August 2020

first_imgAndrew Holness Jamaica’s Prime Minister Andrew Holness has praised Grenada’s fiscal discipline as it implements a  home-grown structural adjustment programme with the support of the International Monetary Fund (IMF).Holness , addressing the convention of the ruling New National Party on Sunday, said that reducing the debt to gross domestic product (GDP) ratio from 108 to 72 per cent in three years is a feat that has to be commended.“From what I have read, and what has been reported, the fiscal discipline of your government has been exemplary.The Jamaican leader said it is never easy for any country to go through a structural reform of its economy but encouraged Grenada not to give up on those reforms.“For our economies, small island developing states, to survive in this changing world, our economies have to be more  efficient, they have to be more robust, they have to be more diverse, they have to be more resilient, and they have to be growing and growing and growing.”He said the economic growth is “not just for the big people, they have to grow for the little people as well because economic growth starts at the root and the benefit of economic growth is that people must get jobs.”last_img read more

first_imgOn Saturday July 21 Miami-Dade County Commissioner Jean Monestime, accompanied by State Senator Daphne Campbel participated in a ceremony naming a portion of State Road 7 in North Dade in honor of former Miami-Dade Police Director Robert “Bobby” Parker. The ceremony took place at the corner of NW 7th Avenue and 151st Street.State Road 7 between Northwest 155th Lane and 151st Street has been co-designated as the Robert “Bobby” L. Parker, Sr., Memorial Highway. Parker joined the Miami-Dade Police Department in 1976. He rose through the ranks over the years to become the department’s first African American director in 2004, serving until his retirement in 2009. He died on July 22, 2015. “Bobby Parker honorably served the Miami-Dade Police Department and his community for 33 distinguished years, and he is well worthy of being honored by this street naming,” said Commissioner Monestime, who sponsored the resolution supporting the street naming, which was originally proposed by Sen. Campbell, who shepherded the proposal through the State Senate before its approval last month by the County Commission.last_img read more

first_imgBASSETERRE, ST KITTS, SAINT KITTS AND NEVIS – SEPTEMBER 10: In this handout image provided by CPL T20, Fabian Allen of St Kitts and Nevis Patriots celebrates hitting the winning runs during the Hero Caribbean Premier League match between St Kitts Nevis Patriots and Jamaica Tallawahs at Warner Park Sporting Complex on September 10, 2019 in Basseterre, St Kitts, Saint Kitts and Nevis. (Photo by Ashley Allen – CPL T20/CPL T20 via Getty Images ) BASSETERRE, St Kitts, CMC – Veteran Chris Gayle slammed his 22nd Twenty20 hundred but Evin Lewis unleashed the fastest-ever half-century in Caribbean Premier League history, as St Kitts and Patriots completed the highest-ever run chase in franchise cricket, to stun Jamaica Tallawahs by four wickets on Tuesday night.In pursuit of a CPL record 242 at Warner Park, Patriots were propelled by Lewis’s 53 off 18 balls and a top score of 71 off 40 deliveries from fellow opener Devon Thomas, to reach their target still with seven balls to spare in a breathtaking exhibition of batting.Englishman Laurie Evans chipped in with 41, West Indies all-rounder Fabian Allen struck an unbeaten 37 off 15 balls while Shamarh Brooks lashed a cameo 27 also off just 15 balls.The result was still in the balance with Patriots on 188 for five after 15 overs but the hosts swiftly gathered 54 runs from the next 23 deliveries, Allen hitting the winning runs when he top-edged a short ball from pacer Andre Russell to the fine leg boundary.The victory was the first of the campaign for Patriots after losing their opening two encounters but the result kept Tallawahs winless in two outings.Gayle had bossed the first half of the encounter, belting a sensational 116 off 62 balls to propel the visitors to 241 for four off their 20 overs – the highest-ever total in CPL history.He lost partner Glenn Phillips for eight after they were sent in, but then put on a spectacular 162 for the second wicket with fellow Jamaican Chadwick Walton whose whirlwind 73 came from a mere 36 balls.The left-handed Gayle punched seven fours and 10 sixes – mostly leg-side strokes – while Walton lashed three fours and eight sixes.Gayle took 17 runs from the game’s first over from left-arm spinner Allen but even so, his first fifty was not particularly swift, requiring 36 deliveries.However, he upped the tempo considerably and his next fifty needed only 18 deliveries as he completed three figures in the 17th over with a couple to deep mid-wicket off seamer Rayad Emrit.Gayle, who turns 40 later this month, is just 48 runs shy of 13 000 runs in