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30 August 1999 00:00 [Source: ICB Americas]
Lyondell Chemical Company has indicated to analysts in New York that it is in negotiations with Occidental Petroleum and Millennium Chemicals concerning Millennium's planned divestiture of its 29.5 percent stake in Equistar. Lyondell owns 41 percent of the JV, and Occidental owns 29.5 percent.
Merrill Lynch analyst John Roberts says that while Lyondell is clearly interested in purchasing Millennium's share, "the minimum $800 million asking price still appears to be an issue and an all-cash deal appears unlikely without additional divestments." He adds that for tax reasons, Millennium wants to sell its acetyls business along with its interest in Equistar.
ING Furman Selz analyst Paul Leming says Lyondell is also pursuing negotiations to sell a significant portion of assets gained from its acquisition of Arco Chemical. "We believe Lyondell is negotiating with Bayer to transfer Lyondell's isocyanate assets to Bayer--one of the leading global producers of isocyanates--and then link that combined isocyanate business with Lyondell's propylene oxide/polyol business," Mr. Leming says.
Sinopec Plans Massive IPO An initial public offering by China Petrochemical Corporation (Sinopec), which may occur by the end of 2000, is expected to raise $4 billion to $5 billion in the largest stock sale ever by a mainland Chinese company, according to published reports. The offering is planned as part of a restructuring effort to relieve debt.
Morgan Stanley Dean Witter & Co. has agreed to underwrite the offering. KPMG Peat Marwick has been appointed sponsor and global coordinator.
Sinopec and BASF are also expected to submit a joint feasibility study to the Chinese government for their 650,000-ton-per-year ethylene plant in Guangdong. The project is likely to win state approval by the end of the year, reports say.
Cytec Buys BIP's Amino Resins Cytec Industries has signed an agreement to acquire the amino coating resins business of BIP Ltd. for roughly £26.5 million ($42.4 million). After shedding the resins business, which posted pro forma sales of roughly $25 million in 1998, BIP will retain its manufacturing plant in Oldbury, UK, where it makes amino coating resins for Cytec on an ongoing basis. The company says that once the purchase is complete, it will streamline its operations and improve logistics by consolidating production.
Suez Gets Okay, Makes Buy Suez Lyonnaise des Eaux has received final approval from the European Commission for completing its acquisition of Nalco Chemical Company. The company says that discussions over the $4.1 billion cash deal are continuing with the US Federal Trade Commission.
Under the deal, Suez Lyonnaise will acquire all of Nalco's outstanding shares through a tender offer. The offer, initially expected to be completed by August 20, has been extended to September 9.
Suez has simultaneously announced its plans to acquire the remaining shares of United Water Resources Inc., the second largest water services company in the US. Suez already holds 30.1 percent of United's common shares and convertible stock, as well as preferred stock convertible into roughly 2.8 percent of the outstanding common stock. The all-cash transaction, in which United Water will become a wholly owned subsidiary of Suez while maintaining its corporate identity, is expected to close during the first half of 2000.
Rhodia to Up Latex Capacity Adding to its global latex capacity of more than 400,000 tons, Rhodia will increase production at its latex unit in Guturribay, Spain, by bringing on a new 25,000-ton styrene latex reactor early next year. The project will serve the paper, paint and textile markets. The company has been expanding its latex business for several years. It opened a plant in Brazil in 1994 and one in Germany in 1997. The company started up a facility in Indonesia in 1995 and doubled its capacity in 1998. Last year, the company also took full control of its Indonesian subsidiary, Indolatex.
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FARTREPRENEUR Stephanie Matto is cashing in on the NFT craze by selling her own "digital fart art".
The 90-Day Fiance star has already grossed almost $200k (£147k) flogging her flatulence in jars but now she's looking to "make history again".
She had to give up mass gas producing over an apparent heart attack scare.
The 31-year-old told Jam Press she thought she was having a stroke and had to be rushed to hospital.
It turned out her lucrative trumping was becoming a bit too much, as she chowed down on beans and hard-boiled eggs to keep up with demand.
So now she's blowing fans away with NFTs, promising to make you "explode with excitement".
"Today we make history AGAIN!," the reality TV star told followers on Instagram.
"Weeks ago we grossed almost 200k in fart jar sales and today it is the official launch of my fart jar NFT’s!
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"There has never been a more unique & iconic launch of digital fart art! We put the art in fart!
"100 NFT’s unlock a REAL physical jar and so much more it’ll make you explode with excitement."
NFT stands for non-fungible token and are used to make money for digitalised pieces of work.
What is an NFT?
Here’s a simple guide…
- NFTs are a hot new tradable item taking the internet by storm
- The letters NFT stand for "non-fungible token"
- If something is "fungible", it can be traded for an identical counterpart
- For instance, Bitcoin is technically fungible – you can swap one for another, and have the same thing
- Physical cash is also fungible – you could trade one £10 note for another
- An NFT is a totally unique digital token with no copies
- Like Bitcoin and other cryptocurrencies, NFTs work using a blockchain
- A blockchain is a public ledger of transactions recorded across the internet – and is totally unalterable
- The NFTs on the blockchain can be traded like Bitcoin, but they're unique by design
- This gives them a special value, because each NFT is individual and unique
- You can turn almost any kind of data into an NFT
- People are selling digital artworks, songs and even tweets in NFT form
- More elaborate NFT sales include virtual trainers/sneakers and even a virtual house
- Importantly, NFTs are not physical – so if you buy an NFT object, you're just owning a part of the blockchain and NOT a physical item
Since becoming a thing last year, it has mainly been used to sell digital art or music, but Stephanie's fart venture takes it to a new level.
The self-styled fartrepreneur set up shop in November and has shared her windy experience on TikTok.
Earlier this week she revealed that 200 happy customers had paid $500 (£369) for her fart jars.
Before her bowel movement, Stephanie – originally from Derby, Connecticut – rose to fame in season four of 90 Day Fiance: Before the 90 Days.
In other news, Apple has become the first company to hit a stock market valuation of $3trillion (£2.22trillion).
Popular Twitch creator Sliker has been banned from the platform after sharing nude imagery of fellow streamer Amouranth.
And internet users have been urged to check their online accounts against one of 2021's worst cyber threats.
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In the 1970s, CFOs sat with CEOs and devised ways for upset consumers to not be able to get compensation easily. They put up automated phone systems and arcane and inflexible policies and rejoiced at how little the company had to “give up” to complaining customers.
And this system worked… until social media gave every average “Joe” the same power as society’s most prominent citizens to get a company’s attention when they weren’t happy.
Watching F8 last month, one couldn’t help but wonder if the future is truly as simple as opening a chat and texting what you need. Order flowers ✔ Get news ✔ Check the weather ✔ Handle customer service issues?
How many of us who have called our cable company and been on hold “forever” wouldn’t love to chat with a rep and get our issue handled in a minute? How many of us would love to chat with an airline and resolve an issue in real time? While these things sound great in theory, it’s not quite so simple.
Speaking to us earlier this week, Richard Chetty, Director of Customer Services for Samsung South Africa, said, “Samsung’s people-centred focus is what drives the innovative technology we create. With every new product, a novel set of customer service opportunities arise. The IoT certainly brings an exciting dimension to how we will respond to connected products and customers.”
What if your appliance could contact the service centre on your behalf? That’s what the future of customer service looks like. Soon, all home appliances will be connected – to the internet and each other. Smart appliances are already able to self-diagnose. In the future, this self-diagnosis sensor will initiate a service request. All this could happen without the user having to even know about it. With connected appliances, a service technician could access the appliance remotely and assess what needs to be done. Only if a physical interaction with the appliance is required, will the user need to get involved.
“There is an opportunity now for increased skills upgrading – in the future, there will be less requirement for ordinary call-centres and more required for specialised technicians within the customer service space. People won’t have to contact a call centre for information, the appliance will have everything stored – from warranties to service plans and history. We are gearing up for this future with our Engineering Academies and look forward to embracing the new ways we can service our customer’s needs,” concludes Chetty.
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|Lawsuits: More water, less buzz in Bud, Michelob beer||| Print ||
|Written by MARYCLAIRE DALE, Associated Press|
|Tuesday, 26 February 2013 16:10|
PHILADELPHIA (AP) — Beer lovers across the country have filed $5 million class-action lawsuits accusing Anheuser-Busch InBev of watering down its Budweiser, Michelob and other brands.
The suits were filed in Pennsylvania, California and other states on behalf of consumers allegedly cheated out of the beverage's stated alcohol content. Budweiser and Michelob each boast being 5 percent alcohol, while some "light" versions are said to be just over 4 percent.
Lead lawyer Josh Boxer of San Francisco said Tuesday the suits are based on information from former employees at some of the company's 13 U.S. breweries. Boxer said water is added just before bottling, and cuts the stated alcohol content by 3 to 8 percent.
The multinational Anheuser-Busch InBev calls the claims groundless, and says its beers fully comply with labeling laws.
Copyright 2013 The Associated Press.
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With social distancing measures in place in Maryland during the coronavirus pandemic, firefighters are getting more calls to people’s homes for kitchen fires and more inquiries into exit plans for businesses that have changed their layouts, according to the state fire marshal.
“Now that we have people home, we knew this was going to happen. We have seen an uptick in fires,” said Maryland State Fire Marshal Brian Geraci.
The state’s stay-at-home order means that more people are cooking, which can be dangerous, he said. “We want people to watch what they cook, stay in the kitchen. Don’t walk away, try not to get distracted and if you do, turn the stove off.”
He also said to be careful with more people at home plugging in portable electronics. He urges people to use wall sockets over power strips.
“A lot of people are online, watching TV — they’ve got new devices that they’re doing their homework on and they’re starting to use the multi-plug outlets and those types of things, and we’re starting to see those fires as well,” Geraci said.
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They’ve recently seen a death from a man using an oven as a heater. Geraci said to reach out for help if you need assistance with heating your home and to always keep 3 feet around any space heaters.
“This is not the time to have a fire in your home. Where are you going to go? The Red Cross is putting people up at hotels but after that it’s going to be hard because we’re all practicing social distancing,” Geraci said.
And as businesses adapt to social distancing guidelines, the Maryland State Fire Marshal has been receiving questions from customers about businesses modifying their entrances, exits and aisles to adhere to social distancing guidelines.
Starting Monday, the Maryland State Fire Marshall is providing escape plan handouts to businesses as they navigate keeping people apart during the pandemic.
“We started seeing some complaints on our social media posts about people saying they’ve been in certain big box stores and saw that the exits were being modified and blocked.”
Geraci said that while the intentions were right to help promote social distancing, they’re stepping in during a time when fire inspections have been put on hold, to help businesses find ways to make sure that the stores remain safe if there was to be an emergency.
“We appreciate the management taking the steps for the social distancing, but we’ve got to make sure that the fire code is being complied with and that the building is going to be safe,” he said.
Geraci added that businesses can reconfigure the entrances and exits but must put signs on the door that says emergency exit only. If you see a business that you think has an exit blocked, notify the Maryland State Fire Marshal by phone or social media.


