William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn. The operator’s William Hill US subsidiary, meanwhile, saw revenue grow 38% year-on-year to £79.7m for its existing business, with amounts wagered up 21% on a statutory reporting basis to £1.1bn. This marked the division’s six consecutive year of revenue growth, driven by a strong mobile performance, with amounts wagered via the channel up 42%, which helped offset the flat retail channel.The mobile growth was driven by a 20% increase in new customers, and average bet size growing by 46%.The operator’s US expansion arm, comprising revenue generated from newly-regulated sports betting markets following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in May, made an £11.8m contribution.Since May 2018, William Hill US has launched or expanded operations in New Jersey, Delaware, Rhode Island, Mississippi, Pennsylvania and West Virginia. This rapid expansion did incur significant costs, of £43.4m, which resulted in the division making a £33.2m loss for the year.The operator’s retail division was the only one to see revenue decline in 2018, falling 2% year-on-year to £895.2m. The operator saying that the impact of the summer’s Fifa World Cup was offset by racing fixture cancellations in the first half of the year, which led to sportsbook stakes falling 5% to £2.2bn.Looking at revenue by product, retail sports betting was down 4% to £398.9m, with gaming flat at £496.3m.Cost of sales, including gross profit tax, duties and levies for 2018 amounted to £389.7m, which left the operator with a gross profit of £1.2bn for the period, up 3.6% from 2017. Once other administrative expenses of £927.3m, depreciation of £24.5m and amortisation of £49.1m were stripped out, William Hill’s operating profit for the year was £233.6m.The operator was, however, hit by significant exceptional items and adjustments, including the £882.8m impairment of the retail division, following the UK government’s decision to cut B2 maximum stakes from £100 to £2.“A regulatory change of this nature is unprecedented and its impact on customer and competitor behaviour will not be known until some years after implementation but we currently estimate this could reduce the retail division’s annualised adjusted operating profit following mitigation measures by £70-£100m,” William Hill said.This resulted in the operator posting a pre-tax loss of £721.9m. As a result of this loss William Hill recognised a tax credit of £5.8m, as well as a £3.8m profit on discontinued operations. This resulted in a net loss of £712.3m for the period.Looking ahead to 2019, William Hill said his outlook was in line with market expectations, with the group expecting an effective tax rate of 12% for the year. This, it said, reflected the evolution of the business, with the acquisition of MRG Group and the growth of William Hill US. Regions: Europe UK & Ireland US William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April.Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.William chief executive Philip Bowcock (pictured) described 2018 as “a busy and decisive year” for the business.“Key regulatory decisions in the UK and US gave us much needed clarity to set a new five-year strategy and a goal to double profits by 2023,” he said. “We have three businesses at different stages, with online growing in the UK and diversifying internationally, retail being remodelled in response to the new £2 stake limit, and rapid expansion in the US sports betting market.”Against this backdrop, Bowcock said the underlying online performance had been good, the US had grown strongly, and retail had proved “resilient” in the face of difficult high street conditions. “With rapid expansion underway in the US and the acquisition of Mr Green now complete, we are excited and focused on the opportunity to make further operational and strategic progress this year,” the operator explained. “In 2019 we are remodelling our Retail offer while building a digitally-led and internationally diverse business, underpinned by a sustainable approach as part of our Nobody Harmed ambition.” “We know the next few years will require careful navigating and investment, but with a clear strategy and diverse, experienced leadership teams in place we are ready to capitalise on the opportunities available to us.”The operator’s online division saw revenue grow 3% to £616.9m, with this total split almost equally between sports betting (up 3% to £318.7m) and