gnjpagei

France to launch new regulatory body ahead of FDJ privatisation

first_img Tags: Online Gambling Finance Topics: Finance Legal & compliance Lottery France has introduced new gambling regulations, including the creation of a new national gambling authority, L’autorité nationale des jeux (ANJ) to replace the current regulator, l’autorité nationale de régulation des jeux en ligne (ARJEL), ahead of the privatisation of lottery monopoly La Française des Jeux (FDJ). Regions: Europe Western Europe France France has introduced new gambling regulations, including the creation of a new national gambling authority, L’autorité nationale des jeux (ANJ) to replace the current regulator, l’autorité nationale de régulation des jeux en ligne (ARJEL), ahead of the privatisation of lottery monopoly La Française des Jeux (FDJ).Currently, online gambling in France is regulated by ARJEL, while casinos, horse racing in Paris and lottery games are regulated by the Ministry of the Interior and Ministry of the Economy and Finance. Under the new regulations, ANJ will act as a single body to oversee gambling in the country.“The National Gambling Authority (ANJ) will become the main player in the regulation of gambling in France,” the country’s Council of Ministers said. “This new independent administrative authority will be endowed with reinforced powers, over a broad scope of competences.“In the competitive online sports betting sector, the ANJ will take over the mission of issuing the licenses to online gambling or betting operators, now exercised by ARJEL. It will see its powers of supervision strengthened: the authority will indeed be able to prescribe to an operator the withdrawal of any commercial communication inciting to play excessively.“On the casino sector: the skills of the ANJ will focus on the fight against excessive gambling. The regulation of this activity for its other aspects, however, will continue to be the responsibility of the Ministry of the Interior, because of its specificities.”FDJ is currently owned and operated by the French government, but its shares will be sold to institutional and private investors in an initial public offering later this year. However, the Council of Ministers said the state will continue to hold a certain degree of influence over the company.The council said the state would remain present in the company through a government commissioner present on the board alongside directors representing the state, with the power to “oppose the problematic decisions of the company,”, by issuing a notice of approval of the State to the leaders, which may be withdrawn at any time if the state no longer approves of FDJ, and by having the power to block any capital increase of more than 10% of shares. France to launch new regulatory body ahead of FDJ privatisation 4th October 2019 | By Daniel O’Boyle Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletterlast_img read more

gnjpagei

Czech Ministry of Finance defends gambling tax hike

first_img The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country’s land-based market.The Ministry said income from the higher taxes will help support its efforts to protect people from gambling-related harm.From January 2020, a new structure will split taxes into three tiers, according to how harmful the government perceives the activity to be. Gambling tax is currently set at 23% of gross gaming revenue (GGR,) with the exception of gaming machines, which are taxed at 35% of GGR.Lotteries, live games and bingo operators will be taxed at 30% of GGR, up from the current rate of 23%, while the rate for fixed odds betting will rise from 23% to 25%. The Ministry said some of the additional funds from higher taxes will be used to support nationwide problem gambling initiatives.However, Czech newspaper E15 has hit out at the plans, saying that opposition parties, as well as the members of coalition government comprising the Czech Social Democratic Party and ANO 2011, are opposed to the move.Jiří Dolejš, a member of the parliamentary budget committee for the Communist Party of Bohemia and Moravia (KSČM), said the government should reconsider the decision before implementing the new regulations.Dolejš put forward an alternative proposal whereby the rates for lotteries, live games, bingo and fixed odds betting would remain the same, but the tax rate on gaming machines would be increased from 35% to 38%.He added that the government should be focused on tackling online gambling, claiming the channel was more risky than certain forms of land-based gambling.“The main intention is to raise taxes for slot machine operators, which are the most harmful,” he said. “The point is to reasonably maintain different rates of gambling taxation according to social risk, but the Ministry of Finance was not interested in this debate.”However, the Ministry hit back at the claims, saying that the new rates are set to build on the success of the Gambling Act of 2016. In first month after the act’s introduction, it said, 90% of illegal online gambling disappeared from the Czech market.The Ministry also noted that it will launch a new exclusion system next year as an additional form of protection for problem gamblers. This will include information of people who are claiming benefits, bankrupt, subject of a court order, have been ordered to seek treatment of addiction, as well as those that have self-excluded.“We consider the argument used in the article, that the 2019 tax package does not address online gambling in any way, misunderstands the basic ambitions of the Tax Act,” the Ministry said.Image: Nicolas Raymond Bingo Czech Ministry of Finance defends gambling tax hike AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Casino & games Finance Legal & compliance Lottery Bingo Slots The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country’s land-based market. Tags: Online Gambling Slot Machines Regions: Europe Central and Eastern Europe Czech Republic 30th October 2019 | By contenteditor Email Addresslast_img read more

