Comunicati.net - Comunicati pubblicati - Turismo Comunicati.net - Comunicati pubblicati - Turismo Tue, 14 Aug 2018 21:10:55 +0200 Zend_Feed_Writer 1.12.20 (http://framework.zend.com) http://comunicati.net/comunicati/turismo/1 PRN: EE Consolidates Dominance in UK Mobile Performance, According to New RootMetrics Report Mon, 13 Aug 2018 21:41:32 +0200 http://comunicati.net/comunicati/turismo/varie/488805.html http://comunicati.net/comunicati/turismo/varie/488805.html PR Newswire Turismo PR Newswire Turismo

EE Consolidates Dominance in UK Mobile Performance, According to New RootMetrics Report

  [13-August-2018]  

LONDON, August 14, 2018 /PRNewswire/ --

  • EE secures top ranking in all mobile performance categories in the UK, including the carrier's fifth straight annual win for overall performance 
  • Three and Vodafone continue their challenge for best network, with the latter carrier making progress in data performance testing 
  • O2 ranks fourth in overall, reliability, speed, and data, but showcases steady improvements, making gains in call performance 
  • However, the gap in performance is narrow, showing the need for 5G implementation for further differentiation 

The most scientific and comprehensive survey of mobile network performance, conducted by RootMetrics, by IHS Markit, shows EE has confirmed its position as market leader in mobile network performance across the UK, winning all six mobile performance categories tested.

     (Logo: https://mma.prnewswire.com/media/729851/RootMetrics_Logo.jpg )

EE's dominance is cemented by the fact the carrier has won the last 10 half-yearly national reports produced by RootMetrics, claiming five consecutive years as the UK's leading network in terms of overall performance. This is measured by a combination of reliability and speed results from data, call, and text testing.

A previous joint winner of call performance in the prior half-year testing period, Three now loses its top spot, while also falling to third behind Vodafone for data performance. However, Three remains in second position for overall performance, with Vodafone ranking third.

O2 remains in last place out of the four mobile operators. However, data shows it has made improvements in call performance, which tests how reliably each network is able to place and maintain calls.

Kevin Hasley, head of product at RootMetrics and executive director of performance benchmarking at IHS Markit, said: "EE's reputation for delivering fast speeds and strong performance is maintained in our testing, while Three's consistent reliability places it as another leading carrier across the UK. Although O2 sits fourth, it has also deployed three-carrier aggregation in some UK cities, and if it increases its rollout, it could lead to faster speeds in future testing."

5G - a necessary differentiator 

While EE consolidated its dominance by scooping all six award categories, the results show narrow differences on some of the key metrics that consumers care most about. Based on RootMetrics' scoring mechanism for overall performance, EE scored 96.0 out of 100 and Three, in second place, registered 93.0 out of 100. Vodafone scored a 90.1 and O2 came in at 86.6. In areas like network reliability margins are even closer, with EE boasting a 97.6 mark and Three scoring 96.5.

With mobile performance ever improving and all operators enhancing their scores, the incentive to make the most of 5G-related spectrum is high. Mobile operators rely on the ability to convince consumers of their performance prowess via independent studies like RootMetrics' and the ability to deploy 5G infrastructure successfully is the new battleground for differentiation.

Hasley, continued: "The first movers in 5G are going to have an advantage as consumers will see a big change in performance of their devices across critical functions like live streaming video. EE's high performance in 4G testing can lead to a seamless service transition to 5G. However, it will be a brand new playing field once the technology is live. 5G will give all networks an opportunity to be a leader in performance and service provision, and RootMetrics will be ready to test it when it's live."

"5G will most likely have the biggest impact in urban areas as the technology will initially be deployed in centers of high population density. Operators will still need to prove and maintain 4G and even 3G performance across wider geographies because that's how we use our phones. We accept that when on the move and in more rural locations performance will be lower, but we still have expectations about minimum levels of performance."

