Thursday 17 February 2011 8:38 pm Show Comments ▼ BNP PARIBAS fourth-quarter profits missed analysts’ expectations yesterday despite a rise in revenue, after it had to write down the value of its stake in insurance firm Axa. The €534m (£348m) Axa charge was put down to stock market volatility, which saw Axa shares drop well below their book value. BNP holds a 5.2 per cent stake in the insurer, which also posted a fall in profits yesterday (see above). BNP’s net income was €1.55bn, up 13.6 per cent but below a consensus analyst forecast of €1.73bn. Group revenues rose 2.6 per cent in the quarter to €10.3bn, just missing forecasts of €10.5bn.The bank was upbeat on the continued integration of its businesses following its acquisition of Belgium’s Fortis Bank in 2009. Synergy targets for the businesses were revised up from €900m to €1.2bn by 2012, as the integration provided a boost to BNP’s revenue.Corporate and investment banking revenues were worst hit, falling 6.4 per cent quarter-on-quarter, but the losses were offset by strong performances in equity derivative and corporate financing. BNP raised its dividend to €2.1 per share, from €1.5 in 2009. It also hiked its cost-savings target for Belgian acquisition Fortis to €1.2bn, from €900m.Chief executive Baudouin Prot said the company would not be on the lookout for any more acquisitions in the near future. “I’ll be very blunt. At the moment, we are not very acquisitive. This year we will concentrate on organic growth,” he said. Shares in BNP Paribas closed down 0.34 per cent at €58.77, having fallen to €57.82 in earlier trading. Tags: NULL KCS-content Profits at BNP hit by one-off writedown whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 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 whatsapp
Following yesterday’s piece explaining why affiliates in Great Britain should not be subject to a licensing regime, BonusFinder’s Fintan Costello sets out why a regulatory framework would benefit the sector. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Marketing & affiliates Following yesterday’s piece explaining why affiliates in Great Britain should not be subject to a licensing regime, BonusFinder’s Fintan Costello sets out why a regulatory framework would benefit the sector. Read the argument against here.There is no hiding from the fact that we are seeing a new wave of regulation across the globe with numerous jurisdictions looking to regulate online gambling, including large parts of the US and Latin America, and Europe’s largest economy Germany.At the same time, established markets such as Great Britain and Sweden are in the process of updating existing legislation and fast-tracking further restrictions on the industry.Many areas of the industry have already adjusted to this approach with operators and suppliers bolstering compliance teams ahead of, or in response to, tougher licensing, advertising restrictions and stricter player protection measures, or when forced to, even tackle multi-million pound fines.However, one sector that has not had to invest in compliance or licensing (except for publicly traded entities), is affiliates. In general terms, we have largely had a free rein since the first bedroom pioneers realised traffic could be monetised, no matter where in the world that came from.Two decades later and the momentum has firmly shifted from dot.com to dot.country, combined with a push for increased standards and an emphasis on player safety and responsible gaming, drastically changing the landscape and ensuring that almost every licensed facet of the industry is liable and responsible for its actions.We have, until recently, not faced any such obligations, however with more countries such as the US opting to licence affiliates and others, such as the UK now floating the idea, there is a growing consensus that this is an inevitable path for the sector .The devil will naturally be in the detail, but in principle, the advantages are clear and large swathes of our community are in favour. We can vouch for this first-hand having been through the US licensing process in five states, successfully securing them all.We also recently joined Responsible Affiliates in Gambling (RAiG) whose aim is to foster wider initiatives in the GB affiliate sector to promote social responsibility and create a safer gambling environment for consumers.This messaging is vital and fully aligned with the drive for change being seen across many of the world’s most important regulated markets. You only have to read the detail of the recent APPG and House of Lords reports to see that several measures will soon be in place to ensure players are further protected.Taking responsibility Many of us have already been voluntarily self-regulating. But to standardise and further professionalise our sector, many affiliates, ourselves included, feel that the right, and arguably the only way to achieve this, is for minimum requirements to be set out and implemented by a form of licensing or registration process.Some will be concerned that licensing will bring further upfront costs and longer-term investment or require onerous amounts of time-consuming paperwork and additional resources. However, as RAiG suggests, this approach is designed to simply supplement an already extensive range of regulations. Moreover, such a system need not be expensive nor burdensome. You only have to look to the GB Gambling Commission’s direct licensing of third-party suppliers, the provision of approved lists of Alternative Dispute Resolution providers and software testing houses to see the successes this has had.The more registered, vetted, and licensed businesses within a market, be they brands, content aggregators or casino comparison sites, the more transparent, visible, and safer the jurisdiction for authorities and