Uncategorized – Page 1098

Sportech Extends and Expands its Partnership with Veikkaus

November 6, 2020 Published by EuropeanGaming.eu

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Sportech Racing and Digital, a division of Sportech PLC, has announced the extension of its agreement with Veikkaus of Finland for the ongoing licensing and support of its Quantum pari-mutuel betting system.

In addition to the extension agreement, Veikkaus will utilise Sportech’s Tote Service Layer to offer pari-mutuel betting on horseracing – alongside sports betting and lottery – from 4500 points of sale, a significant increase of 3500 over the current level of 1000.

“Veikkaus has been very pleased with the quality of the Sportech solution and the responsiveness of the Sportech team. We are excited to leverage Sportech’s technology solution to expand our network of pools betting points of sale; a change that we are confident will have a very positive impact on customer experience of horse racing betting in Finland,” Ari Aarnihuhta, SVP & CIO of Veikkaus, said.

“Sportech is delighted to once again extend our long relationship with Veikkaus and to help facilitate the dramatic expansion of pari-mutuel betting to their 4,500 unit retail network with implementation of our Tote Service Layer,” Bruno Gay, Sportech’s Senior Vice President Sales and Business Development EMEA, said.

“This project perfectly illustrates the flexibility of Quantum System and the seamless integrations facilitated by our Tote Service Layer. The combination of the two allows clients like Veikkaus to expand the reach of their pools betting products in order to grow their audience and deliver an overall better end user experience,” Bruno Gay added.

Cellarity signs up with Excelra for GOSTAR database to enrich its drug discovery platform

November 6, 2020 Published by Roboticulized.com

Excelra, a leading global data science & data analytics company, and Cellarity, a flagship pioneering company working on the development of a new generation of medicines to treat diseases at the level of cell behaviours, have today announced an agreement whereby Excelra will provide Cellarity access to its Global Online Structure Activity Relationship database (GOSTAR).

GOSTAR is the world’s largest small molecule medicinal chemistry intelligence platform that encompasses over 8 million compounds, linking chemical structure to biological, pharmacological and therapeutic activities. With a vast knowledge base of 28 million SAR data points, GOSTAR equips researchers in the early as well as optimization stages of drug discovery.

Cellarity’s drug discovery platform uses high-resolution biological data and unique machine learning capabilities to pioneer an entirely new approach to drug discovery. Cellarity is designing medicines that target and change cell behaviors to unlock treatments in a large number of disease areas. “We are looking forward to using high quality annotated GOSTAR data on millions of small molecules, while leveraging Cellarity’s proprietary AI/ML modules to generate predictable drug-like molecules that ultimately guide the design of novel Cell Behavior-Targeted therapies. Our preliminary assessment gives us the confidence in the utility of GOSTAR database,” said Ramakanth Sarabu, Head of Chemistry, Cellarity.

“GOSTAR is a widely used structure activity relationship database in AI/ML driven drug discovery programs. We strongly believe that this collaboration equips AI/ML and medicinal chemistry researchers at Cellarity to utilize curated interactions of millions of small molecules with potential drug targets to generate novel compounds with desired pharmacological profiles,” said Raveendra Dayam, Director, Chemistry Services, Excelra.

Hacksaw ventures further into the Social Casino Market with Ously Games Partnership

November 5, 2020 Published by EuropeanGaming.eu

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Innovative casino games provider Hacksaw Gaming has announced an agreement with German social gaming operator Ously Games.

The deal sees Hacksaw Gaming’s 50+ portfolio of slots and scratchcard games integrated via the Ously Games social casino app SpinArena.
Ously Games innovative app offers a unique product range including a large selection of slots, instant win and table games by its proprietary backend solution ‘seriOUSLY1.0’.

Commenting on the deal, Marcus Cordes, COO at Hacksaw Gaming said: After keeping an eye on how Social Casinos are growing and the global following they are attracting, we are very excited to launch with Ously Games.

Jochen Martinez, CMO at Ously Games said “We are delighted to enter a partnership with Hacksaw Gaming who will further enhance our game offering with their award winning scratchcards & innovative slots.’

BGC Urges UK Govt to Take “Science-led Approach” and Allow Casinos and Bookies to Re-open After Lockdown

November 5, 2020 Published by EuropeanGaming.eu

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The Betting and Gaming Council (BGC) has urged the UK Government to take a “science-led approach” and allow casinos and betting shops to safely re-open when the latest England-wide Covid lockdown ends.

BGC said there is no evidence that the venues have contributed to the spread of the virus. Since re-opening their doors in the summer, casinos and bookies have operated safely, contributing vital tax revenues to the Exchequer and, in the case of betting shops, millions of pounds to horseracing in levy and media rights payments.

Following Boris Johnson’s latest announcement, every casino and betting shop in England will be forced to shut again until at least December 2.

Michael Dugher, chief executive of BGC, said he welcomed the extension to the furlough scheme which has been announced by Chancellor Rishi Sunak. But he said it was vital that when the latest lockdown is lifted, casinos and betting shops are allowed to re-open from day one so they can get back to contributing to the economy rather than relying on government subsidies.

Mr. Dugher said: “Nothing matters more to our industry than the safety of our staff and customers, which is why we want to contribute to the national effort to defeat this virus.

“We also welcome the support for businesses forced to close under the second lockdown.

“But when we exit this, the Government must have a science-led approach and avoid the arbitrary and unnecessary decisions that led to random closures of casinos and betting shops, which damage employment and revenues to the Exchequer.

“It’s also important that when the latest lockdown is over, betting shops are allowed to open safely along with other non-essential retail, as they were in June. Casinos, which have the best anti-Covid measures operating anywhere in hospitality and entertainment, should also reopen at the same time.

“At a time when there is widespread despair among sporting bodies, the Government also needs to recognise that a healthy betting industry is vital to the funding of sport, and that betting shops in particular are critical to the financing of horseracing.”

Organic Tea Market Size Worth $1.12 Billion By 2027 | CAGR: 16.2%: Grand View Research, Inc.

November 5, 2020 Published by Roboticulized.com

The global organic tea market size is expected to reach USD 1.12 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.2% from 2020 to 2027. The rising importance of a healthy lifestyle among the consumers in light of increased awareness regarding wellness nutrition through social media and satellite television channels is expected to expand the market scope. Furthermore, growing concerns related to adverse effects associated with synthetic ingredients in packaged food and beverages are expected to compel the buyers to increase spending on consuming organic tea as a key alternative to conventional drinks.

Key suggestions from the report:

The herbal product segment is expected to witness the fastest growth during forecast years with a CAGR of 17.1% from 2020 to 2027. The rising importance of herbal tea as a daily drink for maintaining a healthy lifestyle is expected to have a positive impact on the segment growth over the next few years
Based on taste, the flavored segment accounted for the largest share of more than 80.0% in 2019. This is attributed to the increased preference for these products due to the easy access of such products to the consumers through offline as well as online channels
By form, the leaf and powder segment accounted for the largest share of more than 45.0% in 2019. The growth of the segment is attributed to the first-mover advantage associated with leaf as well as powder forms
Asia Pacific dominated the market with more than 35.0% share in 2019. Extensive customer base in countries, including China, India, Japan, Thailand, and Vietnam, is expected to fuel the regional market growth in the near future.

Read 80 page research report with ToC on “Organic Tea Market Size, Share & Trends Analysis Report By Product (Camellia Sinensis-based (Green, Black, Oolong, White), Herbal), By Taste, By Form, By Distribution Channel, By Region, And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/organic-tea-market

Product launches have been playing a crucial role in shaping the industry dynamics. For instance, in October 2019, Celestial Seasonings launched TeaWell, a product line that includes organic wellness tea, which provides a vigorous combination of health benefits, along with pleasant flavors. The line offers a large number of flavors formed using a blend of herbs and botanicals that improve the shape of both mind and body. These products contain “Daily Wellness Core”, which is a combination of four essential ingredients, including panax ginseng, dandelion root, elderberry, and green rooibos.

It is claimed that panax ginseng improves mental vitality, dandelion root enhances digestion, elderberry boosts immunity, and green rooibos acts as antioxidants. Some of the popular products being offered under the product line are Organic Green Tea with Grapefruit, Organic Moringa Lemon Ginger, and Organic Hibiscus with Lime. These products are available for USD 4.99.

Grand View Research has segmented the global organic tea market on the basis of product, taste, form, distribution channel, and region:

Organic Tea Product Outlook (Revenue, USD Thousand, 2016 – 2027)
- Camelia Sinesis-Based
  - White
  - Black
  - Green
  - Oolong
  - Others
- Herbal
Organic Tea Taste Outlook (Revenue, USD Thousand, 2016 – 2027)
- Flavored
- Plain
Organic Tea Form Outlook (Revenue, USD Thousand, 2016 – 2027)
- Tea Bag
- Leaf & Powder
- Liquid
Organic Tea Distribution Channel Outlook (Revenue, USD Thousand, 2016 – 2027)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Stores & D2C
- Others
Organic Tea Regional Outlook (Revenue, USD Thousand, 2016 – 2027)
- North America
  - The U.S.
- Europe
  - The U.K.
  - Germany
- Asia Pacific
  - India
  - Japan
  - China
  - Indonesia
- Central & South America
  - Brazil
- Middle East & Africa
  - South Africa

List of Key Players of Organic Tea Market

Compass Tea Company
Davidson’s Organics
Little Red Cup Tea Co.
Numi, Inc.
PepsiCo
The Coca-Cola Company
The Hain Celestial Group, Inc.
Tielka
Unilever
Wessanen

Find more research reports on Consumer F&B Industry, by Grand View Research:

Matcha Tea Market – The global matcha tea market size was estimated at USD 1.63 billion in 2018 and is expected to expand at a CAGR of 4.7% during the forecast period.
Hot Drinks Market – The global hot drinks market size was valued at USD 250.7 billion in 2018 and is anticipated to expand at a CAGR of 6.8% during the forecast period.
White Tea Market – The global white tea market size was estimated at USD 1.48 billion in 2018. Increasing the importance of these products due to their antioxidant and antimicrobial properties which boost the immune system.

Enthusiast Gaming to Host Two Virtual Esports and Entertainment Events in November

November 5, 2020 Published by EuropeanGaming.eu

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Enthusiast Gaming Holdings Inc. is going to host two virtual esports and entertainment events this month.

The first one is Enthusiast Gaming Live Experience 2020 (EGLX 2020), which is a free event and will be live streamed from November 10-13, 2020 on eglx.com and on Twitch at twitch.tv/lgloyal. The second is Pocket Gamer Connects Digital (PGC Digital), which is a registration-only B2B event and its tickets can be purchased at pgconnects.com/digital.

“Enthusiast Gaming became the largest gaming network in North America and the UK by creating unique fan experiences for Gen Z and Millennial gamers. The content we provide on our websites and YouTube channels provide the bedrock where gamers interact with each other, get breaking news, follow their favourite influencers, and show support for their Esports teams. EGLX and Pocket Gamer Connects, are two of our most valuable communities and embodies our commitment to creating unique and authentic gaming experiences,” Adrian Montgomery, CEO of Enthusiast Gaming, said.

Enlabs Increases its Stake in Global Gaming

November 5, 2020 Published by EuropeanGaming.eu

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Enlabs has increased its stake in Global Gaming from 66.7% to 95.8% at the deadline of its acceptance period for its bid for the Ninja Casino operator.

The acceptance period for the Offer has ended on November 2 and Enlabs has decided not to extend the acceptance period. The aggregation of acceptances has now been completed and as of November 2, the Offer had been accepted by shareholders in Global Gaming corresponding to a total holding of 10,659,142 shares, corresponding to approximately 26.1% of the total number of shares and votes in Global Gaming.

Enlabs declared the Offer unconditional on October 8, 2020. All conditions for the Offer have been met and Enlabs will thus complete the Offer and acquire the shares submitted in the Offer.

At the time of the announcement of the Offer, Enlabs ownership in Global Gaming amounted to 27,266,114 shares. During the acceptance period, Enlabs has also acquired 1,216,469 shares in Global Gaming outside the Offer, corresponding to approximately 3% of the total amount of shares and votes in Global Gaming. No such acquisitions have been made at a consideration that exceeds the consideration in the Offer.

In total, Enlabs thus holds a total of 39,141,725 shares in Global Gaming, corresponding to approximately 95.8% of the total number of shares and votes in Global Gaming. Enlabs does not hold any other financial instruments that give Enlabs a financial exposure corresponding to a holding of shares in Global Gaming.

To the shareholders who have accepted the Offer during the acceptance period, payment of the cash consideration is expected to begin around November 9 and payment of the share consideration is expected to begin around December 1.

Enlabs intends to request compulsory redemption in accordance with the rules in the Swedish Companies Act in order to acquire the remaining outstanding shares in Global Gaming and promote a delisting of Global Gaming’s shares from Nasdaq First North Growth Market Stockholm.

Natural Food Colors & Flavors Market worth $6.8 billion by 2025 – Exclusive Report by MarketsandMarkets™

November 5, 2020 Published by Roboticulized.com

According to MarketsandMarkets, the “Natural Food Colors & Flavors Market by Color Type (caramel, carotenoids, anthocyanins, curcumin, annatto, and copper chlorophyllin), Flavor Type (natural extracts, aroma chemicals, & essential oils), Application & Region – Global Forecast to 2025”, published by MarketsandMarkets, the market size is estimated to be valued at USD 5.0 billion in 2020. It is projected to reach USD 6.8 billion by 2025, recording a CAGR of 5.4%, in terms of value. There is an increase in the demand for processed food and clean label, which is driving the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=676

The food application segment is projected to witness significant growth during the forecast period.

Based on application, the natural food colors & flavors market is dominated by the food segment. The consumer trends such as easy-to-use, health & wellness, and clean label trends influence the overall market. The easy-to-use trend is due to the rapid urbanization in emerging markets. Consumers demand healthier ingredients in their food products. The growing side effects of synthetic colors and flavors compel the consumers in emerging and developed economies to focus on an improved consumption.

Browse in-depth TOC on “Natural Food Colors & Flavors Market“

136 – Tables
62 – Figures
252 – Pages

The European region dominates the natural food colors & flavors market with the largest share in 2019, whereas South America is expected to witness the highest growth rate.

In Europe, Germany dominated the natural food colors & flavors market due to the high production and demand of clean label food & beverages. The worldwide natural food ingredients market is primarily driven by the rising demand for safe and plant-based products. The natural food colors & flavors industry functions with legislators and regulators to deliver qualitative products to its end users. In the major markets.

The increase in the developed economy and per capita income has enabled the consumers to invest in more health and health related services, in the South American region. This is one of the major drivers for natural food colors & flavors in the region. Apart from that, the millennial consumers are more health conscious and open to experiment with various ingredients, this is also thriving the market in the region.

Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=676

Key players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DuPont (US), Archer Daniels Midland (ADM) (US), Givaudan (Switzerland), Kerry Group, Plc (Ireland), International Flavors & Fragrances (IFF) (Israel), Mane (France), Sensient (US), T. Hasegawa (Japan), Firmenich (Switzerland), Robertet (France), Symrise (Germany), Synergy Flavors (US), Amar Bio-Organics India Pvt. Ltd. (India), Taiyo International (Japan), The Foodie Flavors Ltd (UK), Besmoke Ltd (UK), Aromata Group (Italy), Gulf Flavors and Food Ingredients FZCO (UAE), Seluz Fragrances & Flavors Company (Turkey), and Takasago (Japan).

