Month: August 2020

first_imgAn agreement for the importation of cheap natural gas from Venezuela was signed on Saturday between T&T Prime Minister Dr. Keith Rowley and Venezuelan President Nicolas Maduro. The terms of agreement was between the National Gas Company (NGC), the Venezuelan NGC, Shell and the Venezuelan state-owned oil and natural gas company, Petróleos de Venezuela, S.A. (Petroleum of Venezuela).Secure source of gas“We may have been able to save our industry by getting a secure source of gas for the downstream sector. It may over time also allow us to look at the expansion of the downstream sector and investments there, as long as we can show investors we have a secured stream of gas,” Rowley told journalists on the flight back from Venezuela.He also revealed that the NGC has been able to negotiate a tranche of gas for power generation at an even lower price than the rest of the gas to be used by the petrochemical sector.Oil pipeline to be builtRowley said the pipeline carrying the gas from Venezuela’s Dragon Gas field in Eastern Venezuela to Shell’s Hibiscus platform off the North Coast will be built and owned in a joint venture between the NGC and Shell Trinidad.The estimated cost of the construction of the pipeline is over TT$1 billion (One TT dollar =US$0.16 cents).During the signing Rowley and Maduro acknowledged that the agreement had come a year and a half after they signed a Memorandum of Understanding for the project.The Dragon field is located within Venezuela’s maritime territory, just off the north-west coast of Trinidad. It is close to the Hibiscus platform, jointly owned by the Trinidad and Tobago government and Shell.Shell is also the operator of Dragon. The deal will hopefully see Venezuelan gas from Dragon transported to Hibiscus and then to Point Fortin, where Atlantic will turn it into liquefied natural gas (LNG).Shell is also the helping the Trinidad and Tobago government develop and process gas from Loran-Manatee, which is off the south-east coast of Trinidad, and spans the maritime borders of Venezuela and Trinidad and Tobago.The Loran-Manatee field has an estimated 10.25 trillion cubic feet of gas of which roughly 74 per cent belongs to Venezuela with 26 per cent belonging to Trinidad and Tobago.last_img read more

first_img2018 theme Black Art Matters explores current challenges, and renewed assaults on Black Lives that artists of African descent have brought attention to.Neil Hall promotes the Black DiasporaEight years may seem like a long time, but for architect and cultural arts influencer  Neil Hall, 72 months is not nearly enough time to promote the generous contributions of the Black diaspora, which date to the beginning of time. His inaugural Art Africa Miami Arts Fair (AAMAF) opening was purposefully established in Historic Overtown in 2011 and set a precedent as the largest showcase of contemporary artists from the African Diaspora during Art Basel. Black Art MattersThis year’s theme confronts all stereotypes and ignorance with a bold statement: Black Art Matters: It’s Not A Choice. The Art Africa  Miami Arts Fair will be held at 919 and 920 NW 2nd Ave, Miami, FL from December 5-9, 2018. The fair is put on with the support of the Southeast Overtown Parkwest Community Development Agency. Art Africa Miami continues to bring a vital and essential cultural service to the South Florida community, lending the Magic City a truly international flair.A vibrant cultural legacy was established in what was once known as the cultural hub of Miami. Hall has been committed to expanding upon on that legacy by promoting contemporary art from the global Black community. “Art stirs the soul and your imagination,” says Hall, visionary and licensed architect. “The visual arts are a critical aspect to all of us as human beings. It started with the caveman just sketching things. It is important to our psyche and thoughts.”Black Art Matters: It’s not a choice explores how Black art has always been and still is about an intellectual, political and artistic rereading, trying to think of the contemporary condition of peoples that have been involved in struggles to stay human. Black Art Matters unveils how the contemporary accommodates itself with oppression thus the necessity for Black proclamations of emancipation, independence, liberation, and revolution. The central idea of AAMAF is to present an array of visual works that pay homage to the centrality of Africa and its descendants’ contribution to the modern art world. Hall notes, “Many people are defined by the art they create.”The Southeast Overtown Park West (SEOPW) Community Redevelopment Agency (CRA) has demonstrated a commitment to using as the arts as a means of economic development. From commissioning legendary artist Pervis Young to paint its major overpass to sponsoring the annual Overtown Music and Arts Festival, and being an original partner in AAMAF, the CRA uses these investments as opportunities to attract cultural tourists to the area and revitalize the CRA boundary.Black Art performs an educational function through graphic representations of human conditions from a variety of points of view and with different media. The 2018 edition of Art Africa Miami explores how Black art has always been and still is about the production of knowledge – the intellectual, political and artistic rereading, and thinking about the contemporary condition of people that have been involved in struggles to maintain their humanity. Black Art Matters because Black peoples’ lives matter and artists have always been central to this affirmation.Visit www.artafricamiamifair.com for more information.last_img read more