Home nations testing results 

While EE dominates overall network performance across the UK in its entirety Vodafone scores higher in Northern Ireland and Three is competing with EE in Wales.

"The competitive landscape seen on a nation-by-nation basis is best explained by spectrum deployment and how well carriers use its data to improve network performance. We're now looking ahead to an exciting 2019, as 5G begins to roll out. We may not necessarily see a difference in network coverage, but we will see the potential for greater capacity and increased speeds across the country." explains Hasley.

During the first half of 2018, RootMetrics scouters drove 21,000 miles, visited 654 indoor locations, and conducted over 590,000 tests to statistically cover all four UK nations. All tests were conducted using unmodified, off-the-shelf phones purchased from carrier stores.

This is the 10th time RootMetrics issues its nationwide results, including a breakdown of network performance across all the United Kingdom. The reports combine scientifically based data with real-world mobile performance insights to offer consumers a completely independent view of each carrier's performance where they live, work, and play.

RootScore Award Summary for the UK, first half of 2018

Following is a summary of RootScore Award winners for the first half of 2018 in the UK. For more details, view the entire report, here .

Overall Performance: EE
Network Reliability: EE
Network Speed: EE
Data Performance: EE
Call Performance: EE
Text Performance: EE

For details on the RootMetrics by IHS Markit testing methodology, visit: http://rootmetrics.com/en-GB/methodology

About RootMetrics®

RootMetrics®, by IHS Markit, is mobile analytics that measures mobile network performance and offers insights into the consumer mobile experience. RootMetrics provides data on mobile network performance to help the networks improve and give consumers an end-to-end look at mobile performance. To ensure that RootMetrics testing reflects real-world mobile usage, testing is conducted based on where, when and how consumers use their smartphones most often.

© 2018 RootMetrics. All rights reserved. 

FOR MORE INFORMATION:
Joshua Ayodele for RootMetrics, by IHS Markit
rootmetrics@madano.com
+44-(0)20-7593-4000

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PRN: Empire State Realty Trust Announces Annual "ESB Moment" Photo Contest With $5,000 Cash Prize Mon, 13 Aug 2018 18:57:13 +0200 http://comunicati.net/comunicati/turismo/varie/488801.html http://comunicati.net/comunicati/turismo/varie/488801.html PR Newswire Turismo PR Newswire Turismo

Empire State Realty Trust Announces Annual "ESB Moment" Photo Contest With $5,000 Cash Prize

  [13-August-2018]  

Entries Will Now Also be Accepted from Canada and the United Kingdom

NEW YORK, Aug. 13, 2018 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) today announced its seventh annual photo contest for photographers to share their "Empire State Building (ESB) Moment" and have the chance to win $5,000. For the first time, the contest will be open to participants not only in the United States, but also in Canada, and the United Kingdom. In addition to the Grand Prize, those who submit photos will compete to win one of the eight weekly prizes and a Runner-Up prize of $1,500. Winners will also have their work displayed in the new Empire State Building Observatory.

Fans of the Empire State Building may submit their photo entry via Instagram or Twitter by using the hashtag #ESBmoment and #contest. Entrants may also submit their photos using ESB's photo contest microsite, www.esbphotocontest.com or by texting "ESBMOMENT" to 811-811 for a link for submission*. Entries will be accepted from 4:00 PM ET on Monday, August 13, 2018, through Friday, October 5, 2018, at 11:59 PM ET. Exterior and interior shots of the building will be accepted.

"A picture is worth 1,000 words, and what better way to share a special 'ESB moment' than through a photographic memory," said Anthony E. Malkin, Chairman and CEO of ESRT. "We are excited to share unique, personal perspectives of ESB as seen through the eyes of our Guests, and to give our Guests a chance for their 15 minutes of fame through the display of their winning submissions in our new $160 million Observatory experience."

Eight weekly winners determined by fan vote on the website will be awarded a customized goody bag and a weekly winner title. The eight winners automatically become finalists and will compete for a chance to win the Grand Prize. Winners will be announced throughout the contest on the microsite and ESB's social media platforms.

