Month: August 2020

Cruise tourism in Jamaica expands to Port Antonio

first_imgThe boutique-like, rustic, off the beaten path eco-tourism friendly nature of Portland gives it a unique advantage. With several calls scheduled, including three next month, Jamaica’s Minister of Tourism, Hon. Edmund Bartlett yesterday said that recent and continued efforts to get cruise ships into Port Antonio are bearing fruit.He was speaking yesterday at an official plaque exchange event on the MS Insignia Cruise Ship at the Ken Wright Pier in the Noel Flynn Marina, Port Antonio, Portland.The ship, with approximately 650 passengers, arrived at around 7 a.m. and departed at 6 p.m. Despite persistent rainfall, many passengers disembarked and went on organized tours around Portland and or walked the streets of Port Antonio.Port Antonio’s unique advantageMinister Bartlett, in the company of the Mayor of Port Antonio, Councillor Paul Thompson, tourism officials and stakeholders pointed out that, “The boutique-like, rustic, off the beaten path eco-tourism friendly nature of Portland gives it a unique advantage.We are tightening coordination with the Tourism Ministry’s JAMVAC, TPDCo, TEF, JTB, the newly formed Destination Assurance Council and of course the Port Authority of Jamaica, the Parish Council and other stakeholder interests to better accentuate the look and feel of the Portland and drive more tourist traffic. Some work is already being done but we have a lot more to do.”One of the world’s most beautiful places Ship Captain, Maroje Brajcic thanked Bartlett and stakeholders for their hospitality and said that Port Antonio is one of the most beautiful places in the world and further noted that the ship is to call again in the town next month.Senior Advisor and Strategist, Delano Seiveright noted that the ship’s call is in line with a lot of work culminating at the largest cruise industry gathering, the Seatrade Global Cruise convention in Fort Lauderdale in March of this year.“Minister Bartlett, Ian Dear and other officials were busy pushing Port Antonio with the most Senior Executives of Cruise lines around the globe and highlighted its unique position as lush, uncrowded and rustic option for smaller vessels.“Included in calls next month is the primarily German speaking Europa ship, which for many years was awarded best cruise ship in the world by the Berlitz Cruise Guide,” he said.An hidden gemAlthough branded as a hidden gem, Port Antonio took its place as an attractive tourist destination early in the game. Hotels started going up after the Jamaica Hotels Law was passed in 1890 with one of the most famous being Titchfield, which became a Port Antonio landmark.The MS InsigniaFollowing a multi-million US dollar transformation, the MS Insignia, has a capacity of 660 passengers and 397 crew and boasts teak, custom stone and tile work, and lounges, suites and staterooms with luxurious, neo-classical furnishings.The MS Insignia is part of the Miami, Florida headquartered Oceania Cruises with a fleet consisting of elegant mid-sized ships with distinctive itineraries that call on marquee, boutique and off the beaten path ports.last_img read more