gnjpagei

William Hill appoints Adrian Marsh as new finance chief

first_img Subscribe to the iGaming newsletter Casino & games William Hill appoints Adrian Marsh as new finance chief William Hill has announced that Adrian Marsh will join the business as the company’s new chief financial officer later this year, replacing the outgoing Ruth Prior in the role. Tags: Mobile Online Gambling OTB and Betting Shops Email Addresscenter_img 17th February 2020 | By contenteditor William Hill has announced that Adrian Marsh will join the business as the company’s new chief financial officer later this year, replacing the outgoing Ruth Prior in the role.The exact date at which Marsh is to join the business, and also become an executive director on the operator’s board, will be announced in due course, William Hill said.Marsh joins from DS Smith, an international packaging business where he has served as CFO for the past seven years. During this time, DS Smith transitioned from the Financial Times Stock Exchange (FTSE) 250 Index to FTSE 100. He also serves as a non-executive director of energy services business John Wood Group, an other FTSE 250 company.Before joining DS Smith, Mark served as group director of tax, treasury and corporate finance for supermarket giant Tesco, as European CFO for pharmaceuticals multinational AstraZeneca, and CFO of global building products for glass manufacturer Pilkington.“I am delighted to welcome Adrian to the board. As a proven CFO of a FTSE listed company with M&A, deal execution and multi-sector finance experience in US & European markets, he will be able to make a significant contribution to William Hill in the enablement of the strategy and is a great addition to the team,” William Hill chief executive Ulrik Bengtsson commented.Marsh added: “I am extremely excited to be joining William Hill at such a key time in the Company’s history, and look forward to supporting Ulrik and the rest of board in delivering their growth plans for the future.”The company’s previous CFO, Ruth Prior, announced in January this year that she was to step down to take the same role at Element Materials Technology, a materials and product qualification testing for the aerospace, oil & gas and transportation markets.She spent just over two years as CFO for the business, having been appointed to the role in March 2017, then beginning work in October 2017. She was appointed to replace Philip Bowcock, after he was promoted to CEO of the business.Her exact departure date is yet to be confirmed. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games People Sports betting Strategylast_img read more

