Qantas to resume A380 to LA

first_img whatsapp Qantas to resume A380 to LA More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Show Comments ▼ KCS-content QANTAS Airways hopes to resume Airbus A380 flights between Australia and Los Angeles from mid-January, as Rolls-Royce finalises its investigation into the cause of a mid-flight engine explosion on one of the aircraft last year.Qantas said yesterday it hoped to resume normal A380 operations from 17 January, but would still need the go-ahead from Australia’s aviation regulator before flying the superjumbo aircraft on the lucrative route.Qantas has been in talks with Rolls-Royce since one of the A380 engines disintegrated mid-flight in November, forcing the airline to initially ground its fleet of the aircraft. It has since resumed A380 flights to London but was not flying the aircraft on the longer Los Angeles route.The Australian airline said it expected to have eight A380 aircraft in the air by early February, up from five. It is scheduled to take delivery of a new A380 aircraft in mid-January and another new aircraft by early February. A third A380 grounded in Sydney is also due to be operating by mid-January.Aviation sources said Rolls-Royce had found the cause of the explosion, which was related to problems inside a pipe that feeds oil to the engine’s turbine bearing area. Once identified it would be easy for the engine-maker to identify which engines would be at risk from the fault, one source said.Analysts estimate damages to Qantas could reach $60m (£38.5m), although forecasts vary. The LA route is one of Qantas’ most profitable but its latest operating statistics show there has not been a major impact on passenger numbers from the incident. center_img Share Wednesday 5 January 2011 7:21 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLlast_img read more

McDonald’s sees profits rise but misses December targets

first_imgMonday 24 January 2011 8:46 pm Show Comments ▼ whatsapp McDONALD’S has reported a nine per cent rise in global profits for 2010 with net profits of $4.95bn (£3.1bn) across its business, despite a slowdown in both fourth-quarter profits and sales. The fast-food retailer also said it expected to raise its prices this year, to offset a hike in its ingredients used to make its products.Despite like-for-like restaurant sales for December gaining 2.6 per cent in the US, the rise fell below analyst predictions of 3.9 per cent growth. Figures were further dented by a 0.5 per cent drop in European same-restaurant sales – well below analyst forecasts of a 3.4 per cent rise.According to a McDonald’s spokesperson, the biggest contributors to European sales were the traditionally strong markets of France and Russia, with its other key markets of Germany and the UK showing a comparative increase in sales and footfall despite the impact of severe weather.Net income in the fourth quarter rose to $1.24bn compared with $1.22bn in the year-earlier quarter.Continuing the trend it set with price hikes in China over 2010, McDonald’s finance chief Pete Bensen said that the group would “raise prices where it makes sense” across the rest of the world, though no specifics were given on timing or how the changes would be rolled out. McDonald’s sees profits rise but misses December targets whatsapp center_img KCS-content Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Hiscox is hit by disasters

first_img LLOYD’S insurer Hiscox was yesterday the latest company to warn that insurance claims from the UK’s snowy winter are on the rise.Hiscox estimated it faces £16m in claims from November and December’s bad weather-related claims and said this did not take January’s further freezing conditions into account. The loss is likely to be revised up as further claims are added, and follows a profit warning from property insurer RSA last week after it incurred an £110m UK loss from the weather.Hiscox also played down its exposure to the floods that devastated Australia earlier this month, in its third-quarter trading update. “Hiscox’s position on the Australian floods is still evolving, however we believe we are underweight in this area,” the insurer said.But after taking a £37m net loss from last September’s earthquake in Christchurch, New Zealand, it is possible the floods may also cost it millions. Hiscox, which wrote £1.7bn in premiums last year, reported a £131m combined loss from the Chilean earthquake last February, windstorm Xynthia, which hit Europe in March, and the New Zealand quake. “Although 2010 was marked by many significant and expensive catastrophes, most of these occurred in areas where Hiscox had deliberately reduced exposure due to weak rates,” the company said.Analysts said the combined loss, about 10 per cent of Hiscox’s combined ratio – a ratio of premiums to losses that indicates profitability – was in line with forecasts. “These numbers are broadly reassuring,” said Jeffries analyst Nick Pope. And despite the UK weather claims, the Bermuda-based insurer says its UK business remains “on track to make a healthy profit”. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsapp Wednesday 26 January 2011 7:17 pm Hiscox is hit by disasters KCS-content Share Show Comments ▼ whatsapp Tags: NULLlast_img read more