Entrants must be over the age of 18 and legal residents of the United States, the United Kingdom, or Canada. For official contest rules and additional information about the photo contest, visit www.esbphotocontest.com.

*For US Entrants only: Charges and restrictions of the mobile platform provider may apply.

About the Empire State Building
Soaring 1,454 feet above Midtown Manhattan (from base to antenna), the Empire State Building, owned by Empire State Realty Trust, Inc., is the "World's Most Famous Building." With new investments in energy efficiency, infrastructure, public areas and amenities, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. The skyscraper's robust broadcasting technology supports major television and FM radio stations in the New York metropolitan market. The Empire State Building was named America's favorite building in a poll conducted by the American Institute of Architects, and the Empire State Building Observatory is one of the world's most beloved attractions as the region's #1 tourist destination. For more information on the Empire State Building, please visit www.empirestatebuilding.com, www.facebook.com/empirestatebuilding, @EmpireStateBldg, www.instagram.com/empirestatebldg, www.youtube.com/esbnyc or www.pinterest.com/empirestatebldg/.

About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of June 30, 2018, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.


Company Codes: NYSE:ESRT
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PRN: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sinclair Broadcast Group, Inc. - SBGI Mon, 13 Aug 2018 17:08:38 +0200 http://comunicati.net/comunicati/turismo/varie/488798.html http://comunicati.net/comunicati/turismo/varie/488798.html PR Newswire Turismo PR Newswire Turismo

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sinclair Broadcast Group, Inc. - SBGI

  [13-August-2018]  

NEW YORK, Aug. 13, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (NASDAQ: SBGI).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Sinclair and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On July 26, 2018, post-market, the Wall Street Journal reported that the U.S. Department of Justice is investigating whether Sinclair, Tribune Media Company, and other independent television station owners had violated antitrust law by "coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials".  On this news, Sinclair's stock price fell sharply during intraday trading on July 27, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980

 


Company Codes: NASDAQ-NMS:SBGI
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PRN: Avery Dennison Secures Global Contract With F.C. Barcelona® to Supply Names and Numbers for Team Jerseys Mon, 13 Aug 2018 14:42:44 +0200 http://comunicati.net/comunicati/turismo/varie/488797.html http://comunicati.net/comunicati/turismo/varie/488797.html PR Newswire Turismo PR Newswire Turismo

Avery Dennison Secures Global Contract With F.C. Barcelona® to Supply Names and Numbers for Team Jerseys

  [13-August-2018]  

LONDON, August 13, 2018 /PRNewswire/ --

Proprietary RFID technology will help supply products as company adds LaLiga® champions to its growing list of global football partnerships

Avery Dennison has been named as the global licensee of F.C. Barcelona's name and numbers shirt customisation.  

     (Photo: https://mma.prnewswire.com/media/729834/Avery_Dennison_FC_Barcelona.jpg )

Having previously supplied names and numbers for the football club in the Iberia region, Avery Dennison will now supply product globally for F.C. Barcelona, establishing them further as a leading supplier across a number of professional sports leagues, teams, clubs and federations.

Avery Dennison products include names, numbers, crests, woven labels and speciality trims, and they are already providers for a number of the top clubs in La Liga and 90% of clubs in the Premier League. Additionally, over 80% of the national team jerseys worn by teams in Russia this summer featured Avery Dennison products, ranging from team crests to brand protection elements.

The bespoke F.C. Barcelona range of products will be sold on sport.averydennison.com to distributors & retailers, who will sell the official name and numbers of F.C Barcelona in retail stores worldwide for fans to buy.

Rubén Benseny, Licensing and Merchandising Director at F.C. Barcelona, said:

"We fully trust in Avery Dennison to partner with F.C. Barcelona on our global plan growth and on the development on the new products to connect our final consumer. Avery Dennison has demonstrated their capabilities to cover the market and to create new embellishments with new technologies that afford us to up the partnership to a global level."  