Yumeshima IR Plans Plunged into Uncertainty by Referendum Loss

November 5, 2020 Published by EuropeanGaming.eu

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The prospects for the development of an urban IR at Yumeshima, Osaka, took a sudden and unexpected turn for the worse after voters rejected the administrative reorganisation proposals of the local leaders, and Osaka Mayor Ichiro Matsui announced his intention to retire from politics at the end of his term.

While Sunday’s referendum was not directly related to the Yumeshima IR plans, it does exercise an enormous impact on the political fates of both the strongly pro-IR Osaka governor and mayor, as well as the movement that they lead.

The so-called Osaka Metropolis Plan has been the central policy plank of the Osaka Ishin (Japan Innovation Party) since its establishment. It called for the administrative unification of Osaka prefecture and city to create Japan’s second “metropolis” following Tokyo. This has been portrayed by Osaka Mayor Ichiro Matsui and Osaka Governor Hirofumi Yoshimura as symbolic of the revival of Osaka’s glory and a necessary step to reduce wasteful bureaucratic practices.

Osaka Ishin’s original metropolis plan was narrowly defeated in a referendum in 2015, leading to the retirement from politics of the movement’s young founder, Toru Hashimoto. On Sunday, a revised version of the plan was again narrowly (by less than 1%) rejected by the voters. This was a particularly bitter result because until the final week or so polling had shown the proposal heading for voter approval.

In the wake of Osaka Ishin’s second failure to gain sufficient support for its signature policy, the party’s leader, Osaka Mayor Ichiro Matsui, announced that he would finish out his current term and then retire from politics in April 2023.

Financial Gravity Companies Named as One of 50 Most Admired Companies of the Year 2020 by The Silicon Review Magazine

November 5, 2020 Published by TheFintechBuzz.com

Financial Gravity Companies, Inc. (OTCQB: FGCO) Chairman & CEO, Scott Winters, announced today the recognition of Financial Gravity Companies by The Silicon Review.

The article states, “There are several financial firms with exquisite services, but one that stands out from the rest is Financial Gravity. The Company is a publicly-traded parent company that aims to bring together the best of breed financial services companies, including brokerage, wealth management, estate planning, family office services, risk management, business and personal tax planning, business consulting, and financial advisory services.”

Scott Winters, is quoted in the publication several times about the latest technologies, regulation, financial strategies and new services. Winters explained, “We provide a wide choice of financial strategies to our clients, both proprietary and non-proprietary. Our proprietary strategies have four important performance factors that we utilize: Security selection; Costs; Taxes; and Trust.”

There is also a detailed background of Winters’ business and professional accomplishments including that he built a wealth management business from zero to over two billion in assets managed across over 20,000 clients. He co-founded, built, and sold one of the fastest-growing fintech/wealth management businesses in America (according to Forbes).

Category: Uncategorized

Sportech Extends and Expands its Partnership with Veikkaus

Cellarity signs up with Excelra for GOSTAR database to enrich its drug discovery platform

Hacksaw ventures further into the Social Casino Market with Ously Games Partnership

BGC Urges UK Govt to Take “Science-led Approach” and Allow Casinos and Bookies to Re-open After Lockdown

Organic Tea Market Size Worth $1.12 Billion By 2027 | CAGR: 16.2%: Grand View Research, Inc.

Enthusiast Gaming to Host Two Virtual Esports and Entertainment Events in November

Enlabs Increases its Stake in Global Gaming

Natural Food Colors & Flavors Market worth $6.8 billion by 2025 – Exclusive Report by MarketsandMarkets™

Yumeshima IR Plans Plunged into Uncertainty by Referendum Loss

Financial Gravity Companies Named as One of 50 Most Admired Companies of the Year 2020 by The Silicon Review Magazine

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