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XEROX SURVEY OUTLINES PREDICTIONS FOR PUBLIC TRANSPORT BY 2025
A new survey from Xerox underscores the desire for self-driving cars and smart digital services like integrated apps and cashless payment by Europe’s Generation Z (those aged 18-24 years old). The study was conducted by TNS on behalf of Xerox between 5 and 26 October 2015 among 1,200 respondents in 12 cities across the UK, France, Germany, Belgium and the Netherlands. It revealed that by 2025, a third (32 per cent) of 18-24 year olds expect to be using self-driving cars, four in ten (41 per cent) say they won’t be using cash to pay for transport and half (51 per cent) believe transport provision will be a key consideration when deciding where to live and work.
The findings also revealed that the age group, dubbed the ‘future commuters’, are already practising what they preach when it comes to travelling around their city.
Three in five use their smartphone or tablet as the primary device for planning journeys and receiving travel information, around four in ten are already using cashless payment methods (including contactless and apps), and around a third of app users do so to get timetable and traffic updates and book journeys, making them the ‘smartest’ of any age group.
“As these ‘Future Commuters’ begin travelling within our cities they bring with them high expectations of Europe’s transport system,” said Richard Harris, director, communications and marketing, International Public Sector, Xerox. “Public transport provision and infrastructure must smarten up, incorporating digital services like integrated apps and cashless payment as standard, if the industry is to live up to the predictions revealed here.”
Further findings revealed that Generation Z aren’t the only ones leading the way when it comes to practicing smart transport habits in Europe. In a comparison of cities, Paris emerged as the ‘smartest’ with almost half (47 per cent) of respondents there using smartphones and tablets as their primary travel-planning device – compared to a 33 per cent European average. London and Frankfurt saw similar behaviour, although Berlin lagged behind at 21 per cent.
When looking ahead to 2025, the study also revealed differing country opinions toward achieving a smarter transport future.
Almost half (49 per cent) of those in Belgium and the Netherlands expect to have cashless transport by 2025; on average 35 per cent of French respondents anticipate using electric or self-driving cars within ten years’ time, while respondents in the UK, Germany and Belgium (all 35 per cent) were in agreement that public transport provision would become a deciding factor in their choice of where to live and work.


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ASX-listed biotech Mayne Pharma is gunning to capture revenue from a $700 million segment of the US contraceptive market, inking a new supply deal with Chinese pharmaceutical producer Novast.
The South Australian-founded pill producer, which has a market cap of $755 million, told investors on Monday morning its deal with Novast would see it sell five new contraceptives into the US.
Shares rallied on the news, with the stock up 9.8 per cent at the open on Monday, to 45¢ just after 10am. The company finished the day up 3.6 per cent at 42.5¢ at the market close.
The new pills include generic equivalents of some of the most widely prescribed contraceptives in the United States, including Ortho Cyclen. Mayne said more than $US500 million ($720 million) of these five new product types are sold in the US each year. Patients buy 1.3 billion tablets each year.
"Each product market has about six to eight generic competitors, but we are hoping to grab that additional margin [from selling in this segment]," a Mayne Pharma spokeswoman said.
"We've got a good track record."
Mayne Pharma has been focused on growing its share of the US contraceptive pill market in recent years and has a broad portfolio of health products including eight contraceptives it acquired from $42 billion healthcare giant Teva Pharmaceuticals.
The company has been focused on reducing its cost base over the past year, however, given fierce competition in the US generic drugs market. In February the company reported half-year revenues down by 17 per cent to $227.2 million, due to "aggressive contracting behaviour" and competition from other generic drug players.
In a statement to the ASX on Monday, Mayne chief executive Scott Richards said the deal with Novast will also ensure the products it bought from Teva would be supplied on "more favourable terms".
Hormonal contraception is worth billions of dollars a year in the US, with analysts predicting the sector will grow over the next five years. Contraceptive pill sales are currently worth close to $US5 billion a year, according to market research tracker Statista and are projected to grow to $US13 billion by 2025.
Mayne is also hoping to get FDA approval for a new estrogen-based pill, E4/DRSP, by next year. The drug has been developed by Belgian pharmaceutical firm Mithra and contains E4, an estrogen produced by the human foetal liver during pregnancy.
If the product is green-lit it will be the first new estrogen-based contraception to be introduced to the US market in 50 years, the company said. Last month, Mayne also signalled to investors it would be angling to get the E4 product into the Australian market too and plans to file the drug for approval with the TGA this year.


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Tag Archives: iGaming Executive Conference
- ‘Disruptive’ innovations take the spotlight at the iGaming Executive Conference
July 10, 2017
As more and more companies invest into developing new technologies that could eventually shape the future of humanity, businesses and operators—especially in the online gambling industry—need to be armed with information that will help them prepare for the inevitable. The upcoming iGaming Super Show 2017 will feature a brand new open...
- 2014 iGaming Super Show
June 10, 2014
The iGaming Super Show, the biggest dedicated iGaming exhibition and conference returns to Amsterdam on June 24, bigger and better than ever before. Last year, 3,253 delegates from 70 different countries attended the event, confirming the cachet the iGaming Super Show has within the gambling industry. If you have...
- Burnett, Farhenkoph, Mikovits, Bugno and Burzichelli to Speak at iGaming Executive Conference
April 26, 2013
The invite-only iGaming Executive Conference (iGEC), which is a part of the iGaming Super Show, has announced an impressive starting line up of speakers from the iGaming industry. The conference is being held at the RAI in Amsterdam on 12th June 2013. Among the highly advanced field of speakers is AG...
iGaming Super Show 2017 promotional video
June 13, 2017


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Out of these, 24 work in telecom, IT services, software and hardware, among them being ITNT, Qualitance, ZebraPay, Quibiz, Fortech or Zitec.
I expected to have more companies from the IT&C domain, taking into consideration this is a very dynamic domain. Probably a part of the companies did not know about this top or they didn’t want to register’ Lucian Todea says, the founder and CEO of the Sibiu company ITNT which owns the software distribution platform soft32.com.
To get into the top of the 5,000 European private companies with the most rapid business growth, a company has to have headquarters in Europe, to be private, independent, oriented to profit and to have generated a minimum income of 200,000 euro in 2011 and two million euro in 2014.
‘As a start-up in the IT and software area, and especially in the area of internet technology, the problem is that in fact you compete with all the profile companies in the world if you don’t have a service or a product destined to the local or regional market’ Lucia Todea says. (source: actmedia.eu)


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Called for by the RN, regularly debated, in particular since the rise in inflation, the reduction in VAT, on energy or food prices for example, would not be as effective as targeted measures – such as the tariff shield put in place by the government or the helicopter currency – to protect the purchasing power of the French, reduce inequalities or even raise “ environmental and public health challenges “.
In any case, these are the conclusions drawn by a report from the Council for Compulsory Levies (CPO), a public institution associated with the Court of Auditors, published on Thursday 9 February.
Main conclusions of the Mandatory Levies Council (#CPO): ?? a drop #VAT other budgetary, ?? the return on VAT must be maintained to finance public services. ??https://t.co/F61nDaAnai >— Court of Auditors (@Courdescomptes), through Twitter
According to his investigation, a reduction in VAT, particularly on food products, is a less effective measure to support the purchasing power of low-income households than monetary transfers, because of the uncertainty about the rate of pass-through on prices and the impossibility of targeting certain categories of households through a reduction in VAT. »
Similarly, the proposal for an “environmental VAT” or one backed by “Nutri score” type food labeling – a measure notably defended last year by environmental MPs and business leaders, ” comes up against multiple obstacles, legal, economic and financial, which limit the possibilities of targeting and reduce its impact on the different stages of the value chain », Considers the CPO.
Main tax of the French tax system, VAT generated in 2021 a “ dynamic return of 186 billion euros in 2021 », i.e. 17% of the compulsory deductions.
Priority to the financing of public services
VAT must remain a yield tax with the priority objective of financing public services “considers the institution that” not recommended “the use of VAT reductions, ” general or targeted, to respond to the consequences of current crises and to long-term economic and social issues.»
“Non-targeted support measures for energy expenditure “, especially, ” must not, in any case, jeopardize the achievement of national environmental objectives, and can therefore only be temporary. »
For the COR, however, it is necessary to carry out in the longer term ” a general reflection on energy taxation “, to adapt the VAT and other indirect taxes (tobacco, alcohol, oil, etc.) with “thenational targets for reducing greenhouse gas emissions and protecting biodiversity “. Developments that would not be incompatible with temporary support measures for businesses and low-income households…