BAA passenger numbers fall in February

first_img Share Friday 11 March 2011 6:22 am Tags: NULL whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org John Dunne BAA passenger traffic fell at UK airports overall in February – but Heathrow saw a rise.The airport operator flew 7.11m passengers from its UK airports last month, compared with 6.97m in the same month last year.Heathrow, Europe’s busiest airport, flew 4.62m passengers, up by 0.5 per cent, the group said. Chief executive Colin Matthews said: “The steady growth in demand (at Heathrow) suggests improving economic circumstances.“Heathrow’s strong passenger and freight performance is encouraging for British industry, reflecting steady improvements in the economy and international trade.”Heathrow was boosted by an increase in numbers on long haul flights to destination such as India.Air cargo movements at BAA’s airports grew 5.7 per cent, with a 4.7 per cent gain at Heathrow.“At our other airports, the slow pace of economic recovery is impacting growth.” said Matthews.Stansted airport saw passenger traffic down 6.3 per cent on last year, while Southampton fell three per cent.BAA is majority owned by Spanish infrastructure group Ferrovial. center_img whatsapp BAA passenger numbers fall in February Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldlast_img read more

Novus completes Balls Bros deal

first_img Show Comments ▼ KCS-content Tags: NULL Tuesday 15 March 2011 8:25 pm Novus Leisure, the privately-owned bar and club group, has acquired the Balls Brothers and Lewis & Clarke businesses out of administration, for a fee that could eventually exceed £7.8m. Novus has acquired 17 of the 19 Balls Brothers bars, of which 14 are in the City of London with the remaining three bars in Victoria, Brook Street in the West End, and Hay’s Galleria. Share whatsapp whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Novus completes Balls Bros deal last_img read more

Arbuthnot profits are flat as it warns of tough year

first_img whatsapp Show Comments ▼ KCS-content whatsapp Thursday 17 March 2011 8:56 pm Tags: NULL Share Arbuthnot profits are flat as it warns of tough year 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 WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap BOUTIQUE lender Arbuthnot Banking yesterday posted flat profits for last year and cautioned on difficult market conditions for the year ahead.The group, one of the oldest independent banks in London, posted pre-tax profits of £5.1m.Arbuthnot’s retail arm posted pre-tax profits of £8.5m, down from £10.2m a year earlier – although it saw underlying profits up 19 per cent after one off items.Its investment division hit pre-tax profits of £1m, after a £0.1m loss a year earlier, boosted by 16 corporate transactions.However, the bank warned market volatility, driven by tension in the Middle East and the disaster in Japan, could hit financial services firms.“There does seem to be a never ending stream of uncertainties. From the Middle East and Japan to the sovereign debt crisis. This is making the markets more difficult and that will have an effect.” last_img read more