first_imgMIAMI, FL-February 1, 2020 –– AFRICA UMOJA The Spirit of Togetherness, a story of the African continent and its unbreakable spirit, is set to arrive in South Florida for its one and only American appearance Tuesday, February 25th through Sunday, March 1st 2020 at the Miramar Cultural Center in celebration of Black History Month. Sponsored by Cox Media Group and Aetna, the production is presented by and benefits The Embrace Girls Foundation, Inc.“All children should have access to opportunities that will help them thrive academically and socially. The Embrace Girls Foundation fills this need in underserved and low-income communities, ensuring that the students they serve are exposed to important and meaningful academic, wellness and enrichment programs,” said Richard Weiss, Aetna’s market president in Florida.“Aetna is proud to support this organization while building on our longstanding commitment to celebrating Black history.”Aetna is not alone in its support. The National Organization of Black Law Enforcement Executives; The Links, Inc., Miami-Dade Chapter; Black Professionals Network (BPN); WMBM-Gospel AM 1490; and Jesus People Full of Faith Ministries all have committed to hosting shows encouraging their members to support. WPLGTV Local 10 and Miami-Dade County District 1 Commissioner, Barbar J. Jordan are sponsoring students to attend Educational Day Shows and Commissioner Jordan is also sponsoring a pre-retirement evening show for her Miami Gardens constituents.“We are extremely humbled to have the support these individuals and companies,” says Velma R. Lawrence, CEO/Founder of The Embrace Girls Foundation, Inc., a South Florida based charity that provides after and during school academic, social, cultural and life skills training for girls who reside in underserved communities, at-risk homes or, attend low performing schools adding “many of the families and students attending these shows may not have had the opportunity to share in this amazing cultural experience that embraces family, unity and most of all a cultural experience unmatched.”Conceived by Todd Twala and Thembi Nyandeni and produced by Joe Theron, Africa Umoja was developed to educate a new generation of South Africans about their rich heritage and the power of unity (Umoja is the Swahili word for unity) by showcasing the glory days of South African music and dance, that persisted even during the country’s hardships. However, the show has become much more than either of its founders could ever have imagined, dazzling audiences and receiving standing ovations and breathtaking reviews in more than 50 countries across the globe over the last two decades.Fueled by history, the cast of 33 young adults are arguably South Africa’s most versatile and dynamic singers, dancers and drummers, drawn from the myriad of cultures that compose their rural worlds. The production will feature traditional love songs, lullabies, and internationally acclaimed choreography that narrates in passionate song and dance the moving tale of love and community that helped Black South Africans triumph during some of their country’s stormiest passages.Audiences will experience life in townships through authentic tribal dancing, joyous gospel singing, explosive drumming and heartfelt performances in an exciting tribute to South Africa and the Zulu heritage. Africa Umoja also celebrates South Africa’s freedom and democracy through a tribute to Nelson Mandela. The production includes the song “Long Road to Freedom,” which was written in Mandela’s honor and performed to visuals of Mandela in jail on Robin Island and his release from Poslmor Prison in 1990. In addition, there is a jaw-dropping tribute to America’s civil rights legend, Dr. Martin Luther King, Jr.Africa Umoja carries the audience on a musical journey right up to “Kwaito,” the equivalent of American hip-hop in culture, fashion and expression that is the dynamic club climate of South Africa today. The authentic pride spilling off the stage is utterly irresistible and a refreshing change to the norm of manufactured performances. Africa Umoja is a pulsating celebration of Black History from then until now, telling a story that every family anywhere can embrace.The Miramar Cultural Arts Center is located at 2400 Civic Center Place, Miramar, Florida 33025.Multiple performances are scheduled as follows: Evening performances are Tuesday through Sunday at 7 P.M.; Matinee performances are Saturday and Sunday at 2 P.M.; Group Performances Booked at www.embracegirlpower.org include; Educational Student performances @ 10:30 A.M. designated days; Weekends from 11A.M. – 4 P.M., the Miramar Cultural Center will be transformed into the Africa Umoja Family Fun Village featuring the Island Boys Seafood Trucks Festival and a host of free family-friendly vendors and activities.All seats are reserved. Tickets are VIP Opening Night Gala: $100, $75 and $50; Weekday Nights: $60, $50, $25; Weekend Nights: $75, $65, $40; Educational Student Days: $15.last_img read more

