Woman Holding House KeyIT’S widely acknowledged that the local economy has hit some turbulence, with consumer spending at an all-time low and confidence in the property market at rock bottom. But for those who are experienced in property cycles there is certainty, and a level of comfort, in the predictability of a property cycle — what goes up most certainly comes down and vice versa. And while suggesting we have finally hit rock bottom may not sound like a good thing, if you are a savvy purchaser it is music to your ears. You know that once the market hits bottom you have limited time to act if you are to enjoy what we call capital gains. For local real estate agents one of the earliest indicators we see that the tide is finally turning comes in the form of investor inquiry on our local property listings. In the past four weeks two of our properties have attracted significant investor interest. About 90 per cent of total inquiries are coming from investors in Sydney. One of the properties, a two-bedroom unit priced under $200,000, received only one local inquiry and 13 from interstate. The property was snapped up and put under contract immediately.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Talking to my fellow agents, they are optimistic and feel that the market is about to perform well. We are all fielding regular inquiries from investors outside our region as well as from southerners looking to relocate here for work. And as we approach the traditional spring selling season we expect these inquiries to ramp up.However, when we speak to our local community it’s a very different picture. Everyone has been so beaten and battered by the tough economy they have no motivation when thinking of listing their home for sale.I would (and so would my industry colleagues) urge anyone that is unsure about selling their home right now, to talk to their preferred local agent about what is actually happening out there rather than put too much weight on talk around the water cooler. We are seeing days on market shortening and multiple offers being made on well-priced property. This activity, along with the increased interest from outside our region, is the earliest signs that things are about to change for the better. Townsville typically enjoys a bumper level of real estate sales activity in the months that lead into the Christmas period and this year is poised to be quite interesting as the tight market conditions from the beginning of the year are starting to loosen.So my message is simple — don’t believe the hype. Talk to a few agents (not just one), listen to what they’re saying and trust that those professionals who work at the coal face know what’s really happening.Now is a great time to sell and you know what they say about the early bird!
Their lead lasted just three minutes, though, as De Jong chested down Messi’s superb ball over the top and volleyed past Joel Robles from six yards. Fekir rounded off a swift counter-attacking move with a fine low strike from 18 yards past Marc-Andre ter Stegen to restore Betis’ advantage just before the half-hour mark. Messi was again the provider for Barca’s equaliser in first-half stoppage time, his deep free-kick turned in by Busquets from eight yards. Clement Lenglet then headed home Messi’s free-kick 18 minutes from time to ensure Barca remain three points behind leaders Real Madrid after their 4-1 win at Osasuna earlier in the day, although the Frenchman blotted his copybook by picking up a second yellow card soon after Fekir’s dismissal. Betis opened the scoring in the sixth minute, Canales stroking home from the penalty spot after Lenglet had handled Fekir’s strike inside the penalty area. Loading… Promoted ContentThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreBirds Enjoy Living In A Gallery Space Created For Them7 Mind-Boggling Facts About Black HolesCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhat Happens To Your Brain When You Play Too Much Video Games?The Highest Paid Football Players In The WorldWorld’s Most Delicious Foods8 Addictive And Fun Coffee Facts10 Risky Jobs Some Women Do7 Of The Wealthiest Universities In The WorldWho’s The Best Car Manufacturer Of All Time?6 Incredibly Strange Facts About Hurricanes Lionel Messi grabbed a hat-trick of assists as Barcelona ended a tumultuous week with a pulsating 3-2 LaLiga win over Real Betis at the Benito Villamarin on Sunday. The Catalan giants were dumped out of the Copa del Rey by Athletic Bilbao in midweek, while Messi has been involved in a public spat with technical director Eric Abidal after he questioned the work ethic of some players under previous boss Ernesto Valverde. Quique Setien’s side got off to a terrible start against his former employers, with Sergio Canales’ penalty putting the hosts ahead early on, but a wonderful goal from Frenkie de Jong pulled the champions level soon after. Nabil Fekir – who was later dismissed for two bookable offences in quick succession – restored the hosts’ advantage with a fine finish, before Sergio Busquets scored a second equaliser on the stroke of half-time. Read Also: La Liga: Bale returns as Real Madrid come from behind to beat Osasuna Messi was twice denied by Robles after the interval but he was central to Barca’s winner, floating in a free-kick that was headed home by a towering Lenglet. Fekir saw red 14 minutes from time, picking up quickfire bookings for a foul on Lenglet and dissent, while Barca’s French defender also received his marching orders three minutes later after catching Joaquin. FacebookTwitterWhatsAppEmail分享
BACOLOD City – Charged with murder, an alleged New People’ Army (NPA) member was arrested in Barangay Merville, Parañaque City, Metro Manila. Lumanog was believed to be a member of the NPA’s South West Front in this province, it added. The 36-year-old Roger Lumanog of Barangay Camindangan, Sipalay City, Negros Occidental was caught on the strength of an arrest warrant around 12:25 p.m. on June 3, a police report showed. The suspect is currently detained in the lockup cell of the Taguig City police station./PN Officers of the Southern Police District, in coordination with Sipalay City police station, served the warrant issued by Judge Rodney Magbanua of the Regional Trial Court Branch 61 in Kabanalan City.
