August 2020

Barbados heading for financial crisis  – former PM

first_imgOwen Arthur Former Barbados Prime Minister Owen Arthur says he is concerned that the island’s Central Bank could soon be running out of foreign reserves and that the island is headed for a serious financial crisis.Arthur, an economist, who served as prime minister from 1994 to 2008, said the reserves at the bank have fallen from BDS$1.5 billion to BDS$600 million and that the Freundel Stuart government has three months to get its act together to avert a total collapse of the economy.Arthur, a former finance minister, also said that the bad policy of printing money to cover government’s deficit over the past few years is partly responsible for the country’s current economic situation.He said measures such as project funding and privatization geared to boost the economy have not worked and that the government has exhausted its ability to borrow from local banks, the National Insurance scheme and on foreign markets thereby running out of options to support the foreign reserves.last_img read more

Jamaica’s Fedrick wins Rome Diamond League discus event

first_imgJamaican discus and Commonwealth Games champion Fedrick Dacres, 24, won the men’s discus throw on Friday, May 31 at the Rome Diamond League in Italy with a throw of 68.51m. He was the only Jamaican winner at the met.This was the second win for Dacres this week as he also won at the Turnov Ludvik Danek memorial in the Czech Republic on May 29 with a throw of 68.35 metersOn Friday, Dacres had throws of 66.69m, 68.51m, 65.68m, 64.99m, 66.37m and 67.01m and won ahead of Andrius Gudzius of Lithuania with 68.17m. Iran’s Ehsan Hadadi was third with 65.93m.Dacres, the 2018 Commonwealth Games champion who also has the world-leading mark of 69.83m, and three of the top seven distances, was pleased with his performance.Other Jamaican athletes did not fare nearly as well. Shericka Jackson finished sixth in the 200m in 23.14 in a race won by Marie-Josee Ta Lou of the Ivory Coast in 22.49. Veteran Ivet lalova-Collio of Bulgaria was second in 22.64.Commonwealth Games 400m hurdles champion Janieve Russell was second in 54.08 in a non-Diamond League event on the program. Georganne Moline of the US won in a season’s best 53.97, with American Olympic champion Dalilah Muhammad third in 54.65.Jamaica’s 2015 World champion Danielle Williams was second in the women’s 100m hurdles in 12.82. American Shericka Nelvis won in 12.76 with Nigeria’s Tobi Amusan third in 12.86. In form American Brianna McNeal crashed out.Jamaica’s Commonwealth Games champion Aisha Praught achieved her season’s best in the 3,000m steeplechase, clocking 9:19.33 minutes for eighth spot. It was just outside her personal best and national record of 9:19.29. Hyvin Kiyeng of Kenya won in 9:04.96 minutes.Stephenie-Ann McPherson was second in the women’s 400m, clocking a season’s best 50.69 behind winner Salwa Eid Naser of Bahrain in 50.51. American Jaide Stepter was third in 51.47.And, Tajay Gayle leapt 8.17m for fifth in the men’s long jump won by Luvo Manyonga of South Africa with 8.58m. Cuba’s Juan Echevarria was second with 8.53m. South Africa, showing great depth in the jumps, was third courtesy of Rushahl Samaai with 8.34m.last_img read more

The traditional Caribbean wedding cake

first_imgThe black cake is the traditional wedding cake across  much of the Caribbean. The black cake made its way to the Caribbean via England, with the recipe spreading across the region and being customized within each country, to its people’s liking. Today, this cake is called by several different names, including Christmas cake, fruit cake, black cake, and sometimes even a rum cake. During the colonial days the recipe spread through the West Indies causing each island to customize their own version of the Black Cake.This same cake is also used for several occasions in the Caribbean, and is the cake of choice for weddings,  Christmas gatherings and New Years celebrations. As a matter of fact, during the Christmas season, these cakes can be found in many people’s homes ready to be nibbled on by the household and visitors alike. The distinctly fruity and rum-filled aroma cake while it is being baked, it a typical fixture of the Caribbean Christmas. For wedding purposes, the cake can last up to six months, as it is both baked with rum, and sprinkled with rum once it has left the oven. This serves as a tasty preservative. The black cake has a dense texture, dark brown color, and a rich flavor. It’s appearance is close to that of a chocolate cake, with a dark color that comes from its main ingredients of dried fruits, soaked in rum and local wine. These fruits include prunes, currants, raisins, and cherries, which are all chopped and soaked for months, or even years, before baking. This fruity concoction is added to batter with flavorings and spices, to make the perfect cake for any Caribbean occasion.For many across the Caribbean, if the black is used for a wedding, the bottom tier of the cake is cut by the bride and groom, and shared with the guests, while the top tier is put in the freezer to celebrate the couple’s first anniversary. In some countries it is believed that, on the wedding night, a sliver of the second tier of the cake should be placed under the bride and groom’s pillow, in order to guarantee conception.last_img read more

