Posts made in September, 2018

Player activity decline sees Mybet post €8 million losses for 2015

Player activity decline sees Mybet post €8 million losses for 2015

An EBIT loss of 8.8 million euros was experienced by the end of 2015 by the bookmarker mybet Holdings SE; this was according to Frankfurt Xetra. This came shortly after a full year loss of 500, 000 euros in 2014. A tremendous decline in player involvement in the German bookmarker had been witnessed throughout the financial year of 2015. The online sports betting club also witnesses a downfall in the gambling activities which totaled from 100 million euros in 2014 to 95 million euros in 2015. A depression of 1.5% in net revenues totaling to 69.2 million in 2015 from 70.4 million was witnessed.

A profit warning was issued to investors in 2015, where they were warned of the possibility of over a million euros loss by mybet holdings, in its entire business year. The owners of mybet holdings responded to the losses by saying that the previous year (2015) had seen vital changes in the bookmarker, since it was busy applying the product and company strategy, where a new IT platform was assimilated in the holding. To resuscitate its customer reputation the operator is in the process of reforming its online casino and its sports betting strategy.

The owners of the holding promised to oversee an 8- 12% revenue increase in 2016, where EBIT increase will also be witnessed. This will be possible through the recent established cost- saving platform and approach. Zeno Ossko, who is the CEO of mybet platform, stated that the 2015 financial year had a lot of challenges, but promised that the challenges were being handled by the new IT platform, and that future profit gains would be witnessed in the coming years by the customers. He also said that the platform aims at providing the best customer services throughout. Players were also encouraged to make use of mybet sales channel, through the use of one major gambling account; the company has overseen the transfer from online sector to retail business, to help in re- gaining customer confidence.

He is positive that the 2016 financial year will be much better.

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Malachi Richardson ‘not answering any questions about going into the NBA Draft

Malachi Richardson ‘not answering any questions about going into the NBA Draft

Malachi Richardson, who is the Houston- Syracuse guard, was too upset after his team lost 83- 66 to North Carolina in the final four, during  the SU’s final season. He had a towel cover his head in the locker room; he was not in the spirit of discussing whether he was going to participate in the second round after he was penalized from the end of his first season. He reported that he was not giving any responses as to whether he was participating in the NBA draft. Following Richardson’s decline in giving any responses, his future in the NBA will remain a mystery among the Syracuse basketball fans. They are however hoping that their questions will be answered in the weeks to come.

ESPN’s Chad Ford has ranked Richardson as number 77 on his big board, this is because Richardson has been marked absent from the mock drafts for almost an entire season, this however, his position is however determined by the player’s  possibility of taking part in the NBA.  Richardson has however being taking part in big games in the late Syracuse season, where he scored 21 points in the first round against Dayton, and in the second half scored 21 points in their win over Virginia, thus topping over Malcolm Brogdon, one of ACC’s best defenders. Even though Richardson remained silent about joining the NBA, he will be forced by the NBA’s reformed rules to play in the coming season.

Invited players have been allowed to attend the NBA combine, and have been given 10 days work out days to practice for the NBA, this comes shortly after the deadline for underclassmen to remove their names from the NBA draft was pushed back to this year. Players can then be allowed to go back to school provided they have not signed with an agent. In the past times, players were only able to proclaim their drafts only twice, and the deadline of getting rid of their names was only possible before combines and self-workouts. Players can now make more informed decisions and have a more diverse experience.

Richardson however said that he will spend his offseason improving his steadiness, he seemed pretty excited about Syracuse future.

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Greyhound body fuming over proposed cuts to prize money

Greyhound body fuming over proposed cuts to prize money

The Queensland Greyhound breeders, owners and Trainers association is working really hard to have the Racing Queensland and the State Government convicted for discrimination, which is a breach against the oath of conduct. The QGBOTA president, Brenton Wilson stated that the greyhound racing has currently been facing a very sturdy upward spiral, thus the proposed cuts to prize money which was set for 1st April could not be warranted as perceived by his organization. Wilson said that they had earlier on discussed the cuts with the head of operations for RQ, Declan Martschinke and Ian Hall, but they were unable to validate the cuts. He however added that he knew the prize money was expected to be around a 28 to 38 percent decrease.

Brenton Wilson, also said that the QGBOT had a problem with how the greyhound industry was been treated when compared to other two codes, he said that it was a very unfair move. He also added that a new greyhound racing course in south- east Queensland was underway, which is to serve as an example of how unfairly the code was being misused. The prize money among the three codes had been rationalized due to the loan granted to the control body of around 17.5 million dollars, the state of government had loaned out the money to fulfill its financial obligations. The wagering projections were responsible for the prize money levels, and it is also certain that there is some flexibility in the tracking towards the adjustment of the prize money levels which are adjusted on quarterly reviews of the projections and gambling figures.

Racing Queensland has most often been challenged by the Queensland Greyhounds Affiliation from September of last year, in terms of their revenues which they said had been clearly miscalculated. The QGA wrote to the outgoing acting chief, Ian Hall, stating that it had evidence in terms of data to prove that their revenue estimates were very incorrect and that the projections would never be used by any organization. Andrew Taylor, the owner of Greyhound stated that the RQ had pushed the industry so hard that the people in operation had to agree without hesitation. He left it up to them to handle the situation how they felt fit.

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Footgolf takes over pitch and putt

Footgolf takes over pitch and putt

Get ready Wirral! The well- known two UK sports are already at your doorstep, according to the latest news. Footgolf is now available for the pitch and putt course which is located at the Arrowe Park, with particularly improved holes and t- shirts that are conveniently altered to represent the recent games.  There have also been some alterations in the golf holes so that they can easily accommodate footballs. The footgolf players are also aiming to finish their game in the 9 to 18 holes, in a few shots, within a very short period of playing. Compared to traditional golf holes, the footgolf holes are much shorter, with an average length of 100 yards.

However, they are not trying to do away with the traditional golf holes, they will be merged together, but the footgolf holes will have new mats and t- shirt marks being fitted into larger hole. The mixture of the two games have attracted a wide pool of potential players, both interested in the traditional golf and  the footgolf, though this hybrid set of games have only being available in Liverpool and Cheshire. The cabinet member for Leisure and culture, Cllr Chris Meaden stated that footgolf is an upcoming sport that attracts a wide array of people who travel to use the golf courses.

The cabinet member also said that they are been very careful to ensure that the municipal resources are not being negatively affected, and they have therefore come up with ways to make sure the resources are not affected. He also pledged that by 2020, the people will be able to have a chance in leisure and cultural occasions, footgolf is among the new sports that they will be planning in having around. Players will be able to play from 8 am to 6pm on weekdays, and from 7 am to 6pm during weekends.s.

Adults will be able to play for 5 euros, while juniors will play fir 3 euros, for every 9 holes. Families will have special packages set aside for them.

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Rumors On NFL Free Agency

Rumors On NFL Free Agency

The NFL free agency has officially begun. This means that there is a lot of news to catch up on as players as well as team begin to sign contracts. The salary cap also continues to grow and so are the contracts. On Thursday, the NFL free agency period was quite slow compared to the first day but some of the big player names were signed .

Record-breakingdeals are also being signed. For instance, the Philadelphia Eagles have made a pair of trades, Houston Texans have selected Brock Osweiler as quarterback and Lamar Miller as a running back.

In addition to that, Jermaine Kearse, Cedric Thornton, JermonBushrod and Mohamed Sanu are some of the players that signed new contracts on Thursday. The day also saw other players like Bruce Irvin, KelechiOsemele and Malik Jackson change teams.

Oakland Raiders are known to be spenders when it comes to free agency but most of their movers in the previous years have been considered as desperate. However, after they had a productive season last year, they placed together competitive season and have suddenly become an ultimate destination for free agent players.

On the other hand, Colin Kaepernick has shown interest in playing for the Browns. As such, the 49ers have been in talks with Cleveland concerning the trade. It was expected that the Browns will release quarterback JohnyManziel this week but the move has not been announced. If Kaepernick leaves for Browns, the 49ers are expected to go for Robert Griffin III.

Freeman is set to meet the Bears on Friday.Contract negotiations between former Colts linebackerJarrel Freeman have halted, whereas the Falcons and Giants are also in contest his services. The Packers have re-signed Nick Perry to a one year deal worth $5million and the Seahawks have signed Jon Ryan on a four year contract, $10 million deal.

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