McInerney folds seven firms

first_imgTuesday 5 April 2011 7:28 pm Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Show Comments ▼ whatsapp KCS-content center_img Tags: NULL McInerney Holdings Group has put seven of its UK units into administration, with the housebuilding group blaming the continuing poor health of the property market. The companies affected by the administration include McInerney Group, McInerney Homes, Alexander Developments (North East), Lancing Homes, Gold Homes, William Hargreaves and Bowey Homes. Several building projects in the Midlands and north of England were immediately put on hold. Richard Heis, Brian Green and Paul Dumbell of KPMG have been appointed as administrators and are looking at forming a number of deals to manage the transfer and continuation of some development sites. Heis said the difficult economy had limited the company’s ability to function without the support of additional finance. The seven companies employ a total of 161 staff members for 32 development sites. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald McInerney folds seven firms last_img read more

Protests mar BP’s meeting

first_img Protests mar BP’s meeting whatsapp Thursday 14 April 2011 9:05 pm KCS-content BP management faced angry protests from shareholders yesterday, as investors concerned about Russian deals, tar sands projects and the Gulf of Mexico disaster gave the company a bloody nose in the annual vote. BP said yesterday that prospective Russian partner Rosneft has given the firm more time to clear the path for its £10bn share swap, though bosses yesterday remained cautious. Chief executive Bob Dudley confirmed that BP had offered to buy out Russian partner AAR to allow its deal with Rosneft to go ahead, while chairman Carl-Henric Svanberg conceded: “I don’t think it would be a possibility to bring them on side more than we thought we had.”Dudley said the relationship with AAR “is not dysfunctional, it’s noisy. Our relationship is very good with Rosneft, and with TNK, it’s not personal. It’s business.”Svanberg stressed that Russia remains a key part of BP’s strategy, pointing out that the TNK-BP project has delivered $16bn (£9.8bn) in dividends since it was formed in 2003. A sizeable minority of shareholders – 11 per cent – voted against BP’s director remuneration report, while five per cent rejected its annual report, compared with last year when 91 and 99.8 per cent of voters approved the respective resolutions. BP’s first AGM since the Gulf disaster last April drew dozens of vocal protestors. Svanberg told the meeting that five shareholders lobbying for the rights of Gulf fisherman had been barred from entry, while four people shouting against BP’s Canadian tar sands projects were dragged out of the ExCel centre by security. Share whatsappcenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: NULLlast_img read more

Playtech agrees Fortuna and IWG deals

first_img Topics: Tech & innovation 27th November 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tech company helped to boost total stakes at Fortuna to €2bn in 2017 Tech & innovation Playtech has expanded its existing supply agreement with Eastern European operator Fortuna Entertainment Group, and added IWG games to its bingo offering.The gaming solutions giant will integrate its IMS player management platform across all Fortuna brands in the Czech Republic, Croatia, Poland, Romania and Slovakia.The new agreement builds on a relationship that began in August 2016, through which Playtech has been powering Fortuna’s omni-channel offering in the Czech Republic and Romania. This has seen the supplier deploy its gaming platform and single wallet solution for the business.“This is a significant agreement for Playtech and [Fortuna],” Playtech chief operating officer Shimon Akad said. “The extension and expansion of our partnership highlights both the success we’ve had, and the further growth we see ahead.“This is a perfect example of how Playtech technology leads the way when it comes to enabling operator growth across regulated markets, and a further reflection of our role as the infrastructure of the industry.”In 2017, Fortuna, which focuses its betting and gaming services on the Central and Eastern European region, reported a 93% year-on-year increase in total stakes to €2bn (£1.8bn/$2.3bn), driven primarily by online growth.“When we first partnered with Playtech, we stated our aim was to become the leading betting and gaming operator in the Central and Eastern Europe region,” Fortuna group chief executive Per Widerström said.“Having achieved this ambition, we will continue looking to grow and build our offer further in new and existing regulated markets,” he continued. “Our close partnership with Playtech will continue to be crucial in delivering on this strategy and delivering an industry leading omni-channel approach to our players.”In related news, Playtech has integrated gaming content from IWG onto its Playtech Bingo Network in a move that it said will significantly enhance its instant win product range.The new deal will enable operators across the bingo network to access a range of IWG games, including titles from its popular Cash Buster series.Rhydian Fisher, CEO at IWG, said the new partnership will enable the company to pursue further expansion for its commercial business.“Playtech has a wide network of operators and opens the door for us to expand our international presence while also greatly improving their instant win portfolio with our award-winning content,” IWG CEO Rhydian Fisher commented. The supplier’s managing director of bingo Angus Nisbet said that the deal saw IWG become one of the first content providers in the industry to take advantage of its new content aggregation solution, the Playtech Open Platform.“We are thrilled about this partnership, as it exemplifies Playtech’s mission with this new platform – to drive innovation in the gaming industry and provide unparalleled access and capabilities to users,” Nisbet explained. “We look forward to sharing IWG’s hugely popular catalogue with our partners.”center_img Playtech agrees Fortuna and IWG deals Tags: Mobile Online Gambling Subscribe to the iGaming newsletter Email Addresslast_img read more

