Bahamian government taking steps to prevent black listing

first_imgThe government of the Bahamas says it will table several pieces of legislation aimed at preventing the country from being placed on the European Union’s list of non-cooperative jurisdictions for tax purposes, also known as black listing.Prime Minister Dr. Hubert Minnis in a brief statement said his administration will be tabling for debate the Automatic Exchange of Financial Account Information (Amendment) Bill, the Automatic Exchange of Financial Account Information (Amendment) Regulations and the International Tax Cooperation (Amendment) Bill. These bills are to ensure “we will not be blacklisted after enacting this suite of legislation.”Minnis said that the Bahamian financial services industry has been under threat for some time. On assuming office in May this year, he recognized “some of our worse fears were realized when we found that this sector of the economy was in deeper trouble than anticipated because of negligence by the previous administration.”He said despite the claims by the then Perry Christie administration “of being for the people, its lackluster and late-again approach to dealing with this very important part of the economy was about to land us in the very same position that caused a previous Free National Movement (FNM) administration to have to prevent the country from being blacklisted.”Minnis said that since the election, his government has been working to get the economy back on track. “Strengthening and growing our economy will lead to better paying jobs and greater job security,” he said.“The new pieces of legislation are extremely important to our country and our image on the international stage,” the prime minister said. “These bills will enable the Bahamas to satisfy the requirements to ensure that we meet various international standards.”.last_img read more

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TNT Carnival 2018 captivates the senses

first_imgFrom the moment you exit Piarco International airport in Trinidad and Tobago and you’re immediately greeted by the sweet sounds of the native steel pan playing the popular groovy Soca tune “Hello” by Kes the band, you know it’s carnival time again. The jubilant vibrations are thick in the air and can literally be felt around every corner of the twin island. From Arima to San Fernando, as far south as Cedros (the islands southern most town) to the capitol of Port of Spain- the celebration brings out the countries most talented artists, chefs, artisans and costume designers for two months of sheer majesty and ‘bacchanal’. Thousands attracted to TT annuallyIt is this allure that attracts thousands to T&T’s shores annually to partake in the pre-Lenten celebration. With the vast array of musical, foodie and cultural experiences available, it’s easy to discover and enjoy something new every time you attend. Trinidad Carnival literally captivates your senses. Here’s how: Delicious ‘doubles’When you taste the national snack ‘the doubles’ hand crafted by Sean the doubles man in Grand Bazaar shopping center. He shapes together two perfectly fried patties of dough known as “barra” topped with seasoned chana piled with fixings like tamarind, cucumber and peppa sauce. He can barely keep up with the demand of tourists and locals alike flocking to his cart to taste the popular street food but somehow he makes due. This is carnival.   When you sip the freshly cut coconut water from famed coconut man Franklin near the Queen’s Park Savannah where he prepares the drink to your liking; straight from the coconut with a side of jelly, from the jar or on ice with a touch of scotch. This is the taste of carnival. Music thumping “in your soul”When you can feel the music thumping deep in your soul as you rise on less than a few hours sleep to get up and go again to yet another fete to take in the sounds of some of the world’s biggest Caribbean DJ’s and internationally recognized artists like: Machel Montano, Bunji Garlin, Kes the Band, Calypso Rose, this is carnival. An important note that must be made; no other music genre is quite like Soca (derived from Calypso music). The Soca genre operates on a seasonal basis and demands new content from its artists every season in time with the upcoming carnival. This is part of the uniqueness and sheer talent of the Soca artists; the ability to produce hit after hit year after year without fail. This is Carnival.Canboulay stick fighters Credit: Marlon HillCanboulay FestivalLearning the history of where Trinidad’s carnival and calypso music started, it was important for me to take in the traditional Canboulay Festival in the heart of Port of Spain’s Piccadilly Square where the reenactment takes place annually. The riots were a forceful opposison by the slaves for the ability to partake in the celebrations at all. At 3a.m. sharp on carnival Friday, thousands surround the actors who reconstruct the riots including homage to the stick fighters and fire breathers of the past. If it were not for the Canboulay riots, there would be no carnival in its current form. For this very reason, Canboulay is one of the most attended and revered events during the season.Tribe/Bliss Mas BandCarnival in its grandiose nature is so special because of the small moments captured and experienced that make each visit truly unique. With that being said, 2018 was no exception. This year, I had the opportunity to embed myself in the festivities through the eyes of a Tribe/Bliss Mas Band Masquerader (a fully costumed reveler on carnival Monday and Tuesday). As carnival continues to grow and attract new audiences, so does the demand by its leaders on the island to think bigger and differently to keep up with the demand while holding true the traditions of the past. Dean Ackin- founder of the Tribe/Bliss Mas Band that began in the early 2000’s has managed to successfully do just that as the culture evolves. For revelers craving the all-inclusive experience on the road, Ackin has mastered the art of giving patrons just that. With the expansion of his band, so large that the T&T carnival association had to create another crossing point at the SocaDrome stadium due to large band traffic, Ackin continues to navigate and lead in this respect. Unique, all-inclusive experienceTribe, Bliss, The Lost Tribe and now Carnival Rogue (his four breakout mini bands) each deliver a unique all-inclusive experience depending on your preference. Imagine two days of non-stop reveling throughout the streets of Port of Spain in the costumery or your choice. Chipping down the road with your crew that you’ve wanted all year to see. As long as you have that wristband, you’re good! This is carnival. Paying homage to the Trinidad and Tobago’s rich tradition while continuing to push forward, this is carnival. The many people of the twin islands understand its importance and significance and each in their own way use their platforms and tools to continue to forge the tradition forward. And in the words of Soca artist Patrice Roberts with her latest tune, carnival it “Sweet for days”, and we couldn’t agree more! It truly is!Author: Vanessa Jameslast_img read more

