Sportech confident of 2017 targets as company begins to hear suitors

first_imgShare Ian Hogg joins RPM Gaming as Chairman May 5, 2020 Submit UK Tote gains international ‘commingling pool ecosystem’ with Sportech April 17, 2020 Sportech highlights new client wins under lockdown June 26, 2020 StumbleUpon Related Articles Share Richard McGuire – SportechPresenting its Q3 2017 trading update (period ending 30 September), London-listed betting systems provider, Sportech Plc has detailed a strong continued momentum for its operations and services, as the company prepares to review initial bids for its outright sale.Driven by the growth of its ‘Racing & Digital’ division and international venue assets, Sportech would record a Q3 2017 group revenue increase of 7.6% to £18.3 million (Q3 2016: £17.0 million).Updating the market, Sportech governance is confident of hitting its full-year 2017 corporate expectations, as the company details year-to-date group revenues of £54.7 million.Detailing corporate highlights, Sportech governance noted the significant uptake of its ‘Bump 50:50’, US and Canada the in-stadia sports raffle product, which recorded increased revenues by 41.5% in Q3, vs Q3 2016, following further partnership signings.Sportech continues to expand its footprint within US racing, the company stated a strong opening to its enlarged Stamford Connecticut Sports Bar venue.Updating investors on its planned corporate sale (formal process triggered 19 October), Sportech governance detailed that it has begun to provide potential suitors of the company with access to due diligence information.Richard McGuire, Non-Executive Chairman of Sportech, commented on the trading update: “The Group has continued to trade well in the first few weeks of the current quarter and the outcome for the full year remains in line with Board expectations. During the coming weeks, we expect to provide a further update on the proposed distribution to shareholders and, at the appropriate time, provide further comments relating to the ongoing Formal Sale Process. Our financial position remains robust, and will benefit further from annualised cost savings of at least £2 million.”In its trading update, Sportech governance highlighted the firm’s strengthened cash-position, which at present stands at £68 million, with the company holding no long-term liabilities.Sportech governance aims to conclude opening acquisition discussions by the end of the year, with the company seeking to update stakeholders in January 2018.last_img read more

Financial benefits for SA from renewables exceed costs

first_img23 January 2014An independent study by the Council for Scientific and Industrial Research (CSIR) has found that renewable energy from South Africa’s first wind and solar (photovoltaic, or PV) projects brought R0.8-billion more financial benefits to the country than they cost during 2014.The benefits earned were two-fold. The first, derived from diesel and coal fuel cost savings, is pinned at R3.7-billion. This is because 2.2 TWh (terawatt-hours) of wind and solar energy replaced the electricity that would have otherwise been generated from diesel and coal (1.07 TWh from diesel-fired open-cycled gas turbines and 1.12 TWh from coal power stations).The second benefit of R1.6-billion is a saving to the economy derived from almost 120 hours of so-called “unserved energy” that were avoided thanks to the contribution of the wind and solar projects. During these hours the supply situation was so tight that some customers’ energy supply would have had to be curtailed (“unserved”) if it had not been for the renewables.Therefore, renewables contributed benefits of R5.3-billion in total (or R2.42 per kWh of renewable energy), while the tariff payments to independent power producers of the first wind and PV projects were only R4.5-billion (or R2.08 per kWh of renewable energy), leaving a net benefit of R0.8-billion.Dr Tobias Bischof-Niemz, who heads up the CSIR’s Energy Centre, explains: “The study was based on actual hourly production data for the different supply categories of the South African power system (e.g. coal, diesel, wind, PV). We’ve developed a methodology at the CSIR Energy Centre to determine whether at any given hour of the year renewables have replaced coal or diesel generators, or whether they have even prevented so-called unserved energy.”This CSIR methodology was fed with cost assumptions from publicly available sources, such as Eskom’s interim financial results from 2014 for coal and diesel costs, the Department of Energy’s publications on the average tariffs of the first renewables projects, and the Integrated Resource Plan on the cost of unserved energy.Because the study was an outside-in analysis of the system operations, conservative assumptions for the system effects and for the costs of coal were chosen. Given this, the actual cost savings that renewable energy sources brought during 2014 are presumably higher than shown by the study.“Our study shows that in 2014, renewable energy provided a net financial benefit to the country. Without the first solar and wind projects, we would have spent significant additional amounts on diesel, and energy would have had to be unserved during approximately 120 additional hours,” Bischof-Niemz says.“What is more, the cost per kilowatt hour of renewable energy for new projects is now well below R1 for solar PV and between 60c and 80c for wind projects. That will keep the net financial benefits of renewables positive, even in a future with a less constrained power system.”The CSIR intends to continue to monitor the fuel-saving and security-of-supply benefits of renewable energy.The agency undertakes directed and multidisciplinary research, technological innovation as well as industrial and scientific development to improve quality of life. In July 2014, the CSIR established an integrated energy research centre, which focuses on the key energy challenges of the country and the region and consolidates the energy-related research taking place across the CSIR.Source: CSIRlast_img read more

