German retail sales revised up

first_img Show Comments ▼ whatsapp German retail sales revised up Wednesday 18 August 2010 8:18 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com whatsapp Share Tags: NULL KCS-content GERMANS spent more in the first half of the year than had previously been estimated, according to the Federal Statistics Office. The official figures now show that retail sales rose by a real 0.9 per cent during the first six months of the year on the same period of 2009 compared to the previous estimate of a 0.4 per cent fall. Sales of food, drink and tobacco fell 0.1 per cent in real terms while non-food sales rose 1.9 per cent, boosted by strong growth in sales of furniture and household appliances. The strong retail sales figures help to explain Germany’s exceptionally strong 2.2 per cent GDP growth in the second quarter, which has been helped by private consumption. last_img read more

Gilts rally after Fed opens door to more stimulus

first_img KCS-content whatsapp YIELDS on UK government bonds saw their sharpest fall in 18 months, after the US?Federal Reserve said it was open to a new round of quantitative easing (QE) to help revive the flagging American economy.The yield on the benchmark 10-year gilt dropped by 15 basis points to 2.97 per cent, the biggest drop since the Bank of England started buying up government bonds in March last year. Gilts were given a further boost when the minutes from the Bank of England’s most recent Monetary Policy Committee (MPC) meeting showed increased concerns about the outlook for the economy. But Sam Hill, a UK fixed income strategist at RBC Capital Markets warned it would be difficult to justify more QE with inflation already higher than target.The UK rally tracked similar movements in the US gilts market, where yields on benchmark 10-year Treasuries slid to their lowest level in three weeks.Gold prices saw yet another spike, with spot gold setting a record of almost $1,300 an ounce, while the dollar lost 1.5 per cent on a trade weighted basis, on fears that another round of stimulus would mean an effective devaluation of the currency. whatsapp Wednesday 22 September 2010 8:56 pm center_img Share Tags: NULL More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Show Comments ▼ Gilts rally after Fed opens door to more stimulus last_img read more

McGrigors looks at UK expansion with new post

first_img Tags: NULL whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Sunday 26 September 2010 9:53 pm MCGRIGORS, one of Scotland’s largest law firms, has overhauled its management structure after appointing Kirk Murdoch as the new UK-wide senior partner.Murdoch, who has been a partner with the law firm for 28 years, will assume the newly created role at the start of next month.His new post, which will effectively see him act as the firm’s chairman, will hand him responsibility for the firm’s entire network of offices in Scotland, England and Northern Ireland.The move is a step away from McGrigor’s original structure, which saw the senior partner post shared between two individuals but only oversaw the firm’s English and Scottish business. Murdoch had shared the senior position with London-based partner Phillip Burroughs, who is set to stand down from the board at the end of the month.McGrigors is hoping that Murdoch’s appointment will help to bolster its profile beyond its Scottish practice and compete with the likes of Eversheds.As part of the management overhaul, Richard Masters will remain as managing partner. McGrigors looks at UK expansion with new post center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsapp Share Show Comments ▼ KCS-content last_img read more

BSkyB to launch an Arabic news station

first_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp whatsapp Monday 29 November 2010 8:16 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org SATELLITE broadcaster BSkyB has teamed up with the owner of Manchester City football club to set up an Arabic news channel based in Abu Dhabi. The channel will be Sky’s first foreign-language news venture, putting it in direct competition in the Middle East with BBC Arabic, Al-Arabiya and state-funded Al-Jazeera.Man City owner Sheik Mansour bin Zayed Al Nahyan’s investment vehicle Abu Dhabi Media Investment Corp (ADMIC) agreed after months of talks to fund half of the joint venture, which will operate under the Sky News brand.Sky said yesterday the free-to-air channel will begin broadcast across the Middle East and parts of Africa from 2012. BSkyB chief executive Jeremy Darroch said: “The Middle East and North Africa is undergoing rapid development and our partnership with ADMIC means we are able to enter this dynamic marketplace with the support and expertise of a strong local partner.”Sky News’ head of international news Adrian Wells has been drafted in to help launch the new channel. Sky said a permanent director of news will be appointed in due course. Dr Sultan Al Jaber, energy consultant for the Abu Dhabi government and chairman of Sheik Mansour’s newly formed investment fund, will head the new venture. Sky broadcasts its UK-based Sky News channel across Europe, Asia and the Middle East, and currently operates standalone news channels in Germany, Italy, Australia and India. News Corporation, which is currently bidding for the 61 per cent in BSkyB it does not own, bought a 9.09 per cent stake in Saudi-based media company Rotana in February. The firm operates 11 free-to-air channels in the Middle East. Ofcom is due to report in January on whether News International’s offer to buy the rest of BSkyB restricts competition.Shares in BSkyB closed down 0.2 per cent yesterday at 719p. center_img BSkyB to launch an Arabic news station Share KCS-content Tags: NULLlast_img read more

Banks’ shares boost sees FTSE rise back over 6,000

first_img KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo whatsapp Banks’ shares boost sees FTSE rise back over 6,000 THE FTSE jumped back above the psychologically-important 6,000 level yesterday, driven by rises in bank shares.London’s main blue chip index rose by one per cent, up 57.7 points for the day, closing at 6,014.Barclays shares rose 5.5 per cent, and HSBC by 2.4 per cent, as bank shares led the way.A note from Citigroup upgrading HSBC helped the boost, and Societe Generale named the lender one of its preferred stocks in the European sector, upgrading it to “overweight.”Traders shrugged off concerns over sovereign debt threats from the Eurozone after reports that Portugese minister Fernando Teixeira dos Santos said there was no plan for a bailout from the EU and the International Monetary Fund (IMF).The FTSE started the year on the up following an uptick in economic data from the US, and strong manufacturing growth in the UK. Sharecenter_img whatsapp Show Comments ▼ Tuesday 11 January 2011 7:44 pm More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULLlast_img read more

Aberdeen sees increased inflow

first_img whatsapp KCS-content Aberdeen sees increased inflow whatsapp Aberdeen Asset Management’s first quarter performance fell below analysts expectations with a 2.6 per cent increase for assets under management (AUM) to £183.3bn. The fund manager saw outflows of £800m after clients withdrew from some property and fixed income funds as investors looked to boost exposure to equities. However, AUM increased to £183.3bn. Analysts at Numis downgraded forecasts for the company, after it failed to meet forecasts by two per cent. Aberdeen chief executive Martin Gilbert said: “It has been a solid quarter for Aberdeen and we are pleased with the progress made. “The group is well positioned to build on this momentum, despite volatile market conditions, as we continue to prioritise organic growth.” Show Comments ▼ Share Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Thursday 20 January 2011 8:15 pmlast_img read more

Consolidation hits Deutsche Bank profits

first_imgMonday 31 January 2011 9:12 pm whatsapp Consolidation hits Deutsche Bank profits GERMAN lender Deutsche Bank has revealed a fourth-quarter pre-tax profit well below estimates as a result of restructuring costs.The bank reported pre-tax profits of approximately €700m (£598.5m) for the last three months of 2010, down on its €756m posting for the same period the year before.Released in a surprise preliminary statement last night, the bank also said it was set to post a net income of just €600m, less than half of the €1.3bn recorded for the same period in 2009, a figure influenced by a tax credit. Analysts had anticipated a 70 per cent increase to approximately €1.3bn in pre-tax profits and around €889m in net income for the bank.However, Deutsche Bank said it had recorded total net revenues of approximately €7.4bn, up from €5.5bn recorded for the same period in 2009.Germany’s biggest lender said the acquisition of Deutsche Postbank had hit profits, as it worked to realign its business.Deutsche Bank secured a 21.48 per cent stake in the Bonn-based lender in November, adding to its existing 30 per cent holding at a combined cost of €6.3bn.The bank said it had “accelerated investments made to realign the bank” through the consolidation of Postbank and its wealth manager Sal. Oppenheim.Chief executive Josef Ackermann had set an ambitious target of €10bn in pre-tax profits for this year and may have viewed accelerated consolidation of the bank’s acquisitions over the final period of last year as a means to maximise profits in 2011.Ackermann told German magazine Focus that he would not extend his contract beyond 2013, when he turns 65.In an issue published yesterday, he said: “Prolonging one’s term indefinitely until one falls off the chair is not a solution.”Deutsche Bank is due to publish its full fourth-quarter results on Thursday this week. Show Comments ▼ Share whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Tags: NULL KCS-content last_img read more

