Macau outlook ‘sound’ despite underwhelming growth

first_img Macau has posted lower-than-expected gross gaming revenue for June Macau outlook ‘sound’ despite underwhelming growth Macau’s gaming outlook remains “fundamentally sound” despite a slump in the share prices of several Hong Kong-listed casino operators after slower-than-anticipated monthly revenue growth, according to investment firm Jefferies.A 12.5% increase in revenue from so-called “games of fortune” to $2.78bnin June was significantly lower than analysts’ expectations of about 18%. The share prices of Galaxy Entertainment, Melco International, Sands China and Wynn Macau all fell in the immediate aftermath of the disclosure.However, Jefferies managing director David Katz cautioned against drawing long-term conclusions from results that had “significantly” missed consensus estimates.“The opaque structure of Macau has resulted in wide disparities to intra-month checks the past two months and in the past, which can increase volatility,” he stated, according to Barron’s.Katz estimated third-quarter gross gaming revenue of 10.7% and added that the second quarter had not “altered our views on the upcoming quarter or long-term capabilities as we believe business remains fundamentally sound”.The figures represented a 23rd consecutive monthly increase in Macau’s gross gaming revenue. Accumulated GGR for the first half of this year is up by 18.9% at $18.6bn in comparison with the corresponding period last year.However, Japan is likely to provide a further challenge to Macau in the long run.Last month, law-makers in the country’s lower house passed an integrated resort implementation bill and extended the Diet’s session until July 22 in an effort to give the upper house a chance to sign off the legislation, which would open up the country to regulated casinos. Regions: China Macau Topics: Casino & games Finance 5th July 2018 | By contenteditorcenter_img Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Casino & gameslast_img read more

Gaming Realms grows revenue 65.9% in strong first half

first_imgCasino & games Gaming Realms grows revenue 65.9% in strong first half Igaming content developer and distributor Gaming Realms has reported a 65.9% year-on-year rise in revenue for the first half of 2020, which in turn helped the business report positive earnings for the period.Ig Topics: Casino & games Finance Slots Social gaming Tags: Mobile Online Gambling Slot Machines Igaming content developer and distributor Gaming Realms has reported a 65.9% year-on-year rise in revenue for the first half of 2020, which in turn helped the business report positive earnings for the period.Revenue for the six months to 30 June climbed to £5.2m (€5.8m/$6.8m), of which £3.4 came from licensing its content to third party partners – up 103.5% – while social gaming revenue rose 29.4% to £1.8m.Growth was driven by new client roll-outs during the period, with five top-tier operators launching Gaming Realms content by 30 June.In the UK, this saw Gamesys, Sky Betting & Gaming, 888 Casino go live; DraftKings add games to its New Jersey online casino, and Caliente roll them out in the Mexican market.The supplier also launched four new games during the reporting period, including Slingo Centurion in partnership with Inspired Entertainment, taking its portfolio to 40 titles.As outlined in a trading update last month, the business benefitted from increased online casino play as countries went into lockdown as a result of novel coronavirus (Covid-19). Growth was also aided by the reach of Slingo, which has been licensed for use in verticals outside of online casino such as lottery and social.With £2.9m of the half year total generated in the US, that market accounted for 56.1% of Gaming Realms’ revenue. This comes entirely from New Jersey, where the supplier has grown its market share to 3.5%. Subject to regulatory approval, it plans to expand into Pennsylvania, where it has applied for a gaming content supplier licence, early in 2021, followed by Michigan.However, the supplier is also diversifying, with contrinutions from other markets growing signficiantly. Gaming Realms saw revenue from Isle of Man licensed partners grow 115.2% to £1.3m, followed by a £753,269 contribution from the rest of the world (up 154.9%). Revenue from Great Britain, meanwhile jumped from £28,540 in H1 2019 to £226,376.Looking at outgoings for the period, marketing expenses declined to £101,408. This, however, was offset by increased operating expenses of £1.0m (up 45.5%), and administrative outgoings of £3.0m (up 6.8%), while the supplier made £40,075 in share-based payments in H1.These outgoings included £250,881 in costs related to redundancies, consultancy and relocation fees, after which Gaming Realms posted earnings before interest, tax, depreciation and amortisation of £988,186, compared to a £522,994 in the prior year.After finance costs, amortisation and deprecation, Gaming Realms’ pre-tax loss was significantly reduced, falling 72.0% to £692,578. After a £62,881 tax credit, the supplier’s net loss for the period was cut 80.3% year-on-year to £629,697.“Our exceptional performance in the first half of this year is testament to the strength of the company’s strategy of developing and licensing games to market-leading brands and gaming operators using our Slingo IP, which continues to deliver high margin revenues,” Gaming Realms executive chairman Michael Buckley said. “Whilst our results were enhanced during the Covid-19 period of self-isolation, I am pleased to say revenues in the second half are holding onto levels achieved during the first six months.“We are delighted to report that our innovative Slingo Originals content continues to gain momentum, reaching new international audiences thanks to our global network of distribution partners,” Buckley continued. “We remain committed to building on this, and growing our global reach during the second half of the year by investing in our unique content and securing further strategic partnership deals.“Our planned expansion into Pennsylvania and Michigan is hugely exciting and is set to significantly increase our foothold in the US, whilst reducing our dependency on the UK market.”Since the end of the reporting period, Gaming Realms said, licensing revenue was up 140% year-on-year over July and August, with social revenue increasing 56%. This, means the supplier’s board expects to generate positive cashflow for 2020, with high margin growth offsetting development costs for new games and a remote games server.This development has seen two new Slingo titles released, with three new operators – Jumpman Gaming, White Hat Gaming and MrQ – rolling out its content. Its reach has been expanded further in Europe through a distribution deal with Bragg Gaming Group-owned Oryx Gaming, and in the US through a direct integration and expanded deal with Rush Street Interactive.“The group is currently performing in line with market expectations and, with a number of new commercial developments in the pipeline, the board is confident in the future performance of the business,” Buckley added. Subscribe to the iGaming newsletter Email Address Regions: UK & Ireland US Michigan New Jersey Pennsylvania AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 8th September 2020 | By contenteditorlast_img read more

