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Boeing confident of 787 delivery

first_imgTuesday 31 August 2010 7:58 pm whatsapp Show Comments ▼ Boeing is confident it can deliver the first 787 Dreamliner in the middle of the first quarter of 2011, the chief financial officer of the world’s largest aerospace and defence company said yesterday. Speaking at a conference hosted by Morgan Stanley, James Bell reiterated the updated delivery target for the long-delayed carbon-composite commercial aircraft. Last week, the company announced another Dreamliner delay – this one related to a delay in the availability of a Rolls-Royce engine needed for the final phases of flight testing. The plane is already more than two years behind schedule. Boeing confident of 787 delivery Share KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp Tags: NULLlast_img read more

Air travel picks up but cargo growth slips

first_img whatsapp Air travel picks up but cargo growth slips whatsapp Show Comments ▼ KCS-content Sharecenter_img Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndo Tuesday 26 October 2010 8:08 pm 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap THE recovery in the global air travel market gathered pace last month, but falling freight has sparked concern about the impact on the economic recovery of spending cuts.Passenger numbers rose 10.5 per cent year-on-year in September, significantly stronger than the 6.5 per cent increase in August, according to figures from the International Air Transport Association (IATA).IATA said the better passenger growth could be due to normal travel volatility boosted by factors such as the religious festival of Ramadan.Freight traffic rose 14.8 per cent, down from the 19 per cent in August and a larger fall than expected.IATA ?voiced concern about the drop in freight, saying consumer and business confidence was weak in many parts of the world.Spending to boost the economic recovery had failed to follow a lift in cargo earlier this year.IATA director general Giovanni Bisignani said the passenger recovery was good news, but the freight numbers were worrying.“Freight activity has fallen six per cent since May’s post-crisis peak. What we see in air cargo markets is inevitably reflected in the broader economy,” he said. last_img read more

Sainsbury’s to lead jobs rise

first_img 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 AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Share whatsapp Monday 10 January 2011 9:04 pm KCS-content Show Comments ▼center_img Tags: NULL whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap SUPERMARKET giant Sainsbury’s will create 20,000 new jobs over the next three years, as part of a government backed drive for the private sector to boost employment.Sainsbury’s chief executive Justin King said: “These new jobs will provide a huge boost to communities across the UK and as they are a mixture of full and part time positions there will be an opportunity suitable for everyone.”The chief executives of 19 leading companies met with Prime Minister David Cameron yesterday to pledge fresh jobs for the UK.Tesco has said it will create 9,000 new jobs, whilst WM Morrison has pledged 6,000 new jobs.However, the British Chambers of Commerce has urged the government to do more to boost job creation in smaller firms, although welcomed measures to reform employment tribunal laws.A consultation expected to launch next week could include a possible one-year extension of the time an employee must work for a firm before they can bring an unfair dismissal claim.Director general David Frost said: “Companies want to know exactly what the government plans to do to remove obstacles to taking on staff.” Sainsbury’s to lead jobs rise last_img read more

Employee denies Renault espionage

first_img KCS-content A SENIOR employee at Renault denied any involvement in industrial espionage after allegations that three executives leaked green car technology secrets.A French government source said last week a possible Chinese connection was being explored but had not been substantiated, after Renault suspended three executives suspected of leaking information on its electric vehicle programme.“Renault is bringing very serious accusations against me, which I deny totally,” said Michel Balthazard, one of the suspended employees. Earlier China also denied any link to the scandal at the French carmaker, dismissing reports of its possible involvement as “baseless”. “We have noticed the relevant reports,” Chinese foreign ministry spokesman Hong Lei said yesterday. “We think that some people saying that China is behind this case is totally baseless and irresponsible.”French government spokesman Francois Baroin said France was not accusing any country of involvement.“There is no official accusation by France and the French government toward any country today. An inquiry is under way,” Baroin said. Renault declined to comment. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com 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 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’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLcenter_img Share Tuesday 11 January 2011 7:22 pm whatsapp whatsapp Employee denies Renault espionage last_img read more

