Slovakia urged to cut ‘prohibitive’ licence fees

first_img RGA calls for fee cut and change in sports betting policy Subscribe to the iGaming newsletter Regions: Europe Central and Eastern Europe Slovakia AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Legal & compliance Slovakia has been urged to cut its proposed licence fees and bring forward plans for online sports betting permits if it wants its regulated market to be a success.The Remote Gaming Association (RGA), a trade group that represents most of Europe’s leading online operators, believes many of its members will be attracted by the draft law outlined by Slovakia’s submission to the European Commission last week.The regulated market could be live by next March, with private companies able to compete against the state-owned TIPOS monopoly. However, the RGA is concerned that a fee of €3m for a single licence, which is at least 10 times higher than those available in a number of other European markets, will deter many operators.The RGA is also unhappy about Slovakia’s plans to delay sports betting licences until a year after the rest of the market is deregulated. iGamingBusiness.com understands it has petitioned both the European Commission and Slovakia’s Ministry of Finance about what it considers an anti-competitive provision that will simply give existing operators the opportunity to further their advantage.“We do have a number of concerns with the proposed text,” Pierre Tournier (pictured), the RGA’s director of government relations told iGamingBusiness.com.“Firstly, licensing fees are prohibitive and would possibly deter operators from applying for a licence, considering that Slovakia is not a major market in Europe.“Secondly, the text sets out a one-year black-out period for online sports betting. Online gaming licences (casino and poker) will be made available upon the entry into force of the text, which is planned for January 2019, whereas online sports betting licences will only be made available a year later.“We argue that this provision is discriminatory against European companies, is not based on sound public-policy objectives, and is effectively aimed to protect local sports betting licensees from competition.”In its submission last week, Slovakia’s Ministry of Finance, which will have responsibility for gambling, said it wants to “relax restrictions on access to the internet gambling market”. Companies with a base in Slovakia or another EU state are able to apply for a licence.Online operators would pay a 23% tax rate under the new regime, with various operational charges.The Slovakian authorities said they were inspired by European countries that have introduced new regulated gambling frameworks in recent years such as Denmark, Sweden, Romania and the Czech Republic.While it does have some reservations, the RGA welcomed Slovakia’s decision to regulate rather than block, after a year in which more than 200 gambling operators have been added to the country’s blacklist.“The Gambling Bill that is being put forward by the Slovak Government would set out a more workable and EU compliant set of regulation for the online gambling sector in Slovakia,” Tournier added.“It would regulate the whole online gambling sector (sports betting, casino, and poker), would provide for a 23% GGR tax on all products and remove the requirement to have an establishment in the country to apply for a licence. Therefore, this is undoubtedly an improvement.“Although we cannot foresee what individual companies will ultimately do, there is definitely some interest among the RGA members for the Slovak market.” Slovakia urged to cut ‘prohibitive’ licence fees Tags: Online Gambling Topics: Legal & compliance Sports betting 30th July 2018 | By contenteditor Email Addresslast_img read more

