Finance Greek gambling operator OPAP Group has agreed to acquire an additional stake in Stoiximan Group’s Greek and Cypriot operations (SMGC), after securing approval to proceed with its initial acquisition of a larger holding in the business. 21st April 2020 | By contenteditor Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter OPAP set to further increase stake in Stoiximan Tags: Online Gambling Subscribe to the iGaming newsletter Topics: Finance Strategy Regions: Europe Southern Europe Cyprus Greece Greek gambling operator OPAP Group has agreed to acquire an additional stake in Stoiximan Group’s Greek and Cypriot operations (SMGC), after securing approval to proceed with its initial acquisition of a larger holding in the business.OPAP in January 2019 struck a deal to purchase a 51% stake in SMGC for a total consideration of €94.9m (£82.9m/$102.8m), with the deal granted approval from the Hellenic Competition Commission in November last year.The Commission for the Protection of Competition of the Republic of Cyprus has now also cleared the deal, allowing OPAP to proceed with the acquisition.In relation to the initial arrangement, OPAP has also agreed to take an additional 15.48% indirect stake in SMGC.OPAP currently owns a 36.75% stake in Stoiximan Group through the brand’s parent company TCB Holdings that was purchased in September 2018. OPAP will retain this stake and continue to provide online betting and other online gaming services outside of Greece and Cyprus – currently in Portugal, Romania and Germany – under the Betano brand.Together with the 51% stake in the Greek and Cypriot business, plus the existing stake in the business, the purchase of the additional 15.48% stake sees it increase its total shareholding in SMGC to 84.49%. However, this remains subject to the requisite regulatory and competition approvals.Should all sections of the acquisition secure approval, including the additional indirect stake, the aggregate net consideration planned to be paid in 2020 would be €163.4m, plus net cash.In addition, subject to performance criteria set for the SMGC, the purchase would be subject to certain earn-out payments, calculated as a multiple of earnings before interest, tax, depreciation and amortisation differential for the years 2020 and 2021.SMGC would continue to operate independently from OPAP’s online business, with the existing SMGC management team continuing to lead SMGC’s day-to-day operations. SMGC would continue to operate under the Stoiximan brand through a separate legal entity.OPAP would also appoint directors to the board of the legal entity operating the SMGC business and, upon implementation of the sole control over SMGC, would assume control of this board.“Building up OPAP’s presence in Online was a key element of our original 2020 Vision and in the last two years we have been steadily implementing our strategy of developing OPAP’s own online business while also taking an investment in the leading Greek online operator, Stoiximan Group,” OPAP chief executive Damian Cope said.“Both have been growing rapidly during this time, albeit from very different bases, and so we are delighted to be announcing today that we are not only now able to conclude our previously announced investment but that we have also reached agreement with Stoiximan to further increase OPAP’s stake in their Greek & Cypriot operations.”Stoiximan chief executive George Daskalakis added:: “Since OPAP’s initial investment 14 months ago, both Stoiximan and Betano have achieved impressive growth. This is the result of a strategic plan executed with consistency and professionalism by a team of more than 700 highly dedicated colleagues, whom I am honoured to lead.“Today, OPAP’s decision to increase its investment in Stoiximan, essentially fuels the prospects of our company in the future, but mainly constitutes a strong vote of confidence in our way of doing business.”Earlier this month OPAP reported a 4.7% year-on-year increase in revenue for 2019, to €1.62bn, though it did not break out online performance in the results. The operator is expecting a significant impact from the novel coronavirus (Covid-19) pandemic, however, which it expects to reduce monthly gross gaming revenue by up to €140m, with earnings expected to fall between €50m and €53m while its effects are felt.
