Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year. Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.Revenue for the six months to 30 June declined to SEK3.70bn (£326.4m/€358.4m/$410.4m), with an increase in the operator’s lottery business Tur offset by declines in its online Sport & Casino and land-based Casino Cosmpol and Vegas divisions.Tur saw revenue grow 3.8% to SEK2.33bn, though Sport & Casino suffered from a lack of sporting events, resulting in its contribution falling 17.2% to SEK829m. The Casino Cosmopol venues and Vegas gaming arcades were shut from 29 March, resulting in that division’s revenue falling 36.2% to SEK542m.All four Casino Cosmopol sites remain closed, while many restaurants hosting Vegas gaming machines have not yet reopened, meaning the impact of the closures will extend into the third quarter of 2020.The operator has moved to mitigate the disruption caused by Covid-19 by launching digital tickets for Tur products, as well as relaunching proxy sales for products at a time when older players were sheltering. Contactless payment functionality was also launched for Vegas machines to eliminate the need for customers to deposit and withdraw cash from the devices.To offset the suspension of sports, it expanded its online casino offering, with more than 1,000 games available on its casino site by the end of June.The operator noted that close monitoring of customer behaviour during the pandemic suggested that while players had shifted to playing new products during the period, there was little signs of a general increase in risky behaviour. Svenska Spel reported a further SEK150m in other, non-gaming revenue, coming from revenue share agreements with restaurants that host gaming machines, as well as fees for renting equipment to sales agents, among other items. The operator also paid out SEK20m in funding to grassroots sports in April, to be split between 3,600 small organisations across Sweden, to help them through the Covid-19 crisis.The operator paid out SEK620m in gaming taxes in the first half, down from SEK783m in the prior year, while gaming operations costs were down 14.1% to SEK507m. This left net revenue of SEK2.72bn for the period, down 4.4%.After personnel costs, depreciation and amortisation, and other external costs all declined, operating H1 operating profit was up 11.5% to SEK1.17bn. After financial items, pre-tax profit was up 11.6% at SEK1.17bn.Income tax paid by Svenska Spel climbed to SEK825m, leaving a net profit of SEK885m, up 7.3%.“We have shown an ability to innovate and perseverance during a tough time, by continuing to launch new games and improve the gaming experience for our customers,” Svenska Spel chief Patrik Hofbauer said. “Despite the fact that Covid-19 had a significant impact in many ways, and despite the fact [the pandemic] is not over yet, things look brighter going forward.“We are on the way up again after having managed the rapid transition to the big and unexpected changes during the spring.”The major impact of Covid-19 was seen in Svenska Spel’s second quarter performance, when revenue fell 19.3% to SEK1.64bn. Tur again reported year-on-year growth, with revenue up 3.3% to SEK1.18bn, though Sport & Casino’s contribution was down 36.6% year-on-year at SEK291m.The biggest decline was seen in the Casino Cosmopol and Vegas segment, at a time when casinos were shuttered and most gaming machines out of action. Revenue was down 60.7% at SEK170m. A further SEK70m was generated through leasing, revenue share and Covid-19 state aid contributions for furloughed staff.The operator’s gaming tax contribution for the quarter was down 25.7% at SEK283m, while revenue-related costs fell 22.3% to SEK226m, leaving net revenue of SEK1.20bn, down 15.5%.Declines in personnel expenses and operating costs were then partially offset by a slight rise in depreciation and amortisation charges, for an operating profit of SEK473m, an 11.4% year-on-year drop.After financial items, pre-tax profit was down 11.7% at SEK469m, while net profit for the quarter was down 18.5% to SEK340m after income tax of SEK130m. Email Address Regions: Europe Nordics Sweden Tags: Mobile Online Gambling Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 20th July 2020 | By contenteditor Topics: Casino & games Finance Lottery Sports betting Strategy Subscribe to the iGaming newsletter Covid-19 leads to 9.6% decline in Svenska Spel revenue in H1
Latest Sports News All lives don’t matter until black lives matter: Du Plessis SportSport News ATP Tour Share on Facebook Tweet on Twitter Formula 1 TAGSBlack lives matterDu Plessis SHARE By Kunal Dhyani – July 17, 2020 YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost Fun|SponsoredSponsoredUndo Football Facebook Twitter Euro 2020, Italy vs Wales LIVE: Gareth Bale and Co face do-or-die clash; Italy eye third consecutive win; Follow Live Updates, Football “All lives don’t matter until black lives matter,” former South Africa captain and star batsman Faf du Plessis said on Friday, lending support to the fight against racism that has gripped the world with renewed vigour after African-American George Floyd’s death.Offering his views on the ‘Black Lives Matter’ movement, which found support in the ongoing England-West Indies Test series where players from both sides took a knee in the opening match, du Plessis said time has come to fight racism head on. 