Commissioner Holness adamantly supports ban on ARs

first_imgMeanwhile a Florida coalition including, the Florida Coalition to Prevent Gun Violence, and the League of Women Voters of Florida issued a statement on Monday, denouncing any  the bill (SB 7026) passed by the Florida Senate that includes a provision to arm public school officials as way to defend against a mass shooting. The Coalition expressed opposition to “arming people in our schools that are not School Resource Officers (SROs), whose ONLY job is to protect the school, will not properly protect our schools and will ultimately cost more money in the long run.”Senate Daphne Campbell vote against billHaitian American Florida Senator Daphne Campbell, a Democrat, voted against Senate Bill 7026. She said  she heeded the calls from her constituents in voting against the bill, which she called, “a horrible blow to schoolteachers, students and families across the state of Florida…..It’s unconscionable that rather than talking about things like teacher raises and more funding to help prevent bullying in our public schools, we’re being asked to back armed teachers and diverting public school funding – neither of which I can accept.”Robert Runcie, the superintendent of the Broward County School District also opposes arming teachers and other school personnel with guns. He said the District has a zero-tolerance weapons policy, emphasizing the District take weapons infractions very seriously, “and there are no exceptions.”_________________________________________________ Broward County Commissioner, Dale Holness Broward County Caribbean-American Commissioner Dale V. Holness is adamant that action should be taken to ban assault rifles in Florida and nationally.Reacting bluntly in an interview with CNW, Commissioner Holness asked, “Why do we needs ARs in the society? America is not at war. America is not at risk at being invaded by a foreign force as back in the 18th century.”When 2nd Amended was ratified there were no ARs.He said he’s wary of those who support the general sale and use of ARs turning to the 2nd Amendment in the US Constitution to defend their argument. “The 2nd Amendment do support the right for every American to bear arms. But amendment was ratified in 1791.  Its main purpose was to assure people could protect themselves against counter invasion by foreign forces. But, perhaps the most dangerous weapon at the time was a musket, which one fired once, and reloaded. Certainly, the founding fathers did not envisage a rifle that could shoot over a hundred bullets with one pull of the trigger. An AR is a weapon of modern war, and a weapon of murder that should be banned from our society.”He cited a vote taken last week by the Broward County Commission to ban the assault rifle but believes the ultimate effectiveness against the sale and legal use of these rifles rest with the Florida Legislature.Florida Legislature vote against banning ARsHowever, over the past weekend although the Florida Senate met in an all-day Saturday session, and initially adapted a motion to ban assault rifles, the motion was later defeated.Power to change lies with the people“That was very disappointing,” Holness said. “But the power to ultimately ban these deadly weapons rest in the people. The Florida Legislature may be controlled by the NRA, and related lobbyists, but the people need to turn out in droves to vote against anyone who takes money from the NRA or NRA lobbyists. The people are more powerful than the NRA, and the people should use this power.”As an elected official Holness says he wants to see: a comprehensive ban on assault rifles; ban on access to guns by the mentally ill, those on ‘no-fly’ lists, and to young people age-18 and under. He also says he’s “fundamentally” against any proposals that allows school personnel to have guns in schools. “I only support law enforcement having guns on school campuses.”“But I must reiterate the call for banning ARs. These weapons are more lethal than weapons carried by law enforcement. Why should we allow citizens to bear arms more powerful than the arms generally borne by law enforcement officers?”Florida coalition against arming school personnellast_img read more

IDB provides funds to improve drinking water, sanitation services in Haiti

first_imgThe Inter-American Development Bank Headquarters in Washington, D.C. The Inter-American Development Bank (IDB) says it is providing a US$125 million grant for the water, sanitation and hygiene project in urban, peri-urban and rural areas in Haiti’s northernmost region.The Washington-based financial institution said that the project’s main goal is to improve living conditions in Haiti’s “Big North” through a series of steps.It said these include strengthening the sector’s regulations, as well as the technical and commercial management of the so-called technical exploitation centers.In addition, the IDB said the project will improve drinking water, sanitation and hygiene services for urban and rural homes, and promote basic hygienic habits.The program will be implemented by the National Drinking Water and Sanitation Bureau (DIREPA, after its French initials) through the Regional Office of the Northern Water and Sanitation Department (OREPA-North).In particular, it will help strengthen DINEPA structures in northern Haiti.“The program will benefit some 205,000 homes in Gonaïves, Cap-Haitien and other cities in the northernmost region, providing them with safe drinking water, as well as quality sanitation and hygiene services,” the IDB said.It said an additional 45,000 rural households will get drinking water, and basic sanitation and hygiene services.last_img read more