first_imgRelatedAudio: Eguma not new to league ultimatum – OvokeAugust 14, 2017In “Nigeria”Women’s AITEO Cup final preview: Badly wounded Rivers Angels seek healing in JosOctober 16, 2017In “Nigeria”AUDIO: We Want To Win The Aiteo Cup – MaikabaSeptember 14, 2017In “Nigeria” Rivers United midfielder Esosa Igbinoba says the Club have shifted their attention to the Aiteo Cup after beating Remo Stars 3-1 in the league on Sunday.Goals by Bernard Ovoke, Emeka Ogbugh and Esosa ensured they bounced back to winning ways after being held to a 1-1 draw by Katsina United in Port Harcourt on Matchday 33.“We came all out to fight for the three points. We’ve been pushed to the wall. We know where we are on the log and we told ourselves that we just have to fight to get the three maximum points,” the former Nasarawa United star said after the win over Remo.“The spirit was a little bit low, but when we heard that the coach was given a three match ultimatum, we talked to ourselves that this can’t happen.“We are all in this together, so we have to fight and push everybody to the top. That’s why we came all the way to get the three maximum points.He added: “We are out of the race for the title, we are shifting) our attention to the (Aiteo) Cup.”  Writer:                                                                                                                                                                  Kingsley Oyerolast_img read more

first_imgSpeaking about his decision to withdraw from Flushing Meadows, Raonic said: “I have too much respect for the US Open and my fellow competitors to take a spot in the draw when I know I cannot give full effort due to this injury.”The US Open starts on Monday 28 August 2017. Canada’s Milos Raonic becomes the latest high profile player to withdraw from this month’s US Open due to a recurring wrist injury.The World number 11, who plans to return to tennis before the year runs out, joins Novak Djokovic (elbow injury), Stan Wawrinka (knee injury), and Kei Nishikori (tendon tear) on the US Open injury list. Related2019 US Open: Raonic Withdraws With Glute InjuryAugust 26, 2019In “Tennis”Andy Murray Withdraws From The US Open, Fails To Recover From Hip InjuryAugust 27, 2017In “Sports”Stan Wawrinka Quits Tennis Due To Knee Surgery, Won’t Defend US Open TitleAugust 4, 2017In “Tennis”last_img read more

