Grenada tourism increased except UK

first_imgGrenada tourism arrivals increase except from UKGrenada has recorded a decline in visitor arrivals from the United Kingdom even as it reported an increase in growth from other destinations for the period January to August this year compared to the same period in 2016.Figures released by Grenadian tourism authorities show that at the end of August 2017, 100, 815 visitors came to the island compared with 94,614 last year.Largest visitor increase is from GermanyChief executive officer of the Grenada Tourism Authority (GTA), Patricia Maher, speaking to journalists attending the 2017 State of the Tourism Industry Conference (SOTIC) in Georgetown, said the largest increase in arrivals came from Germany with a 30 per cent increase. German visitors totaled 1,564, while Caribbean Community (CARICOM) countries accounted for the smallest growth of seven per cent registering 19, 223 visitors.The United States market increased by 13 per cent to 40,010, while Canada showed growth of six per cent with visitor arrivals of 10,527.UK visitor decline 7.14 percentThe United Kingdom reduced share was 7.14 per cent with 17,367 visitors arriving this year, compared to last year when 18,702 visitors arrived.“We believe it has to do with the value of the (British) Pound and people watching what they spend,” Maher said as she presented a status of Grenada’s tourism products.Maher said despite the reduction, Grenada will be attending the annual World Travel Market schedule for November 6-8 in London, regarded as the leading global event for the travel industry. The British event brings together an estimated 5,000 exhibiting destinations, technology and private sector companies to find and network with 51,000 travel professionals, key industry buyers, journalists, digital influencers, students and tourism Ministers.Benefiting from cruise ship arrivalsShe said Grenada is also benefiting from the arrival of cruise ship calls which were originally scheduled to take visitors to ports in territories in the northern Caribbean that are devastated because of Hurricanes Irma and Maria.“We are set to have a potential increase in cruise ship arrivals, we are expecting 28 new calls,” she said while explaining that some of these ships did not book Grenada for early season calls but were scheduled to call at Grenada’s port later in the season.Besides the increase from the cruise ship calls, Grenada is also the new home of the RORC International race that was originally scheduled to take place in Virgin Gorda from December 6-15.last_img read more

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St. Vincent and the Grenadines Records Increase in Visitor Arrivals

first_imgKINGSTOWN, St. Vincent, CMC – It is gearing up to be a record-breaking year for tourism in the Caribbean as another Caribbean island, St. Vincent and the Grenadines has recorded an increase in visitor arrivals thus far in 2019.According to the Caribbean Tourism Organisation, provisional figures for the period show that 232,916 visitors came to the island for the year thus far, compared with 217,453 in 2018. This is reflective of an additional 15,463 visitors to the destination.The Canadian market registered the greatest increase for stay-over arrivals with an increase of 16.9 per cent while the United States registered an increase of 11.4 per cent followed by the United Kingdom with an increase of 10 per cent.Yacht arrivals grew by 7.6 per cent during the months of January to May with a total of 37,926 yacht visitors for the five-month period in 2019 compared with 35,240 for the same period in 2018.A total of 158,233 cruise visitors arrived in the destination for the same period registering an increase of 7.0 per cent over the 147,878 cruise visitors for the comparative period in 2018.Concerning flights to the country – since the opening of the Argyle International Airport (AIA), in February 2017, three international carriers have been weekly operating non-stop flights to the destination.Earlier this month American Airlines announced a second weekly flight to the AIA from December 2019 when the airline will operate the current Saturday service along with a Wednesday service.The American Airline non-stop service to the AIA, will complement Caribbean Airlines’ weekly Wednesday non-stop service from JFK International, USA and Air Canada Rouge’s weekly Thursday non-stop service from Pearson International, Canada.This month, Barbados and Jamaica also announced that they have also recorded an increase of visitor arrivals since the beginning of 2019.last_img read more