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All in all, it’s a chance to treat your family to a match-day experience with a difference.For more information on this and other hospitality packages available for the QBE Internationals, click here, call 0845 125 4882 or email [email protected] LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS The hospitality package is £499 for two and includes:Category 1 RFU match tickets (one adult and one child)Access to a self-contained, child-friendly facility in Rugby HouseAn official souvenir programme (one per two guests)Experienced, friendly and helpful staff in attendance throughoutA range of soft drinks, beer and wine which can be refilled during the day (pre- and post-match)A two-course buffet offering something for everyone, even the picky eaters!A selection of sweet treats, including popcorn, ice cream and pick ‘n’ mix.Running man: Jonathan Joseph on the attack for England against France in the Six NationsThe match kicks off at 8pm but there’s no need to worry about getting home. Twickenham Station is a short walk from the stadium while a shuttle bus service operates from the stadium to Richmond for 150 minutes after the final whistle or 30 minutes after the bars close (whichever is earlier). Car parking is available on site as an optional extra. Enjoy a match-day experience with a difference at Twickenham for England v France thanks to Keith Prowse ADVERTISING FEATUREKeeping children entertained throughout the summer holidays can be a tricky task, but here’s an idea that would be fun for all the family: a trip to Twickenham to see England face France on Saturday 15 August in the first of their two QBE Internationals.The rivalry between England and France stretches back decades so the match itself is sure to be entertaining – remember the 12-try thriller the two sides produced in the final game of this year’s RBS 6 Nations? It’s also a chance for you to soak up the pre-World Cup atmosphere at Twickenham – and you can do it all in style with a family hospitality package.Keith Prowse have worked in partnership with the RFU for 15 years and have put together an all-inclusive experience for families, be it one adult and one child (16 or under), two adults and two children or six adults and six children!
Aviva PremiershipBath Rugby – Guy Mercer – It was two pre-season wins from two for Bath, who beat Yorkshire Carnegie 20-14 followed by a 32-17 drubbing of the Scarlets. Impressive performances in the shirt see Guy Mercer take up the captaincy role from Stuart Hooper.Bristol Rugby – Jack Lam – The Samoan flanker will lead Bristol in their return to the Aviva Premiership. The 28-year-old will get his first taste of Premiership action against Harlequins.Exeter Rugby – Jack Yeandle – The homegrown hooker will lead Exeter for the 2016/17 season. Having registered pre-seaon wins over Ulster and the Scarlets, Yeandle, alongside new Chiefs signings Ollie Devoto, Dave Dennis and Greg Holmes start the new season on a high.Wham bam: Jack Lam will captain new boys Bristol Edinburgh Rugby – Stuart McInally and Grant Gilchrist will co-captain Edinburgh for the 2016/17 Pro12 season. Both Scotland internationals, the two 26-year-olds have donned the black & red of Edinburgh a combined 156 times. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS With the commencement of the 2016-17 Aviva Premiership and Guinness Pro12 seasons upon us, we list the protagonists of each team. Here are the captains… Defending champions: John Muldoon is Connacht’s captain for 2016/17 Gloucester Rugby – Greg Laidlaw – The Scottish scrum-half will captain the Cherry and Whites throughout the 2016/17 season, and is aiming for a top four finish.Harlequins – Danny Care – The England No. 9 will lead out Quins in their first game of the season against Bristol, in the London Double header at Twickenham, on 3 September. The absence of Nick Easter will be felt across the Quins squad, and Care could be the man to fill his natural leader role.Leicester Tigers – Tom Youngs – With over 100 appearances for his club, Tom Youngs epitomises the traditional on-field attitude of a Tiger. “I am a Leicester Tiger born and bred, I love the club and everything it stands for. To be captain is a huge honour and I’m very pleased to be given the opportunity.”Careful eye: Danny Care will captain Quins for the 2016/17 seasonNewcastle Falcons – Will Welch – The Falcons’ back-rower will continue to carry out captain’s duties throughout the 2016/17 season. It will mark his fourth season in the role.Northampton Saints – Tom Wood – After recently signing a new contract with the Saints, Tom Wood will remain club captain. The 29-year-old has made 129 appearances for Northampton, and will be hoping to lead them to silverware this season.Sale Sharks – Josh Beaumont – The No 8 has replaced Daniel Braid as captain of Sale, after the Kiwi retired to join the Sharks’ coaching staff. Leadership qualities must run in the family, as the 24-year-old’s father, Bill Beaumont, led England on 21 occasions.Sale away: Josh Beaumont has been given the reigns at the SharksSaracens – Brad Barritt – After helping Sarries achieve Premiership and European Cup glory last year, Barritt has been given the captaincy reigns. He replaces Alistair Hargreaves, who missed the backend of last season through injury.Wasps – Joe Launchbury – Launchbury, now entering his seventh season at Wasps, has been given the role of club captain for the 2016/17 season. He replaces James Haskell – who will miss a large chunk of the season through injury – and Matt Mullan.Worcester Warriors – GJ Van Velze – The 28-year-old South African gets the captaincy nod. It will mark his third season in charge of the Warriors.Not so average Joe: Launchbury takes over from James Haskell as Wasps captain Zebre Rugby – George Biagi – George Biagi will captain Zebre for the 2016/17 Pro12 season. The Scottish-born lock’s side finished four points ahead of their Italian counterparts last season, but have parted with 16 members of last year’s squad. Glasgow Warriors – Jonny Gray & Henry Pyrgos – Jonny Gray will share the Warriors captaincy with Henry Pyrgos this season, after the 22-year-old led Glasgow in the back end of last season – after the departure of Al Kellock.Leinster Rugby – Isa Nacewa – The 34-year-old Fijian will captain the Irish province for the 2016/17 season. Nacewa returned to Leinster last season, and scored nine tries in 23 matches for the men in blue. His vast club experience makes him the perfect man for the job.Leinster legend: Isa Nacewa has been appointed the club’s captainMunster Rugby – Peter O’Mahony – Munster’s new Director of Rugby, Rassie Erasmus, has chosen Peter O’Mahony to continue as club captain for the 2016/17 season. O’Mahony missed last season though a cruciate knee ligament injury, but is set to make a return in September.Newport Gwent Dragons – Lewis Evans – Lewis Evans will take over the Dragon’s captaincy role from T Rhys Thomas for the 2016/17 season. Evans’s loyalty has been rewarded – it’ll be the back rower’s 11th season in a Gwent shirt.Ospreys – Alun-Wyn Jones – After extending his contract with Ospreys, Alun-Wyn Jones will captain the Swansea men for the 2016/17 season, with intentions fixed on improving on last seasons’ 8th position finish in the league.Captain fantastic: Alun Wyn Jones retains the captaincy at the OspreysScarlets – Ken Owens – Owens has been named Scarlets captain for the 2016/17 season. The Carmarthen hooker will want his team to go one better this year, after the Scarlets just missed out on the playoffs last season, finishing 5th.Ulster Rugby – Andrew Trimble & Rob Herring – A shared captaincy for the Ulstermen’s 2016-17 campaign. Trimble is the most capped player in the Ulster squad with 206 appearances, whilst Herring has had experience of leading the side in Rory Best’s absence last season. The duo will hope that the addition of winger Charles Piutau and flanker Marcell Coetzee can bolster their team’s chances of a Pro12 title. Guinness Pro12Benetton Rugby – Alessandro Zanni – Alessandro Zanni will captain Benton Treviso for the 2016/17 season. His side will benefit greatly from the appointment of Marco Bortolami to the coaching staff.Cardiff Blues – Gethin Jenkins – The talismanic prop will captain Wales’ capital region for the 2016/2017 season. The Blues have played two pre-season fixtures, first losing to their Welsh counterparts Newport Gwent Dragons, before registering a victory over Bristol.Connacht Rugby – John Muldoon – After leading Connacht to their first ever Pro12 championship, John Muldoon returns to serve as his club’s captain, as Pat Lam’s men look to go back-to-back in the league. TAGS: Highlight For the latest Rugby World subscription offers, click here.
Please enter your comment! Share on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply The Anatomy of Fear TAGScarmagazine.co.ukCars Previous articleJenkins named to national education boardNext articleApopka Burglary Report and Map Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 How five of the coolest rides evolved from their plain beginningsfrom carmagazine.co.uk1. McLaren M6 GTThe F1 road car pushed the supercar bar so high it got a nosebleed, but it wasn’t McLaren’s first go at creating the fastest thing on four wheels. Work to turn the mighty M6 Can-Am car into a streetable weapon began in 1970, but only two M6 GTs were built before Bruce McLaren’s fatal crash at Goodwood that year.2. Dacia DusterRenault’s budget-but-brilliant Duster SUV deserves better than to be named after a gravely ropey Romanian off-roader from the 1980s. In the case of the tedious new Skoda Rapid though, we’d rather take the arse-engined original than that load of wheeled wallpaper paste.3. Nissan GT-RCar nuts still talk in hushed tones about the 1989 R32 Nissan GT-R as if it cured cancer in between reeling off 8min laps of the ’Ring. But 20 years earlier, in 1969, the first GT-Rs were a tad less sexy. They were a boxy race-winning saloon and coupe pair, powered by a twin-cam 2.0-litre six.4. Corvette C1The hideously un-American concept of a ’Vette without a V8 seems as likely as the hammer and sickle motif nudging the stars aside on Old Glory, but Chevy’s legendary small block was still on the drawing board when the original ’53 Corvette was introduced to the world. Back then the sole drivetrain was a slothful straight-six and two-speed automatic combo unworthy of astronautical patronage – but luckily there weren’t that many astronauts kicking around in 1953.5. Peugeot RallyeYou’ve heard of the 106 and 306 Rallyes, right? What about the 205 version? Brits got a 75bhp sham that was nothing but a bone stock car with some snazzy decals, but the proper left-hook-only Continental version featured a screaming 100bhp competition-homologated 1.3, plus GTi seats and arches and gearing shorter than Ronnie Corbett in a pothole.See the complete list here. You have entered an incorrect email address! Please enter your email address here Support conservation and fish with NEW Florida specialty license plate Please enter your name here
CAF renames ethical fund Charities Aid Foundation has changed the name of its two-year-old CAF Ethical Plus Fund to the CAF Socially Responsible Fund, to reflect more closely the scope and focus of its investments.Charities Aid Foundation has changed the name of its two-year-old CAF Ethical Plus Fund to the CAF Socially Responsible Fund, to reflect more closely the scope and focus of its investments. The term ‘ethical’ has been reserved for the avoidance of certain investments, and had different meanings for different people. The new name is designed to reflect the Fund’s objective which is to pursue a positive approach, seeking out investments which are socially responsible but which also offer good financial prospects. The Fund’s investment objective and policy have not changed. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Read Socially responsible fund for charities renamed at Charities Aid Foundation. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 16 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 15 January 2002 | News
Co-op’s dividend card raises funds for local groups AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Community fundraising Trading Howard Lake | 17 December 2003 | News Local voluntary groups can raise funds when their members shop at the Co-op.The Co-operative Community Dividend scheme has been set up by the national retailer to help voluntary groups receive donations from Co-op Dividend cardholders’ twice-yearly dividend payment. With over one million cardholders contributing to the scheme, it has already raised nearly £5 million for a wide range of community groups.For example, Caldercruix food co-op in Lanarkshire received a Community Dividend of £1,150 to run fun healthy eating projects. Hampton House in Northampton received a £500 Community Dividend Award to buy additional equipment for its Soundbeam music workshop project. One group in the Colchester and East Essex area received just under £300 accrued by just 13 members of their organisation. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 26 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Organisations may apply for grants of between £100 and £5,000. However, to allow as many groups as possible to benefit, grants of several hundred pounds are more common than maximum awards. Criteria for applying for funds are published on the Co-op’s Web site.You can pick up an application form in-store or download one from the Co-op’s Web site.The Co-op can help community groups in other ways. Local managers have discretion to give products as raffle prizes, although you will need a letter, on headed paper, about your community group explaining what you want the products for. Also nearly every Co-op food store has a customer and community notice board on which you can publicise your group and its events.
CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Business News The City Council’s efforts to pass hero pay failed on Monday with a 4-4 vote.The council needed five votes to pass the item which would temporarily raise hourly wages for local grocery store and pharmacy workers.But only Mayor Victor Gordo, Steve Madison, John Kennedy and Jessica Rivas supported the item.“All of the essential workers in the City deserve just compensation and a safe work environment,” said Felicia Williams, who opposed hero pay. “I am very concerned about price increases and potential store closures that could affect people who are struggling. As a City we need to consider everyone and should focus on providing financial support to businesses, renters, and others who need it. Our Health Department can also help vaccinate and enforce health orders to reduce the risk to essential workers.” Long Beach, Pomona, Montebello, Santa Ana, Costa Mesa, and Irvine have passed ordinances that pay these workers an additional $4 an hour.Los Angeles, Santa Monica and West Hollywood offer an additional $5 an hour.Pasadena has 15 grocery stores that are owned by large chains, including three Ralphs supermarkets and two Vons stores. About 50 percent of those stores are unionized.The city spent the last several days attempting to get information from the stores.Smaller supermarkets would not fall under the ordinance. The subject was raised by Councilmember Steve Madison during a recent City Council meeting.“Grocery stores have strived,” said Steve Madison, who introduced the item. “The intent would be to provide a short term mitigation to these workers who had to work in these intense environment during COVID.”City officials could not provide exact pay data for grocery store owners.In the council agenda, staff listed the average pay for grocery workers in California at about $17.50 – $18 per hour,” according to Monday’s agenda. “A $5 increase represents approximately a 28 percent increase.“I’ve witnessed businesses in my districts close, especially smaller businesses that are the heart of our economy, but I think it’s sending the right message,” said John Kennedy. “This is an opportunity for this council to step up.”Vice Mayor Andy Wilson opposed the ordinance pointing out that he supported a minimum wage increase for low wage earners.“I question the selective nature of the legislature,” Wilson said he was concerned about price increases. “I am somebody that can absorb the price increases, but I worry about the unemployed people.”Kroger Inc., which owns Ralphs and Food 4 Less supermarkets, said it will shutter at least five stores in Los Angeles and Long Beach after those cities enacted hazard, or “hero” pay ordinances for grocery store and pharmacy workers.The five stores include three Ralphs stores — one at 9616 W. Pico Blvd. in Los Angeles, another at 3300 W. Slauson Ave., also in Los Angeles, and another at 3380 N. Los Coyotes Diagonal, in Long Beach.“I struggle with it. I think a lot of businesses are struggling right now,” said Gene Masuda. “I’m not sure I am prepared to make an increase for a special group. I’m worried about higher prices for the residents.”Two Food 4 Less stores, one at 5420 W. Sunset Blvd. in Hollywood, and the other at 2185 E. South St., also in Long Beach, are also being targeted for closure.The company, which said the stores were “long-struggling” locations, said they will be closed on May 15.“Regardless of what we do there is going to be an impact and that is going to be how much bread cost, how much milk cost,” said Tyron Hampton.In an email to Pasadena Now on Sunday, John Votava of the Kroger Family of Companies, which includes Ralphs and Food 4 Less, has invested $2.5 billion to both reward associates and implement dozens of safety measures, including $1 billion for better secure pensions.“The company also continues to provide rewards for associates, including recently issuing $50 million in rewards to frontline associates. Since the start of the pandemic, Ralphs, Food 4 Less and all Kroger frontline associates have received seven rewards in the form of one-time cash payments, temporary hourly wage increases and store credits,” Votava said. 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Facebook Couple forced to flee their home in Derry after racist attack Google+ By News Highland – January 17, 2012 News Calls for maternity restrictions to be lifted at LUH Pinterest Previous articleSF Cllr claims he was verbally attacked at ‘Cant Pay Wont Pay’ meetingNext articleGAA – Jim McGuinness’ Reaction From Sundays Dr.McKenna Cup Defeat News Highland Need for issues with Mica redress scheme to be addressed raised in Seanad also Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published Facebook WhatsApp Police in Derry are treating an attack at a home in the city as a hate crime.Two men broke into a house in the Kilfennan estate just before 6 o clock yesterday evening in what has been described as racist attack.A 35-year-old woman was alone in the house at the time of the attack. She was not injured.The men damaged the front door of the house during the incident.SDLP MLA Mark H Durkan has spoken to the woman and said that she and her husband are too frightened to return to the house………..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/01/markh1pm.mp3[/podcast] Twitter Twitter Pinterest Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton WhatsApp