AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address North Carolina tribal betting bill heads to Governor Topics: Casino & games Legal & compliance Sports betting Tribal gaming Horse racing Regions: US North Carolina A bill to include sports betting in the list of Class III tribal gaming products is headed to the North Carolina Governor Roy Cooper after it was approved by the state’s House of Representatives. Senate Bill 154, finally went to a full House vote yesterday (July 15), after a reading scheduled for July 11 was delayed. It was approved by 90 Representatives, with 27 voting against. The bill, which was filed in February before stalling in a House committee after passing through the Senate in April, benefitted from the state’s legislative session being extended beyond July 1, to allow lawmakers to thrash out a budget deal.While the bill will bring sports betting to the state, it restricts it to tribal operators with existing Class III facilities, which currently only includes two venues operated by the Eastern Band of Cherokee Indians. Read the full story on iGB North America. Casino & games Subscribe to the iGaming newsletter A bill to include sports betting in the list of Class III tribal gaming products is headed to the North Carolina Governor Roy Cooper after it was approved by the state’s House of Representatives. Tags: Race Track and Racino 16th July 2019 | By contenteditor
10th December 2019 | By contenteditor Sazka Group to purchase Novomatic stake in Casinos Austria AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter Pan-European lottery and sports betting group Sazka Group has agreed a deal to acquire Novomatic Group’s 17.19% stake in Casinos Austria (CASAG). Topics: Casino & games Strategy Pan-European lottery and sports betting group Sazka Group has agreed a deal to acquire Novomatic Group’s 17.19% stake in Casinos Austria (CASAG).Though terms of the agreement have not been undisclosed, the deal will be subject to applicable regulatory conditions and notifications, as well as approval from other shareholders in CASAG.Sazka Group said it will ensure Österreichische Beteiligungs (ÖBAG), a body that manages public investments in companies that play a key role in Austria, will have representation on the CASAG supervisory and executive boards.Following the transaction, Novomatic will retain its 11% stake in Österreichische Lotterien, a subsidiary of CASAG.The operator has been jointly controlled by Novomatic and Sazka since 2016, when the pair agreed “a strategic partnership of equals” to manage both CASAG and Österreichische Lotterien. However, each partner admitted that this structure has not produced the anticipated results.“The previous ownership structure has not led to any satisfactory development of Casinos Austria, and as the smallest major shareholder, we have decided to sell our shares in order to give CASAG a clear and sustainable ownership structure so that the company can meet the long-term challenges of the national and international markets is prepared for global markets,” Novomatic chief executive Harald Neumann said.Sazka Group chief executive Robert Chvatal added: “We are convinced that this is the best solution for the company. We want to secure stable and positive development for CASAG in a long-term partnership between its two largest shareholders.“We are committed to working together with ÖBAG and the CASAG team to ensure sustainable development for the benefit of our customers, employees and business partners. We are prepared to focus on CASAG’s core business and bring innovation to market.”The acquisition comes at an uncertain time for Casinos Austria after last month Austria’s leading gambling trade group called for an end to its monopoly in light of the political scandal currently engulfing the operator.The Austrian Association for Betting and Gambling (OVWG) spoke out in response to an investigation into the relationship between Casinos Austria, its chief finance officer Peter Sidlo, who is also a Freedom Party of Austria (FPO) district councillor in Vienna, and Novomatic.It was claimed that Sidlo’s appointment was linked to licence awards in Vienna, but Sidlo and Novomatic deny any wrongdoing.Economic and Corruption Prosecutor’s Office (WKStA) officers had carried out further raids as part of their investigation following on from initial searches back in August.Casinos Austria has had a monopoly on casino operations in Austria since 2016, when three other operators had their licences revoked.Aside from Casinos Austria, Sazka Group recently upped its stake in OPAP to almost 40% after the completion of an offer period during which it attempted to acquire all the Greek operator’s outstanding shares.Sazka Group came to an agreement with around 7.25% of OPAP shareholders during the offer period, which concluded on 29 October. It owned around 33% of OPAP prior to the offer period having purchased a major stake in 2013 through venture Emma Delta when the operator was first privatised.In total it has agreed to acquire 23,323,179 shares at €9.12 – amounting to €212.7m (£178.9m/$235.7m). It had earmarked €2.06bn for the total outstanding shares. Casino & games Regions: Europe Western Europe Austria