Forth Ports backs £745m takeover bid

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Forth Ports backs £745m takeover bid 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}MoneyPailSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia whatsapp FORTH PORTS agreed a deal to sell itself to its largest shareholder yesterday for £745m.Arcus European Infrastructure Fund will take control of the business – which owns docks and development property at Leith, Grangemouth, Dundee and Tilbury near London – subject to shareholder approval. Arcus already owns 22.8 per cent of the firm.The offer values Forth Ports at £16.30 a share, plus an additional final dividend of 20p per share.David Richardson, chairman of Forth Ports, said: “The Arcus offer gives Forth Ports shareholders the opportunity to realise their investment for cash at a fair price.”Last year Forth Ports fought off three takeover attempts by the Northsteam consortium, made up of Arcus, and two fellow infrastructure investors, Deutsche Bank’s RREEF unit and the Peel Group. These bids ranged from £12.85 to £14 per share.Forth Port’s shares closed up 1.3 per cent yesterday at £16.34p.Forth Ports, led by chief executive Charles Hammond, also owns a huge bank of land in Leith on Edinburgh’s waterfront. It had planned to turn the land into Edinburgh’s largest new development since construction of the Georgian New Town Area. However, this development has stalled since the downturn. A person familiar with Arcus’ plans said it was likely to accelerate asset sales – Forth Ports owns 2,000 acres of freehold land. whatsappcenter_img Share Tuesday 22 March 2011 8:23 pm Show Comments ▼ Tags: NULL KCS-content last_img read more

Credit Suisse’s Dougan gets £8.67m in 2010

first_img Credit Suisse’s Dougan gets £8.67m in 2010 whatsapp KCS-content whatsapp Thursday 24 March 2011 8:52 pm Sharecenter_img 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 TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tags: NULL CREDIT Suisse boss Brady Dougan took $14m (£8.67m) in pay in 2010, despite the bank’s shares losing a quarter of their value.Dougan’s fixed pay doubled to SwFr2.5m (£1.7m) and was topped by a SwFr10.2m bonus, making him one of the world’s highest-paid bankers for the second year.But Dougan’s total pay of SwFr12.8m was down a third from 2009, when he also received shares worth some SwFr71m under a five-year bonus plan.Dougan was also not the highest paid banker at Credit Suisse. That position went to Antonio Quintella, chief executive of Credit Suisse Americas, who received total compensation of SwFr15.6m.His base pay is lower than that of rival UBS’ chief executive Oswald Gruebel’s, but Gruebel took no bonus for the second consecutive year in 2010, citing a fall in his bank’s share price. UBS shares lost 4.3 per cent in 2010, while Credit Suisse shares fell by 26.43 per cent. Credit Suisse cut the total 2010 bonus pool by 27 per cent to about SwFr5.05bn. 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 WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Show Comments ▼last_img read more