gaming (up 2% to £315.7m). Growth in online sports betting came despite a marginal decline in amounts wagered to £4.7bn.William Hill noted that this was largely down to enhanced customer due diligence checks introduced in the wake of a £6.2m settlement with the GB Gambling Commission for social responsibility failings in February 2018. Excluding the impact of these checks, amounts wagered would have been up 2% year-on-year.The geographic revenue split skewed heavily towards the UK, which accounted for £484.0m of the total, with £150.4m coming from other international markets. Active user numbers grew strongly in 2018, growing 25% to 3m unique active accounts, with the operator using offers and incentives to develop a mass market customer base.Mobile further established itself as the channel of choice for William Hill customers, responsible for 83% of sportsbook net revenue, up six percentage points, and 80% of gaming net revenue, an eleven percentage point rise. Subscribe to the iGaming newsletter “We have started delivering on our strategy with the expansion of our US business, being first out of the blocks in all states that have regulated sports betting, and with the acquisition of Mr Green, which will support the build-out of our international digital business,” he continued. “We have also put our weight behind reducing the amount of TV gambling advertising seen by under 18s through a voluntary whistle-to-whistle advertising ban before the watershed. Casino & games Topics: Casino & games Finance Sports betting Strategy Horse racing William Hill swings to £721m loss after retail write-down Tags: Mobile Online Gambling OTB and Betting Shops Race Track and Racino 1st March 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address
Sports betting Tags: Mobile Topics: Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 28th May 2020 | By contenteditor DraftKings partners Sportradar for live streaming launch Regions: US Subscribe to the iGaming newsletter DraftKings is to add live streams of sporting events to its mobile sportsbook application after expanding its partnership with sports data and content provider Sportradar.Pursuant to state regulations, DraftKings customers logged in to their accounts and have funds in their wallet will be able to stream certain sports events directly within the app.The ability to live stream will depend on a customer’s location, with DraftKings saying geo-located players can stream sports across all jurisdictions except Iowa.Among the events that will initially be available for live stream are German Bundesliga soccer and Korean baseball, with DraftKings to explore a potential expansion opportunities for its live stream functionality.Read the full story on iGB North America. DraftKings is to add live streams of sporting events to its mobile sportsbook application after expanding its partnership with sports data and content provider Sportradar. Email Address
Letlole La Rona Limited (LETL.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2018 annual report.For more information about Letlole La Rona Limited (LETL.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Letlole La Rona Limited (LETL.bw) company page on AfricanFinancials.Document: Letlole La Rona Limited (LETL.bw) 2018 annual report.Company ProfileLetlole La Rona Limited, listed on the Botswana Stock Exchange, is a real estate development and management company that owns and operates commercial and industrial properties in Botswana which includes hotels, warehouses and factories. The focus of the company property portfolio is on industrial properties. Letlole La Rona Limited has thirteen industrial properties in its portfolio; as well as Moedi House which is a commercial property; Shoppers which is retail property; Red Square which is a residential development; and four hospitality properties which are Bosele Hotel, President Hotel, Cresta Lodge and Thapama Lodge. Letlole La Rona Limited is a subsidiary of Botswana Development Corporation Limited.
Save this picture!© Hiroyuki Hirai+ 21Curated by Hana Abdel Share Projects Houses Takashi Ikeda, Takako Ikeda “COPY” ArchDaily Lead Architects: Architects: design it Area Area of this architecture project CopyAbout this officedesign itOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesInterior DesignResidential InteriorsHouse InteriorsOtsuOn FacebookJapanPublished on March 11, 2021Cite: “Courtyard House at Wani / design it” 10 Mar 2021. ArchDaily. Accessed 10 Jun 2021.