gnjpagei

Harmon / Baran Studio Architecture

first_img United States Save this picture!© Scott Hargis+ 13 Share 2014 ArchDaily CopyHouses•Berkeley, United States Year:  Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/536090/harmon-baran-studio-architecture Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/536090/harmon-baran-studio-architecture Clipboard CopyAbout this officeBaran Studio ArchitectureOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBerkeleyHousesUnited StatesPublished on August 12, 2014Cite: “Harmon / Baran Studio Architecture” 12 Aug 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic BronzeArmchairsAndreu WorldGrand Raglan – Lounge ChairSinksBradley Corporation USASinks – Frequency® FL-SeriesPlantingSikaGreen RoofsStonesCosentinoSilestone Surfaces – Ethereal CollectionMetal PanelsLongboard®Aluminum Battens – Link & Lock – 8″Panels / Prefabricated AssembliesFranken-SchotterFacade Panels – Dietfurt LimestoneWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWoodGustafsWood Cladding in St. Erik Eye HospitalLightsKKDCLighting – Groove FLEXMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Architects: Baran Studio Architecture Year Completion year of this architecture project center_img Photographs Harmon / Baran Studio Architecture Projects Harmon / Baran Studio ArchitectureSave this projectSaveHarmon / Baran Studio Architecture “COPY” 2014 Year:  “COPY” photographs:  Scott HargisPhotographs:  Scott HargisText description provided by the architects. Baran Studio’s project was to design a single-family home on a lot behind an existing home. The new structure is conceived as a modern interpretation of a traditional form. A simple gabled form takes its cue from the front house and neighborhood which it complements; the pitched roof helps mitigate the shadows cast onto the adjacent west neighbor.Save this picture!© Scott HargisThe wood trellis acts as a front porch, and as a buffer from the front building. The structure is orientated so that its windows face due north or south, maximizing light and respecting the privacy of neighbors whose windows face due east or west.Save this picture!© Scott HargisThe building material choice reflects the character of the neighborhood. The limited palette of corrugated metal roof, board-and-batten fiber cement siding, and metal windows is a response to the mix of the Edwardian style of the front and east neighbors and the contemporary style of the west and far east neighbors.Save this picture!Floor PlanThe interior similarly contains simplified interpretation of traditional elements such as the wainscot and trim. The materials such as concrete floors and radiant heat are durable and retain their character with minimum maintenance.Save this picture!© Scott HargisProject gallerySee allShow lessHouse by the Lake / Marte.Marte ArchitectsSelected ProjectsThe Big Data Institute / Make ArchitectsUnbuilt Project Sharelast_img read more

gnjpagei

Phlunte’ Riddle’s State Senate Campaign Receives John W. Mack’s Endorsement

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Top of the News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe Name (required)  Mail (required) (not be published)  Website  More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes HerbeautyNow She’s 19 – Look At Her Transformation! Incredible!HerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautycenter_img 2 recommended0 commentsShareShareTweetSharePin it Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Make a comment Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Government Phlunte’ Riddle’s State Senate Campaign Receives John W. Mack’s Endorsement Civil Rights Leader Lends His Support to Riddle Published on Wednesday, July 29, 2015 | 12:40 pm John W. Mack, longtime civil rights leader, has endorsed Phlunte’ Riddle for the State Senate, District 25, the Riddle campaign announced today.Phlunte’ Riddle has broken barriers as a police officer, educator, and small businesswoman,” said Mack. “I am proud to support her bid for the State Senate because we need more people with her background and experience shaping policy and advocating for fairness in employment, education, and public safety.”Mack is the past president of the Los Angeles Urban League* and former Los Angeles Police Commissioner. For more than 50 years, he has led efforts for equal opportunities in education, economic development, and law enforcement for African Americans and other minorities in Los Angeles and other states.“John Mack is a legend and I am humbled to have his support,” Riddle said. “He has led the fight for equal access to economic opportunities, stronger schools, and safer neighborhoods. This work is far from done and I’m going to focus on these critical issues in the State Senate.”Riddle resides in Pasadena with her husband of 36 years and is the mother of three adult sons. Riddle spent nearly 29 years rising through the ranks of the Pasadena Police Department, breaking barriers as the first woman to be permanently assigned as a gang/street narcotics officer and the first African American female sergeant and lieutenant. She retired as a lieutenant, where she was the Public Information Officer & Adjutant to the Chief of Police.Riddle is an adjunct professor at Golden West College and owns a consulting company, where she trains executives and helps solve communications challenges in organizations.The 25th State Senate District encompasses the communities of Pasadena, Burbank, Glendale, Bradbury, Claremont, Duarte, Glendora, La Cañada-Flintridge, La Verne, Monrovia, San Dimas, San Marino, Sierra Madre, South Pasadena, Upland, Altadena, La Crescenta, Montrose, Atwater Village, and Sunland-Tujunga.last_img read more

gnjpagei

[Section 138 NI Act] Chairman/Director Of The Company Cannot Be Prosecuted Without Impleading The Company As Accused: MP HC [Read Order]