Nikita Jayasuriya, Global Director and Head of Team Sport at Avery Dennison, said:        

"We are proud to partner with F.C. Barcelona, one of the biggest clubs in world football.  We offer a first class service with speed and high quality products, specifically tailored for the players and fans. This includes numbers on the back of player jerseys that have an aerated enhancement to ensure they are extra breathable, which can help improve player performance." 

Avery Dennison has optimised its service levels and processes by using its unique RFID technology to facilitate the tracking of products to retail outlets. RFID enhances the speed and efficiency in which retailers can manage their stock levels, reducing out of stock situations.

"The RFID technology we use to package our products is a game changer in the sports supply industry and can really help increase retail revenue. The time from which products are supplied from our factories to a store for purchase is also reduced dramatically, so fans can have the name & number of a new player on their shirt within hours." 

The global partnership with F.C. Barcelona will also see Avery Dennison increase sustainability efforts even further. They will produce tens of millions of names and numbers for the club over the next four years, and the new products are already producing 47% less polyester waste in the F.C. Barcelona production process and taking ownership of the recycling process by batching more items onto the carrier and shipping less to the customer.

Find out more about Avery Dennison, their new F.C. Barcelona products and how they're leading innovation in green alternatives to production, by visiting sport.averydennison.com.

About Avery Dennison 
Avery Dennison Retail Branding and Information Solutions (RBIS), a global leader in providing end-to-end solutions in the apparel and footwear industry, is a $1.5 billion division of Avery Dennison Corporation (NYSE: AVY). RBIS provides intelligent, creative and sustainable solutions that elevate brands and accelerate performance throughout the global supply chain. RBIS helps elevate brands through graphic tickets, tags and labels, embellishments, packaging solutions and woven components that enhance consumer and product appeal. It accelerates performance through radio frequency identification (RFID)-enabled inventory, loss prevention solutions, consumer engagement, price management, printer and labeler products, global compliance, intelligent labels and brand security solutions.! RBIS ser ves the global marketplace with operations in 50 countries, across six continents. For more information, visit www.averydennison.com/RBIS.


Company Codes: NYSE:AVY
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PRN: Elsevier Honored with Numerous 2018 Digital Health Awards Mon, 13 Aug 2018 14:26:37 +0200 http://comunicati.net/comunicati/turismo/varie/488796.html http://comunicati.net/comunicati/turismo/varie/488796.html PR Newswire Turismo PR Newswire Turismo

Elsevier Honored with Numerous 2018 Digital Health Awards

  [13-August-2018]  

PHILADELPHIA, August 13, 2018 /PRNewswire/ --

Elsevier patient education videos awarded top honors

Elsevier, the information analytics business specializing in science and health, and part of RELX Group, received numerous 2018 Digital Health Awards for its patient education content. The awards recognize high-quality digital health resources for consumers and health professionals.

"This award confirms that Elsevier's patient education content is a leading source of trusted consumer health information in the healthcare industry," said Julibeth Lauren, PhD, APRN, Vice President and Editor-in-Chief for Patient Engagement, part of Elsevier's Clinical Solutions. "Recognition of our video education highlights our commitment to improving patient understanding and participation in their care." Elsevier's patient education supports the health information needs of patients and their loved ones throughout the entire care journey from wellness to diagnosis, treatment and recovery.

Elsevier received two Gold, three Silver and one Bronze award, in addition to a merit award. The awards are as follows:

  • Gold awards were given to Advance Directives and Stroke Warning Signs;
  • Silver awards were given to Coping with Financial Concerns of Cancer, Managing Hyperlipidemia and Preventing Atrial Fibrillation-Related Stroke;
  • a Bronze award was given to Colonoscopy; and
  • a merit award was given to Ischemic Stroke.

A panel of health technology professionals judge the entries based on content, format, success in reaching the targeted health audience and overall quality.

Celebrating its 20th anniversary in 2018, the Digital Health Awards program is organized by the Health Information Resource Centersm (HIRC), a clearinghouse for professionals who work in consumer health fields.