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Convenience retailer Spar Ireland has switched to 100% compostable and fully biodegradable coffee cups in all SPAR and EUROSPAR supermarkets with immediate effect.
BWG Group, which operates the SPAR brand in Ireland, has collaborated with its coffee partners Insomnia, Bewley’s and Seattle’s Best Coffee to launch the biodegradable coffee cups. The move is expected to remove 19 million coffee cups each year.
The biodegradable coffee cups, which are certified by the Programme for the Endorsement of Forest Certification (PEFC) Board, are created using raw materials and plant sources.
BWG Group chief executive Leo Crawford said: “BWG is the nation’s biggest seller of premium coffee to-go and with consumption levels continuing to rise, we recognise the importance of providing sustainable packaging solutions which meet the wants of consumers and are good for the environment.
“We are pleased to have the support of our three exclusive coffee partners and to be able to source the solutions via Irish packaging companies.”
Other sustainable initiatives of BWG include reusable KeepCups and branded Bags for Life.
The company is also planning to launch other sustainable packaging solutions, such as compostable food containers, cutlery and drinking straws.
SPAR Ireland was established in 1963 and operates through SPAR, EUROSPAR and SPAR Express formats. It is operated by wholesale and retail company BWG Foods.
Earlier this month, SPAR South Africa replaced plastic bags with brown paper bags at checkout counters of its stores in the Western Cape in an effort to reduce plastic waste in the honour of the International Plastic Bag Free Day.