The curious history of Forest Avenue – Part Two

first_img The Anatomy of Fear February 28, 2018 at 3:21 pm Reply Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Reply However, LaVerne Davis, a CCF/Cadastral Mapper III with the Orange County Property Appraiser’s Office, discovered the name “Forrest” written in the description of the same Plat Map.In an email to The Apopka Voice, she wrote:“I’ve searched the plats along Forest Avenue. The earlier plats didn’t always include street names for the interior streets.  The only plat that I’ve found with the street name was Dream Lake PB H PG 48, which list the spelling as Forrest Avenue. Forest is bounded on the North by Oak St. and on the South by E 8th St at an RR R/W.”Jason Henry, the Administrative Operations Coordinator for the Orange County Property Appraiser, confirms and clarifies what Davis found. In an email to The Apopka Voice, he wrote:“After speaking with (the) mapping (department), the previous plat that I sent includes the spelling Forrest in the description, just not as the street name. The surveyor provided the explanation in February of 1923. As to when the spelling was corrected to Forest, unfortunately, we do not have that historical data as it would come from the city.”Here is the enlarged description in the plat map referenced by Davis and Henry:The February 27th, 1923 description of Forest Avenue spelled as Forrest Avenue.So what does this prove, and what is the purpose of the research?While it will never be known for sure that Forest Avenue was named after General Nathan Bedford Forrest, there is undoubtedly a lot of evidence to prove it was possible, even likely.There is the spelling of “Forrest Avenue” in the description on the 1923 plat map. There is the spelling of Forrest Avenue Baptist Church. There was the spike in monuments, schools, and streets named after Confederate icons in the 1920s which was the time when Forest Avenue was established. There were also racial tensions and popularity of the KKK in Apopka and Northwest Orange County in the 1920s. There was an eyewitness account of Pastor Barker, who said he recalled the name being Forrest Avenue. And there is the absence of a “noteworthy forest” to name Forest Avenue after.But despite the strong possibility that Forest Avenue was named after Nathan Bedford Forrest, it is doubtful that a single Apopkan today sees that street name and thinks about the Civil War general or has any feelings at all about Forest Avenue being a symbol of the Ku Klux Klan. This is not about tearing down a Confederate monument or changing the name because it’s thought to be offensive. That’s not the point of the research, the series, or a call for action.The Apopka Voice is proposing that the community take a positive, proactive move to correct a potentially tainted (whether known or unknown at the time) street name and transform it into something Apopka can be proud of.The name of a street so entwined with the history of Apopka should exemplify something positive or noteworthy about its community. This iconic road should not have even a hint of being connected to a Civil War general who has no ties to Apopka, or even a forest that never existed. A street like this should be named after a person who is also a part of Apopka history, that bridged communities both north and south of 441. A person who spent time in City Hall and is one of Apopka’s iconic treasures.It is for those reasons that The Apopka Voice recommends Forest Avenue’s name be changed to honor Commissioner Billie Dean by calling it Billie Dean Avenue.Dean’s family history mirrors racial struggles of the 1920sCommissioner Billie Dean is a brash, outspoken fighter. He has been for 24 years on the Apopka City Council, as a soldier on the battlefields of Korea, and as a teacher in the classrooms of Phillis Wheatley and Apopka High Schools.His family history made it a requirement.Commissioner Billie Dean is retiring after six terms in office.Dean announced last summer that he will end his career on the City Commission in 2018, thus closing the book on one of Apopka’s political legends.“I just think it’s time,” he said. “After 24 years I think I have served the community well and I think I have brought a lot of good to the community. I feel it’s time for me to step aside and allow someone younger and with new ideas to step in.”To fully understand Dean’s storied career, you must first understand his roots, which in many ways began in Morriston, Florida circa 1920’s. Dean was not alive yet, but his family was about to experience an incident that would shape it for generations to come. Much like Northwest Orange County and Apopka in the 1920s, Morriston was experiencing intense racial tensions that drove the Dean family away from their home permanently. “My grandfather managed 8,000 acres of citrus fields in Morriston and lived on a working farm. He was a preacher and a farmer,” Dean said.  “In the early 1920s, he earned enough money to buy a new 1925 Ford. He drove it to town, and the whites there felt that a black man shouldn’t own a brand new car… so the word got out that they were going to get a lynch mob and destroy the entire family. So all of them got into the Ford and moved to Clermont… and once they left, they never went back. They left with just the clothes on their back and they never, ever went back to reclaim their land. They had to start all over again.”   It was into that reality of racial inequality that Dean was raised.  After that traumatic experience, the family stayed in Clermont, where Dean was born. He went to elementary school there before graduating from Jones High School in Orlando. After high school, Dean served in the US Army and fought in the Korean War where he received a bronze star, which is awarded for heroic achievement or service in a combat zone. After the military, Dean graduated from Florida A&M University in Tallahassee where he received a Bachelor’s Degree in Science and Agriculture in 1960. In 1963 he received a Masters Degree in Agriculture, Administration, and Supervision also from FAMU.  After college, Dean worked 38 years as a teacher in Apopka at Phillis Wheatley High School and Apopka High School.  And it was there that Dean became a potential candidate for the Apopka City Commission. “They wanted a person to speak for the African-American community,” Dean said. “And because I was an outspoken teacher, everybody knew me, and I was asked to run for the seat by a lot of people. When something is not right, I’m outspoken. I always spoke my opinion, and in doing so whenever there was a problem, I was the go-to-man. And with that reputation in a little town like Apopka, the word got out and this is why they wanted me to be a city commissioner.” Dean ran unsuccessfully in 1990 against incumbent Commissioner Alonzo Williams, but in 1994, with Williams retired, Dean defeated Steve Rogers with 69% of the vote (919-415) and claimed the open seat – which he has held through five other election cycles. Dean remembers his early days in office as his fondest, particularly working alongside Apopka Mayor John Land. “He was a man of integrity, truthfulness, and his background was impeccable. When we went to Tallahassee, the legislators would look to him for advice. The last time I was with him (in Tallahassee), they gave him a plaque to honor his service. His demeanor and personality embodied all of the qualities of a mayor.”Dean has always been the voice crying out in the wilderness that is South Apopka for change, and improvements, and there have been highs and lows to that fight.“South Apopka has not changed a lot except the county has paved some streets,” he said. “For years South Apopka had nothing but dirt, sand and clay roads. Central Avenue was a clay road when I came here in 1963. Michael Gladden Boulevard was a sand street. Other than the pavement, not much has changed.”Perhaps Dean’s most fulfilling moment in the fight to bring improvement to South Apopka came in March with the beginning of the Habitat for Humanity project (Juniper and Arbor Bend) to bring 58 houses to the struggling community.“It’s a God sent endeavor to do something on this side of the city,” Dean said.  Affordable housing in South Apopka is what I have been fighting for as long as I’ve been a commissioner. Habitat taking the reins is just what we need.”Dean recalled a time when he too brought affordable housing to South Apopka.“Look over there,” he said pointing across the street past Juniper and Arbor Bend.” You see those houses? My wife and I built those homes. Beautiful 2-bedroom duplexes, 21 of them we built. Back in the 80’s. For decades I have been calling for this. This has been necessary for decades. I have been asking for this type of project well into the previous administration. This is a godsend for this community. They called it the Graveyard Quarters because of all the shacks they built right next to the graveyard. But no more.”In many ways, Dean’s life and his emergence in Apopka politics run concurrent to the story of this historic road. Both Dean and his family weathered the racial tensions of previous eras. Like Forest Avenue, he has an iconic stature in Apopka.Dean also has a lifetime of service to this community, and like the West Orange Trail bridge that crosses 441 alongside Forest Avenue, he too was able to bridge the communities of Apopka both north and south.In April, Dean will watch as a new member of the Apopka City Commission is sworn-in to Seat #1… a seat that he has occupied for three decades. Dean will begin the next chapter in his life after rising to vice mayor of the second largest municipality in Orange County, after becoming the undisputed champion of South Apopka, and after re-writing a family history that was nearly erased in the 1920s.It’s not enough to send this man into retirement with a warm “thank you for your service,” and a party. He is the last of a legacy of longstanding incumbents, and these giants of Apopka politics are not to be forgotten. They are to be revered and remembered timelessly. Dean is a legend who replaced a legend (Alonzo Williams) on the Apopka City Council.Now Apopka should replace the name of Forest with Billie Dean.Correction/Clarification: After reading the