The Digital Health Awards is an extension of the HIRC's 25-year old National Health Information Awardssm, the largest program of its kind in the United States. The awards are held twice a year.

The Spring 2018 Digital Health Awards recognize all digital health resources developed, produced, published or updated between January 1, 2017 and March 31, 2018.

About Elsevier 

Elsevier is a global information analytics business that helps institutions and professionals advance healthcare, open science and improve performance for the benefit of humanity. Elsevier provides digital solutions and tools in the areas of strategic research management, R&D performance, clinical decision support and professional education, including ScienceDirect, Scopus, SciVal, ClinicalKey and Sherpath. Elsevier publishes over 2,500 digitized journals, including The Lancet and Cell, 38,000 e-book titles and many iconic reference works, including Gray's Anatomy. Elsevier is part of RELX Group, a global provider of information and analytics for professionals and business customers across industries. www.elsevier.com

Media contact
Christopher Capot, Global Communications
Elsevier
+1-917-704-5174
c.capot@elsevier.com

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PRN: Aircraft Fairings Market Worth $2.13 Billion by 2023 Mon, 13 Aug 2018 14:10:21 +0200 http://comunicati.net/comunicati/turismo/varie/488795.html http://comunicati.net/comunicati/turismo/varie/488795.html PR Newswire Turismo PR Newswire Turismo

Aircraft Fairings Market Worth $2.13 Billion by 2023

  [13-August-2018]  

PUNE, India, August 13, 2018 /PRNewswire/ --

According to a new market research report "Aircraft Fairings Market by Application (Flight Control Surface, Fuselage, Engine, Nose, Cockpit, Wings, and Landing Gear), Material (Composite, Metallic, and Alloy), End User (OEM and Aftermarket), Platform, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is projected to grow from an estimated USD 1.49 billion in 2018 to USD 2.13 billion by 2023, at a CAGR of 7.38% from 2018 to 2023.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )
Browse 72 market data Tables and 34 Figures spread through 127 Pages and in-depth TOC on "Aircraft Fairings Market - Global Forecast to 2023"


https://www.marketsandmarkets.com/Market-Reports/aircraft-fairing-market-41536816.html

Early buyers will receive 10% customization on this report 

Aircraft fairings manufacturers are focusing on enhancing their market shares through research & development activities to minimize weight, drag, and fuel consumption of aircraft, and enable a greener environment. Additionally, they are also working towards developing high strength and durable materials that help towards the manufacture of safer aircraft. To comply with airliners and operator's demands, major players in the aircraft fairings market are developing fairings which help reduce operating and maintenance costs in terms of airframe weight.

The introduction of technology, such as plasma fairings technology for landing gear noise reduction, advanced composite materials for aircraft fairings, and resin transfer molding technology for aircraft fairings in the aviation industry is expected to contribute to market growth during the forecast period.

Based on platform, the commercial segment is projected to lead the aircraft fairings market during the forecast period 

Based on the platform, the commercial segment is expected to lead the aircraft fairings market during the forecast period. Commercial aircraft manufacturers should take into consideration various factors, such as efficiency, comfort, safety, and reliability. In commercial aircraft, metals, such as steel, aluminum, and titanium and its alloys, are preferred for the manufacture of aircraft. For instance, in Airbus A380, thermoplastic composites are used on the leading edges and in the fuselage frame for structural clips and brackets.

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=41536816

Based on end user, the OEM segment of the aircraft fairings market is projected to witness the highest growth during the forecast period 

Based on end user, the OEM segment of the aircraft fairings market is projected to witness the highest growth during the forecast period. In the aviation industry, aircraft are manufactured and delivered to airlines with aircraft fairings technology already installed in the aircraft. Original Equipment Manufacturers (OEMs) are responsible for the installation of aircraft fairings components. This has become a suitable alternative for airline companies, as post the delivery of aircraft, aftermarket modification becomes cumbersome for aircraft manufacturers.