T20s.Walton, meanwhile, reached his half-century off 25 deliveries in the 12th over with two sixes in three balls off fast bowler Alzarri Joseph (2-39) before eventually perishing in the 18th, taken at long on by captain Carlos Brathwaite for the second of his four catches.Gayle’s innings finally ended off the first ball of the final over when he holed out to long on off Allen, who finished with two for 30 from two expensive overs.Needing to make history in order to overhaul their target, Patriots were handed a rollicking start by Thomas and Lewis who pummelled 85 off just 33 deliveries for the first wicket.Thomas smashed eight fours and three sixes, en route to his second straight half-century off 30 balls while Lewis blasted three fours and half-dozen sixes.The left-handed Lewis reached his landmark off a record 17 balls with a top-edged boundary to fine leg off Russell but was out the very next ball, gloving a catch behind in the sixth over.Evans joined Thomas to keep the run rate ticking along at nearly 15 runs an over, in a second wicket partnership worth 76 off 39 balls.Fast bowler Oshane Thomas, who claimed four for 53, got the breakthrough when he had Evans caught at cover, and then snatched three wickets in the 14th over to trigger a slide that saw four wickets tumble for 16 runs in the space of 14 balls.With their run chase now in danger at 177 for five in the 14th over, Patriots were bailed out by a daring 50-run, sixth wicket partnership between Allen and Brooks, putting the game back in the hosts’ favour.Allen struck five fours and two sixes while Brooks counted three fours and a six. By the time Russell bowled Brooks with a slower ball at the start of the penultimate over, the equation was a simple one for Patriots and Allen finished off with aplomb.last_img read more

first_imgKINGSTON, Jamaica – Reggae Girlz star player Khadija “Bunny” Shaw has been named among the 100 best female football players in the world.On the annual list published by British newspaper, The Guardian, Bunny Shaw was ranked at number 80 and is the only Caribbean national to be featured.The 22-year-old has had an impressive 2019 season, which began when she contributed to Caribbean history, being part of the first Caribbean team to ever qualify for the FIFA Women’s World Cup this summer.“There was plenty of talk about Shaw being the exciting new talent going into the World Cup and, while Jamaica struggled in a tough group, Shaw’s talent was evident. She scored four goals in two games during Jamaica’s warm-up friendlies and since going professional in Division 1 Féminine with Bordeaux, Shaw has rarely looked back”, The Guardian wrote about Shaw.The Jamaica Football Federation (JFF) also extended congratulations to the player, who now plays for French professional club Bordeaux.“The JFF commends this outstanding athlete; footballer; woman and Jamaican brand representative par excellence,” the federation said in a release.Some of Shaw’s achievements include scoring nine goals in 10 games to date for Bordeaux, which is currently the second-highest at the women’s professional club level.She is also the all-time leading goal scorer for Jamaica (male or female). This October during the Caribbean leg of the Women’s Olympic Qualifiers, she also became the youngest female player to achieve 40 goals for her national team.It is not the first time that Shaw is being acknowledged by The Guardian. In 2018, Shaw was named as The Guardian’s Footballer of the Year, having been awarded for setting an exceptional sporting example.last_img read more

first_imgChelsea Football Club has agreed a transfer deal with Real Madrid for the signing of Alvaro Morata.The deal, which is reportedly about £60m is now subject to personal terms and a medical, with the 24-year-old striker expected to sign a 5-year contract. Morata told Marca on Wednesday night: “I’m not disappointed about anything, I’ve won four titles here, but now I only think of putting on the Chelsea shirt,”“I am very happy, God willing, tomorrow I will be at Chelsea, a club that has always wanted me,”“I want to grow up, if I didn’t I wouldn’t have left. I’d like to thank Zidane and wish him luck for the upcoming season.” Chelsea turned their attention to Morata after missing out on Romelu Lukaku to Manchester United, the Spaniard becomes Chelsea’s fourth signing of this transfer window following the switch of midfielder Tiemoue Bakayoko, defender Antonio Rudiger and goalkeeper Willy Caballero to Stamford Bridge.Morata, who featured predominantly from the bench for Real Madrid last season, scored 20 goals for the Los Blancos en route winning the La Liga and the Champions League titles.Relatedlast_img read more