Forest Avenue series, Apopka Fire Chief Chuck Carnesale contacted The Apopka Voice to correct the 1923 date of its establishment as an Apopka road. Carnesale provided a map from 1887 showing Forest Avenue as an established road and the original spelling as Forest. The Apopka Voice appreciates the clarification by Chief Carnesale but stands by its premise based on the evidence provided within the two-part series, and still endorses changing the name to Billie Dean Avenue. March 1, 2018 at 8:05 pm James1958 Interesting article and comments! March 2, 2018 at 10:43 am Reply February 28, 2018 at 3:38 pm Fannie Please enter your comment! Reply DrO Share on Facebook Tweet on Twitter You are hilarious! For decades, our town historian, 96+ year old Mrs Annie Belle Driggers Gilliam has proposed naming it after the police officer killed on the street at the Standard Oil building. It is now owned by the Johnsons and is occupied by Patti Caces Catering. Constable Denson Hudson deserves the recognition and there are other streets that could bear the name of Mr. Dean. It should be done before his last living child dies. This recommendation has nothing to do with civil issues, just respect for the only officer to shed his blood on this street in Apopka. Let’s leave existing street names out of this and consider naming New ones after deserving people, it would cost too much money to rename a street, so name a new street after the deceased , not living the living. Fannie Reply Mama Mia Support conservation and fish with NEW Florida specialty license plate Mama Mia April 7, 2018 at 11:56 am You have entered an incorrect email address! Please enter your email address here 6 COMMENTS TAGSForest Avenue Previous articleFindings released in Parkview at Wekiva water testingNext articleApopka Police Department Arrest Report Denise Connell RELATED ARTICLESMORE FROM AUTHOR March 1, 2018 at 8:17 pm Please enter your name here Reply LEAVE A REPLY Cancel reply Interesting…..Yes, Forest St. could be renamed to honor Commissioner Billie Dean, who is very worthy of the honor, but since Forest St. has a stinky old sewage pumping station, that used to be the old wastewater treatment plant, between the old hospital and the Fran Carlton Center, I don’t think that would be such an honor to Commissioner Billie Dean, not to mention the confusion of all the changing of the old street name on the official records, to the new name. What I think would be much more honorable, would be for the new Errol Estate development coming in, to name the new road entrance planned off of Vick Road, down into Errol Estate, nearby where he lives, and it could be named for Commissioner Billie Dean, maybe Billie Dean Golfway or something of that nature. I think it will be a public street, not private, if I am correct. Maybe the Errol owner will consider it seriously, as Commissioner Dean lives there also in Errol, and has helped make Apopka what it is, a great place to live, relax, and chill out! Peace, love, good luck, and good health to Commissioner Billie Dean and his wife, Isadora, in his well deserved retirement. He will truly be missed on the Apopka City Council! Save my name, email, and website in this browser for the next time I comment. Fannie, you think I am hilarious? Okay, whatever you say…LOL I think the street I live on should be changed to O Mama Mia Court…..ha ha ….how is that for hilarious? The Forest Avenue Series This is the second in a two-part series entitled “The curious history of Forest Avenue.” The series investigates the origin of the road’s name, details the racial climate during the time Forest Avenue was established, and ultimately asks two fundamental questions: Who or what was this road named after? And what should happen to Forest Avenue going forward? During part one, we took a trip down Forest Avenue, visited a church with an interesting name, went back in time to the Civil War, and visited Apopka, Circa 1920s. Today we let the City of Apopka and Orange County weigh-in on the idea that Forest Avenue may have been named Forrest Avenue. We explain the motivation to publish this series, and we make a recommendation about Forest Avenue moving forward.To read Part One, go here.Part Two: What does the City of Apopka and Orange County say about Forest Avenue?There is a 95-year-old road in Apopka named after a Civil War general that was also a one-time leader of the Ku Klux Klan? That’s a lot to comprehend or believe based on anecdotes and circumstances in 1923.But the story doesn’t end there.The Apopka Voice reached out to the City of Apopka, Orange County, and the Orange County Property Appraiser’s Office for information on Forest Avenue.Phil Martinez of the Apopka Planning and Zoning Commission researched the history of Forest Avenue and found a plat map for a “Dream Lake Addition” that references the road.In an email to The Apopka Voice, he wrote:“I haven’t found any documents showing an original name. The oldest document is attached, showing that the name “Forest Avenue” applied in 1923.”The Plat Map of a Dream Lake addition shows the spelling as Forest Avenue.last_img read more

Getting to Maybe: How the World Is Changed

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Getting to Maybe: How the World Is Changed  12 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Howard Lake | 23 November 2007 | Newslast_img read more

Disability Pride rocks Philadelphia for 8th consecutive annual parade

first_imgIn a highlight of the rally before the parade, Chief Executive Officer of Liberty Resources Independence for Everyone Thomas H. Earle led the crowd in a song. Like the Raging Grannies, who rewrite lyrics of popular songs in protest against war, racism and injustice, Earle changed Harry Belafonte’s Banana Boat lyrics to “Olmstead, Olmstead, daylight come, and I want to go home!”Olmstead v. L.C. was the most significant civil rights decision for people with disabilities. Based on the 1990 Americans with Disabilities Act, the U.S. Supreme Court in 1999 upheld Omstead’s provisions of the qualified right of people with disabilities to receive state-funded supports and services in the community rather than being forced to live in institutions or nursing homes — if there is appropriate support in the community; if the disabled person chooses to live in the community; and if such accommodation is deemed “reasonable” when considering the overall needs of the entire disability community. The Olmstead decision was based in part on a successful disability civil rights precedent in Philadelphia argued by the Disabilities Law Project in 1995. The parade featured many colorful costumes and puppets, and a festival followed the parade. Several New Yorkers travelled to Philadelphia and told everyone about the Disability Pride Parade coming up next month in New York City for the fifth consecutive year. New York’s disability community will gather in Madison Square Park July 14 at 10 a.m. Then we will roll, ride, scooter and walk from Madison Square Park down Broadway for a Disability Rights Festival from noon to 3 p.m. at Union Square Park.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this Many hundreds of people with disabilities and their allies commemorated Disability Pride Week by attending Philadelphia’s 8th annual Disability Pride Parade June 15. last_img read more

More than 800 appointments at Limerick mental heatlhcare centre

first_imgWhatsApp Twitter Previous articleLimerick politicians accuse each other of speaking through their anatomiesNext articleAAA join the fight for ‘full equality’ in Limerick Alan Jacques Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick Ladies National Football League opener to be streamed live WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Print Limerick’s National Camogie League double header to be streamed live TAGSCllr Daniel ButlerFine GaelHunt MuseumKrystian FikertlimerickMyMindMyMind Centre for Mental Wellbeing by Alan [email protected] up for the weekly Limerick Post newsletter Sign Up Krystian Fikert, MyMind, with Cllr Daniel Butler at the Hunt Museum for the first birthday of MyMind mental health service in Limerick.(Picture: Keith Wiseman)THE MyMind Centre for Mental Wellbeing has provided over 800 appointments to clients since opening its doors in Limerick last year.A not-for-profit provider of accessible mental health care in the community, MyMind is based at 66 O’Connell Street. In its first year, the Limerick hub has provided fast, affordable and accessible mental health services with 808 appointments recorded to date.Equipped with a team of psychotherapists and counsellors, MyMind provides counselling, wellbeing and psychotherapy services in more than ten languages either online, face-to-face or in the workplace.Charges are based upon employment status, allowing the unemployed or full-time students to access services at vastly reduced rates. In addition, revenue generated from full fee clients is reinvested, enabling MyMind to provide affordable services to all.New clients may self-refer and appointments are usually made within 72 hours of contact.“We are delighted to be celebrating our first year of providing high quality, low cost mental health care in Limerick, and are dedicated to growing and improving this service for many years to come,” said MyMind founder Krystian Fikert.“In Ireland, someone experiencing mental health issues may be faced with long waiting lists and costly private services. MyMind is working hard to fill this gap through a mental health service that is easily within everyone’s reach.”MyMind believes that early intervention is the most effective way to prevent mental health issues such as depression, anxiety and stress from turning into severe problems. By providing fast and easy access to services in the community, MyMind enables people to access supports for mental health problems early on.MyMind has impacted on more than 20,000 lives in Ireland since being set up in 2006.“Since we opened the Limerick centre , we have seen demand for our services grow rapidly, with more and more clients referring friends and family members to our centre. This shows just how much of a need there is for MyMind’s uniquely accessible service,” said Mr Fikert.Speaking at the MyMind’s first anniversary celebrations in the Hunt Museum this week, Fine Gael councillor Daniel Butler hailed the mental health service as a “great attribute” to the city. He praised the quality of its service and said that by being located in the heart of the city centre, it “challenges the stigma around mental health”.“The conversation about mental health is growing. We are getting better at talking about it. We have accumulated the language and we now need to accumulate the understanding to start bridging that gap,” Cllr Butler commented.For more details on MyMind log onto NewsLocal NewsMore than 800 appointments at Limerick mental heatlhcare centreBy Alan Jacques – April 30, 2015 699 Facebook Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Email RELATED ARTICLESMORE FROM AUTHOR Linkedin Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Advertisementlast_img read more

Trump looks to reassert himself after impeachment acquittal

first_img Trump looks to reassert himself after impeachment acquittal TAGS  By Digital AIM Web Support – February 15, 2021 Facebook Twitter WhatsApp WhatsApp WASHINGTON (AP) — Donald Trump took in the win at Mar-a-Lago, surrounded by friends and family. His lawyers celebrated with hugs and smiles. One joked, “We’re going to Disney World!” Now acquitted in his second Senate impeachment trial, Trump is preparing for the next phase of his post-presidency life. Feeling emboldened by the trial’s outcome, he is expected to reemerge from a self-imposed hibernation at his club in Palm Beach, Florida, and is eyeing ways to reassert his power. But after being barred from Twitter, the former president lacks the social media bullhorn that fueled his political rise. And he’s confronting a Republican Party deeply divided over the legacy of his jarring final days in office, culminating in the Jan. 6 storming of the Capitol. Searing video images of the day played on loop during his impeachment trial, which ended Saturday. Trump remains popular among the GOP base, but many Republicans in Washington have cooled to him. Never before have so many members of a president’s party — seven GOP senators, in his case — voted for his removal in a Senate trial. Some may work to counter efforts by Trump to support extreme candidates in next year’s congressional primaries. Undeterred, friends and allies expect Trump to resume friendly media interviews after weeks of silence. He has met with political aides to discuss efforts to help Republicans try to take control of the House and Senate in the 2022 midterms elections. He remains fixated on exacting revenge on Republicans who supported his impeachment or resisted his efforts to overturn the results of the November election won by Democrat Joe Biden. “I imagine you’ll probably be hearing a lot more from him in the coming days,” senior adviser Jason Miller said. In a statement after the vote, Trump offered few clues, but was defiant as he told supporters their movement “has only just begun.” “In the months ahead I have much to share with you, and I look forward to continuing our incredible journey together to achieve American greatness for all of our people,” he said. Sen. Lindsey Graham, who spoke with Trump on Saturday night, acknowledged that Trump is “mad at some folks,” but also “ready to move on and rebuild the Republican Party” and “excited about 2022.” In their conversations, Graham has stressed to Trump, who has threatened to start his own party to punish disloyal Republicans, that the GOP needs him to win. “I said, ‘Mr. President, this MAGA movement needs to continue. We need to unite the party. Trump-plus is the way back in 2022,’” Graham, R-S.C., told “Fox News Sunday.” “My goal is to win in 2022 to stop the most radical agenda I’ve seen coming out of the Democratic presidency of Joe Biden. We can’t do that without Donald Trump, so he’s ready to hit the trail and I’m ready to work with him,” Graham said. Graham said Senate Republican leader Mitch McConnell, who voted to acquit but then delivered a scalding denunciation of Trump, “got a load off a chest, obviously.” Graham said later in the interview: “If you want to get something off your chest, fine, but I’m into winning.” At his Palm Beach club on Saturday night, Trump was in a joyous mood as he enjoyed dinner on a patio packed with people. After a mellow last several weeks, one member described a party atmosphere not felt since before the election. Still, Trump isn’t in the clear yet. No longer protected by a Justice Department opinion against the prosecution of sitting presidents, he now faces multiple ongoing criminal investigations. In Georgia, the Fulton County district attorney has opened a criminal investigation into “attempts to influence” the election, including Trump’s call to Secretary of State Brad Raffensperger demanding that the official find enough votes to overturn Biden’s victory. In New York, Attorney General Letitia James is investigating whether Trump and his company improperly inflated the value of his assets on annual financial statements in order to secure loans and obtain tax benefits. Manhattan District Attorney Cyrus Vance Jr. continues his own investigation, which has included grand jury testimony. “He didn’t get away with anything — yet,” McConnell, R-Ky., after the vote. “We have a criminal justice system in this country. We have civil litigation. And former presidents are not immune from being accountable by either one.” McConnell voted to acquit Trump on the grounds the trial was unconstitutional because he is no longer in office, but insisted, “There’s no question — none — that President Trump is practically and morally responsible for provoking the events of the day.” That sharp rebuke from his once-loyal defender underscores how dramatically Trump’s stock has fallen in Washington since his first impeachment trial just over a year ago. But the desire to be rid of Trump is not shared across the country, where Republicans who have dared to admonish him have faced swift rebuke. Rep. Liz Cheney, R-Wyo., was forced to defend her third-in-line leadership position after she voted in favor of impeachment. On Saturday, Louisiana’s Republican Party quickly censured Sen. Bill Cassidy, one of the seven Republicans senators who voted for Trump’s conviction. In an interview Sunday with ABC’s “This Week,” Cassidy seemed at peace with his decision. “I think his force wanes,” he said of Trump. “The Republican Party is more than just one person. The Republican Party is about ideas.” But how long Trump retains his grip remains an open question, especially with a slew of likely 2024 candidates now trying to take the mantle. Some, like Maryland Gov. Larry Hogan, are advocating a clean break from Trump, who ended his presidency with a record low 34% approval rating according to Gallup polling. Others have stressed the need to keep his voters engaged, perhaps with candidates who trumpet the policies Trump championed, but with a less caustic style that might win back suburban voters. In a sign of his enduring power, the Republican National Committee and other groups spent the trial sending fundraising appeals urging their followers to “Stand with Trump” and “SAVE President Trump’s Legacy,” in the words of the National Republican Congressional Committee. “Oh, time is going to take care of that some way or another,” said Sen. Chuck Grassley, R-Iowa, told reporters Saturday. “But remember, in order to be a leader you got to have followers. So we’re gonna find out, whoever leads. But everybody’s going to be involved. We’re a big tent.” While the Senate failed to bar Trump from running again for office, many believe he has done too much damage to be a credible candidate himself in 2024. Republican Sen. Pat Toomey of Pennsylvania, who is retiring, said Trump’s refusal to accept the results of the election had “very badly damaged his reputation,” eclipsing his accomplishments in office. “Instead,” Toomey said, “he’ll be remembered throughout history as the president who resorted to nonlegal steps to try to hold on to power.”center_img Pinterest Facebook Local NewsUS News Previous articleThe Latest: Ruud retires, Rublev into quarters in AustraliaNext articleWilliams’ 30 points leads Clippers in 128-111 rout of Cavs Digital AIM Web Support Pinterest Twitterlast_img read more

