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first_imgSunday 30 January 2011 10:36 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Show Comments ▼ HAYLEY TAM | CITI“Whatever happens, it is likely to cause continued disruption to ongoing operations. If Sherborne loses the vote it will create a share overhang of about 17 per cent, which will need to be disposed of – but it will allow existing management to continue to run the company with minimum disruption. If F&C management loses, it will enter a new period of uncertainty that may or may not lead to longer-term value creation.”DAVID MCCANN | NUMIS“Regardless of who wins the vote, it is hard to see any short-term share price upside, but very easy to see significant short-term downside risk. If Sherborne loses, the share price could fall 30 to 44 per cent, as Sherborne, Aviva and other supporters’ stakes become stock overhangs. If Sherborne wins, we expect Millennium BCP to withdraw its assets under management and an 11 per cent stock overhang from Eureko.”SARAH ING | SINGER CAPITAL“Short of breaking the firm up to sell off low-margin businesses, it isn’t clear what F&C should do differently to address the current issues. Incumbent management has tried to invest in high margin businesses and isn’t to blame for F&C’s low valuation, which is largely a result of legacy issues, such as lack of organic growth in its funds due to ongoing insurance outflows and a lot of lower margin institutional business. F&C has also lost large chunks of assets over recent years.” KCS-content Share ANALYST VIEWS: WHAT IS THE LIKELY OUTCOME FOR F&C? whatsapp Tags: NULLlast_img read more

first_img Subscribe to the iGaming newsletter Latvia gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has announced details of a new initiative whereby consumers suffering with gambling-related problems can access state-funded psychologist support. Email Address Regions: Europe Baltics Latvia Topics: Casino & games People Sports betting Strategy Slots 5th July 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Latvia gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has announced details of a new initiative whereby consumers suffering with gambling-related problems can access state-funded psychologist support.The IAUI will run sessions every weekday from 8:30 to 17:00 at its premises in the Latvian of Riga. Qualified psychologist Magdalēna Pranaite will deliver the sessions free of charge.The service will be made available to players, as well as any of their family and friends that have also been impacted by problem gambling.“When gambling becomes addictive, not only the player suffers, but also people close to them and they need the help of their whole family,” the IAUI said. “However, it’s up to the player to take the first step themselves.“A psychologist can help them take this first step, which involves recognising, accepting and finding solutions to a problem.Consumers interested in the new scheme can contact the IAUI for information about how to register for the sessions.In May, the IAUI revealed that the Latvian gambling market generated a total of €77.5m (£69.6m/$86.9m) for the three months through to March 31, 2019, up 15.3% on the corresponding period last year.Income from gambling was also up 15.9% from €63.5m to €73.6m, with gaming machines the most popular form of betting in the country.Image: Max Pixel Tags: Online Gambling Slot Machines Casino & games Latvia to offer psychologist sessions to problem gamblerslast_img read more

first_img Subscribe to the iGaming newsletter Regions: US Delaware Topics: Finance Sports betting Finance Delaware’s sports betting market generated $12.5m in revenue in 2019, the first full year of regulated activity in the state. Delaware’s sports betting market generated $12.5m (£9.5m/€11.2m) in revenue in 2019, the first full year of regulated activity in the state.Consumers spent a total of $102.6m on sports bets over the past year, winning $79.6m in the process. Overall, 2.55m wagers were placed through licensed operators in 2019.Delaware Park was the leading operator in the state, turning revenue of $7.8m after taking $64.1m in bets in 2019.Revenue was up 25.2% year-on-year from $6.2m in 2018, despite Delaware Park having only accepted sports bets for six months in the previous year. Customer spending was also only up 5.4% year-on-year.Read the full story on iGB North America.Image: Nicolas Raymondcenter_img Delaware sports betting revenue hits $12.5m in 2019 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 7th January 2020 | By contenteditor Email Addresslast_img read more