Bragg sets out aggressive North American expansion plans for 2021

first_img“Our successful achievement of the key objectives we set earlier in 2020 has allowed us to move ahead with our global plans more quickly than we’d anticipated,” said Adam Arviv, who was named Bragg CEO in December 2020.  Topics: Casino & games Legal & compliance Sports betting Online casino Product & technology Licensing Online sports betting Product & technology Bragg sets out aggressive North American expansion plans for 2021 Read the full story on iGB North America. It finalized its acquisition and the related earn-out of slot specialist Oryx Gaming outright in November last year. Bragg’s balance sheet has been strengthened by the full conversion of accelerated warrants to give it CAD$40.0m (£22.9m/€25.9m/$31.4m) of cash, while its board has been strengthened by the appointment of Godfrey and former SBTech CEO Richard Carter.  Online casino Bragg’s growth strategy is predicated on filing for B2B supplier licenses in all other states where igaming is regulated, as well as in Canada once legislation permits.  Subscribe to the iGaming newsletter In a corporate update, Bragg said it would ramp up investment in its technology, regulatory and compliance, and business development teams to ensure it could tap into new US and Canadian revenue streams.  The supplier explained that this expansion strategy had been facilitated by the business achieving a number of key strategic objectives.  It aims to launch its B2B igaming technology platform and casino content aggregator in all territories that permits legal online gambling. It is in the process of applying for B2B supplier licenses in New York – where it will collaborate with Kambi to power betting at Seneca Gaming Corporation’s casinos – and New Jersey.  Its shares will also debut on the Toronto Stock Exchange later today (January 27), having previously traded on the Toronto Venture Exchange. Tags: Bragg Gaming Group 27th January 2021 | By Robin Harrison Regions: Canada UK & Ireland US iGaming software provider Bragg Gaming Group aims to rapidly expand throughout the US and Canada in the year ahead, while continuing to strengthen its presence in the supplier’s core European market. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter This will be accompanied by efforts to expand into Canada – where Bragg is based – following news that Ontario is preparing to liberalize its igaming market. This will be supported by the appointment of former Ontario Lottery and Gaing Corporation chair Paul Godfrey to its board. Email Addresslast_img read more

Axa Mansard Insurance Plc (MANSAR.ng) 2014 Abridged Report

first_imgAxa Mansard Insurance Plc (MANSAR.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2014 abridged results.For more information about Axa Mansard Insurance Plc (MANSAR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Axa Mansard Insurance Plc (MANSAR.ng) company page on AfricanFinancials.Document: Axa Mansard Insurance Plc (MANSAR.ng)  2014 abridged results.Company ProfileAXA Mansard Insurance Plc is an insurance and asset management company in Nigeria. The company offers solution products for motor, life, travel, education and commercial insurance as well as financial advisory services, portfolio and risk management services and investment consulting services. AXA Mansard Insurance Plc’s head office is in Lagos, Nigeria. AXA Mansard Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Unilever Nigeria Plc (UNILEV.ng) 2018 Annual Report

first_imgUnilever Nigeria Plc (UNILEV.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2018 annual report.For more information about Unilever Nigeria Plc (UNILEV.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Unilever Nigeria Plc (UNILEV.ng) company page on AfricanFinancials.Document: Unilever Nigeria Plc (UNILEV.ng)  2018 annual report.Company ProfileUnilever Nigeria Plc manufactures and markets a range of food and food ingredients as well as home and personal care products for the wholesale and retail sectors in Nigeria. Its product portfolio encompasses toothpastes, soaps, washing detergents, dish washing liquids, baby products, lotions and petroleum jelly, margarine, tea and bouillon cubes. Well-known brands include Close-up and Pepsodent toothpaste; Lux, Lifebuoy and Rexona soap; Vaseline lotions and petroleum jelly; Lipton tea, Knorr and Royco bouillon cubes and flavouring; Sunlight dishwashing liquid; Omo washing powder and Pears baby products. Founded in 1923 and formerly known as Lever Brothers (West Africa) Limited, the company changed its name to Unilever Nigeria Plc in 2001. Unilever Nigeria Plc is a subsidiary of Unilever Overseas Holdings BV. The company’s head office is in Lagos, Nigeria. Unilever Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Ireland name side to take on England