Buju gets permit to perform in Bermuda

first_imgBuju has served mandated period of incarceration“As it relates to Mr Myrie’s particular situation, he has served his mandated period of incarceration, and has publicly said that he wishes to use his personal experience of incarceration as a way to uplift, motivate and help others,” Caines said.Supports personal rehabilitationCaines said his ministry backed “any type of personal, rehabilitation, redemption and social commitment, particularly as we ourselves engage with at-risk young people on a regular basis”.He added that Banton has been granted permission to perform in Trinidad and Tobago, Grenada, Guyana, the British Virgin Islands, St Kitts, the Netherlands, Belgium, the Bahamas, Suriname, France and Germany.“Due to Mr Myrie’s conviction and imprisonment in excess of two years, he must receive permission from the minister responsible for immigration to be allowed to perform in Bermuda.“Ultimately, we believe that if given the opportunity to perform in Bermuda, Mr Myrie’s performance will have an exceedingly positive effect on our community. I believe that Buju Banton is a musical, social and cultural icon whose message of unity, redemption and love make his immigration circumstances rare and exceptional.”Banton attracted criticism for his song Boom Bye Bye, written when he was 15 and released in 1992, called for the murder of gay men. He has since removed the song from his repertoire and from sites he has control over and apologised for the “pain” it had caused.Caines said he was “keenly aware of the sensitivities” regarding some of the artist’s music recorded decades ago, but said that the social positives of the singer’s visit outweighed any negatives.The Royal Gazette newspaper said the news came as the organizers of Unity Festival Bermuda, the promoters of the Banton concert, said it had contacted gay rights group Out Bermuda in an attempt to heal divisions in Bermuda.Seeking island-wide unity“We are calling for island-wide harmony for this event and we hope that our patrons come in the spirit of inclusion and love that Buju has made his new mantra,” a spokesman said.“Violence, hatred, vengeance, and trauma have thrived in our small island for far too long. It’s time to close the wounds of the past and allow healing to happen. With this in mind, the organizers of Unity Festival Bermuda have opened a dialogue with OutBermuda in hopes that redemption for the trespasses of the past is possible within these shores,” the spokesman added. HAMILTON, Bermuda, CMC  — Bermuda’s National Security Minister Wayne Caines has granted Jamaican reggae star, Buju Banton, permission to perform in Bermuda, despite a well-publicized drugs conviction in the United States.Caines said he had decided to allow the 45-year-old singer, whose real name is Mark Myrie, to visit and perform in the island. He last performed in Bermuda 12 years ago and is scheduled to appear on August 17 at Bermuda’s National Stadium.Banton was released from a US prison last December after he served eight years of a 10-year sentence for conspiracy to import cocaine.“As the Minister of National Security, which includes responsibility for police, customs, corrections, fire and immigration, I am keenly aware of the challenges that result from the misuse of drugs.last_img read more

West Brom Completes Gareth Barry Signing from Everton

first_imgWest Bromwich Albion have completed the signing of former England international Gareth Barry on a one-year deal for an undisclosed fee.Barry rescinded the chance to re-sign with Everton, deciding to continue his Premier League journey at the Hawthorns.The veteran, with 628 Premier League matches already under his belt will be hoping he gets the five games required for him to surpass Ryan Giggs (632) as the Premier League’s all-time record appearance maker.Welcome to the Albion, Gareth Barry!#WBA— West Bromwich Albion (@WBA) August 15, 2017West Brom will be his fourth Premier League side after previously playing for Everton, Manchester City, and Aston Villa where he spent most of his career.“I want to come and help the team. That’s always been the same for me wherever I have played.“I want to help the team improve, work hard and hopefully add quality.”The 36-year-old becomes Tony Pulis’ 4th signing of the transfer window joining Jay Rodriguez, Ahmed Hegazi, and Chinese international Yuning Zhang, who joined on a two-season loan from Werder BremenRelatedWest Brom Completes The Signing Of Kieran Gibbs From ArsenalAugust 30, 2017In “England”Semi Ajayi Joins West Brom After Missing Out of Super Eagles AFCON 2019 SquadJuly 20, 2019In “England”West Brom Appoint Pardew As New ManagerNovember 29, 2017In “England”last_img read more