first_imgLong before the likes of Lionel Messi and Cristiano Ronaldo, there was Pelé. And though he retired as far back as 1977, his name is known all over the world. Even those born after he reigned supreme acknowledge him as one of the greatest footballers of all time.As Pelé turns 77 years old today, here are 7 things you probably didn’t know about the Brazilian legend.He was named after the inventor of the light bulb.Pelé’s real name is Edson Arantes do Nascimento, named after Thomas Edison, the inventor of the light bulb. He was teased by a classmate after his mispronunciation of the name of the Brazilian goalkeeper, Bilé, as Pelé.  He hated the name so much that he punched the classmate in the face, but the name stuck.He is an official National treasure.In 1961, the Brazilian government has declared Pelé as an official national treasure to prevent foreign clubs from snapping him up. He signed for Santos FC when he was 15 years old and spent 19 seasons playing for the club before spending the last two years of his career at the New York Cosmos.His presence caused a 48-hour ceasefire during the Nigerian civil war.On an African tour with Santos in 1967, the two factions involved in the Nigerian Civil War agreed to a 48-hour ceasefire so they could watch Pelé play an exhibition game in Lagos.Opponents got his shirt after each match.When Pele played for the New York Cosmos, so many of his opponents were desperate to swap shirts with him that the club had to give each of their opponents a shirt after every match. He is the only player to win three World Cups.Pele is the only player to have won three World Cup winners’ medals. He became the youngest ever winner of a World Cup at 17 in 1958, scoring twice in the final against home side Sweden. He won again in 1962 and 1970.He wasn’t a fan of diving and penalties.Pele was did not like diving. He once said: “A penalty is a cowardly way to score.”He has seven children from four different women.Pele fathered two daughters and a son with his first wife, Rosemeri dos Reis Cholbi who he married in 1966. He also had another daughter in an extramarital affair in 1968 with journalist Lenita Kurtz. It was discovered that he had fathered a daughter from an affair with housemaid Anizia Machado in 1964 but never acknowledged the child. He divorced his first wife in 1982 and married psychologist and gospel singer, Assíria Lemos Seixas in 1994. They had twins together before getting divorced in 2008. He got married for a third time in 2016 to Marcia Cibele Aoki.Happy 77th birthday, Pelé! Absolute legend!Relatedlast_img read more

first_img Submit Fredrik BurvallUpdating the market, the governance of Cherry Gaming AB (Cherry) has informed that Fredrik Burvall has stepped down as Chief Executive Officer due to family reasons. Cherry AB has moved to appoint Anders Holmgren as ‘interim CEO’ until Burvall’s replacement is found.Burvall departs Cherry following ten years’ leadership service, having acted as CEO and CFO of the company. Updating investors, Cherry governance stated that Burvall would maintain an advisory position within the company until summer 2017.Burvall has played a significant role in leading Cherry AB’s expansion strategy which has seen the company become a the leading multi-vertical operator within the European igaming sector.Commenting on the leadership update, Rolf Åkerlind, Chairman of the Board, thanked Burvall for his service: “Fredrik Burvall has been CEO during a busy period when the company has expanded rapidly and been very successful. During the last two years, Cherry’s turnover has grown 137 percent and the company has completed seven acquisitions. It has been a period which has required a heavy workload, in particular from Fredrik. I am extremely grateful for the dedication and hard work Fredrik has given the company.”Cherry governance stated that executive search firms had been contacted to begin the recruitment process for Burvall’s replacement.Fredrik Burvall commented on his departure as Cherry leader “I am extremely proud of having been part of the development of the company which has led to a revaluation of Cherry as a company. Cherry is today well positioned for the future with five strong business areas all with strong management teams. Although I will continue with Cherry until the summer, I would like take this opportunity to say thank you to all colleagues and the Board of Directors for our time together, with best wishes for continued success in the future.” ComeOn rebrands to reflect company set-up January 16, 2020 Cherry AB delivers excellent final statement as a Stockholm enterprise February 13, 2019 Share StumbleUpon Related Articles Share ComeOn withdraws all brands from UK market September 2, 2019last_img read more