Press Association The Toffees pair both signed from Chelsea in the summer, but did not bring a ready-made partnership due to Lukaku spending the majority of last season on loan at Goodison. The Belgian’s club record £28million price tag – and a lengthy list of rival suitors – might have made him Everton’s marquee arrival, but Eto’o’s free transfer appears an equally sound piece of business. The veteran, arguably Europe’s most feared goalscorer during his time at Barcelona, rolled back the years against Burnley on Sunday, netting a bullet header and classy long-ranger. They were his third and fourth of the season but Lukaku, who was also on target in a 3-1 win at Turf Moor, believes Eto’o’s value as a mentor is just as important. “He’s a world class player. He’s scored so many goals throughout his career and I’ve been blessed to be working with him,” said Lukaku. “I spend most of the time with him. I come in at the same time as he does, I leave at the same time. We do everything together on and off the pitch as well. “In training we have a finishing competition and the one who loses has to do sprints. “We see each other quite often. He comes to my house, I go to his house. I try to learn as much as I can from him and he tells me stories about how he worked when he was younger.” Lukaku has not been short of decorated senior figures to learn from during his time in England and he has set his sights on making a name of his own that will rival the very best. “Samuel has the same impact as (Didier) Drogba and (Nicolas) Anelka had on me when I was younger at Chelsea,” he said. Romelu Lukaku feels “blessed” to be working with strike partner Samuel Eto’o at Everton. “In that aspect I think I’ve been blessed to work with top strikers like them. I hope to be one of them in the future.” The 21-year-old still has a way to go before he can bracketed with those stellar performers, but his potential remains huge. His goal against the Clarets, an untidy but effective finish, was just his fourth in 15 appearances this term – a mark he had already reached after four games last year. “It was a slow start but now I’m getting where I want to be,” he said. “I’ve scored back-to-back Premier League goals now so I only want to look forward. “I’m working very hard and I’m almost at 100 per cent. I think the best has yet to come. “I put myself under pressure, I really want to succeed and I really want to help my team-mates and the club by scoring goals, by winning games. It’s nothing special, it’s nothing new.” For Burnley boss Sean Dyche it was another day to reflect on the scale of the challenge ahead. Now winless in their first nine fixtures and with a shoestring budget to operate on, few pundits give Burnley much chance of winning their battle with the drop. Dyche confronts that assessment head on. “We were written off the day we got promotion,” he told Clarets Player. “Everyone from outside will say all that but we’re not broken – we’re wounded, because we want to win games, but not broken and you can see that from the performance (against Everton). “There were a lot of good signs but they’re only nice for neutrals. We want to win games so we want to turn good signs into even better performances. “We go again, it’s as simple as that.”
