Kentucky eyes legal sports betting, DFS and online poker

first_img Topics: Casino & games Legal & compliance Sports betting Poker DFS Kentucky eyes legal sports betting, DFS and online poker Kentucky lawmakers are to run the rule over a new bill that would legalise sports betting, fantasy sports games and online poker in the US state. 12th February 2019 | By contenteditor Regions: US Kentucky Casino & games Subscribe to the iGaming newsletter Email Address Kentucky lawmakers are to consider a new bill that would legalise sports betting, fantasy sports games and online poker in the US state.Sponsored by 15 Representatives, House Bill 175 would enable racetracks and sports venues in Kentucky to offer in-person, online and mobile sports betting, with players required to first register for an account at the venue.Sports betting licences would cost an initial $1m (£776,400/€885,400), plus an annual renewal fee of $50,000.Tax rates for sports wagering would differ depending on how players place their bets, with all tax due monthly. In-person wagering would be taxed at 10.25% on adjusted gross revenue of sports wagers, while online or mobile bets would be taxed at a rate of 14.25%.Should the bill pass, the Kentucky Horse Racing Commission would regulate the state’s sports wagering market, across land-based, online and mobile platforms.Fantasy sports licences would set operators back $5,000, with an annual renewal fee of either 6% of adjusted gross revenue for the prior calendar year or a flat fee of $5,000.The bill did not specify any tax rates for fantasy sports contests, but it did state all operators that meet the state’s requirements must be registered by January 15, 2020.In terms of online poker, consumers aged 18 or over would be able to take part in games, differing from the age restriction of 21 that has been proposed or adopted in other states. Poker would be available via desktop and mobile devices. Licences to offer online poker would cost $250,000, with an annual renewal fee set at $10,000. Operators would face a tax rate of 6.75% of net poker revenue, payable on a monthly basis.In terms of which poker games would be legally available online in Kentucky, the bill defines poker games as: “including, but not limited to five-card draw, seven-card stud, and Texas hold’em”.The bill is now with Kentucky’s House Licensing, Occupations & Administrative Regulations Committee for further consideration. The state’s current legislative session is due to conclude on March 29.Kentucky has a somewhat chequered past in terms of online gaming, having been involved in a long-running lawsuit with PokerStars that saw the brand issued with a fine of $870m for illegal activities in the state between October 2006 and April 2011.However, the Kentucky Court of Appeals recently quashed the ruling, saying it would “lead to an absurd, unjust result”.Image: Andreas Faessler Tags: Card Rooms and Poker Fantasy Sports Mobile Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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Stars Group appoints Chhabra as CEO for Fox Bet

first_img Topics: People Sports betting Strategy Subscribe to the iGaming newsletter The Stars Group has appointed its chief corporate development officer, Robin Chhabra, as CEO of its new Fox Bet US sports betting joint venture with Fox Sports.Read the full story on the iGB North America site now. Tags: Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Stars Group appoints Chhabra as CEO for Fox Bet The Stars Group has appointed its chief corporate development officer, Robin Chhabra, as CEO of its new Fox Bet US sports betting joint venture with Fox Sports. 10th May 2019 | By contenteditor People Regions: US Email Addresslast_img

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iGaming booms under lockdown as Portugal sets H1 GGR record

first_img Online gambling revenues drastically increased in Portugal during lockdown, with operators bringing in revenue of €138.9m, up 44.2%, in the first half of 2020, new figures from the Serviço de Regulação e Inspeção de Jogos (SRIJ) have revealed. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games 24th August 2020 | By Daniel O’Boyle Email Address iGaming booms under lockdown as Portugal sets H1 GGR record Portuguese online gambling revenue drastically increased under lockdown, with operators bringing in revenue of €138.9m (£125.4m/$164.4m) in the first half of 2020, up 44.2% year-on-year, new figures from the Serviço de Regulação e Inspeção de Jogos (SRIJ) reveal.However, this boost appeared to be short-lived, with June revenue already returning to pre-pandemic levels.Over the first half of 2020, sports betting revenue increased by 15.9% compared to the same period in 2019 to €55.2m, while online casino revenue shot up 74.1% to €83.7m. This €138.9m revenue figure came on stakes of €2.53bn, a 62.5% year-on-year increase.Despite the growth in revenue, sports betting stakes declined 1.5% to €239.9m. Online casino stakes, meanwhile, grew roughly in line with revenue, to €2.29bn.“We can conclude that the closure of the casinos contributed to a significant increase in the respective volume of online gambling, which gradually stabilised, approaching the values ​​prior to [the novel coronavirus (Covid-19) pandemic,” the SRIJ said.“This reality seems to indicate a preference of the players to bet in a regulated and controlled environment, because even though they are ‘used’ to frequenting physical spaces to play, they chose, instead, to play on legal online sites.”The regulator did not break down revenue by quarter but sports betting stakes for the second quarter of 2020 totalled €90.7m while casino stakes came to to €1.32bn. This three-month total was higher than amounts wagered over the six months to 30 June, 2019.Sports betting stakes were highest in January and February – before Covid-19 cleared the sporting calendar – at €61.7m and €56.7m respectively. Stakes then fell to €30.8m in March, and declining to just €7.7m in April. The vertical then began to recover in May, with amounts wagered rising to €27.4m, before returning to pre-pandemic levels in June, at €55.6m.Football was by far the most popular sport for betting before, during and after lockdowns, ranging from a low of 71.7% of stakes in January to a high of 86.3% in June.Tennis followed and saw a significant jump in stakes in May, making up 22.7% of bets, before falling back to 9.4% in June, close to pre-pandemic levels. Basketball was the third most popular sport for betting, but the suspension of the NBA, which only resumed in July, meant stakes were much lower in the second quarter of the year than the first.Turning to casino games, stakes came to €304.9m in January and €286.5m in February, before increasing under lockdown when land-based casinos were closed. In March, players staked €381.8m while in April this figure grew to €479.3m and stakes remained high in May at €468.3m before June saw amounts wagered fall to €371.9m.“The increase in the volume of bets on online games of chance was observed in all types of games, keeping the relative weight of each game stable over the period,” the regulator noted.Online poker helped drive the growth in revenue, however, as it saw a growth in stakes from 9.4% of overall casino stakes in February to a high of 14.4% in April. However this again appears short-lived, as poker made up a smaller portion of casino revenue in June than in January or February.Online slots remained the most popular game, but declined in popularity slightly under lockdown, from 69.9% of stakes in January and 74.4% in February to 61.3% in April before growing to 66.9% again in June.While revenue grew, there was not as an significant increase in the number of new account registrations during the lockdown period. While new registrations did peak in March at 60,000, this was not far above January’s 53,500 of February’s 43,900, while registrations then fell in April to 53,200 and to a low of 33,500 in May before recovering slightly in June.New registrations made up 18% of casino players in March and April, compared to just 3.5% of sports bettors.As of 30 June, 10 licensees were permitted to offer sports in Portugal, and 13 were licensed to offer casino games, an increase from 8 and 10 respectively at this point in 2019. Topics: Casino & games Finance Sports betting Poker Slots Regions: Europe Western Europe Portugal Subscribe to the iGaming newsletter Tags: Card Rooms and Poker Mobile Online Gambling Slot Machineslast_img read more

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Sun International begins restructuring after Covid-19 H1 hit

first_img Sun International begins restructuring after Covid-19 H1 hit 1st September 2020 | By contenteditor South African casino operator Sun International has reported a 56.2% year-on-year decline in revenue for the first half of the year, after novel coronavirus (Covid-19) forced its properties to close midway through the first quarter of 2020. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter South African casino operator Sun International has reported a 56.2% year-on-year decline in revenue for the first half of the year, after novel coronavirus (Covid-19) forced its properties to close midway through the first quarter of 2020.The operator will now look reshape its business in the wake of the pandemic. This will see it divest its Latin American and Nigerian businesses as part of a retrenchment exercise that will also see significant job losses in its native South Africa.Revenue for the six months to 30 June fell to ZAR3.71bn (£165.0m/€184.9m/$221.6m), after its land-based operations ground to a halt from mid-March.Its Chilean operations were suspended from 18 March, with its core South African properties all closed by 26 March. Operations in Argentina, Colombia, Panama and Peru then shut down by the end of that month.This resulted in South African revenue dropping 55.2% to ZAR2.47bn, with LatAm’s contribution falling 58.1% to ZAR1.17bn. Nigeria and the kingdom of eSwatini, its smallest segment, contributed a further ZAR66m, down 57.7%.After operating costs, earnings before interest, tax, depreciation and amortisation (EBITDA) plummeted 96.3% to ZAR79m. Once depreciation and amortisation charges of ZAR785m were factored in, the business swung to a ZAR706m operating loss for the period, compared to a ZAR1.25bn operating profit in H1 2019.The significant hike in depreciation and amortisation came amid plans to significantly restructure Sun International’s operations, with the operator launching a Section 189A retrenchment exercise, or redundancy process.This will impact its Sun City, Maslow Sandton, Boardwalk, The Table Bay and Wild Cost properties in South Africa, and may see up to 2,300 employees lose their jobs, resulting in personnel cost savings of approximately ZAR280m.Naledi Casino and Carousel Casino have been closed permanently, while Table Bay and Maslow Sandton will only reopen when the operator sees sufficient demand.A similar process is underway in Chile, where Sun International holds a 65% stake in the Sun Dreams business. It is in the process of divesting that stake, with local operator Pacifico Sur acquiring a 14.94% stake in the business, and will increase Sun International’s remaining 50% holding, subject to regulatory approval.The operator explained that the disruption and financial hit caused by Covid-19, especially with upcoming licence renewals, meant it was no longer viable to retain its stake.As a result, 1,000 employees in Chile have been offered voluntary redundancy, with 451 staff taking up the option to date.Its operations in Nigeria and eSwatini, meanwhile, are to be divested. In Nigeria, it may resume operations, but has not yet done so due to a lack of demand, and there is no indication as to when the eSwatini business will be allowed to resume.Sun International is therefore looking to divest its operations in each market. The ruler (Ingwanyama) of eSwatini is to take up his option to acquire its stake in the Royal Swazi Spa Valley Resort.After a ZAR2m gain from foreign exchange adjustments, and ZAR665m in interest payments, resulting in a pre-tax loss of ZAR1.37bn. Once a ZAR255m income tax benefit was factored in, plus a ZAR229m share of profits from minority interests, Sun International posted a ZAR885m net loss for the half year period.“The Covid-19 pandemic has hit the gaming and hospitality sector particularly hard and forced us to make some tough choices to protect the business and to as far as possible limit the impact on employment, “ Sun International chief executive Anthony Leeming said.“While we anticipate the recovery will take time, we have placed the group on a firm footing for the future, realising operational and cost efficiencies and improving the guest experience that will position the group for growth when the outlook improves.“Looking to the beginning of the second half, the operator said that casino revenue for July amounted to ZAR234m, or 39.0% of July 2019’s total. Revenue from limited payout machines (LPMs) came to ZAR55m, or 49.1% of the prior year’s figure, with the contribution from its sports betting brand SunBet rising marginally to ZAR12m.The first 27 days of August, meanwhile, resulted in casino revenue of ZAR290m, or 56.1% of the prior year total. LPM revenue showed signs of recovery, with ZAR72m representing 73.5% of last year’s figure, and SunBet income increased to ZAR13m.For that business, SunBet launched draw-based games in July, with additional live dealer titles to follow. The operator is also pushing the South African Department of Trade and Industry for land-based casinos to be granted rights to offer online casino.center_img Topics: Casino & games Finance Regions: Africa LATAM Southern Africa South Africa Chile Casino & games Email Addresslast_img read more