first_img Belgian Pro League live betting streaming deal for Stats Perform August 21, 2020 Submit Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 Share StumbleUpon Related Articles Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column.Belgium and Australia: Fiscal-regulatory policy – The house doesn’t always winGambling operators have been on the wrong side of global fiscal-regulatory developments with alarming regulatory of late; but trends are there to be bucked. This week, the Kindred-led challenge of Belgium’s application of VAT to online (adding an effective 17% to an 11% regional GGR tax) was upheld in domestic (Constitutional) courts. Complex and multi-layered tax policies can cause material market distortions (from high turnover taxes to the application of input VAT on only domestic businesses in the UK and elsewhere) and are more the rule than the exception. Therefore, Kindred’s victory should be seen as a rare blow for clarity and common sense against over-bureaucratic and typically self-defeating policy.The yin to Belgium’s yang was Australia’s proposal to ban betting on all lottery products, including international draws (shortly after reinforcing bans on online in-play and gaming). This was a long time in the lobbying and is a more stringent example of the UK’s Euromillions position. The fungibility of lottery betting and underlying play is moot (there is a basic common-sense overlap, there is also likely to be material divergence in critical heavy user cohorts); the enormous difference in relative tax take is not.Governments the world over are grappling with a simple, inevitable and remorseless (in both senses) problem: offshore digital businesses are much harder to tax than domestic landbased ones (half fixed in Belgium by landbased licensing criteria, although likely causing more problems than it solves in this case; Australia’s fix is emerging state POC regimes), and the economic direction of travel is obvious. This is not a gambling specific problem, but gambling monopolies have been the ultimate in tax collection (often c.50% of revenue, including hypothecated good cause and sport contributions, regardless of the products covered by the monopoly), while remote gambling companies have been some of the most adept tax-avoiders within the digital economy (among very broad and diverse company). Policy-makers are therefore left with three choices from a gambling-specific point of view – all in different ways unpalatable. First, they could choose to oversee an expansion of gambling to plug the tax hole: since this would have to be c.2-3x on a like-for-like basis, this is a big task regardless of the potential for moral panic. Second, they can aim for higher online taxes to mitigate the impact (vide Belgium’s 11%: half the headline rate of VAT and no federal position; the unsatisfactory opposite of Australia’s federal 10% GST but historically no provincial position). This can be effective but the risk of poor channelling is high (especially if the taxes are mechanically ill-considered). Finally, they can simply try to reinforce the monopolies as much as possible and kick the can down the road. The political attractiveness of this solution is as obvious as the problems for commercial gambling operators and potentially for customers.The only way remote operators can hope to mitigate this very serious medium-term fiscal-regulatory threat, in our view, is to demonstrate that: a) they have issues with bad tax policy, but not paying sensible rates of tax per se; and b) that they are safe places for citizens to gamble. The problem for the industry’s burgeoning risk register is that far too many operators have been woefully bad at demonstrating either.UK: Regulation – Gambling Commission reaches for remote controlThe future regulatory landscape for remote gambling in Britain moved into sharper focus this week with yet another announcement from the Gambling Commission. Having shown a bit of ankle in its advice to the DCMS last week, the regulator lifted the hem a bit further in announcing four areas of regulatory tightening and giving notice that greater scrutiny could be expected in other areas too.The first two issues highlighted in the Commission’s ‘Review of Online Gambling’ related to customer verification and due diligence. The regulator clearly intends to require operators to verify a customer’s age prior to the commencement of gambling (including free-to-play games) rather than within 72 hours of deposit. This change is long overdue (indeed, it was one of the neglected recommendations from the Budd Report in 2001) and closes the gap between remote and landbased regulation. There is also an expectation that greater customer due diligence (rather than simply age verification) will take place prior to gambling and that gambling may need to be restricted while assurance is pending.The Commission used its review to remind operators that it was also consulting on changes to marketing (in the light of the joint investigation with the CMA); and that it would issue new guidelines in order to beef up customer intervention procedures.In addition to these well-flagged issues, the Commission has identified a number of aspects of remote gambling that it considers in need of further investigation. It will seek to assess the effectiveness of responsible gambling measures (where there is often a gap between the hyperbole of PR and the real world); risk ratings of particular products and features; the protection of customer funds and dormant account charges in particular; the anomalous (compared with landbased licensing) practice of permitting gambling by credit card; and account withdrawal processes (as highlighted by both the CMA investigation and by Jonathan Parke in his review of online gambling last year).The regulatory environment is clearly constricting for both landbased and remote operators. It was always likely that there would be a leavening at some point – and for a while there may have been a chance of mutually beneficial harmonisation. For now, that prospect appears to have disappeared. The instinct for operators may be to push back on the Commission’s proposals – but it will be in their own interests to first consider why the regulator feels the need to pursue these changes and work out which (if any) of them are actually unreasonable.There may be a chance to divert the course of regulatory change – but this will require operators to come up with better solutions than the Commission is advocating in order to achieve better outcomes on licensing objectives. For a long time, the regulator has been prepared to allow operators to take the initiative. Ironically, patience appears to be running out at precisely the time that operators are being most active in this area. Thus, while the Commission may feel entirely in becoming more assertive, it will need to balance this against the need to maintain an enterprising (rather than merely compliant) approach to responsible operation.UK: In Parliament – Harris bombs onCarolyn Harris is a persistent soul. This week, the Labour Member of Parliament for Swansea East piled in another seven Parliamentary Questions on FOBTs and other gambling matters. Harris, who is running for Deputy Leader of the Welsh Labour Party probed on the extent of ministerial engagement with betting firms on the one hand and faith groups on the other; money laundering in gambling; the accuracy of KPMG’s ‘Scarlet Pimpernel’ report for the ABB; and the effect of stake reduction on B2s of reducing the maximum stake to £2 a spin.This last PQ coincided neatly with the publication of a new report from the Centre for Economics and Business Research which estimated that problem gambling in relation to FOBTs resulted in costs to the public purse of “£116m in hospital inpatient visits, £32m in mental health services and £16m through criminal behaviour”. The Cebr report was funded by bacta whose antipathy towards the FOBT is no secret – and illustrates the threat to gambling companies as the focus of public policy shifts from problem gambling prevalence rates to harm and cost. We can expect more reports like this in the future – and not all of them will be aimed at the betting shop operators.Elsewhere, Lucian Berger (Lab, Wavertree) returned to the theme of problem gambling and health services. Berger tried to bring attention to this issue some years ago when serving as shadow minister for mental health – largely without success. In the current environment – and with her own party running a review of gambling and mental health – she is likely to encounter a warmer response this time around. Meanwhile Thelma Walker (Lab, Colne Valley) pushed the Government on plans to enforce the 9pm watershed for gambling adverts. This time around at least she seems destined to be disappointed.UK: Regulation – Sorry seems to be the simplest wordThis week, it was the turn of Sky Betting & Gaming to receive a “spanking” from the Gambling Commission for licensing failures. The Leeds-based operator agreed a £750,000 punitive settlement (rounded up to just north of £1m after dispersal of ill-gotten gains) with the regulator for both allowing excluded customers to set up new accounts, for continuing to market to excluded customers and for failing to return funds to excluded customers.The sanction appeared to confirm that there is a market rate for self-exclusion breaches online. SBG coughed up around £600 per customer, which is broadly consistent with the amount that 888 paid under similar circumstances (though applied to around ten times as many customers) last year.The £50,000 sanction for failure to return funds to excluded customers may appear the harshest element of the package given that on average, SBG held on to an average of just £1.41 per customer (and no amounts above £4 were involved). It is questionable how much harm occurred as a result of this – but the company took its medicine without complaint. Indeed, in the statement from the company’s chief executive there was that rarest of events in gambling – an apology.In recent times, we have seen a number of CEOs humbled by regulatory naming and shaming. There are very few major operators who have escaped the process – but expressions of remorse have often been qualified.Flint’s comment