While the remote sector had the largest overall GVA, at £3.8bn, retail betting shops made the largest direct contribution, at £1.1bn. As a result of this lower revenue and employment, BGC members’ GVA in 2020 is expected to be £1.1bn lower than 2019, at £1.5bn. The overall GVA is expected to decline to £6.2bn from £7.7bn. The BGC added that the pandemic has already led to closures of 374 betting shops and six casinos, and the loss of 5,000 jobs. Finance Breaking down this total, £2.6bn came directly from the operations of BGC members. A further £2.9bn was indirect, through demand these members created down the supply chain. Topics: Casino & games Finance Sports betting Regulation “As the standards body representing the regulated industry, the BGC fully supports the government’s Gambling Review plus the need for continued higher safer gambling standards and more change to regulation,” Dugher said. Looking at employment in more detail, BGC members employed 61,000 staff directly in 2019. EY noted that these members tend to be younger than in most industries. The report estimated members created another 44,000 indirect supply chain jobs and 14,000 jobs supported sector employees’ spending. The report also expected employment to reach 2019 levels in 2022 and to exceed this in 2023 with 63,000 people employed. With brick-and-mortar facilities closed for much of the past year, it anticipated retail betting revenue falling 45% to £1.6bn. Casino revenue is expected to fall by 70% to £300m, following several months of lockdowns. Revenue for London’s high-end casinos is expected to fall even further, by 75% to £39m. BGC members’ suppliers paid a further £700m in duties, while taxes from businesses supported by industry spending came to £600m. Breaking this down by region, GVA was highest in the North of England at £850m, followed by London at £730m. “However, it is vital that the government gets those changes right and does nothing to put at risk the futures jobs and tax take of a growing, world-leading British industry. Email Address BGC chief executive Michael Dugher said the importance of the sector on the economy was worth noting at a time when the nation’s finances had been severely impacted by the Covid-19 pandemic. EY added that the sector made an additional contribution to the economy via sport, including £70m spent on sponsorship and an estimated £97m through the horserace betting levy in 2019/20. It said the overall contribution of the sector on horseracing including sponsorship and advertising came to £350m. Looking at tax, BGC members were estimated to have paid a combined £3.2bn in 2019. Of this total, betting and gaming duties made up £1.6bn, while operators paid £1.5bn in other taxes. The remote sector paid the most taxes, at £1.8bn. The report added that employment in the industry is highest in the North of England, where 27% of retail betting and 43% of remote jobs are located. In addition, the report noted the gambling sector provides 61,000 jobs across the country, while contributing indirectly to a further 58,000 jobs. However, its contribution, both in financial and employment terms, is to fall in 2020, as a result of the novel coronavirus (Covid-19) pandemic. Regions: UK & Ireland The report then attempted to estimate the impact of Covid-19 on the revenue of each sector of the industry. It said remote revenue was likely to rise by 7% in 2020 to £5.9bn, largely due to substitution. Finally, £2.2bn was defined as induced, meaning it came from spending by those employed by BGC members. It anticipated that in 2023, overall gross gambling yield will be £11.1bn, up from £9.5bn in 2019. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “From hospitality to high streets, the betting and gaming industry makes a huge contribution to the UK economy,” BGC chair Brigid Simmonds said. “Casinos in London alone contribute £120m to the tourism sector, and look forward to being open once again. Looking further ahead, EY said it expected the market as a whole to recover in the longer term, but said retail betting revenue may stay below 2019 levels. The £7.7bn figure, comprises the contribution the industry adds to Britain’s gross domestic product (GDP) in 2019, known as its gross value added (GVA). 