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EGBA slams Swedish proposals to tighten igaming regulations

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first_img Topics: Casino & games Legal & compliance Casino regulation Online casino Compliance Licensing Regulation Marketing regulation Sports betting regulation EGBA also pointed to a recent Spelinspektionen-commissioned survey which found Swedish players had very low levels of understanding of the differences between the licensed and unlicensed markets. The survey found only 5% of respondents knew how to check an online gambling site was licenced in Sweden. “Generically imposed deposit limits, despite being well-intentioned, encourage many customers, including those experiencing problematic gambling behaviour, to exit the regulated market and play on black market websites which allow them to circumvent the limit,” it said. Regulation “EGBA members, including BOS, accept their shared responsibility to protect customers, and we are continuously considering what we can do more, but, fundamentally, the best way to protect customers is to ensure they play inside the regulated market with companies who are licensed in and apply the consumer protection laws in Sweden.  “The risks to consumer protection from black market gambling are very real, particularly for vulnerable customers: these websites are readily available, easy to access and do not apply any limits or responsible gambling measures, for example self-exclusion registers such as Sweden’s Spelpaus scheme.” It said the proposals, the latest changes to be put forward since regulation was implemented in January 2019, would not improve player protection in Sweden. Instead, EGBA said, the new measures could potentially create a greater level of risk. Among the Commission’s reccomendations were that the SEK5,000 (£439/€490/$580) deposit cap temporarily imposed on casino games and extended last month, should be made permanent. Maarten Haijer The report also recommended additional measures to stamp out unlicensed activity including a licensing system for suppliers, which EGBA said was “welcome”. Regions: Europe Nordics Sweden EGBA said the continuation of the SEK5,000 deposit cap was an especially problematic policy as it may help the unregulated market and it noted its opposition to the cap when it was implemented. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 15th December 2020 | By Daniel O’Boyle The association spoke out in the wake of Sweden’s Gambling Market Commission (Spelmarknadsutredningen) making a series of recommendations, including advertising controls and permanent spending caps, to improve player protection standards. EGBA secretary general Maarten Haijer (pictured) said that while the recommendations were well-intentioned, they would decrease channelisation in Sweden, and that this would cause more harm due to the lack of protections in the unlicensed market. Subscribe to the iGaming newsletter EGBA slams Swedish proposals to tighten igaming regulations “The cumulative effect of more restrictions on the Swedish market will be less channelisation and more unregulated black market gambling. Despite being well-intentioned, this would be clearly counter-productive and will damage the safety of the consumer.”  Email Address The European Gaming and Betting Association (EGBA) has blasted a Swedish report calling for new igaming controls, arguing it would put the success of Sweden’s regulated market “in jeopardy”. Tags: Deposit Cap EGBA Branschföreningen för Onlinespel Spelmarknadsutredningen The recommendations also included a call for regulator Spelinspektionen to ramp up efforts to clarify the duty of care expected of operators in their dealing with customers. This would include a prohibition on advertising between the hours of 6am and 9pm proposed, as part of efforts to protect players from products considered the most harmful, such as slots. “EGBA is concerned that the frequency and scope of regulatory changes in Sweden jeopardises the overall success of the country’s online gambling regulation and its ability to provide Swedes with a safe, attractive and regulated online environment where they can bet,” it said. The association added that the regular changes have already occurred in Sweden since the licensed gambling market opened at the start of 2019. This only served to create an unstable environment for licensees.last_img read more

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Rogers & Co Ltd (ROGE.mu) Q12012 Interim Report

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first_imgRogers & Co Ltd (ROGE.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2012 interim results for the first quarter.For more information about Rogers & Co Ltd (ROGE.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Rogers & Co Ltd (ROGE.mu) company page on AfricanFinancials.Document: Rogers & Co Ltd (ROGE.mu)  2012 interim results for the first quarter.Company ProfileRogers & Co Limited is an international and investment services company  headquartered in Mauritius, that primarily focuses on operations in four markets which are, financial tech, hospitality, logistics and property where the company provides services such as fiduciary, outsourcing, and consulting services, such as tax advisory, captive insurance management, fund administration, and actuarial services, technology services, including integrated business solutions, cloud computing, unified communications and collaboration, and mobile and converged connectivity services and financial services. Rogers & Co Limited operates through the following segments, aviation, financial services, hospitality, logistics, property, real estate and agribusiness, technology, corporate office, and corporate treasury. Rogers & Co limited is listed on the Stock Exchange of Mauritius.last_img read more

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Mauritius Union Assurance Co. Limited (MUA.mu) HY2016 Interim Report