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Wizard Games Strikes Content Partnership with BetMGM in WV
Wizard Games Strikes Content Partnership with BetMGM in WV
Wizard Games has officially entered the West Virginia betting market, thus giving punters in the state more variety than before. Wizard Games gained market access in the state through its partnership with BetMGM Casino. As a result of this lucrative partnership, Wizard Games will supply its high-end iGaming products and games to punters in West Virginia.
All the games to be supplied will be powered and hosted on the Fusion platform, which is owned and controlled by Pariplay. Wizard Games products have already been a huge hit with BetMGM customers in other states including punters in New Jersey. As such, this strategic partnership with BetMGM will go a long way in enhancing Wizard’s reach while also introducing its unique content to new sets of audiences and customers.
BetMGM also stands to benefit greatly from this collaboration. Not only will this partnership offer BetMGM a broader range of high-quality content to offer its customers, but it will also cement the brand’s position in the online casino market. Indeed, BetMGM is always looking for new ways to expand and introduce newer titles for their customers to experience, which consequently allows the brand to maintain its position as the top online casino operator in the country.
Wizard Games growing and expanding
Wizard Games is operated by Aspire Global, which is one of the leading content and aggregator providers in the industry. Aspire debuted Wizard Games last year in November as its new brand for its world-class in-house games studio. Aspire introduced Wizard Games into the mix as part of its ambitious advancement plan to grow into one of the most highly sought-after tier one games studios in the world.
The proprietary games that Pariplay has been producing over the years have emerged as a huge hit among online punters. To meet the strong demand that the games have received, Pariplay decided to debut Wizard Games in order to take full advantage of the growth opportunities identified. Wizard Games, therefore, was designed to operate within the PariPlay network, as a unique business unit with an enhanced product and service.
Since Wizard Games has been operating as an individual unit, it has served new markets and customers thus providing the Pariplay brand with value-driven iGaming products. As it continues to grow and gain popularity among the different players, Wizard Games is working hard to position itself as the top aggregator and studio collaborator.
Wizard Games has been providing its wide away of products to all major gaming providers and operators that are willing to work with Pariplay. Today, Pariplay boasts some of the most varied offerings including more than 120 titles on offer for its customers. Wizard Games is also certified and allowed to operate in more than 15 regulated jurisdictions in North America, Europe, as well as Latin America.
To ensure growth in the North American market, Wizard Games has signed several more strategic partnerships this year. For example, in March this year, Wizard Games signed a partnership with Soft2Bet. As the aggregator and games supplier of many of the world’s best operators, this partnership will help Soft2Bet expand by providing it with its top-notch in-house studio content.
This partnership will be instrumental in helping Soft2Bet gain access to a series of games across several established gaming markets. This collaboration with Wizard Games will also enable Soft2Play to keep offering their customers an enhanced gambling experience on their site. Under the terms of this partnership, Wizard Gaming will provide Soft2Bet with several slot titles including Tiger Emperor, Gods of Kemet, as well as Wild Wild Pistols.
Wizard Games also struck a similar strategic partnership with the Scandinavian-based operator Paf. As a result of this partnership, Wizard Games will offer its full suite of proprietary games to Paf’s customers across various markets in which the brand is licensed to operate. Owing to this deal, Paf will have access to more than 100 of its slot titles including well-known selections like Teddy’s Tavern, Jade King, Rhino Megaways, and more.
From this partnership, Wizard Games’ reach will also improve considerably. Paf is licensed to operate in several lucrative European markets including Latvia, Spain, Estonia, as well as Sweden. To further strengthen its presence in the North American gambling market, Wizard Games also launched its content live to customers in Ontario.
Wizard Games was able to debut its services in Ontario after receiving approval from the Alcohol and Gaming Commission of Ontario. Similar to its other jurisdictions, Pariplay Fusion will power the integration. Pariplay already has a strong brand presence in Canada, having teamed up with an operator in Alberta.
Last year, Pariplay increased its international presence by signing a huge content partnership with Kaizen Gaming. Kaizen Gaming is one of the most popular Gametech companies in Europe, which will help Pariplay consolidate its position as the best aggregator of content. This partnership has already seen the brand’s in-house casino games, which have been produced in conjunction with Wizard Games, go live in several Greek cities like Stoiximan.
In November last year, Wizard’s popular titles were also introduced to new regulated markets in Germany, as well as Portugal. This European partnership has been instrumental in fueling the brand for continued growth and success.
The Pariplay brand is always on the lookout for new ways to grow and reach newer audiences. These strategic partnerships it has formed over the last few months allow it to do exactly that. In the future, Pariplay is likely going to keep developing relationships with partners that have impressive geographic reach in the markets that the brand is targeting.
For operators that are always looking for new ways to keep their customers engaged and entertained, partnering up with Wizard Games is a no-brainer. With its extensive collection of in-house and aggregated content that’s hosted on the brand’s Fusion platform, collaborating with Wizard Games is a great fit for all parties involved. Pariplay together with Wizard Games will continue to build its portfolio so that it can continue growing its vast geographical footprint.
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Royal Enfield MD Siddhartha Lal has said the iconic company will come out with a pathbreaking EV product. “We’re working super hard on the EV product, and we’ve appointed 11-12 new suppliers and are adding more competencies in the software area,” the company stated.
Royal Enfield recently appointed Mario Alvisi, (previously at Ducati), as chief growth officer for the Electric Vehicle (EV) business for the business and commercial side.
Another unique aspect about the long-running centenarian company is that unlike other ICE OEMs in India such as Tata Motors and Mahindra & Mahindra, the motorcycle brand Royal Enfield is not looking to raise money for their EV business.
“We already have money, and we don’t need to raise anything more for the EV project,” mentioned Siddhartha Lal, MD, Eicher Motors. “Moreover, the company is not in a ‘desperate rush’ to join the great EV game and will come out with a product which is pathbreaking,” he added. “In Chennai, our three plants crank out a motorcycle every 38 seconds and last year we exported 100,000 units.”
Another significant success story is their overseas recognition and brand value. “We’re No 1 in the middle weight category in the UK with 20% market-share, No 1 in Korea and No 2 in Thailand while we’re No 3 in Austria, France and Italy,” as per Lal.
Parent Company of Royal Enfield, Eicher Motors Ltd, Announces Strategic Investment In Stark Future SL
The Board of Eicher Motors Ltd. (EML) has approved an equity investment of 50 million euros, and plans for collaboration with the electric motorcycle manufacturer.
Milwaukee, WI (Friday, December 29, 2022) – Eicher Motors Ltd., leading Indian multinational automobile company, and parent company of Royal Enfield, global leader in the middleweight motorcycles segment (250cc-750cc), today announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. As part of this collaboration, the Board of Directors of Eicher Motors Ltd. has today approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors Ltd., will have a seat on Stark Future’s Board, and will explore further opportunities to collaborate in the space of electric mobility.
This investment has strategic significance for both Royal Enfield and for Stark Future, as both companies are keenly invested in creating innovative and sustainable solutions in global mobility. Stark Future recently launched its first high-performance electric motocross bike, the Stark VARG, which received an exceptional response from global media, professional riders and dealers.
Speaking about Stark Future and this partnership, Eicher Motors Ltd Managing Director, Siddhartha Lal says, “We love the vision, passion and focus of the amazing team at Stark Future. Leisure motorcycles do not easily lend themselves to EV technology at this stage, due to challenges like the battery range, packaging, weight and cost. This has resulted in stunted growth of this segment till now. Stark Future has been able to understand and harness the potential of EV technology by dramatically outperforming ICE offerings, without compromising on range, weight, packaging and cost. They have created an absolutely astounding motocross motorcycle – the Stark VARG as their entry into the EV world. We believe that Stark Future has the highest potential for real breakout growth in the EV leisure space with this model, and the potential to use this strong base to extend into other contiguous segments and beyond.”
At the helm of affairs at Royal Enfield, B Govindarajan, CEO of the company, feels this is a perfectly symbiotic partnership, and says, “We are very excited to closely collaborate with Stark Future who are as focused as we are on challenging norms, pushing the boundaries and building uniquely differentiated offerings for riders. In addition to the sheer potential of Stark Future, we see immense synergies in this partnership. While they are scaling up and planning their market entry soon, we will support Stark in the industrialization process. While they are thought leaders in EV technology, particularly in lightweight components and innovative solutions, we at Royal Enfield will draw on these capabilities for developing our EV platforms and will also plan to share some EV platforms in the future.”
Also speaking about this partnership, Stark Future Founder and CEO, Anton Wass says, “We aimed to challenge and inspire the motorcycle industry with the creation of the Stark VARG and by bringing our electric technology from the drawing board to reality. To now partner with one of the very first motorcycle brands in history and be part of their journey towards sustainability is a huge inspiration for us at Stark. We have now worked closely with Sid, Govind and team for a few months, and have been deeply impressed by what they have created in the past 25 years, as well as the mindset and focus to continue to build and develop Royal Enfield into the future of sustainable motorcycling. With the Stark VARG we believe we have a launch model that will reset benchmarks, so to know that the bike’s technical basis will spread much further and filter into more machinery and products is another source of pride for us. It has been a short, intense and incredible journey for us so far but our link with Royal Enfield and what lies in store in the coming years are brilliant signs for the future.”
Stark Future is a European electric motorcycle manufacturer with specific focus in the area of performance electric motorcycles. With a vision to inspire the motorcycle industry towards sustainable mobility, Stark Future endeavors to build sustainable products that are superior to traditional technology in performance, emotion and design. Stark Future has deep understanding in the EV space and connected technology, with several patents on its newly developed Stark VARG.
Royal Enfield has made huge strides on its EV journey over the last few years. The company’s R&D programs have included a major focus on sustainable mobility technologies, and there are several ideas in advanced stages of testing. The company has been aggressively building a sharp and insightful understanding of the EV space with an intention to create uniquely differentiated electric motorcycles with strong Royal Enfield DNA, in the middleweight segment. Royal Enfield has been building several thoughts and approaches towards design and development and also towards bringing in the right talent and resources.
About Stark Future: Stark Future is a multinational company, established in 2020 with Swedish roots, located on the fringes of Barcelona. Making the most of Catalunya’s reputation as the European capital of motorcycling, Stark Future was able to construct a dedicated, passionate, and knowledgeable team from the elite of both the motorcycle and power electronics industries, in order to build the first electric motorcycle to be the performance leader within its category, Motocross.
About Royal Enfield: The oldest motorcycle company in continuous production in the world, Royal Enfield made its first motorcycle in 1901. A division of Eicher Motors Limited, Royal Enfield has created the midsize motorcycle segment in India with its unique and distinctive modern classic motorcycles. With its manufacturing base in Chennai, India, Royal Enfield has been able to grow its production rapidly against a surge in demand for its motorcycles.
Lil’ Ruby is what I have named her, but this came after I bought her from the original builder this Summer. You see, Lil’ Ruby started life as a 2002 Sportster that my son-in-law bought in 2015.
He bought the bike from another young man who needed cash more than he needed a Sporty, and my SIL had cash in hand. He rode it home to his mother’s house and estimated he had the motor out of the frame less than 2 hours later.
The Harley Sportster wasn’t his goal though. He planned before he purchased the bike. You see, he devised his strategy long before his purchase, and since a Sporty is the cheapest H-D motor he could get, well then that’s what he went with. He was on a mission to build a tight little chopper/ bobber that he could ride through town and not see another exactly like it anywhere.
Mustang Seats Acquired by Veteran-founded Investment Firm LDR Growth Partners
New Growth-Oriented Owners Will Invest in Company’s Factory Operations, Marketing Programs and Presence with Customers
Three Rivers, Massachusetts – April 4, 2022 – LDR Growth Partners today announced the acquisition of Mustang Motorcycle Products LLC, maker of Mustang Seats and related motorcycle accessories, in a private transaction closed last Friday. Mustang, known for high-quality, handmade motorcycle seats, was founded in 1980 near Three Rivers, MA, where the company maintains factory operations. Mustang was purchased out of Motorsport Aftermarket Group, owned by a group of investors, led by Monomoy Capital Partners.
“Mustang Seats presents a tremendous opportunity for us at LDR,” said William Brame, partner at LDR and co-head of its acquisition business. “Our unique approach is in providing growing companies the resources they need to continue to expand while identifying areas for new value creation. We’ll invest in people, technology, and the machinery the company needs to help deliver the iconic Mustang Seats to motorcycle riders looking for our products domestically and internationally.”
Mustang employs 85 people in a historic facility in Three Rivers. The company was founded by Al Simmons and named after the legendary P51 military aircraft from World War II. Mustang designs and manufactures a variety of styles of seats, with fitments for all major brands of motorcycles. The company also offers rider and passenger backrests and seating-related products.
LDR Growth Partners is a private investment firm focused on acquiring and growing unique, cash flow generating businesses in the manufacturing, industrial products, and transportation sectors. The company currently owns and operates Whitman Controls, a 50-year manufacturer of process automation controls with large, multinational customers across a range of industries. LDR, founded in 2011 by three US Army officers, is also the owner of LDR Advisory Partners and LDR Leadership, firms which focus on improving company, employee and leadership performance.
LDR intends to keep Mustang’s operations in its current primary location as it adds manufacturing technology, production capacity and marketing capabilities to the organization. The company has added nearly 20 additional employees since September of 2021 and the new owners anticipate hiring additional resources in the coming months to accomplish their goals.
“We believe in Mustang’s product, in its people and in the strength of the motorcycle accessory market,” continued Brame. “Our leadership is excited about entrenching ourselves in this company and in the riding community. We look forward to meeting our loyal customers and partners at rallies and events this year.”
“The leadership and employees here at Mustang couldn’t be happier about the news,” said Mustang GM Mike Cornelius. “The additional investment from LDR will help us take the next step forward. Our orders show that riders want Mustang Seats and our team is excited to continue to deliver them to our loyal dealers and customers.”
About Mustang Motorcycle Products
Mustang Seats are handcrafted in the USA to give riders the style they want and the comfort they deserve. Mustang is known worldwide as the highest quality motorcycle seats for virtually all brands of motorcycles. Based in Three Rivers, Massachusetts, the company sells seats and accessories through its network of premier powersports dealers and direct to consumers through www.mustangseats.com
About LDR Growth Partners
LDR Growth Partners supports growth-oriented businesses, management teams, and entrepreneurs with equity capital and precision support to scale operations and maximize returns under a spirit of market leadership, creativity, and innovation. LDR is led by a five-person cross-functional leadership team, and was founded in 2011 by U.S. Army Officers, with a common vision for business leadership and the power of building, supporting, and growing exceptional teams. The company has offices in Stamford, CT, Houston, TX, and Washington DC. Visit their Website at http://www.ldrgp.com/
MUBADALA CAPITAL BACKS SX GLOBAL
TO LAUNCH NEW FIM SUPERCROSS WORLD CHAMPIONSHIP
Queensland, Australia (March 1st, 2022) — Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, one of the world’s leading sovereign investors with US$243 billion of assets under management, today announced its investment in SX Global, an Australian company established to develop, promote, and commercialize the FIM Supercross World Championship.
Mubadala Capital has established a track record of successfully investing in category leaders across sports, media, and entertainment—including EMI Music Publishing, Endeavor Group Holdings, Reigning Champs, Ultimate Fighting Championship (UFC) and the Yankees Entertainment and Sports Network (YES Network), among others—and this investment continues its history of backing world-class management teams in building differentiated global sports, media and entertainment businesses.
Mubadala Capital’s investment will support SX Global’s expansion plans for supercross and its efforts to capitalize on the exclusive rights it has secured from the Fédération Internationale de Motocyclisme (FIM) to manage and promote the new FIM Supercross World Championship, bringing the exciting sport of off-road motorbike racing to fans across the globe in a new competitive format.
“Our commitment to SX Global and the FIM Supercross World Championship builds on our strategy and track record of selectively investing in premier content properties with strong global appeal,” said Adib Martin Mattar, Head of Private Equity at Mubadala Capital. “We expect that our investment in SX Global will introduce the exciting sport of professional supercross to a global audience and build lasting value by delivering an authentic, exciting and fan-centric experience.”
SX Global’s President, Tony Cochrane, added, “We’re proud to partner with Mubadala Capital, a company that shares our vision and global aspirations for the FIM Supercross World Championship. With the international reach, resources, and business building experience of Mubadala Capital alongside us, we’re looking forward to establishing FIM Supercross World Championship as a leading global motorsport and entertainment property.”
Representing Mubadala Capital on the SX Global Board of Directors will be Matt Kim and Russ Pillar, who collectively bring decades of experience backing and leading global sports, media, and entertainment companies. They will be joining Tony Cochrane, SX Global’s President; Adam Bailey, SX Global’s Managing Director (Motorsport); Ryan Sanderson, SX Global’s Managing Director (Commercial); Tom Potter, Rush Sport & Entertainment; and Tavo Hellmund, Founder, Event Partners Marketing, on SX Global’s Board of Directors.
In December 2021, the FIM awarded SX Global the exclusive organisational and commercial rights to stage, manage and promote the FIM Supercross World Championship. Under the leadership of the SX Global Team, and with the financial backing and support of Mubadala Capital, Supercross will become a true global sports property, competing on a legitimate international platform for the first time in history. The FIM Supercross World Championship will commence in late 2022.
Mubadala Capital is a wholly owned asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi. In addition to managing its own balance sheet investments, Mubadala Capital manages over $10 billion of third-party capital on behalf of institutional investors in all its businesses, including three private equity funds, two early-stage venture funds, a public fund, and two funds in Brazil focused on special situations.
Mubadala Capital and its affiliated entities have a long track record of owning and/or operating globally recognized sports, media, entertainment and premium content and services properties including EMI Music Publishing, Endeavor Group Holdings, Reigning Champs, Ultimate Fighting Championship, and the Yankees Entertainment and Sports Network.
SX GLOBAL – BOARD
Matt Kim – Non-Executive Board Member
• Matt Kim is a Senior Principal at Mubadala Capital and leads the team’s sports, media and entertainment investment activities. He possesses over a decade of investment experience, and prior to joining Mubadala Capital, Mr. Kim was an investment professional at Bank of America Capital Advisors, where he focused on evaluating private equity investment opportunities globally.
Mr. Kim graduated from Boston University with a B.S. in Business Administration with concentrations in Finance and Entrepreneurship and is a CFA charter holder.
Russ Pillar – Chairperson
• Russ Pillar is a Senior Advisor and Operating Partner of Mubadala Capital where he initiates, evaluates, and manages investment opportunities globally. He is a tenured sports/media/consumer CEO, with executive roles across the Virgin Entertainment Group, Prodigy Internet, the CBS Internet Group, the Viacom Media Group, the Los Angeles Marathon, and Reigning Champs, among others.
Mr. Pillar previously held directorship roles for more than three dozen private and publicly traded sports, media, retail, entertainment, and technology/tech services companies. A Phi Beta Kappa cum laude graduate of Brown University with an A.B. in East Asian Studies, he also is a Henry Crown Fellow at The Aspen Institute and a member of the Aspen Global Leadership Network.
Tony Cochrane AM – President
• Tony Cochrane’s passion and experience forge a formidable combination and have ultimately resulted in some unforgettable milestones in entertainment and sport generally over the past 45 years both in Australia and on the global stage.
Over the past 45 years with partners and solo, Tony has produced and promoted over 400 sporting and entertainment events throughout the world, sold in excess of 25,000,000 tickets with gross sales exceeding two billion dollars, and written nearly $250,000,000 in sponsorship sales.
In his time as Executive Chairman of V8 Supercars, Tony Cochrane was considered the founding father of the ‘modern’ era of motor racing in Australia, the touring car category that was arguably amongst the world’s best. During this period, V8 Supercars had an extraordinary rise to the top of sport within Australia and on the world motorsport scene. It became a multi-million dollar industry under his strong leadership. His credits and performance in world motorsport are uniquely recognised both in Australia and overseas. He holds an FIA acknowledgement and an Order of Australia for his contributions.
Adam Bailey – Managing Director – Motorsport
• Adam’s experience in Supercross began as a competitor in the early 90s. He established an athlete and event management agency in 2005 that represented some of the most respected athletes and brands in this space. These networks led to valuable and unique international industry relationships.
Launching AME Management with Ryan Sanderson in 2012, the duo combined their experience to establish a boutique sports marketing agency in Australia and launched AUS SX Holdings and the AUS-X Open event in 2015. The events went on to achieve sell-out crowds annually for five years including the successful creation and expansion of the FIM Oceania Supercross Championship into New Zealand in 2018 and 2019. Adam leads key aspects of brand creative strategy, content, industry partnerships, international talent and operations.
A creative marketer, many of Adam’s unique PR, marketing and content strategies have helped see the events become recognised and respected, globally.
Ryan Sanderson – Managing Director – Commercial
• Ryan spent five years at V8 Supercars Australia under Tony Cochrane’s reign. In Ryan’s tenure as Sponsorship Manager, he serviced some of Australia’s largest sponsorship properties, managing over 20 V8 Supercars Championship partners, with over $22M in annual spend.
Ryan and Adam launched AME, a sports marketing agency together in 2012 and then sold-out Supercross events in Australia & New Zealand from 2015 – 2019.
Ryan secured major commercial partnerships for both AUS-X Open & S-X Open Auckland Supercross events including Monster Energy, Australian Tourism & State Government funding, Boost Mobile, Michelin, Komatsu, Castrol & Repco/NAPA. Ryan developed leading entertainment, fan engagement and innovative commercial experiences, as well as international TV broadcast distribution including IMG, Seven Network, Fox Sports Australia, CBS, Eurosport & Fox Asia to over 382 million homes.
Ryan brings a unique skillset to SX Global and has extensive international broadcast, promoter and commercial partnership networks globally.
Tom Potter – Non-executive Director | Europe
• Tom is a former racing driver, and a commercial veteran of the McLaren and Williams F1 Teams. Tom founded Rush Sport & Entertainment in 2010 which has grown internationally to become one of the most successful businesses in motorsport sponsorship and marketing services whilst also delivering record-breaking deals for other major entertainment properties such as The Rolling Stones. Rush is responsible for placing over $700million sponsorship of F1, Formula E and IndyCar properties since 2016 alone. Rush has helped identify, structure, negotiate, activate and measure sponsorship investments for brands including Petrobras, Mercedes-Benz, Prudential, IHG, Marriott, Avis, Renesas, Adecco (Modis), Progressive and Saudi Aramco.
Few can boast the level of energy, insight and understanding of global motorsports’ commercial landscape and entertainment value. Tom is an expert at leveraging sports marketing and the sports business environment to create value and accelerate growth.
Tavo Hellmund – Non-executive Director | North America
• Tavo Hellmund was the founder of the FIA Formula-1 United States Grand Prix in Austin, Texas, the co-founder of the FIA Formula-1 Mexican Grand Prix and a co- founder of the Circuit of the Americas race track in Austin, Texas. Tavo Hellmund has been the founder and President/Managing Partner of Full Throttle Productions, LP, Event Partners Marketing, LLC, Grand Prix Partners, LLC and Tavo Hellmund Inc. since 1994.
These companies manage and provide event project management, day of event oversight, staffing/volunteer services, venue planning, consulting and logistics support, marketing, sales, sponsorship, public relations and consultation services for sporting and special events around the world. Tavo Hellmund’s global event production experience includes brokering, sanctioning, producing or promoting over 150 sporting and entertainment events, which have generated more than 1.5 billion dollars in sales.
TVS announces new top management at Norton Motorcycles: 2021 V4SS to launch soon.
With TVS infusing multi-million-pound investments, the Solihull facility will be the most advanced and modern plant that Norton has operated out of in its 122-year-old history.
TVS Motor Company (TVS), owner of The Norton Motorcycle Co Ltd (Norton), today announced that Dr Robert Hentschel has been appointed as the Chief Executive Officer (CEO) and Vittorio Urciuoli as its Chief Technical Officer (CTO) of the historic Solihull-based motorcycle brand. Hentschel and Urciuoli will take up their new positions as John Russell steps down from his role as Interim CEO. Dr Robert Hentschel joins Norton from Valmet Automotive Holding GmbH & Co KG, where he has served as Managing Director since 2017.
Before that, he headed Ricardo Deutschland and Hentschel System and was also Director of Lotus Engineering. Vittorio Urciuoli’s former key roles within the global automotive industry include Director of URVI LTD, Head of Powertrain at Lotus Cars and Project Leader at Ferrari and Aprilia Racing.
TVS has created a plan for Norton to transform into the future. Along with the entire TVS team, I look forward to working together with them for the revitalisation of one of the world’s most storied brands. Under John’s tenure, with investment and support from TVS, Norton has returned to a firm footing and made marked improvements to engineering and product quality, which will be seen in the updated V4SS that will be launched soon. In addition, we have established a new, state-of-the-art global design, engineering, manufacturing and sales and marketing HQ in Solihull, Sudarshan Venu, Joint Managing Director of TVS Motors, said.
In January this year, Norton announced it would get back to work in full swing by March at its new facility at Solihull, Birmingham in the UK. The British manufacturer has moved its production base from its former headquarters at Donington Hall after its acquisition by TVS Motor Company in April last year.
With TVS infusing multi-million-pound investments, the Solihull facility will be the most advanced and modern plant that Norton has operated out of in its 122-year-old history. The production of the Commando Classic has also been resumed.
The V4SS will also be one of the first motorcycles to roll out as the company resumes operations. Limited to just 200 units, the V4SS boasts full carbon fibre bodywork contrasted by a bright finish on the frame and engine casing. It gets a single-sided swingarm and carbon fibre wheels. It is powered by a 1,200cc V4 engine that makes 200 bhp and 130 Nm of peak torque. Soon after the V4SS, the company is expected to unveil the updated V4RR as well.
Norton Motorcycles invests in advanced new factory headquarters in Solihull
The Norton Motorcycle Co Ltd has moved to a new location in Solihull, West Midlands
The new HQ will be a permanent base for all staff and incorporates state-of-the-art design, engineering, manufacturing and quality capabilities
Opening of the newly fitted out factory comes after a multi-million pound investment from Norton’s new parent company, TVS Motor Company
Commissioning is near completion and opening is expected in Q1 2021
Over 50 high quality, new jobs have already been created and more are expected to follow as the business activity grows providing a welcome boost to the local economy.
The site in Solar Park, Solihull is the most advanced facility that Norton has ever had
The Norton Motorcycle Co Ltd has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West Midlands, will open following a multi-million pound investment by Norton’s Indian parent company, TVS Motor Company. It will be the most advanced manufacturing facility in the 122-year-old motorcycle brand’s history.
The premises will be the central hub for all of Norton operations, providing a permanent base for all staff. The new headquarters will be home to design, engineering, purchasing, sales, marketing, and support teams as well as the skilled production team that is resuming manufacture of motorcycles. Some of the specialist tooling and equipment previously used by Norton has been carried over to the new site in Solihull, but the site is benefiting from substantial new investment.
The new manufacturing facility will make use of modern-day, quality-assured production processes. Skilled technicians will deploy bespoke bike building techniques and state-of-the-art new manufacturing equipment to ensure all bikes are built with great precision and quality, a hallmark of both Norton and TVS Motor Company. Norton will resume production of the Commando Classic model at the Solihull site, building a limited quality to honour customers that had ordered and paid for a deposit on these bikes. Production of the V4SS will commence soon and the full opening of the facility is expected in Q1 2021.
Sudarshan Venu, Joint Managing Director of TVS Motors, said: “The opening of the new headquarters represents a significant step forward for Norton Motorcycles. The opening of this state-of-the-art facility will create the foundations for a sustainable long-term future of Norton. The new bikes will meet the world class standards our customers expect.
“2020 has been a tough year for the world but we are excited to be moving into our new home and we are delighted this has been created by the Norton and TVS teams in just 9 months. This new facility underpinned by strong quality processes will produce bikes truly worthy of the illustrious Norton brand and take it into the future. We are setting out to create a future for the company, our employees, our customers and our partners that lives up to the highest expectations and enable Norton to once again become the real force its history deserves.”
Andy Street, Mayor of the West Midlands, said: “The arrival of Norton’s global headquarters to Solihull is a real vote of confidence in our region as we look to recover from the pandemic. It speaks volumes to the strides the West Midlands has taken forward in recent years that Norton has chosen to come home after more than a decade based outside the region. This investment not only re-establishes our historic partnership with Norton, but will set a world-class benchmark for exceptional motorcycle manufacturing at the heart of our region, creating hundreds of jobs in the process at what is an incredibly challenging time economically.
“This investment also represents the start of an important partnership between the West Midlands and TVS Motors. With Tata-owned JLR also based in the region, the West Midlands has a good relationship with India that we are constantly looking to improve through the West Midlands India Partnership. This investment by Norton exemplifies what exactly we are trying to achieve with the partnership, and I am delighted to welcome the company back home.”
The new Norton headquarters demonstrates the continued investment by parent company, TVS Motor Company. The Norton Motorcycle Co Ltd was acquired by TVS in April 2020. TVS is committed to ensuring the long-term of Norton as a self-sufficient brand, true to its core values and heritage.
About Norton Motorcycles
Norton Motorcycles was founded in 1898 as a manufacturer of fittings and parts to the two-wheel trade.
Norton Motorcycles went on to become one of the most iconic British motorcycle brands, manufacturing famous models such as the 650SS, Atlas, Commando, Dominator, Manx, Navigator and more – constantly innovating in motorcycle technology, with features advantageous for lightness and strength in motorcycle racing. Norton Motorcycles has an unrivalled history in motorsport and the brand name is synonymous with Isle of Man TT racing.
In April 2020, Norton Motorcycles was acquired by TVS Motor Company, India’s third-largest motorcycle manufacturer. Under the leadership of TVS, Norton is based out of a new manufacturing facility in Solihull, West Midlands, building British bikes in England using traditional hand-crafted techniques with modern day machinery for consistently high quality.
Following the recent launch of its industry-shaking SR/F model, Zero Motorcycles today announced the close of a $25 million funding round, bringing the brand’s aggregate equity capital raised to over $250 million. With 13 years of experience developing the most power- and energy-dense EV technology in powersports, Zero leads the industry with a global supply chain and distribution network, and a broad portfolio of effortlessly powerful, safe and reliable electric mototcycles.
ZERO MOTORCYCLES ANNOUNCES NEW FINANCING ROUND BRINGING AGGREGATE INVESTMENT TO OVER $250 MILLION
SANTA CRUZ, Calif., (April 23, 2019) On the heels of the successful launch of its transformational SR/F model, Zero Motorcycles, the global electric motorcycle sales and innovation leader, announced today the close of a $25 million funding round, bringing its aggregate equity capital raised to over $250 million.
With 13 years of experience, Zero Motorcycles has developed the most power- and energy-dense EV technology in powersports and has built Zero into the leading brand with a global supply chain and distribution network, and a broad portfolio of products, which are effortlessly powerful, safe, reliable, and delight our riders every time they twist the throttle.
“At Zero Motorcycles, we’ve been defining the electric motorcycle category since our inception in 2006,” said Sam Paschel, CEO of Zero Motorcycles. “To build a company like Zero is not easy. You need to build a leading EV technology business, an industrial business, and consumer-branded business all at once. In addition to break-through innovation and R&D investment, this takes time, hard work, and significant capital. Zero has been capital efficient over the years, and our committed and consistent backing has enabled us to fully fund our strategy and to succeed when others have failed. We sell more electric motorcycles annually than all of our competitors combined and with our strong capital base, know-how, brand, and team, we will continue to be the driving force behind two-wheeled and broader powersports electrification. We look forward to the next few years as both adoption and innovation continue to accelerate.”
About Zero Motorcycles
Zero Motorcycles is the global leader in electric motorcycles and powertrains. Designed and crafted by hand in California, Zero Motorcycles combines Silicon Valley technology with traditional motorcycle soul to elevate the motorcycling experience for smart, innovative riders around the world.