Southern Indiana Farmer to Serve on ASA Board Previous articleWork to Keep Mississippi River Traffic Flowing Intensifies Amid Growing Public ConcernNext articleLivestock Profits Likely to Recover in 2013 Gary Truitt Facebook Twitter SHARE Facebook Twitter Joseph SteinkampVanderburgh County farmer and Indiana Soybean Alliance (ISA) director Joe Steinkamp has been appointed to the American Soybean Association (ASA) Board of Directors and began his three year term in December 2012. “I look forward to serving Indiana soybean farmers on a national level through my role on the ASA board,” said Steinkamp. “As global demand for soy continues to increase, one of my goals is to keep U.S. farmers competitive globally through sound political policies.” SHARE Steinkamp, a farmer from Evansville, Ind., currently serves on ISA’s executive committee as chairman of the membership and policy committee. He was elected to the ISA board in 2009. Indiana Soybean Alliance has two seats on the ASA board. Alan Kemper of Lafayette, Ind. is the other Indiana representative on the board. Steinkamp was appointed by the membership and policy committee of ISA to serve on the national board replacing Scott Fritz of Winamac, Ind. who served his full nine years on the ASA board. The American Soybean Association is the national organization that represents U.S. soybean farmers through policy advocacy and international market development. For more information on ASA, visit www.soygrowers.com/.Source: ISA Home CROPS Southern Indiana Farmer to Serve on ASA Board By Gary Truitt – Dec 18, 2012
The Leap 3/3/20 Facebook Linkedin Previous articleProgram offers classes for anyone over 50 years oldNext articleReview: “White Boy Rick” fails to engage beyond glamorizing the ’80s drug scene Brittany Kasko RELATED ARTICLESMORE FROM AUTHOR The Leap 2/11/20 Brittany is the Executive Producer of The Leap for TCU360. She is a journalism major and criminal justice minor from Mansfield, Texas. In her free time, Brittany enjoys exercising and catching up on pop culture. Brittany Kasko Brittany Kaskohttps://www.tcu360.com/author/brittany-kasko/ + posts ReddIt The Leap 2/4/20 Brittany Kaskohttps://www.tcu360.com/author/brittany-kasko/ The Leap 2/18/20 printWe’re back and we’re reading – everything from the “New York Times” to the “Wall Street Journal.” We’re trying to help you keep up with the rapid pace of politics and policy. Today we’ve got Trump’s stance on the Kavanaugh allegations, agreement in the Koreas, and a new book written by Stormy Daniels herself.Trump doesn’t believe the FBI should be involved in Kavanaugh allegationsChristine Blasey Ford claimed that Supreme Court nominee Brett Kavanaugh sexual assaulted her when they were in high school, roughly 30 years ago.According to ABC News, Kavanaugh has denied the allegations and President Donald Trump believes the FBI should stay out of the situation.Kavanaugh and Ford will testify on Monday.North and South Korea agree to an ‘era of no war’ Kim Jong Un and South Korean President Moon Jae-in announced today that they plan to destroy their nuclear complex with hopes of ending the possibility of war on their turf.This agreement comes only with cooperation by the U.S., said Jea-in.This announcement was made on the second day of the three-day summit. This is their third this year and is part of efforts to “contain the threat of war on the Korean Peninsula.”The two also signed an agreement to “cease all hostile acts against each other” between the two countries.Trump responded to these actions via Twitter.Finding temporary housing in North Carolina is getting harder each daySince Hurricane Florence blew through smaller towns, temporary housing is harder to find for those affected by this hurricane than other recent U.S. storms.Additionally, many of the houses in the small towns such as Wilmington and Fayetteville, N.C. are single-family homes, making them more vulnerable to damages.The good news is that many landlords will choose to not increase rent for quite some time after the storm.Stormy Daniels’ tell-all book obtained earlyStormy Daniels’ tell-all book reveals vivid details of her time spent with President Donald Trump prior to the election.Daniels explains the first time she met Trump, noting the Trump logo on his shirt would one day be a MAGA logo.The book, Full Disclosure, will be released Oct. 2.Julie Chen announced that she will be leaving “The Talk”Co-Host of “The Talk,” Julie Chen, is stepping down from her position in order to spend time at home with her husband and son.This news comes just weeks after her husband, Les Moonves, executive producer of CBS, stepped down from the network after sexual misconduct allegations from women he had worked with over his career.According to NBC News, Chen will continue