Sirius shares rejoin AIM

first_img Tags: NULL Sirius shares rejoin AIM whatsapp whatsapp SIRIUS Petroleum’s shares closed flat at 5.62p yesterday, in its first day of trading on AIM since its shares were cancelled in February to allow for its first acquisition in Nigeria. The firm was yesterday re-listed as an investing company with no operations to allow the firm to change its investment strategy and pursue acquisitions, it said in a statement. Shareholders approved the new strategy and readmission to AIM in a meeting on Wednesday. Sirius’s plans to purchase a 40 per cent interest in the Ke oil field in Nigeria fell through in December, though Sirius has maintained that it could buy a stake in the future. Sirius said in a statement yesterday that its first acquisition will take the form of a reverse takeover, but did not give any more details. KCS-content center_img Show Comments ▼ 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 Thursday 24 March 2011 8:53 pm Share 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 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 Heraldlast_img read more

Unilever likely to face fine for fixing wash powder price

first_img 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 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 SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp KCS-content center_img CONSUMER goods giant Unilever, which makes Persil, is expected to be fined today by competition watchdogs for fixing prices in the washing powder market.The Anglo-Dutch firm, together with Ariel maker Procter & Gamble, is understood to have struck a deal with the European Commission that will see it receive a reduced penalty in exchange for admitting it participated in a cartel.The Commission can fine companies as much as ten per cent of global sales. However, the figure is more often between two and three per cent of sales. Germany’s Henkel, which alerted the European Commission to the cartel in washing powder, will not be penalised, the source said. Unilever is a dominant force in detergents while P&G is the market leader. The EU watchdog raided the three companies in June 2008 on suspicion of price fixing, and also sought information from US-based household products firm Sara Lee.The commission has imposed close to €12bn (£10.6bn) worth of fines on cartels in the five years to 2010. Share Tuesday 12 April 2011 8:03 pm Tags: NULL Unilever likely to face fine for fixing wash powder price last_img read more

Knight Frank agents form firm

first_imgMonday 18 April 2011 7:55 pm Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald whatsapp Three former Knight Frank agents and an ex-surveyor for the property firm have set up their own company, Companies House documents show. Agents Nigel Gillingham, Tracey Pollard and Woody Bruce, alongside surveyor Rupert Bentley Smith, are listed as the sole directors of Bruce Gillingham Pollard. The agents left Knight Frank last month and have already secured several shopping and restaurant leasing mandates. center_img Tags: NULL Knight Frank agents form firm Show Comments ▼ 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 whatsapplast_img read more

GC imposes £1.8m fine on Park Lane Club operator

first_img Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter GC imposes £1.8m fine on Park Lane Club operator The Gambling Commission has hit Silverbond Enterprises, which owns London-based private members’ club and casino The Park Lane Club, with a £1.8m fine for failings in its social responsibilty and anti-money laundering processes.Silverbond’s troubles with the Commission date back to 2016, when the regulator initiated a review of Silverbond’s licence, which resulted in the imposition of additional licence conditions to address money laundering failures.Following the review, the Commission conducted further inspections in 2018, in which it was discovered that many of Park Lane Casino’s top 250 customers did not receive enhanced due diligence checks.According to the Commission, Silverbond’s internal compliance team had correctly identified advanced due diligence checks were needed, but casino staff allowed the players to continue to play. It was also found that Silverbond did not provide details of how money laundering checks were to be carried out, and that the company had failed to retain accurate records of activities from the Money Laundering Reporting Officer.In total, 491 customers activated financial triggers requiring enhanced due diligence to be completed, yet for 61 of these customers, these checks were not completed.Further failures were noted in customer interaction. The Commission uncovered cases including a customer displaying violent behaviour – including threatening staff – a customer asking for his winnings to be transferred to his personal bank account to prevent him playing further and a customer asking to increase the maximum amount that could be deposited by cheque.The regulator noted that there was “insufficient recorded detail or rationale of whether the customer was suffering gambling related harm” in each case.In May 2018, the Commission informed Silverbond that it was commencing a review of its operating licence, and having considered the information gathered during the review, has opted to impose a £1.8m fine, a warning and further licence conditions.The conditions include a regular training needs analysis of all staff, to ensure that all staff undertake outsourced anti money laundering training and to ensure that an independent audit of the current top 250 customers is carried out by external auditors within the next six months. Casino & games Subscribe to the iGaming newslettercenter_img Topics: Casino & games Legal & compliance Regions: UK & Ireland The Gambling Commission has hit Silverbond Enterprises, which owns London-based private members’ club and casino The Park Lane Club, with a £1.8m fine for failings in its social responsibilty and anti-money laundering processes. 11th September 2019 | By Daniel O’Boylelast_img read more