players. Combine this with common sense regulation and you have a proven model.And for those that fear bureaucracy, anyone who has signed up for an affiliate programme in the UK will know this is very much like applying for a licence with information required on the company, its ultimate beneficiary or UBO, and marketing channels among other details.If affiliates are licensed, we are both responsible and liable for our actions, but equally firmly in control of our own destiny with certifiable proof that our products and services are fully compliant – the best of the best.The positive knock-on effects are also evident. We are responsible, trusted suppliers, recommended by our peers. We generate increased regulated revenues and are accepted further into mainstream business as we’ve seen other affiliate groups do in the last few years, while our standards and reputation as a community continues to improve and grow in line with other licensed gaming stakeholders.The positive impact of licensing doesn’t end there with the burden on operator partners also considerably lowering. Today, operator compliance teams are in overdrive. If they aren’t busy shutting down the affiliate channel, they are micromanaging all the content published on their sites and dictating extensive requirements (which often conflict with other operators).Partnering with a licensed affiliate would eliminate any of these scenarios, ensuring they work with trusted sources who are held to every T and every C within an affiliate licence and regulatory regime.Level playing field These are early days in discussions on affiliate licensing, but we strongly feel the time is right. Our area of the industry has operated independently for too long, without consistent standards and regulatory oversight, and it is vital we are as accountable, responsible, and as valued as our partners.Clive Hawkswood, chairman of RAiG, rightly says, “the aim must be to work with all stakeholders to ensure that any provisions (around licensing) are proportionate and, most important of all, effective in improving safeguards for consumers”.By licensing and using one voice under associations such as RAiG, and by sharing insights, experiences and data across all elements and areas of expertise, we can alter the course of our future. For the better. This change in mindset won’t be easy for some, but we are convinced that those who don’t adjust, who are resistant to change, or who continue to operate in the shadows of black markets will rapidly fade from view.Fintan Costello is Managing Director of BonusFinder.com. Founded in 2019 with a simple goal to allow people to Play with more’ at their favourite casino or sportsbook BonusFinder.com has created simple to use tools to allow players of all levels to find the perfect bonus that suits their playing style. BonusFinder operates in multiple European markets and holds affiliate licences in five US states. 8th July 2020 | By contenteditor Affiliate licensing: Time to face up to a regulated reality Legal & compliance Tags: Online Gambling Regions: UK & Ireland Subscribe to the iGaming newsletter Email Address
Though sports betting revenues fell dramatically in April and May, to €13.9m and €19.7m, respectively, they rebounded strongly to €34.6m in June. 23rd October 2020 | By Joanne Christie More worryingly, the number of players who registered during the quarter had more than halved since Q1 and was also down 41.5% on the second quarter of last year. Subscribe to the iGaming newsletter Spain iGaming Dashboard – Q2 2020 Casino revenues also rose, by 16% on Q1 and 24.5% on Q2 2019. The change in player preferences saw casino rise to take 44.79% of the overall online gambling market, with betting and poker at 32.63% and 18.29%, respectively. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The second quarter figures for Spain’s igaming market should provide at least a degree of comfort to operators worried about the impact of the recently introduced advertising restrictions in the country. It appears that Spain’s bettors switched verticals during the sporting downtime, with casino and poker seeing significant rises during the quarter. Finance It also provides monthly estimates on several US states, including New Jersey in the New Jersey iGaming Dashboard, Pennsylvania in the Pennsylvania iGaming Dashboard and Iowa in the Iowa iGaming Dashboard. Email Address But while revenue figures may have pointed towards a market holding steady despite the government’s advertising crackdown, when it comes to player numbers the picture was far less rosy. European corporate advisory firm Ficom Leisure is a specialist in all segments of the betting and gaming sector. In May just 84,021 players registered, the lowest monthly total for more than four years. The performance was especially impressive given the lack of sports available to bet on during the period thanks to the novel coronavirus (Covid-19) pandemic. Regions: Europe Southern Europe As was the case in many other jurisdictions, the poker vertical seemed to be of particular appeal to bored sports punters, with poker revenues up 58% on Q1 and 97% on Q2 2019. The number of active players in the quarter was down 29.4% on a quarter-on-quarter basis and 25.3% on a year-on-year basis. Topics: Casino & games Finance Sports betting Bingo Poker Ficom Leisure also provides exclusive monthly estimates on the Italian online market in the Italy iGaming Dashboard, including operator market shares across casino, sports betting and poker. Despite gambling advertising being restricted to the hours of 1AM to 5AM for almost the entire quarter, at €208.9m igaming GGR was down just 4% on the previous quarter and up 17% on the second quarter of last year. In fact, June’s betting GGR represented a 39% rise on the same month the previous year.
