Faith leaders urge DHS Secretary to extend TPS to Haitians in…

first_imgThousands of Haitians are in danger of being deported from the US Over 400 faith leaders and representatives from various organizations on Tuesday sent a letter to Secretary of the Department of Homeland Security (DHS), John Kelly urging him to extend the Temporary Protected Status (TPS) for Haitians, for at least 18 months.The plea follows reports that the DHS is considering ending TPS for approximately 50,000 Haitians by January 2018 despite the fact that Haiti is still struggling to recover from the devastating earthquake of 2010.In the aftermath of the quake, thousands o Haitians were granted TPS, which permits them to live and work in the United States.“Extending Haitian TPS is in the national interest, as Haitian TPS holders are a self-sufficient and industrious segment of the U.S. economy and are providing invaluable economic support to family members still in Haiti, preventing further destabilization of the country. Allowing Haitian TPS holders to remain safely in the U.S. until Haiti is sufficiently stable honors our closely-held moral, religious, and American values to stand for the human rights and dignity of all people, here and abroad. TPS should be extended. To do otherwise would be inconsistent with our values of hospitality, generosity, and compassion,” wrote the 416 faith leaders and organizations.The plea will also be extended to President Donald Trump as members of the Congressional Black Caucus are scheduled to write a letter that will also call for the predesignation of TPS to permit more Haitians living in the US to receive protection even as the Haiti struggles to recover fully.last_img read more

Caribbean police commissioners meeting in Jamaica

first_imgCaribbean police commissioners began a four-day meeting in Jamaica on Monday discussing the implication of crime on the growth and development of the region.The Caribbean Commissioners of Police (ACCP) conference is being held under the theme: ‘An Integrated Approach Against Serious and Organized Crime – Implications for Regional Growth and Development’.Assistant Superintendent of Police (ASP), Dahlia Garrick, said the four-day event is being attended by officials from 25-member countries as well as Ministers of National Security and Tourism, and social development agencies.“There will be discussions about the challenges and priority matters related to securing the Caribbean, and the implications crime has on the growth and development of this country and others,” she said, adding that delegates would be discussing items such as community policing, gun violence, firearms trafficking in the Caribbean as well as difficulties in prosecuting gang cases and the emerging technologies and their impact on law enforcement.Garrick said that in regional cooperation, the ACCP seeks to combat criminal activities, such as narcotics, terrorism and organized crime.“It also focuses on how to improve the exchange of information in criminal investigations, the sharing of common services across the region to strengthen local efforts, which may include training, forensic analysis and research to effectively manage law enforcement agencies,” she said.last_img read more

Kingston named “Nearshore City” of the year

first_imgThe city of Kingston has been named the Nearshore City of the Year for its performance in business process outsourcing (BPO).The city received this accolade at the recent Nexus Illuminate Awards, hosted by Nearshore Americas in the United States, to recognize the leading outsourcing companies and countries in the Caribbean and Latin America for their innovation and excellent performance.President of Jamaica Promotions Corporation (JAMPRO), Diane Edwards, in an interview with the Jamaica Information Service (JIS), said Kingston copped the award for the rapid growth in the outsourcing sector in 2017, which included 5,000 new jobs created by existing and new BPO players.Kingston has also seen more than US$22 million in investment over the last 12 months on new construction and refurbishing of existing properties to meet the demands of the growing industry.These developments have propelled Kingston to becoming the fastest-growing city in the Caribbean for outsourcing.“This is a huge accolade for the city and a tribute to some of the top names in BPO, who have made their home in Kingston.”Edwards noted that the city is on a growth trajectory, with more investments and jobs in outsourcing on the horizon.last_img read more