Paul O’Connell and Shane Jennings during trainingThe Ireland team to play England in the final game of the Guinness Summer Series at the Aviva Stadium on Saturday August 27th (14:30), has been named and there are a number of changes to the starting XV that played last weekend against France.In the backline Geordan Murphy comes in at fullback to win his 70th cap with Tommy Bowe making his first start of the series on the wing. Andrew Trimble completes the back three. Keith Earls will start alongside Gordon D’Arcy in the centre while Ronan O’Gara and Eoin Reddan form the halfback partnership.Up front Jerry Flannery is named at hooker alongside Cian Healy and Mike Ross. Donncha O’Callaghan and Paul O’Connell are paired in the second row for their 40th start together in green with O’Connell named as captain. Stephen Ferris and David Wallace both start for the first time in August with Jamie Heaslip completing the backrow trio. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Ireland’s rugby union national team center Gordon D’Arcy (C) passes the ball next to lock Paul O’Connell (R) during a training session on August 19, 2011 at the Aviva Stadium in Dublin, on the eve of the friendly rugby union test match Ireland vs France. AFP PHOTO / FRANCK FIFE (Photo credit should read FRANCK FIFE/AFP/Getty Images) Ireland Starting XV15 – Geordan Murphy (Leicester)14 – Tommy Bowe (Ospreys)13 – Keith Earls (Young Munster/Munster)12 – Gordon D’Arcy (Lansdowne/Leinster)11 – Andrew Trimble (Ballymena/Ulster)10 – Ronan O’Gara (Cork Constitution/Munster)9 – Eoin Reddan (Lansdowne/Leinster)1 – Cian Healy (Clontarf/Leinster)2 – Jerry Flannery (Shannon/Munster)3 – Mike Ross (Clontarf/Leinster)4 – Donncha O’Callaghan (Cork Constitution/Munster)5 – Paul O’Connell (Young Munster/Munster) Captain6 – Stephen Ferris (Dungannon/Ulster)7 – David Wallace (Garryowen/Munster)8 – Jamie Heaslip (Naas/Leinster)Replacements:16 – Rory Best (Banbridge/Ulster)17 – Tom Court (Malone/Ulster)18 – Donnacha Ryan (Shannon/Munster)19 – Denis Leamy (Cork Constitution/Munster)20 – Conor Murray (Garryowen/Munster)21 – Jonathan Sexton (St. Mary’s College/Leinster)22 – Fergus McFadden (Old Belvedere/Leinster) read more

Law enforcement agencies warn of scam using Facebook Messenger

first_imgShare on Facebook Tweet on Twitter TAGSFacebookLaw EnforcementMessengerScam Alert Previous articleApopka Burglary ReportNext articleDeSantis and DOH urge Floridians to avoid the “Three Cs” and wear a mask; promotes mobile app for COVID Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here Support conservation and fish with NEW Florida specialty license plate The Anatomy of Fear Please enter your comment! Save my name, email, and website in this browser for the next time I comment. You have entered an incorrect email address! Please enter your email address here Scam Alert:According to multiple law enforcement agencies across the US, scammers are sending messages via fake or hacked accounts on social media and suggesting residents should apply for Workers and Youth, Retired, Old, and Disabled Compensation Appeal Board Federal Government Trust Fund (WRCAB).Residents who have received phone calls or Facebook messenger texts, state that scammers are promising to provide large cash payouts, but ask for gift cards or wire transfers of money orders in order to complete the application process.One resident in Apopka had her Facebook messenger hacked and messages were sent to some on her friends list. The messages started with a general “Hello” at 1:30am… then later “How are you doing?”… which led to “Have you heard the news?”… and increased from there to inviting the friend to check out a website, make a call, text… leading to more involvement. Thankfully her family and friends shared what was going on and she was able to get it resolved before any more serious damage was done.Law enforcement agencies are reminding residents that no legitimate government or private organization that provides benefits or services asks for payments upfront in order to provide benefits.If you are unsure if you are involved in a scam, contact the police department before sending money. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 LEAVE A REPLY Cancel replylast_img read more