GC clarifies scope of credit card gambling ban

first_img The Gambling Commission of Great Britain has explained how its ban on gambling with credit cards will affect remote lotteries, as well as confirming that the prohibition will extend to the use of credit cards to fund e-wallets. Tags: Mobile Online Gambling Payments Topics: Legal & compliance Lottery Tech & innovation 29th January 2020 | By contenteditor Regions: UK & Ireland GC clarifies scope of credit card gambling ban The Gambling Commission of Great Britain has explained how its ban on gambling with credit cards will affect remote lotteries, as well as confirming that the prohibition will extend to the use of credit cards to fund e-wallets.The ban will affect wallets such as PayPal, with the Commission noting that the providers will be able to put measures into effect to prevent credit card payments for gambling.However, it added, gambling operators will ultimately be responsible for only accepting e-wallet payments where it is satisfied that the provider will take action to prevent payments by credit card once the ban comes into force on 14 April.Much of the onus will fall on operators, such as by using a card’s Issuer Identification Number (IIN) to verify whether a card is credit, debit or prepaid, and have these transactions blocked by the payment processor or acquirer.The prohibition covers online gambling and retail betting, with credit card betting in land-based casinos and gaming halls already banned. The Gambling Commission explained that this includes remote society lottery, remote ancillary lottery and remote external lottery manager (ELM) licensees as well.In practice, the Commission said, this means that all of these licence holders will not be able to accept any form of payment that uses a credit card, including for subscription services. Customers that use credit to pay for any sort of lottery subscription service will have to select an alternative payment method for these offerings.However, it added, non-remote society lottery and non-remote external lottery manager (ELM) licensees will not be subject to a ban. This means they will still be able to purchase society lottery tickets by credit card in retail outlets, or via door-to-door sales.Announced alongside the credit card ban was the news that the national self-exclusion system Gamstop must be offered by all remote gaming licensees from 31 March. For lottery operators, this will only apply to those that offer online instant win games (IWGs), and only in relation to these products, meaning operators will not be required to block access to draw-based games.“It is only operators that are offering online IWGs that need to participate in Gamstop,” the regulator said. “The sale of physical tickets via remote means is not included in the code provision for online multi-operator self-exclusion.” Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