Luckia Spain commits to NYX gaming systems extension

first_imgShare Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 Submit Related Articles StumbleUpon Share Andrea Vota – Jdigital’s challenge of Spanish restrictions is led by logic and rationale August 13, 2020 Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 Continuing to reshape its digital overhaul, Spanish gambling operator Grupo EGASA has confirmed that subsidiary Luckia (luckia.es) has renewed its online gaming services partnership with NYX Gaming Group (NYX) platform system provisions for a further seven years.The partnership extension will see Luckia’s Spanish online casino provisions serviced by NYX group’s ‘Open Gaming’ and ‘Open Platform’ system provisions.  In addition to NYX system provisions, Luckia will gain full access to MGA Games inventory for its Spanish market casino and bingo servicesEGASA is Spain’s third-largest gambling operator, which seeks to expand its services online. Last November EGASA detailed that ‘Luckia Spain’ would upgrade its sports betting platform to SBTech provisions, as the company began its digital overhaul.NYX governance further detailed that should EGASA or Luckia seek to expands its digital services in South America, NYX will act as its main software provider.David Flynn Chief Commercial Officer at NYX was pleased to further NYX’s Spanish market client commitment, commenting “Having gained significant share in numerous markets, Luckia is one of the fastest growing groups in the Spanish gaming market. Their hard work has resulted in commercial success and has been recognised with several prestigious awards in Spain.“NYX OGS and OPS will be an integral part of Luckia’s future success. Through our partnership, they will be working with one of the world’s most flexible gaming platforms and responsive teams in the online gaming market.”Marcelo Ruiz Gálvez, Chief Operating Officer, Luckia Games, commented: “NYX’s vision, commitment, and professionalism, combined with its products and solutions, allows Luckia to enhance our value proposition to our customers. The integration presents many advantages, and the outstanding capabilities and functionalities of NYX OGS and OPS will help us to achieve our ambitions in the gambling industry.”last_img read more

LeoVegas returns to profit in Q1 2017

first_img Submit Esports Entertainment bolsters tournament capacity by acquiring EGL August 27, 2020 Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Share Gustaf HagmanCompleting its first full year as a Nordic Nasdaq-listed enterprise, LeoVegas Group AB has recorded strong organic growth within its product verticals as the company seeks to expand its footprint beyond its home markets of Scandinavia.Presenting its Q1 2017 financial update (period ending 31 March), LeoVegas would announce a corporate revenue lift of 49% to €44 million (Q1 2016: 29.5 million).Updating investors, LeoVegas governance was pleased to reveal that 18.3% of its group revenues had been generated by regulated market activity.The mobile-first operator revealed a significant increase in new depositing customers of +75,000 for the period, which supported its verticals high player activity of +170,000 active players.Closing its Q1 2017 performance, LeoVegas would report a ‘return to black’ on its corporate earnings performance, recording EBITDA of €6 million (Q1 2016: -€1.3 million) combined with operating profit of €5.5 million (Q1 2016: – €1.6 million).Gustaf Hagman, Group CEO and co-founder commented on Q1 performance“In the first quarter, we started scaling our marketing efforts to continue to drive growth. In the second quarter, we expect our marketing to revenue ratio to be slightly higher than in the first quarter as we see positive return on investment on many new marketing efforts as well as opportunities to try new marketing channels that have the potential to scale up in the future.”“We continue to actively evaluate acquisition opportunities, and with a cash position of more than EUR 60 m, we have resources to carry out additional strategic acquisitions going forward. In summary, the first quarter was stable and represents yet another step on the path to our financial targets of EUR 300 m in revenue and a 15% margin by 2018” Related Articles Share Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 StumbleUponlast_img read more