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THE founder of JJB Sports yesterday urged the Bank of England to start cutting interest rates to restore consumer confidence and spare the retail sector further pain.
David Whelan made the appeal after like-for-like sales at JJB dropped 7.7% since January, compared with previous figures for the 10 weeks to April 10 revealing only a 1.2% fall.
All product groups were suffering as shoppers stayed away, while trading at the same stage last year benefited from football fans snapping up replica England kits in the run-up to the Euro 2004 tournament.
Mr Whelan, who is chairman of JJB, described trading conditions as the worst for several years and warned they were likely to deteriorate even further.
He said, "The low level of confidence among con-sumers is going to take some time to reverse. In my opinion, the factors that would help to restore confidence would be a series of base rate cuts accom-panied by a reversal of the Government's continuing increases in direct and indirect taxation."
The trading update sent shares spinning 11% lower even though JJB said gross margins in the current financial year were ahead of the same stage of 2004.
Total turnover was 7.5% down on a year ago.
Wigan-based JJB operates from 438 outlets, including 189 out-of-town superstores and 123 smaller high-street shops. Recent months have seen it focus on its health clubs business, which currently includes 24 clubs and about 100,000 members.
JJB said the cost of expanding this side of the business had not changed because it had already committed itself fully for this financial year. But the company added, "JJB will aim to proactively manage all costs in the light of declining levels of turnover."
High-street sales were expected to pick up next year as excitement ahead of the football World Cup fuels demand for replica kit, Mr Whelan said.


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UK anti-slavery commissioner Kevin Hyland has said identifying victims is his top priority after figures show just 2,340 people were identified as potential slaves during 2014.
The Home Office has estimated there are up to 13,000 people in slavery in the UK and Hyland said “significant numbers of victims are not being identified and therefore remain unprotected and in situations of abuse and exploitation”.
In his Strategic Plan 2015-17, Hyland said: “Improving efforts to identify potential victims is therefore crucial. The identification of victims of modern slavery is a prerequisite for their access to assistance and protection.”
The report said to increase referrals to the National Referral Mechanism, a framework for identifying victims, it was necessary to increase awareness and training among relevant agencies and improve support for victims.
Hyland, who has backed licensing of the procurement profession, also wants to “engage with the private sector to promote policies to ensure that supply chains are free from slavery and to encourage effectual transparency reporting”.
The commissioner, noting that from October 2015 all firms with turnover of at least £36 million will have to report on modern slavery in their supply chain, said the UK “becomes the first country in the world to introduce such a legal duty on large companies”.
“As supply chains have globalised and demand for cheap products and ever cheaper labour has continued to increase, the risks of slavery in supply chains, in the UK and internationally, have become much greater,” he said.
“Slavery in the supply chain is an abuse of human rights in the pursuit of profits and businesses have a duty to ensure it is not tolerated.”
Hyland said he also had priorities around improving the law enforcement response to modern slavery, international collaboration and partnership working.


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As much “courage” as Apple believes it’s decision to remove the headphone jack on the iPhone 7 may have taken, most think it’s just annoying. Luckily, clever redditor is already working on a case that will reinstate the headphone jack.
The user, who goes by DungJohnson (because of course he does), shared images of a prototype case that he and his brother designed. According to the post, the case is built with two Lightning ports and a 3.5mm audio input jack for headphones.
The brothers cobbled together their creationg with a “heavily modified electronics” taken from an iPhone 6 battery case. The tweaked internals have been fitted for a slim case that adds a bit of length to the device in order to restore the headphone jack.
The pair have been testing the case on an iPhone 6s.
While it’s unclear exactly if the case will work as intended on the latest Apple handset since it isn’t available yet, the creator told the Daily Dot, “so far, appears that audio input and lightning will work as intended on the [iPhone] 7.”
They have already set up a website for the case, which they call the Daptr, and have priced it at $49. The site claims the product is expected to be available in December 2016, though the case maker told us they are currently “considering a Kickstarter,” and “depending on how that goes, expanding into direct selling, etc.”
AJ Dellinger is a seasoned technology writer whose work has appeared in Digital Trends, International Business Times, and Newsweek. In 2018, he joined Gizmodo as the nights and weekend editor.


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- It will bring 20 Marvel and star war movies.
- The company will also increase prices.
- Disney will bring the new changes in the coming years.
Disney+ is very popular in the market and the service is available across the globe and we can able to enjoy our favourite contents anywhere and anytime. Now the company has confirmed to bring some changes on the platform and that includes new movies as well as a price jump. So without making any further delay let’s dive into the article to check out all the available information of the same.
The company has confirmed that it will bring 20 Marvel as well as Star Wars movies on the platform in the coming years and the users of the platform can also enjoy 15 new movies and original Pixar/live-action Disney series in the same amount of time. Having said that, the company has also confirmed that it will bring a price jump on the platform and I don’t have information about the new pricing.
But the same will be revealed in the first quarter of next year. Moreover, ESPN Plus will also get a price jump and that will go up to $13 per month in the United States. So let’s wait for more details of the same in the coming months and we recommend you to stay tuned with us for more interesting information from the world of Technology at your fingertips.
Read interesting news, reviews as well as tips & tricks on TechnoBugg website, and stay updated with the latest happenings of the tech world on the go with Technobugg App. Also follow on Google News and join our Telegram channel for the latest updates.


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This article was originally published in the Brand Finance Chemicals 25 2022 report.
Rongsheng Petrochemical (brand value up 43% to US$2.3 billion) achieved very strong growth this year, rising two places in the chemicals ranking and jumping
As the world’s largest producer of various chemicals, the brand value of this giant Chinese brand is growing in connection with increased research and development of clean technologies, while its world-leading refining-petrochemical complex recovers and purifies carbon dioxide from the plants for use as feedstock to produce downstream chemical products (polycarbonates).
More broadly, the brand is likely to become the largest polycarbonates producer in China this year, and the brand is also the largest supplier of solar-grade EVA for the photovoltaic industry. This creates further opportunities to grow and develop its brand in coming years as demand for such products increases.


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A digital artist has created a pretty convincing rendering of a new-generation Mazda3 MPS, but don’t get too excited … late in 2018, the Japanese firm made it quite clear it had no plans to build a hot hatch or indeed any other high-performance vehicle.
Yes, X-Tomi Design has shared the rendering you see above, handing the fourth-generation Mazda3 hatchback a more aggressively styled front bumper, larger alloy wheels (framing red brake callipers) and a gloss-black finish for the side-mirror caps and roof.
Late in 2018, the head of Mazda said the automaker was not planning on reviving its high-performance MPS sub-brand.
When asked about the possibility of an MPS-badged version of the new Mazda3, Akira Marumoto, who was appointed president and CEO of the company in June 2018, told Drive that performance vehicles were not a “priority”.
“Mazda is a small player and if that segment has a high particular priority for Mazda my answer would be ‘no’. Therefore, we not planning for MPS in the future,” he told the Australian publication.
So, no out-and-out performance model, then. The new Mazda3 is instead powered by 1,5-, 2,0- and 2,5-litre petrol units, as well as a 1,8-litre turbodiesel mill. In addition, the firm’s new supercharged compression ignition petrol engine – dubbed Skyactiv-X – will be offered.
Original article from Car


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Articles Tagged ‘IPG Mediabrands’
IPG Mediabrands breaks down key times and places to reach Canadians for the two mega-shopping days (hint: 60% have started shopping by 10 a.m.).
New research from IPG Media Lab shows users on mobile devices that are commuting or in a store are most likely to pay attention to online advertising.
IPG Mediabrands on the six insights it’s carrying from recent World Cup viewing to the Toronto 2015 Pan Am Games, which opened ticket sales today.
Sally Preston joins the IPG Mediabrands division from her most recent role as publisher at Time Inc.


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EA has confirmed that FIFA 10 is indeed a record-breaker, but we already knew that on Monday.
1.7 million copies were sold in Europe in the first week on sale, mainly thanks to heavy discounts of £25 on the RRP at most supermarkets. That makes it the biggest selling sports game ever and the biggest game EA have ever marketed. It also makes it the second fastest selling game ever. Impressive, no?
“We were confident that FIFA 10 would be a hit, and this week fans across Europe have shown just how much they love this game,” said Peter Moore, President of EA Sports. “We are incredibly proud of FIFA 10 and this kick-off for great, authentic football competition.”
The game still isn’t out in America yet, where it is due on October 20th, which will bolster numbers still (albiet on a smaller scale).
On the online side of things, record numbers have gathered with 10 million gaming sessions having being played since Friday. At the peak, 155,000 gamers were online at once.
Did you indulge in FIFA 10? Tell us below.


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Hitman 3’s much-anticipated PC VR support will arrive on January 20.
Developer IO Interactive confirmed as much in a new stream today looking ahead to what’s new for the game in 2022. PC VR support will be added as a free update for existing owners of the game, and the game’s launching on Steam on this date too.
Hitman 3 PC VR Release Date Revealed
You’ll be getting all the expected features here. The entire main campaign from Hitman 3 will be fully supported, allowing you to step into the shoes of Agent 47 for the first time. But owners of Hitman 1 and 2 will also be able to import those levels into the game and play the entire trilogy in VR too. It’s not underselling it, then, to say that there are tens of hours of VR content waiting for you here.
Hitman 3 already featured full VR support when it released on PS4 last year, and we really enjoyed that version of the game. With that said, there were definite issues with PSVR’s limited tracking on the DualShock 4 controller, and PC VR’s move to two handed-tracked controllers has us very interested to dive back in. It’s very possible that the improved tracking and — hopefully — increased performance make this a hugely improved experience.
Of course, we’re hoping that this isn’t the end of Hitman’s story with VR. The game is also on PS5 and last week’s reveal of PSVR 2 has us very hopeful that IO could update that version of the game to support that headset too. So far the only officially confirmed game for the headset is Horizon Call of the Mountain, but we’re keeping track of all the announced, possible and rumored titles for the device.
Also revealed today were new modes, including Elusive Target Arcade in which you’re given several hits to perform in a row without failing. If you mess up, you’ll need to wait a day before you can try again.
Are you going to be checking out Hitman 3’s PC VR support? Let us know in the comments below!


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Mvix Brings On Chief Growth Officer; Says Sales Revenue Up Almost 72% In Past Two Years
September 14, 2022 by Dave Haynes
CMS software firm Mvix has pushed out news of a new senior hire, but what was more interesting to me was the description of the CMS software company’s growth in the last couple of years – with sales revenue up nearly 72% and the head count almost doubled.
Based in the Washington, DC-area, Mvix has announced the hiring of former Miller-Zell exec Peter Stamos as Chief Growth Officer. His focus, the company says in PR, will be on business development and market expansion, as well as “formulating and executing sustainable strategies for expanding channel sales operations.”
Stamos has over a decade of experience in the digital signage industry, including being CEO of Denver-based PingHD, which focuses on digital signage in QSR and was acquired recently by Spectrio. “He was instrumental in growing the PingHD brand, leveraging a client-centric strategy to yield annualized multi-million dollar revenue growth for 10 years running. Prior to his most recent role, Stamos served as the Executive Vice President of Sales & Marketing at Miller Zell, an Atlanta-based branded environments firm. He is a proven leader with an impressive track record of catalyzing exponential organizational growth and ensuring operational excellence to support client success.”
Stamos is based in Atlanta.
The announcement is part of a larger, strategic plan, which Mvix says it initiated in 2021. This plan will identify and select key industry leaders, with unparalleled experiences, to lead growth initiatives and generate new client success stories. Mvix continues to expand its long-term partnerships with strategic system integrators and distribution partners. In the past two years, Mvix has grown revenue by over 72% and nearly doubled its team count, expanding its workforce to four continents.


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IZOD SIGNS MULTI-YEAR PARTNERSHIP WITH GRAND SLAM CHAMPS THE BRYAN BROTHERS
PVH Corp. has announced a multi-year marketing partnership agreement for its Izod brand with Olympic gold medalists and champion tennis players, Bob and Mike Bryan. The Bryan Brothers will wear Izod Advantage Performance apparel as official brand ambassadors, making their first appearance at the BNP Paribas Open in Indian Wells, California, which runs from March 6-19.
The Bryan Brothers will wear complete outfits from Izod’s seasonal offerings including branded shirts, shorts, hats, and socks. They will appear in a national advertising campaign for Izod, premiering this spring, and will participate in media appearances and retail opportunities.
“We think there is no better pair to represent the Izod brand both on and off the court, given their youthful spirits, and long-standing reign as champions in tennis,” said Mike Kelly, Executive Vice President of Marketing for PVH.
“We’re honored and excited to begin working with Izod,” commented Bob Bryan. “The brand has been developing some really innovative products and we look forward working with their design team to develop more.”
“It was a natural progression to work with Izod,” added Mike Bryan. “They have an impressive history of their own in tennis and golf, and a long legacy of partnering with great athletes. My brother and I are proud to join those ranks.”
With 112 tour title wins, the Bryan Brothers are the most successful men’s tennis doubles team in history, holding the record for the most team match, tournament, and Grand Slam double victories.


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Maine resident Michael Hawes was looking to sell some rims on Craigslist recently when he fell for one of the oldest Craigslist scams out there — the check scam. Here’s how it went down, according to WABI 5 News:
“The buyer, who used the name James Sawyer, sent Hawes a check for $2,900.43. Way over the original asking price. “The rims I posted for $600 and I said it’s awful funny he sent such a big check, but he told me it was to insure the rims and for shipping,” said the Seller.
Hawes deposited the check and wired the rest of the money back to Sawyer, but under a different name. Then a few days later, the buyer sent Hawes another email, saying something went wrong with the first check, so he sent another – this time for $2,000.”
Unfortunately, Hawes didn’t realize he had been conned until the checks bounced, leaving him with a $5000 hole in his bank account.
In this case there were plenty of red flags to see. Apparently, the checks were all sent from different addresses, and the money for shipping had to be sent to different people.
However, if Hawes had read one of my first posts on the Craigslist Scam Report, he could have avoided this situation entirely. As I mentioned a few weeks ago, you should NEVER ship anything to a buyer or accept a check as payment when selling on Craigslist. Almost every time, the buyer is a scammer, looking for easy prey online. Avoid the predators with tips like these, and find success selling online with the comprehensive techniques in Craigslist Unlocked.


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German automakers warn of 'only losers' in Trump's trade talkMarch 5
Automakers offer to upgrade 5 million polluting diesel cars in GermanyAug. 2, 2017
German automakers discuss publishing real-world fuel economy dataApril 13, 2017
Jeep, Nissan, Fiat, Infiniti among brands skipping Frankfurt auto showApril 6, 2017
One of the world's biggest auto shows, in Frankfurt, will be missing at least nine brands this year including three Fiat Chrysler units, Nissan and two PSA brands, as more automakers shift marketing outlays.


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by Christopher Freeburn | May 7, 2012 1:01 pm
Intel (NASDAQ:INTC) announced that it will increase its quarterly dividend by 7.1% to 22.5 cents a share.
This marks the third time in 18 months that Intel has boosted its quarterly dividend.
The company says it is raising its dividend based on burgeoning sales of chips for smartphones and other mobile devices, which will lead to “record revenues” this year.
Demand for the company’s traditional chips, used in personal computers and a variety of other devices, is also expected to remain strong for the rest of the year, according to company officials.
Shares of Intel had risen 15% so far this year.
In mid-afternoon Monday trading, Intel shares were up fractionally.
Source URL: https://investorplace.com/2012/05/intel-raises-quarterly-dividend-7-1/
Short URL: http://invstplc.com/1fCEecZ
Copyright ©2018 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.


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While no specific titles have yet been announced, EA is promising to have details on its PSP support at the show next week. The company is already stating that it intends to have four PSP titles available at the system's launch, with 10 to 12 more titles coming in the first year.
Electronic Arts joins other major players, such as THQ, in announcing development for the PSP. With the Nintendo DS also just around the corner, the handheld gaming world is about to be a fairly exciting place.
More details when we hit the show floor next week. Stay tuned.


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New Bentley Mulliner Collections model to be launched at the Home of Bentley in Monterey on Thursday 12 August.
Monterey Car Week is known as a car collector and enthusiast’s dream with automotive packed events and shows highlighting some of the most exclusives vehicles in the world. The week-long celebration is also a time for manufacturers to showcase new designs and technology. Bentley Motors is excited to announce that its fleet for Monterey Car Week is full of debuts and diversity for enthusiasts to enjoy. Alongside the Bentley Bentayga Hybrid and Flying Spur Hybrid, Bentley Mulliner will be on-site to launch the brand’s newest addition to its portfolio of exclusive chassis. As part of the Bentley Mulliner Collection, the ‘Car Zero’ engineering vehicles for the Bentley Bacalar and Blower will be featured during the festivities.
Other exciting new members of Bentley’s product range will also make public debuts throughout the event, including the new driver-focused Bentayga S and the world’s ultimate luxury performance grand tourer, the Continental GT Speed Convertible. The pinnacle of the Continental family will also be featured in both coupé and convertible styles of the Continental GT Mulliner. Making regional debuts will be the fastest SUV in the world in the Bentayga Speed, and the Flying Spur V8. Bentley’s presence at Monterey Car Week has been designed to be COVID-safe and will be compliant with all CDC guidelines throughout the week.


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Ferrari, along with its parent company Exor announced a multi-year partnership with LoveFrom, the design firm that has been co-founded by Apple's former design chief Jony Ive along with fellow designer Marc Newson.
Ferrari issued a press release in which the company said
The first expression of this new partnership will bring together Ferrari's legendary performance and excellence with LoveFrom's unrivalled experience and creativity that has defined extraordinary world changing products.
Ferrari and Former Apple Design Cheif Jony Ive Could Bring Some Interesting Projects in the Future
Additionally, the company also said that aside from the collaboration with Ferrari, LoveForm will explore a range of creative projects with Exor in the "business of luxury."
Jony Ive and Marc Newson said in a giant statement that
As Ferrari owners and collectors, we could not be more excited about collaborating with this extraordinary company and in particular with the design team expertly led by Flavio Manzoni... We see some uniquely exciting opportunities working together which we believe will yield important and valuable work.
In addition to the partnership, Ive will also be joining Exor's Partners Council, a group that is responsible for sharing ideas with the company and exploring potential business opportunities as well.
Jony Ive left Apple back in June 2019 and formed LoveForm, and at that time, Apple did mention how the company would remain Ive's primary clients, but ever since that, we are not sure which Apple products Ive helped design ever since. However, Apple did confirm that the 24-inch Mac was designed with the help of Ive that was released earlier this Ive.
Ive also recruited at least four of his former Apple colleagues who now work at LoveForm, and Airbnb also announced a multi-year firm last year. So, it really is looking good for LoveForm and Jony Ive.
With that said, we are looking forward to seeing what sorts of products this partnership will bring to the market. You can read the full press release here.


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Springfield, Vermont, United States
Peugeot today unveiled the all-new 208, which will replace the 207 in spring 2012. Entirely new from the ground up, the French firm's latest B segment model is said to ‘represent a true generation leap' over its predecessor and embody ‘the principles of agility and efficiency'. "The strength of the 208 lies in its style: it is a real ball of energy," says Peugeot's design director, Gilles Vidal.Mon, 10 Mar 2008 00:00:00 -0700
By Guy Bird Motor Shows 10 March 2008 12:03 What’s new on Pininfarina’s Geneva Motor Show stand? Italian coachbuilder and design house Pininfarina showed another stunning concept at Geneva to follow the 2005 Maserati Birdcage and 2004 Nido. The 2008 Sintesi is strictly an ‘ideas concept’ imagining a future vehicle that can communicate with other cars to avoid traffic and accidents and thus reduce the need for current passive safety requirements – like longer and heavier front noses to meet pedestrian impact laws.Fri, 13 Dec 2013 00:00:00 -0800
Formula One ace Michael Schumacher was back behind the wheel of a Silver Arrow in a new Mercedes C-Class video this week. He is testing the autonomous features such as pre-braking, lane keeping and radar cruise control. Mercedes director of driver assistance systems Jochen Hermann talks us through the video, with Schumacher behind the wheel, starting with the Distronic Plus system.


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Know your herbs- Eco-contest
Nature club of kumaraguru conducted the November month’s eco-contest based on the theme of medicinal plants named,”Know your Herbs” . This online quiz competition was held on 28 November 2020.
This event was conducted between 10.00am and 7.00 pm . Instagram was used as the online platform. Stories were posted on our club’s Instagram page on a regular basis. The participants were asked to respond to the question posted. The questions were based on the medicinal herbs. The questions also contained pictures of the herbs. Over 50 participants participated enthusiastically in this event and we received a great response from the participants. The winner was announced in Nature club’s Instagram story.
The main motto of this event is to make attain the participants a basic knowledge about the herbs that we use in daily life as Medicines.


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PUMA has announced that it is going to launch an outlet at Dhanmondi 27. The announcement came through its franchise partner for Bangladesh, DBL Group in a bid to expand its presence in the country.
PUMA started in Bangladesh in April 2019 with its flagship store at Banani Road 11 which is one of its biggest stores in South-East Asia showcasing its latest performance and sport-style products on 2,200 square feet of space.
An official from the DBL Group stated that the inauguration for the outlet will take place on either September 26 or 27.
The brand is focusing on distinctive designs and a global outlook blending influences of sport, lifestyle and fashion, a concept it gave a name “Sportlifestyle”.


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This Blog featured in the Business Daily.
This blog was featured in an article on the growing influence of blogging in Kenya in yesterday’s edition of the Business Daily Newspaper. You can read the article, “Kenya has the third largest number of blogs in Africa” in full here>
Day One: Mobile Web East Africa.
Thanks to Erik Hersman for live blogging a good portion of the happenings at the Mobile Web East Africa Conference 2010 today. You can access the same at his blog here>
Interview with AlreadyInspired.com on Blogging.
This is an interview I had last week with AlreadyInspired.com, a blog that covers stories about people who blog worldwide. You can read the interview here>


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Lottery Supplier Europe
Scientific Games’ decision to sell its Lottery division for $6.05bn reveals the scale of the business, as well as the sheer size and potential of the global lottery market.
The SG Lottery business has long-standing relationships with 130 lotteries in over 50 countries, helping the company achieve two back-to-back record revenue quarters in 2021. In Europe, Scientific Games grew Italian instant games sales by over 20 per cent to a new record high, and ousted a competitor to win a contract with SCML in Portugal, operator of one of the largest instant game programs in the world.
It secured four other European instant contracts in Bosnia, Croatia, Denmark, and Georgia, is rolling out its new SYMPHONY gaming system to three state lotteries in Germany, and introduced a new instant ticket gaming system in Switzerland.
The company is also investing in the future with a new instant game facility in the UK to increase its global production capacity by 20 per cent, while also acquired UK-based Sideplay Entertainment to expand its portfolio of eInstant game content.
In the European lottery supplier category, there was no beating Scientific Games in 2021.