TAGS: Highlight Front foot: Emily Scarratt is one of four women’s players to feature on the cover. Photo: Getty Images Champions: England celebrate winning the Women’s Cricket World Cup. Photo: Getty ImagesThe August tournament being held in Dublin and Belfast already looks on course to have record attendances and the standards should be higher than ever. Yes, there will be a few one-sided matches but the recent International Women’s Series in New Zealand demonstrated how competitive the top nations are and while England go in as favourites they are by no means guaranteed to retain the trophy they lifted in 2014.FOR THE LATEST SUBSCRIPTION OFFERS, CLICK HEREAnother boon for the sport is that the Women’s World Cup is being broadcast on terrestrial television, ITV showing games in the UK and RTE airing them in Ireland. This is a chance to introduce women’s rugby to a new audience, to widen its appeal and show the quality of athlete now performing at the elite level. Again, it would be great to see more than just England v Italy (Sunday 13 August) being aired on the main ITV channel rather than ITV4, but games will still be shown on free-to-air channels so the armchair sports fan can access them easily – that’s the main thing.Hopefully our decision to put female players on the cover for the first time will also attract a larger following to women’s rugby and highlight a few of the interesting characters in the game.Lead role: Niamh Briggs will captain Ireland into the Women’s World Cup. Photo: InphoThat’s the thing about women’s sport – the stories are often far more unusual and compelling than the men’s genre because their journeys to the top are so different. The professionalism in many men’s sports, team sports particularly, means that talented players can be signed up to academies at a young age. Women’s rugby is nowhere near that level yet, but that is what produces such engaging characters.Here are a couple of examples. Carolyn McEwen was a figure skater before switching to rugby in her early twenties and now she’s packing down at prop for Canada. Becky Wood, a firefighter, only started playing XVs three years ago but is now in the Black Ferns squad for the global showpiece. At Rugby World we often find ourselves reporting on historic moments and memorable breakthroughs in the oval-ball game. This month, though, we’re the ones making history! For the first time since Rugby World was launched in 1960, the magazine’s cover is dominated by women’s rugby.Back in 2002, then England Women’s captain Paula George shared the cover with Lawrence Dallaglio ahead of the 2002 Women’s World Cup. Fifteen years on, however, we’ve picked four stars of the women’s game to sit front and centre on the cover of our new issue as we preview the Women’s World Cup in Ireland.The quartet who adorn this landmark front page for the September issue, which goes on sale on Tuesday 1 August, are England’s Emily Scarratt, Ireland’s Niamh Briggs, New Zealand’s Portia Woodman and Canada’s Magali Harvey.Personally, I’m hugely proud to have been involved in putting this magazine together and especially to see the women’s game take its rightful place on the cover. Some may argue that this cover is long overdue but it’s still a significant milestone that should be celebrated.I’ve worked at Rugby World for more than a dozen years and it’s always enjoyable and rewarding putting together an issue of the magazine. This one, though, feels that little bit more special, symbolic even.One of my first commissions in journalism was to do the match reports for Saracens Women in the late Nineties. I remember going to watch their games with, say, 50 people on the sidelines (a young Maggie Alphonsi often one of them!). The growth of the game has been incredible to see and while there is still a long way to go – there’s a lot of work to do at grass-roots and club level while the focus many countries are putting on sevens can be detrimental to the XVs game – the sport is certainly moving in the right direction.The decision to make the Women’s World Cup the main sell on our September issue was made before the recent success of cricket’s equivalent but the sellout crowd for the England v India final at Lord’s proves that there is a huge appetite for women’s sport. As players have said to me, it’s no longer just their friends and family turning up to watch big games, it’s general rugby fans. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS A proud moment as female players dominate new Rugby World cover Both these stories – and more – feature in the new issue of Rugby World as we celebrate the best of women’s rugby and put the sport centre stage.I hope you enjoy this magazine as much as we did putting it together.