Broward County Transit Awarded $17 Million Federal Grant

first_imgPLANTATION, FL – Broward County Transit (BCT) has been awarded a $17 million grant from the Federal Transit Administration (FTA) under its Grants for Buses and Bus Facilities program. The grant is part of $423 million in transit infrastructure grants awarded nationwide. BCT was one of only six transit agencies across the country to receive the maximum award of $17 million under this program.The funds will be used to rehabilitate and reconstruct several outdated buildings at BCT’s Copans Road Operations and Maintenance Facility.  In addition, money will be used to develop infrastructure to support battery-electric buses and other support vehicles.  The project will also build a state-of-the-art training and education center that will allow BCT to educate and train its current and future workforce.BCT will use the $17 million grant toward the total project cost, estimated at $51 million. The additional cost will be covered by Transportation Surtax revenue.“The rehabilitation and reconstruction of the Copans Road Operations and Maintenance Facility will directly improve fleet reliability with the introduction of new technologies and modernized maintenance equipment, which will, in turn, contribute to a more cost-effective and reliable bus fleet. These improvements, in addition to a well-trained, growing workforce, will enable BCT to offer improved services to our residents and visitors,” said Broward County Transportation Director Chris Walton.The project will play an important role in BCT’s objectives to maintain its facilities, provide cost-effective and reliable service, and support the expansion and improvement of Broward County’s public transportation system.last_img read more

English FA Announces Bid For UEFA EURO 2021 Hosting

first_imgEngland were eliminated by the host and eventual winners, Netherlands, in the semi-final of the just concluded 2017 UEFA Women’s EURO Tournament. The Football Association has announced its decision to bid for the hosting of the 2021 UEFA European Women’s Championship.The hosting right will be awarded by 2018, as bidding nations prepare their case to UEFA this September. Relatedlast_img

New Muscle… Pinnacle launches B2B platform

first_img Malta & Curacao-licensed online bookmaker Pinnacle has expanded its corporate services launching its B2B ‘Pinnacle Solution’ sports betting platform technology.Pinnacle one of the industry’s oldest online bookmakers, seeks to leverage its in-house technology development capabilities combined with its market trading acumen to deliver an ‘unrivalled sportsbook service’ for its B2B customers.For its initial launch, the Pinnacle Solution will offer a website API and turnkey solution. Furthermore, the Pinnacle Solution will offer optimised trading services for esports.Pinnacle management states that its B2B platform will look to exploit the firm’s understanding of low-margin sportsbook trading, which has set the legacy bookmaker apart from its market competitors.Updating the industry, Pinnacle Chief Executive Paris Smith commented on the launch of the firm’s B2B arm;“After 20 successful years in the gaming industry, the launch of our B2B platform is the start of another exciting chapter in the history of Pinnacle,”“We’re known for risk management and eSports, and now others in the industry can benefit from our expertise instead of trying to compete with them.”Pinnacle Chief Operating Officer Jane Guan backed Smith’s comments adding: “The potential for growth with Pinnacle Solution is something everyone within Pinnacle is really excited about. Our reputation in the industry shows that we have an outstanding product and we can’t wait to start delivering these solutions to the market.” Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Share Danske Spil calls for esports makeover with Pinnacle Solution August 25, 2020 StumbleUpon Related Articles Submit Sharelast_img read more