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Australian sports betting and daily fantasy sports operator PlayUp has named Dr Laila Mintas as chief executive of its new US division as it prepares to enter the market. PlayUp brings in Mintas to spearhead US expansion plans Subscribe to the iGaming newsletter 6th July 2020 | By Daniel O’Boyle Tags: Fantasy Sports Regions: US Australian sports betting and daily fantasy sports operator PlayUp has named Dr Laila Mintas as chief executive of its new US division as it prepares to enter the market.The operator, which is already active in Australia, New Zealand and India, said it has already acquired market access in “multiple US states”. Mintas has appointed to oversee these efforts .Prior to joining PlayUp, Mintas served as chairwoman of sportsbook technology startup Bet.Works’ strategic advisory board. She was previously a deputy president at sports data supplier Sportradar and a professor of sports law at Columbia University.I couldn’t think of a better fit as Laila to help the company growing globally but also to build our US business” Daniel Simic, Founder and Group chief executive of PlayUp said.” She stands for integrity, innovation and global expertise.Read more on iGB North America. Topics: Casino & games People Sports betting DFS Casino & games Email Addresslast_img read more

first_imgThe deal comes after Genius last month extended its non-exclusive betting data partnership with the National Basketball Association in North America. Sports betting Genius Sports Group has agreed to become the exclusive live data and integrity partner of the Argentine Football Association (AFA), the sport’s governing body in the country. “It was a fundamental priority to establish an official data and statistics system for our competitions to grow revenues and expand our international audience,” AFA president Claudio Tapia said. Under the deal, Genius will have the exclusive rights to capture official live game data from 13 competitions organised by the AFA, including the Liga Profesional de Fútbol and Primera B Nacional. Tags: Genius Sports Group Argentine Football Association AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Genius is also set to go public on the New York Stock Exchange through a reverse merger with special purpose acquisition company dMY Technology Group. This will create a new publicly traded business with an enterprise value of $1.5bn (£1.15bn/€1.27bn). Regions: Argentina Email Address Genius will also be able to distribute the data – captured in stadia – to sportsbook operators around the world. “It was equally important to retain a partner that could provide vital protection from any betting-related threats so that Argentinian soccer fans can enjoy games that are fair, transparent and unpredictable.” Topics: Sports betting Genius scores betting data deal with Argentina FA Genius chief commercial officer Jack Davison added: “Argentinian soccer gains a fair and transparent return from betting on its competitions and a platform to expand its global reach. “Meanwhile, our sportsbook partners will be provided with more premium content from some of the most competitive leagues in world soccer. 12th November 2020 | By Robert Fletcher Subscribe to the iGaming newsletter The agreement will also see Genius utilise its Bet Monitoring System to monitor suspected incidents of match-fixing and betting-related corruption across the AFA’s competitions.last_img read more

first_imgBenso Oil Palm Plantation Limited (BOPP.gh) listed on the Ghana Stock Exchange under the Agricultural sector has released it’s 2016 interim results for the half year.For more information about Benso Oil Palm Plantation Limited (BOPP.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Benso Oil Palm Plantation Limited (BOPP.gh) company page on AfricanFinancials.Document: Benso Oil Palm Plantation Limited (BOPP.gh)  2016 interim results for the half year.Company ProfileBenso Oil Palm Plantation Limited is an oil palm plantation company in Ghana involved in growing and processing crude palm oil to produce oil products for domestic consumption. The company is based at the Adum Banso Estate in Takoradi, Ghana. It owns over 5 000 hectares of oil palm plantations and processes crude palm oil to produce oil products for domestic consumption. Brands include RBD Palm Oil and RBD Palm Olein. BOPP produces oil products for the Ghana market and for export to regions in West Africa. The company is also involved in refining fats and oils and owns the patent for technology that converts wasted food into nutritious food. BOPP is a subsidiary of Wilmar International Limited and Unilever Ghana has a stake in its business. Benso Oil Palm Plantation Limited is listed on the Ghana Stock Exchangelast_img read more