Sports Minister revives mandatory levy threat

first_img Regions: UK & Ireland New Sports Minister Mims Davies has revived the threat of a mandatory levy on gambling operators, should the existing voluntary donations system fail to adequately support problem gambling services.Davies (pictured) welcomed a “substantial increase” in industry donations to problem gambling treatment bodies this year, in a speech at the GambleAware conference in London – her first major intervention on gambling since replacing Tracey Crouch last month.Figures published in July show that operators’ donations trebled year-on-year in the three months to June 30, with Davies citing the new GambleAware-funded NHS clinic and Problem Gambling Support Team in Leeds as evidence of improvements in care.Maintaining that the Government wants the sector to “generate employment and investment”, she said it is essential that operators continue to meet expectations prescribed by the Gambling Commission in its Licence Conditions and Codes of Practice.“I am pleased to see a substantial increase in industry donations this year to help tackle problem gambling,” she told delegates. “This is vital work to ensure support for those who experience harm.“We want the voluntary system to work – but if it doesn’t, we do not rule out other ways of funding support, including a mandatory levy.“The profits of gambling operators aren’t my prime concern. Ensuring problem gamblers have access to the right treatment is.”The donation-based system that funds GambleAware was proposed under the 2005 Gambling Act. UK-facing operators are asked to donate annually a minimum of 0.1% of their annual gross gambling yield directly to the charity.In a further update on how the government is looking to reduce problem gambling-related harm, Davies said discussions continue as to whether there should be a ban on the use of credit cards in gambling transactions. With the FOBT maximum stake reduction now confirmed for April, the Minister said operators are “expected to mitigate the employment impacts and provide support to those who are affected by any job losses.”Davies added that she and Minister for Digital Margot James will meet with gambling and technology executives next week to discuss technological solutions that could help protect vulnerable people from gambling-related harm.“This includes building our understanding of how online advertising is actively targeted away from children as the rules require, as well as understanding the opportunities for using new technology to strengthen player protections online,” she said.“As the gambling industry continues to evolve and adopt new technologies, we need to keep pace in terms of regulation and protecting players.“Let me be clear, I expect industry to take action where they believe harm is taking place and I expect them to take steps to minimise it.”In July, GambleAware said it was making “good progress” towards funding its £16m (€18m/$21m) spending plan after seeing a spike in voluntary donations from the industry.The UK charity, which called for a statutory levy last year in response to poor donation figures, received £2.8m during the three months to June 30, which was almost treble the approximately £1m in the same period last year.Image: Gov.uk 7th December 2018 | By contenteditor Legal & compliance Sports Minister revives mandatory levy threat Mims Davies issues warning over donations and credit card spending in first major speech on gambling since replacing Tracey Crouchcenter_img Subscribe to the iGaming newsletter Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliancelast_img read more

Swedish regulator fires self-exclusion scheme warning

first_img Subscribe to the iGaming newsletter Legal & compliance Tags: Online Gambling Email Address Swedish regulator fires self-exclusion scheme warning AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Two companies face major sanctions unless they rectify compliance issues Regions: Europe Nordics Sweden Two licence holders in the newly-regulated Swedish iGaming market have been accused by the Spelinspektionen of allowing people who have signed up to the regulator’s self-exclusion scheme to continue accessing gambling websites.The regulator confirmed to iGamingBusiness.com today (January 8) that letters had been sent to Genesis Global Ltd and AG Communications Ltd, a subsidiary of Aspire Global, both of which are licensed to operate multiple websites in the country.The companies have been warned that they face serious sanctions unless they can provide an adequate explanation by January 10 of why they have failed to comply with the self-exclusion scheme’s requirements so far. They must also confirm when and how the matter will be rectified, the authority added.More than 10,000 people have now signed up to the Spelpaus.se initiative, which was introduced in the country to coincide with re-regulation of the online betting and gaming market on New Year’s Day.The scheme allows individuals to ask for their access to gambling websites to be blocked for a certain length of time whilst simultaneously ensuring they are not targeted by relevant direct marketing.Spelpaus.se gives users the option of signing up to be excluded for one month, three months, six months or until further notice – an option that runs for a minimum of one year. The vast majority of those who have signed up so far have opted for the longest blackout period, the watchdog said, before adding that such shutdowns “cannot be undone, altered or terminated prematurely”.AG Communications’ licensed websites are listed as: Karamba.com, hopa.com, mrplay.com, goliathcasino.com, spinson.com, magicred.com, toptally.com, barbadoscasino.com, lanadas.com, casinoluck.com, vikingslots.com, primeslots.com and slotjerry.com.Genesis Global’s licensed websites are listed as Casinojoy.com, spel.com, casinocruise.com, spinit.com, sloty.com, genesiscasino.com, vegashero.com, pelaa.com and casinogods.com.The regulator said that those which had failed to comply so far had seemingly not checked the Spelpaus.se registry before allowing their customers to play, and failed to ensure an active connection to Spelpaus.se was in place.“In recent days we have investigated what this is due to, and have found that everything seems to work well with the system,” the regulator’s communications manager, Anders Sims, said. “But for some reason there are a handful of gaming companies that do not meet the requirements set out by law.”The authority added that measures will be taken if the problem is not resolved shortly there has been no indication as to the sanctions each licensee may face.“The next step really depends on what response we receive by January 10,” Sims told iGamingBusiness.com.Speaking more broadly about the number of sign-ups to the scheme so far, Sims said: “Gambling abuse is a widespread social problem, so it is positive that so many people have found the new service and use it as a tool to refrain from gaming and avoiding direct advertising from the gaming companies.” 8th January 2019 | By contenteditorlast_img read more