Single-Family Rental Market Stabilizes

first_img Tagged with: CoreLogic Prices Rental Sales May 21, 2019 1,913 Views Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. in Daily Dose, Featured, Investment, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Seth Welborn Share Save  Print This Post CoreLogic Prices Rental Sales 2019-05-21 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Single-Family Rental Market Stabilizescenter_img Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: A Look at the Housing Market’s Potential Next: A Data-Driven Approach to Neighborhood Stabilization The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago According to the latest data from CoreLogic’s Single-Family Rental Index, single-family rents increased 2.9% year-over-year in March 2019, up from a 2.7% increase in March 2018. CoreLogic reports that the steady rent growth that began in 2010 has begun to stabilize, fluctuating between 2.7% and 3.1% for the past 12 months. March’s growth was propped up mainly by low-end rentals, defined as properties with rents 75% or less of a region’s median rent. Rents on lower-priced rental homes increased 3.5% year-over-year and rents for higher-priced homes, defined as properties with rents more than 125% of the regional median rent, increased 2.4% year-over-year.CoreLogic notes that, by metro area, Phoenix had the highest year-over-year rent growth this March, with an increase of 7.4%. It was followed by Las Vegas (6.9%) and Tucson, Arizona (6.3%). Meanwhile, Miami had the lowest rent growth in March, increasing by just 0.4% from the prior year, and Houston and Miami had the largest deceleration in rent growth in March. Data from the National Association of Homebuilders (NAHB) and the Census Bureau revealed that new single-family rent construction slipped in March. The Census Bureau’s Quarterly Starts and Completions by Purpose and Design report indicates that there were 5,000 single-family built-for-rent starts for Q1 2019, below the 6,000 estimated for the start of 2018. Over the last four quarters, 42,000 such homes began construction.The NAHB notes that these quarter-to-quarter fluctuations were not statistically significant. The current four-quarter moving average of market share (4.8%) remains higher than the recent historical average of 2.7% (1992-2012) but is down from the 5.8% reading registered at the start of 2013.The market for single-family rental (SFR) securitizations, meanwhile, continued to grow month-over-month in March. During that month, it increased to 4.7% from 4.2%, according to a recent Morningstar Credit Ratings report. Home / Daily Dose / Single-Family Rental Market Stabilizes Related Articleslast_img read more

The Industry Pulse: New Hires Across the Industry

first_img Previous: Wells Fargo Names New Chief Economist Next: 30% of Americans Missed June Housing Payments  Print This Post The Industry Pulse: New Hires Across the Industry Sign up for DS News Daily June 9, 2020 895 Views Servicers Navigate the Post-Pandemic World 2 days ago industry pulse 2020-06-09 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Wells Fargo Corporate & Investment Banking (CIB), a division of Wells Fargo & Company has announced Jay Bryson has been named Chief Economist for its division, effective immediately.“Under Jay’s leadership, our economics group has made a significant impact across the enterprise and to clients by offering insightful analysis and invaluable information,” said Walter Dolhare, head of Markets for Wells Fargo Corporate and Investment Banking and President of Wells Fargo Securities, LLC. “Jay is an exceptional economist and a highly talented leader, and I am confident our economics group will continue to develop pioneering analysis that is critical to our clients under his strong leadership.”In this role, Bryson leads the economists and analysts who form the Wells Fargo CIB Economics Group. He and his team provide analysis on economic and financial developments in the U.S. and major foreign economies that can assist clients in their business decisions. The group also makes forecasts of major macroeconomic variables in these economies. Bryson and the other economists on the team are frequently featured as public speakers and widely quoted in the media. Bryson reports to Dolhare._____Richard LombardiBlack Knight, Inc. announced that industry veterans Richard Lombardi and Kevin Hughes have joined the company’s Data & Analytics organization. Lombardi will serve as senior vice president for Data Strategy & Innovation, and Hughes will be senior vice president of Sales and Business Development for Black Knight’s Multiple Listing Services (MLS) technology business. Each industry veteran brings decades of knowledge to the Black Knight team.Kevin Hughes“This gives Black Knight a tremendous opportunity to benefit from the talent and in-depth industry knowledge that Richard and Kevin bring to the team,” said Ben Graboske, president of Black Knight Data & Analytics. “They are both consummate professionals with deep experience who bring great skill and insight to our organization, and will fit in well with Black Knight’s spirit of innovation and acting with urgency to support clients’ needs.”Prior to joining Black Knight, Lombardi served as chief operating officer of ATTOM Data Solutions, responsible for oversight of operations, sales, customer success and contracts. Before that, he was vice president of Data Solutions and Licensing at CoreLogic, responsible for overall sales strategy and field engagement within the National Licensing division._____McCalla Raymer Leibert Pierce, LLC is has announced that Elizabeth DeSilva has officially joined the firm, effective May 18. DeSilva will be based in the firm’s Dallas, TX office.DeSilva has been practicing law for 25 years. During that time she has established herself as a respected leader in the mortgage servicing industry. Her resume includes previous stints as being counsel for AllyGMAC Financial, Ocwen Financial Corporation and most recently as VP, Chief Servicing Counsel for Ditech Financial, LLC. DeSilva has become a key speaker and valued mortgage industry proponent for servicing, service providers, and borrowers in her career.DeSilva said, “I am very excited to be joining the MRLP team. I am looking forward to beginning the next chapter of my career by partnering with my new colleagues in helping out clients in innovative ways to achieve our common goals.” About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles in Daily Dose, Featured, News Tagged with: industry pulse Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / The Industry Pulse: New Hires Across the Industry The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Subscribelast_img read more

