Stride to focus on cost controls

first_img Stride Gaming will retain its focus on controlling costs after non-executive chairman Nigel Payne said that the bingo operator had performed in line with expectations in “challenging trading conditions” since the start of the financial year. Stride to focus on cost controls Topics: Finance Finance 6th February 2019 | By contenteditor Subscribe to the iGaming newslettercenter_img Stride Gaming will retain its focus on controlling costs after non-executive chairman Nigel Payne said that the bingo operator had performed in line with expectations in “challenging trading conditions” since the start of the financial year.Payne, speaking at Stride’s annual general meeting today (February 6), reiterated the operator’s plans to migrate more customers to its higher-margin proprietary platform, which generated a 23.8% increase in revenue to £60.5m (€68.9/$78.4m) in the 12 months through to the end of August, accounting for 68% of total turnover.The company reported an 8.7% year-on-year increase in net gaming revenue to £89m for the year through to August 31, with player deposits up by 6.8% to £157m.However, yield per player fell by 2% to £144 over the 12-month period while adjusted earnings before interest and deductions slumped by 18.2% to £16.1m, with Stride blaming a new tax on free bets. Funded player accounts also declined by 6.1% to 137,000.“The group’s trading performance since the start of the financial year has been broadly in line with the board’s expectations despite the continued challenging trading conditions,” Payne said today.“The board remains confident in Stride’s ability to manage ongoing fiscal and regulatory market pressures and leverage its unique infrastructure to capitalise on significant growth opportunities in the dynamic UK market. The group has a clear focus on winning and retaining mass market, recreational customers onto its bingo and casino sites.“Cost control and efficiencies remain a core focus area for the group. Stride continues to leverage its infrastructure and proprietary technology to migrate more customers onto the group’s higher margin proprietary platform and drive cost synergies across the business.”The company also confirmed a special dividend of 8p per share relating to the earn-out agreement associated with Rank Group’s acquisition of Spanish-facing operator QSB Gaming, in which Stride held a 24.2% stake. The earn-out transaction is expected to take place by the end of May, with the dividend being paid in June.“The board believes the group will continue to be highly cash generative and the board remains committed to its revised dividend policy to distribute at least 50% of adjusted net earnings in dividends,” Payne added.Stride’s figures for the current financial year will take into account a £7.1m fine, imposed by the UK Gambling Commission in November, in relation to compliance failures at its Daub Alderney subsidiary. Stride, which labelled the punishment as “excessive and disproportionate”, had set aside £4m for the anticipated fine.The operator, which said that it would not appeal against the fine, asked the commission to reconsider the penalty late last year. The commission told today that it is unable to comment on individual cases, with no further updates having been disclosed publicly since the fine was imposed. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Ireland Email Addresslast_img read more