CGF not to be blamed for Delhi CWG missed deadlines: Hooper

first_imgFile photo of CGF CEO Mike Hooper talking on the phone at the Games Village in New Delhi. PTI Photo Commonwealth Games Federation boss Mike Fennell might talk about sharing the blame for poor preparations of the Delhi mega-event but its CEO Mike Hooper says the CGF cannot be held responsible for the Organising Committee’s failure to meet deadlines.”I take responsibility for my areas of responsibility, and that has been working very hard with the organising committee to get things done. Now, at the end of the day, I’m not a construction engineer. I’m not a builder,” Hooper told ‘TVNZ’.Hooper said the developers of the venues did not hand them over to the OC on time and this has led to the current crisis.CLICK HERE FOR MOREHow showpiece turned shocker CWG: Army to bridge the gap Village filth that raised a global stinkFrom Village to Nehru stadium in 7 min flat”We’re at the hands and the mercy of, effectively, the government of India, the Delhi government, the agencies responsible for delivery of the venues. They consistently failed to meet deadlines,” he said.”Now, we were very active, very strong in pushing for this to be done. The actual venues were not handed over effectively – and I say handed over from the point of view of getting venue-completion certificates and occupancy certificates,” he added.Hooper said the organisers did not act despite repeated reminders by the CGF.”…the very frustrating thing is we have consistently spoken out loudly and clearly, consistent in our reporting: ‘Get these things done. Get these venues delivered. Focus on the operational delivery of the Games.’advertisement”And unfortunately, we are where we are. Now, we can all do these post-mortems later, Paul. The reality is right now we need to focus on getting as much as we can done. It is unfortunate that we had to go as public as we did yet again,” he added.On Saturday, Fennell had stated that the CGF shared the blame for Delhi’s under-preparedness.Malaysian sprinter Siti Zubaidah pulls out of CWGThe growing list of athletes pulling out of the Commonwealth Games got longer on Sunday with Malaysian sprinter Siti Zubaidah Adabi withdrawing from the crisis-hit event citing poor form.The 24-year-old Siti became the first Malaysian athlete to pull out of the October 3-14 mega-event after failing to clock a good timing in the Armed Force meet in Ipoh last weekend.Siti was supposed to compete under Category B in the Games after she failed to beat the qualifying mark of 11.40 seconds, which is the sixth placing mark of the 2006 Melbourne Games.She, however, was selected to compete in the Delhi Games under Category B for clocking a personal best of 11.81 in the 100m at the Asian Grand Prix in Pune, India in June.”She could not not clock a good time in the Armed Force meet because she had just recovered from a right heel injury,” National chief coach Harun Rasheed was quoted as saying in the ‘Star Online’.Considering her poor form, Siti, who finished a disappointing fourth in the women’s 100m final in the Armed Forces meet, was advised to skip the Games to focus on the Asian Games in November by coach Harun.”Siti is the member of the 4x100m relay team who have qualified on merit for the Asian Games,” said Harun.Disappointed to miss the Games, Siti said she would look to put up a good performance in the Asian Games.”I was looking forward to my debut in the Games but it was just unlucky that I injured my heel and could not train for few weeks.”Despite recovering from the injury, I failed to impress coach Harun in the Armed Forces meet and he advise me to skip the Games in New Delhi,” said Siti in Kuala Lumpur, adding that she would continue her training to make her debut in the Asian Games.I am satisfied and excited about CWG, says Suresh KalmadiUnder attack from all quarters but defiant nonetheless, Commonwealth Games Organising Committee chairman Suresh Kalmadi on Sunday said his enthusiasm for the event remains intact and he can’t wait for it to get started come October 3.”I am a satisfied man. I am excited about the Games and can’t wait for it to start rolling,” Kalmadi told PTI in New Delhi as he took a tour of the Village to oversee the last-minute work going on in the campus spread over 63.5 hectares.advertisementAsked about the negative publicity that the Village got after foreign delegates complained about lack of hygiene and cleanliness, he said, “My job is to deliver the Games. The construction of venues was not done by me. I only wish if they were handed over to us much earlier and then we could have finished the overlaying works by now.””Look at the training area and great swimming pool. It took years to get all things done but I am satisfied with the way things have come about.”Showing off the eight-lane 400-metre synthetic running track in the Village, Kalmadi said, “I have aimed to give the best facilities to the athletes. The Games will be a great affair.”Asked about the last minute cleaning process that is going on at the residential towers in the Village, he said, “it will be completed soon. As far as water logging in some areas is concerned, it was because of the rains. Now that the sun has come out, water has receded and the rest has been pumped out.”Heli-borne assualt teams will protect athletes during CWGHeli-borne assault teams and commando hit teams will give protection to athletes while participating in marathon, walkathon and cycling events of Commonwealth Games.Elaborate security measures and traffic arrangements have been made for the road events which will take place on four days — October 9, 10, 13 and 14 — in and around Parliament Street and Noida.”All buildings on the routes where these events take place have been secured and sanitised. The telephone boxes and electric boxes have also been sanitised,” a senior police official said in New Delhi.Besides Quick Reaction Teams, the official said, Commando hit teams and heli-borne assault teams will also give security to those athletes participating in the road events.Many of the routes were the events take place has already been barricaded, he said. Police vehicles have also started taking rounds of these routes to ensure that no “mischief” is done.The trial event for cycling was held last month which provided a helping hand to security agencies in fine-tuning its strategy, the official said.The walkathon is scheduled on October nine while the Marathon is on October 14, the final day of the mega sporting event. Both these events will be held in and around Parliament Street.The cycling event is scheduled on October 10 and 13 and will be held also be here and Noida, the official said.All these events will start at 6:30 am.Traffic on the routes will be restricted during the event, the official said.”No traffic will be allowed to use the route of road events from the night before. Cross traffic on this route will not be allowed from 5.00 am on the day of the event till its completion,” the official said.With inputs from PTIlast_img read more