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Official: Barcelona Unveils Paulinho, To Wear Jersey Number 15

first_imgBarcelona has officially presented €40million new signing from Chinese Super League side Guangzhou Evergrande, Paulinho.The Brazilian completed his medicals earlier today, to become Barcelona’s third signing in the current transfer window after Portuguese defender Nelson Semedo & former boy Gerard Deulofeu.? @paulinhop8 will wear the number 15 #FCBlive— FC Barcelona (@FCBarcelona) August 17, 2017Speaking about the move Paulinho said: “It’s a special moment for me. I’m grateful and I thank everyone for their efforts”Having previously played in Europe for Tottenham Hotspurs from 2013 to 2015, Paulinho made 94 appearances for Guangzhou Evergrande in three seasons at the club, scoring 25 goals and providing 5 assists.Relatedlast_img read more

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Industry First…Playtech launches cross-border Veikkaus-win2day poker network

first_img Share StumbleUpon Share Related Articles Shimon Akad,Declaring an ‘igaming industry first’, FTSE-listed gambling technology and platform supplier Playtech Plc has confirmed the launch of a ‘cross-border’ poker network in partnership with state-owned operators Veikkaus (Finland) and win2day (Austria).Launching the co-shared network which is powered by iPoker software, Playtech details that this is first time ‘two regulated entities have joined forces to share cross-border poker liquidity and follows win2day meeting a series of stringent responsibility standards accredited by Veikkaus and the Finnish authorities.’As an industry technology supplier, Playtech has an established relationship with both operators, servicing both brands with casino software and gaming content provisions.Confirming the launch of the co-shared poker network, Playtech governance detailed that its complex project could have not been delivered without the company significantly investing in its poker division.Playtech has recently invested significant development resources in poker, enhancing its poker client by introducing a new lobby and home tab, completing a full overhaul of the software’s poker tables and launching a series of new game views, enabling easier and fully personalised access to a wide variety of players’ favourite games.Shimon Akad, COO, Playtech, said: “This is a milestone in poker and the gaming industry, and we’re delighted to be at the heart of yet another industry-first providing two great brands with the leading poker network and a series of leading products that I’m confident will prove a huge success going forward.”Timo Kiiskinen, Senior Vice President, ICT, Veikkaus, said: “We are extremely happy with the overall product and the network’s performance so far, and are delighted to have launched on schedule. This is a great venture between ourselves, win2day and Playtechand we’re sure it will be a great success.”Martin Jekl, Managing Director, win2day said: “Working with Veikkaus and Playtech has been a seamless process and we are very pleased with the results of the network in the first few days since launch. Our customers now have access to the best and most responsible poker experience on the market and we look forward to seeing what the rest of the year will bring.” Veikkaus calls for early introduction of Finnish age verification measures August 28, 2020 Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Playtech goes live in the US with bet365 August 7, 2020 Submitlast_img read more

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Sam Hill – Betgenius: Introducing 3×3, the Groundbreaker for Basketball Betting!