April 3, 2020 Ohio State’s Wesson intends to enter NBA draftUNDATED (AP) — Ohio State star Kaleb Wesson has announced in a tweet that he would forego his final year of eligibility and declare for the NBA draft.Analysts have projected him as a second-round pick. Wesson can sign with an agent for exploratory purposes and still protect his final year of eligibility. He has until June 3 to make a decision.Wesson averaged 14 points and 9.3 rebounds in leading Ohio State to a 21-10 record and 11-9 in the Big Ten Conference.In other college basketball news: — Golden Gate Fields in the San Francisco Bay area has been closed for live racing as a result of the coronavirus pandemic. The Alameda County Public Health Officer ordered the track to close, which resulted in the cancellation of Thursday’s card. Santa Anita near Los Angeles has been without live racing since March 27 under a similar order from the Los Angeles County Health Department. Both tracks had been racing without fans and limiting attendance to horsemen and necessary racing and track employees.— The California State Athletic Commission has canceled all combat sports events through May due to the coronavirus pandemic. Several dozen events were scheduled for May, mostly in Southern California.— World Sailing has canceled the World Cup Series Final in Enoshima, Japan, in June because of the coronavirus outbreak. The regatta was to give valuable competition for the Olympic classes just over a month before the start of the Tokyo Games. The Olympics have been postponed to 2021.— A European plan is being formed to resume soccer around July and August, with domestic leagues told Thursday not to abandon competitions yet due to the coronavirus pandemic. The aspiration was outlined in a letter that has been seen by The Associated Press and was signed by UEFA (yoo-AY’-fah), the European Club Association and European Leagues body and was being sent to their members. Competitions, including UEFA’s Champions League and Europa League, were put on hold last month as the COVID-19 outbreak spread across Europe.— Former marathon world record holder Wilson Kipsang was among 20 people arrested in Kenya for locking themselves in a bar and drinking alcohol in breach of a curfew imposed because of the coronavirus pandemic. Police say the 2012 Olympic bronze medalist was among those detained at a police station in Iten, one of Kenya’s famous high-altitude towns where distance runners train. They were in breach of a 7 p.m. to 5 a.m. curfew. Update on the latest sports Associated Press — The Ivy League has decided not to allow its spring-sport athletes to have an additional year of eligibility despite having their seasons shortened by the coronavirus pandemic. The decision was consistent for the Ivy League, which hasn’t allowed athletes who received medical redshirts to play for a fifth year. The NCAA Division I Council voted Monday to give spring-sport athletes a way to get back the season they lost regardless of their year in school, but it did not guarantee financial aid to the current crop of seniors if they return to play next year.— A survey of more than 100 athletic directors across the country finds deep concern for academics and athletic department finances amid the pandemic. Some 75 percent say they are concerned about a drop in donations and nearly as many are worried about ticket sales and money that comes from games and other fan events.— McLaren’s Formula One drivers Carlos Sainz Jr. and Lando Norris have agreed to take pay cuts as part of protective cost-cutting during the coronavirus pandemic. The team is furloughing other employees. McLaren said that both drivers and senior management all agreed to voluntary pay decreases. No figure was given but McLaren said the percentage of the cut is the same figure for all employees who are not furloughed.— The coronavirus pandemic has left rugby on its knees over the last two weeks and there is the prospect of more pain to come because of the uncertainty over whether leagues, tours and international competitions can resume or go ahead. USA Rugby has filed for bankruptcy and the Australians are facing a black hole of more than $70 million. English rugby leaders have drawn-up worst-case scenarios of an even bigger financial hit.