Bookmaker Ratings gives detailed breakdown of Russian betting market numbers

first_img StumbleUpon Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off July 31, 2020 Submit Share Fonbet builds betting experience through ‘Alice’ voice assistant July 7, 2020 Share Industry affiliate Bookmaker Ratings has issued a detailed breakdown and analysis of the current state of play for the Russian betting sector.Partnering with Russian market research company Romir, Bookmaker Ratings estimates the Russian betting sector to be worth around the RUB 677 billion mark circa $11 billion at current exchange rate value.The affiliate details that Russian betting is currently divided into two markets, representing traditional land-based betting vs new online licensed/unlicensed enterprises.In the case of land-based betting, Bookmaker Ratings details that Russia’s six licensed bookmakers who service approximately 7000 betting points are worth approximately RUB 255 billion ($4 billion) a year.Nevertheless, the reality of Russian betting sees digital enterprises having overtaken traditional land-based wagering. Bookmaker Ratings places a total value of RUB 422 billion being spent per year via digital betting operators.In its research Bookmaker Ratings details that online betting is a hard proposition to calculate due to the market being split by licensed operators’ vs unlicensed foreign bookmakers targeting Russian consumers.The affiliate states that the Russian betting market has reached to around 2 million players placing bets with around RUB 422 billion ($7.1 billion). Detailing a breakdown on licensed online betting vs unlicensed foreign bookmakers has proved to be difficult for Bookmaker Ratings, as there is likely to be consumer crossover between the two verticals.Bookmaker Ratings expects the number of Russian online betting players to grow in the coming years, but details that Russian authorities are severely restricting foreign bookmakers.At present, The Russian government has made a concerted effort to push digital consumers towards its 11 licensed online bookmakers The Russian Duma’s crackdown on illegal gambling websites had been well documented.Looking forward Bookmaker Ratings details that the increased take-up of digital and mobile betting could see the Russian betting market hit the RUB 1.2 trillion mark by 2022, with a strong contribution from newly licensed betting operators entering the market._______________________Read the full market report at Duma approves overhaul of Russian sports betting laws  July 23, 2020 Related Articleslast_img read more

Breon Corcoran comes out in support of slashing FOBT stakes

first_img Related Articles ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020 Share The Financial Times has revealed that Paddy Power Betfair chief executive Breon Corcoran has issued his support for significantly cutting the stakes of  fixed-odds betting terminals (FOBTs).In a letter to the minister at the Department for Culture, Media and Sport (DCMS), Tracey Crouch, Corcoran stated that due to the ‘toxic’ nature of the debate that now surrounds the terminals only significant action would suffice in ‘addressing societal concerns’.Although the move means Paddy Power Betfair has become the first big bookmaker to openly suggest that substantial stake reductions are necessary, Corcoran is following the lead of   former Paddy Power co-founder and CEO Stewart Kenny, who secretly lobbied against the terminals in 2009.It’s widely expected that after next month’s triennial stakes and prizes review by the DCMS, the government will implement new limits on FOBTS, just how significant these remains to be seen.Corcoran wrote: “Whilst we are not aware of any evidence which links stake size to problem gambling, we are acutely aware of the increasing reputational damage to the gambling industry that has followed lack of progress in this area.“We now believe that the issue has become so toxic that only a substantial reduction in FOBT stake limits to £10 or less will address societal concerns. I am confident we could operate our retail business successfully and profitability under such circumstances. Other well-run operators should be able to do the same.”In a report published by the Telegraph in the aftermath of the recent election, a Barclays Bank analysis revealed that cutting the stakes on FOBTS to just £2 would have major implications on the annual revenue for bookmakers, with Ladbrokes Coral being hit the hardest losing £439m, William Hill losing £288m and Paddy Power Betfair taking a £58m hit.Furthermore, Paddy Power has approximately 100 retail outlets in the UK, compared to William Hill which has around 900 and Ladbrokes and Coral, which combined have over 3500 UK shops. Share StumbleUpon UKGC launches fourth National Lottery licence competition August 28, 2020 Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 Submitlast_img read more

