Standard Chartered profit up

first_img 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 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’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Wednesday 2 March 2011 4:09 am Tags: NULL whatsapp Asia-focussed Standard Chartered Bank earnings met expectations, reporting a 52 per cent rise in second-half net profit amid strong growth in emerging markets.The bank reported a net profit of $2.13bn (£1.31bn) for July-December, up from $1.4bn a year earlier.Standard Chartered is based in London but generates more than 80 per cent of its profit in Asia and other emerging markets. center_img Standard Chartered profit up 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Show Comments ▼ John Dunne whatsapplast_img read more

Dior to support Galliano labels despite outbursts

first_img whatsapp Sunday 6 March 2011 10:48 pm whatsapp Dior to support Galliano labels despite outbursts KCS-content FRENCH fashion house Dior yesterday said it planned to continue supporting the eponymous label of John Galliano, its star designer fired this week over alleged anti-Semitic remarks.Dior’s parting with Galliano, after an online video clip showed him expressing admiration for Adolf Hitler, had raised questions about the future of the John Galliano label, which is 92 per cent owned by Dior.“For the moment, the (John Galliano) business continues,” said Dior chief executive Sidney Toledano.“This is a business which has licences and tomorrow we will show the collection in the showrooms as usual… I am here to prove that business goes on… and to support the teams.” However, experts questioned the label’s long-term future. 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’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Tags: NULL Share Show Comments ▼last_img read more

JJB eyes £65m share issue to stave off debts

first_img Show Comments ▼ Share whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeReporter center[Photos] Gretchen Carlson And Her Partner Are Still TogetherReporter centerArticles StoneThese Women Have Inspired A Lot Of Women WorldwideArticles Stoneinvesting.comYou Probably Had No Idea Kris Wrote The Most Iconic Hits Of All Timeinvesting.comAbsolute HistoryA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserAbsolute HistoryBra & Panty Sets | Search AdsBrilliant Panty Sets (look)Bra & Panty Sets | Search Adshttps://twitways.com/Know What Will Happen to Your Body if You Eat 2 Bananas a Dayhttps://twitways.com/Mattress | Search AdsNew 2021 Mattress Prices Might Surprise YouMattress | Search AdsUlcerative Colitis | Search AdsCommon Signs Your Body is Fighting Ulcerative ColitisUlcerative Colitis | Search AdsHepatitis C | Search AdsDon’t Ignore Signs of Hepatitis C (May Alarm Many)Hepatitis C | Search Ads Sunday 13 March 2011 10:31 pmcenter_img JJB eyes £65m share issue to stave off debts DEBT ridden retailer JJB Sports is plotting a further £65m fundraising in an effort to reverse its recent financial woes.The Wigan-based firm will tomorrow announce details of a share offering to raise the cash, which is expected to come from existing investors.It will use the funds to give it working capital as it goes through a tough restructuring process.JJB’s five leading shareholders have agreed to the plan following talks, which comes within three months of a separate £31.5m share offering.Chairman Mike McTighe is spearheading the refinancing alongside his chief executive Keith Jones.He is thought to be considering plans to give directors shares in the company as he looks to turn the business around.JJB, which holds a £25m facility with the Bank of Scotland, has struggled under the pressure of its debts and faltering sales. The retailer needs cash to pay creditors, including landlords and shareholders, to support its second company voluntary arrangement in as many years.JJB suffered a blow last week after rival JD Sports walked away from a possible takeover. whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tags: NULLlast_img read more

Tesco profit up thanks to Asian markets

first_img whatsapp Tags: NULL whatsapp Tuesday 19 April 2011 2:26 am Tesco said it would step up innovation in a bid to improve its performance in a tough UK market, as it met forecasts with a rise in annual profit driven by Asian markets.New chief executive Phil Clarke, who took over from Terry Leahy last month, said on he was setting six objectives for the British supermarket group, including reviving flagging sales of general merchandise goods.“We didn’t achieve our planned growth in the year and this was only partly attributable to the deterioration in the consumer environment during the second half,” Clarke said of Tesco’s performance in Britain, where it makes over two-thirds of sales and profits.“We can do better and we are taking action in key areas – for example, to drive a faster rate of product innovation and to improve the sharpness of our communication to customers.”Tesco, which trails Carrefour and industry leader Wal-Mart by sales, posted a 12.3 per cent rise profit before tax and one-off items, but including property deals, of £3.8bns in the year to February. Tesco profit up thanks to Asian markets Share John Dunne Show Comments ▼ 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe 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 Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wraplast_img read more

