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WORLD CUP GOOD FOR ALL INVOLVED

With the conclusion of the World Cup in South Africa this weekend, the international media, organisers and politicians have been emphasising the advantages of a wonderful but very expensive sports spectacle, lauded by many as the best World Cup yet.
 
Despite two years of difficult global economic conditions, the organisers went ahead with ambitious stadia and transport infrastructure programs, creating jobs for some 115 000 South Africans during the four year build-up to the event.
 
Spain and Holland, which played off in the final Sunday with the former winning, are also set to reap the benefits of extensive betting and worldwide coverage, according to the experts. And bookmakers everywhere are thought to have done well out of more than one unexpectedly early departure by top national teams.
 
But the biggest winner from the one-month tournament was FIFA. According to widespread media reports, the international football body benefited by US$ 3.2 billion in television rights and marketing revenue, up 30 percent on 2006. And FIFA will not pay a cent in taxes or fees to the host country, thanks to legislative amendments made in South Africa especially for the championship.
 
It is estimated that South Africa spent at least R40 billion on extensive transport and communications infrastructural improvements and the construction of ten state-of-the-art stadia for the event. Intangible benefits like national reconciliation and confidence have been listed among the advantages, but in more pragmatic assessments, the tourism industry enjoyed a substantial boost and global publicity that could have beneficial impact for years to come.
 
Television coverage alone was extensive, showcasing the country, its achievements and its scenic beauty and advanced business infrastructure. Literally billions across the world watched the 64 games in the tournament and attendant news and publicity.
 
The Netherlands and Spain expect an acceleration of economic growth by between 0.25 percent and 0.5 percent as a result of their exciting ride to the final clash.
 
Television companies were reporting new viewership records even before the grand finale on Sunday, which featured sophisticated technology in a vibrant closing ceremony.
 
Audiences in the US - where soccer is not a leading sport - surged by 50 percent. In Germany, the semi-final against Spain alone was watched by an unprecedented 32 million people, and in Spain at least a third of the total population were glued to television sets.
 
The billions of viewers around the globe also saw for the first time a large advertising presence by very ambitious Asian corporations like Hyundai.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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