first_imgNews Updates[Section 138 NI Act] Chairman/Director Of The Company Cannot Be Prosecuted Without Impleading The Company As Accused: MP HC [Read Order] LIVELAW NEWS NETWORK24 Jun 2020 12:39 AMShare This – xThe Madhya Pradesh High Court has observed that a Chairman of the company can not be prosecuted under Section 138 of the Negotiable Instruments Act unless the company is impleaded as an accused. A complaint was filed against the chairman of the company namely ‘Well Built Industry India Ltd.” after the cheque he had given under the capacity of chairman of the company got bounced. But…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Madhya Pradesh High Court has observed that a Chairman of the company can not be prosecuted under Section 138 of the Negotiable Instruments Act unless the company is impleaded as an accused. A complaint was filed against the chairman of the company namely ‘Well Built Industry India Ltd.” after the cheque he had given under the capacity of chairman of the company got bounced. But the complainant had not impleaded the company as a party in the complaint case. Contending that the complainant also failed to specify his role of on behalf of the company, the accused approached the High Court by filing a petition under Section 482 of the Code of Criminal Procedure seeking to quash the proceedings against him. Referring to the provision, Justice Rajendra Kumar Srivastava observed that the Section 141 of the Negotiable Instruments Act deals with the offences committed by the companies and say that if an offence is committed by a company under Section 138 of the Act, every person, at the time, the offence was committed, was in-charge and responsible to the company in the conduct of the business of the company, is liable along with the company to be proceeded against and punished accordingly. Further, it is provided that no person shall liable to be punished if he proved that an offence was not committed under his knowledge or he has exercised all due diligence to prevent the commission of such offence, the Court noted. The court also referred to the decisions in S.M.S. Pharmaceuticals Lts. Vs. Neeta Bhalla and Another, reported in (2005) 8 SCC 89, K.K. Ahuja Vs. V.K.Vora reported in 2009 (10) SCC 48 National Small Industries Corpn. Ltd. Vs Harmeed Singh Paintal reported in (2010) 3 SCC 330 and allowed the petition filed by the accused. The court said: In the present case, although, the respondent stated that the petitioner borrowed money from him on account of personal need of his business but looking to the fact that the respondent has accepted his business relation with the petitioner and the disputed cheque was given by the petitioner on behalf of the Company. A demand notice was served only on the petitioner/accused, there was no demand notice against company, therefore, without arraying the company as an accused in complaint case, the petitioner can not be prosecuted for the offence of Section 138 N.I. Act.  Case no.: M.Cr.C No.735/2020 Case name: Bhupendra Suryawanshi VS.Sai TradersCoram: Justice Rajendra Kumar Srivastava Counsel: Advocates Ankit Saxena and Sonali ParocheClick here to Read/Download OrderRead OrderNext Storylast_img read more

gnjpagei

Goodbye LA: Hospitality mogul Sam Nazarian buys Miami area mansion

first_imgEmail Address* Sam Nazarian with 8815 Arvida Drive (Getty, REWS Miami – David Hernandez)SBE founder Sam Nazarian closed on a waterfront mansion in Coral Gables for $14 million, with plans to relocate from Los Angeles, The Real Deal has learned.Nazarian, who recently sold his remaining 50-percent stake in SBE Entertainment’s hotel brands, acquired the six-bedroom, eight-and-a-half-bathroom estate at 8815 Arvida Drive in Coral Gables, according to sources. Nazarian declined to comment.The 9,694-square-foot Palladian-style home, with a home theater, master suite, covered terraces and cabana, sits on a 1.2-acre lot in the gated Gables Estates community. The property features a four-car garage, summer kitchen and pool, according to the listing.Audrey RossCompass broker Audrey Ross represented the seller. Brett Harris of Douglas Elliman and Jorge Uribe of One Sotheby’s International Realty represented the buyer. Ross and Uribe declined to comment.Harris said Nazarian had looked at properties for years, from Palm Beach to Coral Gables, and that he plans to relocate from L.A.“Ultimately, the privacy and security of Gables Estates resonated with the family, in addition to being in close proximity to the best schools in Miami,” Harris said.Jorge UribeProperty records show the seller is Steven C. Marks, who has the same name as a prominent personal injury attorney. Marks paid $4.5 million for the property in 2014, and the mansion was completed in 2017. It hit the market three years ago for $15.9 million.Nazarian sold his remaining stake in his company’s hotel brands to the French hospitality company Accor, telling TRD that he was increasing his ownership of SBE’s restaurant and virtual kitchens. The deal valued all the lines of the business at $850 million. In South Florida, that gave Accor full ownership of the Delano South Beach. It then sold the Delano real estate to Greenwich, Connecticut-based Eldridge, for an undisclosed amount.Brett HarrisSince Pharrell paid $30 million for his Gables Estates home in March, a number of closings have followed. Most recently, longtime cruise line executive Howard Frank sold his Gables Estates mansion at 500 Arvida Parkway for $20 million. The head of Columbus Capital Lending also sold his waterfront home at 150 Arvida Parkway for $33 million.Contact Katherine Kallergis Tagscoral gablesgables estatessam nazariansbe Share via Shortlink Full Name* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message*last_img read more