Sachin scores record fifth World Cup hundred

first_imgSachin Tendulkar on Sunday reached another milestone as he became the highest century-maker in World Cup history by scoring his fifth hundred in the prestigious event.The 37-year-old Tendulkar reached the landmark during the group B clash against England when he glanced burly paceman Tim Bresnan for a boundary towards the fine leg region in the first ball of the 35th over. It was his 47th ODI century and his 98th overall.Former India captain Sourav Ganguly, current Australia captain Ricky Ponting and his former teammate Mark Waugh have all scored four World Cup hundreds.With Ganguly and Waugh retired, it is only Ponting who has a chance to match or surpass Tendulkar.Tendulkar scored 120 runs from 115 balls and the knock was adorned with five sixes and 10 fours.Tendulkar, playing his sixth World Cup, also holds the records for most runs and most half-centuries in the flagship event of the ICC.He has accumulated 1944 runs in 38 matches and has scored 13 fifties so far, followed by Ponting with 1577 runs in 41 matches.Ganguly is the only other Indian who has managed to score more than one thousand runs in World Cup matches.He scored 1006 runs in 21 matches and stands 11th in the list of highest run scorers in World Cup.During the course of his innings, Tendukar shared a magnificent 134-run partnership with for the second wicket with Gautam Gambhir, who scored 51 runs.- With PTI inputslast_img read more