iGB Diary: men of many talents, mascot mix-up and mad men

first_img Topics: Marketing & affiliates iGB Diary iGB Diary: men of many talents, mascot mix-up and mad men AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 17th August 2018 | By Joanne Christie iGB Diary This week the Diary explores gaming execs’ impressive side careers, takes aim at the industry’s ‘mascot’, ponders poker in the classroom and looks at the reception to Betway’s new ad men.Renaissance men While doing some final checks for our fantastic new e-zine on Sweden (read it for free here) a Google search for Mr Green Ltd CEO Jesper Karrbrink brought up a snippet for a writer with the same name. Or so we thought. But the author in the accompanying images looked incredibly similar in appearance, nay identical, to our Jesper Karrbrink. Further investigation revealed that they were indeed one and the same. Not content with becoming Sweden’s youngest ever newspaper CEO aged just 28 and having successful stints running companies including state monopoly Svenska Spel under his belt, Mr Karrbrink has somehow also found the time to carve out another successful career as a crime novelist and writer of management tomes, while the rest of us mere mortals struggle to pass muster in just one vocation. One of his novels, Deadly Exit, was even made into a 2006 movie, Exit. So a real Renaissance man then, our Jesper, (cue deferential forelock-tugging from us humble hacks). Our next podcast interviewee Joe Saumarez Smith runs him pretty close, though. Check out his Wikipedia here and look out for the podcast when it goes up on the iGB site at the end of the month. Last Leg gets mixed up Watching last Friday night’s episode of Channel 4’s Last Leg, we were somewhat confused by the examples given by the show’s presenters in a segment on football mascots. The team were highly critical of the fact that West Brom’s mascot is now “Boiler Man”, a nod to its new sponsor Ideal Boilers and on this point they weren’t alone – a number of football fans have been similarly unimpressed. As host Adam Hills quite rightly pointed out, Yokohama sponsors Chelsea and its mascot isn’t a tyre. Curiously, he then moved on to what would happen if all the online gambling companies that support football teams insisted on their own product as a mascot and this is where it stopped making sense. He suggested the mascot would then be a repossessed house and to illustrate the point, out came a dancing repossessed house mascot (notably there had been no tyre mascot paraded around earlier). Ideal does sell boilers. Yokohama does sell tyres. Online gambling companies do not sell repossessed houses. And given that Gambling Commission figures show that problem gambling affects less than 1% of the UK population and that UK Finance reported last week that repossessions of houses were at an all-time low, we’d be willing to bet that broken boilers and blown tyres are actually a far bigger problem for Ideal and Yokohama customers, respectively, than repossessed houses are for online gambling customers.… and so does release on schoolchildren playing poker While the Last Leg’s dancing repossessed house might have been a perfect example of how badly the igaming industry is viewed, we’re not sure a press release put out this week recommending schoolchildren are taught poker will do much to help. Not only does it not seem likely that the general mood towards gambling in this country right now would support classroom poker games, but the release itself has to one of the least credible we’ve seen. Sent on behalf of Paddy Power – although this wasn’t immediately clear to us given its headline of ‘With only one in four adults knowing how to play poker, schools suggest introducing games to the classroom’ – we are first told that Paddy’s research found that “only a quarter of adults know how to play poker and those that do have a sharper intelligence” (would love to know how this sharper intelligence was measured). It then goes on to say, “therefore, Christian Heinrich, Chairman of the Boarding School Association, believes children should be encouraged to play poker and that lessons can be learned”. Helpfully, there’s a link to an article where Heinrich was quoted in The Telegraph’s education pages recommending children climb trees, drive go-karts and yes, play poker. Here’s the thing, though. The article is from 2013. And shortly after it was printed Heinrich was replaced as chairman. So it seems unlikely he did take a look at Paddy Power’s recent research and therefore recommend anything of the sort. Paddy Power might want to reconsider its contract with the agency that put this out.Mad men Speaking of changes in agencies, it seems the increasing scrutiny over gambling advertising has not deterred ad giant Saatchi & Saatchi from taking over where Above & Beyond left off at Betway. The creative agency will produce multichannel ad content across the UK, Ireland, Italy, Germany, Belgium and Spain with Betway’s £89.5m marketing spend. According, to the operator’s statement on the deal: “Saatchi & Saatchi will work towards a major global campaign launch and regional roll out in 2019.” The news did not please one advertising commentator. Writing on the More About Advertising website yesterday, former Marketing Week editor Stephen Foster poured scorn on the agency’s decision to get into bed with a gambling company. “You can’t blame agencies for lapping up the bookies’ shillings – and Saatchi seems to be on a roll at the moment, stung, no doubt, by losing the Asda account,” he taunted, before getting serious…“but these companies are driving a coach and horses through so-called UK ad regulations”. Eeeeeeeeek. Foster was evidently less than impressed by gambling firms “carpet bombing every sports broadcast around”. Turning his attention away from Saatchis he took aim at Sky Bet, which he complained “runs them wall to wall through daytime football and cricket”.  Sky Bet, he added, “is the grossest of the lot”. Foster, we can only assume, is not a fan of regulated betting markets. Having completed his Sky rant he dropped in a line catastrophising about the PASPA repeal. “Sports betting has now been legalised in the US, God help them”. God help them indeed. Unless a major supermarket chain is about to drop Saatchi’s US office I guess?center_img Tags: Online Gambling This week we explore gaming execs’ side careers, take aim at the industry’s ‘mascot’, ponder poker in schools and reflect on Betway’s new ad men Subscribe to the iGaming newsletter Email Addresslast_img read more