Montana mulls legal sports wagering in new bill

first_img Topics: Legal & compliance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Lawmakers in Montana are to consider a new bill that would legalise land-based, online and mobile sports betting in the state. SB 330 is scheduled for a hearing in the Senate’s Business, Labour, and Economic Affairs Committee this week. 19th March 2019 | By contenteditor Subscribe to the iGaming newsletter Montana mulls legal sports wagering in new bill Regions: US Montana Email Address Legal & compliance Tags: Mobile Online Gambling Lawmakers in Montana are to consider a new bill that would legalise land-based, online and mobile sports betting in the state.SB 330, also known as the Montana Sports Betting Act, is scheduled for a hearing with the Senate’s Business, Labour, and Economic Affairs Committee on March 19.The bill sets out provisions for operators to offer an interactive sports wagering platform via a website or a mobile device to consumers located inside the premises of a licensed gambling facility.Licences would cost an initial $1,000 (£754/€880), while operators would also need to pay an annual renewal fee of $1,000. Sports wagering licences would expire on June 30 of each year.Operators that secure a licence would be permitted to work with a third-party in order to run a sports betting platform in the state. Such partnerships would be covered by an associated gambling business licence, which would permit the leasing of sports betting equipment, systems, or other items necessary to offer sports wagering.All licensed sportsbook operators would be subject to a tax rate of 8.5% of their adjusted gross betting receipts, less winnings paid and payments to the federal government as federal excise tax.For the privilege of conducting sports betting within the premises of a licensed gambling operator, a sportsbook operator would pay the venue 5% of the net sportsbook income derived from the premises. In addition, sportsbook operators would need to pay an annual fee of $100 for each kiosk place with a gambling operator.The bill also sets out measures related to the responsible advertising of betting-related products and content across all media, the development and deployment of responsible gambling resources for consumers, as well as the mandatory monitoring and reporting of suspicious betting activity.Montana joins eastern neighbours North Dakota and South Dakota among the many states that are weighing up sports betting regulation.A bill in North Dakota remains under consideration, but South Dakota looks set to miss out on sports wagering this year after lawmakers voted down an amendment that would have allowed for regulated sports wagering in the state.last_img read more

Marketing’s big evolution: Part 2

first_img Regions: Europe Nordics Sweden Topics: Casino & games Marketing & affiliates Sports betting In the second of a two-part interview, Kindred CMO Elen Barber discusses the changing tools, technologies and responsibilities of a marketing executive in the igaming industry.Read Part 1 here.There’s been a growing awareness in recent times that operators need to change their approach to marketing. Rather than bombarding players with offers, marketing should be used to build long-term, sustainable relationships with customers, says Barber.This can start with offering the best games and an optimum service. It can go further, she says, by highlighting the player protection controls in place, by making sure a player is aware that an operator will intervene should their gambling habits show signs of developing into problems.“[That] is what many gambling companies don’t do enough,” she says.Barber argues that without the right marketing, products, features and even safeguards can go unnoticed. “Even if you have the best product in the world, if you are not able to communicate it to the customers in the right language, the right way and the right channel, that product becomes useless.”Coming crackdown With scrutiny and criticism of the igaming marketing growing, she is very aware of the potential for new restrictions and controls. Indeed, already there are calls for a clampdown on advertising in Sweden, despite the regulated market being barely six months old.Barber says such calls are premature and points out that market launches are always accompanied by a race by licensees to carve out market share: “In the past it was just the monopoly and now there are more than 70 licensed operators in the market and they are doing exactly the same as the monopoly used to do.”Advertising, she says, will decline eventually, following this initial push. “[Operators] will really look at the efficiency of different channels to reassess their investment in the digital channels and above the line to see what is better for their customers.”She sees self-regulation as a potential cure for the industry’s ills. It’s up to the operators to identify what the issues are, how they plan to address them, then to work with their peers to ensure the rest of the sector shares these views.But she concedes there’s a limit to what can be achieved here. “We won’t be able to fight political decisions. But if it is something that we can influence by having better standards and following those standards, then we can make sure we can counter the policymakers with a strong framework that we all agree to follow.”Given the frequent backlashes against gambling advertising, coupled with the increasing effectiveness of digital marketing, it would be easy to wonder if the era of operators making a big splash with TV marketing was perhaps coming to an end.But Barber says she doesn’t believe this is the case: “Channels such as pay-per-click (PPC) will always stay on the bottom of the conversion channel. Above the line, TV and radio, will stay on top of it because they bring more brand awareness.”Shifting marketing landscape That’s not to say digital marketing doesn’t have a role to play. “It is very important to have the right media mix,” Barber says. “You can’t just focus on one channel. Each channel, whether it is TV or print or affiliate advertising, has its own role in the conversion funnel.“You need to make sure you utilise every single channel properly, understanding what level of investment is required in each channel to get the best return.”Barber, who has been at Kindred nine years and has worked her way up through various marketing roles, says she is also keen to get in early on new trends taking hold outside gambling.For example, she was quick to spot the value of programmatic advertising in its early days. “When programmatic advertising was just a talking point, I was the person to say Kindred needed to invest in it,” she says. “We were the first gambling company to create an in-house programmatic team.“We realised that if we wanted to do it properly, we wouldn’t be able to do it through any of the agencies because the data we had was an advantage. So we had to do it in-house.”Barber admits that staying on top of all the new developments in marketing technology is a challenge. “If you look at the current market landscape, there are over 7,000 big companies out there providing marketing services and the CMO role is to be on top of everything and understand how all these technologies and systems integrate with each other.”But for her the challenge is made easier by marketing having such a prominent position at Kindred.“If you look at not just gambling industries but all industries out there, then usually the CMO is a part of commercial, so you don’t really have your own seat at the executive table,” she says. “It is more about how you serve the commercial department. This is completely different to what we’ve done at Kindred. Marketing is a big standalone organisation working hand-in-hand with the commercial team.” Subscribe to the iGaming newsletter In the second of a two-part interview, Kindred CMO Elen Barber discusses the changing tools, technologies and responsibilities of a marketing executive in the igaming industry Casino & games Email Address Tags: Mobile Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing’s big evolution: Part 2 3rd July 2019 | By Joanne Christielast_img read more

