provider expanded its customer base and generated more revenue as a result.The supplier currently powers five of the eight sports betting offerings launched in Pennsylvania, with Greenwood Gaming and Entertainment’s Valley Forge Turf Club launching during the quarter, while sportsbooks were also rolled out for the mybet and Wunderino brands during the period. It also powers a sportsbook for AB Trav och Galopp (ATG), which is the early market leader in Sweden’s newly regulated igaming market, with turnover of SEK1.07bn.Kambi noted that revenue derived from locally regulated markets in the quarter was responsible for 71% of total revenue, up from 50% in the same period last year.The introduction of gambling tax in Sweden, alongside new business in the US, meant that Kambi paid more in taxes than last year, with this figure up from €300,000 to €500,000.Kambi noted an increase in costs across the business, with overall spend up from €14.4m to €18.4m. Staff costs were up from €6.2m to €8.3m, amortisation climbed from €2.0m to €2.2m, while other operating expenses hiked from €6.2m to €7.9m for the three months.Kambi noted that it expects total operating expenses to increase during Q2 by between 4-6% on Q1, with similar cost growth per quarter forecast for the rest of the year. The provider added that this will ultimately be driven by the speed of regulatory development in the US.However, with higher revenue boosting Kambi in the quarter, this meant that the provider was able to post an operating profit of €2.6m, up from €2.0m in the previous year.Profit before tax was also up from €1.8m to €2.5m, while profit after tax increased from €1.5m in Q1 2018 to €2.0m in the most recent quarter.“Building on our tremendous achievements last year, we continue to reach new heights with Q1 2019 one of our best quarters yet, featuring new customer signings, numerous customer roll-outs and continued financial growth,” CEO Kristian Nylén said.Nylén cited new partnerships with the Mohegan Sun casino in Connecticut, US, and the relaunch of mybet in Germany as major highlights for Kambi in Q1. The provider will supply an online and on-property sportsbook to Mohegan Sun, with a free-to-play variant already live. Nylén said expansion in the US market remains one of Kambi’s main strategic priorities and the provider will continue to seek out new partners as more states move to legalise sports betting.“As expected, the regulation of sports betting state-by-state has been a slow process but one which may pick up in the coming months as states push for legislation ahead of the start of the next NFL season in September,” he said.“Of more importance is that states regulate the right way. As we have seen in New Jersey, where mobile betting represents 80% of the market, online regulation is key if states are to channel players away from the illegal market into a safe and regulated environment.”Image: Max Pixel Subscribe to the iGaming newsletter Email Addresscenter_img Topics: Finance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Kambi boosted by Swedish and US growth in Q1last_img read more