The North America region is expected to lead the aircraft fairings market during the forecast period from 2018 to 2023 

The North America region is expected to lead the aircraft fairings market during the forecast period. North America is expected to be a prominent region for the aircraft fairings market. Rising military upgrades, such as the purchase of unmanned aerial vehicles and innovative military jets are expected to upsurge demand for the aircraft fairings market in North America during the forecast period. North America is expected to remain the largest region due to the high demand for newer aircraft and replacement of aging fleets.

Major companies profiled in the aircraft fairings market report are Malibu Aerospace (US), Barnes Group (US), Boeing (US), and NORDAM (US), among others.

Know more about the Aircraft Fairings Market: 

https://www.marketsandmarkets.com/Market-Reports/aircraft-fairing-market-41536816.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit Our Blog: https://www.marketsandmarkets.com/ResearchInsight/aircraft-fairing-market.asp

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets


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PRN: ABI Research Analysts to Provide Strategic Guidance About Transformative Technologies Impacting Industrial Manufacturing to Hannover Messe USA/IMTS 2018 Attendees Mon, 13 Aug 2018 12:45:26 +0200 http://comunicati.net/comunicati/turismo/varie/488793.html http://comunicati.net/comunicati/turismo/varie/488793.html PR Newswire Turismo PR Newswire Turismo

ABI Research Analysts to Provide Strategic Guidance About Transformative Technologies Impacting Industrial Manufacturing to Hannover Messe USA/IMTS 2018 Attendees

  [13-August-2018]  

Main Technologies Focus on Artificial Intelligence, Augmented Reality, Internet of Things, Robotics and Wireless Connectivity

 

OYSTER BAY, New York, Aug. 13, 2018 /PRNewswire/ -- Seven ABI Research analysts will be on-site at the Hannover Messe USA 2018, the world's leading trade show for industrial technology, and the co-located IMTS 2018 (International Manufacturing Technology Show) conference from September 10-14, 2018 in Chicago, IL., to conduct one-to-one business meetings and press interviews, announced ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.

The technologies impacting the industrial manufacturing market that the ABI analysts will be focusing on at Hannover Messe/IMTS include:

  • Artificial Intelligence: What is the most suitable implementation of AI for industrial companies?
  • Augmented Reality and Mixed Reality: How can AR/MR be fully integrated into your workflow?
  • Cybersecurity: How do you protect your operational technologies in your corporate cybersecurity strategy?
  • IoT: Can a single connectivity technology address all industrial IoT (Internet of Things) applications?
  • Robotics: When is the right time to adopt a collaborative robot?
  • Smart Manufacturing: Which smart manufacturing platform is right for you?
  • Wireless Connectivity: Why should you look beyond Ethernet to wireless connectivity in installations?

The seven analysts in attendance and their associated research areas include:

  • Dominique Bonte, Vice President, Verticals/End Markets
  • Stuart Carlaw, Chief Research Officer
  • Adarsh Krishan, Senior Analyst, M2M (Machine to Machine), IoT & IoE (Internet of Everything)
  • Ryan Martin, Principal Analyst, Smart Manufacturing
  • Dan Shey, Vice President, Enabling Platforms
  • Jack Vernon, Industry Analyst, Robotics, Automation & Intelligent Systems
  • Rian Whitton, Research Analyst, Robotics, Automation & Intelligent Systems

If you would like to schedule a press interview or 1:1 business meeting with an ABI analyst and/or download the biographies of all the analysts attending the Hannover Messe and IMTS, click here or visit https://go.abiresearch.com/hannover-messe-chicago-schedule-a-briefing.