Dutch regulator names Jansen as new chair

first_img Dutch regulator names Jansen as new chair Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Netherlands Gambling Authority (KSA) has appointed René Jansen as its new chairman ahead of crunch talks with the government over new gambling regulation in the country. Jansen, who most recently served on the executive board at the Dutch Healthcare Authority, will take on his new role from October 1. Earlier in his career, Jansen also had a spell with the former Dutch Competition Authority, and worked at the Ministries of Economic Affairs and Social Affairs & Employment. Jansen will replace Jan Suyver, whose departure was confirmed earlier this year, while Marja Appelman also announced her exit as chief executive of the KSA in July. Last month, KSA board member Joop Pot told iGamingBusiness.com the regulator, which recently rebranded from the Netherlands Gaming Authority, was to shift from a structure of three part-time board members and one director to two full-time board members and no director. To this end, in addition to Jansen, the KSA has named Bernadette van Buchem as its vice-chairman, effective October 15. Van Buchem is currently director of consumers at the Netherlands Authority for Consumers and Markets, and previously held various roles at ABD Interim, the group of interim managers of the Dutch government. The KSA said in a statement: “The Gaming Authority sees Jansen and van Buchem as the right people to continue the course taken by the KSA and to lead the organisation through the planned modernisation of the gaming policy.” The double appointment comes at a time when two pieces of legislation hang in the balance in the Netherlands. The Senate is yet to approve the Remote Gaming Bill, which would make online games of chance legal in the country. The Modernisation Casino Regime Bill, which focuses on the privatisation of Holland Casino, also awaits approval. In June, Dutch Minister for Legal Protection, Sander Dekker, proposed a revised framework for licensed operators in the Netherlands, focusing on enhancing consumer protection measures. The letter to legislators revitalised a bill that had been lying dormant for nearly two years following approval by the parliament’s lower house. Speaking to iGamingBusiness.com last month, Pot said that a meeting of the Committee of Justice and Security on September 13 would provide a platform for the first formal parliamentary reaction to Dekker’s letter. Meanwhile, the KSA has issued Betsson Group subsidiary Corona with a fine of €300,000 (£270/700/$347,900) for operating in the Dutch market without a local licence. The regulator made the ruling after carrying out an investigation into Corona and its Oranje and Kroon brands. Various other Betsson entities were also probed by the KSA, but the regulator did not note any further violations and no action was taken. In a statement issued to iGamingBusiness.com, Pia Rosin, vice-president of corporate communications at Betsson, confirmed Corona is currently assessing the option to appeal the ruling. “We will carefully follow the progress of the legislative process,” Rosin said. “We hope there will be a new law and then we know what the licence requirements are.” Pontus Lindwall, chief executive of Betsson, also said in a statement: “Betsson shares KSA’s ambition to achieve a high channelisation of customers into any future locally regulated environment in the Netherlands and supports the Dutch government’s ambition in moving forward with the legislative process. “Corona will assess whether to appeal the sanction against them. Also, we will carefully follow the progress of the legislative process. We hope that there will be a new law and then we know what the licence requirements are.” Betsson acquired Corona in 2014 in anticipation of the re-regulation of the Dutch online gaming market, which had been scheduled for 2015. The lower house of the Dutch parliament approved the Remote Gaming Bill in 2016, but this is still awaiting approval from the Senate. In June, it was revealed the country’s coalition government intends to resume the process with the aim of introducing new regulation by 2020.Image: KSA Regions: Europe Western Europe Netherlands Email Address Tags: Card Rooms and Poker Mobile Online Gambling 24th August 2018 | By contenteditor Subscribe to the iGaming newsletter Bernadette van Buchem will take on the role of vice-chairman Topics: Casino & games Legal & compliance People Sports betting Strategy Pokerlast_img read more