SIOUX CITY LIKELY TO HAVE MINOR FLOODING SATURDAY NIGHT NEAR I-29…

first_imgSIOUX CITY WILL LIKELY HAVE MINOR FLOODING ONLY FROM THE MISSOURI RIVER THIS WEEKEND.CITY FIRE CHIEF TOM EVERETT SAYS THE RIVER IS EXPECTED TO CREST SATURDAY NIGHT:Audio Playerhttp://kscj.com/wp-content/uploads/2019/03/TOMFLOOD1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC……STARTS TO RECEDE. :19CHIEF EVERETT SAYS ONLY ONE MAJOR INTERSECTION SHOULD BE AFFECTED BY FLOODING:Audio Playerhttp://kscj.com/wp-content/uploads/2019/03/TOMFLOOD2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC…….WELLHEADS DOWN ON THE RIVERFRONT. :22EVERETT SAYS THIS EVENT WILL BE BRIEF AND NOTHING LIKE THE MAJOR FLOODING OF 2011;Audio Playerhttp://kscj.com/wp-content/uploads/2019/03/TOMFLOOD3.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC……..AFTER A COUPLE OF HOURS. :25THAT WILL BE FOUR FEET LOWER THAN THE 2011 FLOOD.HE SAYS THE ARMY CORPS OF ENGINEERS HAS REDUCED FLOWS BACK TO 90,000 CUBIC FEET PER SECOND AFTER INCREASING THEM TO 100,000 AT MIDNIGHT LAST NIGHT.THEY WERE OVER 160,000 CFS FOR A LONG PERIOD OF TIME IN 2011.EVERETT SAYS RESIDENTS AND ONLOOKERS SHOULD AVOID THE RIVERFRONT AREA AS MANY CITY VEHICLES WILL BE MOVING THROUGH THE AREA.last_img read more

CeeLo Green Launches GreenHouse Foundation

first_imgIn the words of Kermit the Frog, “It’s not easy being green.” But, Grammy Award Winning artist CeeLo Green and his sister Shedonna Alexander have together co-founded the GreenHouse Foundation, a non-profit organization with a mission to help make “green education” easier and accessible to students in underserved school districts.The GreenHouse Foundation will educate, inspire and influence children to become responsible stewards of their environment, communities and future.Officially launching on August 17th in Atlanta, GA, this sibling team will dedicate their first “teaching GreenHouse” in memory of their late mother Sheila J. Callaway Tyler. The dedication will take place on the campus of Southwest Atlanta Christian Academy, a “GreenHouse School Partner”, where CeeLo attended elementary school.The GreenHouse Foundation is an extension of CeeLo and Shedonna’s long family legacy of philanthropy. They grew up surrounded by great role models – their maternal grandmother Ruby Callaway Robinson and mother Sheila J. Callaway Tyler. Ruby started a nationally recognized non-profit organization “Comprehensive Auxiliary for Southwest Community on Alcohol and Drug Education” (CASCADE) that focused on drug-prevention and education in underprivileged communities. She initiated the nationwide “Just Say No” kids march in May 1986, which drew over five million participants and achieved broad and tremendous support, including recognition from former First Lady Nancy Reagan and Soliel Moon Fry aka “Punkie Brewster”. Their late mother Sheila followed in her mother’s footsteps, serving as one of the first female firefighters with the Atlanta Fire Department, plus years of other volunteer work throughout the community.The youth are our future leaders, so CeeLo and Shedonna recognize the importance of empowering children to love and protect the planet. As a result, the GreenHouse Foundation’s first initiative is the “Green Garden Education Program,” which will offer schools an opportunity to become “GreenHouse School Partners” and start making their green footprint. Through this program, the GreenHouse Foundation will build outdoor green gardens on campuses and introduce “green education” into their everyday curriculum, teaching children the importance of “being green”.“The Green Garden program will use outdoor gardening as an innovative tool to teach math and science. It will allow students to experience a new approach to “green education,” states co-founder Shedonna Alexander. “We are committed to the mission to empower children with the knowledge, attitude and desire to positively influence their futures, their communities and the long-term sustainability of their planet.”The University of Georgia’s Cooperative Extension service for Atlanta’s Fulton County is playing a key role in the GreenHouse Foundation’s education and community outreach. UGA Cooperative Extension extends lifelong learning to the people of Georgia through unbiased, research-based education in agriculture, the environment, communities, youth and families. As part of the GreenHouse School Partnership and Green Garden Education Program, they are providing curriculum support through their agricultural and family sciences programs.“Through the Green Garden Education Program, the GreenHouse Foundation is supporting schools with the tools, curriculum, and resources necessary to create and maintain an outdoor ‘teaching garden’. With the garden as the primary focus, children will learn the fundamentals of gardening along with the health and environmental benefits of growing their own produce. Children will also learn how to start and manage their own school farmers market,” explains co-founder CeeLo Green. “The hands of our children will help feed those in need, like the homeless or elderly who live in ‘grocery deserts’ with no access to fresh produce.”In the future, the GreenHouse Foundation plans to launch other initiatives such as “The School Waste Diversion Initiative”, which will provide schools with waste receptacles to divert non-biodegradable waste from local landfills and create a local competition among the schools. Annually on Earth Day, they will start “The Clean Atlanta Green Day” to unify the city’s local businesses, schools and government officials to collectively clean up the City of Atlanta. Another key initiative will be the launch of “The GreenHouse Community Gardens Program”, which will take the concept of their on-campus “school gardens” to the next level by adopting land around Atlanta to develop organic community gardens maintained by volunteers. Additionally, the GreenHouse Foundation will also create a “Green Collar Career Development & Training Program” that will introduce and educate students on jobs that impact our environment. As the foundation grows larger, it will also offer students the opportunity to earn the “Green Career College Scholarship” based on academic performance. Teach Green, See Green, Live Green – GreenHouse Foundation.last_img read more