first_img Ray Wilson, AMLGS: Industry deserves praise for its reaction to a new normal July 23, 2020 Share Swedish gaming company Cherry has increased its stake in affiliate firm Gaming Lounge, taking its total holding to 95%.Three years after its wholly owned subsidiary, Cherry Malta Ltd, acquired 51% of the shares in the company, the gaming group has resolved to take onboard a further 44% that will be financed through a combination of cash and a new issue of shares.Shares remaining following the acquisition are to be held by the founders of Game Lounge, with the individuals also set to stay on as the company’s Head of Sales and Chief Executive Officer respectively.Anders Holmgren, CEO of Cherry, said: “Game Lounge holds a strong position in a growing market. In the third quarter 2017, Game Lounge continued to grow, and revenue amounted to MSEK 45, an increase of 180 percent compared with the third quarter 2016. EBITDA margin amounted to 75 percent. “Game Lounge’s business model is remarkably scalable, the company has unique capabilities in search-engine optimization (SEO) and is the recognized standard in affiliation within the gaming industry.“We see great potential to expand the scope of the business to also include other segments, such as the loan affiliate website Lainat.fi, acquired by Game Lounge in November.”Cherry has stated that the purchase price is based on a multiple of 4.5 times the 2017 profit of the affiliate operation and 6 times the 2017 profit of the white label operation.Adding that ‘the cash portion is to be disbursed before 30 April 2018 and the new issue must be settled by the Cherry AB Annual General Meeting in May 2018, after which the transaction is expected to be closed.’ Related Articles StumbleUpon TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Share Submit Genesis to appeal UKGC’s ‘disproportionate suspension’ July 23, 2020last_img read more

first_img Toronto TSX-listed The Stars Group Inc, has today published its Q1 2018 trading update (period ending 31 March), detailing strong corporate progress as the firm prepares for a significant enlargement of its operations, products/services, and overall business entity.The TSX enterprise reports growth across its core corporate metrics and KPIs, recording period group revenues of $393 million, up 23% on corresponding Q1 2017’s $317 million.In its update, the Stars Group governance details the positive uptake and player engagement of its ‘Stars Rewards’ loyalty program, which has been expanded across multiple territories, running alongside the firm’s ongoing ‘diversification strategy’.The firm’s flagship PokerStars division recorded a 12% revenue uplift to $245.9 million, supported by a 55% increase to $134.5 million, in combined online casino and sportsbook revenues.“The Stars Group’s strong first quarter results continued our organic growth trajectory,” stated Rafi Ashkenazi, The Stars Group’s Chief Executive Officer.“We are pleased with the performance of each of our verticals, poker, casino and sportsbook, which are benefiting not only from the continued success of Stars Rewards but also from our strategy of focusing on the customer and continued improvements to our product offerings.”Closing a busy Q1 2018 trading period, the Stars Group governance declares corporate net earnings of $74 million (Q1 2017: $65 million), as the firm prepares to absorb the new assets of CrownBet ltd, William Hill Australia and Sky Betting & Gaming.“Moving forward, the exceptional foundation of our existing business will be complemented by our acquisitions of CrownBet and William Hill Australia, and expected completion of the Sky Betting & Gaming acquisition.”“These acquisitions will help diversify our revenue base, increase our exposure to regulated markets, and transform our combined sportsbook into a second customer acquisition channel. These new additions will accelerate not only the organic growth we are seeing in our existing business but also our progress towards realizing our vision of becoming the world’s favorite iGaming destination.”The firm’s enlargement will see the Stars Group governance deliver a new 2018 full-year guidance alongside its half-year corporate update, which is scheduled for this August. Share Submit StumbleUpon Sharelast_img read more

first_img Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth July 24, 2020 Share Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk  August 10, 2020 Submit The ninth edition of the International Women in Gaming Diversity Awards has taken place at The Savoy Hotel London, with a number of winners lauded throughout the night.Amongst them was Kindred Group, more specifically it’s legal team, who were crowned ‘Team of the Year,’ being recognised as “a team that has delivered change in the field of equality, diversity and inclusion in their company.”Stating that “diversity and equality are key parts of Kindred’s sustainability framework.” which sees it’s legal team consist of 12 employees represented by a 70%-30% female to male split, also consisting of more than seven nationalities, the group states a number of initiatives have been undertaken to drive this area of the business forward.Amongst them was it’s link-up with the All-in Diversity Project, an industry-driven initiative to benchmark diversity, equality and inclusion for the global betting and gaming sector, which it joined as a founding member. Henrik Tjärnström, Chief Executive Officer at Kindred Group, commented: “Equal opportunities lie at the heart of the entire employee journey at Kindred and it remains a key focus for the Group to improve on diversity and equality. “We are proud of the women and men who continue to drive our business forward and this award is a great testament to the hard work our legal team delivers everyday.”Liv Biesemans, Head of Legal Kindred Group, added: “I am extremely happy and proud that my team is recognised with this award. This team’s expertise and dedication drives our business’ success, makes us a true leader in the industry and contributes to Kindred being a great place to work.” Share Unibet backs #GoRacingGreen as lead racing charity  July 28, 2020 StumbleUpon Related Articleslast_img read more