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LeoVegas issues senior unsecured SEK500m bond

first_img Topics: Finance Subscribe to the iGaming newsletter LeoVegas issues senior unsecured SEK500m bond 4th December 2020 | By Robert Fletcher “We are pleased with the positive response that LeoVegas received from the bond market, appreciating LeoVegas’ strong cash flows and growth prospects,” LeoVegas group chief executive Gustaf Hagman said. Regions: Sweden LeoVegas, which intends to apply for listing of the bonds on Nasdaq Stockholm Corporate Bond List, will use proceeds from the issue to support its expansion strategy, refinance existing debt and finance potential acquisitions. As announced last month when details of the bond issue were first revealed, Swedish financial institutions Skandinaviska Enskilda Banken (SEB) and Swedbank acted as arrangers and joint bookrunners for the issue. Email Address In conjunction with the issue, LeoVegas has also entered into a new three-year revolving credit facility agreement of €40m. “Together with a strong balance sheet, LeoVegas has a stable financial position, which gives us excellent conditions to continue delivering on our expansion strategy – focusing on organic expansion as well as strategic and complementary acquisitions.” LeoVegas last month also reported marginal year-on-year growth for the third quarter of 2020, with revenue up 0.8% to €88.9m. The operator said growth was slowed by Sweden’s temporary restrictions on spend for online casino, which it has opposed from the outset. Tags: LeoVegas Finance LeoVegas Group has successfully issued a senior unsecured bond of SEK500m (£44.1m/€48.8m/$59.3m) under a framework of SEK 800m. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The bonds have a tenor of three years and a floating interest rate of Stockholm Interbank Offered Rate (STIBOR) three months plus 550 basis points, and will mature in December 2023.last_img read more

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MGM Resorts names Halkyard as new finance chief

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Management MGM Resorts names Halkyard as new finance chief Halkyard most recently served as president and chief executive of budget hotel chain Extended Stay America and real estate investment trust ESH Hospitality, prior to which he spent 13 years in leadership roles at Caesars Entertainment, including a spell as CFO. Topics: Finance Management Email Address Subscribe to the iGaming newsletter Casino giant MGM Resorts International has appointed Jonathan Halkyard as its new chief financial officer. Read the full story on iGB North America. As CFO, Halkyard will serve on MGM Resorts’ senior management team and have responsibility for all finance-related activities across its US and global portfolio, as well as investor relations, accounting, treasury, procurement and tax. 7th January 2021 | By Robert Fletcher Halkyard will succeed Corey Sanders, who returns to the role of chief operating officer of the business – which he held before shifting to the CFO position in February 2019 – and report directly to president and chief executive Bill Hornbuckle. Regions: US He was also part of the leadership team that oversaw the $30bn sale of Caesars Entertainment to private equity giants TPG and Apollo and drove over $200m of savings post-closing. Tags: CFO MGM Resorts Internationallast_img read more

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Entain to give customers voice in policy debate with Players’ Panel

first_img Regions: UK & Ireland It is designed to allow them discuss issues related to gambling. They will also be connected to political decision-makers, the media and other stakeholders, to share their individual perspectives on the industry. Tags: Entain Gambling Act Review Entain to give customers voice in policy debate with Players’ Panel “No one wants to see kids betting or people putting themselves at risk, but freedom of choice and personal responsibility are also really important. There must be more that can be done to protect people, but we have to get the right balance.” Entain said the panel would support this process, by allowing customers that gamble responsibly an opportunity to contribute to a balanced debate. The Players’ Panel is made up of customers from across Entain’s brands such as Ladbrokes, Coral and Gala Bingo. Members sign up voluntarily, with no payment in return.  Formation of the panel coincides with the UK Government’s review of the 2005 Gambling Act, which launched in December last year.  Its survey suggested that 30% of customers had either indirect or indirect experience of gambling with unlicensed operators, and 45% claimed they would consider moving offshore if they were required to provide proof of income in order to gamble.  While it did not provide figures for this statement, it said younger consumers were more likely to have experience of gambling with black market operators, and were more likely to consider it as an option should a £2 stake limit be imposed.  Elizabeth, one of the Players’ Panel members and a health and safety executive from Walsall, said there were “loads” of people like her, who played slots and bingo for fun. Furthermore, 81% of Entain’s customers believe that it is down to the individual to decide whether to gamble. The number that believe that individual responsibility extends to how much each player gambles fell to 68%. Topics: Legal & compliance Social responsibility Licensing Regulation CSR Problem gambling Responsible gambling “Until now we didn’t have any voice in the elite debate about gambling – even though it’s our hobby that’s being discussed,” she said. Subscribe to the iGaming newsletter Another member, library worker Ken from Newcastle, said bingo and sports betting were his form of social entertainment, whereas others may go to the cinema or the pub. center_img “Betting and gambling is a popular pastime for many people, yet the individuals who take part in it regularly and recreationally are rarely asked their opinion,” Entain’s corporate affairs director Grainne Hurst commented. The launch of the panel was accompanied by the results of polling carried out by Entain, gathering views on key issues around betting and gambling. This saw 1,781 customers polled, in July 2020.Of those polled, 73% were of the opinion that betting and gaming was a normal leisure activity, with 79% of respondents stating individuals should be free to choose what activities they participate in.  1st February 2021 | By Robin Harrison “Like most people I’m fair with my betting,” Ken said. “The small amount that I am prepared to lose is around the cost of two pints of beer a week, and I believe I get good value for money.  Regulation “There are so many people out there like me and I’m glad to get our voice heard through The Players’ Panel.” The call for evidence issued by the Department of Culture, Media and Sport runs until 31 March, and will see issues such as stake limits, gambling advertising and the role of the GB Gambling Commission come under the spotlight.  For staking limits, 71% were of the opinion that these should be voluntary and set by players themselves.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Those that believe individuals are best placed to decide how much they can afford to gamble then fell to 64%.  Entain has formed a new Players’ Panel, to give its customers a platform to discuss gambling-related issues in Great Britain with a range of industry stakeholders. While the Gambling Commission has looked to play down the potential threat from offshore operators, Entain’s survey then looked to counteract these claims. “At Entain we are committed to putting our customers first, and the Players’ Panel is an additional way to ensure that the voice of our regular customers, are considered in the debate about the future of our industry” Email Addresslast_img read more

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Kindred launches SEK190m share buyback programme

first_imgThe current total number of outstanding shares in Kindred is 230,126,200, with the operator only holding 2,971,358 shares. Kindred Group’s board of directors has approved plans for the Unibet operator to commence a share buy-back programme worth up to SEK190m (£16.1m/€18.7m/$22.5m), Tags: Kindred Group Regions: Sweden Finance Kindred launches SEK190m share buyback programme Following the programme, Kindred intends to cancel the repurchased shares, subject to approval at its annual general meeting in May. Kindred will be able repurchase up to 2,000,000 of its own shares, but must also ensure its holding does not exceed 10% of total outstanding shares in the group. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The scheme, first agreed at an extraordinary general meeting in June 2020, will run between 1 March and 30 April, with the aim of returning excess cash to shareholders. Confirmation of the programme comes after Kindred last month reveal that its full-year revenue in 2020 passed the £1bn mark for the first time, thanks to new highs in active customers and major growth in new markets. Full year revenue grew 23.9% to £1.13bn for the year. Share repurchases will be made on the Nasdaq Stockholm in Sweden, with the operator only permitted to spend up to SEK190m. Payments must also be made in cash. 1st March 2021 | By Robert Fletcher Subscribe to the iGaming newsletter Topics: Finance Strategy Email Addresslast_img read more

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Hero Group extends sponsorship support to Keshavan

first_img PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know Football Formula 1 WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Just days before featuring in his sixth Winter Olympics in Pyeongchang, South Korea, India’s top luger Shiva Keshavan has got a morale booster as he has got assurance from his sponsors of their continued support which will help him prepare for the Games.Hero Electronix and Hero FinCorp, part of the US$10 billion Hero Group, said they would continue to sponsor Keshavan during the Pyeongchang Winter Olympics. TAGSHERO ELECTRONIXHERO FINCORPHERO GROUPSHIVA KESHAVANWINTER OLYMPICS PYEONGCHANG SHARE Cricket Cricket Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros By Kunal Dhyani – January 30, 2018 Previous articleBravo on ₹6.4 cr deal: ‘Honoured to be retained by CSK’Next articleDD add James Hopes, Subhadeep Gosh to coaching staff Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Cricket Latest Sports News Cricket Share on Facebook Tweet on Twitter Cricket Hero Group extends sponsorship support to Keshavan F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd Cricket WI vs SA 2nd Test Day 3 Live: Rain stops play; South Africa in huge trouble, SA 66/6 (24.3 ov)- Follow Live Updates YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndo WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Latest Sports NewsSports BusinessNewsSportSportstars WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Like24/7 SportsIt’s Amazing To See How These NBA Stars Have Changed Since College24/7 SportsUndoE! OnlineCNN’s Christiane Amanpour Undergoes Surgery After Cancer DiagnosisE! OnlineUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoHero Electronix and Hero FinCorp have been supporting Shiva for the last couple of years as he participated and won several medals at the international level. They have decided to continue to support Keshavan during the Winter Olympics.The Winter Olympics will be held from February 9 to 25.Ujjwal Munjal, Founder-Director of Hero Electronix, said, “Shiva’s story is truly awe-inspiring and his passion inspiring. He exemplifies pursuing the uncharted path and has made strides in a sport like Luge, where he has been the sole participant from India for decades. Hero Electronix is proud of its association with Shiva and salutes his sportsmanship and wish him the best as he prepares to represent India.”Keshavan said, “Representing India at Winter Olympics is a huge responsibility and an even bigger honour. I want to thank Hero Electronix as well as Hero FinCorp. If it were not for the support of my sponsors and well-wishers, I would not be doing what I am doing right now.”Abhimanyu Munjal, Jt. managing director & CEO, Hero FinCorp says, “Shiva’s persistence and tenacity has enabled him to perform at the highest levels with world-beating performances. He has brought awareness of the sport of luge in India and contributed immensely to its development here. He is a role model for people looking to tread a differentiated path and building their futures on the back of their dreams and hard work. Similar philosophy and practices resonate with all of us at Hero FinCorp, and indeed are the reasons that within a short span of time we have achieved significant growth in terms of size of asset book, scale of operations and overall shareholder value creation. Hero FinCorp and I are very proud of our association with Shiva and wish him the best as he prepares to represent India at the 2018 Winter Olympics.”Shiva Keshavan is the first and only Indian to represent the country in the sport of Luge. The man to make his Olympic debut in Nagano in 1998 will be participating in his sixth Olympics at Pyeongchang, a feat shared by only two other Indians.Shiva has won several medals for India over the years – four Asian Gold medals, four Silver medals, and two Bronze medals – and currently holds the Asian speed record. Football BCCI to form committee to take call on compensating domestic cricketerslast_img read more