W2’s Warren Russell: Screening new customers with a simplified on-boarding process

first_img Submit Share Share StumbleUpon Related Articles Roger Tyrzyk, IDnow: Helping online operators stop the bad guys May 19, 2020 UKGC launches public awareness campaign on gambling controls, rights and safeguards August 3, 2020 David Pope: HooYu – Betting needs to stay alert on temporary KYC actions June 23, 2020 W2 is a data screening solutions provider which helps major organisations, including those active in the sports betting industry, to conduct regulatory Know Your Customer (KYC), Anti-Money Laundering (AML) and Fraud prevention checks.Six months on from securing significant growth fund investment, we caught up with the company’s CEO Warren Russell to discuss the development of its sales, marketing and technical teams, increased due diligence challenges since the introduction of the 4th AMLD, and the importance of avoiding the on-boarding of problem gamblers.SBC: How much of an impact has the Growth Fund investment from Mercia Fund Management had on your sales, marketing and technical capability in the UK and international markets?WR: In April 2017, W2 received a series A investment from Mercia Fund Management, Finance Wales and existing investors. Recognising the innovative suite of customer due diligence solutions already in place, this round of funding has allowed us to accelerate the recruitment of key sales, marketing and technical staff to further improve the product and service offering.With said marketing, sales and technical resources now in place and already delivering value to our global customer base, the focus is now very much on the streamlining and simplification of our customer on-boarding processes, ensuring our project office delivers all new customer projects in a timely manner and with full client satisfaction while our product team continues to engage with our prospects and customers alike on ‘what’s needed next’.SBC: Have the extra due diligence challenges from the introduction of the 4th AMLD triggered an increase in your intake of clients in the sports betting and gaming space?WR: Since June, the Anti-Money Laundering Directive is law with further regulation coming into force in the next year. A general trend we are seeing is that businesses across many different sectors are taking compliance more seriously and investing significantly more time, money and resource into the area – the online gaming sector is certainly no different.The products from W2 facilitate customer onboarding and ongoing monitoring for gaming operators, ensuring compliance requirements are met from the perspective of both European Law (4th AMLD) and also through the requirements of the gaming regulators. The implementation of the 4th AMLD has seen a significant increase in our intake of clients in the sports betting and gaming space, however we have seen a much wider increase in interest across all sectors.As a data aggregator, we have found that our depth of offering, coupled with the fact that we work with the most robust and trusted data suppliers, means that the gaming space is certainly aware of the benefits we provide in ensuring their offering is 100% compliant.SBC: What puts your KYCchecker product ahead of its rivals in terms of its ability to perform verification and anti-money laundering checks during the process of opening an account?WR: W2 KYC product offering is not limited to certain countries, we operate on a global scale by having a variety of data options available. We offer a product that is tailored to customer need and allows searches to be completed in an order that makes the most commercial sense for each client.What this means is that there is no need to pay for searches that are not necessary, saving our customers money. On top of this, our team offers unrivalled service and guides our customers through each step, making the whole process remarkably pain free.We constantly improve our products and service to meet customer needs in innovative ways. We now offer the Emailage Email Validation product as an additional service, allowing customers to add an extra layer of security that their customers are who they say they are. We are also currently re-developing our ongoing monitoring product, BSMART™, and are looking to have brand-new capability available next year.SBC: Does your KYC product extend to the implementation of the nationwide self-exclusion scheme, and how important is it to avoid the on-boarding of potential problem gamblers? WR: The introduction of GAMSTOP in 2018 will see the first online multi-operator self-exclusion scheme put into place in the UK. We would absolutely be open to discussions with the RGA to understand if we can collaborate moving forward, though at this stage their service is not currently live and we would require their data in order to add this service into our own KYC offering.As a leader in the space of enhanced customer due diligence and KYC, our services are naturally aligned to ensuring player protection is adhered to on many levels. It would be fantastic if our products could offer gaming operators the chance to check for customer self-exclusion at onboarding stage and also on an ongoing basis; perhaps then the recent issues seen by operators such as 888 could be easily avoided and players would also benefit from enhanced levels of protection.last_img read more