How A Politician Procured 10,000 Vials Of Remdesivir From Delhi When Capital Is In Crisis? Bombay High Court Asks

first_imgNews UpdatesHow A Politician Procured 10,000 Vials Of Remdesivir From Delhi When Capital Is In Crisis? Bombay High Court Asks Sharmeen Hakim27 April 2021 2:51 AMShare This – xThe Bombay High Court on Tuesday questioned the Centre about private individuals procuring anti-viral drug, Remdesivir, directly from the manufacturer and distributing it, when companies are expected to provide stocks directly to the Centre. The division bench of Chief Justice Dipankar Datta and Justice GS Kulkarni was referring to the petition filed by four agriculturists before the Aurangabad Bench seeking an FIR against Dr. Sujay Vikhe Patil, BJP Member of Parliament from the Ahmednagar Constituency for the alleged unauthorized procurement and distribution of 10, 000 Remdesivir injections. “There is a news report that a politician bought and distributed 10,000 vials to Ahmednagar from Delhi by a chartered plane? How is this possible? Delhi itself is in crisis. Doesn’t this amount to private distribution by the person?” the observed, adding, that there is a need to increase surveillance. When the Additional Solicitor General Anil Singh tried to say that it was merely a news report, the bench remarked that it was not just media reports, the politician himself had posted about the procurement on social media. The court said it was aware that the Aurangabad bench was already seized of the but sought a response from the ASG, observing that they would be forced to take action if more manufacturers are found providing drugs to private individuals. “If we find other instances where private manufacturers are giving Remdisivir directly to individuals we may pass an injunction order against such manufacturers.” The bench orally sought details of the incident. The Court was hearing two PILs, on the improper management of the covid-19 crisis in Maharashtra. The first petition is filed by advocate Sneha Marjari, represented by advocates Simil Purohit and Arshil Shah, and the second by Nilesh Navlakha, represented by advocate Rajesh Inamdar. During the last hearing, the bench had passed several directions regarding the availability of Remdesivir injection, oxygen, and bed availability and asked the State and Centre to file their responses by May 4. However, the bench took up the matter, on Tuesday, to assess if these directions had been complied with. On Tuesday, the bench asked the State if a nodal officer was appointed for the distribution of Remdesivir. When the State responded that it was yet to be done, the court observed. “Order was passed on April 27, we work beyond midnight to get it uploaded. How long does it take to provide a nodal agent and a 24/7 number?” Crematoriums When the court was informed that several gas crematoriums were not functional, they asked the State Government to order all district collectors to ensure effective dead-body management and give details about the steps taken to improve the condition of crematoriums. “Why don’t you take steps to make all gas crematoriums operational? “- J Kulkarni said, he added that the crematorium in Walkeshwar was not working. It can’t be that people are kept waiting for cremation, for this you will also have to seek the position of the mortuaries, the bench further observed. Call 1916 To check if ICU beds were available, the Court asked Advocate Purohit to call the BMC’s helpline number and check. Purohit called the number and was directed to contact the war room, which sought further details of the patient to be admitted. Advocate Arshil Shah then pointed out a social media tweet to highlight the lack of availability of ICU beds. The bench will now hear the matter on Thursday. TagsBombay High Court Remdesivir Central Government Chief Justice Dipankar Datta Justice GS Kulkarni Next Storylast_img read more