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European League Round-Up: Chelsea Stunned At Home, Marseille Extend Winning Start

first_imgHuddersfield Town produced another stunning result on the day when they defeated Crystal Palace 3-0 away from home at Selhurst Park.Joel Ward put through his own goal in the 23rd minute to hand the newly promoted side a shocking lead, before record signing Mounie netted a brace to ensure Frank de Boer started his Premier League managerial career in the worst possible way.Manchester City defeated Premier League new boys Brighton and Hove 2-0 at the Amex Stadium, to ensure they avoided any unforeseen opening day drama. Sergio Aguero and an own goal from Lewis Dunk handed victory to Pep Guardiola’s men, who raced into second-place on the table. ENGLANDWatford and Liverpool battled out an exciting 3-3 draw at Vicarage Road in Saturday’s early kickoff, a game which produced a stunning six-goals, three apiece per half. The Reds would feel hard done by Miguel Britos’s added-time leveler for the Hornets, a contentious goal that denied them maximum points.Stefano Okaka put Watford ahead before Sadio Mane equalized with his first shot of the season. Abdoulaye Doucoure put Watford ahead going into the break. On resumption of the second half, Liverpool’s Roberto Firmino leveled from the spot, after which club record signing Mohamed Salah put the Reds ahead for the first time on the day.Marco Silva’s blushes were saved late on when Britos scored a goal despite looking to have been in an offside position after the ball struck his arm, a strike which ensured the young Portuguese tactician’s reign at Watford wasn’t off to a losing start.Gary Cahill endured a miserable start to life as captain of Chelsea, as he was sent off in the 14th minute of a shocking 3-2 home defeat against Burnley.Chelsea, who became the second title holders to lose on the opening day of the season, finished with nine-men, after Cahill and Cesc Fabregas were both sent-off for silly challenges in each half, a real let off for the squad considering their senior player status.Sam Vokes netted a first-half brace added to Stephen Ward’s wonder-strike to ensure the visiting team went three-nil ahead into the break.Record signing Alvaro Morata pulled a goal back for Chelsea moments after coming on as a substitute before David Luiz finished with a precise left foot strike which proved too-little-too-late as the Blues find themselves in 16th-place ahead of next weekend’s London derby against Tottenham Hotspur. Activities from the Premier League and French Ligue 1 was action packed on Saturday, with the English champions Chelsea getting stunned at home by Burnley, while Marseille were lone goals winners away from home.center_img FRANCEOlympique Marseille moved into second-place thanks to a 1-0 away win over Claudio Ranieri’s Nantes. Lucas Ocampo netted the game winning strike in the 87th minute, even as OM managed to do the job on the night in the absence of star player Dimitri Payet who is side lined through injury.Bordeaux were 2-0 winners on the night at home to Metz, thanks to strikes in either half from Valentin Vada and Younousse Sankhare, condemning the away team to yet another league defeat.Goals from Enzo Crivelli and Thomas Mangani led Angers to a 2-0 away victory at new comers Amiens. It was a sweet win for Angers who flexed muscles against Amiens, and they will hope to extend this good form as the season progresses.RelatedBattling Blues Edge London Derby In Six-Goal ThrillerOctober 21, 2017In “England”Ligue 1 Review: Marseille And Monaco Share Spoils In Top 3 Fight As Lyon Suffer Shock Defeat At BordeauxJanuary 29, 2018In “Europe”Iheanacho Ressurects Leicester UCL Hopes, Vardy Hits EPL Century, Martial, Rashford Hit 20-Goal MarkJuly 4, 2020In “England”last_img read more