HSBC Sevens World Series: Matt Burke on the Sydney Sevens

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Star turns: New Zealand won the Sydney Sevens with the last play of the competition RW caught up with 81-cap World Cup winner Matt Burke at the Sydney leg of the HSBC Sevens World Series for a chat about the new venue, the Sevens evolution and the Olympics On Sydney as a location “It was a belting weekend in Sydney. The move of location has been a success. The Sevens had time in Adelaide and the Gold Coast but moving to one of Australia’s major hubs, makes it more of a viable proposition to fill a stadium. We had crowds of over 75,000 over the weekend, which is a credit to organisers. They want to recreate what they do in Hong Kong. They know London has turned itself into a must-visit venue and Dubai is the same. Every leg has its own idiosyncrasies. It’s early days but I can see Sydney turning into a special weekend of Sevens.”Party town: Over 75,000 fans attended the Sydney Sevens over two daysOn party atmosphere“Sevens has a party, fun atmosphere that is hard to beat. Just walking round, I’ve seen Luke Skywalker, guys dresses up as Mexicans, a bloke dressed like Crocodile Dundee. It’s promoting a fun time and because they’re 14-minute game, you can switch off, have a drink and another quality game starts up. It reminds me of being back in the Bigg Market in Newcastle back in the old days.”On the World Cup legacy in Australia“Rugby fans here are basking in the success of the Wallabies reaching the World Cup final in London and having a very positive tournament. We have to thank Michael Cheika and his boys for making us proud.Fast-mover: Lewis Holland steps round an English defender to send Australia into the semisOn the evolution of Sevens“I played in the Hong Kong Sevens in 1993 and played in the first World Cup Sevens tournament in Scotland where we got dusted by the All Blacks in the final. Back then it was a case of fifteens blokes playing seven-a-side. I was speaking to Rod Kafer earlier, and we both joked, ‘could we keep up this intensity? I’m not sure we could’. They are proper athletescenter_img On skills and fitness“They are dedicated Sevens athletes these days. It is so specific now. It’s not just one tackle, it’s four or five in a row and then you’re expected to get up and throw a 20-metre pass onto the chest of your team-mate and score. As a spectator, you’re getting exhausted watching it. When I played, the whole goal was not to get tackled. You used the width, you backed off, gave away territory to find a gap. Now there’s more physicality. You watch games and there are four guys at the breakdown. You wonder, ‘who’s covering the rest of the field?’ The speed and skill levels are immense.” It’s the speed and noise in the contact is what surprises you.Star turns: Good friends Quade Cooper and Sonny Bill Williams catch up at the Sydney SevensOn players to catch the eye“There are so many stars on the Sevens circuit these days. Cam Clark, Savenaca Rawaka, Carlin Isles, Akira Ioane, Collins Injera, Seabelo Senatla are all big names. Now there’s Sonny Bill Williams, his contact skills and offloading hasn’t exactly been diminished, has it?Sevens as an entry point to rugby“I watched Kenya play South Africa and they were seriously competitive. Earlier on, Portugal gave the Wallabies a big scare by going 12-0 up. The old order is being challenged quicker than the 15-a-side game. Even in the World Cup, the blow-outs weren’t as heavy as we’ve seen in previous World Cups. Tier 2 sides are starting to compete and that’s down to better coaching and more investment which can only be good for the game.” Crowd pleasers: Bush Mwale of Kenya shows off some in-flight skillsOn the Olympics buzz“The Olympics is a massive pull. I had a chat to the boys, I said ‘you will be known as Olympians’. For all I did, that’s not part of my resume. It’s an incredible opportunity. Lots countries are coming on board. It’s two-days in Rio, where they’re going to hammer it out and the winner will lift an Olympic Gold. How good is that? There is massive excitement from all rugby fans.”last_img read more

Oxfam offers Nectar points for donated goods

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Oxfam offers Nectar points for donated goods  28 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 5 April 2013 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Oxfam has partnered with loyalty program Nectar to reward people who donate goods to its charity shops as part of its Tag Your Bag scheme. Donors will earn two Nectar points for every £1 that their donated goods raise when they are sold in shops or online.Donors will earn 100 points simply by signing up to the Tag Your Bag scheme, which enables Oxfam to claim Gift Aid on the value of donated items sold.Existing members of the Tag Your Bag scheme can simply link their Nectar card number to their Tag Your Bag scheme account. Advertisement Sarah Farquhar, head of retail brand at Oxfam, said that this was the only charity partnership of its kind with Nectar. She added that the charity hoped to reach a new audience of donors through the partnership.Donors can also choose to donate their Nectar points back to Oxfam by spending them on a range of Oxfam Unwrapped items such as safe drinking water or training a teacher. Five hundred Nectar points are worth £2.50 in this read more

Celtic Faire and Highland Games

first_img Education Partnership of the Permian Basin logo wide.jpg WhatsApp By admin – March 10, 2018 Local News Facebook Pinterest Twitter Pinterestcenter_img WhatsApp Celtic Faire and Highland Games Twitter Facebook Previous articleGUEST VIEW: Fab Lab Permian Basin is training the next-generation of workers for the jobs of the futureNext articleELDER: How many lives are saved by guns — and why don’t gun controllers care? admin Midland County HorseshoeThe Celtic Heritage Society of the Permian Basin has scheduled the Midland Scottish-Irish Faire and Highland Games from 10 a.m. to 10 p.m. Saturday and 10 a.m. to 5 p.m. Sunday at the Midland Horseshoe Pavilion, 2514 Arena Trail, Midland.last_img read more

Record number of Covid-19 deaths reported

first_img Record number of Covid-19 deaths reported Google+ Important message for people attending LUH’s INR clinic Facebook Facebook Google+ By News Highland – January 19, 2021 Homepage BannerNews Pinterest WhatsApp Previous articleMain Evening News, Sport and Obituaries Tuesday January 19thNext articleCouncil to seek business rates waiver for 2021 News Highland RELATED ARTICLESMORE FROM AUTHORcenter_img Arranmore progress and potential flagged as population grows Nine til Noon Show – Listen back to Monday’s Programme There has been a further 93 Covid-19 deaths – the highest daily figure since the start of the pandemic.An additional 2,001 new cases have also been confirmed, 90 in Donegal.Meanwhile the number of people in hospital with the disease now stands at 1,949, while 202 are in intensive care. Twitter Twitter WhatsApp News, Sport and Obituaries on Monday May 24th Loganair’s new Derry – Liverpool air service takes off from CODA Pinterest Community Enhancement Programme open for applicationslast_img read more

