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EU President: Survival of Euro at risk

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & Shepherd EU President: Survival of Euro at risk Show Comments ▼ KCS-content whatsapp whatsapp Tuesday 16 November 2010 9:36 pm A FRESH round of misery spread through Europe yesterday as Ireland’s continued insistence that it does not need a bailout sent stocks plunging on both sides of the Atlantic. The FTSE 100 recorded its biggest drop since August, falling 1.5 per cent yesterday to close at 5,690. The Dax dropped 1.2 per cent to close at 6,672 and the Eurostoxx 50 slipped 0.4 per cent to close at 2,810. In the US, the Dow Jones fell 1.6 per cent, to 11,023.50 – its lowest level in a month.Eurozone finance ministers will today meet for a second day of talks, with the likelihood of an Irish bailout at the top of the agenda.EU President Herman Van Rompuy yesterday spooked investors by saying that the crisis was a matter of “survival” for the EU’s institutions. He said: “If we don’t survive with the Eurozone, we will not survive with the European Union.”Funding for a bailout is most likely to come both from the EU and the International Monetary Fund, but there is also the possibility of bilateral loans from the UK, due to Britain’s heavy reliance on trade with Ireland. Chancellor George Osborne yesterday said he did not want to add to speculation by commenting.The latest shocks came as the Irish government yesterday disappointed markets by clearing its parliamentary schedule for a special statement and then failing to announce any measures to deal with its spiralling debt crisis.“What we are doing is discussing with our European partners as to what stabilisation (measures are)… necessary,” Prime Minister Brian Cowen said. He also tried to deflect pressure by saying that the insolvency crisis was in Ireland’s banking sector, not its public finances. However, the government has promised to guarantee all Irish bank debt. In response to Cowen, the yield on Irish ten-year bonds jumped back over 8.2 per cent and opposition leader Eamon Gilmore said: “I’m not quite sure why you made this statement today.”As fears grew that the Irish situation is becoming a European contagion, ten-year Portuguese and Spanish gilt yields also rose yesterday, to 6.8 per cent and 4.6 per cent respectively.Investors have now begun to question whether Portugal could be next. Its government was yesterday forced to deny that, like Germany, it has been pressuring Ireland to accept a bailout in order to calm the markets and save itself from a similar fate. The cost of Greek debt also rose as Austrian finance minister Josef Proell said that Austria would withhold its €190m contribution to the country’s rescue package until Greece fulfilled its promise to get its deficit down to 8.1 per cent of GDP for this year. Share Tags: NULLlast_img read more

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Experian hikes dividend as profit jumps

first_img Share Show Comments ▼ John Dunne Tags: NULL Experian hikes dividend as profit jumps whatsapp whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Credit information group Experian hiked its interim dividend and said it continued to look at ways of returning cash to shareholders after a stronger than expected first half.“We will continue to evaluate options for returning surplus cash to shareholders,” the company said in a statement after raising its first interim dividend by 29 per cent to nine cents a share.Experian, best known for running consumer checks for banks, responded to pressure to unlock its cash reserves in May with a share buyback and said that the £220m programme remained on track.The FTSE 100 listed company said benchmark first half profit before tax rose 12 per cent to £283m as economic recovery and emerging markets helped boost revenue by eight per cent“For the year as a whole, we expect to deliver similar rates of organic revenue growth to the first half, and we are targeting modest improvement in our EBIT margin,” said chief executive Don Robert. 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Wednesday 17 November 2010 3:29 amlast_img read more

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Start planning for Eurozone break-up

first_imgMonday 22 November 2010 8:51 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com whatsapp whatsapp KCS-content Start planning for Eurozone break-up center_img ONE should always have a Plan B, an emergency exit strategy. Offices, cinemas and restaurants always have a way out in the event of a fire; nobody would want to travel on a boat without life rafts in working order. It is bizarre, therefore, that such common sense has until now been absent from economic and financial planning.Financial institutions grew into giant behemoths without anybody working out what would happen if things went wrong – there were no living wills, no special resolution procedures to unwind bust banks without taking down entire economies, no real plan of action to deal with catastrophe. The assumption appeared to be either that Armageddon would never happen or that the government would always be able to step in and sort everything out easily if it did. It was the same with the single currency. Countries that took part purchased a one-way ticket on the Titanic. There was no way of exiting, no mechanism to allow states that ultimately couldn’t cope to pull out. Problems were defined away: in theory, bailouts were illegal and all member states were contracted to pursue sustainable policies. In the case of the Eurozone, this was deliberate: political projects of that magnitude need to feel inevitable if they are ever to have a chance of getting off the ground. Lots of work has taken place on trying to devise special bankruptcy procedures for banks, especially in America. Yet progress has been slow and none of this is ready for Ireland’s fallen giants. But it is not too late for a new plan to allow weaker countries to exit the euro at a minimum economic cost to the rest of us. George Osborne was right to warn Eurosceptics that “I told you so isn’t much of an economic policy” but that doesn’t mean that endless bailouts are the answer either. Imagine what would happen were the contagion to reach Italy or Spain. The European Central Bank would step in, purchasing hundreds of billion of euros worth of bonds from those countries, paid for by freshly created money. This would outrage the Germans, who only put up with the euro because they think the European Central Bank shares the Bundesbank’s hawkishness. German citizens would rightly hate to see the value of the euro in their pocket being put at risk by the ECB monetising the debt of profligate Club Med countries. They would be even more angered by the next step, an Irish or Greek-style bailout. The disenchantment would work both ways. There have been dozens of IMF bailouts over the years, mainly of countries in Africa and Latin America; rarely do the recipients thank their “rescuers”. Bailouts always come with strings attached and invariably fuel rage, protectionism and nationalism. It would be no different in the EU.So it is looking grim for the single currency. One option would be for troubled countries to be booted out. Unfortunately, replacement currencies would lack credibility and slump instantly, making it impossible for countries to repay any euro-denominated debt. They would have to peg their new currencies to a commodity, such as gold, but that would require a credible economic policy. Another option would be for the Eurozone to break into two, with the core – led by Germany – adopting a strong currency and the periphery a weaker one. Again, this would be fraught with problems. One thing is certain, however: now is the time to begin working on a plan B for the Eurozone. [email protected] 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ Tags: NULLlast_img read more

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ALAN SUGAR BECOMES A CHRISTIAN COVER STAR

first_imgPLANE TASTESHE made his name flogging reasonably priced clothes to the British people when he was chief executive of M&S, and is still the company’s chairman, but as he counts down to leaving the job – he will stand down in 2011 – it seems that Sir Stuart Rose’s tastes have become a little more highfalutin. Asked in a newspaper over the weekend what he wanted for Christmas, the high street supremo responded that he hoped to receive a plane. More specifically, “a TBM 850 single-engined high-performance turboprop, built by Socota, powered by an 850HP P&W PT6A-66D engine.” Tricky to fit in a stocking. I bet he gets pants, like the rest of us. From M&S. whatsapp BLACK EMUSTHEY probably aren’t laughing in Dublin or Madrid, but maybe it’s best to keep a sense of humour about the euro’s latest disasters. Goldman Sachs chief economist Jim O’Neill – the man who coined the terms BRICs to describe the emerging economies of Brazil, Russia, India and China – has been holding forth on the future of the euro. The picture he paints is not positive. But it seems he sees laughter in the darkness. He said that “very extreme” outcomes are possible for Eurozone countries, if they don’t come together and start some sort of fiscal union. “There are elements of the black swan concept that seem rather applicable to the EMU story,” he quipped. Some economists are loath to speak out right now. It’s good to see that some are prepared to say that the euro is a turkey. Share Sunday 28 November 2010 7:38 pm whatsapp ALAN Sugar likes to boast that he was in the Jewish Lads Brigade in Hackney, flew Jewish comedian Jackie Mason over from New York for his 40th birthday party and when a contestant on The Apprentice told him “I’m Catholic and I give you my word”, he replied: “I’m Jewish and I couldn’t give a toss.” A funny choice to be the face of a campaign to convert people to Christianity, then. But the Scottish branch of the Assemblies of God, a fundamentalist Christian group, has somewhat bizarrely put Lord Alan on the front of its latest magazine, as an example to its congregation on how to evangelise. The accompanying article says Christians should be more like the former Amstrad chief executive when trying to recruit to the church. “In business terms, it should be the easiest thing in the world for us to promote faith in Christ because we believe 100 per cent in our product,” it argues. “Lord Sugar has no involvement whatsoever with this organisation and we have had no approach for permission for his name or likeness to be used in this article,” his spokesman told Scotland on Sunday. The Capitalist can’t help thinking that they could have put the message across more simply, with a picture of Lord Sugar wagging a finger and a dirty great headline reading “Sinners: You’re Fried”. 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comcenter_img KCS-content Show Comments ▼ ALL IN ON REDYOU might recall that a couple of weeks ago a box of vintage Bordeaux was sold for £43,000 at auction in Hong Kong. Well, it’s been bettered. A casino in Singapore has gone, er, all in on red by splurging £111,000 on a case of Burgundy. Which, if your maths isn’t immediately up to it, comes in at £9,250 a bottle. The wine in question was a Romanée Conti 1971, which has been described as having a “perfumed mix of spiced tea, smoked beef jerky and abundant earth.” Gary Boom, MD of wine auction expert Bordeaux Index, who has recently hired a representative just to look after the growing market is Singapore, said that demand is being driven there by “gift-giving”. Good times. ALAN SUGAR BECOMES A CHRISTIAN COVER STAR Tags: NULLlast_img read more

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TNT sells mail units to PE fund

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 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 Farm Share whatsapp whatsapp Thursday 13 January 2011 7:24 pm 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 KCS-content center_img TNT sells mail units to PE fund Dutch post and express firm TNT has sold its Belgian mail and Italian unaddressed mail units to their management and Benelux private equity fund NPM Capital. It has not disclosed the sale price but analysts estimate proceeds would be about one times sales for the Belgian business, which excludes TNT’s Belgian parcel operations, and substantially less for the Italian activities. Show Comments ▼ Tags: NULLlast_img read more

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Insiders hope gambling ad changes can be agreed next week

first_img Subscribe to the iGaming newsletter Secretary of State for Digital, Culture, Media and Sport Jeremy Wright is among those to have welcomed reports that a voluntary ban on betting advertising during sports broadcasts is close to being agreed.Wright (pictured) said further restrictions on advertising would be a “welcome move” in response to an erroneous BBC report that Remote Gambling Association (RGA) members have already agreed to voluntarily implement a ban on gambling advertisements during live sports events other than horse racing.iGamingBusiness.com understands it is hoped an agreement will be reached by next Wednesday (Dec 12), although it must be signed off by the Industry Group for Responsible Gambling, which represents all five major UK gambling industry associations.Wright welcomed the industry’s proactive approach since discussions over changes to the Gambling Industry Code for Socially Responsible Advertising began last month.“Welcome move from gambling firms today on advertising ban during live sport,” Wright said. “Pleased to see industry responding to concerns raised and helping to protect children and vulnerable people from risks of gambling related harm.”Critics of the gambling industry were disappointed to see that the reported provisional deal applies only to television advertising. The Campaign for Fairer Gambling argued that only a ban covering shirt and league sponsorship, and pitch-side scrolling displays will be effective.GambleAware chief executive Marc Etches said that while the charity supported action on television advertising, changes must also be taken on online marketing.“We have been saying for a long time now that gambling is being increasingly normalised for children,” he said. “They are growing up in a very different world than their parents, one where technology and the internet are ever present.“So while we welcome this move by betting companies, it is important to pay attention to analysis that shows the marketing spend online is five times the amount spent on television.“The fact that it is reported one in eight 11 to 16 year olds are following gambling companies on social media is very concerning.”The proposed “whistle-to-whistle” ban was enough to cause a significant blow to major gambling operators’ share prices. William Hill shares were trading down 3.3% at 157.2p today (December 6), while Ladbrokes and Coral owner GVC was down 4.0% to 692.5p and Unibet owner Kindred Group was down 3.7% to SEK86.5.Free-to-air broadcaster ITV, which shows many England international football matches, was down by 4.3% to 132.35p. Insiders hope gambling ad changes can be agreed next week 6th December 2018 | By contenteditor Politicians, campaigners and investors react to reports an agreement to stop betting advertising during live sport broadcasts is near  Topics: Marketing & affiliates Marketing & affiliates Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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William Hill partners Income Access to revamp affiliate programme

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter William Hill US has linked up with marketing technology and services provider Income Access to expand and strengthen its affiliate program across the country. Subscribe to the iGaming newsletter Marketing & affiliates Email Address Regions: UScenter_img Topics: Marketing & affiliates Sports betting William Hill US has linked up with marketing technology and services provider Income Access to expand and strengthen its affiliate program across the country.Paysafe Group-owned Income Access will work with William Hill US to launch tracking and reporting tools to support affiliates in the US, with a particular focus on New Jersey’s igaming marketThe bookmaker said that the partnership will also enable its affiliates to quickly launch campaigns, as well as benefit from flexible commission schemes and a comprehensive ad serving tool.William Hill US currently operates over 100 sportsbooks across the US, including land-based, online and mobile platforms.Read the full story on iGB North America. 30th July 2019 | By contenteditor William Hill partners Income Access to revamp affiliate programmelast_img read more

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Penn National names Apple’s David Williams as new CFO

first_img Penn National Gaming has appointed David William, a Apple executive, as its new chief financial officer and executive vice president with effect from 3 March. Subscribe to the iGaming newsletter Penn National names Apple’s David Williams as new CFO Topics: Casino & games Finance People Sports betting Strategy Email Address Casino & games 24th January 2020 | By contenteditor Penn National Gaming has appointed David William, a Apple executive, as its new chief financial officer and executive vice president with effect from 3 March.Williams will assume responsibility for all Penn National’s financial and treasury functions, as well as helping to develop and support its various strategic growth initiatives including its igaming and sports betting businesses.Replacing William (B.J.) Fair, who announced his intention to step down in September of last year, Williams will report directly to Penn National’s new chief executive Jay Snowden.Williams will join Penn National from Apple where, since 2012, he has served as chief financial officer of Claris, the technology giant’s B2B software subsidiary formally known as FileMaker.In this role, Williams was responsible for all aspects of the division’s finance and strategic planning. He also managed its information systems and operations functions.Williams joined Apple’s AppleSoft division in 1995 and worked on the AppleSoft integration into Claris later that year.Read the full story on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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London casinos offer compromise on Covid-19 curfews

first_imgRegulation “It is no exaggeration to say that a blanket 10pm curfew would be devastating for a sector which does more than half of its business after that time and which is still struggling to get back on its feet following the first lockdown and the collapse of tourism,” Dugher said. London casinos offer compromise on Covid-19 curfews 21st September 2020 | By Aaron Noy Instead of closing their entire facility by 10pm, the casinos have offered to shut their bars, while continuing to operate the rest of the venue safely in line with measures put in place since reopening on 15 August. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “The alternative is the prospect of thousands of job losses – both in London and across the UK – and the permanent closure of some of the capital’s most iconic casinos that can help power our much-needed economic recovery.” “Closing our bars rather than our entire casinos would have a more limited impact on our revenues, would protect jobs, preserve the future of casinos and would retain tax receipts for the Treasury.” Mayor of London Sadiq Khan is also said to be in favour of a similar curfew in the capital, but the city’s 24 casinos have written to Khan to offer a compromise that they said would help protect thousands jobs. Michael Dugher, chief executive of the Betting and Gaming Council (BGC), said that while he supports the government’s aims to protect people, he is keen to ensure the casinos sector does not suffer more damage after a tough few months. Casinos in London have offered to temporarily close their bars to help prevent a curfew that they said would result in the loss of thousands of jobs across the market amid the ongoing novel coronavirus (Covid-19) pandemic. The BGC last week openly opposed the proposed curfew plans in the north-east, having already written to Culture Secretary Oliver Dowden warning that if the curfew were to be rolled out nationwide, it could lead to thousands of job losses. The government is this week expected to announce new measures to slow the spread of Covid-19, with the UK having seen an upturn in the number of people testing positive for the virus in recent weeks. Subscribe to the iGaming newsletter Regions: UK & Ireland The casinos said the idea behind the closure of bars would help to stop people congregating in group and ensure people remain spread out across the casino. “By all means address the core issue of drinking rather than slamming a blanket curfew on our venues which would do nothing to suppress the spread of the virus but which would simply sound the death knell for jobs and for famous London casinos,” the letter added. Some areas in the UK, such as north-east England, are already subject to new restrictions, with leisure facilities such as casinos required to close between the hours of 10pm and 5am every day. “The 10pm curfew just risks encouraging young people to mix in households, where there is no track and trace, and spreading the virus further and faster,” Dugher said. “But if the London Mayor or Government want to close pubs and restaurants at 10pm, we can do that in the casinos too, while continuing to provide a best-in-class Covid-secure environment. This might be a sensible compromise. “If London is subjected to a 10pm curfew, most of our casinos will be unviable and some will inevitably close, with the loss of hundreds, if not thousands, of jobs in the capital as the furlough scheme nears its end,” the letter said. These measures include installing Perspex screens, sanitisation stations, adhering to social distancing guidelines and running track and trace systems for punters and staff. Email Address Topics: Casino & games Legal & compliance Regulationlast_img read more

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Caesars to reopen The Cromwell casino in Las Vegas

first_imgIt will welcome back customers on October 29, meaning the Rio, located just off the Las Vegas Strip, is the only Caesars property in the city yet to reopen. Casino & games Caesars Entertainment is to reopen The Cromwell on the Las Vegas Strip next week, meaning just one of the operator’s properties in the city is yet to open following the novel coronavirus (Covid-19) shut-down. Subscribe to the iGaming newsletter The Cromwell’s hotel and gaming floor will be open seven days a week for guests aged 21 and over. Tags: Las Vegas Caesars Cromwell Regions: Nevada AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Caesars to reopen The Cromwell casino in Las Vegas The Cromwell closed its doors in mid-March in line with Nevada’s Covid-19 restrictions and is the only Caesars property on the Las Vegas Strip yet to resume operations. “In line with the boutique hotel experience, we are pleased to announce that we will reopen on October 29 as the first adults-only property on Las Vegas Boulevard, with a continued emphasis on our enhanced health and safety protocols.” Email Address Read the full story on iGB North America. 23rd October 2020 | By Robert Fletcher Topics: Casino & gameslast_img read more

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