Horace Hinds PENNSYLVANIA – JN Money Services (JNMS), owners and operators of the renowned JN Money brand, will be launching its remittance services in the state of Pennsylvania (USA).The remittance provider, via its JN Money Online platform, will offer its suite of services such as cross-border money transfers for cash pick up, to and account or to the JN Money card and bill payment in Jamaica. The JN Money brand currently offers remittance services from eight other states in the US (New York, New Jersey, Maryland, Connecticut, Massachusetts, Florida, Georgia and Washington D.C). Pennsylvania now brings it to nine.“Establishing locations in Pennsylvania is part of our thrust to connect our customers across the United States to their homes,” said Horace Hines, general manager, JNMS. “As Jamaican company we want to continue to build relationships and provide connections for our fellow Jamaicans. At present, the state is home to a sizeable Jamaican population; and we are confident that our services there will establish even more avenues for them to connect with home.”Pennsylvania is home to about 30,000 Jamaicans, placing it among the top 10 states with large Jamaican populations, according to the United States Census Bureau.“The USA is also the largest source for remittances into Jamaica, accounting for some US$1.47 billion, or about 62.8 per cent of the inflows into the country, based on figures from the Bank of Jamaica,” Mr. Hines informed. “We believe that giving Jamaicans in Pennsylvania the opportunity to send funds home, using our fast, convenient and affordable service, will positively impact the net remittance inflows, as well.”Mr Hines stated that the JN Money will officially launch operations in the state as of December 6, and Jamaicans will be able to utilise the remittance company’s online platform.“Our JN Money Online platform will give customers the convenience of sending funds to friends and family and paying bills in Jamaica. We will continue to build bridges between Jamaicans in the Diaspora and home, as we continue to help them to “find a way,” to keep the connection to Jamaica,” he stated.
Former Super Eagles defender, Efe Sodje alongside his two brothers Sam and Akpo have been accused of money laundering and charged to court in the UK.The three brothers were jointly charged to court with two other men, Emmanuel Ehikhamen and Andrew Oruma for £80,000 email banking scam which targeted firms in Columbia, India, Italy and Abu Dhabi.However, all accused men have denied the charges at the Old Bailey court.The offences was said to have taken place in November 2013 with the Prosecutor Julian Christopher QC saying: “This case is about international money laundering. In November 2013 a number of companies around the world – in Columbia, India, Italy and Abu Dhabi – were the victims of fraud.“They were sent emails which they thought came from their suppliers to whom they owed money, but the emails provided new, false, bank details to which the money should apparently be sent.“There were two bank accounts to which these companies were tricked into sending money.One of the Sodje brothers, Akpo Sodje, who resides in Dubai, has reportedly refused to travel to the UK for interrogations by detectives.“One belonged to the first defendant, Emmanuel Ehikhamen, the other to a man named Akpo Sodje, brother of the defendants Efe Sodje and Sam Sodje.“The prosecution allege that all four of them and also the defendant Andrew Oruma were involved in an arrangement to facilitate the receiving and onward transmission of money which had been obtained by these frauds, keeping some as financial rewards for their assistance.” the prosecutor added.Related
American tennis star Venus Williams became the oldest woman ever to get to the final of a WTA Tour Finals after she saw off Caroline Garcia of France to set up a title decider with Caroline Wozniacki.Williams, 37, came back from a set down to secure a 6-7 (3-7) 6-2 6-3 semi-final win to seal a first final since 2009.She will face 27-year old Caroline Wozniacki of Denmark after the Dane defeated Czech star Karolina Pliskova 7-6 (11-9) 6-3 in Singapore and this Pliskova defeat means that Simona Halep will end 2017 as world number one.Fifth seed Williams is a massive favourite ahead of Sunday’s final as she has a 7-0 record against sixth seed Wozniacki dating back to over a decade.RelatedWozniacki Clinch WTA Finals Trophy With Win Over VenusOctober 29, 2017In “Sports”Alexandre MendyJune 30, 2017Similar postIndian Wells Masters: Keber, Venus, Osaka Survive 5th RoundMarch 12, 2019In “Tennis”
Submit StumbleUpon Share Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk August 10, 2020 Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February).The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market.Kindred governance informs that it has attributed acquisition related costs of £4,6 million, of which £600,000 has been already accounted within its Q1 2017 trading update. The remaining costs attached to its deal will be recognised in the firm’s upcoming statements.The European betting group expects to add 32Red assets directly to its corporate metrics, with an expected amortisation of £7-8 million per year over the coming three years.In his April Q1 2017 update to investors, Kindred CEO Henrik Tjärnström stated that his firm had acquired a top tier UK online casino asset, which would complement its existing market portfolio of Unibet UK and Stan James sports betting brands.Tjärnström further stated that Kindred executives would push to make 32 Red cash effective asset by improving cost and operational synergies with existing corporate assets. Unibet backs #GoRacingGreen as lead racing charity July 28, 2020 Related Articles Share GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020
StumbleUpon A new study by the Thoroughbred Horseracing Industries MBA has found that the performance of female jockeys is similar to that of their male counterparts.The MBA, run by the University of Liverpool with funding from the British Horseracing Authority (BHA), Horserace Betting Levy Board (HBLB) and the Racing Foundation, has been utilising detailed analysis techniques on data covering a 14-year period.With the quality of the horses being ridden factored in, the study suggests that essentially performance is no better of worse across genders.Amongst the results of the data is that 11.3% of professional jockey licences are held by females jockeys, with only 5.2% of available rides during the 14 year study, which incorporated 128,488 races and 1,255,286 individual rides, taken by female jockeys. Vanessa Cashmore, author of the study, commented: “This study strongly indicates that female jockeys are every bit as good as their male counterparts. “I hope it helps to provide more opportunities for female jockeys, and also encourages more women to further their careers as race riders.”After reiterating its desire to take steps to address the disparity in male and female racing opportunities, the BHA has also stated it is to work with the sport’s recently-formed Diversity in Racing Steering Group.Nick Rust, Chief Executive of the BHA, explained: “This study provides further evidence towards something that many in the industry have felt for some time – that there is no reason why female jockeys should not be considered as good as their male counterparts.“We are proud that British racing is one of the few sports where men and women can compete on equal terms. However, if female jockeys are not being given the same opportunities as the men, then this cannot be considered as equality.“Understanding why there are fewer female jockeys than male, and why those jockeys get fewer rides than the men – in particular in higher profile races – is something that we are determined to address, and will be considered by the sport’s dedicated Diversity in Racing Steering Group.“Racing should be based on values of fairness and respect. We intend to ensure that these values underpin all aspects of the sport and that British racing provides fair opportunities for all of its participants.”The BHA has also detailed it is continue to monitor situations in France, where France Galop has provided female jockeys with a weight allowance in certain races, as part of its ongoing commitment to address diversity issues.Results of this initiative, view of the Diversity in Racing Steering Group and findings of Cashmore’s study will be added to by further internal analysis, to determine any short and long-term steps that must be taken to improve equal opportunities for female jockeys. Submit Related Articles Share FDJ’s ParionsSport launches sponsorship programme for French amateur football August 24, 2020 Vbet sponsors AS Monaco as Ligue 1 kicks off new season August 24, 2020 Share UK Racing pushes for drastic levy reforms as deep recession looms August 25, 2020
StumbleUpon Share Submit Progressive platform provider InBet Games is aiming to further enrich its offering, agreeing a new partnership with online gaming software developer EvenBet Gaming. A key benefit of the deal for InBet Games will be the integration of EvenBet’s cutting-edge poker product, which utilises a turnkey poker solution and delivers multi-functional performance alongside exceptional reliability and scalability.The agreement also furnishes InBet Games, which has become a leader in the CIS igaming market, with an innovative poker product, as it seals its full-stack portfolio and bids to expand its global reach across Eastern Europe, Latin America and Africa.Integrating EvenBet’s flexible poker solution into any games suite generates a proven benefit across core KPIs – particularly at a time when reliable cross-selling and player-engagement present operators with a major challenge.Pavel Korolev, InBet Games’ Business Development Director, commented: “It’s fantastic news to partner with EvenBet on a deal which I feel equips our diverse suite with its final key component of poker. We were drawn to the ease of integration and EvenBet’s commitment to reinventing the poker space with new formats such as Open Face Chinese. Together, we are securing deeper user engagement with maths engines that enhance playability and gameplay.”Dmitry Starostenkov, EvenBet Gaming CEO, added: “InBet share our flair for versatile software solutions and we have been impressed with their capacity. There is enormous potential for mutual growth over the coming years, and we look forward to seeing how more and more players embrace our retooled poker games. This agreement provides further vindication that we are offering the leading turnkey poker product on the market.”EvenBet Gaming recently also launched a game-changing new daily fantasy sports offering, designed to breathe fresh life into DFS, allowing operators to seamlessly integrate another state-of-the-art product Hot Swap delivers “instant win” for Inbet’s retail betting clients January 2, 2019 Wiseodds launches poker-inspired betting platform March 18, 2020 Poker legend Molly Bloom in for CasinoBeats Malta February 20, 2020 Share Related Articles
Submit StumbleUpon Related Articles Share Betway and Dafabet grow La Liga sponsorship portfolios August 14, 2020 Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 Share Carolyn Harris: Banning gambling sponsorships ‘one of the most obvious things to do’ July 14, 2020 La Liga has chosen to partner with Facebook, as Spain’s top flight football league seeks to significantly expand its profile within the Indian sub-continent.Beginning this weekend, La Liga will stream all season 2018/19 matches (total 380 matches) on Facebook’s social media platform, making its content available to audiences in India, Afghanistan, Bangladesh, Bhutan, Nepal, Maldives, Sri Lanka and Pakistan.Facebook will replace Sony Entertainment as lead Indian sub-continent broadcaster of La Liga matches.Sony is reported to have paid $32 million for its previous contract. As yet, La Liga and Facebook have chosen not to disclose partnership terms.Confirming the deal to Spanish media, La Liga’s Digital Director Alfredo Bermejo declared that the league had secured the most comprehensive ‘free-to-air’ partnership with Facebook, “opening up a potential audience of + 270 million viewers”.The partnership has caught the eye of tech and media analysts, who believe that Facebook may seek to further grow its presence within developing markets of Asia, South America and Africa, by acquiring sports media rights.The US social media giant’s sports content strategy is being led by former Eurosport Chief Executive Peter Hutton who joined the company in March 2018.
Related Articles Greek retail closures rock OPAP Q1 performance June 11, 2020 Submit OPAP delivers on Athens children’s hospital CSR projects July 6, 2020 Share Greek leisure approval sees OPAP return to full capacity June 8, 2020 Greek Finance Minister Euclid Tsakalotos has presented the initial framework for the nation’s new online gambling licensing regime, seeking to continue the overhaul of Greek-wide industry regulations.Since 2011, The Greek government has allowed 24 operators to operate online gambling services, sanctioned through ‘transitional permits’.The Ministry of Finance will allow these operators first right to secure its revamped online gambling licenses, however, stakeholders will likely be disappointed by the steep costs attached to procurement.In its proposed framework, the Greek government has attached a €4 million fee for securing an online sports betting licence, with operators forced to pay an additional €1 million for operating further online gambling services.At present, the proposed online gambling licences will last for a period of five years, with operators further required to prove that they operated legally within regulated EU jurisdictions, along with records disclosing up to three years of corporate financial performance.On application, all interested parties seeking to secure a new online gambling license will be forced to deposit €500,000 with the Greek Finance Ministry. The Greek government has stated that it won’t allow ‘black-listed operators’ to apply for licensing for a period of up to 12 months. Applicants will learn of their acceptance within two months of filing.Further complications see the Ministry of Finance attach a ‘variable tax’ on consumer winnings above €100, which will be withheld by Greece’s tax authority before redistribution to customers.As yet, little is known as to whether the Greek government will seek to adjust its 35% revenue tax on online gambling services.The Ministry of Finance will move to open a consultation window on its proposed framework, seeking advice and opinion from active stakeholders within the Greek gambling market. StumbleUpon Share
Share Share Related Articles Submit StumbleUpon Global Gaming adds sportsbook extension to Ninja property August 25, 2020 Soft2Bet continues new market drive with Irokobet launch August 26, 2020 Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Mandalorian Technologies and Betway have become the two latest gaming companies to be reprimanded by the Swedish regulator, Spelinspektionen, after the two were found to have violated bonus offer rules in place. The two have both received a warning and issued with penalty fees of SEK9m (£730k) and SEK5m (£406k) respectively. Current Swedish regulations state that licence holders are only permitted to offer customers a single bonus, however an investigation found that customers on both sites were continually offered bonuses by Mandalorian and Betway.The authority stated: “As the Spelinspektionen already had indications at the beginning of the year that some gaming companies did not comply with the legislation, on February 19, the authorities issued a letter to all licensees regarding bonus offers.“After the letter, the Gaming Inspectorate noted some compliance from the licensees, but the assessment is that further measures must also be taken to achieve full compliance.”Betway currently provides Swedish customers with games via betway.se, while Mandalorian offers games on noaccountcasino.com and prankcasino.com. Spelinspektionen continued: “The main purpose of the new gambling regulation, which came into force on January 1, 2019, is to strengthen consumer protection and reduce the negative effects of gambling. “The limitation on bonuses is contained in the law to reduce social and economic damage and problem playing. The Gaming Inspectorate will therefore continue to focus on supervision of this area.”
Scottish FA sponsorship deal with William Hill to end February 21, 2020 Campaigners call on Boris to ban gambling sponsorship in football February 26, 2020 Submit Related Articles Share Leeds United nets record breaking SBOTOP sponsorship for EPL comeback August 11, 2020 StumbleUpon Share The Football Association (FA) has issued a fresh crackdown on breaches of its betting rules after issuing both Yerry Mina and Jordan Stevens with fines and subsequent warnings.Mina has been handed a £10,000 fine and a warning over his future conduct, while Stevens was also fined £1,200 and a six-week ban from the sport. An FA regulatory commission found that Mina had worked alongside Colombian betting company called Betjuego to feature in an advertisement for the brand. The Everton star has since accepted a misconduct charge after the commission heard that the advert was entirely in Spanish and not broadcast outside of Colombia.A statement released by the FA said: “Yerry Mina has been warned as to his future conduct and fined £10,000 after admitting a misconduct charge in relation to the FA’s betting rules.“The Everton FC defender breached FA Rule E8(3) by participating in an advertisement for betting activity which he is prohibited from engaging in.”In response to the charges, Everton had emphasised that the advert in question had only aired for around one month after 24-year-old Mina had demanded it be removed as soon as he was informed that he was in breach of the FA’s betting rules.Meanwhile Stevens admitted a misconduct charge in relation to The FA’s Betting Rules after it was alleged that he placed 59 bets on football matches between 06 August 2018 and 27 May 2019.The FA explained in a statement: “The Commission accepts that in this particular case there are a modest amount of bets in total, and the amount staked was similarly modest at £510.12. The Commission had particular regard to the 23 bets which were placed on games in competitions into which Leeds United were entered and, of those 23 bets, the five bets which were placed on games involving his own club. “It is notable that three of the bets were placed on Leeds United to win and two were on both teams to score twice. We accept the FA’s submission that those five bets are the most serious aspect of the case.”Leeds United has stated that it will “support Jordan through this process, he is a young footballer who needs educating on the dangers of outside influences and how to conduct himself as a professional footballer”, but has stated that they believe the punishment to be somewhat “excessive.”Leeds United chief executive Angus Kinnear commented: “Whilst we fully recognise the importance of the FA’s role in protecting the integrity of the game, we are hugely disappointed in the FA’s choice of sanction.“To prevent a young footballer from taking part in any football activities at such critical period of his career is a disproportionate punishment following a foolish mistake from a young player.“We are particularly disappointed that the sanction was determined by two former professional footballers who we hoped would have had a better understanding of the impact of their decision.”