— The CEO of World TeamTennis says the league has sent $1,000 each to about 60 players and coaches as a “gift” to help them deal with the financial hardships presented by the coronavirus pandemic. The nine-team league was founded by Billie Jean King in the 1970s. League CEO Carlos Silva says the payments were not an advance of salary. Rather, they are a way to say thank you and to be used for rent or groceries or anything else the players might need. All professional tennis events have been postponed or canceled until early July because of the COVID-19 outbreak. The 149th edition of the Open Championship is scheduled to take place July 16-19. The last time the Open wasn’t played was in 1945 because of World War II.The R&A released a short statement in response to media speculation about the staging of the event. Chief executive Martin Slumbers says the “process is taking some time to resolve” because of a range of external factors.On Wednesday, Wimbledon was canceled for the first time since World War II. The All England Club announced Wednesday after an emergency meeting that the oldest Grand Slam tournament in tennis will not be held in 2020.In other developments related to the pandemic:— The Senior PGA Championship in Michigan has been canceled. The PGA of America says it based its decision on Michigan’s stay-at-home order that was enacted March 23. The Senior PGA in Benton Harbor, Michigan, was to be played May 21-24. It will be held next year at Southern Hills in Tulsa, Oklahoma. It will return to Benton Harbor the following year. Henry rushed for an NFL-leading 1,540 yards and averaged 4.8 yards per carry while earning his first Pro Bowl invitation last season.In other NFL news:— The Saints have agreed to bring back free agent cornerback P.J. Williams. Terms of the new contract haven’t been released. Williams has spent his whole career with the Saints, who selected him in the third round of the 2015 NFL draft out of Florida State. He has four interceptions in 47 career games.— The Packers have signed wide receiver Devin Funchess as he tries to bounce back from an injury-shortened 2019 season. Funchess played for the Indianapolis Colts last year but went on injured reserve after breaking his collarbone in a season-opening 30-24 overtime loss to the Los Angeles Chargers. Funchess had his best season in 2017 with 63 catches for 840 yards and eight touchdowns.COLLEGE BASKETBALL-NEWS Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSBritish Open could be postponedUNDATED (AP) — British Open organizers say postponement is an option for this year’s tournament at Royal St. George’s. ST. PAUL, Minn. (AP) — North Dakota forward Jordan Kawaguchi (kah-wah-GOO’-chee), Minnesota Duluth defenseman Scott Perunovich and Maine goalie Jeremy Swayman are the three finalists for the Hobey Baker Memorial Award, given to the most outstanding player in college hockey.Kawaguchi ranked second nationally with 45 points and Perunovich became the first defenseman to lead the NCHC in scoring. Swayman was 18-11-5 and the nation’s second-best save percentage at .939 despite facing the highest number of shots.MLB-OBIT-FARMEREd Farmer, White Sox broadcaster, former pitcher, dies at 70CHICAGO (AP) — White Sox broadcaster and former Chicago reliever Ed Farmer has died at 70. — Former baseball All-Star Jim Edmonds says he tested positive for the new coronavirus and for pneumonia. Edmonds says in a video posted on Instagram that he is symptom free now and doing “really well.” He thanked people for their well wishes. The 49-year-old played 17 major league seasons from 1993-2010, mostly for the California and Los Angeles Angels and St. Louis Cardinals. He hit 393 home runs.— The Ottawa Senators are making temporary layoffs and salary reductions because of COVID-19. The team’s parent company says the full-time workforce will be reduced starting Sunday, when the NHL club’s season was originally scheduled to end. Those not laid off could be placed on furlough. Others could have their salaries reduced. Health benefits will continue uninterrupted.— Anaheim Ducks owners Henry and Susan Samueli say they will pay their 2,100 part-time employees across all of their sports and event management companies through June 30 for work that was wiped out by the coronavirus pandemic. The Samuelis’ Anaheim Arena Management company operates Honda Center, the Ducks’ home rink. They also own two large ice hockey complexes in Orange County — including Great Park Ice, the massive new winter sports facility that houses the Ducks’ training complex in Irvine, California.— Major League Soccer has extended its training moratorium through April 24 because of the coronavirus outbreak. Team facilities are closed to players and staff — except for players requiring treatment that cannot be administered at their homes. Players are expected to remain in market with their teams during the moratorium to avoid the spread of the virus. The league will consider individual requests for players to travel to another city by car. MLS teams were two games into the season when it was suspended on March 12. A Philadelphia Union player with mild symptoms recently tested positive for the virus.— Alabama football coach Nick Saban doesn’t believe extending preseason camp for college teams around the country is necessarily the best way to get them ready for the season. Saban says that he’d prefer some “teaching sessions on the field” over the summer to prepare for camp, even if it is in shorts and T-shirts. The coronavirus pandemic led to the cancellation of spring sports, including football practices, across the nation. — DePaul men’s basketball coach Dave Leitao (LAY’-toh) has accepted a contract extension through the 2023-24 season after a year in which the Blue Demons opened 12-1 and finished 16-16. Leitao has a 122-132 record over eight seasons and two stints at DePaul. The NCAA suspended Leitao for the first three games and placed the program on probation for three years, saying he should have done more to prevent recruiting violations by his staff.— Gonzaga and Michigan were the standouts in a study that seeded men’s and women’s NCAA Tournament brackets based on graduation rates, academic success and diversity in the head-coaching ranks. Gonzaga was a No. 1 seed in both brackets released Thursday by The Institute for Diversity and Ethics in Sport at Central Florida. Michigan was a 1-seed for the men and a 3-seed for the women. Arizona State was the only other school to appear in the top 16 of both brackets. The report focused primarily on each team’s Graduation Success Rate and Academic Progress Rate scores for seeding purposes.— North Carolina athletics director Bubba Cunningham is joining the Division I Men’s Basketball Committee that selects the field for the 68-team NCAA Tournament. Cunningham is UNC’s first-ever appointee. He begins a five-year term in September and replaces Duke athletics director Kevin White, whose term ends Aug. 31.COLLEGE HOCKEY-HOBEY BAKER FINALISTHobey Baker finalists announced — The governor of Tokyo is talking about the possibility of using the under-construction Olympic Athletes Village as a temporary hospital for coronavirus patients. The massive village on Tokyo Bay will house 11,000 Olympic and 4,400 Paralympic athletes and staff. The complex will eventually grow to 24 buildings and is expected to remain empty with the Olympics delayed for 16 months.NFL-NEWSHenry accepts franchise tenderUNDATED (AP) — Tennessee Titans running back Derrick Henry has signed a franchise tender that puts him under contract for the 2020 season as the two sides work toward reaching a long-term deal with the 2019 NFL rushing leader.The Titans gave him a franchise tag March 16, a move that means he will be paid $10.2 million in the 2020 season unless they sign him to a long-term deal by July 15. Farmer was 30-43 with a 4.30 ERA and 75 saves while pitching for eight teams over 11 seasons. He was an All-Star for the White Sox in 1980, when he set a club record with 30 saves.Farmer joined Chicago’s radio booth on a part-time basis in 1991 and became a full-time analyst in 1992 alongside play-by-play announcer John Rooney. He assumed play-by-play duties in 2006 and completed his 29th season in 2019.The White Sox say he died Wednesday night in Los Angeles following complications from an illness.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6
President of world football-governing body, FIFA, has congratulated the President of Nigeria Football Federation, Mr. Amaju Pinnick on the latter’s ascension to the position of the second most important personality in African football. Pinnick, who is also Vice President of Africa’s Zone West B and Member of the Organizing Committee for FIFA Competitions, was nominated for the exalted position during the latter stages of the 2018 FIFA World Cup finals in Russia. He also commissioned six matches at the FIFA World Cup. In his letter dated 3 August 2018, Infantino wrote: “Allow me to extend to you my warmest congratulations on your recent election as CAF 1st Vice President. I have no doubt that your considerable experience, combined with your management and sports knowledge and your human qualities, will help you to overcome all future challenges in your new position in the service of the African football community. “I am convinced that, as CAF 1st Vice President, you will be able to bring your outstanding contribution to CAF and FIFA, but most importantly to the development of our beautiful game, which we both love so much. “I look forward to continuing to work with you and seeing you soon to congratulate you in person.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
Atletico Madrid welcomes Barcelona to Estadio Vicente Calderon tonight with Diego Simeone’s side hoping to overturn the 2-1 deficit carried over from the first-leg last week.It was a match shrouded in controversy following Fernando Torres’ dismissal, and Atleti will hope to channel all feelings of injustice amongst both the squad and fervent home support into a performance of the highest quality that would seal a passage though to the semi-final.While Rojiblancos head into the tie fresh from Saturday’s impressive 3-1 victory over Espanyol whilst Barcelona, in contrast, is on the ropes. Successive La Liga defeats to Real Madrid and Real Sociedad have left the club’s form in tatters and Luis Enrique will need to galvanise his squad if they are to survive Atletico’s expected onslaught.The Rojiblancos defence continues to be decimated by injuries as Jose Gimenez and Stefan Savic are both unlikely to feature once more with the pair suffering hamstring and foot injuries respectively.Barcelona will welcome back Adriano after he was medically cleared following a hamstring complaint. Gerard Pique sat out Monday’s training session as a precaution but there isn’t thought to be any injury problem with the center-half.Jeremy Mathieu and Thomas Vermaelen are both expected to miss out through injury.Fernando Torres is the only suspension for either side following his dismissal at the Camp Nou in the first-leg.Barcelona has a fairly good record against Atletico this season with Luis Enrique’s team having recorded 2-1 victories over their adversaries from the Spanish capital in both league encounters.The 2-1 Blaugrana win last week is the most recent meeting, however Atletico can look back to the 2013/14 UEFA Champions League campaign where they knocked Barcelona out of the competition at this very stage en route to the final in Lisbon.Antoine Griezmann will be Atletico’s main attacking focal point in the absence of a resurgent Fernando Torres and with the home side needing to score at least one goal to progress, it is imperative Griezmann performs at his usual high standard.Griezmann showed some signs of fatigue on Saturday but will be relied upon by his team to deliver when necessary this evening.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
Share Transformed Nektan eyes ‘break even’ comeback April 1, 2020 StumbleUpon Submit FSB selects Glenn Elliott as new COO August 12, 2020 Share Paysafe hires former Barclays UK platform lead Sujit Unni as new CTO February 14, 2020 Related Articles Income Access has announced a fresh partnership with Lindar Media, which is set to see a new affiliate programme launched for the UK-based iGaming firm.Utilising the Income Access affiliate software, affiliates are to be enabled to promote each of Lindar’s managed brands, which specialise in the bingo and casino verticals.The white label operator, founded in 2014, currently has multiple brands within its portfolio, including Circus Bingo, Oink Bingo, Wild Spins, and Pixie Bingo, as well as the Nektan powered Rich Ride online casino.Lindar also manages onlinebingo.co.uk, “the country’s only dedicated bingo portal offering cashback to players,” with the company also preparing for the release of Mr.Q, its new online bingo software.Lorenzo Pellegrino, CEO of Income Access and Digital Wallets at Paysafe, said: “We’re excited to begin our partnership with Lindar Media, and look forward to playing a role in the growth of their brands. Their innovative approach to the online bingo and casino verticals will make them a dynamic partner for affiliates to work with.”Currently working with every partner to offer “fair and sustainable commission deals,” Lindar states that it’s currently expanding its offerings to include a wider variety of revenue share and CPA deals.Through the Lindar programme members will benefit from its Business insights tool, automating marketing messages tailored to user behaviour, as well as its Business Intelligence Platform, helping gather a deeper understand of traffic and how it can be optimised.Savvas Fellas, Managing Director at Lindar Media, added: “We chose to partner with Income Access as it offers us a level of agility that satisfies our own objectives as a publisher site, particularly with the tracking of dynamic sub IDs. There is also an excellent integration with BannerFlow.com, which allows us to create both HTML5 and GIF banners. The account management service is also second to none.”