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Rafael Nadal Reclaims World Number One

first_imgRafael Nadal has returned to the summit of world tennis, returning to world number one for the first time in three years after the latest ATP rankings released Monday morning.The Spaniard failed to go beyond the quarterfinal at the just concluded Cincinnati Masters 1000, losing to eventual runner-up Nick Kyrgios, but he had done just enough to reclaim the position he first attained nine years ago after another Cincinnati run that ended in the semifinal. The 31 year-old ends Andy Murray’s 37-week stay at the top and goes into the final Grand Slam of the year – The US Open – as world number one.Andy Murray is in second, 495 points behind Nadal, while Roger Federer and Stan Wawrinka complete the top 10.Nadal’s 7,645 points is the lowest point by any world number one since the current ranking system was introduced in 2009.RelatedTennis: Murray Climbs 200 Places, Djokovic Extends Lead In Latest ATP RankingsOctober 7, 2019In “Tennis”Sixth Title Of The Season! He Is On FireOctober 9, 2017In “Sports”2019 ATP Finals: Djokovic Floors Berrettini, Thiem Shocks FedererNovember 11, 2019In “Tennis”last_img read more

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German Bundesliga Wrap: Leaders Dortmund Falter As Bayern, Leipzig Mount Pressure With Win

first_imgRelatedBundesliga Review: Dortmund Edge Frankfurt In Five-Goal Thriller To Boost UCL HopesMarch 12, 2018In “Europe”Bundlesliga Wrap: Bayern Recover From Two-Goal Deficit To Maintain 16-Point LeadJanuary 28, 2018In “Europe”Bundesliga Review: Bayern, Dortmund Win BigApril 22, 2018In “Europe” German Bundesliga leaders Borussia Dortmund continue their recent poor form after they lost a two-goal lead away from home courtesy goals from Nuhi Sahin and Maximilian Philipp to play 2-2 with Eintracht Frankfurt.Champions Bayern Munich have close the gap to Dortmund with the two teams now separated by goal difference after the Bavarian giants defeated 10-man Hamburg 1-0.  The away team got their goal through summer signing Corentin Tolisso.Third-placed RB Leipzig kept up the pressure with a 1-0 win over newly promoted outfit Vfb Stuttgart with Marcel Sabitzer getting the only goal of the game for the UEFA Champions League (UCL) campaigners.Matchday 9 ResultsRB Leipzig 1-0 Vfb StuttgartHamburg 0-1 Bayern MunichEintracht Frankfurt 2-2 Borussia DortmundSchalke 04 2-0 Mainz 05Borussia Moenchengladbach 1-5 Bayer LeverkusenAugsburg 1-2 Hannover 96Standings (Top 3):Borussia Dortmund 20 pointsBayern Munich 20 pointsRB Leipzig 19 pointslast_img read more

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Rank Group upgrades Playtech Neon systems contract to include Grosvenor games management provisions

first_img StumbleUpon Share Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Related Articles Submit Retail closures have ‘severe’ impact on Playtech August 5, 2020 Share Updating the market, FTSE-listed Playtech Plc has informed that it has secured a ‘significant extension’ of its Rank Group contract for system provisions of UK Grosvenor casino estates.The agreement will now see Playtech further integrate table and slots management system across Grosvenor’s network of 54 UK casino estates, boosting Rank Group games management provisions. Moving forward all Grosvenor casino properties will be serviced by Playtech omni-channel solution ‘Playtech ONE’.This morning’s announcement comes just a year on from the firm’s initial Rank Group deal, implementing its ‘Neon’ player management system across Grosvenor estates which have driven significant revenues for the gambling operator.The Neon system has allowed Rank Group to better manage customer tracking data, guest relations and cash desk operations, and to support the group’s responsible gaming, anti-money-laundering and security activities.The new project will see Playtech implement the Neon Slots system to manage the group’s 3,000 electronic gaming machines and the Neon Tables iPad application to cover Grosvenor’s 650 tables. Project stakeholders expect to fully integrate the new table and slots management system by the second half of 2017.Richard Playle, Director of Finance for Grosvenor Casinos, commented on the agreement: “The project to replace our management systems was very successful. We worked as a team to address a wide range of technical challenges and business innovations and have successfully rolled out a system which is performing well across the estate, and meeting our business and technical goals.“Migrating our gaming systems to Playtech will enable us to complete our modernisation, offer an improved player experience and complete our vision for a single account and wallet across our retail and digital businesses,” he added.Martin Sykes, Managing Director of Playtech Retail subsidiary Intelligent Gaming, said: “Rank is the largest casino operator in the UK and one of the most technically innovative in the world. I am positive that no other system supplier could have achieved what we did in 2016.“We developed new features, optimised Neon for deployment in the Cloud, provided numerous integrations and supported the transition from the legacy systems, keeping data in step as we implemented the 54 sites,” Playtech goes live in the US with bet365 August 7, 2020last_img read more