La crisis climática se cierne como la Parca para todos nosotros, especialmente los jóvenes. Hemos nacido en esta crisis. Muchos de nosotros estamos creciendo en miedo y ansiedad por lo que nos sucederá en unos pocos años.Este miedo es tan fuerte y abrumador que la gente incluso comenzó a llamarlo “desesperación climática”.En respuesta, muchos toman decisiones individuales, como hacerse vegano o compartir el viaje para reducir las emisiones. Si bien tales esfuerzos e intenciones son encomiables, debemos reconocer que estos actos individuales no son ni pueden ser suficientes.Y, en última instancia, se culpa a la gente pobre y de la clase trabajadora de la crisis, que es un acto inflamatorio por parte de la clase capitalista, quien es la responsable de esto. Solo 100 corporaciones petroleras fueron responsables del 70 por ciento de las emisiones mundiales de dióxido de carbono. La magnitud de esta destrucción es garantizar que la riqueza pase a cada vez menos manos.Debemos reconocer que el capitalismo es responsable de esta crisis. Un sistema económico que prioriza las ganancias sobre todo significa que los capitalistas ven los recursos naturales, los ecosistemas y los animales de nuestra tierra como desechables.Eso también incluye a las personas, ya que el gobierno de Bolsonaro en Brasil deja que el Amazonas se queme y deja morir a los indígenas. Tal como está actualmente, los pobres negros, indígenas, latinos y personas de color verán las peores consecuencias de esta crisis, como calor extremo, escasez de agua y pérdida de costas, mientras que los blancos ricos tendrán los medios para escapar de ella. Esto no es una conjetura: proviene de la boca de los científicos del clima y sus informes.Greta Thunberg, una joven de Suecia se ha convertido en una figura prominente últimamente, después de haber inspirado un movimiento de estudiantes que promueva huelgas todos los viernes en todo el mundo para enfrentar la crisis climática. Thunberg asistirá a las huelgas climáticas que comenzarán el 20 de septiembre en la ciudad de Nueva York, así como a la Cumbre Climática de la ONU de 2019. Ella ha pedido desobediencia civil y que los políticos “tomen la ciencia en serio”.Su movimiento constituye un punto de partida fantástico, ya que las huelgas son una de las herramientas más efectivas de las personas. Lo que haría su movimiento aún más fuerte sería abrazar el derrocamiento del capitalismo.NO ES DEMASIADO TARDE. Todavía podemos cambiar la dirección de esta crisis global. Los jóvenes necesitan movilizarse para enfrentar la crisis climática. Nosotros, la clase trabajadora, podemos derribar a la clase capitalista. Este mundo pronto será nuestro, y depende de nosotros llevarlo a un futuro donde el capitalismo ha sido abolido y lo peor de la crisis climática ha sido mitigada.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
News News to go further Organisation JordanMiddle East – North Africa In a letter sent to the new Minister of the Interior, Koftan Majali, Reporters Sans Frontières (Reporters Without Borders – RSF) protests the arrest of Fahd Rimaoui, editor-in-chief of Al-Majd, a left-leaning nationalist weekly. “This arrest is yet another example of the withdrawal of democratic freedoms in Jordan,” says Robert Ménard, RSF’s secretary-general. “We hope that the new government will commit itself to freedom of the press.” RSF_en News According to information collected by RSF, the editor-in-chief of the left-leaning nationalist weekly, Al-Majd, was arrested on January 13th for having “written and published spurious information likely to demean the prestige and reputation of the state as well as the dignity of its people”. The paper’s management noted that this arrest occurred after Al-Majd had published an article on 7 January in which he criticized the performance of the government of Prime Minister Ali Abu Ragheb. The paper’s management also stressed that the paper had published an article in which Fahd Rimaoui announced that a new government would soon be formed. The public prosecutor ordered Fahd Rimaoui to be arrested for two weeks. He is being held in Juweideh jail. Follow the news on Jordan Jordan bans coverage of teachers’ protests January 15, 2002 – Updated on January 20, 2016 Editor-in-chief of a weekly arrested Help by sharing this information August 12, 2020 Find out more JordanMiddle East – North Africa News Coronavirus “information heroes” – journalism that saves lives June 15, 2020 Find out more Two Jordanian TV journalists arrested after broadcasting criticism of lockdown Receive email alerts April 14, 2020 Find out more