to host “Big Brother” through its finale next week.Elizabeth Smart’s captor set to be released from prison today Wanda Barzee, one of Elizabeth Smart’s captors, was released from prison after serving 15 years in prison.Smart was rescued in 2003 after nine months of being held by Barzee and her husband, Brian Mitchell.Smart explained that she is very concerned for the community, the public, and for herself moving forward in a CBS News article.That is what we’re reading today. Check back tomorrow for more. ReddIt Facebook Abortion access threatened as restrictive bills make their way through Texas Legislature Twitter What we’re reading: Chauvin found guilty in Floyd case, Xi to attend Biden’s climate change summit Twitter Brittany Kaskohttps://www.tcu360.com/author/brittany-kasko/ Brittany Kaskohttps://www.tcu360.com/author/brittany-kasko/ Linkedin Photos of the summit between U.S. President Donald Trump and North Korean leader Kim Jong Un are displayed during a photo exhibition to wish for peace on the Korean Peninsula in Seoul, South Korea, Wednesday, Sept. 19, 2018. This week’s inter-Korean summit talks ended with a set of sweeping agreements on denuclearization of the Korean Peninsula, reducing a military standoff and other reconciliation issues. The signs read: ” The summit between the United States and North Korea.”(AP Photo/Ahn Young-joon) What we’re reading: Former Vice President dies at 93, Chad President killed on frontlines
to go further August 22, 2015 – Updated on January 20, 2016 Zaina Erhaim of Syria named 2015 Winner of Peter Mackler Award for Courageous and Ethical Journalism News Help by sharing this information RSF_en Toll of ten years of civil war on journalists in Syria Zaina Erhaim, 30, currently lives and works in Aleppo, Syria. Over the last two years, she has trained about 100 citizen reporters from inside Syria, approximately a third of them women, in print and TV journalism, and has helped establish many of the new emerging independent newspapers and magazines in the war torn country. Erhaim is also the Syria project coordinator for the Institute for War and Peace Reporting (IWPR), an international organization that support journalists in countries undergoing conflict, crisis, or transition. Many of Ms. Erhaim’s students, from all walks of life, have been published in major international news outlets.“Zaina Erhaim is a force multiplier of journalistic values in a country torn by violence and irrationality,” said Camille Mackler, the Peter Mackler Award’s project director. “We salute her courage, upholding professional ethics and bringing them to the service of those left to write history.”Syria is currently ranked 177th out of 180 countries in the World Press Freedom Index published by Reporters Without Borders.Upon learning that she had received the award, Ms. Erhaim said “when living in horror for all these years, it is normal to feel abandoned and forget that there is someone listening or reading to our stories and that she or he actually cares. It is such initiatives that make me feel that I, with my Syrian colleagues, do matter, and that our hard work is appreciated and it gives power to go on in my daily surviving battle.”Delphine Halgand, director of Reporters Without Borders – USA said “by awarding Zaina Erhaim, we pay tribute to the courage of those in Syria who fight for the freedom of information. Syria is the deadliest country for journalists since 2011. Facing harsh oppression, Erhaim is an outstanding journalist and journalism teacher””Zaina Erhaim has done extraordinary work both in training local residents and journalists who have become nearly the only first-hand source of news on the Syrian conflict and in supporting Syrian women living under siege.” Said David Millikin, Agence France-Presse’s director for North America. “She embodies the ideals which the Peter Mackler Award was created to honor.”About the Peter Mackler Award for Courageous and Ethical JournalismThe Peter Mackler Award for Courageous and Ethical Journalism was founded in June, 2008 to honor the memory of Peter Mackler, a Brooklyn-born thirty-five year veteran journalist who championed ethical journalism and freedom of expression. Mackler helped transform the news agency Agence France-Presse (AFP) into the international competitor that it is today. Mackler also founded the Global Media Forum, Zaina Erhaim which trained journalists and non-profit organizations to use the media as a tool for social change, and Project Plato, teaching journalism as a life skill to disadvantaged teenagers.The Peter Mackler award rewards journalists who fight courageously and ethically to report the news in countries where freedom of the press is either not guaranteed or not recognized. The Award is administered by Global