Cherry AB reports widespread growth despite ComeOn restructure

first_img StumbleUpon Related Articles Share Submit GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share Betsson outrides pandemic challenges as regulatory dramas loom July 21, 2020 Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth July 24, 2020 Despite lowering its full-year 2017 corporate forecast last week, Stockholm-listed online gambling group Cherry AB has reported ‘widespread growth’ across its assets for its Q3 2017 trading update (period ending 30 September).Improved player activity throughout its verticals, sees Cherry report a 165% increase in group revenues to SEK 567 million (€58 million – Q3 2016: SEK 214 million).Cherry’s strong revenue momentum, would see the company triple its period group EBITDA to SEK 112 million (€11 million – Q3 2016: SEK 31 million).Closing its Q3 2017trading, Cherry governance would declare period operating profits of SEK 41 million (€4 million).For its year-to-date performance, Cherry has delivered 182% increase in group revenues of SEK 1.6 billion, combined with a corporate EBITDA of 288 million (€29 million – Q3 2016: SEK 71 million).Updating investors, Cherry governance stated that the company was continuing to restructure its operations with a view of maximising its revenue channels and ‘enhancing group profitability’.Key initiatives undertaken include a restructure of acquired asset ComeOn’s senior management team, with changes expected to be announced shortly.Commenting on Q3 2017 corporate performance Anders Holmgren, Chief Executive of Cherry AB, said: “Cherry’s operations continue to develop strongly; as the industry’s most complete gaming company, our offering has a broad base and we are able to respond quickly when we perceive opportunities.“In the third quarter, we, unfortunately, saw our largest business area lose momentum, although the new management, with its extensive experience of the industry, has taken measures to increase both growth and profitability.“The integration of the online gaming operations within ComeOn continued to affect growth and profitability negatively in the third quarter; we have continuously reviewed the integration process within the business area and can affirm that the lion’s share has been completed.”last_img read more

Caesars Entertainment’s Jan Jones Blackhurst – Industry needs to get smart on diversity

first_img SBC Magazine Issue 9: Esports future, online shift and Brazil betting soap opera June 4, 2020 StumbleUpon UKGC orders Caesars to pay £13m following ‘serious systemic failings’ April 2, 2020 AIDP adds two new global advisors August 12, 2020 Share Submit Share Related Articles Jan Jones Blackhurst, the former Mayor of Las Vegas and current Vice President of Public Policy & Corporate Responsibility at Caesars Entertainment has highlighted gender equality concerns facing the global gambling community.Speaking to casino industry news source CasinoBeats (SBC.Global subsidiary), Blackhurst detailed that the sector had tainted itself during ICE 2018, a global gambling conference in which the sector hit headlines for ‘pole dancing’, rather than showcasing its latest technologies, products and services.Leading Caesars public policy, Blackhurst highlights a legacy detachment between gambling stakeholders and the reality of their products servicing a diverse marketplace.“In the US, for example, more than 50 percent of our slot-machine players are women, and I would think they would take offence to certain displays at the event. There is a difference between hiring attractive people to stand at your booth or area in order to draw attendees over, and hiring women who are wearing minimal clothing in order to draw over a limited demographic of men”.Beyond the exhibition floor of ICE 2018, Blackhurst supports former UK Gambling Commission CEO Sarah Harrison’s industry warning on diversity, detailing to CasinoBeats that industry stakeholders have to ‘understand the expectations of their regulators, and Sarah Harrison made her position very clear’.Blackhurst believes that it is simply too myopic, to believe that the industry is represented through its conference exhibitors and their choice of promotional representation.For Caesars VP, the talk of ‘promo girls’, pole dancers and sex, distracts from the real issues facing the sector on overcoming equality and diversity challenges.Blackhurst believes that future industry winners will be able to tackle diversity dilemmas head-on, as Caesars launches its ‘50/50 by 2025’ gender equality initiative.“At Caesars Entertainment, we have launched a gender equality initiative, called 50/50 by 2025, in our effort to increase the number of women in management levels and above to 50/50 by the year 2025. We want women at our company to know they are valued and respected for their thoughts, ideas and innovations.”last_img read more