Wynn pens Indiana and Colorado sportsbook deals with Full House

first_img Tags: Mobile Online Gambling US casino operator Wynn Resorts has agreed two deals with Full House Resorts to roll out online and mobile sports wagering services in Indiana and Colorado. Wynn brokered both agreements through its WSI US subsidiary, the primary operating company for its interactive gaming and sports wagering business. Further details of the two agreements were not disclosed, but Full House said the new deals mean that it has now utilised all of its permitted sports wagering opportunities in both Indiana and Colorado. Full House operates Bronco Billy’s Casino and Hotel in Colorado and Rising Star Casino Resort in Indiana, while Wynn Resorts has land-based properties in both Nevada and Massachusetts.Read the full story on iGB North America. Subscribe to the iGaming newsletter Topics: Sports betting Sports betting Email Address 18th October 2019 | By contenteditor Regions: US Colorado Indiana Wynn pens Indiana and Colorado sportsbook deals with Full House US casino operator Wynn Resorts has agreed two deals with Full House Resorts to roll out online and mobile sports wagering services in Indiana and Colorado. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Norway’s NBO attacks TV ad ban plans

first_img News that the Norwegian government has moved to finally close the loophole allowing offshore operators to advertise in the country has been greeted with dismay by the trade association representing these companies, Norsk Bransjeforening for Onlinespill (NBO).However, NBO Secretary General Carl Fredrik Stenstrøm added, while it was disappointing, it was not surprising. He argued in favour of a shift to a more liberal regulator model as opposed to attempting to maintain a monopoly for gambling.“[It is] disappointing that the authorities do not recognise the development we see in other countries where a license model has been implemented – where accountability is at the centre,”  Stenstrøm said.It was announced late in February that the Norwegian government is to table amendments to the Broadcasting Act. This will allow the Norwegian Media Authority to order Norwegian TV distributors and internet providers to prevent marketing by offshore operators.Currently the Broadcasting Act’s jurisdiction only extends to TV stations in Norway, rather than those broadcasting into the country from other countries. For years unlicensed operators have used this to promote their products in the country, despite state-owned Norsk Tipping and Norsk Rikstoto being the country’s only licensed operators.Stenstrøm said rather than attempting to crack down on offshore activity, Norway should instead work towards developing a new regulatory model to regulate private operators.He pointed out that today only Norway and Finland maintained monopolies over gambling in the European Union.“If you are able to defend a monopoly, it is on the grounds of consumer protection,” he said. “According to [Norwegian regulator] Lotteri-og stiftelsestilsynet, there are 250,000 Norwegians using my members’ services outside Norway. We know there are more – but let’s say 250,000.“It [would] be much better to give these players good tools to be able to regulate their gambling through [a self-exclusion system].“In Sweden, 48,000 have already used this service after 12 months, a success for those who want to limit their gambling and a success for public health,” he said.However, a report by Olso Economics on behalf of the Norwegian Sports Federation and addiction treatment body ExtraStiftelsen Health and Rehabilitation warned against opening up the market to private operators.Published in August last year, the report claimed that this move could see players shift from the state-operated, low-risk lottery products to higher risk verticals such as online casino. Furthermore, it said, as activity moved from the state-owned sites to private operators, there could be a significant reduction in funding for good causes.NBO current counts Betsson, Kindred Group, Cherry’s ComeOn and Gaming Innovation Group as members. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 9th March 2020 | By contenteditor Email Address Norway’s NBO attacks TV ad ban plans Legal & compliance Subscribe to the iGaming newsletter Tags: Mobile Online Gambling News that the Norwegian government has moved to finally close the loophole allowing offshore operators to advertise in the country has been greeted with dismay by the trade association representing these companies, Norsk Bransjeforening for Onlinespill (NBO). Regions: Europe Nordics Norway Topics: Legal & compliance Marketing & affiliateslast_img read more