that the company “could and should have made it harder for self-excluded customers to open duplicate accounts with us and for that we are sorry” is an important component of rebuilding trust – and an example to regulator and regulated alike.USA: Sports – what’s the catch?One of the more controversial on-field issues in American sport has been addressed this week, as the NFL’s 32 teams voted unanimously to approve changes to the ‘catch’ rule. The previous rule required the player to retain control of the ball while going to ground, a process that often isn’t immediate, therefore allowing a window of time between when a catch seems to be complete, and when it is ruled so. The new rule simply requires two feet, or another body part, to be on the ground while the player is in control of the ball, followed by another “football move” – the NFL has provided a list of examples.The two main objectives of this change seem likely to be achieved: first, reducing the number of instances of touchdowns being ruled ‘good’ on the field, only to be overturned through replay; and second, simplifying the rules for the fans. The possibly unintended (but not entirely negative) consequence will be an increase in the number of fumbles and in consequence, defensive touchdowns.From a betting point of view, this change may be a small headache for those operators using fully automated models (with the probability of completion and fumble both increasing). However, with traders able to quickly judge the result of every play, we may see improvements to market up-time, an important step for growth of the product, both within Europe and potentially the US.Global: Cricket – What do you get if you put a piece of sandpaper down your trousers?Cricket Australia (CA) has acted swiftly to ban its men’s team captain, Steve Smith, and vice-captain, David Warner, from international cricket for one year each, and opening batsman Cameron Bancroft for nine months, in the wake of the ball tampering scandal which emerged last week. Both Smith and Bancroft have been suspended from captaining Australia for at least two years, while Warner has been told he will not be considered for any team leadership positions in the future. Each player will also undertake 100 hours of voluntary service in community cricket. The sanctions imposed by CA are swift and meaningful (some say harsh) and send a strong message. Interestingly, the ICC had already given Smith the maximum penalty it could under its Code of Conduct – effectively a one match ban and a fine of 100% of his match fee.  Bancroft received slightly less (perhaps due to some recognition that he was the player apparently asked to field with a piece of sandpaper down his trousers), while Warner was not sanctioned by the world governing body.Also this week, a Zimbabwean cricket official was banned for 20 years by the ICC for approaching the Zimbabwean captain in a match-fixing attempt. There is a (logical) general consensus that match-fixing is more serious than cheating to win. However, given the widespread condemnation across the game (and beyond) for the way these Australian players have acted, and the differences between the ICC’s and CA’s approaches to sanctioning them, we wonder whether the ICC has sufficient tools in its enforcement armoury to adequately address all issues which affect the integrity and reputation of the game.UK: Sports integrity – Red faces and green backsUK punters (or some generous bookmakers) were left out of pocket this week as the result of a miscalled photo finish at Kempton racecourse. While costly and embarrassing, mistakes happen and it is difficult to see a better solution than the occasional red face and empty satchel (the cost of effective insurance is likely to be prohibitive). This status quo for the UK and the vast majority of countries recognises that while betting and sport are very closely entwined, especially from an integrity perspective, participation is at respective industries’ own risk.This could change if a significant transfer of value were to occur from betting operators to sport specifically for the purposes of integrity. Something should never be for nothing and while an integrity fee which in theory further protects the sport (and therefore also bookmakers and customers) from integrity issues might suit some, it won’t stop mistakes happening, nor is it likely to be what many stakeholders had in mind when they first saw the dollar signs. Sharelast_img read more