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A black Hyundai: That’s all Usain Bolt needs from his football…

first_img Cricket WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Copa America 2021 VEN vs ECU LIVE: When and where to watch Venezuela vs Ecuador LIVE streaming in your country, India, Follow live update Football Football by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndoGeorgetown UniversityLearn from Anywhere This Summer with Georgetown’s Online Summer CoursesGeorgetown UniversityUndoTreehuggerHow To Protect Yourself Against CyberthreatsTreehuggerUndoSo, what is the deal in what has to be a big deal for the man who to his credit has multi-million deals with the brands like Visa International, Gatorade, Hubolt, Virgin Media, All Nippon and mobile game Temple Run.Also Read: Child prodigy to $33m brand; Bolt completes a full circleBolt, the $60 million sports icon, will be reaching Gosford, 75 kilometres from Sydney, this weekend. What does the club pay to have this “Golden Jackpot” in its colours?What does the man needs to travel whose personal luxury vehicles fleet includes a Red Ferrari F430, a Ferrari Convertible, a BMW M3,  among numerous luxurious beauties. Such icons don’t come without a long list of demands.However, that is not the case with the sprint icon who enters the club like a trainee – to hone his skills to be a pro. “We’ve had no requests for private bodyguards, personal masseurs, chauffeurs. Nothing about providing bottled water from France, either,” Mariners chief executive Shaun Mielekamp told the Sydney Daily Telegraph.Also Read: Kohli steps into Bolt’s shoes for Puma’s NETFIT campaignAll the star sprinters needs from his Australian club is Hyundai car for his local travel. Black is the colur of his choice.There is no entourage. No big coasts. Professional sports clubs do not get such lucrative deals every day!However, in spite of Usain Bolt’s low profile presence, the club will have to make some extra arrangements in terms of security – not just for Bolt but also to control fans who are likely to turn up in big numbers for trainings sessions.Also Read: Usain Bolt: A nine-year legacy established over nine secondsBolt dominated sprinting since taking double individual gold at the Beijing Olympics in 2008. He went on to win a further six Olympic golds and pick up 11 world titles.The epochal sprinter, Bolt is an impressive athlete on just on the football field but on a golf course and a cricket field too.Read More: Sindhu joins Bolt, Messi, Serena in big Endorsement League WI vs SA 2nd Test Day 3 Live: South Africa in huge trouble; SA 59/6 (22.3 ov)- Follow Live Updates Facebook Twitter Previous articleEngland unchanged for third TestNext articleMumbai City FC appoints FC Porto’s Champions League winning captain Jorge Costa as head coach Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Copa America 2021 COL vs PER LIVE: When and where to watch Colombia vs Peru LIVE streaming in your country, India, Follow live update For Usain Bolt a step on the track will be worth lakhs of dollars. A superstar athlete. An icon who commands more brand value than most of sporting heroes. Whose professional fee for a single promotional appearance may run up to ₹ 2.75-3 crore ($400,000). The man, dreaming to make it big as a professional footballer following his unparalleled career on the track, has signed with Australian Central Coast Mariners.Usain Bolt will start his stint with Central Coast Mariners on Saturday, August 18, to pursue his goals to excel as a professional football star. The club has agreed to an indefinite training stint to the fastest man on planet earth – the eight time Olympic champion runner. Euro 2020, Ukraine vs Austria: Ukraine to ensure round of 16 berth against Austria, Follow Live Updates Cricket Football Cricket SHARE Copa America 2021 A black Hyundai: That’s all Usain Bolt needs from his football club in Australia By Kunal Dhyani – August 14, 2018 FootballLatest Sports NewsSportNewsSportstars RELATED ARTICLESMORE FROM AUTHOR Football Euro 2020 MKD vs NED LIVE, North Macedonia vs Netherlands: North Macedonia to inflict a surprise defeat on Netherlands YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Share on Facebook Tweet on Twitter Cricket Football Euro 2020, Italy vs Wales LIVE: Matteo Pessina goal helps Italy beat Wales, finish top of Group A with flawless record; Follow Live Updates last_img read more

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