Jonathon Hurst: Kambi – Meeting the Full Service Demands of Russia 2018

first_imgShare StumbleUpon Jonathon Hurst – Kambi GroupRussia 2018 is the most challenging World Cup for all industry stakeholders, having to meet instant consumer demands across all verticals, whilst tackling changes in football and viewer disruption.Jonathon Hurst Head of Live Football at Kambi Group Plc, tells SBC why effective UX combined and new immersive in-play betting options have been put at the front of Kambi’s Russia 2018 plans…_______________One of the basic rules of bookmaking is that if someone has a particular view on a match or situation then we, as bookmakers, should try and provide them with an opportunity to place a bet on it. It’s one of the reasons why, for instance, we’ve seen such an expansion in the number of pre-match markets in recent years.However, as players continue to transition to in-play betting – approximately two-thirds of our football turnover is generated after the first whistle – the ability to satisfy hardening or changing player opinions during a game is key to increasing engagement and improving retention.This is even starker during the football World Cup, where players often watch games in groups and share opinions. For instance, who hasn’t watched a penalty shoot-out among friends and predicted that the approaching penalty taker would blaze the ball high over the bar? Or called a player to confidently tuck the ball into the net, ala Kevin Keegan for David Batty’s failed spot-kick in ’98.Hitting the SpotTherefore, providing players with a comprehensive yet relevant in-play offer is crucial to UX, which is why we continue to focus on this area at Kambi. We have a proud history of developing new and exciting bet offers that enable the player to put their money where their mouth is, and I’m glad to say Kambi will be building on this once again for this year’s World Cup.In relation to my penalty example above, Kambi has developed a new penalty model which will, among other things, allow players to bet on the outcome of the next penalty. So if you think a penalty taker looks a rabbit caught in the headlights, you can bet on them to miss the target. Or, alternatively, if a goalkeeper is an expert from 12 yards, you can bet on the kick to be saved.There will also be a number of other penalty-related markets available right throughout a shoot-out, as we look to give the player an increased number of exciting betting opportunities during what is the most dramatic phase of a match. On top of this, the new offering will be complemented by a new penalty visualisation product, which will enhance the experience for those not sat in front of a TV.Betting on ControversyAnother area which generates much discussion in football is that of the Video Assistant Referee (VAR). Depending on who you are talking to, VAR either improves the game or turns it into a farce. Therefore, it’s likely to be one of the biggest talking points of the tournament this summer, which is why we’re aiming to be at the front of the market for bet offer quality and quantity.Of course, other operators and suppliers will likely follow suit so it will be interesting to see the range of markets on offer by the time the first game kicks off on 14 June. We think we have the balance right with our selection of bets in terms of relevance and the ability to settle immediately – for example, any offers related to the duration of VAR referrals may throw up issues relating to settlement, something we’d rather avoid.Our markets will include an over/under line for the number of VAR referrals during a match and in each half, a yes/no market on whether VAR will be used and, the one which we are most excited about, a market on what type of incident the next VAR referral will be used for – goal, penalty, red card, etc. We believe these VAR markets demonstrate just how flexible Kambi’s in-play offer can be – with our traders updating these live and reacting to how FIFA and the referees handle and communicate these controversial incidents.Underpinning these in-play markets will, as always, be the delivery. It is imperative markets are available to bet and not subject to overly restrictive countdown times – that it’s fully conducive to the instinct-driven betting you often see from customers betting in-play. As a bettor myself, there’s nothing more frustrating than being unable to place bets due to overly long live delays or markets frequently on suspend.Complex Delivery Being able to deliver on this UX promise is no easy feat, which is why so many fall short of the required standards. Market availability requires a supply chain able to deliver on all levels, beginning with the integration of official data partners, to proven algorithms which process the data, followed by excellence in trading and risk, all delivered through a fast and intuitive frontend. Only when these elements are working in perfect harmony can an operator begin to deliver a best-in-class service.Through our blend of trading expertise and automation, we are able to keep markets open for longer, even during potentially decisive moments during a match, such as a dangerous free-kick or even a penalty. And it’s by focusing on this type of product enhancement, rather than trying to reinvent the wheel, which enables us to improve player retention and maximise turnover for both us and our customers.So as we kick-off Russia 2018, we’re confident Kambi customers will receive a market-leading in-play service, one which when coupled with our unrivalled pre-match offer will ensure their players have all they need to enjoy an exciting and engaging World Cup experience from the opening match right through to the final._______________Jonathan Hurst – Head of Live Football – Kambi Group Plc Share Related Articles Submit Kambi and DraftKings agree on final closure terms July 24, 2020 Simon Noy, Kambi: Revolutionising the bet builder July 20, 2020 Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020last_img read more