Online taxes to rise as FOBT stakes slashed to £2 despite evidence

first_img Betfred counters Oppenheimer bid in race to rescue Phumelela August 26, 2020 StumbleUpon Submit The government has rejected advice from the Gambling Commission and the Responsible Gambling Strategy Board (RGSB) and cut stakes on B2 Gaming Machines – FOBTs – down from £100 to £2. The announcement was made this morning by DCMS minister Tracey Crouch and could have wide repercussions for the retail betting industry, horseracing and online gaming operations.Both William Hill CEO Philip Bowcock and Betfred CEO Fred Done has warned that half of their betting shops are likely to close with the measure and research by KPMG has estimated a £2 limit would cut revenue for the Treasury by £1.1bn over three years, an annual loss of £45m to local authorities and £50m to British racing.In order to cover any negative impact on the public finances, and to protect funding for vital public services, this change will be linked to an increase in Remote Gaming Duty, paid by online gaming operators, at the relevant Budget.The slashing of the stake has been justified as a move to ‘reduce the risk of gambling-related harm’ despite extensive studies showing that this measure in isolation will be ineffective. The move comes off the back of a fairly unrobust consultation which could well be open to a judicial review by the industry, should it wish to push that forward.The government wants to reduce the potential for large losses on FOBT machines and the risk of harm to both the player and wider communities. Following analysis of consultation responses and advice from the Gambling Commission, the government said it believes that a cut to £2 will best achieve this.The Gambling Commission has also been tasked to take forward discussions with the industry to improve player protection measures on B1 and B3 category machines, looking at spend and time limits.DCMS Secretary of State Matt Hancock said:  “When faced with the choice of halfway measures or doing everything we can to protect vulnerable people, we have chosen to take a stand. These machines are a social blight and prey on some of the most vulnerable in society, and we are determined to put a stop to it and build a fairer society for all.”Minister for Sport and Civil Society Tracey Crouch said: “Problem gambling can devastate individuals’ lives, families and communities. It is right that we take decisive action now to ensure a responsible gambling industry that protects the most vulnerable in our society. By reducing FOBT stakes to £2 we can help stop extreme losses by those who can least afford it.“While we want a healthy gambling industry that contributes to the economy, we also need one that does all it can to protect players. We are increasing protections around online gambling, doing more on research, education and treatment of problem gambling and ensuring tighter rules around gambling advertising. We will work with the industry on the impact of these changes and are confident that this innovative sector will step up and help achieve this balance.”In addition to the reduction to FOBT stakes the government has today confirmed:The Gambling Commission will toughen up protections around online gambling including stronger age verification rules and proposals to require operators to set limits on consumers’ spending until affordability checks have been conducted.A major multi-million pound advertising campaign promoting responsible gambling, supported by industry and GambleAware, will be launched later this year.The Industry Group for Responsible Gambling (IGRG) has amended its code to ensure that a responsible gambling message will appear for the duration of all TV adverts.Public Health England will carry out a review of the evidence relating to the public health harms of gambling.As part of the next licence competition the age limit for playing National Lottery games will be reviewed, to take into accounts developments in the market and the risk of harm to young people.Changes to the stake will be through secondary legislation. The move will need parliamentary approval and we will also engage with the gambling industry to ensure it is given sufficient time to implement and complete the technological changes.September’s Betting on Sports conference will be looking at the situation in the Betting on Retail track at a session entitled: New Reality – Adapting to the post-FOBT landscape. It will ask: With the FOBT stake level being drastically reduced, what options are there for UK LBOs to replace that income? Will B3 profile games take the strain? What is in the pipeline? For more information click here. Related Articles SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Share Share UKGC launches fourth National Lottery licence competition August 28, 2020last_img read more

Paul Marcantonio – ECOMMPAY – Pairing automated risk management with the human factor

first_img Submit Share Paul Marcantonio, ECOMMPAYAs technology advances, unscrupulous individuals are using increasingly inventive means to achieve financial gain. So, what’s next for online merchants who depend on payment security? Paul Marcantonio, Head of UK/Western Europe at ECOMMPAY, thinks he has the answer.Fraud, or attempts to defraud, are unavoidable. Where there is profit from successful business operations, there is the risk of fraudulent activity. As technology advances, the rapidly expanding e-Commerce industry becomes more of a target for modern day criminals.Let’s be clear, online merchants depend on payment security for their livelihoods. Without effective risk management, they face substantial financial losses, not to mention fines and reputational damages.Most payment service providers offer automated security systems as part of their payment solutions, engineering proprietary risk management solutions to defend against fraudulent activity without compromising client conversion rates.However, there is a growing demand for a comprehensive and well-rounded, yet ultimately individual and bespoke, service for e-Commerce merchants.Successful risk management relies on the combination of automated anti-fraud system capabilities and the manual monitoring of suspicious activity, in which analysts can immediately recognise unauthorised transactions, as well as any patterns suggesting a targeted attack.The key is to be preemptive, not reactive to security concerns. Though automation plays a significant role in negating risk, the importance of manual monitoring cannot be overstated.This takes us to the hallmark of ECOMMPAY’S FraudStop risk management system – the human factor, which provides added benefit by identifying fraud patterns and consulting clients on best practice.Over the past year, considerable resources have been dedicated to enhancing FraudStop’s capabilities. Tech-savvy risk analysts, working in tandem with software developers, successfully engineered the automated system to apply machine learning to the scoring principle, which assigns a predetermined weight to each transaction variable.Following a consultation to determine client objectives and business specifications, it is the members of ECOMMPAY’S Fraud/Chargebacks Monitoring Division who dynamically adapt existing FraudStop filters or, if necessary, create new ones to address merchant requirements. They then carefully monitor performance, adjusting where necessary.An example of the division’s success? FraudStop’s transaction scoring module flagged suspicious activity based on geolocation and transaction sums. Risk analysts then recognised the transactions as fraudulent, resulting from credit card theft related to a data breach in a large North American bank. Immediately ECOMMPAY was able to return funds for 170 illegal transactions worth up to $180,000.Another recent case demonstrated the importance of the human factor in detecting patterns of fraudulent activity. The team’s manual monitoring identified a notorious fraudster, who tried to register 20 different user profiles in an attempt to use stolen credit cards. Quickly recognising and negating the threat saved ECOMMPAY’s client from significant financial losses.The secret to effective risk management is ensuring that an automatic security service is complemented by manual transaction monitoring by highly experienced risk analysts. In ECOMMPAY’s case, this combination not only keeps the fraud detection rate above 97% but has also led to a 75% decrease in declined transactions, ensuring merchants collect maximum profits while safeguarding security.So, while fraud is unavoidable, it is certainly preventable. Share StumbleUponlast_img read more