first_img Betgenius expands virtual sports range with Kiron August 20, 2020 Betgenius: Spare change… how will the increase to five subs affect football trading? June 4, 2020 Related Articles Share Submit Betgenius: The sound of silence… What impact does an empty stadium have on trading? May 26, 2020 StumbleUpon Share Sam Hill – BetgeniusSam Hill Head of Business Development at Betgenius, introduces 3×3 basketball, the latest addition to the Tokyo 2020 Olympic Games sport roster. An action-packed sport, Hill details what makes 3×3 a great game for betting stakeholders. ____________________________3×3 is Played on a half-court, with just one hoop and games that last for 10 minutes, or until one team scores 21 points, 3×3 games are fast, closely contested and momentum can swing in matter of seconds. Games during tournaments come thick and fast – one game every 20 minutes – and half of all games finish with just one or two points difference.For bookmakers, this new sporting format – much like T20 cricket has done over the past decade – creates an exciting to drive in-play turnover and, crucially, appeal to a younger demographic.Targeting millennialsAll sportsbook operators are faced with the pressing question on what content will attract and entertain a new generation of customers. More than anyone else, millennials expect to bet on fast-paced, exciting action on their mobile with rapid results.In the past couple of years, eSports has been identified as a solution to this question and now 3×3 is perfectly placed to further bridge this crucial gap between bookmaker and customer. After all, the International Olympic Committee chose to give 3×3 Olympic status largely on the basis that it would make the Games more appealing to a younger demographic.The sport has a young, mobile and rapidly expanding global fan base, creating hugely exciting opportunities for bookmakers around the world.“3×3 is widely considered the number one urban team sport, perfect for digital and social media engagement with youngsters and is simple enough to be played anywhere by anybody,” Alex Sanchez, FIBA 3×3 Managing Director said. “With 3×3 basketball’s recent addition to the Olympic track, we are at a hugely exciting stage in the sport’s growth”.Building on basketball’s strengthDeciphering the level of risk is a key priority for all operators when offering new sports. However, in the case of 3×3, the sport is simply building on basketball’s global popularity.With its huge number of games, global fan-base, high-profile players and frequent scoring, traditional basketball is already a must-have for bookmakers wanting to engage their customers. And with the high-quality and rich level of data available through official courtside collection, bookmakers are already cashing in on a successful in-play product.The emergence of 3×3 as a mainstream sport will offer all of this and more. As an abridged form of the game, with less players on the court, closer score lines and a greater emphasis on attacking play, 3×3 offers a myriad of new and exciting markets, such as Race to Five, 10 or 15 Points and Next Team to Score Two Points.Fast and furiousThe rise in popularity of 3×3 basketball is symptomatic of a wider trend in sport, with cricket, golf and tennis also seeing the launch of new, innovative formats of the traditional games. With T20 now a worldwide phenomenon and a significant product for bookies, the likes of FAST4 and Tie Break Tens – both new quick-fire tennis formats – are also worth keeping an eye on alongside GolfSixes.This shift, while unlikely to replace traditional formats any time soon, is primarily designed to appease spectators and broadcasters, but they are also changing viewing habits and geographies.Sports betting will ultimately see a knock-on effect and it’s up to suppliers and operators to stay ahead of the curve.On paper, these events provide the perfect opportunity to combine the in-play product and second-screen experience for a younger demographic. And after becoming the latest Olympic sport, the time is now for operators to engage with the basketball’s latest betting success story with 3×3. FIBA -3×3 Video ___________________New Sports development and betting partnerships will be discussed at the upcoming ‘Betting on Sports – #BOSCON2017’ conference (13-15 September – Olympia London). Click on the below banner for more information…last_img read more

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$50 million charges deep cut 888 Holdings 2017 results

first_img The governance of FTSE250 listed 888 Holdings, is assessing its future strategic options as regulatory charges of $50 million have drastically impacted the firm’s full-year 2017 profits.Publishing its FY2017 results, 888 reported a 4% group revenue increase to $541 million, supported by the double-digit growth of its sports betting division up 45% to $75.5 million (FY2016: $51.9 million).Despite facing ‘heightened regulatory scrutiny in the UK market’, 888 details strong progress and a strengthened commercial pipeline within the majority of its regulated/taxed territory activity.Closing 2017 accounts, 888 would declare a corporate adjusted EBITDA of $100 million up 12% on corresponding FY2016’s $90.2 million.Nevertheless, as reported in H1 2017, 888 has been forced to absorb a combined $50 million in ‘exceptional charges’, relating to $45 million VAT penalty for its German market activity prior to 2015, alongside its $5.5 million relating to its UKGC social responsibility settlement.The penalty charges would see 888 declare FY2017 profits of $18 million, down 65% on FY2016’s $59 million.At present, 888’s governance and its legal counsel, are reviewing the firm’s regulated market positions, with a focus on its German market activity.“Following a recent ruling by the Federal Administrative Court of Germany, the Board of 888, together with the Group’s legal counsel, is assessing the status and breadth of its offerings in the German market.”Despite 888’s profit woes for 2017, Itai Frieberger Group CEO remains positive of the firm’s future outlook stating that 888 operations had been resilient against adverse conditions.“888 has delivered another year of progress achieving record revenues of US$541.8 million and a 12 per cent increase in Adjusted EBITDA. The Group’s growth was driven by further expansion in Casino, Sport and across regulated markets. This very robust outcome was achieved despite the Group’s withdrawal from certain markets during the year and demonstrates 888’s resilience and agility that is underpinned by first-class technology and an outstanding team.The Group has continued to reap the rewards of its investments in recent years in several growth markets including Spain and Italy. These markets helped to drive very strong revenue growth in regulated markets excluding the UK of 26%. The Group continues to gain momentum in Sport where revenue increased an impressive 45%. Current trading since the start of the year is in line with our expectations with average daily revenue 6% above the previous year, representing an 8% increase when adjusted for the withdrawn markets. 888 is a resilient and diversified operator with scalable proprietary technology. The Group has a number of significant growth opportunities ahead and the Board is confident of another year of operational progress.” Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Share Related Articles StumbleUpon Share UKGC launches fourth National Lottery licence competition August 28, 2020 Submit MoneyMatrix boosts wire transfer options by integrating Klarna’s Sofort August 24, 2020last_img read more