Related Articles StumbleUpon Steven Armstrong, William Hill: Betting is the lead actor in combating high risk AML threats April 22, 2020 Share Payment Expert brings together industry leaders to conclude Digital Summit Payments track April 29, 2020 Submit Share SBC Charity Boxing Championship packs a punch for Oliver’s Wish Foundation January 20, 2020 Bryan Blake – HexopaySpeaking at last week’s PaymentExpert Forum, Bryan Blake Founder & CEO of Hexopay gave SBC audiences a detailed breakdown of the current US payments landscape for gambling incumbents, and the challenges stakeholders face in interpreting and accommodating the mandate of the 1961 Wire Act… ________________SBC: Hi Bryan thanks for speaking at SBC’s PaymentExpert Forum. As a payments industry executive, what has caught your attention with regards to the betting industry’s first steps within the liberalised US wagering market post-PASPA?Bryan Blake (Founder/CEO Hexopay): The US Holy Grain of legal Sports Betting, albeit on a state by state basis, is now available our industry and it’s been long in coming with the state of New Jersey finally winning its US Supreme Court case in May 2018, with a majority of justices declaring that the US federal ban on sports wagering is unconstitutional.After the US Supreme Court’s May 14, 2018 decision to strike down the federal ban on single-game real money sports betting within the United States outside of Nevada, effectively unlocking the legislative key for states that wish to legalize and regulate sports betting within their borders to proceed and do so immediately. What this means: According to the text from the SCOTUS decision, “Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”Potential implications of the US 1961 Wire Act, without online sports betting the market size lack luster and the payment providers volume and predominant business is obtained via online or mobile sports betting channel. In addition, if the new DoJ Wire Act opinion is upheld by the courts, or actively enforced by the DoJ, the implication for the payment providers could lead to exclusion as by definition most payment processing traffic has traditionally been performed via interstate routing.There remains an issue with US Visa and Mastercard credit and debit card issuers blocking MCC 7081 (7995) entirely, some 50% of all card transactions are blocked thereby forcing Operators to educate their customers to use alternative funding methods such as:ACH, eWallet, prepaid card, cash loaded via prepaid card at retailers like 7/11 and cash at the casino/track cashier.To date, American Express and Diners are not permitting any card transactions for gaming and the word is that Discover is seeking to enter the gaming market soon.SBC: Can you detail for SBC readers, how US digital payment services are monitored/regulated, and how this current set-up clashes with the arcane mandate of the 1961 Wire Act?BB: Some history re US Sports betting (land-based and online), iPoker and iGaming:The Wire Act, also known as the Interstate Wire Act of 1961, was drafted on the recommendation of then-Attorney General Robert Kennedy to make interstate gambling illegal in a bid to tackle organised crime in the US. His brother, President John F. Kennedy, signed the act into law on September 13, 1961.The main then a breakthrough in communication technology was the copper cable land line telephone, this predates the US putting a man on the moon by nearly a decade…. The Wire Act is archaic and in essence at the time sought to check the then typical mobsters operating sports betting operations across the United States, specifically utilizing telephone communication across state lines.US gambling is regulated on a state basis, and where a state permits legal gambling at terrestrial casinos, race tracks or via Tribal Casinos, there are well entrenched, established and strictly enforced gambling laws and regulations. The original digital service providers started by providing services to the terrestrial casinos by placing ATM machines on the casino floor (note there are some states with specific laws whereby the casino is not permitted to allowed gambling on credit thus these ATM’s dispense cash to be utilized on the casino floor and are supplied and operated by 3rd party suppliersMore recently until 2016, with the spread of the popular online poker explosion originally by online operators like PartyPoker fueled by large nightly or weekly poker tournament prizes and followed by poker players and enthusiasts and television programs popularizing the WSOP and other major poker competitions taking place in US casinos in Nevada.At the time many online poker sites offered large online play for money tournaments with prizes including a player winning an all-expenses-paid and entrance ticket to the WSOP in Las Vegas. The popularity of online poker and online casino, being supplied to the US consumer by predominantly offshore providers led to the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006 and thereafter Black Friday in 2011. The thrust of these US acts was to primary stop the US consumer having access to illegal offshore betting operations and focused on the online payments aspect to stifle the flow of US consumer money to these deemed illegal websites offering no consumer protections or other problem gambling related services normally offered by regulated casinos in the US.UIGEA 2006 is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act which otherwise regulated port security. The UIGEA “prohibits gambling businesses from knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law.” The act specifically excludes fantasy sports that meet certain requirements, skill-games and legal intrastate and intertribal