UK greyhound racing prepares for June return

first_img Greyhound racing is set to return in the UK from 1 June, with betting content provider and racetrack operator Sports Information Services (SIS) preparing to offer coverage of events across eight tracks.The Greyhound Board of Great Britain (GBGB) has set out a five-phase approach for the resumption of racing, with phase one – comprising trial meetings behind closed doors – successfully completed on 23 May.This comes after a two month shut-down, that began when the UK went into lockdown as a result of novel coronavirus (Covid-19) from 23 March.This clears the way for phase two, which will see racing return behind closed doors. Each fixture will be limited to a maximum of ten fixtures with a minimum 30 minutes’ gap between races.For this phase, SIS will return with coverage 42 fixtures across its eight greyhound tracks per week, as well as reintroducing its service at Towcester. The fixtures will be spaced throughout the day, with two in the morning; two in the afternoon; and two in the evening, to offer digital customers a broad range of betting opportunities.“Our UK tracks have been undergoing trials for the last week and will continue through this week to ensure that all racing greyhounds will have completed at least two trials before racing resumes on 1 June,” SIS product director Paul Witten said.“We’re very pleased to see a return to racing and would like to pay thanks to our tracks who have been very supportive of these new measures.”Should phase two go without any hitch, phase three will see the maximum number of races increased to 12, with a minimum 25 minutes between each race. Phase four will then see no limit on the number of races, with a gap of twenty minutes between races, before the fifth and final phase sees a return to normality.Witten added that SIS was liaising with the Irish Greyhound Board, and that the supplier was confident it would be able to extend its service to include fixtures from the country later in June.It comes after Covid-19 effectively forced SIS into “hibernation”, with the shut-down of all retail services leading to a significant number of staff being furloughed. The business continued to supply operators with online content, however.The supplier was also hit by the suspension of British racing from 18 March, though that is also set to return from 1 June. Tags: OTB and Betting Shops Race Track and Racino Subscribe to the iGaming newsletter Email Address Horse racing 28th May 2020 | By contenteditor Topics: Sports betting Horse racing Greyhound racing is set to return in the UK from 1 June, with betting content provider and racetrack operator Sports Information Services (SIS) preparing to offer coverage of events across eight tracks. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter UK greyhound racing prepares for June return Regions: UK & Irelandlast_img read more

Digitain to provide sportsbook technology to Russia’s Pin-Up

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Product & technology Topics: Sports betting Product & technology Sportsbook Platform “Digitain looks forward to developing a very long and beneficial partnership.” Sportsbook and igaming software supplier Digitain has agreed a deal to provide its sportsbook solution to licensed Russian operator Pin-Up. 13th October 2020 | By Conor Mulheir Subscribe to the iGaming newsletter Regions: Central and Eastern Europe Russia Digitain to provide sportsbook technology to Russia’s Pin-Up The introduction of interactive betting legislation in 2014 established a legal basis for online bookmaking. The legal status of the interactive bet was confirmed in 2019, and the system is now fully operational. Chief operating officer of Pin-Up, Vladimir Gorev, added: “We’re delighted to partner with Digitain and feel sure that integrating their fully featured sports betting offering will be warmly welcomed by all our customers”. Edmond Ghulyan, Digitain’s head of sportsbook development, said: “This is an exciting deal for us – Pin-Up is fantastic new partner with two sportsbooks, one for Russian customers and the other has an international focus, and combined has over 100,000 active customers.” Email Address The environment for online gambling in Russia has been liberalising in recent years, moving from a system of regulation allowing only for land-based casinos to one which allows online bookmakers to legally offer their products. Tags: Digitain Pin-Up Russialast_img read more