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Sportech appoints ‘transformation pro’ Chris Rigg as governance advisor

first_img Related Articles StumbleUpon Sportech highlights new client wins under lockdown June 26, 2020 tweet Ian Hogg joins RPM Gaming as Chairman May 5, 2020 Share Submit UK Tote gains international ‘commingling pool ecosystem’ with Sportech April 17, 2020 LSE-listed racing and wagering systems provider Sportech Plc has confirmed the appointment of Christian ‘Chris’ Rigg as an Independent Non-Executive Director, advising corporate governance from 1 January 2019.A + 20-year corporate finance executive, Rigg is a former Barclays Bank executive, who has served as Chief Executive of Northern Recruitment Group and UK pharmaceuticals supplier Quantum.Sportech governance notes the appointment of Rigg as a corporate advisor, highlighting the executive’s experience and knowledge in business strategy and development of effective transformation projects.“Rigg implemented a new strategy which helped simplify and grow the business and led to the acquisition of Quantum by Clinigen for an enterprise value of £160 million.” details Sportech governance in its corporate update.Richard McGuire, Executive Chairman of Sportech, said: “We are delighted to welcome Chris to the Board.  His extensive experience at a senior level within public  and private companies will undoubtedly be of great value to Sportech.”Rigg joins Sportech governance, as the firm continues its executive search for a chief executive replacement of US-based Andrew Gaughan, who confirmed his leadership departure from Sportech during November trading.last_img read more

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DCMS confirms Boggis & Palmour as National Lottery Community Fund board members

first_img National Lottery Community Fund issues £14m in Climate Action grants August 24, 2020 Submit StumbleUpon Share Related Articles Share UKGC launches fourth National Lottery licence competition August 28, 2020 Camelot aims for ‘Big September’ supporting a high street recovery August 26, 2020 The UK Department for Digital, Culture, Media & Sport (DCMS) has confirmed the appointments of civil service and fundraising veterans Emma Boggis and Danielle Palmour as Board members of the ‘National Lottery Community Fund’.The Community Fund, which is commonly known as the ‘Big Lottery Fund’, acts as an independent public body responsible for distributing money raised by National Lottery games/draws to ‘good causes’.Furthermore, the Community Fund’s board oversees the application and review processes for lottery grants, which are available to UK registered charities, local authorities, community initiatives and social enterprises.Since its inception in 2004, the Community Fund has supported over 130,000 UK projects, with a reported £9 billion in funding donated for UK social/charitable directives.In its update, DCMS confirms the appointment of UK civil service executive Emma Boggis as a new board member of the Community Fund. A twenty-year public policy veteran, Boggis is the former leader the Olympic Legacy Unit and British Paralympic Association.A keen sports enthusiast, Boggis has further served the UK Foreign Office as Deputy Head for the British Embassy in Madrid and sits as a Trustee of the National Paralympic Heritage TrustThe Community Fund will be further supported by the board appointment of Danielle Palmour a leading figurehead in private sector civic/charitable fundraising.Palmour is the Director of the Friends Provident Foundation, the independent grant-making and social investment trust of international pension fund Friends Provident and has further helped establish UK private enterprise social fund Big Social Capital.Palmour has further advised the government on racial equality and civic inclusion, as a former senior policy advisor for the Law Society of England & Wales.As new board members of the National Lottery Community Fund Boggis and Palmour will serve on a fixed four-year term commencing 11 February 2019.last_img read more