Digital Sport unveils partnership with Sportradar

first_img Share David Lampitt, Sportradar: F1 presents betting’s most sizeable opportunity August 14, 2020 StumbleUpon Sportradar combats social media abuse with player protection solution August 17, 2020 Submit Related Articles Share Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 UK sports business publisher Digital Sport has united with sports data analysis company Sportradar, in order to bring cutting-edge events to industry professionals in central London this autumn.With the business of sport becoming increasingly global and interconnected, the newly formed partnership has emphasised the importance of organisations within the sector learn from each other to the benefit of everyone. Together, Digital Sport and Sportradar will bring a series of insightful events to industry professionals in a relaxed setting in the heart of London. Aiming to answer questions and stimulate discussions about key topics the industry will have to face in the near future, the series will feature a host of speakers from key organisations within the sector and bring together the diverse strands of the industry at large.David Lampitt, Managing Director, Group Operations, Sportradar, commented: “The sports media industry is one that’s constantly evolving and changing so it’s vital that all stakeholders continue to discuss, evaluate and engage with emerging trends alongside their peers. We’re looking forward to working with Digital Sport to provide a platform for these discussions as well as producing a series of thought-leadership pieces.”In October, Sportradar and Digital Sport will explore what the rise of US sports in the UK means for the industry. In November, the series will move on to the new appetite for live-streaming and over-the-top platforms in sport – and how digital fan engagement will work in this maturing world of connected devices.Niall Coen, Founder and CEO, Snack Media added: “At Snack Media we’re committed to ensuring that the Digital Sport business continues to act as a hub for the sports industry in the UK. A key part of delivering that is partnering with other industry-leading organisations to present an events series bringing together some of the biggest names in the sector for discussion and idea-sharing. We are delighted to be working with Sportradar to further these aims.”last_img read more

Suren Khachatryan, Digitain: Focusing development on the customer’s need for speed