first_imgSwazi Spa Holdings (SWSPA.sz) listed on the Swaziland Stock Exchange under the Tourism sector has released it’s 2018 annual report.For more information about Swazi Spa Holdings (SWSPA.sz) reports, abridged reports, interim earnings results and earnings presentations, visit the Swazi Spa Holdings (SWSPA.sz) company page on AfricanFinancials.Document: Swazi Spa Holdings (SWSPA.sz)  2018 annual report.Company ProfileSwaziland Holdings Limited (Swazispa) owns and operates leading hotels, casinos and entertainment facilities in Ezulwini Valley in Swaziland. The company operates through three wholly-owned subsidiaries; Ezulwini Properties (Proprietary) Limited, Manzane Estates Limited and Spa Financing Company Limited. Brands in its portfolio include the Royal Swazi Sun, the Lugogo Sun and Ezulwini Sun. Swazispa is a subsidiary of Sun International Limited. Swaziland Spa Holdings is listed on the Swaziland Stock Exchangelast_img read more

first_img Rupert Hargreaves | Sunday, 10th May, 2020 Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address See all posts by Rupert Hargreaves Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Warren Buffett has been selling stocks. Should you do the same?center_img Last weekend, Warren Buffett made a shocking announcement. The ‘Oracle of Omaha’ told the world he’d been selling stocks during the first quarter of 2020. This announcement caught many investors by surprise. Buffett has built his reputation, and fortune, on buying stocks when everyone else is selling.So, why did he decide to take this course of action, and should other investors follow his lead?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…Buffett starts to sellAccording to the limited information we have, Buffett sold several billion dollars of stock in the opening quarter of 2020. It appears he hasn’t reinvested the bulk of the proceeds.Buffett was selling airline stocks in particular. He later said the reason why he decided to sell airline stocks is that the outlook for the sector has changed dramatically. Despite booking losses of several billion dollars on the positions, he decided to sell rather than face years of uncertainty. This approach makes a lot of sense.Whenever he evaluates a business, Buffett always bases his analysis on company cash flows. If he can’t predict the cash flows for the foreseeable future, he doesn’t invest.That seems to be what’s happened here. As the outlook for airline stocks has deteriorated, cash flow forecasts have become impossible. As such, it isn’t that surprising Buffett sold the airline holdings.Not being greedyAs Warren Buffett sold his airline investments, he also avoided making any other deals. This is surprising. The investor is usually in a rush to buy stocks when they are on sale. The fact that he didn’t, suggests he’s worried about the outlook for companies.How should investors react to this news? Buffett provided the answer himself last weekend. He noted that while the outlook for some companies has deteriorated, over the long term, the global economy should recover from its current setback.Indeed, over the past few decades, the global economy has suffered many significant difficulties. However, the market has always recovered from these setbacks over the long run. There’s no reason to believe it won’t see the same performance this time around.Buffett recommended that investors should buy a low-cost market tracker fund to profit from this trend. A low-cost FTSE 100 or FTSE 250 tracker fund would give an investor exposure to some of the biggest companies in the UK. This should help them achieve strong capital growth as well as income over the long run.So, investors shouldn’t read too much into Buffett’s recent trading activity. While he was selling stocks in the first quarter, he still believes the stock market is the best place to create wealth over the long run.Even though the near-term outlook for global equities is uncertain, buying a low-cost tracker fund should help you grow your financial nest egg without having to worry about daily market fluctuations. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Image source: The Motley Fool “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this.last_img read more

