December 17

NAFCU-backed reg relief bills slated for review today

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » NAFCU on Tuesday lodged support for several regulatory relief bills slated for mark-up today by the House Financial Services Committee, including measures related to Home Mortgage Disclosure Act improvements (H.R. 2954) and tailoring of regulations to limit burdens on affected institutions (H.R. 1116).“We appreciate the Committee’s continued efforts to provide regulatory relief and create an environment in which credit unions can thrive,” wrote NAFCU Vice President of Legislative Affairs Brad Thaler.The mark-up of 23 bills, in total, begins at 10 a.m. Eastern today. Thaler detailed in his letter to House Financial Services Committee Chairman Jeb Hensarling, R-Texas, and Ranking Member Maxine Waters, D-Calif., 10 bills NAFCU is watching and how they would help credit unions.last_img read more

September 25

Jovie Espenido not yet off the hook

first_imgEarlier yesterday, Department ofInterior and Local Government secretary Eduardo Año said Espenido’s name shouldhave been removed from the “narco list” given the police officer’s pastvalidations and his efforts in the governmen’’s war on drugs. The President’s statements should alsonot influence the Philippine National Police’s investigation on Espenido, saidPanelo, as the Chief Executive’s views on the police official could change if“credible evidence” is presented. “Panayang huli ng pulis…Marami palang drugs,” said Espenido. “Kungpapakitaan siya (Duterte) ng mga bagong ebidensya na nagpapakitang involved siya (Espenido) eh di ibang usapan ‘yun,” Panelo said. “The President always relieson the presumption of innocence of all people unless you show him na hindi.”Espenido was among the 357 police officers under investigation over allegeddrug links. He had previously earned praise from Duterte for his contributionsto the campaign against illegal drugs. Presidential spokesperson SalvadorPanelo said President Rodrigo Duterte did not exonerate Espenido – who wasincluded in the latest government narco list – despite saying the latter was“clean” and speculating that there is a smear campaign to derail thegovernment’s war on drugs. “’Yungmga nakaraang validation, siguro dapat na-clear nasiya. I don’t know bakit nagingmabagal ‘yung validation of the Inter-Agency Committee on Anti-IllegalDrugs (ICAD),” said Año yesterday. Even as Espenido tagged Bacolod City“shabulized”, he expressed confidence that “everything has an end.” Aside from being the deputy directorfor operations of the Bacolod City Police Office, Espenido also headed the CityDrug Enforcement Unit – for only three months since October 2019 when he wasassigned to Bacolod City. Espenido was removed from Bacolod Citysome two weeks after describing the metro as “shabulized”. MANILA – Controversial PoliceLieutenant Colonel Jovie Espenido, the sacked deputy director for operations ofthe Bacolod City Police Office, is not yet off the hook. “Yungpinamalas niya na paglaban sa droga doon saOzamiz City, napakalaking factor ‘yun para mag-serve in his favor,” Anoadded, referring to Espenido’s anti-illegal drugs operation against theParojinog clan in Ozamiz City in 2017.Espenido was also the police chief of Albuera, Leyte when the town’s then mayorRolando Espinosa, a drug suspect, was shot dead inside his jail cell in 2016 ina police operation to serve a search warrant. The secretary revealed that Espenidowas included in the drug watch list in December 2016 yet. “Mabentadaw dito…very easy magbili ng drugs. Tingnannatin kung hanggang kailan,” said Espenido./PNlast_img read more

August 30

Cross-selling in lockdown: what have we learnt?

first_img Share The recent unforeseen hiatus in live sporting events has presented the betting and gaming industry with one of the biggest challenges it has ever had to face, yet the experience has also been a learning curve, writes Pronet Gaming CCO Bobby Longhurst (pictured).The transition of sports bettors to alternative gambling content streams provided us with unique insight into player preferences which would not have otherwise been available – including some surprises. For sportsbook operators that recognised the opportunity to expand their offering with virtuals, esports and additional casino content, this remarkable period has taught invaluable lessons in how to cross-sell.  Despite the sports betting shutdown, many of our partners have been able to attract a number of existing customers to the new products in their offering. Although a proportion of this growth has been organic, the number of transitioning customers has been amplified by efforts to educate sports bettors on alternative content and tailor promotional activity. For esports, a vertical more traditional customers may have been unfamiliar with, education has been key to conversion. Bettors are more inclined to wager on markets that they understand, so promoting esports events on sportsbook platforms first required educating customers on how to bet on them. The virtual sports offering, meanwhile, presented people with a more familiar concept. Football and racing fans have naturally gravitated towards the virtual sport counterpart to continue engaging with a version of their favourite hobbies. What many have been impressed by, however, is the quality of virtual content now on offer. Advances in technology have made for huge improvements to the graphics and mechanics of virtual games in recent times, as well as an increase to the number of formats and betting markets available. As the virtual gaming experience aligns even more closely with that of real-life, the conversion of sports bettors will no doubt continue. In terms of cross-selling to online casino, the effectiveness has largely been dependent on the product offer and presentation. Fast-loading swipe casino games such as roulette and blackjack have been successful in attracting sportsbook customers. As well as seeming more approachable than slots, these traditional table games offer a convenience and quick-fire play which appeals to punters. Moreover, they allow players to seamlessly swipe between casino and sportsbook content, rather than redirecting them away from the main event. As sports events resume, this content will likely continue to serve as a tool to maintain engagement in multiple products at the same time.Looking at these three verticals combined, the overarching learning from recent events is the importance of having a diverse product portfolio. Being overly reliant on one offering has brought significant consequences for businesses throughout the industry, and it is those that have been quick to adapt and diversify which will emerge out the crisis in a better shape. At Pronet, we immediately refocused the user experience of our platform to give greater prominence to alternative products. Taking virtuals as an example, this allowed our partners to market virtual football and racing as though it was prime-time Premier League action and racing from Aintree, thereby offering another form of cross-selling for our operators by introducing players to entry-level RNG offerings.Ensuring these converted customers stick around as sports betting resumes is now a task for the industry as a whole. As the key to player engagement, retention techniques will be more important than ever before. In an ideal world, sports bettors will continue to take part in the form of entertainment they turned to during lockdown, whether it be virtuals, esports or online casino, at the same time as betting on their favourite sporting fixtures. Whether that becomes a reality will depend on the quality of the new gaming experiences offered, combined with a more considered approach as to how content is presented. If what we’ve learnt in recent weeks is applied to cross-selling strategies moving forward, then we’re confident a strong segment of bettors will keep returning to the alternative betting entertainment they enjoyed during this period even when live sports returns. Share Pronet: Understanding the ‘new normal’ for the Premier League July 17, 2020 ESA Gaming: The ‘lightweight’ weapon in an operator’s cross-sell arsenal August 19, 2020 Alessandro Sposito, ESA Gaming: Lightweight games for a heavy impact in Africa July 21, 2020 StumbleUpon Submit Related Articleslast_img read more