Media Forum, the US branch of Reporters Without Borders, and Agence France-Presse.The Award ceremony will take place on October 22, 2015 at 6PM at the National Press Club in Washington, DC, 529 14th St. N.W, 13th Fl.; Washington, DC 20045. The ceremony will be followed by a networking hour. Tickets can be bought on the Peter Mackler Award website. Wave of Kurdish arrests of Syrian journalists News Organisation Follow the news on Syria WASHINGTON, DC, Aug. 22, 2015 – The Peter Mackler Award, the US branch of Reporters Without Borders (RSF), and Agence France-Presse are pleased to announce that Syrian journalist is the 2015 winner of the Peter Mackler Award for Courageous and Ethical Journalism. The award will be presented in a ceremony at the National Press Club on October 22, 2015. March 8, 2021 Find out more SyriaMiddle East – North Africa News March 12, 2021 Find out more Damascus TV presenter arrested under cyber-crime law Receive email alerts News SyriaMiddle East – North Africa Contact :Camille J. Mackler Project Director, Peter Mackler Award Email: [email protected] Phone: 917-655-3548 February 3, 2021 Find out more
Online freedoms Reporters Without Borders, also known internationally as Reporters sans frontières (RSF), is pleased to receive a grant worth EUR 422 179 from the European Commission. As an action of the call for proposals to support investigative journalism and media freedom in the EU it is aimed at implementing JTI and thus, provide a competitive advantage for trustworthy journalism to be considered even more critically important during an era of online disinformation, propaganda and implications of the Corona pandemic, where reliable information can save lives. JTI provides a voluntary, self-regulatory mechanism for news media to assess and show its compliance with professional norms. Criteria include transparency of ownership, verification and correction policies, editorial independence and ethical conduct. In addition to self-assessment and disclosure, the JTI Standard is also certifiable through a third-party audit and thus, offers an additional level of external accountability in order to build and sustain trust. The JTI standard-setting phase was launched by Reporters Without Borders (RSF), supported by its partners the European Broadcasting Union (EBU), Agence France Presse (AFP), and the Global Editors Network (GEN) in 2018. Over 130 participants, representing media outlets, regulatory and self-regulatory bodies, NGOs and consumer groups, academia, the media development community and technology firms from around the world, contributed to the drafting process. Following a public consultation the final document was adopted by consensus and officially published as Workshop Agreement No. 17493 by the European Committee for Standardization (CEN) in December 2019. From 2020 onwards, the JTI Standard is now available for usage by media outlets, but also for other stakeholders like advertisers, platforms and distributors, as well as regulators to provide an enabling environment for authoritative sources of information. The grant provided by the European Commission will propel efforts to develop the tools and instruments needed to support its implementation. These will include an online portal for self-assessment according to the JTI Standard, tutorials and outreach for capacity building of news media across Member States, but also the fostering and stimulation of a certification market. The provision of a machine-readable JTI data-channel for consumers and citizens but also for the private sector and all intermediaries is designed to re-align attention and spending to compliance with professional norms in journalism and thus, reward and remonetize it – in times of crisis even more needed than ever before.“We are very proud to announce this major support from the European Commission, that is highly active in the defense of trustworthy journalism and the fight against disinformation in Europe,” said Christophe Deloire, Secretary General of RSF. “This happens at a critical point in time with the inception of the Digital Services Act, where we expect affirmative action and clear responsibilities for platforms also in respect of due prominence of authoritative sources of information. The JTI signal is a custom-made solution fitting for a co-regulatory approach to the issue!””JTI project page onlineJTI Standard document for download Reporters Without Borders (RSF) is pleased to announce the signature of a grant agreement with the European Commission to support the implementation of its ‘Journalism Trust Initiative’ (JTI) in Europe. The supported pilot project is aimed at “fostering qualitative media by rewarding reliable sources”. Organisation News RSF_en July 8, 2020 European Commission awards grant to support Reporters without borders’ Journalism Trust Initiative in Europe Online freedoms Help by sharing this information