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OnlineCNN’s Christiane Amanpour Undergoes Surgery After Cancer DiagnosisE! OnlineUndo“In the last couple of months I have realised that we must choose our battles. We are surrounded by many injustices in our country that require urgent attention and action to fix them,” the 36-year-old du Plessis posted on instagram.Floyd became a symbol of the anti-racism movement after he was killed at the hands of a white police officer in Minneapolis, triggering widespread protests across the US and the world.“So I’ve remained silent, with the intent to listen, but not respond. Slowing down my point of view, but quicker to hear the pain of someone else. I surrender my opinions and take the knee as an intercessor.“I acknowledge that South Africa is still hugely divided by racism and it is my personal responsibility to do my best to emphasize, hear the stories, learn and then be part of the solution with my thoughts, words and actions,” du Plessis added.This is in stark contrast to his past stance of rejecting talk of racism. He had said that “we don’t see colour” when asked about Temba Bavuma’s axing earlier this year.“I have gotten it wrong before. Good intentions were failed by a lack of perspective when I said on a platform that – I don’t see colour. In my ignorance I silenced the struggles of others by placing my own view on it,” du Plessis said.“A race problem is a human race problem, if one part of the body hurts ,we all stop, we empathize, we get perspective, we learn and then we tend to the hurting part of the body.”His teammate and pacer Lungi Ngidi has stated that the team will discuss a way to support the BLM movement when it has a chance at a group discussion. The players have restarted training after a prolonged break caused by the COVID-19 pandemic.Du Plessis said the BLM movement has his full support.“So I am saying that all lives don’t matter UNTIL black lives matter. I’m speaking up now, because if I wait to be perfect, I never will. I want to leave a legacy of empathy,” he said.“The work needs to continue for the change to come and whether we agree or disagree, conversation is the vehicle for change,” he added. 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Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Forget Marks and Spencer! I’d buy into the Tesco share price instead Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Marks and Spencer (LSE: MKS) used to be a darling of the UK high street. However, in recent years, the company has made several strategic errors, and its presence is now dwindling. As such, long-term investors may be better off buying the Tesco (LSE: TSCO) share price instead. Tesco share price growth Five years ago, Tesco was embroiled in an accounting scandal. The group’s profits plunged, and some analysts started to question its long-term viability. As investor sentiment slumped, the Tesco share price followed suit.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But, in the years since, the group has transformed itself. Profits and profit margins have boomed, and the group has been able to restore its dividend. M&S didn’t have the same problems in 2014, but that hasn’t stopped the company struggling. In fact, over the past five years, shares in the retailer have declined by a staggering 80%, excluding dividends. The Tesco share price has produced a positive total return over the same time frame.It has been struggling for several reasons. The company’s core clothing division has lost customers in recent years, and its younger food business has failed to make up for this lost business. The group has issued an endless stream of profit warnings, and has tried to restructure. But the organisation just cannot keep up with competitors like Tesco. Tesco doesn’t offer the same range of products as M&S. Instead, the company has doubled down on its core food business. Looking at the performance of the Tesco share price over the past five years, this appears to have been the right decision. Future growth This trend may continue in the years ahead. While Marks and Spencer has signed an agreement with online retailer Ocado to help boost its food business, it may be too little, too late. Few retailers can compete with Tesco’s size and scale in the UK grocery market. At the same time, Marks and Spencer’s clothing business continues to struggle. This may hamper the group’s efforts to expand in other areas. Meanwhile, the Tesco share price is firing on all cylinders. The company recently achieved its profit goals laid out at the start of its turnaround.What’s more, despite the coronavirus crisis, management recently confirmed the organisation will be paying a dividend this year. Tesco’s defensive nature and a countrywide network of essential stores has helped the company navigate the coronavirus crisis. While management does expect the crisis to have an impact on the group’s cost base, higher sales will offset the increased costs. As such, now may be a good time for investors to abandon Marks and Spencer and buy the Tesco share price instead. The former has been struggling to find its direction for many years, and this seems unlikely to change any time soon. Tesco, on the other hand, has spent the past five years fortifying its position in the UK retail sector. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Rupert Hargreaves | Sunday, 26th July, 2020 | More on: MKS TSCO See all posts by Rupert Hargreaves
“COPY” “COPY” CopyAbout this officeMiwako MASAOKAOfficeFollowTakeshi IKEIOfficeFollowShigenori Uoya Architects and AssociatesOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesKyoto-shiHousesJapanPublished on January 28, 2011Cite: “Kyoto-Model: A House With 3 Walls / Miwako MASAOKA + Takeshi IKEI + Shigenori Uoya Architects and Associates” 28 Jan 2011. ArchDaily. Accessed 12 Jun 2021.