BetWarrior selects Omega Systems as platform provider

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter New online gaming brand BetWarrior has deployed Omega Systems’ Omega Core platform as it prepares for the launch of its new igaming offering.BetWarrior, launched by PokerStars veterans Morten Tonnesen and José del Pino, will now use the platform for the central management of multiple gaming and payment providers.The brand will have complete control of its gaming platform, with the ability to handle player account management, responsible gaming, regulatory reporting, payment management, and sportsbook and casino integrations across providers.“This partnership with Omega Systems is an important step in the development of BetWarrior,” Tonnesen said. “Our fully native platform is a game-changer for an industry that has, until now, struggled to capitalise on the opportunities presented by mobile.“Omega matches our own approach to technology,” he continued. “The team has worked with agility and efficiency to deliver a seamless integration ahead of schedule, and we look forward to building a long-lasting relationship.”Jim Godsell, chief executive of platform development specialist Omega Systems, added: “The Omega Core platform has been developed with fast-moving and ambitious operators such as BetWarrior in mind.“The tools it provides will allow BetWarrior to accelerate its growth and adapt to market challenges across multiple jurisdictions.”The roll-out marks the latest in a series of deals announced by BetWarrior since unveiling the new brand.Earlier this month, BetWarrior entered a partnership with EveryMatrix, under which it will gain access to a range of gaming content on the CasinoEngine Direct solution.Last month, BetWarrior also agreed a deal with Kambi to roll out a new sports betting service. Email Address 25th July 2019 | By contenteditor Topics: Tech & innovation BetWarrior selects Omega Systems as platform providercenter_img New online gaming brand BetWarrior has deployed Omega Systems’ Omega Core platform as it prepares for the launch of its new igaming offering. Tags: Online Gambling Subscribe to the iGaming newsletter Tech & innovationlast_img read more

Mobile betting powers record PA sportsbook handle

first_img Tags: Fantasy Sports Mobile Online Gambling Race Track and Racino DFS Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39.0m and overtook retail figures for the first time. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 16th August 2019 | By contenteditor Email Address Mobile betting powers record PA sportsbook handle Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39m and overtook retail figures for the first time.Pennsylvania sportsbooks took in $5.1m in revenue from betting – which declined to $2.9m after promotional credits (bonuses) – and paid $969,727 in taxes.The amounts wagered broke the previous record set in June – the month in which online sports betting first launched – of $46.3m.The market has significantly benefitted from the online roll-out, which accounted for $2.9m of total revenue, despite only four operators having launched in the channel. However operators spent $2.2m promotional credits, which ate up the bulk of online revenue, leaving $665,798.Rush Street’s SugarHouse Casino led the market in July, accounting for $26.5m of amounts wagered, and $540,766 of revenue after bonuses. Having been the first to launch online wagering in the state in May, it continued to dominate the channel.Online handle for the month amounted to $22.2m, with revenue of $1.5m representing a 22.2% month-on-month increase, helped by the launch of the state’s first iOS betting app.Read the full story on iGB North America. Topics: Finance Sports betting DFS Horse racing Regions: US Pennsylvanialast_img read more