gnjpagei

Sri Lanka: Sultan Iskandar Muda 367 Arrives at Port of Colombo

first_img View post tag: 367 The Naval Ship KRI “ Sultan Iskandar Muda 367” of Republic of Indonesia arrived at the Port of Colombo on a goodwill visit today (1st March 2011). On her arrival, she was ceremonially welcomed by the Sri Lanka Navy. Sri Lanka: Sultan Iskandar Muda 367 Arrives at Port of Colombo Share this article KRI “Sultan Iskandar Muda 367” will stay in Sri Lanka during 1st to 3rd March and 17th to 19th March 2011. The crew of the ship is scheduled to participate in a series of programmes organized by the Sri Lanka Navy to enhance the relations between the two Navies during her stay.[mappress]Source: navy, March 1, 2011 View post tag: Arrives Back to overview,Home naval-today Sri Lanka: Sultan Iskandar Muda 367 Arrives at Port of Colombo View post tag: port View post tag: Naval View post tag: Sultancenter_img View post tag: News by topic View post tag: Colombo View post tag: Navy March 1, 2011 KRI “Sultan Iskandar Muda 367”, a Sigma Class vessel belonging to the Republic of Indonesian Navy, is 90.71 meters in length and her displacement is 2103 tons. The ship complement consists of 28 officers and 70 sailors. View post tag: Muda View post tag: Sri Lanka View post tag: Iskandarlast_img read more

gnjpagei

“Tech Village” Project Gets Underway at Cape May County Airport

first_imgCape May County Freeholders Gerald M. Thornton and Will Morey, center, are joined by other dignitaries during a ceremonial groundbreaking for the new project. (Courtesy of Cape May County) Cape May County officials and their economic development partners celebrated the groundbreaking Wednesday of Tech Village at Cape May County Airport. The $6.2 million, 20,000-square-foot complex is the first of three proposed buildings that will serve as an innovation hub for tech businesses that will advance the goal of growing year-round jobs to residents within the county. The first building already has two tenants and is half-rented. “This is the start of a reimagining of Cape May County’s economic future,” Cape May County Freeholder Will Morey said. “We need to find new ways to diversify and create jobs that attract top talent, which will enable our young folks to find great opportunities within the county. D-Tech International USA and Cellular Tracking Technologies are the two companies committed to the first building. D-Tech was originally based only in the United Kingdom. The company had a distributor in Wildwood and chose the area for its US headquarters. The company opted to move to Tech Village to accommodate its growth and now partners with a local metalworking business. D-Tech develops self-service products that streamline processes inside libraries and brings library services to patrons online, through an app developed exclusively for libraries.  Cellular Tracking Technologies relocated its business from western Pennsylvania because of space concerns at their current location and signed a long-term lease for space at Tech Village. The company designs, develops and manufactures sensor and telemetry devices in the wildlife and Internet of Things space. Officials say they expect to create nearly 50 new jobs within the next three years. Freeholder Director Gerald M. Thornton thanked the many partners involved in the project, especially the U.S. Economic Development Administration (EDA) for demonstrating its confidence in Cape May County. The EDA awarded the county a $3 million grant to help build Tech Village. “The county and our partners have gained traction and we’ve been successful in catalyzing investment and activity at the airport,” Thornton said. “I am very happy to see the development taking place at the airport, and we believe this is the beginning of great things to come.”last_img read more