Indiana Leading the Way with State of the Art Phenotyping Center Facebook Twitter Home Indiana Agriculture News Indiana Leading the Way with State of the Art Phenotyping Center By Andy Eubank – Aug 30, 2016 SHARE Plaut and Novak on phenotyping centerThe Indiana Corn and Soybean Innovation Center was lauded this week as a building in which new technologies from major advancements in plant agriculture will be realized through automated field phenotyping, the process of measuring and analyzing observable plant characteristics.Senior Associate Dean and Director of Research at Purdue, Karen Plaut explains drones roaming fields to acquire data is some of what is actually happening at the center.“We get the exact information of how those genes are expressing themselves. That’s what we call the phenotype. It’s the visible characteristics of that plant. What we do then is we get that data, we put that data together, and try to figure out what are the best plants for different environments. What traits are we not measuring now that are important and will make a big difference in yield for farmers.”She told HAT a number of key elements come together to make the building such an enhanced space for their research.“It is the space itself. There are areas where we need a modern facility to work in. In addition, much of this equipment is customized for our researchers, so it’s really state of the art. We developed it with flexibility so we can change out equipment as it develops. It’s also the technology, and one of the things this space does that we don’t do in that many other spaces is really allow us to build these multidisciplinary teams.”The former chief executive of the Indiana corn and soybean checkoff organizations that helped fund the new center, Chris Novak, is now the CEO of the National Corn Growers Association. He attended the dedication and told HAT Purdue and Indiana are now at the forefront of what needs to be a national push.“One of the reasons I wanted to be here today is at a national level we’re reaching out and we’re talking to soybean associations, and the cotton farmers, fruit and vegetable growers in California and Florida, because we know that there needs to be a federal phenotyping effort if we truly want to look at not just solving hunger but also as we develop plants that can help us with other nutritional issues like obesity.”Hear more from Novak and Plaut in the full HAT interviews:Karen PlautChris NovakJust steps away from the new center dedication, at the Beck Ag Center, the North American Plant Phenotyping Network was holding its inaugural convening event. Plaut said they anticipated 40 people would attend the meeting but registration was closed when they reached 170. Phenotyping was being discussed by representatives of 11 different countries, 34 companies, 30 academic institutions and 19 federal agencies. This network startup follows Europe and international networks already established and addressing plant phenotyping. Data collected at Purdue will be important to the North American network, and the dedication of the center was certainly an attraction for their very first meeting. SHARE Facebook Twitter Previous articleFarm Progress Show Opens With Rain and Lower PricesNext articleFew Changes in Indiana Farm Bureau Policy Andy Eubank
Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News First Heatwave Expected Next Week Herbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty12 Signs You Want To Stay With Your Girlfriend ForeverHerbeautyHerbeautyHerbeautyHere Are Indian Women’s Best Formulas For Eternal BeautyHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeauty Business News More Cool Stuff Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Make a comment EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Name (required) Mail (required) (not be published) Website Your email address will not be published. Required fields are marked * The U.S. Supreme Court today announced their decision to hear arguments in U.S. v. Texas, the case regarding the President’s executive actions to provide temporary relief from deportation for undocumented immigrants who were brought to this country as children and parents of U.S. citizens and legal permanent residents. Those actions, an expansion of the Deferred Action for Childhood Arrivals (DACA) and Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA), were halted by a decision of the Fifth Circuit Court of Appeals in New Orleans. Rep. Chu issued the following statement:With over 11 million undocumented immigrants forced into the shadows, I have fought for years for immigration reform that will keep families together and bolster our economy. As Chair of the Congressional Asian Pacific American Caucus (CAPAC), I urged the President to use his executive authority to take actions after House Republicans stalled legislative efforts to pass comprehensive immigration reform last Congress. That is why I was overjoyed when President Obama announced an expansion of the already successful DACA program and created the DAPA program. These actions would enable families to stay together and allow immigrants to continue to work and contribute to our economy with dignity and without the fear of deportation.“I was disappointed when the U.S. Fifth Circuit Court of Appeals upheld the lower court’s injunction, but I knew it was only a temporary setback. Allowing these aspiring Americans to continue to work and contribute without fear of deportation or being separated from their families is the right thing to do morally, economically, and legally. I am confident that the Supreme Court will uphold President Obama’s programs as lawful exercises of executive discretion.”On November 20, 2014, President Obama announced a series of executive orders that would defer deportation for approximately 4.7 million aspiring Americans living in the U.S. The largest initiatives included an expanded Deferred Action for Childhood Arrivals (DACA) program and the creation of a new Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA) program. The expanded DACA program extends DACA eligibility to those who entered the U.S. before the age of 16, regardless of their current age, and who have lived in U.S. continuously since January 1, 2010. The DAPA program allows parents of U.S. citizens and lawful permanent residents to request deferred action and employment authorization for three years, provided they have lived in the U.S .continuously since January 1, 2010, and pass required background checks. The implementation of both programs has been suspended until ongoing litigation is resolved.Leading up to the President’s executive actions, Rep. Chu as Chair of CAPAC led meetings with Department of Homeland Security (DHS) Secretary Jeh Johnson, DHS Deputy Secretary Alejandro Mayorkas, and senior White House aides, Cecilia Munoz and Neil Eggleston, to discuss the need to prioritize family unity in immigration reform. A copy of CAPAC’s executive action recommendations to Secretary Jeh Johnson can be found here. Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 0 commentsShareShareTweetSharePin it Government Rep. Chu Welcomes Supreme Court Decision to Hear U.S. v. Texas Immigration Case Published on Tuesday, January 19, 2016 | 12:29 pm Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.
FacebookTwitterLinkedInEmailiStock(NEW YORK) — Here are the scores from Tuesday’s sports events:AMERICAN LEAGUE PLAYOFFSHouston 4, NY Yankees 1NATIONAL LEAGUE PLAYOFFSWashington 7, St. Louis 4NATIONAL BASKETBALL ASSOCIATION PRESEASONBoston 118, Cleveland 95Minnesota 119, Indiana 111Philadelphia 106, Detroit 86NATIONAL HOCKEY LEAGUETampa Bay 3, Montreal 1Toronto 4, Minnesota 2Arizona 4, Winnipeg 2Calgary 4, Philadelphia 1 Nashville 5, Vegas 2 Vancouver 5, Detroit 1Carolina 2, Los Angeles 0 Copyright © 2019, ABC Audio. All rights reserved. Beau Lund Written by October 16, 2019 /Sports News – National Scoreboard roundup — 10/15/19
An oxford NUS delegate has publicly criticised the National Union of Students for “preventing people from expressing their views” due to what he sees as an intolerance of right-wing opinions within the organisation.Jack Matthews, who is also President of the Oxford University Conservative Association described his first experiences at the union in a blog post. He stated, “Within minutes of the meeting starting, one member began to speak of how NUS should build a bonfire, with the Lib Dems in the middle and the Tories on the top… I had somehow stumbled into the heart of an organisation where you could joke about the murder of someone along party lines, and the rest of the room wouldn’t bat an eyelid.” At a separate NUS event, Matthews claimed that “the vitriol was so great… [I] was effectively hounded out”.He related OUSU’s similar antipathy when he first revealed he was a Tory, describing how “There was a clearly audible gasp from the members of OUSU Council. My first experience of student unions and the take home message was ‘you’re not that welcome’.”Speaking to Cherwell, Matthews stressed, “This isn’t just about being a Conservative; it’s about being different. We have a situation where the environment of our “debates” is preventing people from expressing their views… while the rules that are in place at the NUS do not technically bar anyone from getting involved, there is a culture that puts off outsiders.”Others have criticised the NUS on similar grounds. Reading University Student Union president Mark Kelleher told Cherwell of “Sitting next to a NUS full-time officer, an elected representative of all students in the UK, who started to sing the now infamous ‘build a bonfire’ chant.“NUS are very big on… the principle that no course participant should be made to feel uncomfortable… However, from what I have witnessed, this only applies if you agree with their strong left-wing views.”An NUS spokesperson commented, “NUS does not align itself to any particular political party. Our membership is made up of thousands of students with a broad spectrum of political views. This sometimes results in debates at conferences but all views are heard and received. We also operate an equal opportunities policy within NUS and throughout all of our events which extends to different political views.”OUSU President Tom Rutland commented, “I have no time for people who sing songs about putting anybody on a bonfire, but my experience of working with NUS has been very positive. OUSU Council is comprised primarily of OUSU representatives and JCR/MCR Presidents, elected by individual common rooms – if there is a ‘political mainstream’ in OUSU, then it’s one that is both representative of and chosen by common rooms.”Ed Nickell, former President of Exeter JCR and recently appointed NUS delegate for OUSU, was sceptical about the strength of ill-feeling towards Jack Matthews. He said, “In the face of discrimination on grounds of class, race, gender and sexuality – I’m not sure being a Tory is really such a tough one. This is a storm in a teacup. Maybe people have been rude to Jack, and that wasn’t very nice of them, but that doesn’t actually amount to censorship.”The NUS is the UK’s largest confederation of student unions, including 95 per cent of all higher and further education unions.The annual National NUS conference is where policies are voted on by elected delegates. Factions including Labour Students, Conservative Future and the National Campaign against Fees and Cuts usually contest elections.