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I think this share will do well if the stock market crashes again Andy Ross owns shares in DS Smith. The Motley Fool UK has recommended DS Smith. 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. See all posts by Andy Ross Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Andy Ross | Tuesday, 30th June, 2020 | More on: OCDO SMDS I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Investors seem to be split on the future of the market. Some think there will be a stock market crash, but many don’t. Despite this evident uncertainty, the FTSE 100 and stock markets around the world have risen since the lows of March.Given that no one can predict the future and that the possibility of another market correction does exist, I think DS Smith (LSE: SMDS) is a share worth considering. I think it could do well whatever happens. 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…Well-positioned even if there’s a stock market crashThe packaging company’s full-year results are scheduled for later on this week. It’ll be interesting to see a further update on the impact of Covid-19 on its trading. It’ll also be worth investors keeping an eye on debt, which has gone up as a result of large acquisitions.Back in April, the group cancelled its interim dividend. At the same time, the group said costs were rising but demand remained strong, driven by e-commerce as quarantined consumer shopped online.The group stated it had £1.4bn in undrawn credit, and no significant refinancing required until 2023. It should therefore be in decent shape with little need to call on investors for more money.With a price-to-earnings multiple of 10, I think the shares look very cheap. I’m hopeful the company will confirm the full-year dividend by the end of this week. Having that income would give it an attractive income and growth combination that could be very profitable. The danger comes if there’s a prolonged recession and consumers rein in even their online spending. Then there will be less demand for the company’s products, which would hit revenues and profits and have a negative effect on indebtedness. Overall, though I’m positive about the company, even in this worst-case scenario. The winner from the March market fall Continuing on the online theme, Ocado (LSE: OCDO) has been a winner from the current crisis. Despite a recent tailing off, the share price is up over 60% this year so far. Quite an extraordinary rise in the circumstances. I think a combination of high tech valuations, a surge in demand for online shopping, and a lack of competitors have combined to drive up Ocado’s share price.Long term, I’m not a fan. I think the share price is too high and I don’t see the company becoming profitable any time soon despite becoming an increasingly mature technology business. The rise of online shopping alone isn’t enough to get me excited about the shares.The evidence though speaks for itself. Plenty of other investors think Ocado has a bright future. Hence the share price rise. It’s possible I’m wrong or missing something, and on that basis Ocado could be another share that does well if the stock market crashes – but only if the cause of that crash is a second spike of coronavirus.A stock market crash caused by fears over the economy more generally or negative investor sentiment will likely hit overvalued shares hardest. In that instance Ocado may fall further than most, and very quickly. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images last_img read more

first_img Enter Your Email Address The Darktrace share price shoots up 40%, but there’s more to this IPO than meets the eye Image source: Getty Images Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. jonathansmith1 owns shares in Deliveroo. The Motley Fool UK has no position in any of the shares mentioned. 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. Our 6 ‘Best Buys Now’ Sharescenter_img So far in 2021, there have been many lessons to learn from initial public offerings (IPOs). I wrote about several of them here. The unpredictability and volatility can be difficult for retail investors like myself to deal with. Darktrace (LSE:DARK) is the latest high profile IPO to hit the market. After the Darktrace share price rallied 40% in the initial period of trading, I could be getting ready to buy in when it becomes available for retail participants. But what’s the real story here?What’s Darktrace?Darktrace is a cyber security firm based in the UK. It was only formed in 2013, and has gone from zero to IPO status in less than a decade. The back story is also very compelling, given that it was formed as a partnership between Oxbridge mathematicians and British Intelligence.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…The main service provided is an artificial intelligence system that detects and deals with cyber security attacks. This is known as the Enterprise Immune System. It all sounds very high tech and smart from my point of view. But what about the potential to make money as an investor? Over the years it has sourced funding from hedge funds and capital partners. In these cases, the valuation of the company was growing. So when it came for the IPO, the target was to set the initial Darktrace share price at a level that reflected a valuation of around £3bn.With rumours that large investors weren’t onboard, the price was cut last minute to float at 250p, reflecting a value of just £1.7bn. The disastrous float of Deliveroo only a month ago was likely still on the management team’s mind.So although the Darktrace share price did take a large bounce higher when the market opened, it bounced from a cut price value. This is something I need to remember.My outlook for the Darktrace share priceFrom a financial point of view, I can’t see much information that will help me right now. I know that revenues grew by 45% in the last financial year, but Darktrace is still loss-making. Therefore, I look forward to getting more information from trading updates in the next few months when it has to disclose them to the market.I think the outlook is positive for the Darktrace share price if I believe the £3bn was justified. The cut in price may have been simply to avoid the bad press around a flop. From that angle, a £3bn valuation would put the fair value of shares around 440p. Even from the current levels around 350p, there is still good upside potential.On the downside, I need to watch out for potential reputational damage from one of the founding investors. Mike Lynch is contesting extradition to the US over fraud charges. If this gets messy then it could tarnish the brand of Darktrace and ultimately hamper the share price.Ultimately, I can’t invest right now anyway as retail investors have to wait for shares to trade unconditionally. Even with this, I’m very happy to sit on the sideline for the moment and see how the first couple of weeks play out before looking to make a decision.  Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jonathan Smith | Sunday, 2nd May, 2021 | More on: DARK Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Jonathan Smith “This Stock Could Be Like Buying Amazon in 1997”last_img read more