Resources:

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info: 




Global


Deborah Petrara

Christopher Leary

Tel: +1.516.624.2558

Tel: +1.516.624.2544

pr@abiresearch.com

pr@abiresearch.com

 

Logo - https://mma.prnewswire.com/media/276887/abi_research_logo.jpg


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PRN: Cardholders Want to Communicate Digitally, But Issuers Are Still Getting Up to Speed, According to Auriemma Consulting Group Mon, 13 Aug 2018 12:40:19 +0200 http://comunicati.net/comunicati/turismo/varie/488792.html http://comunicati.net/comunicati/turismo/varie/488792.html PR Newswire Turismo PR Newswire Turismo

Cardholders Want to Communicate Digitally, But Issuers Are Still Getting Up to Speed, According to Auriemma Consulting Group

  [13-August-2018]  

LONDON, Aug. 13, 2018 /PRNewswire/ -- Hold the phone: Email is cardholders' most preferred means to communicate with their credit card providers, but concerns remain before issuers can deliver a consistent customer experience in that channel. Email topped the list of all channels, including phone calls manned by agents, live chat, mobile apps and SMS, according to Auriemma Consulting Group's recent issue of UK Cardbeat.

Nearly four-in-ten cardholders prefer email when communicating with card issuers. Despite this consumer preference to communicate with card issuers by email (and with younger cardholders ages 18-34 also preferring live chat or mobile apps), issuers had notâ€�”until this yearâ€�”invested as heavily into the channels for servicing or Collections-related activities. At a recent meeting of Auriemma's Collections and Recoveries Roundtable in London, Collections executives discussed how digital channels could offer new opportunities to refresh contact strategies.

When weighing particular channel investments, issuers must analyse the performance of each potential channel and determine the contact methodology and channel mix that creates the best experience and increases an agent or collector's success. Issuers are exploring how different channels can augment contact rates and payment rehabilitation within collections. For example, some executives are in the process of testing email's efficacy by sending default notices digitally along with a conventional letter.

"The industry knows that email could be a highly successful contact channel, particularly for those in collections who tend to close off contact at some point in the lifecycle," says Louis Stevens, Director of UK Industry Roundtables. "There is opportunity to develop email as a priority channel instead of a supplementary one. Many collections operations today are centered around a call-and-collect model, which could be less effective as cardholders skew toward preferring digital communication."

However, integrating digital channels into the collections process can be a challenge, due to legacy system restrictions and painstaking approval processes. Currently, only 20% of Roundtable members offer live chat within the collections process, and further progress has been limited by the prioritisation of other controls, such as conversation transcript recording.

Despite the momentum for email, it is important that issuers maintain an excellent experience in the phone channel, which is the second-most preferred. One-third of customers prefer speaking with a representative on the phone, which is starkly higher than the 3% who prefer an automated service, such as an IVR.

Even though consumers have a strong preference for migrating more routine activities to digital channels, the phone is still the centerpiece for more in-depth and complicated interactions. This is evidenced in the Card Collections and Recoveries Roundtable Benchmark Study, which reports that the average handle time for calls has increased 11% since January 2018.

"Consumers don't mind using self-service or automated options for simple tasks, such as due date inquiries," says Stevens. "But for now, cardholders still call when they need a more impactful and in-depth experience."

Survey Methodology

This study was conducted online within the UK by an independent field service provider on behalf of Auriemma in March-April 2018, among 800 adult credit cardholders. The number of interviews completed is sufficient to allow for statistical significance testing between sub-groups at the 95% confidence level ± 5%, unless otherwise noted. The purpose of the research was not disclosed nor did the respondents know the criteria for qualification.

About UK Card Collections and Recovery Roundtable

Auriemma Consulting Group runs a series of information sharing and benchmarking Roundtable groups designed for executives and managers in collections and recovery. These Roundtables combine executive meetings, industry-leading operational benchmarking, and peer group surveys to help participants identify tools, technologies, and strategies to offer best-in-class customer experience at all touch points. For information on membership, contact Louis Stevens at louis.stevens@acg.net.