first_img Submit Related Articles StumbleUpon Share UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service  August 20, 2020 The UK government’s independent Regulatory Policy Committee (RPC) has published its assessment of the Department for Digital, Culture, Media & Sport (DCMS) policy enforcement on ‘FOBTs wagering and social responsibility standards’.The RPC has reviewed whether DCMS inbound UK gambling FOBTs regulatory policy (to be enforced 1 April 2019), has effectively assessed social costs/benefits, industry impacts and further macro dynamics.The policy review signed by RPC Chairman Anthony Browne, concludes that DCMS policy mandate is ‘fit for purpose’ and can/should be enforced on the UK gambling industry and its wider stakeholders.The RPC’s report details that DCMS has undertaken a fair assessment of potential business impacts, detailing industry-wide GGY reductions at £540 million per annum.Furthermore, the RPC details that DCMS has formed a fair assessment of UK betting transition costs, and has gained a fair industry consensus supported by alternative analyses and scenarios offered by ‘Big Four’ auditor KPMG.Whilst DCMS industry review has been comprehensive, the RPC details that there has been a limited analysis on small/micro business assessments which are a concern as –  ‘two of the five small businesses that responded to the consultation said that they would have to close stores’.In its review of social benefits and whether the policy will ultimately reduce gambling-related harms, the RPC notes that DCMS assessment has been driven by the Institute for Public Policy Research (IPPR) ‘which estimates that B2 gamblers are imposing a cost of £1.5 billion onto themselves’.However, DCMS has not overstated the policy’s social benefits, by acknowledging that available data is limited on impacts. and that it is difficult to replicate analysis or test assumptions on its gambling policy.Utilising wider stakeholder analysis, DCMS points to Centre for Economics and Business Research (CEBR) which details that an effective policy implementation may reduce government costs on gambling harms related to civic health, welfare housing, and criminal justice services.“The CEBR report suggested that potential reductions in gambling-related harm from introducing a £2 maximum stake on B2 gaming machines might be between £430 million and £1.3 billion per year.” Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Share UKGC launches fourth National Lottery licence competition August 28, 2020last_img read more

first_img Codere secures €250m credit lifeline on aggressive interest rates  July 14, 2020 Related Articles Share Codere merges Italian fruit machine units forming CODWIN July 3, 2020 Submit StumbleUpon Share Mozzartbet sets sail in South America taking over Meridianbet Colombia July 22, 2020 A Mexican federal court has denied Grupo Codere the right to open a further 45 casino/betting establishments, hindering the Bolsa Madrid gambling group’s LATAM expansion plans.Last week, Mexican news sources revealed that on 15 April a Mexican Tribunal on administrative matters had revoked ‘Recreativos Codere’ its previous exemption from Ministry of Interior rules on licensing gambling properties.The tribunal’s ruling dates back to 2007, when Codere was granted its first concessions to expand in Mexico. Nevertheless, in 2012 federal changes to Mexican gambling laws would institute that permits could only be granted to ‘single gambling establishments’, which under no circumstances can operate multiple gambling premises ‘under one authorization’.Codere governance appealed the gambling reforms, arguing that Mexican authorities should simply grant Codere permits as requested.In its judgement, the tribunal underlined that Codere had been granted a number of favourable rulings during an 11-year period, helping the operator expand its Mexican presence.At present, Codere operates 95 gambling/betting properties across Mexico, with the gambling group recently renewing its racing concession with the Hipódromo de las Américas for a further 15-years.The Spanish gambling group has operated in the Mexican market since 2004, and services a full inventory of products, including bingo, gaming halls, casino and sportsbook properties.Entering 2019, Codere governance would underline growth in the Mexican gambling market as a key corporate directive in the firms ‘2021 transformation programme’– with the company actively seeking new Mexican licenses.last_img read more