Doing things the right way

Doing things the right way

first_img Subscribe to the iGaming newsletter Casino & games Topics: Casino & games Legal & compliance Lottery Sports betting Email Address Tags: Mobile Online Gambling OTB and Betting Shops Doing things the right way 29th August 2019 | By contenteditor Anambra State Gaming Company chief executive Benjamin Yarnap explains how the state regulator is working to encourage gaming companies to invest in the state, while ramping up player protection efforts. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Anambra State Gaming Company chief executive Benjamin Yarnap explains how the state regulator is working to encourage gaming companies to invest in the state, while ramping up player protection efforts.“There are a lot of people who don’t even know what regulation is,” Benjamin Yarnap explains. “Here in Anambra, we are doing things the right way – we ensure that every operator is genuine.” As chief executive of the Anambra State Gaming Company, the south-eastern Nigerian state’s regulatory authority, Yarnap is the man responsible for overseeing the state’s gambling industry while ensuring it remains an attractive jurisdiction for operators. The regulator was established in 2016, as a joint venture between the Anambra State Investment Promotion and Protection Agency (ANSIPPA), and Global Gaming Company. The reasoning, Yarnap says, was to reduce government bureaucracy and running costs.  “That’s when the state government realised they needed to put a regime in place,” Yarnap explains. “Before that a lot of people were losing money, but even then there were laws, though they weren’t enforced. There’s been a law in place since 2005, in fact laws were introduced in 1970s, but serious regulations came into force from 2016.  “Now with the amount of gaming in the country, everybody knows what it brings in,” he says. “There’s the good: internally-generated money, tourism, employment. And then the bad, such as the problem with addiction. We had to have a proper regulatory framework to ensure both companies and punters can enjoy the good part, and to tackle the bad part.” Total transparency This has seen a licensing framework brought into effect, which requires every prospective licensee to register as a Nigerian company, then provide the State Gaming Company with information on their share capital, as well as a bank guarantee or insurance bond to show they’ve got the resources to operate in the state. Directors are also subject to background checks to ensure they pay taxes.  This is coupled with a tax rate of 1.5% of gross revenue for sports betting – a rate lower than other Nigerian states, such as Lagos’ 2.5%, Yarnap points out. The licence fee is also low, costing ₦10m (£22,770) compared to ₦50m in Lagos. However, this must be paid in addition to a federal gaming tax, set at 20% of gross revenue. Despite admitting that the dual taxation model is “a dichotomy”, Yarnap argues that there is value in securing both federal and state licences.  “I encourage anybody to get both,” he says. “To a businessman, telling them they must be doubly taxed may be unattractive, but the tax rates are fair enough for strong companies to pay both.  “And if you prepare for the two models, you will still break even. As long as you have good payout rates and offer attractive bonuses or jackpots, you will do well.” Responsible focus While this dual taxation model may prompt operators to enter the market without a licence, Yarnap says that illegal gambling is not currently a major concern, though whistleblowing processes have been set up to allow citizens to flag illegal activity.  These can also be used to flag underage gambling, with Anambra enforcing a strict 18+ age restriction on all games of chance. Those found in breach of the law face fines and even licence revocations. This, he says, is part of a “man-to-man” approach to responsible gambling, alongside discouraging excessive advertising and restrictions on where betting shops may be opened.  Ultimately he’d like to go a lot further, to ensure customers are not spending beyond their means.  “[What] want to do is have an automated system where we see all bets,” he says. “So this way if a player puts on a bet worth half their salary we will be able to stop that.  Healthy competition In Yarnap’s eyes, Anambra is competing against Lagos and Rivers to be the most attractive start for gambling operators. While it may only be the country’s eighth most populous state, it is also the second most densely populated after Lagos, and in 2017 governor Chief Willie Obiano claimed it had the lowest rate of poverty in the country.  “What we have here is an investor’s heaven,” Yarnap says. “Our citizens have a lot disposable income and a history of wagering.” There are therefore a lot of popular forms of gambling: “We have sports betting, casino, lotto, virtuals and even raffles, where people win prizes such as chickens, which might seem funny but it’s popular.  “We also have pool betting, which is quite big, so we have a lot of different products to offer different things for different people.” This is almost entirely coming through land-based channels, he adds.  “Every conference I go to, I hear huge figures about mobile gaming growth, but in Nigeria people prefer land-based,” Yarnap explains. “Some companies do upwards of 80% of revenue through land-based operations.  He says that while internet penetration is not a problem, mobile payments are simply not trusted by the population, meaning there has been no signs of Anambra – or Nigeria – emulating Kenya’s MPesa-driven mobile gaming boom. “It will take some time to catch up. When mobile money becomes accepted, we will see growth, but it will take time. “But just because players aren’t on mobile doesn’t mean the market is not growing,” he continues. “Even where people use mobile, it will be to place the bet online, then pick up winnings in a shop, similar to some US states – everything comes back to land-based today.” Ultimately, he says, his job is simple: “The operators must pay out winnings at the right time, and the punters have to be protected from developing problems with gambling.  “Basically what we do is to make the industry safer and cleaner,” he adds. “It’s only for those that are serious about gaming.”Benjamin Yarnap will be speaking on the panel ‘Evolving with the Times: Regulators Keeping Up with Technological Innovation’ at 11:15 on Day 2 of this year’s ICE Africa taking place 2-3 October. For more details and to find out more, go here Regions: Africa Western Africa Nigerialast_img read more