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first_imgMauritius Union Assurance Co. Limited (MUA.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2016 interim results for the half year.For more information about Mauritius Union Assurance Co. Limited (MUA.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mauritius Union Assurance Co. Limited (MUA.mu) company page on AfricanFinancials.Document: Mauritius Union Assurance Co. Limited (MUA.mu)  2016 interim results for the half year.Company ProfileMauritius Union Assurance Co. Limited offers general insurance for individuals and corporates. The company operates through Casualty, Property, Life, and Other segments, where the Casualty segment offers motor, liability and cash in transit, personal accident and health insurance products. The Property segment provides fire and allied perils, engineering, marine, and all risks insurance products. The Life segment offers life and pension insurance products. The Other segment provides stock-broking services. The company provides additional financial services as well, where housing, educational and vehicle loans are offered. Mauritius Union Assurance Co. Limited has four subsidiaries that work under it, Feber Associates Ltd, National Mutual Fund Ltd and Phoenix TransAfrica Holdings Ltd are fully owned subsidiaries. The Group also owns an 80% stake in Associated Brokers Ltd. Mauritius Union Assurance Co. Limited is listed on the Stock Exchange of Mauritius.last_img read more

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3 UK shares I’d buy for a passive income

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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. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Moneysupermarket.com and Primary Health Properties. 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 Rupert Hargreaves Image source: Getty Images 3 UK shares I’d buy for a passive income Enter Your Email Address Simply click below to discover how you can take advantage of this. I firmly believe buying UK shares is one of the best ways to generate a passive income. With that in mind, here are three UK shares I’d buy for my passive income portfolio today.UK shares to buy Before I begin, I should note that one of the big drawbacks of buying shares for income is that dividends are never guaranteed. There’s always going to be a risk that companies might have to cut their payouts to investors if profits fall.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…That’s just what happened at the height of the pandemic last year. When company profits collapsed, many businesses eliminated their shareholder payouts. As such, I’ll only include companies in my portfolio that have strong balance sheets, wide profit margins, and competitive advantages.While it’s never going to be possible to remove the risk of being subject to a dividend cut entirely, I believe I can improve my odds by focusing on the market’s best income stocks. And I believe two of the market’s best income stocks are Assura (LSE: AGR) and Primary Health Properties (LSE: PHP). Both own and manage healthcare facilities. This has to be one of the country’s most defensive industries. There’ll always be a need for healthcare in the UK, and sector professionals can’t just operate from any building. They need the proper facilities, and this is where Primary Health and Assura come into play. In my opinion, the defensive nature of the healthcare industry means both firms fit my dividend criteria. That’s why I’d buy both for a passive income today. Assura currently supports a dividend yield of 3.8%, and Primary Health yields 3.9%. These UK shares appear to be good income investments, but they’re not risk-free. There’s always going to be a risk that the government might take over these facilities and bring management in house. That would leave Both Assura and Primary Health with no income. If interest rates rise, these firms may also face higher borrowing costs, which could also curb shareholders returns. Despite these risks, I’d buy both UK shares for my passive income portfolio right now. Passive income buy The other company I’d buy for my passive income portfolio is Moneysupermarket.com (LSE: MONY). This one of the UK’s top tech companies. It’s revolutionised the market for financial services in the UK, giving consumers a vast amount of power.In times of economic turmoil, consumers tend to spend more time shopping around for better deals. That could benefit Moneysupermarket. The company may also benefit from the economic recovery. If the recovery results in higher wages for consumers, they may be willing to spend more on services like pet and life insurance. There may also be a higher demand for borrowing, which Moneysupermarket can help with. The main risk the company may have to deal with is the possibility of additional regulation. This could restrict the services it’s allowed to offer to customers, and that would hurt profits. Moreover, if profits decline, Moneysupermarket may have to cut its dividend. Nevertheless, with the above tailwinds, I think it has a bright outlook. That’s why I’d add it to my portfolio of UK shares for a passive income. At the time of writing, the stock offers a yield of 4.2%. center_img 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. We think that when a company’s CEO owns 12.1% of its stock, that’s usually a very good sign.But with this opportunity it could get even better.Still only 55 years old, he sees the chance for a new “Uber-style” technology.And this is not a tiny tech startup full of empty promises.This extraordinary company is already one of the largest in its industry.Last year, revenues hit a whopping £1.132 billion.The board recently announced a 10% dividend hike.And it has been a superb Motley Fool income pick for 9 years running!But even so, we believe there could still be huge upside ahead.Clearly, this company’s founder and CEO agrees. Learn how you can grab this ‘Top Income Stock’ Report now Rupert Hargreaves | Sunday, 9th May, 2021 | More on: AGR MONY PHP The Motley Fool UK’s Top Income Stock… Our 6 ‘Best Buys Now’ Shareslast_img read more

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Pierre Nkurunziza

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first_img Salva Kiir South Sudan Find out more Issaias Afeworki Eritrea Find out more Follow the news on Burundi Receive email alerts Teodoro Obiang Nguema Equatorial Guinea Find out more Predator Pierre Nkurunziza See more Help by sharing this information Paul Kagame Rwanda Find out more to go further BurundiAfrica BurundiAfrica Al-Shabaab Somalia Find out morelast_img

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Gardai investigate fire

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first_imgEmail Advertisement Facebook Twitter Print Previous articleMan injured in fireNext articleElderly man airlifted in rescue admincenter_img NewsLocal NewsGardai investigate fireBy admin – December 31, 2009 642 GARDAI are investigating a fire at a city centre flat in which a man in his thirties died. The fire began in a Georgian building on Cecil Street at around 9pm on Tuesday night.Brian Power Close (31) died after he landed on railings when he tried to jump from his fourth-floor flat in Upper Cecil Street, soon after the fire began.Sign up for the weekly Limerick Post newsletter Sign Up A woman who was rescued from the building was hospitalised suffering from smoke inhalation.  She remains in a stable condition in hospital. A full technical examination is to be carried out by gardai to determine the exact cause of the fire. Linkedin WhatsApplast_img read more

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Emergency Council meeting sought as first signs of thaw emerge

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first_img Guidelines for reopening of hospitality sector published Emergency Council meeting sought as first signs of thaw emerge RELATED ARTICLESMORE FROM AUTHOR Twitter There are signs of a thaw beginning today, although Met Eireann is indicating it will be several days before the big freeze is over.All primary and secondary schools remain closed until Thursday, with several other institutions remaining closed today.After announcing at the weekend that it is no longer salting and gritting the road at Meenaroy, Donegal County Council is reviewing its gritting programme today.Meanwhile, Cllr Frank Mc Brearty has written to Mayor Brendan Byrne and County manager Michael Mc Loone this morning, seeking a special council meeting.He says there are access issues which need to be urgently addressed. Newsx Adverts Google+ WhatsApp Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey By News Highland – January 11, 2010 LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Need for issues with Mica redress scheme to be addressed raised in Seanad alsocenter_img Twitter WhatsApp Previous articleNo let-up in Donegal water crisisNext articleTDs expenses back in spotlight as Blaney gets highest Donegal payment News Highland Facebook Facebook Google+ Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Calls for maternity restrictions to be lifted at LUH last_img read more

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Pike County youth place at invitational calf show

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first_img Pike County youth place at invitational calf show Remember America’s heroes on Memorial Day The Grand Champion Steer was shown by Mitchell Layfield of Tifton, Ga. and the Reserve Champion by Raven Beasley of Brewton.Logan Steed of Carrollton, Ga. showed the Supreme Champion Heifer and Clay McGuire of Auburn showed the Reserve Supreme Champion Heifer. In the Commercial Class, Reid McGuire of Auburn, showed the Grand Champion and Murdock Wynn of Moultrie, Ga. showed the Reserve Champion.“We were proud of the performances of all the young people,” said Tammy Powell, a member of the show committee. “Our Pike County young people did really well and will continue to improve as the year goes on. We were also pleased with the quality of the animals in the show and the quantity. This show had a lot of outstanding calves. “The judge, Lee Crump of Calhoun County, Ga., did a good job, not just judging the show, but working with the young people. The advice that he gave them will help them with future shows.”The Sixth Annual Pike County Invitational Steer and Heifer Show drew young people from Alabama, Florida and Georgia.“Florida and Georgia have different schedules for their shows and coming here gave their young people an opportunity to have some early experience in showing their animals,” Powell said. “This show was unusual in that the number of steers and heifers was about 50-50. Usually, this early in the year, most of the calves are heifers, probably, because the young people haven’t been working their calves that long and heifers are more docile and easier to manage in the ring.”Powell said the Pike County Cattlemen’s Association did an outstanding job of organizing and carrying out the annual Invitational steer and heifer show. Book Nook to reopen Pike County Sheriff’s Office offering community child ID kits Print Article Four Pike County youth placed in the Sixth Annual Pike County Invitational Steer and Heifer Show at Cattleman Park.Josh Graham of Brundidge placed second in the Class 23 weight class, while his sister, Morgan Graham, placed fourth in the Class 22 weight class. Trent Thomas of Goshen placed sixth in Class 23 with his steer.Thomas also placed second in Commercial Class 7 in the Heifer Show. Colton Johnson of Goshen placed fifth in Class 9 in the Commercial Heifer show. Commercial classes are based on the age of the animal. By Jaine Treadwell “Jeffrey Johnson, Don Spradley and Mark Graham took the lead with the show but the efforts of the committee and the entire Cattlemen’s association helped make the show such a great success,” Powell said. “The Pike County cattlemen and cattlewomen do so much to support our young people. What they do is not always out there on the forefront but it’s there. These two organizations are to be commended for their work with youth and their support of the Pike County community.” Latest Stories You Might Like Campground community to host ‘Fourth of July Parade’ The annual Campground Community Fourth of July Parade just might be a best-kept secret. But no longer. The parade will… read more Email the author Skip By Secrets Revealed Sponsored Content This Video Will Soon Be Banned. Watch Before It’s… Published 11:00 pm Monday, June 25, 2012 Plans underway for historic Pike County celebration Troy falls to No. 13 Clemson Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Factors controlling the last interglacial climate as simulated by LOVECLIM1.3