Australian government prepares self-exclusion bill

first_img Tags: Online Gambling Regions: Oceania Australia Australian government prepares self-exclusion bill Subscribe to the iGaming newsletter Legal & compliance Australia’s government will introduce legislation to create a national self-exclusion register for citizens, the latest stage in the ongoing implementation of the country’s National Consumer Protection Framework. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 25th November 2019 | By Daniel O’Boyle Australia’s government will introduce legislation to create a national self-exclusion register for citizens, the latest stage in the ongoing implementation of the country’s National Consumer Protection Framework.The decision follows the release of the results of the baseline study, also conducted as part of the framework’s implementation, which found that as many as 52% of bettors were at risk of gambling harms.“As much as possible Government policy should preserve Australians’ ability to enjoy a punt while putting in place sensible and targeted measures to prevent and support gamblers facing significant risks of harm,” Minister for Families and Social Services Anne Ruston said.“It is a measure that we believe will motivate gamblers to have periods where they do not gamble online at all as a way of changing their behaviour and minimising the risk they face of gambling-related harm.”With the register, players will be able to exclude themselves from online gambling for a period from three months to permanently. When a player self-excludes, all funds in their account will be returned after any remaining bets are settled and their accounts will be closed.The costs of setting up the register will be paid by funds collected from gambling operators, ”to ensure they contribute their fair share and encourage them to provide safe environments for their customers,” the Department of Social Services said.The Australian Communications and Media Authority (ACMA) will be responsible for the implementation of the register. Earlier this month, the ACMA issued its first blocking orders to casinos, requesting internet service providers block access to Emu Casino and Fair Go Casino for offering online casino-style games, which are prohibited under the Interactive Gambling Act 2001.“This legislation is an important step to help Australian gamblers minimise their risks. Once the Register is operational ACMA will regulate licensed interactive wagering providers so they comply with the legislation and make sure people receive the support they need,” Minister for Communications, Cyber Safety and the Arts Paul Fletcher said.The baseline study found that 52% of participants, all of whom had placed a real-money bet online in the last 12 months, were classified as being at risk of or already experiencing gambling-related harm. A total of 18% of respondents reported regrets that made them feel sorry about their gambling.The study also revealed that 35% of respondents had not employed any strategies to limit their involvement in betting, 39% had monitored how much money they spent betting and 34% had ‘set limits for how much they can spend each week.Respondents said that the most useful consumer protection features they encountered were regular financial statements, clear information about terms and conditions, deposit limits, and spending limits.In addition, 13% of respondents to the study reported having specifically chosen to open an account with an offshore provider at some point.The moves to create a National Consumer Protection Framework date back to 2015, when the O’Farrell Review of the country’s gambling industry found that there was “inconsistent application of regulatory controls and measures to protect Australian consumers” in place.In December 2018, Australia’s six state governments formally committed to launching a national consumer protection policy, as the federal government drew up a 10-point action plan on consumer protection.In May, Victoria became the first state to implement the new controls, under which online betting operators must comply with requirements for betting account deposit limits, restrictions on direct marketing and a ban on perks that encourage consumers to continue betting. Topics: Legal & compliance Sports betting Email Addresslast_img read more

Penn National selects White Hat Gaming as platform provider

first_img Tags: Mobile Online Gambling Regions: US Topics: Casino & games Sports betting Tech & innovation Casino & games Penn National Gaming has selected Malta-based supplier White Hat Gaming to provide a player account management platform as it prepares to launch real-money betting in multiple states across the US.The operator is aiming to leverage its land-based presence to make a push to become a leading sports betting operator in the market, having selected Kambi as its sportsbook technology partner in July this year. This solution will be integrated with the White Hat platform, with the first state launches scheduled for the third quarter of 2020.The supplier’s chief executive Phil Gelvan said it was an “honour” to be selected as a supplier to an operator of Penn National’s size and reputation following a competitive tender process.“In Penn National, we have found an ideal partner, who share our passion for the consumer gaming experience and are committed to the highest standard of regulation,” Gelvan explained. Read the full story on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 2nd December 2019 | By contenteditor Penn National Gaming has selected Malta-based supplier White Hat Gaming to provide a player account management platform as it prepares to launch real-money betting in multiple states across the US. Penn National selects White Hat Gaming as platform provider Subscribe to the iGaming newsletter Email Addresslast_img read more

BetMGM partners SportCaller for new trivia game

first_img Regions: US Casino & games 21st April 2020 | By Daniel O’Boyle Topics: Casino & games Social gaming Free-to-play games provider SportCaller has agreed a deal with BetMGM to provide a series of daily trivia games to the operator. BetMGM partners SportCaller for new trivia gamecenter_img Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Free-to-play games provider SportCaller has agreed a deal with BetMGM to provide a series of daily trivia games to the operator.The games will feature 10 questions, with a 10-second time limit each, with a $500 prize for winners. The prize is shared if there are multiple winners.Sportcaller said that the time limit, alongside “varied question-alternating functionality and a deep well of topical historical data”, offer protection against manipulation of the game.SportCaller said the move was part of a “softer marketing strategy” for BetMGM during the novel coronavirus (Covid-19) crisis with the intention of building brand loyalty until live sports return.Read more on iGB North America.last_img read more