Betano.com “not afraid of competition” following German entry

first_img Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 Share Aligning your brand with a particular sport or team is widely recognised as a hugely effective way to drive fresh interest amongst a potentially huge audience, bringing with it a plethora of benefits along the way.As part of a concerted effort within the recently entered German market, sports betting provider Betano.com, launched a little over two years ago by online betting operator Stoiximan, recently inked a deal to become a premier partner of Bundesliga outfit VfB Stuttgart.Forming one part of its wider marketing strategy, SBC News caught up with Panos Konstantopoulos, chief marketing officer of Stoiximan and Betano.com, to discuss the significance of the deal, opportunities brought by the “king of sports” as opposed to others and the importance of staying ahead of the game.SBC News: Why did Betano chose to enter this partnership with VfB Stuttgart? What opportunities does/will this bring?Panos Konstantopoulos: We have signed a three-year sponsorship agreement with VfB Stuttgart, this indicates our commitment to VFB Stuttgart and to German football in general. It is a very important step for Betano.com, as it establishes a solid link with the fans of one of the Bundesliga’s most prominent clubs. VfB Stuttgart is listed among the top 30 teams in Europe and is one of the 10 largest sports clubs in Germany. The significance of this partnership is not only linked with our presence in one of the world’s most popular leagues, but it is also linked to Betano’s presence and support to the local community through the implementation of several actions that are planned.“Football is the ‘king of sports’ in Europe and it represents a significant share of our betting service”SBC: What opportunities does football provide for Betano as opposed to other sports? And why was the Bundesliga deemed to be the perfect fit and not one of the other European leagues?PK: Our actions are not limited only to football. Betano and its sister brand Stoiximan, have a strong presence in other sport groups as well, in all of the countries we operate; such as basketball, water polo, handball in team sports as well as track and field, cycling, gymnastics and even windsurfing on an athlete level. However, football is the ‘king of sports’ in Europe and it represents a significant share of our betting services. The Bundesliga is one of the top championships in Europe with a huge attendance both in the stadiums as well as on TV, and we are excited to be able to be associated with it. It is a great opportunity and a great challenge at the same time.SBC: How do you leverage your brand presence at sporting events, on shirts etc… into engaging and retaining customers? PK: It’s not the same for every market.  In new markets these kinds of sponsorships are useful for the introduction of the brand and are mainly brand awareness tools and are drivers to a faster top of mind awareness. In other markets that we already have strong presence, sponsorships work as a proof of the brand’s status. In markets that we are market leaders, such as Greece, sponsorships work as a tool demonstrating the company’s support to local sports and communities. Customers are always happy to see a company supporting their team of preference but let’s be clear; it’s the level of professionalism, the quality of our product and of our customer service throughout the players’ game journey that maintains existing customers loyal to our brand, and which attracts new customers too.“We are not afraid of competition, on the contrary we are confident of our product offering”SBC: Why is entering relationships such as this with VfB Stuttgart so crucial? Is it necessary to try to stay ahead/gain a competitive advantage?PK: It is an important step following our recent entry in the German market. It’s also a testament that we are here to stay, a testament of our commitment to German football and to German sports. We are not afraid of competition, on the contrary we are confident of our product offering. The agreement with VfB underlines our strong commitment to a long-term action plan, and our commitment to being an integral and dynamic part of our new ‘home’.SBC: Are further deals such as this, an option for Betano in the future? Are they a useful tool to support expansion?PK: Following our sponsorship agreement with VfB we are happy to announce our sponsorship agreement regarding a very popular sport in Germany, Handball.  Following an agreement with the European Handball Federation, Betano will be the official betting sponsor in the German territory, for the EHF Champions League and the EHF Final 4 that will be held in Cologne in the coming season (2018-2019). We are also in negotiations regarding a potential sponsorship agreement with another historic football club, but you will allow me not to disclose more info at the moment. We have a solid marketing plan and sponsorships are only one part of this plan. StumbleUpon Related Articles MoneyMatrix boosts wire transfer options by integrating Klarna’s Sofort August 24, 2020 Mateusz Juroszek – Non-stop STS will expand amid industry disruptions August 12, 2020 Share Submitlast_img read more