Allegri switches focus to Napoli

first_imgMassimiliano Allegri has now switched his focus to Juventus’ weekend clash against title rivals Napoli after they were held to a 1-1 draw by Crotone on WednesdayThe Turin side started the match strongly with Alex Sandro opening the scoring after 17 minutes to put Juventus on course for another win.However, a goal from Simeon Tochukwu Nwankwo put Crotone level with the Serie A leaders with the match later ending 1-1 between the sides.While Napoli’s 4-2 over Udinese saw Juventus’ advantage at the top of Serie A cut to four points, Allegri remain content with the gap.Franck Ribery, FiorentinaFiorentina owner: “Ribery played better than Ronaldo!” Andrew Smyth – September 14, 2019 Fiorentina owner Rocco Commisso was left gushing over Franck Ribery’s performance against Juventus, which he rates above that of even Cristiano Ronaldo’s.“A month-and-a-half ago I’d have been more than happy to go into this head-to-head clash with a four-point advantage.” Allegri told the club website.“We must look to win the match because it would be a big step forward. It will be a great game — hard fought with lots of skill on display. We must get off to a good start.“We didn’t play well today and we struggled a little. It wasn’t easy as we needed to keep hold of the ball without trying to rush things but even in the first half you got the impression we might concede tonight.“We didn’t stay tight enough and we let Crotone get lots of balls into the box and break through down the right.”last_img read more