gaming. The law does not expressly mention state lotteries, nor does it clarify whether inter-state wagering on horse racing is legal.SBC: How much of an actual obstacle do you believe the Wire Act is for US gambling incumbents? After all sports betting has been approved by the Supreme Court of Justice – the highest US law court… BB: The new 2019 opinion from the DoJ’s Office of Legal Counsel (OLC) broadens the scope of the 1961 federal law to include interstate transmissions involving all forms of gambling. The previous, 2011 DoJ interpretation had restricted the language to sports betting — a view judicially upheld in more than one court.On January 15th 2019 Deputy Attorney General Rod Rosenstein subsequently issued a memo indicating that the OLC should refrain from enforcement for 90 days. Under that directive, operators would have until April 15 to bring their systems into compliance. Subsequently, On March 4th, 2019, the DoJ extended Wire Act non-enforcement window in which it will not enforce its revised interpretation of the Wire Act by an additional 60 days, as the original 90-day non-enforcement period was due to come to an end on April 15, 2019.The risk of the Wire Act prevails regarding:barring any gambling business from using wire communication facilities to transmit “bets or wagers” or “information assisting in the placing of bets or wagers on any sporting event or contest”.barring companies or persons from transmitting wire communications that could allow them to “receive money or credit”, either “as a result of bets or wagers” or “for information assisting in the placing of bets or wagers”.Thus, any land-based (or terrestrial) offering on a casino property or at a horse racing track or the like, a fully licensed and regulated facility can offer sports betting legally according to the specific state laws and regulations as long as all the data, servers and the like remain fully within the confides of the state. The complications are squarely pertaining to any data which crosses state lines, for instance multi-state lottery, multi-state poker compacts (like NJ, DE and NV), and the provision payment processing where data crosses outside of the specific state akin to online payment processing as the customer funds their account online (with data flowing across state lines) and not just at the cashier located on the property of the casino or race track.SBC: With regards to Wire Act interpretations, should a legislative mandate that is 58-years old, and conceived before the digital age be interpreted by any stakeholder?BB: Online sports wagering and mobile sports wagering – both within state lines – would be endangered. Daily fantasy sports, however, wouldn’t be impacted.In 2001, Nevada legalized online gaming and several sites went live. However, the Justice Department issued a warning saying the activity was in violation of the Wire Act. The sites were quickly shut down.To do the same thing now, shut down everything, would cause real complications for the gaming industry… this is a tough callSBC: Beyond the Wire Act debate, is US gambling in need a rethink in terms of regulatory provisions governing payments for betting and protecting consumers?BB: Yes… since US issuing banks of credit and debit cards are restricting/blocking MCC 7801 (7995) transactions, their rationale for this to date has been that the US iGaming sector is too small a percentage of their business to really be concerned re the required due diligence and compliance, thus just easier to ignore the situation and block the 7801 (7995) transactions.However, in light of the legalisation of sports betting on a state by state basis, the US payments industry is renewing its interest in the sector.I feel that the US payments sector should add services for the location of players, In addition, the bolstering of anti-fraud is another aspect to be reviewed, as the US cards scheme setup does not currently facility anti-fraud and card security measures like in Europe, 3DS, for instance, is the exception and not the norm.This reshuffle will definitely help the longevity of a very stable sector while doing its utmost to mitigate risks…____________________Bryan Blake – Founder & CEO – HexopayContent provided by
AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. — The APlex in Alpena will soon be upgrading it’s facilities to include artificial turf. Athletes in the area will have the opportunity to participate in sports usually played only in the warmer months. This includes soccer, baseball, softball, and more.Facility Manager, Norm Sommerfeld says this new surface is going to keep those who play these sports on their game. “Our kids kind of get cheated out of a lot of time on baseball and softball fields and soccer fields waiting for winter to end,” he said. “This is going to give them an opportunity starting in October all the way through until they can get on their normal fields for their normal season.”Along with these sports, Sommerfeld explained that the new surface will support a number of other activities as well. “There’s many things that we can do on it. We can have family reunions. We even have a cheerleader camp that’s talking about coming. It’s going to add a whole new bunch of clients to this place and some of them have never ever been here before.”The new surface will be available for rent on weekends. It’s still being set up, but Sommerfeld added that they’re just waiting for some tools to arrive and he’s looking for it to be ready by Feb. 28.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: Alpena AplexContinue ReadingPrevious Oscoda-Wurtsmith airport named top contender for future space launchNext Alpena DDA hosting Leap Day festivities for a chance to win local prizes