‘Paperwork stacked five miles high’: VA medical facilities suffer patient info logjam

first_imghave no consistent training or scanning policies.The audit was performed via an on-site assessment of eight facilities and interviews performed at 78. The inspector general outlined several recommendations to help VA facilities navigate the backlog that include establishing policies formally defining “medical document backlogs;” implementing formal controls to monitor backlogs; assessing scanning processes; and obtaining the necessary resources within scanning departments.Copyright © 2019, ABC Radio. All rights reserved. iStock(WASHINGTON) — A report from the Office of Inspector General reveals a widespread backlog of patient information in veterans’ medical facilities.Stacks of patient records in VA healthcare facilities have accumulated to the point where if all of the documents were stacked up, they would create a paper tower reaching about 5.15 miles high, according to the Health Information Management Medical Documentation Backlog report.The documents are supposed to be scanned and digitized as Electronic Health Records, but a recent audit shows that process is not happening quickly or efficiently.The push to digitize VA medical records accelerated in 2015 when 23.5 million veterans’ health records were transferred to a shared data center with the Department of Defense. That initiative was supposed to be the start of the new era of seamless electronic record-keeping for VA facilities.Yet infrastructure issues and a growing backlog of veterans’ records have stalled the VA’s advancement into the digital age.In June 2018, President Donald Trump signed the VA Maintaining Internal Systems and Strengthening Integrated Outside Networks (MISSION) Act. The legislation was designed to expand community care for veterans from non-VA facilities.But the act also raised concerns about a backlog of medical documentation, which could make it harder for veterans to get diagnosed and treated.As of July 19, 2018, VA medical facilities had a “cumulative medical documentation backlog of paper documentation that … contained at least 597,000 individual electronic document files dating back to October 2016,” the inspector general’s report said.Among its key findings, the report says that facilities suffering from patient information backlogs:have staff that are not scanning documentation or entering electronic medical records in a timely manner; lack adequate review and monitoring processes to ensure scanned document are legible; face staffing shortages; and lack communication between facilities’ Health Information Managers and facility directors about digital record processes;last_img read more

Personnel chief attacks human resources label

first_imgRelated posts:No related photos. The term human resources is demeaning to working people and sends the wrongsignal to staff, according to one of the UK’s most experienced personneldirectors.In a scathing attack, Mike Judge, of car firm Peugeot, said employers usingthe HR title send a message to staff that they are only as important asmachines.”Of course what we do and how we do it is more important than what wecall ourselves, but… the trend of calling ourselves the human resourcesdepartment sends out signals about our profession that I hope are nottrue,” Judge argued.”I am no dinosaur but I am a personnel director. I do not think we needto invent jargon to describe our responsibilities for people.” Previous Article Next Article Comments are closed. Personnel chief attacks human resources labelOn 8 Feb 2000 in Personnel Todaylast_img read more

Average size of a deposit rises by £5,000

first_imgThe average size of a deposit on properties in England and Wales has increased by ten percent, according to conveyancing firm MyHomeMove.Its has compared deposit sizes for the first six months of 2015 with those during the same period this year and says home buyers paid an average deposit of £55,000, up from £50,000 last year, although the research also shows deposits as a percentage of house prices has decreased.“The drop in deposit percentages indicates that Government measures to ensure easier lending across the mortgage market have had a positive impact, especially for those outside the capital,” says Doug Crawford, CEO MyHomeMove.“However, while this sounds like great news for buyers, the reality is different. The price rise means that in real terms this decrease translates into an increase in most regions.“For many, the deposit comes from the equity in the property they are selling. However, there are still a large proportion of home buyers who will need to save thousands of pounds more to make the move onto, and up, the property ladder.”property sales rising deposits cost of deposits deposits December 15, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » Average size of a deposit rises by £5,000 previous nextHousing MarketAverage size of a deposit rises by £5,000Research by HomeMove shows impact of fast rising prices in UKThe Negotiator15th December 20160592 Viewslast_img read more