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Argyll to boost in-play offering with SBTech’s Action Betting

first_img Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 StumbleUpon Submit Share Share HBLB ups prize money commitment by 50% July 31, 2020 Related Articles Argyll Entertainment are to become one of the first operators on the SBTech platform, in the United Kingdom, to bolster its in-play sports betting via the Action Betting feature.The operator behind SportNation.bet and RedZoneSports.bet is to adopt the mobile-first feature, which suggests players ‘markets of interest’ through contextual alerts and call-to-action betting options.Stuart Tilly, Chief Executive Officer of Argyll Entertainment, commented: We’re continually striving to add value to our online offering to ensure our customers’ interaction with us is an enjoyable, entertaining and rewarding one. “The release of Action Betting provides our customers with a unique, intuitive and easy to use in-play feature designed to enhance their mobile betting experience. “We’re delighted to be one of the first UK facing operators on the SBTech platform to go live with Action Betting and look forward to working with SBTech going forward in rolling out many more market leading features throughout 2018.”The feature, powered by SBTech’s machine learning algorithm, creates notifications instantaneously whenever certain incidents occur within a match, whether that be a free kick, corner or yellow or red card.After doing so a dynamic market is displayed on screen, which allows punters to “quickbet” on outcomes directly from the widget, the selections will then be added to the customers bet slip immediately.Ian Bradley, Chief Product Officer at SBTech, added: “We’re very excited to see one the most innovative betting operators in the UK go live with our latest feature. “These innovations are part of SBTech’s continuous drive to offer differentiation points to its clients which can then be passed on to players. We’re delighted to see Argyll Entertainment display such speed to market and look forward to more new features and growth in 2018.”Action Betting was launched by SBTech towards the end of 2017. Argyll orders full compliance makeover with TruNarrative  August 17, 2020last_img read more

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Kindred enriches sportsbook offering with new racing platform

first_img Irish bookmakers demand clarity on reopening orders June 17, 2020 Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth July 24, 2020 Continuing to place a greater emphasis on its racing product, Kindred Group has developed and launched a new proprietary racing platform for its UK and Irish customers. The new platform will offer customers a 24-hour service across all major racing territories and will serve as a strong complement to the group’s existing sportsbook products.The launch of this new platform acts as part of an overall expansion in the UK, supported by an existing staff infrastructure and client base from the StanJames.com acquisition in late 2016. Racing is seen as a key component in the complete sportsbook offer across both the UK and Ireland. Looking ahead, Kindred will look to localise and extrapolate the racing product for subsequent launch across the group’s other key jurisdictions.Group Head of Global Racing, Ben Colley, commented: “It’s been great to finally get the platform out of beta and in front of our customers old and new, showcasing the Grand National meeting to best effect. Complementary to the excellent Kambi sportsbook, we expect this new platform for all things racing to quickly become a best of breed example, fully supported by experienced and knowledgeable trading and risk teams in both Gibraltar and Sydney. “Next steps are to continue to develop and augment the platform to reach a point of excellence in our key racing territories of the UK, Ireland and Australia, then to localise and launch the experience for our individual European markets.“We have really aimed at appealing to both the experienced racing bettor, such as those we have retained for so long at StanJames.com, and the younger, recreational player that can enjoy all of our rich features such as race write ups, tips and live streaming in as many domestic and international tracks as we can for both horses and dogs, creating a truly plentiful, 24/7 racing experience.”Kindred has a significant sponsorship portfolio in the UK and Ireland including the Road to Cheltenham race series, culminating in the Unibet Champion Hurdle, as well as the blue ribband properties through their 32Red brand, such as the 32Red King George VI Chase. Kindred also maintains several high-profile racing ambassadors such as Nicky Henderson, Jessica Harrington and Richard Hannon including jockeys Jamie Spencer, Nico de Boinville and Paddy Brennan amongst other high-profile names. HBLB ups prize money commitment by 50% July 31, 2020 Share Submit Related Articles StumbleUpon Sharelast_img read more

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CMA clearance sees Stars Group revamp Sky Bet’s leadership structure

first_img StumbleUpon BlueRibbon signs strategic partnership with The Stars Group August 18, 2020 ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020 PokerStars moves to refresh global appeal with ‘I’M IN’ August 18, 2020 Share Related Articles Submit Toronto TSX-listed The Stars Group Inc has this afternoon confirmed that it has been granted approval by the UK Competitions & Markets Authority (CMA) to finalise its $4.7 billion acquisition of Sky Betting & Gaming (Sky Bet).Securing its CMA clearance, the Stars Group governance will begin executing its integration plans, which sees the TSX enterprise announce a new leadership structure for its Sky Bet asset.In its corporate update, the Stars Group reveals that Sky Bet CEO Richard Flint has been promoted to Executive Chairman of Sky Betting & Gaming (SBG).Flint’s Chairmanship appointment, sees long-term Sky Bet CFO Ian Proctor become new SBG Chief Executive, supported by the appointment of Conor Grant as Chief Operations Officer (COO).“I am looking forward to helping shape the next chapter of growth for SBG as part of The Stars Group,” said Mr. Flint.“I am confident that the new management structure, which includes an operational board for SBG, will allow us to maintain our unique culture that has delivered success over the years and continue delivering market share gains in the UK online betting and gaming market, building on our position as the UK’s most popular online betting brand.”Both Flint and Proctor will report directly to Stars Group Chief Executive Rafi Ashkenazi, as the enlarged TSX enterprise seeks to become online gambling ‘s most valuable listed enterprise.“I am delighted to announce SBG’s new senior management structure,” said Rafi Ashkenazi. “We believe these appointments position us well to deliver our strategy to become the world’s favourite iGaming destination”. Sharelast_img read more

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Law firm seeks £1.5m in victim compensation against UK betting firms

first_imgShare Submit SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 William Hill accelerates transformation agenda to overcome COVID realities August 5, 2020 Related Articles StumbleUpon FSB selects Glenn Elliott as new COO August 12, 2020 Share Closing 2018, The Guardian newspaper reports further headaches for UK betting leadership as London law firm Mackrell Turner Garrett (Mackrell) seeks £1.5 million in victim compensation settlements against FTSE-listed betting firms’ – William Hill Plc and Paddy Power Betfair (PPB).The victim compensation claims relate to addicted gamblers wagering with stolen money at William Hill betting shops and PPB’s Betfair betting exchange.In both cases, Mackrell states that the betting groups failed in their obligation to prevent money laundering and intervene with visible problem gambling behaviours.With regards to William Hill’s claim, the undisclosed problem gambler is reported to have wagered £650,000 in stolen money at two betting shops, over six months losing £150,000.Representing victims, Mackrell seeks a settlement of £600,000 from William Hill, pointing to alleged transactions, where the gambler on two occasions wagered £50,000 in one day without the betting shops fulfilling ‘source of funds’ requirements.The Guardian reports that William Hill’s compensation claim has been forwarded to the UK Gambling Commission (UKGC), who are currently investigating the matter.With regards to PPB, the law firm seeks £965,000 in compensation, related to a UKGC sanctioned October 2018 penalty package issued against the Betfair exchange.The concluded UKGC investigation confirmed that Betfair had failed to intervene when a gambling addict wagered with £900,000 stolen cash from a Birmingham charity, failing on standards of social responsibility.In relation to stolen money used on betting/gambling transactions, UKGC licensed operators are not obliged to return compensation to victims unless instructed by UK courts.Representing the victims, Mackrell states that it has initially pursued a voluntary settlement with PPB, offering management an agreement deadline which has now passed.“I am disappointed that the Gambling Commission and Paddy Power Betfair have both failed to engage with my clients, despite offering comments to the media about their commitment to tackling the problem,” James Atton partner at Mackrell stated to The Guardian.last_img read more

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