RELATED ARTICLESMORE FROM AUTHOR Print Twitter Limerick’s National Camogie League double header to be streamed live Linkedin REVENUE officers with assistance from An Garda Síochana seized €6,750 in cash and 10,000 cigarettes with a retail value of over €5,250 as part of an intelligence-led operation in Limerick this Tuesday.The cigarettes represent a potential loss to the Exchequer of over €4,100.Sign up for the weekly Limerick Post newsletter Sign Up A vehicle was also seized in the operation.The ‘M&J’ cigarettes and cash were discovered when a car was stopped and searched by officers in Limerick city. The cash was detained in accordance with the proceeds of crime legislation and a three-month detention order was granted this Wednesday at Limerick District Court to facilitate further investigations.An Irish national in his sixties was questioned and a file is being prepared for the DPP.This seizure is part of Revenue’s ongoing operations targeting the supply and sale of illegal cigarettes. Limerick Ladies National Football League opener to be streamed live Advertisement Email Previous articleShannon positive despite possible routes lossNext articlePaddy Power reveals secrets to success Alan Jacqueshttp://www.limerickpost.ie WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads NewsCash and cigarettes seized by Revenue in LimerickBy Alan Jacques – October 28, 2015 694 Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Facebook Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” TAGSDPPillegal cigaretteslimerickLimerick District CourtRevenue Predictions on the future of learning discussed at Limerick Lifelong Learning Festival WhatsApp
Home / Daily Dose / Senator Seeks Shakeup at CFPB Print This Post Senator Seeks Shakeup at CFPB Demand Propels Home Prices Upward 2 days ago Tagged with: CFPB deb fischer Data Provider Black Knight to Acquire Top of Mind 2 days ago CFPB deb fischer 2017-02-02 Phil Banker Previous: Distressed Sales Reach Near Decade Low Next: Setting it Right: Goldman Sachs Works Toward Agreement in Daily Dose, Featured, Headlines, News Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport. Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 2, 2017 1,081 Views About Author: Phil Banker The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Third time may indeed be the charm for Sen. Deb Fischer (R-Nebraska).As Democratic lawmakers and attorneys general from several states join together to defend the embattled Consumer Finance Protection Bureau and its director Richard Cordray, Fischer on Tuesday re-filed legislation to replace the Bureau’s single director structure with a five-member bipartisan board of directors.According to a statement released on Fischer’s website, the Consumer Finance Protection Board Act would create a board on which would sit five members appointed by the president and confirmed by the Senate with the president appointing the chair.Board members would each serve staggered five-year terms, and no more than three members would be from the same political party.“For years, the bad decisions made by a single director at the CFPB have kept families locked out of economic opportunity,” Fischer said on her website. “My bill would prevent this misconduct by divesting the authority from one director to a five-member bipartisan board. This much-needed structural adjustment would bring accountability to the bureau and give more Americans a chance to build their own businesses and provide for their families.”Cosponsors of the bill include Senators John Barrasso (R-Wyoming.) and Ron Johnson (R-Wisconsin).Fischer mentions the October 2016 ruling by the U.S. Court of Appeals for the D.C. Circuit ruling that said the structure of the CFPB unconstitutional, saying the board goes against the principles of separation of powers.“Make no mistake: This consolidation of power is the crux of the matter,” Fischer said. “The court made this point clear, stating that the current director, Richard Cordray, ‘enjoys more unilateral authority than any other officer in any of the three branches of the U.S. Government, other than the president.’”Fischer introduced similar versions of the bill in previous legislative sessions, once in 2016 and again in 2014. Both would have likely faced immediate veto by then-President Barack Obama, but could very well find success with President Donald Trump.Trump has already indicated a willingness to weaken Dodd-Frank, the Act which authorized the creation of the CFPB. Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe
PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Facebook Twitter Pinterest Twitter Man arrested on suspicion of drugs and criminal property offences in Derry By News Highland – June 17, 2012 WhatsApp 365 additional cases of Covid-19 in Republic News Facebook RELATED ARTICLESMORE FROM AUTHOR 75 positive cases of Covid confirmed in North Google+ Google+ Black sierra stolen from Station House Hotel carpark in early hours of this morning Previous articleGAA – Donegal 2-13 Derry 0-9Next articleMicheala McAreavey murder trial could last another several weeks News Highland WhatsApp Gardai are appealing for information after a car was stolen from the Station House Hotel car park in the early hours of this morning.Mickey McGookin from Ballymeana was down for the Donegal rally and was staying in the hotel.He believes is car was stolen at around 1230 last night.The car is a Black Ford Sierra Cosworth lookalike.Mr McGookin has seen the CCTV footage from the Station House, and he’s appealed to anyone with information to go to the Gardai……[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/mick6.mp3[/podcast] Further drop in people receiving PUP in Donegal Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest