Donald Trump, Hillary Clinton Take Commanding Leads in Super Showdown tuesday

Donald Trump, Hillary Clinton Take Commanding Leads in Super Showdown tuesday

Donald <span id="more-1405"></span>Trump, Hillary Clinton Take Commanding Leads in Super Showdown tuesday

Update March 2, 2016: Since we first published this story, back-of-the-field GOP runner Ben Carson has announced he sees ‘no path forward’ in his campaign. That he may do so when he speaks on Friday at a Washington, D.C. conference although he has not officially ended his run as yet, it’s expected.

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Anyone who’s considered Donald Trump as some fringe candidate that would ultimately fizzle out of the race that is republican voters came to their senses got a huge splash of cold water on Super Tuesday. Sweeping most of a substantial lead to his races, the Donald proved he could be here to stay within the 2016 presidential process.

Donald Trump and Hillary Clinton were Super Tuesday’s big champions, and a head-to-head general election between the two now seems more likely than ever before. (Image: AP/Zuma)

Long thought to function as firewall to the billionaire’s campaign, Super turned instead into an accelerant for Trump’s race to the White House tuesday.

The former casino magnate and reality show star had won seven of the 11 states up for grabs, including the politically conservative Georgia, the potential swing state Virginia, and the Bible Belt’s Arkansas and Alabama by end of day. Trump also took Massachusetts, Vermont, and Tennessee.

Texas Senator Ted Cruz managed to rally his home that is valuable state too as Oklahoma and Alaska, while Florida Senator Marco Rubio scored his first triumph in Minnesota.

‘This is an amazing evening … it’s really been great,’ Trump said during a press conference that is victory. ‘It had been a very night that is tough Marco Rubio … he is a lightweight.’

Clinton Keeps Pace

Super Tuesday was allowed to be Cruz’s night, as the religiously conservative senator was hoping to pounce on the southeastern United States’ heavily evangelist Christian base. Rather, voters largely went for the twice-divorced Manhattanite in Trump.

That takes the 2016 presidential race one giant step nearer to the showdown that’s been impending for weeks: Hillary Clinton versus Donald Trump into the basic election.

Tuesday was no surprise on the side that is democratic, because the frontrunner extended her lead over challenger Vermont Senator Bernie Sanders. Like Trump, Clinton took seven states in most to Sanders’ four.

In her victory speech at the conclusion associated with day, Clinton didn’t spend time in attacking Sanders. Instead, she went after her GOP that is likely challenger.

Using a jab at Trump’s ‘Make America Great Again!’ motto, Clinton said, ‘We understand we’ve got work to accomplish, but that work, that work isn’t to help make America again that is great. America never stopped being great.’

Clinton won Georgia, Virginia, Alabama, Massachusetts, Tennessee, Texas, and Arkansas. Sanders won their home state of Vermont, plus Colorado, Oklahoma, and Minnesota.

Super Schmoozeday

There have been no surprise that is spotlight on Tuesday, with several events being called the minute polls closed by tv news outlets rushing to declare the victor first. Cruz and Sanders both took their property states, not surprisingly, and the favorites Trump and Clinton took the all-important Virginia.

Cruz winning Texas and Rubio sweeping Minnesota for their debut victory only put Trump closer to securing the GOP nomination.

The two main challengers to Trump doubled down late Tuesday, reiterating that they’ren’t dropping out to aid each other. And Ohio Governor John Kasich and former neurosurgeon Ben Carson, operating fourth and fifth respectively, said they too aren’t suspending their promotions.

Rubio and Cruz, perhaps oddly, talked night that is last if these people were the big champions.

‘So long as the field remains divided, Donald Trump’s path to your nomination continues to be much more likely,’ Cruz claimed. ‘For the candidates who’ve not yet won a state … we request you to prayerfully start thinking about our coming together.’

Rubio said of their runner-up finish in Virginia, ‘We basically fought Donald Trump to a draw despite having to share the ballot by having a wide range of those who probably took votes away,’ the senator said, referring to also-rans Kasich and Carson.

Paddy Power Slapped by Regulator over Poor Anti-Money Laundering Measures

Paddy energy, which began its brand new presence as one half of Paddy Power Betfair with a scolding that is strong the UKGC. (Image: twitter.com)

Irish bookmaker Paddy Power is accustomed featuring its wrists slapped by Britain’s Advertising guidelines Authority by now. The company that is controversial revels in the notoriety its risqué advertising brings, and it understands that some condemnation comes with that truth.

But a report published last week by the UK Gambling Commission (UKGC) details transgressions that are far more damaging to the company’s reputation than the sporadic off-color TV spot about blind soccer players throwing a cat into a tree.

The regulator criticized Paddy Power for ‘serious failings’ in its anti-fraud and money laundering procedures in the report, highlighting two customers at the company’s land-based gambling shops who were discovered to have laundered money through the bookmaker’s fixed-odds betting terminals (FOBTs).

Customer Fraud Conviction

The report also found that the operator had failed to take ‘reasonable steps’ to establish the supply of a number of its customers that are online gambling funds, citing an example of a customer who had been later convicted of fraud.

Bank worker Mark Cooney ended up being sentenced to 28 months in prison in September, after pleading accountable to stealing very nearly £250,000 ($348,000) from the accounts of elderly or customers that are deceased purchase to fund his gambling addiction.

Paddy energy ‘made no inquires that are direct about where his cash came from, the regulator said.

The company that is betting it had flagged Cooney as ‘medium risk’ and recommended that further information be obtained, but no action had been taken. The operator acknowledged it failed to follow its own research procedures with respect to checks on customers.

In a third case, betting shop senior staff were found to have motivated a problem gambler to keep betting until he had lost five jobs and became homeless.

When the man, known only as Customer A, finally began to make fewer visits to the shop, a senior worker advised junior staff that ‘steps should be studied to increase Customer A’s visits and time spent in the gambling premises.’

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‘This was grossly at odds utilizing the licensing goal of preventing people that are vulnerable being exploited by gambling,’ said the Gambling Commission.

Paddy Power, which last thirty days finished its €10 billion merger with Betfair, is likely to make a voluntary payment of £280,000 to a ‘socially responsible’ cause, plus £27,250 towards the Commission to pay for the research.

It is also necessary to submit its anti-money-laundering procedures to a third-party review and to strengthen its customer checks.

‘The historical failings outlined in this report had been clearly unacceptable,’ said a representative for the enlarged Paddy Power Betfair.

‘Paddy Power has since dramatically strengthened its procedures that are internal staff have now been retrained to make certain these procedures are implemented effectively. Paddy Power Betfair takes its obligations extremely seriously and we have cooperated fully with all the Gambling Commission at every stage of the procedure,’ the company spokesperson added.

Amaya Sets Parameters with CEO David Baazov and Withholds Revenue Projections as Takeover Talks Continue

Amaya CEO David Baazov is trying to simply take back their own company, and the gaming corporation will not be forecasting earnings in 2016. (Image: QMI Agency/ tvanouvelles.ca)

Canadian gaming operator Amaya Inc. has released a cautionary statement to investors this week. In it, the company reveals that the Montreal-based company will perhaps not be producing ‘earnings guidance’ with respect to its 2016 financial performance, in light of CEO David Baazov’s continued takeover negotiations with all the firm.

While Baazov and his unannounced partners haven’t officially made a proposal to simply take the organization right back private, Amaya said its Special Committee assigned to handle the arbitration, along with its Board of Directors’ Audit Committee, found the conclusion that publishing fiscal projections wouldn’t be in its very own best interests.

‘The Board established the Special Committee after Mr. Baazov notified the Board on 31, 2016 of his intention to make a proposal to acquire Amaya for C$21 ($15.65) per common share in cash,’ Amaya said in a press release this week january. ‘The Special Committee has appointed Barclays Capital Canada Inc. to work as financial consultant towards the Special Committee . . . to assist in considering any proposal that will be forthcoming, aswell as other options that may be available to Amaya.’

Amaya also announced that it has implemented limitations how its CEO handles information that is confidential the conversations. Especially, Baazov is prohibited from sharing such intelligence with any outside partner that is potential.

Share Value Impacted

The news that Amaya defintely won’t be publishing revenue that is quarterly moving forward may appear insignificant, but the truth is, the development poses severe dangers to its general share value.

Traded on both the Toronto Stock Exchange in Canada and NASDAQ in the United States, guidance reports on a company’s future earnings ‘can have an influence that is major analyst stock ratings and investor choices to purchase, hold, or sell’ according to Investopedia.

Amaya stock unsurprisingly dropped on Wednesday on the headlines of guidance being omitted for now. Stocks dropped by 2.49 percent on NASDAQ to a closing price of $14.47.

No Parental Guidance

The business forecast that is foregoing isn’t all bad news, though. In reality, in hindsight, it might have been good if Amaya hadn’t released that information in 2015.

Final August, during its second quarter outcomes, Amaya reaffirmed its year-long 2015 income projections, a choice that will get back to haunt the gaming business in November.

Blaming sets from the strengthening dollar compared to the Euro to the serious economic slowdown in Greece, Baazov fessed up that his company was likely to fall 13 percent short of those approximations.

Amaya stocks plunged 32 percent in the news shortly thereafter. In only six-and-a-half hours of trading, Amaya went from the valuation of $23.56 to $15.99.

Baazov, who founded Amaya in 2004 and primarily centered on business-to-business video gaming solutions before attracting investors for the $4.9 billion takeover of Rational Group and its subsidiary PokerStars, today owns 18.6 percent of Amaya’s outstanding shares.

His expected offer of $15.65 per share to take the business off the exchanges that are public personal once again values the organization at around $2.8 billion. Perhaps not so ironically, that’s slightly below the $2.9 billion Deutsche Bank, Barclays, and Macquarie Capital provided in credit financing to Amaya for the Rational buyout.

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