AMA handles £2 million of donations for tsunami appeals

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Valerie Sullivan of AMA said: “our staff are very experienced in working on heart-wrenching campaigns but the sheer enormity of the disaster really touched their hearts. Donors too seemed very affected and often wanted to talk, or needed information. We also received calls from child sponsors very distressed and seeking updates on their specific child. All of these calls obviously required sensitive handling and re-direction.” AMA handles £2 million of donations for tsunami appeals Howard Lake | 7 January 2005 | Newscenter_img Tagged with: Consulting & Agencies Giving/Philanthropy Individual giving Research / statistics  31 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Total fulfillment service AMA Charity Services has handled almost £2 million worth of donations to charities’ tsunami appeals, including a single anonymous gift of £50,000.Northern Ireland-based AMA answered 40,000 calls from 26 to 31 December 2004, an increase of 400% on the same period in 2003.AMA represents international charities including UNICEF, Concern, World Vision and MSF, and therefore it was inevitable AMA would be heavily involved in the appeal. Along with many in the sector AMA Directors cancelled their holiday plans to ensure the call centre could handle the anticipated volume of calls. Advertisementlast_img read more

Interxion Sponsors Futures For Kids’ Charity Poker Night

first_imgInterxion Sponsors Futures For Kids’ Charity Poker Night  51 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 17 September 2009 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: corporate Eventscenter_img “It’s a great honour to be able to support such a good cause,” said Greg McCulloch, Interxion UK MD. “Over the past 12 months we have developed a range of new products and services for the finance sector, especially the trading community, and it’s a real pleasure to be involved in a marketing sponsorship which can also make a difference to children’s lives.”– ends-About InterxionInterxion is a leading European provider of carrier-neutral data centres. Headquartered in Schiphol-Rijk, The Netherlands, Interxion serves its customers from 24 carrier-neutral data centres located in 13 cities across 11 European countries. Interxion serves network and carrier-based, hosting and enterprise customers who require professionally managed and strictly controlled physical environments within which to operate mission-critical applications and computer systems. Interxion’s data centres offer cost-effective and fast access to multiple local and global communication networks.Further informationFor more information please visit www.interxion.comPress enquiries:Richard Merrin / Richard WarnerSpreckley Partners0207 388 [email protected] / [email protected] Interxion, a leading European operator of carrier-neutral data centres, today announced its sponsorship of the annual Futures For Kids Poker Night event (http://www.futuresforkids.org.uk/events), taking place at The London Capital Club on 17th September 2009.Futures For Kids, a charity set up last year by representatives from the futures and options industry, is holding its second annual Poker Night. Last year’s event was a huge success, with nearly 150 people coming together for competitive games of poker, and this year almost 200 players are expected to take to the tables to raise money for the organisation’s three chosen charities – Demelza House, EveryChild and HopeHIV.Demelza House is a children’s residential hospice in Kent, East Sussex and South London providing a wide range of services to life-limited children. EveryChild is committed to protecting the rights of the world’s most vulnerable and marginalized children, and HOPEHIV seeks to offer children in Sub-Saharan Africa who have been affected or infected by HIV/AIDS the love, protection and support they need to build foundations of hope for the future within their communities. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Foreclosure Law and Attorney Fees