Paddy Power – Bookmakers face ‘toughest call’ on Mercury Music Prize 2018

first_img Paddy Power raises awareness of Missing People with Motherwell ‘silhouette’ stand August 7, 2020 Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 Related Articles This week’s announcement by the British Phonographic Industry (BPI) of the twelve UK contemporary music albums competing for the ‘2018 Mercury Music Prize’ has perplexed UK bookmakers.The annual music and songwriting prize aims to reward the best album released by a British or Irish recording artist/band. The Mercury Prize’s history is littered with upsets, however, its 2018 edition maybe the hardest ever to call.Making this year’s Mercury shortlist, are four of the UK’s most successful contemporary recording artists in; Noel Gallagher’s High Flying Birds, Lilly Allen, The Arctic Monkeys and Florence & The Machine.  Nevertheless, featuring a closed judging panel which selects its winner on the night, the Mercury Prize does not favour artist album sales or recognised names, leading to much controversy.Lee Price – Paddy PowerSpeaking to SBC, Lee Price Head of PR for Paddy Power details that the bookmaker has placed London Jazz band Sons of Kemet’s ‘Your Queen is a Reptile’ and Tyneside post-pink singer Nadine Shah’s ‘Holiday Destination’ as 5/1 early Mercury Prize favourites.“This is a wide open betting event with joint-favourites at 5/1 (Sons of Kemet & Nadine Shah). This implies both of them have something in the region of a 16% chance of winning the award, reflecting how close it is” Price details.“Sons of Kemet is the only jazz genre representative and, as such, would be a bit of an unknown quantity. That, coupled with the underlying story that the album is a tribute to “nine remarkable black women” and their efforts to create a jazz masterpiece, would also be factored into their favourable pricing.”Despite the fact that the bigger names, will likely attract the market’s interest and wagers, Price details that Paddy Power will stick to its guns.At present, the bookmaker has priced Noel Gallagher, Lilly Allen, the Arctics and Florence, jointly at 8/1“It’s always a difficult award to predict given the range of genres covered and also the spectrum across which the entrants are generated – for example, you can end up with debut albums (e.g. Everything is Recorded this year) going up against well-established names. Part of the Mercury Prize’s shtick is being unpredictable. Which is great, just not for bookies.”Paddy Power – Mercury Music Prize 2018 Odds Submit Share Share StumbleUpon Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown July 29, 2020last_img read more

H5G to emulate US social casino success through BtoBet deal

first_imgShare Related Articles StumbleUpon Submit BtoBet refines African SMS payment options with Tola Mobile  August 20, 2020 BtoBet grows Nigerian presence with Booster99 deal August 26, 2020 BtoBet grows LatAm portfolio with GlobalBet deal August 12, 2020 Share US-based social casino High 5 Games (H5G) will present its players with targeted real money online content after securing a new partnership with BtoBet.H5G, which holds a strong presence in the social casino space with over 17 million downloads worldwide, will use BtoBet – and specifically the firm’s Neuron Gaming platform – to boost its footprint in the real money online casino arena in 2019.The Neuron Gaming platform – the key component of the BtoBet Games division – provides strong customisation and highly flexible features to maximise brand differentiation for its clients.BtoBet said that the “robust and advanced” technologies that constitute the core of the platform will enable H5G to present their legion of players with a wide variety of content tailored according to their preferences, based on an evolved segmentation system. It means that BtoBet will increase their presence in the mature European online casino market, while putting H5G in position to emulate its social casino success from across the pond.Anthony Singer, Founder and CEO of H5G, said: “We’re proud to expand our presence as a dynamic global online betting operator into new territories with a trusted platform partner like BtoBet.  Our culture and goals are well aligned to gain valuable market share in established European markets and emerging global territories.”BtoBet Chairman and CEO Alessandro Fried added: “We are excited to embark on this journey with H5G. For us to team with such a strong and established company is testimony to our continuously renewed quest to deliver technological excellence to our partners. “H5G fully embraces our vision to succeed through innovation, and I am confident that the collaboration brought about by this partnership will not only be a successful story but will eventually further evolve to seize any future opportunities that the market will present.”last_img read more