Industry 2020 predictions: part six – regulation

first_imgLegal & compliance Last year saw the rapid expansion of sports betting across the US, but also a number of regulatory and advertising clampdowns in Europe.As the new decade gets underway, industry experts share their thoughts on the opportunities and challenges that lie ahead. In part six, our final installment, we hear from regulatory experts.Interviewees Jason Chess, partner and co-head of the Betting and Gaming group, Wiggin David Clifton, Director, Clifton Davies Consultancy Yahaya Maikori, partner, Law Allianz Mark Balestra, US special counsel, Segev LawWhat were the defining developments or events of 2019? Jason Chess: The major event of 2019 was the Gambling Commission’s statement (in its Enforcement Report 2018/19) that most of the British public have a maximum of £499 monthly disposable (or “discretionary”) income and that this amount should be logged by operators as a “benchmark” for the possibility of “gambling-related harm”. The principle that operators should be held liable for how much of a person’s freely disposable income they choose to spend in any given manner finally consigns to the grave the libertarian Blairite approach to gambling.David Clifton: From a regulatory viewpoint, the good news from 2019 was watching major operators within the UK industry finally and convincingly demonstrate that they are absorbing safer gambling principles into the heart of their business models. There is still a long way to go though, plus a legislative review, and life is not going to get easier for a long while yet. Stateside is where the major excitement has been taking place from a sports betting perspective. Long may that continue and I remain hopeful they will avoid similar regulatory problems to those encountered on this side of the Atlantic in recent times.Yahaya Maikori: Across Africa there have been some disruptive developments – the tax imbroglio in Kenya and the propriety rights claim by Western Lotto against the remaining lottery operators in Nigeria are most noteworthy. In the Nigerian case, Western Lotto Nigeria Limited, a recently licensed operator, sought a court order stopping other operators from running Ghana Games in Nigeria based on its alleged exclusive licence agreement with LMC VAS Ghana, owner of Ghana Games. If Western Lotto has such rights, then it is a great strategic move given that Ghana Games dominates the Nigerian market and has been played since time immemorial. In Kenya the 20% betting tax has upturned the market, leading to the withdrawal of its biggest operators, SportPesa and Betin.Mark Balestra: In the US, the year’s defining event – the Supreme Court ruling striking down PASPA – actually took place in 2018. While it was big news when it happened, its impact was felt throughout 2019, during which the number of states with legalised sports betting climbed. Opinions vary on the potential impact of the DoJ’s opinion letter issued in late 2018 extending the Wire Act’s reach beyond sports betting, but it is notable that the expansion of legalised online casino and/or poker appears to be stalling.How do you see these continuing to shape the igaming space in 2020? JC: The regulator, under assault from the press and – let me be fair – encouraged by far too many historic industry own goals, is in clear peril of reverting to the traditional British approach to gambling, which is that it is a moral vice needing to be controlled, particularly in relation to the poor.DC: Let’s place our trust in the GC to carry the flag for the UK industry to ward off the doom-mongers and naysayers who forecast staking limits, advertising bans and yet more red tape strangling the life and innovation out of the sector. Let’s be optimistic too – surely 2020 might be the year for Germany and the Netherlands to finally launch their igaming space race.YM: The Nigerian case has opened up a new vista in the gaming industry; I doubt that the shallow legal framework can adequately resolve this matter beyond the country’s intellectual property rights laws. It’s a clear argument between rights ownership and anti-competitive strategies, which won’t be resolved easily. With the Kenyan tax matter, I think that the industry will remain in limbo unless the regulator evolves other strategies to address their concerns, which centre on the dominance of foreign ownership and the prevalence of gambling addiction.MB: It is possible that by the end of 2020, more than half of the states will have legalised sports betting. Conflicting Wire Act opinions may continue to hamper the growth of igaming. The federal ruling setting aside the DoJ opinion as it applies to the New Hampshire Lottery has exposed the volatility of the DOJ’s position, but it is a lower court decision that the DoJ interprets as narrowly applicable. The department’s forthcoming actions (or lack thereof) after its self-imposed grace period on enforcing the opinion comes to an end could indicate how things will unfold.What do you see as the biggest challenges ahead for the sector in 2020? JC: 2020 will see further demands for stake limits as well as restrictions on VIP and loyalty programmes. Dangerously, a viscerally moralistic and hostile press is beginning to develop an understanding of the industry, something that will allow the journalists to skate around in silence the massive improvements in customer care that have been made and isolate points that offer scope for further attack.DC: I hate to say it, but the biggest challenge may just be how on earth we avoid more of the same for yet another year.YM: In 2020, as the industry further deepens, poor regulation will continue to throw up disruptive challenges.MB: The Adelson-backed opposition to interactive gambling will continue to influence policy. While a new federal prohibition is doubtful, the Adelson initiative could have a negative effect on expansion to new jurisdictions. In areas of growth – namely sports betting – states have a tendency to overshoot on revenue expectations, and the backlash of the inevitable underperformance could negatively impact expansion to new states.Related articles: Industry 2020 predictions: part one – operators and suppliers Industry 2020 predictions: part two – finance Industry 2020 predictions: part three – marketing Industry 2020 predictions: part four – people Industry 2020 predictions: part five – technology and innovation Industry 2020 predictions: part six – regulation 7th February 2020 | By Joanne Christie Email Address Regions: Africa Asia Europe LATAM US Topics: Legal & compliance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling As the new decade gets underway, industry experts share their thoughts on the opportunities and challenges that lie ahead. Today we hear from regulatory specialists Subscribe to the iGaming newsletterlast_img read more