News July 18, 2017 Journalist held incommunicado for past week in South Sudan December 23, 2020 Find out more South Sudan president, Salva Kiir, holds a press conference in Juba, on 25/04/2014© AFP PHOTO / CHARLES LOMODONG Receive email alerts RSF welcomes UN Special Rapporteur’s statement calling for justice for Christopher Allen three years on South SudanAfrica Condemning abuses PredatorsImprisonedFreedom of expression Mayat has just completed a week in detention without being able to speak to his family or lawyer, who have not been able to obtain any information about his state of health or the conditions in which he is being held. No charges have been brought against him. National security officers arrested him one day after SSBC failed to provide live coverage of a speech that President Salva Kiir gave to mark the sixth anniversary of the country’s independence, although Mayat attributed this failure to technical problems. Kiir has been South Sudan’s president – and an RSF “press freedom predator” – since 2011. “We call for this journalist’s immediate release,” said Cléa Kahn-Sriber, the head of RSF’s Africa desk. “Frequent arbitrary measures of this kind by the security services and the accompanying impunity are killing media freedom in South Sudan and are holding back a return to peace and national reconciliation.” After South Sudan obtained independence in 2011, a civil war broke out in 2013 and the ensuing political and security crisis has not spared the media. News outlets have been suspended, newspaper issues have been seized, and journalists have been detained arbitrarily, tortured, harassed, forced to censor themselves or forced to flee abroad. South Sudan has fallen 20 places in RSF’s World Press Freedom Index since 2015 and is now ranked 145th out of 180 countries. More information about South Sudan here. Reporters Without Borders (RSF) calls for the immediate release of Adil Faris Mayat, the head of South Sudan’s state-owned national TV broadcaster, SSBC, who has been held incommunicado since 10 July. News Organisation Follow the news on South Sudan Online memorial and writing prize launched to mark 30th birthday of slain journalist Christopher Allen News News Help by sharing this information South SudanAfrica Condemning abuses PredatorsImprisonedFreedom of expression RSF_en August 25, 2020 Find out more to go further Red alert for green journalism – 10 environmental reporters killed in five years August 21, 2020 Find out more
Previous articleMelbourne duo Oh Pep! tour Stadium CakeNext articleLimerick man jailed for threatening to kill Garda detective Staff Reporterhttp://www.limerickpost.ie Limerick’s National Camogie League double header to be streamed live Email Advertisement Facebook Linkedin Limerick Ladies National Football League opener to be streamed live Twitter WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Print WhatsApp RELATED ARTICLESMORE FROM AUTHOR Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick fire crews battled the blaze for several hoursThe former Bishop’s Palace on the North Circular Road in Limerick before an extensive fire gutted the building overnight on FridayAN INVESTIGATION is underway in Limerick after a suspicious fire caused extensive damage to the former Bishop’s Palace on the North Circular Road late on Thursday night.The landmark property, which was purchased two years ago by Gerry McManus, brother of philanthropist JP McManus, was extensively damaged in the blaze which is thought to have begun sometime before 11.30pm.Four units of Limerick City Fire and Rescue, including two appliances, a water tanker and the aerial platform “Bronto”, dealt with the blaze for several hours overnight.Sign up for the weekly Limerick Post newsletter Sign Up The eight bedroom unoccupied residence, which was built in 1845, was once the residence of Limerick Catholic Bishops before it was left unoccupied for a number of years.Limerick property developer Aidan Brooks originally bought the residence in 2007 for almost €26m.Extensive plans to redevelop the site were shelved as the economic downturn hit.Limerick fire crews battled the blaze for several hours – picture from @LimerickfireIn 2014, the property was offered for sale for €1.1m before Mr McManus bought it for an undisclosed sum.Following Thursday night’s blaze, Mayorstone Gardai are investigating the circumstances and a technical examination will take place to determine the cause of the fire. NewsBreaking newsFormer Bishop’s Palace gutted in Limerick fireBy Staff Reporter – November 4, 2016 1850 TAGSBishop’s PalacefeaturedfireGardalimerick Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash