Punch Taverns sales on the rise

first_img whatsapp KCS-content whatsapp Show Comments ▼ Thursday 10 March 2011 7:25 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.com Punch Taverns sales on the rise Shares in Britain’s biggest pubs group Punch Taverns jumped yesterday after it posted an increase in second-quarter sales and says it remains on track tomeet its full-year expectations. The owner of Chef & Brewer and Fayre & Square said its success has been triggered by its new look pubs. Like-for-like sales at its managed pub estate rose 8.6 per cent in the 12 weeks to 5 March.This compared with a 2.2 per cent rise in the previous quarter and came amid strong eating out demand after food sales rose 11.7 per cent on a like-for-like basis. The improvement followed a refurbishment at 15 per cent of its managed pubs. Share Tags: NULLlast_img read more

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ANALYST VIEWS: WILL THE BOVIS FIGURES IMPRESS INVESTORS?

first_img Share whatsapp ANALYST VIEWS: WILL THE BOVIS FIGURES IMPRESS INVESTORS? KCS-content More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndocenter_img KEITH BOWMAN | HARGREAVES LANSDOWNBovis has weathered the credit crisis relatively well, and is in better shape than many rivals. Despite a broadly positive update, the shares are generally assessed as being ‘up with events’, with rival housebuilders potentially offering better value. As such, market consensus opinion denotes a ‘Hold’.MARK HUGHES | PANMUREAlthough the group has seen a good start to the year with reservations up 11 per cent in the first nine weeks, given the early stage of the year, we maintain our forecasts for now. Our target price rises from 450p to 459p as we move to 2011 multiples, though our recommendation remains ‘Hold’RICHARD CURR | PRIME MARKETSBovis has invested heavily in new land plots, which is a clear sign of confidence, but it is perhaps the reintroduction of the dividend that draws the line in the sand and moves the recovery from ‘tentative’ to ‘solid’. We believe the shares offer an attractive sector play at current levels. Show Comments ▼ Monday 14 March 2011 8:43 pm whatsapp Tags: NULLlast_img read more

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Divergence in UK housing market

first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily Finance StoriesChrissy Metz, 40, Shows Off Massive Weight Loss In Fierce New PhotoDaily Finance StoriesFameleyAt 56, Marjorie Elaine Harvey Lives HereFameleyMoneyMorningPaperThe 10 Richest Families Of The World. Especially No. 6 Is A Complete Surprise.MoneyMorningPaperhttps://alldelish.com44 Healthy Low-Carb Foods That Taste Incrediblehttps://alldelish.comBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsTopNews20 Everyday Things Kate Middleton Is Not Allowed To DoTopNewsArticles SkillFemale Cop Lives Two Lives, Seven Years Later The Truth Comes OutArticles Skillthedelite.comThe Best Big-Men In NBA History Ranked In Orderthedelite.comNinjaJournalist25 Cute Baby Animals That Will Melt Your HeartNinjaJournalist Divergence in UK housing market The UK housing market is increasingly “two tier”, with affluent markets on the rise and cheap areas continuing to slump. The most expensive 20 per cent of areas saw house prices increase by 3.4 per cent over the year, whilst the cheapest fifth declined by 5.1 per cent, according to a survey by Chesterton Humberts and the Centre for Economic and Business Research (CEBR). whatsapp Show Comments ▼center_img Share whatsapp More From Our Partners Brave 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Wednesday 13 April 2011 7:54 pm Tags: NULLlast_img read more

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Luckbox maps out expansion plans with new licence

first_img Luckbox maps out expansion plans with new licence Topics: Esports Legal & compliance Esports Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Luckbox has set out plans to establish itself in a number of key markets around the world after becoming the first cryptocurrency-supported esports betting platform to obtain a top-tier gambling licence from the Isle of Man government.Real Time Games Holding Limited, the company behind Luckbox, secured the full licence under the Online Gambling Regulation Act (OGRA), allowing it to accept fiat, crypto and in-game items as currency.Luckbox is the brainchild of former PokerStars colleagues Lars Lien and Mike Stevens. The goal of securing an Isle of Man licence was underlined when the duo announced the launch of the venture in January.Lien told iGamingBusiness.com that the OGRA licence – which enables Luckbox to operate in any jurisdiction where it is legal to do so and where a local licence is not required – had opened up opportunities in a number of key markets.“We are very keen on markets such as Canada, the Nordics, CIS region and more, and confident we will be operating in the vast majority of relevant markets,” the Luckbox CEO said.Lien also revealed that Luckbox is currently working on applications for licences in other markets, including the UK.“We are working on our UK application, which we hope will be ready for launch,” Lien said. “Malta is on our radar and we will be considering a range of local licences, such as Spain. Others, like France, are currently off the table due to complexity, cost and/or market size.”Luckbox has been in a recruitment phase over recent months, with three former senior members of the PokerStars management team among those to have joined.Quentin Martin, formerly head of social poker at PokerStars, has taken on the role of chief operating officer, while former PokerStars marketing director Vadim Soloveychik has been appointed as chief marketing officer.David Lyons also opted to leave his position as the associate director of poker engagement at PokerStars to joins his former colleagues at Luckbox as director of player engagement. In addition, Paul Chaloner, an influential figure in esports, is serving as an adviser.Looking ahead to next year’s planned launch, Lien said that the company will not rush the product and will instead ensure the platform is completely ready before going live.“The complexity of building Luckbox is very significant given how big our plans for the product is,” Lien said. “I could get an esports betting site ready in four weeks with a designer and €100,000, but it would be yet another ‘me too’ product.“We have a specific internal date we are quite confident with, but nothing I can communicate publicly at this point.”Lien added that the Luckbox will “deliver an amazing product early next year that will be very hard to copy”. Regions: UK & Ireland Tags: Online Gambling 1st August 2018 | By contenteditor Crypto-supported esports betting platform targets Canada, Nordics and CIS region Email Addresslast_img read more

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Casumo secures licence to expand into Danish market

first_img Regions: Europe Nordics Denmark Casumo secures licence to expand into Danish market Topics: Casino & games Legal & compliance Casino & games Online gaming operator Casumo is to expand its service offering into Denmark after securing a five-year licence from the Danish Gambling Authority.Nordic-facing Casumo will focus on a mobile-first approach for its operations in the country and run a media campaign to promote its online casino services to Danish consumers.Oscar Simonsson, co-founder and CEO of Casumo, said securing the licence was an important milestone for the operator, and forms part of its ongoing strategy to enter and grow in regulated markets.“I’m confident that the Casumo brand will resonate well with the players in Denmark—those who want to experience a modern way of playing online casino,” Simonsson said.“We have a very strong and unique product offering, which includes our very own custom-designed live casino studio, as well as the casino rewards system that Casumo pioneered in the industry when we launched in 2012.”The Danish licence comes after Casumo also secured approval to launch in both the Italian and Swedish markets in recent months.However, earlier this month, Casumo suffered a blow in the Netherlands when it was fined €310,000 (£267,510/$347,470) for targeting players in the country, where online gaming is currently prohibited.Image: Matt Kieffer Online gaming operator Casumo is to expand its service offering into Denmark after securing a five-year licence from the Danish Gambling Authority. Tags: Online Gambling 30th April 2019 | By contenteditor Subscribe to the iGaming newsletter Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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GVC shareholders narrowly back remuneration report

first_imgCasino & games Topics: Casino & games Finance People Sports betting Strategy GVC shareholders narrowly back remuneration report Email Address Tags: Mobile Online Gambling GVC Holdings has fended off a shareholder revolt over executive pay, with a narrow majority of shareholders backing the company’s 2018 remuneration report.Investors holding 58.04% of the operator’s share capital voted in favour of the remuneration report, with 41.96% voting against at the company’s 2019 Annual General Meeting (AGM). The results were an improvement on the 2018 AGM, which saw 43.94% of shareholders vote against the remuneration report.GVC remuneration committee chair Jane Anscombe said she was “naturally disappointed” with the results.“We engaged extensively with shareholders ahead of the annual general meeting and would like to thank them for their helpful and constructive input,” Anscombe said. “We understand that some shareholders ultimately felt unable to support the remuneration report, in part due to our legacy arrangements, which going forward no longer form part of our remuneration framework. Going forward, Anscombe said the operator would seek shareholders’ views on the company’s remuneration policy, which is up for renewal at the company’s 2020 AGM.GVC had come under pressure from shareholders critical of the sums paid to chief executive Kenny Alexander and chairman Lee Feldman in 2018, prompting fears of a revolt. Alexander’s £19.1m (€21.6m/$24.3m) pay packet was largely down to a £16.4m payment, awarded as part of the company’s long-term incentive plan set out following its 2016 acquisition of bwin.party.Long-serving chairman Lee Feldman was paid £8.5m, with the vast majority coming from the legacy incentive scheme.Late last month the chief executive, whose stewardship has transformed GVC from a minor industry player to one of the UK’s largest gambling businesses, volunteered to reduce his annual salary from £950,000 to £850,000, effective June 1.The pair were also criticised after selling off shares in March, with Alexander selling 2.06m shares worth £13.7m and Feldman offloading 900,000 shares worth £6.0m. This saw GVC’s share price fall 14% in a day, its biggest fall in almost a decade, to its lowest since July 2016.
Alexander has since pledged not to sell off any further shares while he remains chief executive.Feldman, meanwhile, has announced that he will step down as chairman either at or before its 2020 AGM. This, GVC noted at the time, was unrelated to the share sale and instead due to the fact that UK governance guidelines stating that chairmen should not hold their role for more than 9 years. 5th June 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regions: Europe GVC Holdings has fended off a shareholder revolt over executive pay, with a small majority of shareholders backing the company’s 2018 remuneration report.last_img read more

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Oregon projects revenue of $141.2m from sportsbook launch

first_img Email Address The Oregon Lottery has revealed that it expects to generate $141.2m in revenue over the first three years following the launch of its SBTech-powered retail and mobile sportsbook.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Oregon projects revenue of $141.2m from sportsbook launch Tags: Mobile Online Gambling OTB and Betting Shops Topics: Finance Legal & compliance Sports betting 20th June 2019 | By contenteditor Finance Regions: US Oregon The Oregon Lottery has revealed that it expects to generate $141.2m in revenue over the first three years following the launch of its SBTech-powered retail and mobile sportsbook. After formally signing a contract with SBTech earlier this month, the lottery aims to launch a mobile offering ahead of the National Football League (NFL) season in September, followed by retail betting kiosks early in 2020. It has now published a series of revenue projections for the product, which estimates that total handle over the first three years in operation will amount to $1.6bn. This breaks down to $332.8m in the first year, rising to $555.9m in the second, then $722.3m after three years. The lottery expects the bulk of handle to be returned to players as winnings. Customers are expected to win around $306.2m in year one, then $507.4m in the second year, and $656.2m in the third, totalling $1.5bn. This will leave gross gaming revenue of $141.2m, starting at $26.6m in the first year of the contract. Revenue will rise to $48.5m in the second year, then $66.1m, the lottery says.Read the full story on iGB North America.last_img read more

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PokerStars launches as first online poker brand in Pennsylvania

first_img Topics: Casino & games Poker Subscribe to the iGaming newsletter Email Address Regions: US Pennsylvania PokerStars has become the first online poker brand to go live in Pennsylvania after it launched in the state in partnership with Fox Bet, the joint venture between its parent company The Stars Group and broadcaster Fox Sports. Casino & games 5th November 2019 | By contenteditor Tags: Card Rooms and Poker Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter PokerStars has become the first online poker brand to go live in Pennsylvania after it launched in the state in partnership with Fox Bet, the joint venture between its parent company The Stars Group and broadcaster Fox Sports.Both PokerStars and its PokerStars Casino online casino sister brand are live in Pennsylvania, operating alongside Fox Bet after it launched in Pennsylvania in September. The three brands are also active in New Jersey.Players in Pennsylvania can access a selection of poker games, tournaments and promotional offers at PokerStars.bet, while PokerStars Casino will offer a range of online slots titles, as well as card, table and live casino games such as roulette and blackjack.PokerStars and PokerStars Casino are now available across mobile and desktop in Pennsylvania.Read the full story on iGB North America. PokerStars launches as first online poker brand in Pennsylvanialast_img read more