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first_imgThe last interglacial (LIG), also identified to the Eemian in Europe, began at approximately 130 kyr BP and ended at about 115 kyr BP (before present). More and more proxy-based reconstructions of the LIG climate are becoming more available even though they remain sparse. The major climate forcings during the LIG are rather well known and therefore models can be tested against paleoclimatic data sets and then used to better understand the climate of the LIG. However, models are displaying a large range of responses, being sometimes contradictory between them or with the reconstructed data. Here we would like to investigate causes of these differences. We focus on a single climate model, LOVECLIM, and we perform transient simulations over the LIG, starting at 135 kyr BP and run until 115 kyr BP. With these simulations, we test the role of the surface boundary conditions (the time-evolution of the Northern Hemisphere (NH) ice sheets) on the simulated LIG climate and the importance of the parameter sets (internal to the model, such as the albedos of the ocean and sea ice), which affect the sensitivity of the model. The magnitude of the simulated climate variations through the LIG remains too low compared to reconstructions for climate variables such as surface air temperature. Moreover, in the North Atlantic, the large increase in summer sea surface temperature towards the peak of the interglacial occurs too early (at ∼128 kyr BP) compared to the reconstructions. This feature as well as the climate simulated during the optimum of the LIG, between 131 and 121 kyr BP, does not depend on changes in surface boundary conditions and parameter sets. The additional freshwater flux (FWF) from the melting NH ice sheets is responsible for a temporary abrupt weakening of the North Atlantic meridional overturning circulation, which causes a strong global cooling in annual mean. However, the changes in the configuration (extent and albedo) of the NH ice sheets during the LIG only slightly impact the simulated climate. Together, configuration of and FWF from the NH ice sheets greatly increase the magnitude of the temperature variations over continents as well as over the ocean at the beginning of the simulation and reduce the difference between the simulated climate and the reconstructions. Lastly, we show that the contribution from the parameter sets to the climate response is actually very modest.last_img read more

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‘Dating app’ for house sharing tenants wins extra £24 million funding

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first_imgA Spanish smartphone app that enables tenants to meet up online and rent properties together via a ‘Tinder’ style matching platform has raised a further £24 million to develop and expand its service in the UK and beyond.Based in Barcelona, the extra cash has come from the same US investors behind challenger bank Monzo and Facebook.Called Badi, the app claims to streamline the process of finding roomies to share homes with by enabling them to complete a ‘matchmaking’ process via the app and apply for properties to rent.During the initial part of the process, tenants reveal information about their lifestyles and ideal property and roommates. They are then matched via a Tinder-style app, after which connected tenants can chat together before house hunting.In the UK Badi says it want to take market share from both more established rivals such as SpareRoom.com as well letting agents and Rightmove.The new cash brings Badi’s total raised so far to over £35 million.40,000 tenantsLaunched in April last year, the app says it already has 40,000 users in London and currently offers over 100 properties. It has also set up in several other European cities including Rome, Madrid and Milan.Badi has already been going for over three years in Spain and was founded by entrepreneur Carlos Pierre who graduated in 2014, worked for PWC as an auditor and then launched Badi in September 2015.“In every big market there are classic room renter platforms,” he says.  “The thing that we are offering is the user experience.”rental datingapp badi Carlos Pierre dating app Tinder January 11, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » ‘Dating app’ for house sharing tenants wins extra £24 million funding previous nextProptech‘Dating app’ for house sharing tenants wins extra £24 million fundingBarcelona-based Badi has already proved itself in Spain and has now landed in London, where it aims to steal market share from Spareroom, Rightmove and letting agents.Nigel Lewis11th January 201901,250 Viewslast_img read more

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