Energees directors join Regal

first_img Show Comments ▼ whatsapp Energees directors join Regal Share Monday 4 April 2011 7:13 pm Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content center_img Tags: NULL Regal Petroleum has appointed directors of Energees Investments to its board after agreeing to a takeover offer from Energees in February. Alexey Pertin and Denis Rudev follow Oleksii Tymofieiev onto the board of the Aim-listed gas producer, completing the three board members that Energees can nominate to be appointed to the Regal board as part of the merger agreement. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald last_img read more

Carpetright gives third alert

first_img Tags: NULL Carpetright gives third alert whatsapp Wednesday 27 April 2011 7:39 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItMoneyPailShe Was Famous, Now She Works In {State}MoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesHero WarsThis game will keep you up all night!Hero WarsDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore Supplement Share whatsappcenter_img Show Comments ▼ KCS-content CARPETRIGHT, Britain’s biggest floor coverings retailer, yesterday warned on profit for the third time this year as cash-strapped shoppers held back on big-ticket purchases and raw material cost rises hit margins.Carpetright said it expected underlying pre-tax profit for the year to 30 April to be slightly below the £17.2m achieved in 2008/09. Earlier this month, Carpetright had forecast 2010/11 profit “broadly in line” with the 2008/09 outcome. Yesterday’s warning followed an alert in February. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org last_img read more

NY Gaming Commission sets out sports betting regulations

first_img The New York State Gaming Commission has taken the first step towards launching regulated sports betting in the state after approving regulations for the vertical.A meeting on Monday (January 28) saw the six-member commission approve regulations that will allow the state’s four commercial casinos to obtain sports betting licences, setting out a range of technical and reporting requirements.Sports betting must be conducted in dedicated, in-venue lounges, which must be at least 500 square feet, with no form of on-property mobile wagering or online betting permitted. All individuals directly involved in the operation of the sportsbook offering must be licensed or registered by the Commission, under the terms of the state’s Racing, Pari-Mutuel Wagering and Breeding Law.The operators themselves will be able to apply for certification that lasts as long as their casino licence, provided they supply a detailed operational plan for their sportsbook, as well as any evidence of their experience in sports betting.The casinos may also partner with a vendor to operate or assist in the running of the sportsbook, with all four existing commercial venues having already done so. Empire Resorts’ Resorts World Catskills has paired off with bet365; the del Lago Resort & Casino with DraftKings; Paddy Power Betfair’s FanDuel with Tioga Downs and Rush Street’s interactive arm will power sports betting at its Rivers Casino & Resort Schenectady.Players aged 21 and over will be able to bet on any event whose outcome can be verified and provided the outcome of the wager can be generated by a reliable and independent process. The event’s outcome must not be affected by bets being placed and the event must be conducted in compliance with all applicable laws, rules and regulations.Wagering will not be permitted on horse racing, on any amateur or youth sports event other than collegiate sports approved by the commission, and no bets can be placed on non-sporting events.The Commission may also rule that betting on certain sporting events is contrary to public policy. Leagues or governing bodies are able to submit requests for wagering on events they manage to be prohibited, provided they do so 60 days ahead of that event taking place.While the rules do not mandate the use of official league data, operators are required to regularly check the accuracy of the sports data feeds they use, and to employ an integrity monitoring provider to flag any unusual betting activity.The regulations are also likely to be applicable to the state’s tribal casinos, which are permitted to offer the same products as commercial venues under state gaming laws.Having been passed by the New York State Gaming Commission, the regulations will now be accepting public comments for a 60-day period, before being given final approval.The passage of the legislation has been smoothed by a 2013 law that gave New York the green light to establish commercial casinos in upstate areas, to create new jobs in the area. This was approved by voters with an amendment that gave the state the right to regulate sports betting should the Professional and Amateur Sports Protection Act be struck down.However as it only permits land-based, in-venue wagering, efforts to pass legislation for a wider roll-out of sports betting are underway. State Senate Racing, Wagering and Gaming Committee chair Joseph Addabbo has signalled his commitment to pushing for the current regulations to be amended to legalise mobile wagering, while Assemblyman Gary Pretlow has also pledged to introduce his own proposal. Email Address NY Gaming Commission sets out sports betting regulations 29th January 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US New York Tags: Race Track and Racino The New York State Gaming Commission has taken the first step towards launching legal sports betting in the state after approving regulations for the vertical, with the framework omitting any form of in-venue mobile wagering. Subscribe to the iGaming newsletter Topics: Casino & games Legal & compliance Sports betting Horse racing Casino & gameslast_img read more