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Conservatives pledge Gambling Act review in manifesto

first_img Conservatives pledge Gambling Act review in manifesto The UK Conservative Party will conduct a review of the 2005 Gambling Act should voters elect it into government at the General Election scheduled for 12 December, the party’s manifesto has pledged. Email Address Tags: Mobile Online Gambling Topics: Legal & compliance People Legal & compliance The UK Conservative Party will conduct a review of the 2005 Gambling Act should voters elect it into government at the General Election scheduled for 12 December, the party’s manifesto has pledged.It becomes the third major political party to commit to changes to Great Britain’s gambling legislation following the Liberal Democrats and Labour Party.The manifesto sees the Tories promise to “legislate to make the UK the safest place in the world to be online”.It describes the Gambling Act as “increasingly becoming an analogue law in a digital age”. As such, it pledges to review the act, with a particular focus on tackling issues around loot boxes and credit card misuse.Both loot boxes and the use of credit cards to fund gambling are elements already addressed in the previous parliamentary session.In September, a Digital, Culture, Media and Sport (DMCS) committee called on the government to class loot boxes as games of chance, making them subject to the Gambling Act.Credit card gambling, meanwhile, was subject to a consultation run by the Gambling Commission, which closed on 6 November. Many have suggested that this will already lead to significant restrictions on their use by gambling customers.The Tories also pledged to “continue to take action” to tackle gambling addiction in its manifesto, though did not go into detail about what measures could be taken.It becomes the second party to turn its attention to credit card gambling in its election manifesto, after the Liberal Democrats last week pledged to institute a blanket ban on their use.The party also committed to new advertising restrictions for gambling and a compulsory levy to fund the research, education and treatment of problem gambling, as well as vowing to establish a gambling ombudsman to deal with disputes and complaints.Like the Tories, the left-wing Labour Party has pledged changes to the Gambling Act, saying it would introduce new legislation “fit for the digital age”.This would include establish new limits on gambling, as well as introducing a levy for problem gambling funding and new mechanisms for consumer compensation. Gambling addiction would also be treated as a public health issue, as part of plans to expand addiction treatment services, though as with the Conservative manifesto, this pledge is light on detail.The two other parties that have released their manifestos, the Green Party and the Brexit Party, do not mention any specific plans for the gambling industry at all. Subscribe to the iGaming newsletter Regions: UK & Ireland 25th November 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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BETBY appoints Berkova as new COO

first_img Topics: People Sports betting Strategy BETBY appoints Berkova as new COO AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Sportsbook supplier BETBY has named Eva Berkova as its new chief operating officer to support its ongoing expansion efforts into new European markets.Berkova has a background in the financial industry, working in leadership roles across human resources, marketing and IT.BETBY’s sportsbook solution covers over 400,000 events per year across more than 60 sports“I have been struck by how passionate my colleagues are, and the attitude towards creating a perfect product and excellent service for clients is evident throughout the business,” Berkova said. “The company is currently experiencing a very exciting period, and I am very happy to be involved.”BETBY chief executive Chris Nikolopoulos added: “We are pleased that Eva has joined the BETBY team, and are eagerly looking forward to her bringing an analytical and innovative approach to a number of our processes.“We have built a motivated, talented group at BETBY and as we continue to bring in top-tier talent, we become more confident that we will enjoy a very successful 2020.” Sportsbook supplier BETBY has named Eva Berkova as its new chief operating officer to support its ongoing expansion efforts into new European markets. Subscribe to the iGaming newsletter 18th December 2019 | By contenteditor People Email Addresslast_img read more

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