first_img Scientific Games bolsters virtuals portfolio with Legends Racing addition July 29, 2020 The yearly media rights revenues received by the 37 British racecourses affiliated to Racecourse Media Group (RMG), have increased by 9%  from the previous year to £93.1million.These payments, which are paid via licence fees and dividends, were derived from: Turf TV – betting shop service provider to licensed betting offices (LBOs), Racing UK (multi-platform subscription channel), digital (bet-to-view streams), GBI Racing (international TV betting and pictures service), International (non-betting TV sales overseas) and terrestrial TV (ITV agreement).Simon Ellen, Chairman of RMG, commented: “RMG produced another very strong performance across all its businesses in 2017, resulting in £93.1m being paid to our 37 racecourses, a £7.6m increase on 2016’s payments.“In 2017, we welcomed Leicester, Stratford and Taunton racecourses to RMG. The fixtures they bring across both codes have further improved the scope and number of meetings broadcast by our direct-to-home (DTH) channel, Racing UK.“2017 also marked the last full year’s trading of our LBO business Turf TV. The creation of Turf TV just over 10 years ago underlines what can be achieved through collective enterprise and ownership of content and was a game-changer for betting shop broadcasting. I would like to add my thanks to the team, past and present, who have made a major contribution at Turf TV.“The revenues generated from 2017 enabled our racecourses to increase executive and sponsorship contribution to prize-money by £4.2m to £53.8m, an 8% increase on 2016.”He added: “These revenues could not be generated without the successful businesses of our racecourses, and the tremendous support they offer RMG. We are delighted to have completed agreements with 34 racecourses, so far, for their media and data rights with RMG through to the end of 2023. The racecourses’ collective ethos underpins the RMG business and we aspire to deliver further improvement to those courses in the years ahead.“There is much to look forward to, especially for our members, when racing from all 26 Irish racecourses, plus Chelmsford City, joins the Racing UK output in 2019. The content set is of the highest quality and, for the first time, the full narratives of the British and Irish seasons can be told on one definitive horseracing channel.”The end of the Turf TV business on April 1 heralded the start of RMG’s new LBO agreement with SIS, which distributes audio-visual and data content from RMG’s racecourses into nearly 10,000 betting shops in the UK and Ireland.The new arrangement provides additional economic benefits to both parties over the five years of the contract and is an important element of a wider collaboration with SIS. In February, RMG extended its relationship to encompass DTH and streaming rights to all 26 Irish racecourses, plus Chelmsford City in the UK, from 2018.That news was announced on the back of the two organisations partnering to encompass international pool betting and fixed odds rights (including retail and online). The partnership with ATR that underpins the GBI Racing relationship will end on the expiry of the current term in December 2018 and from that point RMG’s content will be broadcast internationally in conjunction with SIS. Submit Share ITV Racing begins contract renegotiations with UK Racing  May 21, 2020 Richard FitzGerald steps down as RMG CEO August 6, 2020 Related Articles Share StumbleUponlast_img read more

first_img Share StumbleUpon Related Articles Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 Share MansionBet adds Bristol City to sponsorship portfolio August 20, 2020 Submit Betway and Dafabet grow La Liga sponsorship portfolios August 14, 2020 Malta-licensed online bookmaker ManBetX continues to expand its coverage within European football, confirming that it has secured a three-year multi-million € deal with Spain’s La Liga.Beginning season 2018/19, ManBetX will become the official ‘La Liga Betting Partner for Asia’.The partnership will see ManBetX promoted throughout La Liga’s Asian market broadcasts of Spanish football’s top two divisions (La Liga and Liga 2).Confirming the partnership Gregory Bolle Head of International Marketing at La Liga, backed ManBetX as new Asian market partner,  a territory in which  La Liga has significantly grown its audience.“Asia is one of our fastest growing markets, so this partnership will help us engage once more with millions of Asian LaLiga fans. In fact, due to the exceptional sporting results of LaLiga clubs on the European scene, Spanish football continues to be the ultimate reference worldwide and it is logical that LaLiga partner up with a leading and ambitious brand such as ManBetX,”One of the newer faces in European online betting, ManBetX began its football sponsorship activities in June 2017, becoming the shirt sponsor of South London Premier League side, Crystal Palace FC.In its update, ManBetX marketing detailed that it had secured its biggest and most prestigious sponsorship to date, agreeing terms with La Liga.ManBetX’s Spain spokesperson, Luis Álvarez-Cervela said: “Our company has become one of the principle betting companies around the world…our deal with LaLiga will help to expand not only the football competition’s brand in Asia, but it will also grow the brand of ManBetX.”last_img read more