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Norwegian Chess Federation forgoes Unibet’s ‘controversial proposal’

first_img Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth July 24, 2020 Share Related Articles Share StumbleUpon Unibet backs #GoRacingGreen as lead racing charity  July 28, 2020 Submit Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk  August 10, 2020 On Sunday night, the governance of the Norwegian Chess Federation Congress (NSF) voted against the ‘cooperation deal’ proposed by Kindred Group Plc flagship subsidiary Unibet.This June, Unibet marketing had propositioned a five-year principal sponsorship deal of the NSF, valued at NOK 50 million (€5m), representing Norwegian Chess’ biggest ever sponsorship.Lottstift, Norway’s national gambling regulator, would warn NSF governance ‘to consider the consequences’ of partnering with an unlicensed gambling firm.Furthermore, the NSF would face further pressure from Norway’s Ministry of Culture and broadcaster TV2 (Egmont Group) to reject the ‘controversial proposal’, as NSF forms part of a collective seeking to win the rights to host the ‘2020 Chess World Cup’ in the city of  Stavanger.Seeking legal advice, the NSF would detail to its stakeholders that it would make a formal decision on whether to proceed with Unibet sponsorship this July.This Sunday,  Kindred Group issued a formal statement, confirming that NSF would forgo its sponsorship, with the Stockholm-listed enterprise stating that it ‘respects the decision taken by the Chess Congress’.”We want to commend the board of the Norwegian Chess Federation for being extremely strong through a demanding exchange of opinions leading up to this Sunday’s Congress. The same leadership have, through the 11-month process leading to the final deal proposal, impressed us through their inquisitive and responsive approach, and clear and challenging dialogue with us as a potential partner. The members of the federation have now made a choice, and that choice deserves respect,” detailed Rolf Sims, Public Affairs Manager of Kindred Group.The online gambling group states that the debate surrounding its proposition, shows a ‘a great care for chess’ in Norway, whilst further highlighting the ‘positive and negative sides about the current monopoly and a licensing model’.Concluding its Norwegian update, Kindred Group stated that it would continue ‘working towards allowing sports, volunteer work and other associations not supported by the current monopoly model the possibility of better financing opportunities.’“We will continue tirelessly in our daily work towards an alternative gambling model in Norway. Such a model would benefit everyone in a better way than the current monopoly system, where half of all online gamblers fall outside of the pervue of the Norwegian government, and where a large part of Norwegian sports, culture and volunteer work are not supported by the gambling funds collected by the Norwegian government” –  Kindred Group detailed in its statement.last_img read more

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MGA backs Swedish FA on football integrity

first_img Related Articles Kansspelautoriteit enters into MoU with Malta Gaming Authority August 28, 2020 Entering a data-sharing agreement, the Malta Gaming Authority (MGA) will collaborate with Sweden’s Football Association (SvFF) to combat match-fixing and maintain integrity standards.The SvFF has agreed to share syndicated match data with the MGA, as the governing  body seeks to enhance its integrity monitoring capacities in light of drastic marketplace changes following the re-regulation of the Swedish online gambling market.A statement issued by the MGA said: “The objective of the SvFF is to make sure that football in Sweden always adheres to laws and regulations that govern all sporting events and entities within their remit.” As part of the data agreement, the MGA will continue its core mandate of strengthening international stakeholder partnerships tackling sports corruption. In the past year, the MGA has secured data sharing and cooperative arrangements with the Malta Football Association, the Tennis Integrity Unit, the International Cricket Council, and the International Olympic Committee. The MGA’s Sports Integrity Manager, Antonio Zerafa, added: “The Data-Sharing Agreement between the MGA and the SvFF allows for the relationship between the two entities to not be limited to discussions of best practices only, but to also allow for the transfer of data in relation to investigations of manipulation in sports competitions.” “Undoubtedly, this further strengthens the MGA’s commitment to assisting Sports Governing Bodies in their fight against match-fixing.” Share Share John Williamson to oversee UK Tote Group’s international growth August 28, 2020 SBC Awards: The key to an effective submission August 28, 2020 Submit StumbleUponlast_img read more

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