9th Annual Choose Respect March Against Domestic Violence

first_imgCommunity members gathered together to march and bring awareness to the prevention of domestic violence and sexual assault in Alaska. Facebook0TwitterEmailPrintFriendly分享Roughly 40 people came out to walk in the Choose Respect March with the LeeShore Center and other volunteers on Wednesday, March 28. Among the marchers that took part in the event Wednesday were representatives from local law enforcement, including Kenai and Soldotna police officers and Alaska State Troopers. Audio PlayerCASTRO-ON-CHOOSE-RESPECT-1-32918.mp3VmCASTRO-ON-CHOOSE-RESPECT-1-32918.mp300:00RPdCastro: “We’re making progress. Are we there yet? We’re not, and unfortunately I think our shelters will be open for a number of years in the future. But, what I can say is we are making progress. There are things happening in Alaska, as well as nationally, that are beginning to make a difference.” The Choose Respect event kicks off the start of Sexual Assault Awareness month which will take place for the entire month of April. Following the march a luncheon was held at the Kenai Visitors Center, and speakers, including volunteers from the LeeShore Center who spoke on domestic violence and sexual assault. Diane Castro, the executive director of Alaska’s Council on Domestic Violence and Sexual Assault (CDVSA) who appeared via video conference with Senator Peter Micciche (R-K-Pen). Audio PlayerMICCICHE-ON-CHOOSE-RESPECT-1-32918.mp3VmMICCICHE-ON-CHOOSE-RESPECT-1-32918.mp300:00RPdSen. Micchiche: “Our goal is to put shelters out of business, because domestic violence and sexual assault are a thing of the past.” The ‘Choose Respect’ initiative began in December of 2009, when Governor Sean Parnell pledged that Alaska would take every step necessary to stop the epidemic of domestic violence, sexual assault, and child sexual abuse in Alaska.last_img read more

ITARTASS claims Russian cosmonauts have found sea plankton on outside of International

first_img © 2014 Phys.org Finding sea plankton on the outside of the ISS would be remarkable, as the outside of the station is of course exposed to space—a hostile environment, to say the least. NASA officials reported that they were aware that Russian cosmonauts were conducting experiments on the exterior of the space station (primarily on windows known as illuminators), but were unaware of what they entailed. They note that cosmonauts have conducted such experiments as recently as this past week. The same officials report that they have not heard the results of any findings regarding the experiments from the Russian scientists directly, and thus, cannot comment on what the Russians are claiming. One scientist with NASA, Lynn Rothschild, suggested that if the claims turn out to be true, the plankton likely made its way to the ISS aboard a space station module.Reports of the sea plankton findings have come, ITAR-TASS reports, from Vladimir Solovyev, chief of the Russian ISS orbital mission—he’s also reporting that the type of plankton found is not native to the parts of Russia where spacecraft are launched—he theorizes that air currents could have pushed the plankton to the station (plankton is known to make its way into the atmosphere). The findings, he continues, confirm that organisms can live on the outer surface of the space station, something Russian scientists have apparently been studying for over a year—though he didn’t actually come right out and say that the specimens found were still alive. He also reports that the outside of the space station is covered with material from spacecraft engines that is emitted as they come and go. Of concern are the illuminators, which now need to be polished. Explore further The International Space Station is featured in this image photographed by an STS-132 crew member on board the Space Shuttle Atlantis after the station and shuttle began their post-undocking relative separation. Credit: NASA/Crew of STS-132 The Russian news agency ITAR-TASS is claiming that Russian officials have confirmed that Russian cosmonauts have found sea plankton on the outside of the International Space Station. The news agency reports that the cosmonauts have also found traces of other organisms on the outside of the station as well. To date, no other news group has been able to confirm the report and thus far it appears no other agency, including NASA has been able to confirm the claims made by the Russians.center_img Russian cargo craft docks with ISS, science satellite fails Citation: ITAR-TASS claims Russian cosmonauts have found sea plankton on outside of International Space Station (2014, August 21) retrieved 18 August 2019 from https://phys.org/news/2014-08-itar-tass-russian-cosmonauts-sea-plankton.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

January 2 2007 A VERY HAPPY NEW YEAR TO EVERYONE

first_imgJanuary 2, 2007 A VERY HAPPY NEW YEAR TO EVERYONE. Staff and volunteers at Arcosanti had a very nice Christmas. Christmas Eve was celebrated at the Begin-Tollas residence in one of the Foundry apartments. A VERY HAPPY NEW YEAR TO EVERYONE. Staff and volunteers at Arcosanti had a very nice Christmas. Christmas Eve was celebrated at the Begin-Tollas residence in one of the Foundry apartments. [Photos: Andrea Paneghetti & text: sa] A wonderful array of Christmas delicacies, fun games for the kids and adults, thoughtful presents, made it a very cosy event. Christmas Day began with a delicious breakfast prepared by Ron Chandler, who started this tradition a few years ago. And everyone met for a big pot-luck dinner at the EC3 household. [Photos: Andrea Paneghetti & text: sa]last_img read more