first_img SBC Webinars and Digitain present Finding Value in Untapped Markets July 14, 2020 Why reliability of service is an integral part of TVBET’s strategy August 6, 2020 Share Digitain and LSports double up for simulated tennis roll out June 30, 2020 StumbleUpon Submit Share Related Articles Digitain CCO Suren Khachatryan discusses the company’s new set of offices, why African operators are switching platform providers to meet new local market demands and how its own sportsbook solution stood up to the World Cup challenge, as well as why page load, scroll and click speeds remain fundamental to the success of its partners.SBC: The company is preparing to open a set of new offices around the world; do these office placements provide a clue as to new target markets for Digitain?SK: Digitain has experienced substantial growth in several international markets. Strategically to accommodate this expansion, we shall be opening sales and business development offices in the United Kingdom, Philippines, South Africa and South America. These offices shall locally service existing clients and partner needs as well as increasing our inquiry pipeline. SBC: So it reflects your bid for expansion in football-mad Africa?SK: Absolutely, yes is the answer. We have attended several trade shows specifically at the African continent, with solid responses from both incumbent operators looking to switch platform providers in order that their retail and online businesses can scale quicker to local market demands. And likewise new entrants into the market, which is still in an overall growth phase with margins on football markets being much healthier in comparison to European or North America geos.  SBC: Mobile compatibility has been at the forefront of development for the latest versions of your sportsbook solution; can you disclose any new mobile-first features, either already launched or those in the works for 2019? SK: Our business has product teams just for mobile, both mobile web and native applications. We are in the process within the next few weeks, of releasing more functionality. The core focus for Digitain is speed, especially in today’s digital economy, all mobile consumers, now measure a brands experience in seconds. If the app or mobile site doesn’t load quickly, you could create a negative customer experience and the user clicks or visits a competitor. Therefore of course functionality and user journey are critical, but constant optimisation of page load, scroll and click speeds are fundamental attributes and KPI’s for our partners.      SBC: What percentage of bets are Digitain customers now taking through mobile devices?SK: There are some geographical variations between desktop and mobile devices. Generally, the trend is mobile engagement and transactions with up to 70 per cent of volume coming via mobile channels.SBC: As a provider with a significant CIS-based portfolio, last summer’s World Cup was a big deal for Digitain; what did you learn about your sportsbook solution, both in terms of standing up to the highest demand and being agile enough to push the right product features to different territories?SK: Our platform had a 99.99% available uptime and accommodated peak demands which generally come prior to match kick-off and of course in-play. We are pleased to say, we have a very robust and stable platform, and a roster of analysts constantly monitoring traffic flows, that allow us to consider capacity models and plan accordingly for our clients peaks and indeed lulls. Product wise, the largest volumes are live betting, as our sportsbook product covers 30,000 live events each month, across 65 sports taking in 7,500 leagues, and more than 3,000 betting markets. From a learning perspective, businesses like us are always learning or should be always learning. The key is open communication and open dialogue with our operator brands and that includes understanding their acquisition marketing campaigns to ensure the system is responsive and call handle large volumes of concurrent connections. Therefore forward ‘planning’ is critical around key sporting or marketing events. As no brand wants to invest in an expensive TV campaign and for the site to become unavailable or unresponsive.  SBC: Two predictions to finish; what will be the biggest challenge for your company this year, and what is your biggest target for 2019?   SK: Good questions. The biggest challenge for many businesses is people, especially in the digital technology sector. Internally we have invested a lot in our people and ensuring it’s not only about the conditions, both how we support and develop our teams.  We have early on recognised this is a must for our continued global expansion, and are constantly improving how our brand recruits, on boards and provides an environment for the best talent.The biggest target for 2019 and beyond is actually simple, to ensure we as Digitain offer our partners the best customer service and experience possible. Our brand values include customer experience with open transparency in regards to all the client’s needs. We shall continue to focus heavily on this area.last_img read more

Codere sanctions Credit Suisse to lead its Mexican charge

first_img Mozzartbet sets sail in South America taking over Meridianbet Colombia July 22, 2020 Spanish business news source El Confidencial reports that the governance of Grupo Codere SA has sanctioned investment bank Credit Suisse to lead its corporate refinancing, as the Bolsa Madrid gambling group reviews its South American options.The Swiss multinational bank is reported to have been given a two-fold mandate by Codere governance, being ordered to raise capital for new expansion projects and further undertaking a review of loss-making assets/divisions.Credit Suisse will likely carry out an operational review of Codere’s position within Argentina, the firm’s biggest operational market which plunged 2018 results, due to the Argentine Peso collapse.  Furthermore, news of Credit Suisse appointment follows speculation in Spanish media that Codere governance will likely sanction a sale of the firm’s Italian bingo and arcade properties, as increased GGR taxes have made Italy an unworkable territory for the Spanish legacy gambling group.Advancing future options, Credit Suisse is reported to be raising ‘necessary financing’ for Codere to form a LATAM strategic partnership with US entertainment and leisure group Hard Rock International.Securing new capital, Codere governance seeks to entice Hard Rock into a Mexican strategic partnership in which it will operate gambling units within Hard Rock’s four luxury Mexican hotel properties of Cancun, Los Cabos, Cozumel and Lázaro Cárdenas.Rapid Mexican expansion remains top of Codere governance’s agenda, with Credit Suisse reported to be assessing a potential buyout of Mexican media group Televisa’s 17 ‘Play City’ gambling establishments. Following an executive team shake-up in 2018, Televisa, Mexico’s biggest multimedia group announced that it would offload its entire Play City gambling division – seeking a ‘quickfire $300 million sale’.Closer to home, corporate stakeholders will be monitoring next month’s Group AGM closely, as Codere governance seeks to end the firm’s ongoing dispute between US debt holders and the enterprise founding Martinez Sampedro family.Entering a crucial H2 2019 period, in which Codere leadership seeks to implement various group transformation initiatives, the Spanish firm seeks to end a bitter board-level dispute which may impact future financing and growth strategies. Codere secures €250m credit lifeline on aggressive interest rates  July 14, 2020 Submit Related Articles Codere merges Italian fruit machine units forming CODWIN July 3, 2020 Share Share StumbleUponlast_img read more