Bruce Ungethiem Announces Plans To Run For Indiana House District 64

first_imgBruce Ungethiem, current Vanderburgh County Commissioner President has decided to run for Indiana House district 64 in the upcoming 2018 election. Mr. Ungethiem, who is in his third year a commissioner in Vanderburgh County, will forgo a second term as Commissioner to run for the Indiana house seat currently held by Tom Washburne. Mr. Ungethiem said it has been a pleasure to serve as Commissioner for Vanderburgh County residents and he plans to take that experience in serving the people in local government to the State house. “As I learned more about local government I realized that much of what the local governments do is dictated by state law. I hope to bring a logical approach of a professional engineer with a local government experience to the law-making process.  As I talked to current District 64 representative Tom Washburne about the job, it became clear to me that that there are only a few legislators with local government experience so I believe that my experience as a commissioner would be a valuable addition.”Mr. Ungethiem will file for Indiana House District 64 in January of 2018.FacebookTwitterCopy LinkEmailSharelast_img read more

Gov’t Mule Extends 2018 Summer Tour With The Magpie Salute

first_imgGov’t Mule has announced the second leg of their 2018 headlining summer tour. The Warren Haynes-led quartet will make stops along the west coast and throughout Texas as well as in Missoula, Vancouver and Tulsa. The tour kicks off August 17th in Charlotte, NC with special guest The Magpie Salute on select dates. These newly-added dates will follow a nine-date tour throughout middle America and the South, with the first eight dates supported by The Magpie Salute and the last featuring openers Lukas Nelson & Promise of the Real.The southern rock titans will hit the road beginning June 2nd when they headline Candler Park Music & Food Festival in Atlanta, GA before heading overseas for select European shows in Germany, Netherlands, and the UK. Beginning July 12th, Gov’t Mule will also take their “Dark Side of the Mule” tribute project on the road with The Avett Brothers for a run of six co-headlining amphitheater shows with special guest The Magpie Salute.Fan club pre-sale begins Tuesday, May 29th at 12 pm EST. Tickets go on-sale Friday, June 1st at 10 am local time. For more information, to grab your tickets, or to check out a full list of upcoming Gov’t Mule dates, head to the band’s website. Gov’t Mule Summer Tour 2018 DatesJune 2 – Atlanta, GA @ Candler Park FestJune 29 – Torgau, DE @ KulturbastionJune 30 – Utrecht, NL @ TivoliVredenburgJuly 1 – Maidstone, UK @ Ramblin’ Man FairJuly 12 – Wantagh, NY – Northwell Health at Jones Beach Theater %July 13 – Holmdel, NJ – PNC Bank Arts Center %July 14 – Mansfield, MA – Xfinity Center %August 17 – CMCU Amphitheater – Charlotte, NC*August 18 – Volvo Car Stadium – Charleston, SC*August 19 – The Woods Amphitheater – Whites Creek, TN*August 21 – Rose Music Center – Huber Heights, OH*August 23 – Noblesville, IN – Ruoff Home Mortgage Music Center %August 24 – Tinley Park, IL – Hollywood Casino Amphitheatre %August 25 – Clarkston, MI – DTE Energy Music Theatre %August 26 – Brenton Plaza – Des Moines, IA*August 28 – Vetter Stone Amphitheater – Mankato, MN*August 29 – SumTur – Papillion, NE*August 31 – Snow Park Outdoor Amphitheater – Park City, UT*September 1 – Missoula, MT @ Big Sky Brewery*September 2 –  Sun Valley Pavillion – Sun Valley, ID^September 4 – Vancouver, BC @ Commodore BallroomSeptember 5 – Portland, OR @ Roseland TheaterSeptember 6 – Seattle, WA @ Moore TheatreSeptember 7 – Eugene, OR @ McDonald TheatreSeptember 8 – Oakland, VA @ Fox TheaterSeptember 11 – Los Angeles, CA @ The WilternSeptember 12 – Phoenix, AZ @ The Van BurenSeptember 16 – Telluride, CO @ Telluride Blues & BrewsSeptember 18 – Tulsa, OK @ Cain’s BallroomSeptember 19 – Austin, TX @ ACL Live at the Moody TheaterSeptember 20 – Dallas, TX @ House of BluesSeptember 21 – Houston, TX @ White Oak Music HallSeptember 23 – Louisville, KY @ Bourbon & Beyond*with Magpie Salute^with Lukas Nelson & Promis of the Real% “Dark Side of the Mule” co-headlining w/ The Avett Brothers; support from Magpie SaluteView Summer Tour Dateslast_img read more