29th March 2021 | By Daniel O’Boyle The British gambling industry contributes £7.7bn to the country’s economy according to an Ernst & Young report commissioned by the Betting and Gaming Council (BGC). At this point, it expected remote betting revenue to be up 31% from 2019, casino revenue up 3% and high-end casino revenue up 20%. However, it said retail betting revenue was expected to remain 9% below 2019 levels. “At a time of economic fears and huge pressures on public finances caused by the Covid-19 pandemic, the huge contribution betting and gaming makes to UK plc could not be more important,” Dugher explained. EY noted that while the sector’s GVA came to 0.13% of Britain’s economy, it paid 0.4% of taxes. Subscribe to the iGaming newsletter Dugher added that, with the government’s review of the Gambling Act underway, it should keep the sector’s impact on the economy in mind. The report was based on data from the Gambling Commission, Office of National Statistics (ONS), the BGC, revenue data from Her Majesty’s Revenue and Customs. EY report: GB gambling contributed £7.7bn to economy in 2019 Tags: Betting and Gaming Council It said employment is expected to fall from 61,000 to 56,000, with the fall cushioned somewhat by the government’s furlough scheme. The sharpest drop is expected in high-end casinos, with employment expected to fall from 1,200 to 800. “The contribution made to the Treasury by the betting and gaming sector, its support for sport and the jobs they offer to young people, so many of them highly skilled, are absolutely vital, especially in these uncertain times.” The report noted that GVA per person at these supply chain jobs was especially high, due to high spend by BGC members in areas such as marketing.
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Rupert Hargreaves | Sunday, 2nd August, 2020 | More on: ULVR Enter Your Email Address Rupert Hargreaves owns shares in Unilever. The Motley Fool UK has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. This year, many FTSE 100 businesses have been forced to slash their shareholder distributions. Dividend cuts and deferrals of UK companies have now topped £30bn. This has left income investors with a large hole in their portfolios. However, there is at least one FTSE 100 dividend stock that has been able to avoid the carnage. FTSE 100 dividend stock to buy Unilever (LSE: ULVR) is one of the FTSE 100’s top income stocks. With a dividend yield of around 3.1% at present, the company does not offer the highest level of income in the FTSE 100. The average yield in the index is about 4%. Still, what the group lacks in yield it more than makes up for in sustainability. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As one of the world’s largest consumer goods companies, Unilever is a reasonably defensive business. Its recent trading update showed just how defensive the group’s operations are, especially in uncertain times.Underlying sales declined by 0.3% in the second quarter. That’s the first time in 14 years the FTSE 100 dividend stock has reported a decline in sales, but considering the impact coronavirus has had on the global economy, it’s highly impressive. Rising sales of cleaning products and ice cream helped the business offset declines in other areas. Sales of ice cream jumped 26% in the second quarter. This performance allowed management to keep the company’s dividend payout in place. Long-term strength Unilever’s performance over the past six months shows why the company is a champion FTSE 100 dividend stock, in my opinion. The group’s international operations and defensive product lines have helped it navigate the pandemic with relative ease. These advantages may also help the business prosper for many years to come. Unilever’s profitability means the company has plenty of cash to reinvest back into its operations. This implies that the corporation can continue to change with the times and meet changing consumer tastes. This could also be a positive for the company’s dividend growth. Thanks to rising profitability, the FTSE 100 dividend stock has been able to increase its annual payout to investors by a third over the past six years. As management continues to invest in the group’s growth, it seems highly likely this trend will continue. The bottom line The outlook for the global economy is highly uncertain at present. However, Unilever has shown over the past six months that the company has what it takes to navigate the storm successfully. This suggests that no matter what happens throughout the rest of 2020, the FTSE 100 dividend stock may continue to register a positive performance. What’s more, despite its recent performance, the stock is still trading nearly 20% below its all-time high reached in September 2019. This implies that the blue-chip income champion may offer a margin of safety at current levels.As such, now may be a good time to snap up a share of this FTSE 100 dividend stock.
About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 2 February 2008 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 14 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Meatball Sundae: Is Your Marketing Out of Sync?