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Foreclosure Law van ness 2019-04-22 Seth Welborn The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, News April 22, 2019 1,751 Views Home / Daily Dose / Foreclosure Law and Attorney Fees In the event that the borrower prevails in a foreclosure case, servicers need to minimize their exposure to prevailing party attorney’s fees. One strategy is, if applicable, using the “standing” defense premised on the fact if the plaintiff did not have standing to foreclose, they cannot in turn use the mortgage agreement fee provision(s) against them.The above standing argument is developing and has been tested in a number of appellate actions, one of which had reached the Florida Supreme Court. At the district court of appeal level in Nationstar v. Glass, 219 So. 3d 896 (Fla. 4th DCA 2019), the court had agreed with the servicer and found that the borrower’s having prevailed on standing meant they was no privity of contract and they were estopped from claiming they were entitled to contractual attorney’s fees.The case went up to the Florida Supreme Court as Glass v. Nationstar Mortgage, LLC, Case No. SC17-1387 (Fla. Jan. 4, 2019). The Court reversed the district court of appeal reasoning that the contract may have been unenforceable as opposed to being nonexistent between the parties. This opinion led to a rush to distinguish the facts at issue in multiple trial and appellate cases throughout the state.However, the Florida Supreme Court had revisited its opinion. Today, April 18, 2019, the Florida Supreme Court announced that its opinion is withdrawn and a substitute opinion would stand in its place. That substitute opinion expresses the Court “initially accepted review of the decision of the Fourth District Court of Appeal in Nationstar Mortgage LLC v. Glass, 219 So. 3d 896 (Fla. 4th DCA 2017), based on express and direct conflict….” The Court then explains that, “Upon further consideration, we conclude that jurisdiction was improvidently granted.”Inasmuch as there was no conflict jurisdiction for the review, the Court dismissed the proceeding. Because the original opinion was substituted with a dismissal for lack of jurisdiction, there is no longer a Florida Supreme Court decision of the matter. The original district court opinion in Glass may once again be relied on as authority. Servicers should note that the arguments advanced by the Florida Supreme Court in its January opinion have not been found invalid; instead, the Court has provided that it should not have issued its opinion in this case. In the future, the Court may in fact find that it has jurisdiction to issue a substantially similar opinion, once again causing greater uncertainty with regard to fee liability. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago About Author: Van Ness Attorneys Share Save Servicers Navigate the Post-Pandemic World 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: How Home Insurance Premiums Are Weathering Natural Disasters Next: Northpointe Bank Appoints New SVP Van Ness Attorneys aka Van Ness Law Firm is a South Florida law firm located in Deerfield Beach and Miami with its roots representing the loan servicing industry handling Foreclosures, creditor-side bankruptcy, eviction and litigation. Anthony Van Ness Van Ness sits on the Legal League 100 Advisory Board and the law firm is also a certified minority owned business. The Best Markets For Residential Property Investors 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Foreclosure Law van ness Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Foreclosure Law and Attorney Fees Related Articles Sign up for DS News Daily last_img read more

CFPB’s Constitutionality at Stake

first_img Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / CFPB’s Constitutionality at Stake  Print This Post The U.S. Supreme Court has agreed to hear the appeal of a California law firm that argues the Consumer Financial Protection Bureau is unconstitutionally structured, positioning the justices to settle longstanding questions surrounding the legitimacy of the independent agency.The law firm, Seila Law, alleges that the structure of the agency grants too much power to its director. According to court papers, given the CFPB’s broad law enforcement powers, the fact that the president may only remove the director of the CFPB “for inefficiency, neglect of duty, or malfeasance in office” is unconstitutional. In May, the CFPB beat Seila Law before a panel of the 9th U.S. Circuit Court of Appeals.“Seila Law contends that an agency with the CFPB’s broad law-enforcement powers may not be headed by a single Director removable by the President only for cause. That argument is not without force,” Circuit Judge Paul Watford wrote for the court.CNBC reports that a decision in the case is likely by the end of June.Last year, in a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the District of Columbia Circuit ruled in January 2018 that the CFPB’s structure is constitutional and that the director of the agency can only be fired by the president for “inefficiency, neglect of duty, or malfeasance in office.”The court’s ruling read, in part, “None of the theories advanced by PHH supports its claim that the CFPB is different in kind from the other independent agencies and, in particular, traditional independent financial regulators.”On the subject of whether the CFPB director can be removed by the president without cause, the ruling read, “The CFPB’s authority is not of such character that removal protection of its Director necessarily interferes with the President’s Article II duty or prerogative. The CFPB is neither distinctive nor novel in any respect that calls its constitutionality into question. Because none of PHH’s challenges is grounded in constitutional precedent or principle, we uphold the agency’s structure.” CFPB’s Constitutionality at Stake Related Articles Share 1Save Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Previous: HUD’s Carson: Opportunity Zones Helping Foster Partnerships Next: Zombie Homes: The ‘Post-Housing Crisis Hangover’ Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: CFPB in Daily Dose, Featured, Government, News The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago October 18, 2019 1,157 Views Sign up for DS News Daily CFPB 2019-10-18 Seth Welbornlast_img read more