PSL 2021: Karachi Kings start with a record win in Pakistan…

PSL 2021: Karachi Kings start with a record win in Pakistan…

first_imgColin IngramNot out17221077.27 Previous articleLakers vs Heat LIVE: 5 stats to know as we see the repeat of 2020 NBA FinalsNext articleVijay Hazare Trophy, Live News, Live Updates, Live Score, Ball by Ball Commentary Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. RELATED ARTICLESMORE FROM AUTHOR BatsmenRB4S6SSR PSL 2021 – Karachi Kings beat Quetta Gladiators by 7 wickets: Karachi Kings played like a defending champions to thrash Quetta Gladiators in the opening match of the Pakistan Super League. After bunding out Gladiators for just 121 runs, Imad Wasim’s side achieved the target in just 14th over with Joe Clarke striking 46 of just 23 balls.Karachi won with 6.1 overs to spare, their biggest victory in terms of balls left. Cricket Cricket Saim Ayubc Aamer Yamin b Waqas Maqsood8141057.14 Usman Shinwari201015.00 By Kunal Dhyani – February 21, 2021 Football Mohammad NabiNot out301423214.29 Waqas Maqsood2.202129.00 Qais Ahmad3043014.33 Tom Bantonc JM Clarke b IM Wasim5310166.67 Mohammad Nawaz201105.50 Sharjeel Khanlbw b M Hasnain4410100.00 QUETTA GLADIATORS- 121 all out (18.2 ovs) Imad Wasim403117.75 Karachi Kings (Playing XI): Babar Azam, Sharjeel Khan, Colin Ingram, Joe Clarke(w), Mohammad Nabi, Daniel Christian, Imad Wasim(c), Aamer Yamin, Waqas Maqsood, Mohammad Amir, Arshad Iqbal Chris Gaylec M Amir b DT Christian392442162.50 WTC Final Day 3 LIVE Score: Latham, Conway provide solid start- Tea Break; NZ 36/0 (21 ovs)- Follow Live Updates Share on Facebook Tweet on Twitter Daniel Christian201216.00 Football Babar Azam (WK)c S Ahmed b M Hasnain242030120.00 Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Yet To BatIM Wasim, M Amir, DT Christian, Aamer Yamin, Waqas Maqsood, Arshad Iqbal Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates Total126/3 (13.5) Ben Cuttingb Arshad Iqbal11132084.62 Qais Ahmadc JM Clarke b Waqas Maqsood161311123.08 Naseem Shah2023011.50 Ben Cutting0.5020024.00 BCCI to form committee to take call on compensating domestic cricketers by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoPhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndoKarachi Kings 126 for 3 (Clarke 46, Nabi 30*, Hasnain 2-18) beat Quetta Gladiators 121 (Gayle 39, Iqbal 3-16, Maqsood 2-21) by seven wicketsThe win was initially set up by the Kings bowlers – emerging player Arshad Iqbal took 3-16 punctured the Gladiators with regular wickets throughout the innings, and in the end, bowled them out for 121 in 18.2 overs. Despite of presence of Tom Banton, Sarfraz Ahmed and Chris Gayle as top 3 – Quetta batting felt flat. For champion Karachi Kings, Arshad Iqbal tool 3-16, and Waqas Masood picked 2/21.PSL 2021 – Karachi Kings beat Quetta Gladiators by 7 Wickets. TAGSKarachi KingsKK vs QG Fantasy TipsKK vs QG probable 11KK vs QS Dream 11Pakistan Super League Dream11PSLPSL 2021PSL Dream 11PSL2021PSL6Quetta Gladiators SHAREcenter_img Joe Clarkec Azam Khan b Usman Shinwari462363200.00 Football Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR PSL 2021: Karachi Kings start with a record win in Pakistan Super League, beat Quetta Gladiators by 7 wickets Mohammad Nawazrunout (DT Christian / Waqas Maqsood)380037.50 Arshad Iqbal411634.00 Extra10 (b 0, w 6, nb 0, lb 4) CricketPakistan Super LeaguePakistan Super League 2021SportSport News Quetta Gladiators (Playing XI): Chris Gayle, Tom Banton, Azam Khan, Saim Ayub, Ben Cutting, Sarfaraz Ahmed(w/c), Mohammad Nawaz, Mohammad Hasnain, Qais Ahmad, Naseem Shah, Usman Shinwari PSL 2021 – KK vs QS Playing XI: Total121/10 (18.2) Sarfraz Ahmed (WK/C)c JM Clarke b Aamer Yamin781087.50 Facebook Twitter Naseem ShahNot out140025.00 Extra5 (b 0, w 4, nb 0, lb 1) Formula 1 Freight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WAL BOWLINGOMRWECON Mohammad Hasnain401824.50 BatsmenRB4S6SSR Football BOWLINGOMRWECON Aamer Yamin2023111.50 Cricket Euro 2020, Italy vs Wales LIVE: Gareth Bale and Co face do-or-die clash; Italy eye third consecutive win; Follow Live Updates, Azam Khanc DT Christian b Arshad Iqbal171411121.43 Football Cricket Mohammad Amir401413.50 WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates Usman Shinwaric IM Wasim b M Amir04000.00 Mohammad Hasnainc JM Clarke b Arshad Iqbal451080.00 F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, Indialast_img read more