By Gary Truitt – Apr 8, 2013 Senators Want Answers from EPA on Release of Private Information SHARE Facebook Twitter Previous articleRFA Submits Comments on Proposed 2013 RFS2 Volume RequirementsNext articleFFA Chapters Receive Grants To Help Fight Hunger Gary Truitt The Environmental Protection Agency has now heard from Senate Republicans on the Environment and Public Works Committee about the release of private personal and business information to environmental groups. In a letter to Acting EPA Administrator Bob Perciasepe – Committee Republicans said the inclusion of detailed information including the size of various cattle operations in several states, personal contact info and email addresses demonstrates a troubling disregard for the interests of both private citizens and competitive businesses. The EPA provided this information in response to a Freedom of Information request. According to the Senate letter – FOIA is meant to inform people about what the government is doing – not private citizens. The Senators wrote that EPA’s current application of FOIA represents the antithesis of a transparent government and an offensive abuse of agency discretion. The Senate Republicans asked the EPA to brief the Environment Committee about the release of the data by no later than April 18th. They also asked for answers to several questions in writing by the 18th – including what the agency is doing to prevent similar releases of private information. Last month – nearly 40 members of the U.S. House made a similar demand that the EPA reassess its FOIA policy. Source: NAFB News service Home Indiana Agriculture News Senators Want Answers from EPA on Release of Private Information SHARE Facebook Twitter
Two major college and career expos where students and their families can learn more about the prospects of college and university are happening in Pasadena Wednesday, September 30th — one sponsored by Pasadena City College and the other by the Pasadena Unified School District.Both events are free and open to the public.At Pasadena City College, Wednesday is University Day from 10 a.m. to 1 p.m. in the college’s Quad. More than 75 colleges and universities, including USC and UCLA, will have representatives there to discuss career directions, transfer opportunities, and financial aid. Students can learn more about majors, attend workshops and apply to guaranteed admissions programs during the event.Information booths from the University of California, California State, independent, and out-of-state colleges will be set up in the Quad area. Prior to the event, a “Transferring to USC” workshop will be held from 9 to 10 a.m. inside the Creveling Lounge, on the second floor of the PCC Campus Center.At University Day, students will also have the opportunity to meet with admission and outreach staff and departmental representatives from Pasadena City College.The other major event Wednesday is PUSD’s 2015 College Fair and Career Pathways Showcase at the Pasadena Convention Center on 300 E. Green Street, from 4 to 7 p.m.More than 100 public and private colleges, universities and trade schools will be represented at the showcase, and workshops on such topics as SAT versus ACT, Writing an Awesome Personal Statement and College Sports Recruiting 101 will run through the evening.Pasadena City College representatives, led by Alan De La Vara from the Office of Community and School Relations, will be at the expo to discuss PCC programs, services and admission procedures with high school students and parents.PUSD currently runs a dual enrollment program with PCC that allows students to graduate with a high school diploma and an Associate in Arts degree. More information on the program will be available at the expo.PUSD high school Pathway teachers and students will also share achievements and experiences in the district’s academies. PUSD currently offers 10 high school academies at five campuses – the Academy for Creative Industries; the App Academy (mobile, web and game development); Arts, Entertainment and Media; Business & Entrepreneurship; Career Exploration & Options; Creative Arts, Media & Design; Culinary Arts & Hospitality; Engineering & Environmental Science; Health Careers; and Law & Public Service. Students may apply to any of these academies during the district’s annual open enrollment that begins in January.For more information about the PUSD’s 2015 College Fair and Career Pathways Showcase, contact Sangeeta Morar at the PUSD, by email, [email protected], or call (626) 396-3600. Additional details are also available on the PUSD website, www.pusd.us/pages/pasadenausd.For the Pasadena City College University Day, additional information is available on the PCC website, www.pasadena.edu, or by calling (626) 585-7287.To RSVP for the PCC Creveling Lounge workshop, visit www.pasadena.edu/transfer. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Education Career Day/Future Plans for Students From STAFF REPORTS Published on Wednesday, September 30, 2015 | 11:24 am Make a comment Community News Name (required) Mail (required) (not be published) Website 0 commentsShareShareTweetSharePin it First Heatwave Expected Next Week Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Business News Community News Top of the News Subscribe More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. HerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeautyHerbeauty9 Of The Best Metabolism-Boosting Foods For Weight LossHerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty15 Beauty Secrets Only Indian Women KnowHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeauty