Colombian, Brazilian and U.S. Militaries Conduct PANAMAX Exercise with Partner Nations

first_imgBy Dialogo August 10, 2012 U.S. Army South along with armed and security forces from 17 nations are participating in the annual U.S. Southern Command-sponsored PANAMAX exercise, which is taking place simultaneously in several parts of the United States and Panama, from August 6-17. This multinational exercise brings together sea, air and land forces in a joint and combined operation focused on defending the Panama Canal from attacks by a fictitious violent extremist organization as well as responding to natural disasters and pandemic outbreaks in various locations. More than 50 Colombian military personnel travelled to Fort Sam Houston in San Antonio, Texas, and are leading the land component portion of the exercise for the second year in a row. Army South led this portion every year prior to 2011. Brazilian military forces are leading the maritime component portion for the first time this year. In addition to the Brazil, Colombia, and the United States, hundreds of participants from Argentina, Belize, Canada, Chile, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay and Peru will take part in the exercise. The Panama Canal is considered one of the most strategic economical infrastructures in the world. It is critical to the free flow of trade worldwide and the region’s economic stability is largely dependent on the safe transport of several million tons of cargo through the canal each year.last_img read more

October 1, 2004 Letters

first_img Letters Gay Adoptions After having read and responded to the initial article over the summer on the gay adoption issue, I am once again concerned at the content of the September follow-up article. As with the first publication, the reporter fails to take any interest in seeking opposing viewpoints to his obvious support for gay adoption. He instead takes great effort to quote only those who support his position.As the reporter seems to think, any dissent on this issue is based merely on a lack of education. Or the Bar itself has apparently not done enough to “educate its members.” Then it is a children’s rights issue, not a gay rights issue. Also, there are not enough people willing to adopt. The reporter even throws in a Martin Luther King, Jr., reference to anoint support of his position in the unassailable cloth of the civil rights movement. Wait, I thought this was only about the children’s rights?Regretably, this Orwellian spin machine of an article is itself a prime indication the matter is far too divisive a political issue for the Bar to take a position let alone to undertake lobbying efforts. And it is not enough merely to state that no mandatory fees will be utilized. The Bar is supposed to represent all its attorneys rather than seek to divide them along political, moral, or ethical lines.But in an effort to downplay the divisiveness issue, the author cites a quote that “the individual lawyer was not opposed to the position but thinks it will rile up other Bar members.” What exactly does this mean? Either he is saying there are no individual lawyers opposed to the Family Law Section’s position supporting gay adoption, or if there are any, then it is based solely upon a fear that other lawyers may be opposed. Who then within the Bar would be riled up? In other words, there is supposedly no dissent on this issue, and if there is any dissent, then it is entirely chimerical or based on a lack of education.Well, the undersigned dissents because a policy supporting gay adoption is wrong for many reasons. Not least of which being that the psychological well-being of children should not be sacrificed on the altar of social experimentation. With all due respect, maybe the reporter would like to quote me on that for his next article. Mitchell A. Meyers Raleigh N.C.I read with disappointment that the Family Law and Public Interest Law Sections will delay their request to lobby for the overturn of the ban on gay adoption, citing possible “divisiveness” within The Florida Bar on this issue.This “divisive” issue has already been endorsed by the American Medical Association, American Psychological Association, American Psychiatric Association, American Academy of Pediatrics, numerous child advocacy groups, religious groups, and Senate President Jim King, R-Jacksonville.Why? Because an entire class of Floridians are being treated as second-class citizens, while thousands of children languish in foster care while waiting for adoption. I gave up the hope long ago that The Florida Bar would ever be ahead of the curve on any issue, but I would at least hope that we wouldn’t be behind the curve on something as important as this. Patrick Howell Orlando“Gay adoption request sidelined for now” in the September 1 News was a disservice to the Bar. Instead of giving some useful information for evaluating the implications of gay adoption, it simply repeated the same old talking points of advocates of gay adoption — People are only opposed to gay adoption because they have not been properly educated on the issue; other professional associations support gay adoptions; and the state has too many children in foster care so we should allow gay adoption.None of those talking points address the issue of whether gay adoption will promote the best interests of children. Information that should be considered is empirical data about the well-being of children raised by homosexuals. What is the suicide rate of children raised by homosexuals versus that of children raised by married heterosexual couples? What about the rates of drug usage, criminal activity, sexual activity, disease, life expectancy, and homosexuality of children raised by homosexuals? Certainly, there must be reliable studies with information about the effect of homosexual parenting on children. I hope that this paper can devote some resources to disseminating such information.The Bar should not abdicate its responsibility to evaluate this issue on its merits simply because some other professional associations have decided to support gay adoption. We should consider carefully the implications of allowing gay adoption. There are many important questions we should be asking such as: Will gay adoption result in greater harm to children? Will allowing gay adoption reduce the number of children in foster care? Do gays adopt only foster children? Do gays adopt foster children at a higher rate than heterosexual couples? Is there a shortage of adoptive heterosexual couples for nonfoster care children? Will allowing gay adoption result in fewer nonfoster care children being adopted by married heterosexual couples? Please give the Bar some useful information on this important subject. Jerome Hurtak MiamiDeja vu all over again? Consider the following:• A discrete minority of American citizens is denied the equal application of our laws and protections;• After years of debate and social activism, critical mass is attained: courts decide that separate is not equal and laws begin to change to redress the problem;• Opposition to this change is fierce and wide-ranging, citing for its support everything from legal and historical precedent to religious teachings to the best interests of society in general (and children in particular) to personal repugnance.This scenario should sound familiar to anyone who lived through the ’50s and ’60s and, while the analogy is not perfect, there are more similarities than differences in the current controversy surrounding gay marriage and adoption. Opponents of the Civil Rights Act of 1964 could not envision a racially integrated society; a mere 40 years later few of them would care to admit it. I hope and trust that 40 years hence, it will be just as unthinkable to insist that any American should be denied the right to marry and adopt children. Nina E. Perry SarasotaI read the editor’s note to a letter in the September 1 News, wherein it states that the sections which are advocating gay adoption are voluntary sections and would use voluntary dues for lobbying efforts.The letter writer’s objection was not to money used for a position he disagreed with, but rather to the fact that a mandatory organization like The Florida Bar would take such a position, albeit in News’ opinion a voluntary section. Nonetheless it is The Florida Bar that would assume and lend its authority to this position.I too object to a mandatory organization taking a position I find repugnant on religious and social grounds. I have performed significant child advocacy pro bono work for 25 years (receiving a local award in Palm Beach County 1999 and an award from the Florida Supreme Court and the governor in 2002) and in my experience I believe that gay adoption would not be in the “best interests” of children as used in Florida Statutes. Moreover, my closely held spiritual beliefs are not in alignment with this position.Should the Bar allow advocation of gay adoption, not only would I object, but believe that a legal challenge may be in order. Mark Hektner West Palm Beach Lawyer AdvertisingI read with dismay that the Bar’s Advertising Task Force was considering whether to ban direct mail solicitations to criminal defendants within 30 days of their arrest date.As an attorney who has used such direct mailings for over 10 years, I can attest first-hand that the public benefits of the current rule far outweigh any potential for harm sought to be addressed by a rule change.During the thousands of free consultations conducted in response to my advertisement letter, I have enlightened defendants as to the seriousness of their charges; advised them of potential defenses and lack thereof; discussed strategies; quoted fees; estimated costs; given impressions on involved personalities; given comfort and innumerable bits of legal, practical, and human advice to all sorts of people accused of crimes, all presumed innocent, most of whom were in need of a voice they could trust. All were at no charge in response to my advertisement letter.Many recipients of my letter received other solicitations and responded to those also. This indicates that people are making an informed selection of an attorney based on more than just advertisements.Those who seek to change the rule might not give the public enough credit and assume that people are so easily swayed by clever lawyer advertisements that there can never be too much regulation. The result is that attorney advertisements all look similar and attorneys have an unfavorable, commonplace image.Rule 4-7.4 provides more than adequate safeguards to ensure that any potential for abuse is minimized, its extensive requirements need not be repeated here.While the 30-day limitation may or may not make sense in the personal injury context, crucial criminal proceedings occur within the first 30 days following an arrest. Attorney involvement is desirable immediately after an arrest. Pre-trial release, evidentiary preservation and “fast track” plea issues must be considered immediately.Many people who responded to my letter never realized that they could afford to hire a private attorney. They would have never known of the availability of an affordable payment plan and were planning on using a public defender before responding.Extending the ban on direct mail solicitations to 30 days would limit the amount of available information and choices to the public and would undoubtedly further strain our public resources. Louis N. Larsen Stuar t October 1, 2004 Letters October 1, 2004 Letterslast_img read more

Governor Wolf Signs Bill to Deter Texting and Driving

first_img Bill Signing,  Press Release Harrisburg, PA – Today, Governor Wolf signed “Daniel’s Law,” which enhances the penalties for an accident caused by texting while driving resulting in serious bodily injury or death.“I am proud to sign House Bill 2025 into law which enhances the penalties for distracted driving in Pennsylvania that results in a severe injury, or death,” said Governor Tom Wolf. “This behavior, which has been allowed to go under-punished for far too long, has been demonstrated to be just as dangerous as drunk driving. Distracted driving has fatal, irreversible, and grave consequences and by signing this bill, I hope to make our roads and highways safer for our citizens, and everyone using them.”“It is our hope Daniel’s Law will lead to safer roads by raising awareness of the serious consequences that can happen when you text while driving,” Representative Jaret Gibbons said.“I was honored to stand up for the Gallatin family when they came to me after suffering this horrible tragedy. While we cannot bring Dan Gallatin back, at least his family will know that through this law, his loss will help to save lives,” Gibbons said.This law is named for Daniel Gallatin, a father, grandfather, military veteran, and fireman of nearly 40 years who was killed in May of 2013 when his motorcycle was struck from behind by someone who was texting while driving.According the National Highway Traffic Safety Administration, 3,328 deaths were caused by distracted driving nationwide in 2012 and approximately 421,000 people were injured in accidents involving a distracted driver. Here in Pennsylvania, more than 14,800 crashes in 2015 were caused by this practice, resulting in 66 deaths. It is imperative that we make sure that our drivers are aware of the consequences of distracted driving to eliminate senseless deaths caused by this dangerous behavior.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf November 04, 2016 SHARE Email Facebook Twittercenter_img Governor Wolf Signs Bill to Deter Texting and Drivinglast_img read more

Foundation set up to pursue investor claims against VW in Dutch court

first_imgIt intends to do so by using the Dutch Collective Settlement Act, which allows a foundation, supported by representative investors, and a defendant company to petition the Amsterdam Court of Appeals jointly for approval of a settlement.If approved, investors that do not opt out receive payment, while the defendant receives a release of claims.  Investors that have opted out are free to pursue their individual actions.The Act can be applied to resolve securities claims of non-Dutch investors against a non-Dutch company.The court’s decision is enforceable throughout the European Union and several other European nations.The foundation, since its launch last week, has attracted a rapidly growing number of supporting investors, including some European pension funds, according to Anatoli van der Krans, senior adviser for European investor relations at Bernstein Litowitz Berger & Grossmann (BLBG), the US law firm financing the foundation.A San Francisco judge has already appointed BLBG lead counsel in the consolidated class action involving Volkswagen’s American depositary receipts in the US.But Germany, in contrast with the US, has no opt-out class action system, said van der Krans.He told IPE: “While there is an opt-in group model procedure – KapMuG – this is a lengthy process, does not solve all procedural aspects, and comes with a ‘loser pays’ rule.“Furthermore, any settlement will only apply to the group, not to all other investors.”The VISF’s board includes Huub Willems, the former president of the enterprise chamber of the Amsterdam Court of Appeals; Jean Frijns, former CIO at the civil service pension scheme ABP; Frans van der Wel, professor in accounting at VU University of Amsterdam; and Rob Okhuijsen, an expert in mass claim resolution and former board member of the Royal Dutch Shell Foundation.Investors can join at: http://volkswageninvestorsettlement.com.Meanwhile, third-party litigation funders Bentham have appointed lawyers Quinn Emanuel to pursue legal action against Volkswagen in Germany, using the KapMuG model process.They are currently putting together a list of investor plaintiffs.Jeremy Marshall, CIO at Bentham, said: “Dutch foundations are not the silver bullets they are portrayed to be. The danger is that investors are effectively in a subservient position – if VW says ‘You’re not getting anything out of us’, you’re stuck.”Marshall added: “With the certainty of litigation in Germany, it is hard to see how a defendant would come to a settlement with a Dutch foundation before that German litigation is itself compromised.” An independent entity – the Volkswagen Investor Settlement Foundation (VISF) – has been set up to pursue investors’ claims against Volkswagen in the Amsterdam Court of Appeals.The claims centre around revelations last year that the car manufacturer used “defeat device” software on thousands of diesel vehicles sold in the US, enabling them to violate emissions standards.The revelations provoked a collapse in the share price, with €25bn wiped off the company’s market capitalisation on German exchanges in two days.The VSIF is seeking compensation for economic loss on all Volkswagen securities, including equities and fixed income stocks, that were publicly traded outside the US, and purchased or held by investors worldwide between 23 April 2008 and 4 January 2016.last_img read more

TAQA files decommissioning plans for two North Sea platform topsides

first_imgThe North Cormorant platform facilitates production from the North Cormorant and Cormorant East Fields. Oil and gas imported from Otter is separated out and processed via the North Cormorant process facilities. Tern platform topsides; Source: TAQA Tern is a fixed Installation serving as a manned drilling and production facility for the Tern field, which lies within the East Shetland Basin of the UKCS in licence block 210/25. Under these plans, topsides of both these platforms will be removed onshore for reuse, recycling or disposal. The oil is then routed to Cormorant Alpha for onward transmission through the Brent Oil Pipeline System to Sullom Voe. The execution window for the North Cormorant topside decommissioning is at the earliest possible date in 2024 through to project completion in 2028. Tern field North Cormorant platform; Source: TAQA Associated gas, and gas imported from Tern Alpha, is exported through the Western Leg and the Far north Liquids and Associated Gas System (FLAGS) Pipeline to the St. Fergus terminal. Separated gas is distributed between the Tern, Hudson, Kestrel, Falcon and Cladhan facilities as fuel gas and lift gas, with any excess being exported via subsea pipelines to Hudson, Kestrel, Falcon, Cladhan and Otter facilities. The large steel jacket / sub-structure of the North Cormorant platform will be subject to a separate decommissioning programme. The North Cormorant platform is located in Block 211/21a in the UK Northern North Sea. The field was discovered in May 1974 by Shell / Esso with the platform installed in 1981 and production starting in February 1982. The large steel jacket / sub-structure of the Tern will be subject to a separate decommissioning programme. The Tern platform is located in Block 210/25 in the UK Northern North Sea. The field was discovered in May 1975 by Shell / Esso with the facility installed in 1988 and production started in February 1989. The execution window for the Tern decommissioning programme is at the earliest possible date in 2024 through to project completion in 2027. A CoP application for Tern has been prepared and was submitted to the Oil & Gas Authority (OGA) in 4Q 2019. The CoP date for Tern is currently anticipated to be in 4Q 2023. TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities. The North Cormorant is a fixed installation serving as manned drilling and production facility for the Cormorant North field, which lies within the East Shetland Basin of the UKCS in licence block 211/21a. A Cessation of Production application for North Cormorant is currently under preparation and will be submitted to the Oil & Gas Authority (OGA) in 3Q 2020. The CoP date is currently anticipated to be 4Q 2023. Oil from the Tern, Hudson (operated by Dana), Kestrel, Falcon and Cladhan fields is produced and exported from the Tern installation to North Cormorant through a 16-inch subsea pipeline, and then via the Brent Oil Pipeline System to Sullom Voe in the Shetland Islands. The installation is located in 167 metres water depth and consists of a four-legged, steel jacket substructure, anchored by piles to the seabed.last_img read more

NBA: Raptors extend streak to 15, Bucks rally past Kings

first_imgEric Bledsoe had 28 points as the Bucks rallied past Sacramento in the absence of Giannis Antetokounmpo Loading… Kyle Lowry added 27 points with 11 assists for Toronto while OG Anunoby had a career-high 25 points while hauling in 12 rebounds.Siakam’s points tally included 14 in the fourth quarter, a decisive contribution that helped lock down the victory for Toronto who have 40 wins against 14 defeats.Toronto’s win was made all the more impressive as it came after the late withdrawal of Serge Ibaka, who fell ill hours before tip-off. The Raptors were already without injured starter Marc Gasol.“I think these guys have proven enough that they can win,” Raptors coach Nick Nurse said afterward. “We’ve had a lot of injuries this year, but they just keep stepping up and playing and we’ve just gotten used to it.“You at least have to go out and give a great effort, give yourself a chance to win, and don’t let the other team play harder than you.”The Timberwolves were led by Karl-Anthony Towns with 23 points while D’Angelo Russell, who completed his move from the Golden State Warriors last week, added 22 points and forced a team-leading six turnovers.– Bucks, Lakers roll on – Siakam’s dominant display included six three-pointers as the reigning NBA champions overpowered a resilient Timberwolves side to cement their grip on second place in the Eastern Conference.# The Milwaukee Bucks meanwhile are a whopping 6.5 games ahead of Toronto at the top of the Eastern Conference after clinching their 46th win of the season on Monday.The Bucks overcame the absence of reigning NBA MVP Giannis Antetokounmpo – who skipped the game after the birth of his son earlier Monday – to rally past the Sacramento Kings 123-111.With Antetokounmpo out, Khris Middleton and Eric Bledsoe shouldered the burden of the offensive duties with each player finishing with 28 points apiece.Brook Lopez had 20 points while Wesley Matthews, Sterling Brown and Donte DiVincenzo all cracked double figures as Milwaukee improved to 46-7 with their fifth straight victory.Harrison Barnes led the Kings’ scoring with 23 points.Milwaukee were made to work hard for the win, overturning a 90-88 deficit at the end of the third quarter to pull away in the final period.Middleton was pleased with the way the Bucks dug out the victory in the absence of Antetokounmpo.“That’s what it’s all about,” Middleton said. “Who has the best team? We definitely feel like we got one of the best players out there. He wasn’t out there tonight but we still think we have one of the best teams in the league.“Teams may think they might be able to win when he’s not out there. But that’s what motivates us. To let them know we’re a complete team.”In Los Angeles, Anthony Davis had 25 points and 10 rebounds while LeBron James added 17 points as the Lakers breezed past the Phoenix Suns 125-100 to maintain their lead at the top of the Western Conference.Rajon Rondo added 23 points from the bench on a night when six Lakers players finished with double-digit points tallies.The Lakers improved to 40-12 for the season, three games ahead of the Denver Nuggets, who held on to second spot with a rollercoaster 127-120 win over the San Antonio Spurs.San Antonio looked to be cruising towards victory after opening up a 23-point lead in the third quarter.But a spirited Denver fightback which included a double-double from Nikola Jokic turned the game back in the Nuggets favor, with the home side pulling away to complete the win.Jokic finished the night with 19 points, 13 assists and eight rebounds while forcing five turnovers. Point guard Jamal Murray added 26 points while Paul Millsap had 22 off the bench.Raptors extend streak to 15, Bucks rally past Kingshttps://t.co/CmdIBjI1ao#FastbreakNews @pskills43@Raptors @Timberwolves @AFP pic.twitter.com/kuOlLkr7ZE— fastbreak (@FastBreakPHNews) February 11, 2020Read Also: Congolese teen Kuminga awaits his chance at NBA stardomIn Dallas, Tim Hardaway Jr had 33 points and Kristaps Porzingis added 28 but it was not enough to stop the Mavericks sliding to a 123-119 loss to the Utah Jazz.The Mavericks, missing the injured Luka Doncic, fell to 32-22 while Utah improved to 35-18 to remain in fourth spot in the Western Conference.FacebookTwitterWhatsAppEmail分享 Pascal Siakam scored 34 points as the Toronto Raptors shrugged off their injury problems to extend their winning streak to 15 games on Monday with a 137-126 defeat of the Minnesota Timberwolves.Advertisement Promoted ContentThe Highest Paid Football Players In The World10 Awesome TV Series That Got Cancelled Way Too SoonThe Models Of Paintings Whom The Artists Were Madly In Love WithThe Very Last Bitcoin Will Be Mined Around 2140. Read MorePortuguese Street Artist Creates Hyper-Realistic 3D Graffiti14 Hilarious Comics Made By Women You Need To Follow Right Now7 Ways To Understand Your Girlfriend Better6 Incredibly Strange Facts About HurricanesBirds Enjoy Living In A Gallery Space Created For ThemWho Is The Most Powerful Woman On Earth?Insane 3D Spraying Skills Turn In Incredible Street ArtBest & Worst Celebrity Endorsed Games Ever Madelast_img read more

Steve McClaren working hard to turn Newcastle’s season around

first_img The 54-year-old has endured an intensely difficult first six months at the St James’ Park helm and heads into 2016 with the club sitting inside the Barclays Premier League relegation zone two points from safety at the halfway stage in the campaign. He has endured tough times before during his managerial career, most notably during his early years at Middlesbrough and later as England boss and while he is not enjoying the current situation, he insists he can cope with it. Steve McClaren admits he is frustrated, annoyed, angered and disappointed by the start to his reign at Newcastle. McClaren said: “I’ve been here before and I still don’t like it – I never liked it before and I still don’t like it now. It frustrates, annoys, angers, disappoints – but it’s no good doing nothing about it. “We’re working hard to change things and we’ll keep plugging away. Really knowing the people behind the scenes, they’re different to some other places, the people behind the scenes who can’t see the light at the end of the tunnel. “But the people here are the kind of people who really want to make a success of this. There’s a lot of hard work going on behind the scenes which you probably can’t see and which isn’t necessarily showing, but hopefully in the second half of the season it will show.” McClaren takes his side to leaders Arsenal on Saturday knowing things could get worse before they get better, but still convinced that he will turn the club around and ensure its continued presence in the top flight. He said: “I never become a pessimist. I’m surrounded by good people, good staff. We have always said it would be difficult. The evidence says that work needs doing. “Everyone knew that at the beginning and certainly everyone knows that halfway through. All I can say is we are prepared to do the work. We are going to stick it out and fight.” If McClaren and his players have found themselves in the firing line, so too have owner Mike Ashley and managing director Lee Charnley for their stewardship of the club, although McClaren is adamant they are all pulling in the same direction. He said: “Absolutely. They’ve been here longer than me. They know it better than me. They’re working extra hard too.” center_img Press Associationlast_img read more

July Deadliest Month for Lightning Strikes

first_imgAccording to the National Weather Service: “It’s beautiful and stunning, but it can be very dangerous,” Proudfit said. “Lightning can be detected 10 miles away from its rain source. If you hear it, take cover. Don’t get under an awning. Get under a hard-surface roof.” The deadliest month for lightning strikes is July with an average of nine deaths according to NOAA data over the past decade.June and August are second deadliest with five deaths each on average.Across the U.S. during that 10-year period, 272 people died because of lightning, according to the NOAA.Statewide over a decade from 2008-2017, Florida ranked No. 1 with 47.That’s more than double the deaths as the second deadliest state, Texas, which had 20, and that state is four times the size of Florida.On the home front, lightning strikes have already hit many people but so far none was fatal.Seminole County ranks No. 1 in the nation for cloud-to-ground lightning with 17.3 strikes on average per square kilometer in 2018, according to a company that specializes in lightning detection for the National Weather Service. Orange County was No. 2 in the nation with 15.6 strikes per square kilometer.#LightningStrikes: Lightning is believed to the source of this 6/25 apartment complex fire, which impacted 24 units. Thankfully no one was hurt and crews rescued one Dalmatian. If your home is struck by lightning- call 911, get people and pets out, have working smoke alarms. pic.twitter.com/dfhHsNfLwe— OCFire Rescue (@OCFireRescue) June 26, 2019last_img read more

The Latest: Pacers’ Oladipo to sit out restart of season

first_imgThe school says it has tested 164 athletes and recorded 16 positives, including 12 football players. It says 45 athletes are currently in quarantine across all sports. “When we welcomed our young men back to campus a couple of weeks ago for voluntary workouts, even with the policies and procedures in place to try and protect them from becoming infected with the virus, events outside of our control has made the decision to pause these workouts necessary,” coach Les Miles said in a statement.The school says the other teams with athletes back on campus will continue their voluntary workouts.___New Jersey’s premier thoroughbred track is scrambling to follow capacity limits set by the state as it prepares for its opening night of racing. The Latest: Pacers’ Oladipo to sit out restart of season Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The Indiana Pacers will finish this season without Victor Oladipo after the two-time All-Star decided to sit out because of the risk of re-injuring his right knee. Manager Dave Martinez said depth catcher Welington Castillo was uncomfortable playing because he has young children. He joins first baseman Ryan Zimmerman and pitcher Joe Ross among those deciding not to play for the defending World Series champions.The 33-year-old Castillo played last season for the Chicago White Sox and then joined the Nationals as a backup option.___Indians outfielder Delino DeShields Jr. has tested positive for the coronavirus and is being quarantined from his teammates.Chris Antonetti, the team’s president of baseball operations, said DeShields tested positive before coming to Cleveland. The Indians held their first workout at Progressive Field on Friday. The second player’s identity was not released by the team. Heat guard Derrick Jones Jr. tested positive for coronavirus last week and has been working through the NBA protocols on a return-to-play plan.— AP Basketball Writer Tim Reynolds in Miami.___Toronto FC pushed back its departure to Florida for the MLS is Back Tournament to Saturday, saying more time is needed to complete pre-travel COVID-19 testing.The MLS team had been scheduled to leave by charter Friday. Toronto opens the World Cup-style tournament on July 10 against D.C. United. Antonetti said DeShields is doing well and has only had “very mild symptoms” at this point. He’ll have to twice test negative before he’s permitted to re-join the ballclub.The 27-year-old DeShields spent the past five seasons with Texas. He was acquired by the Indians in the offseason trade that sent two-time Cy Young Award winner Corey Kluber to the Rangers.___The Sept. 12 football game between Lafayette College and Navy has been canceled.Lafayette informed the Naval Academy that it cannot bring its football team back to campus in time to meet medical advisory guidelines established by the FBS. Navy is seeking to fill the date with another opponent.___The Green Bay Packers are optimistic they will have fans at Lambeau Field this season, but they note that seating capacity would be cut significantly and spectators must wear face coverings.The NFL club also acknowledges the “possibility that Lambeau Field will be unable to host fans for games this season” because of the pandemic. Training camps across the league are to begin in mid-July.Reduced seating capacity means the Packers can’t guarantee that ticket holders in the general bowl and club seats will be able to reserve tickets. Season-ticket holders will be asked if they want to be part of a process allowing them a chance to reserve tickets. Soccer has resumed around much of Europe in empty stadiums. The Champions League is scheduled to be completed in August at a mini-tournament in Portugal.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sportscenter_img Oladipo played in 13 games before the season was suspended by the COVID-19 pandemic. He was averaging 13.8 points, 3.2 rebounds and 3.0 assists while shooting 39.1%, and appeared to be rounding into form.His contract expires after next season.“His future health is the No. 1 priority and we look forward to having him back at full strength for the 2020-21 season,” Pritchard said. “This is not a unique situation for our team, playing without key players like Victor and Jeremy Lamb. This team has shown great resolve in responding to adversity and we fully expect this will be no different. We remain excited about what they can accomplish in Orlando “___San Francisco Giants minor league right-hander Luis Madero has tested positive for the coronavirus, manager Gabe Kapler said Friday after the team’s first workout. Earlier this week, Oladipo told reporters he was still debating whether to join his teammates in Orlando. “We totally respect and understand Victor’s decision to not play in the restart of the NBA’s season,” Pacers president of basketball operations Kevin Pritchard said Friday in a statement. “The first priority for our players is, and always will be, their health, whether that be physical or mental health. Victor has looked great in workouts, but the timing of the restart and lack of 5-on-5 activity makes it difficult to for him to commit to playing at the high level he expects with regards to further injury.”On Wednesday, coach Nate McMillan said he anticipated having Oladipo in the NBA’s “bubble,” working out with his teammates and a final decision would be made at a later date.But Oladipo didn’t wait that long.After spending almost a full year rehabbing his right quadriceps tendon, the guard returned to the court Jan. 29. July 3, 2020 Monmouth Park is scheduled to present a six-race card Friday night. Track officials said in an afternoon statement that no more than 500 people would be allowed in certain areas, but added that information on a final capacity number would be released later in the day. The Asbury Park Press reported the track had submitted a plan to the state to allow roughly 16,000 people in the track’s outdoor areas, but the plan was not approved. The track has hosted as many as 60,000 for the Haskell Stakes, its signature event. Monmouth Park’s sports book will open but be restricted to 25% of normal capacity. All visitors to the track or sports book will be required to wear a mask and be given a brief health questionnaire.___A third Washington Nationals player has decided to opt out of playing this Major League Baseball season because of concerns about the coronavirus. Those who opt out can have their 2020 payment refunded in full or credited to 2021.___The Latvian soccer federation says its national team will play a postponed friendly at Montenegro on Oct. 7.The match in Podgorica was originally scheduled to be played March 26 but was called off because of the coronavirus pandemic.The Baltic News Service reported the new date. The New York Red Bulls also delayed their Friday departure, saying a staff member had produced an inconclusive COVID-19 test result. The Red Bulls said they would reschedule their flight once all the test results were confirmed. Six players from FC Dallas and one from Columbus Crew SC have already tested positive in the Sunshine State. They have been isolated and are receiving care while the other members of their delegations are in quarantine pending more testing.Major League Soccer had required teams to arrive in Florida no later than a week before their first game at the tournament, which runs July 8 to Aug. 11 at Disney’s Wide World of Sport Complex in the Orlando area. But issues with test results have caused several delays.___Kansas has suspended its voluntary football workouts because of an increase in positive COVID-19 cases in the program. Star catcher Buster Posey was away from camp on the first day to handle a personal issue, Kapler said. Posey could be back by Saturday. “He has tested negative, I just don’t want that to be a concern at all,” Kapler said. “I don’t expect Buster to be far behind.”___A person with knowledge of the situation says that the Miami Heat have closed their training facility after a second player tested positive for coronavirus.The Heat will have players at the arena over the coming days to satisfy their NBA-mandated testing requirements but will not reopen the gym for individual workouts before leaving for the Disney complex near Orlando on Wednesday, said the person who spoke to The Associated Press on condition of anonymity because no details were announced.last_img read more

Kambi confident that strengthened commercial pipeline will overcome current trading woes

first_img Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships.Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its year-to-date trading.Despite the firm’s positive revenue momentum, Kambi continues to be affected by lower operating margin declines due to adverse sporting results recorded across its client portfolio. A lower group operating margin of 7% (2016: 21%), would see Kambi declare a period operating EBIT of €1.1 million (Q3 2016: €3.1 million).Closing its Q3 2017 trading period, Kambi governance would declare group profits (after tax) of €800,000 (Q3 2016: €2.7 million).Detailing operational highlights, Kambi governance stated that the firm continues to strengthen its commercial pipeline adding new regulated ‘teir1 clients’ to its portfolio including Colombia’s Corredor Empresial and Bulgaria’s National Lottery operator which has launched 7777.bg with Kambi as lead platform supplier.As the firm expands its commercial footprint and secures further platform supplier contract renewals with LeoVegas and Paf, Kambi CEO Kristian Nylén states that his firm has the capabilities to deliver long-term growth its current downturn.Kristian Nylén Kambi CEO commented on Q3 2017 corporate performance “In many ways, Q3 could be viewed as a springboard quarter for Kambi. I’m pleased to report Kambi was able to continue its progress, with operator turnover rising 16% year-on-year versus a period which included the final stages of Euro 2016 and the Olympic Games.“Furthermore, this growth was delivered in the context of an unusually high operator margin of 7.5%, and means our margin for the first nine months of the year is 6.6% – a figure which falls within our projected annual range of 6.5-7%. This strengthens our belief that while margins will fluctuate due to the outcome of sporting events, we don’t see any long-term trends that suggest any continued downward pressure.”“The period saw us face a particularly tough revenue comparative in terms of both an equally strong trading margin in Q3 2016 and the impact of the 888sport contract renewal. Despite these factors, we still managed to post revenues on a par with Q3 last year.”“I’m pleased that I can once again say we have signed a new partner, this time in the shape of Bulgaria’s National Lottery, the country’s largest privately-owned gaming operator. This represents the seventh consecutive quarter in which Kambi has added a new customer. We will provide National Lottery’s online 7777.bg brand, a market leader in gaming products, with our Sportsbook. Kambi is delighted to have been chosen by National Lottery and we expect to launch during the current quarter.” Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 Kambi and DraftKings agree on final closure terms July 24, 2020 StumbleUpon Related Articles Submit Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 Share Sharelast_img read more