About Auriemma Consulting Group

For more than 30 years, Auriemma's mission has been to empower clients with authoritative data and actionable insights. Our team comprises recognised experts in four primary areas: operational effectiveness, consumer research, co-brand partnerships, and corporate finance. Our business intelligence and advisory services give clients access to the data, expertise and tools they need to navigate an increasingly complex environment and maximise their performance. Auriemma serves the consumer financial services ecosystem from our offices in London and New York City. For more information, visit us at www.acg.net or call +44 (0) 2076-290075.

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PRN: Sprint Business Earns Frost & Sullivan's New Product Innovation Award for Its MultiLine Mobile Business Solution Mon, 13 Aug 2018 11:40:38 +0200 http://comunicati.net/comunicati/turismo/varie/488789.html http://comunicati.net/comunicati/turismo/varie/488789.html PR Newswire Turismo PR Newswire Turismo

Sprint Business Earns Frost & Sullivan's New Product Innovation Award for Its MultiLine Mobile Business Solution

  [13-August-2018]  

The MultiLine management portal enables enterprises to manage deployments for all business phone numbers and users in one simple Web-based location

SANTA CLARA, California, Aug. 13, 2018 /PRNewswire/ -- Based on its recent analysis of the North American mobile business solutions market, Frost & Sullivan recognizes Sprint Business with the 2018 North America New Product Innovation Award for its MultiLine solution. It is an all-in-one app for business use on a bring-your-own-device (BYOD) device, essentially creating two distinct lines on a single deviceâ€�”one for business and one for personal use. This mobile business solution balances the reporting, security, and accounting needs of businesses while retaining employees' freedom of choice and personal privacy.

Photo - https://mma.prnewswire.com/media/729363/Sprint_Business_Award.jpg

Click here to read the Frost & Sullivan blog - http://bit.ly/2LIVaI6

"In an era when BYOD has emerged as the preferred option for employees, MultiLine is a convenient, secure, and economical solution for businesses seeking to dedicate and protect communications in the BYOD environment," said Brent Iadarola, Vice President at Frost & Sullivan. "The app delivers enterprise-grade functionality and security on any iOS or Android smartphone, regardless of the employee's service carrier."

The MultiLine app offers a host of separate business-ready features such as a dialer, contact list, call logs, text messaging, voicemail, scheduler, auto-transfer, three-way conferencing, and a do-not-disturb setting. For enterprises, it presents add-ons like mobile recording (both voice and text), enterprise mobility management (EMM) integrations, and an administrative portal.

Because MultiLine protects company information and contacts on a separate number and location, it facilitates compliance with mobile device regulations. The app helps simplify enterprises' communication strategy by reducing the hassle of parsing out and accounting for business and personal calls.

"MultiLine's advanced management allows administrators to assign or reassign business line numbers, centralize control of information and add-ons, and integrate with EMM systems," noted Iadarola. "Overall, Frost & Sullivan was highly impressed with MultiLine's ability to balance the reporting, security, and accounting needs of businesses, while retaining employee freedom of choice and personal privacy."

Each year, Frost & Sullivan presents this award to the company that develops an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Sprint Business

Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 54.6 million connections as of June 30, 2018, and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Today, Sprint's legacy of innovation and service continues with an increased investment to dramatically improve coverage, reliability, and speed across its nationwide network and commitment to launching the first 5G mobile network in the U.S. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

Contact:

Ana Arriaga
P: 210.247.3823
F: 210.348.1003
E: ana.arriaga@frost.com


Company Codes: NYSE:S
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PRN: NelsonHall Appoints Sven Lohse to Lead Insurance BPS Research Mon, 13 Aug 2018 11:25:54 +0200 http://comunicati.net/comunicati/turismo/varie/488785.html http://comunicati.net/comunicati/turismo/varie/488785.html PR Newswire Turismo PR Newswire Turismo

NelsonHall Appoints Sven Lohse to Lead Insurance BPS Research

  [13-August-2018]  

BOSTON, LONDON and PARIS, August 13, 2018 /PRNewswire/ --

NelsonHall continues to expand its global team, adds key expertise to focus on next generation industry-specific services

NelsonHall, the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in next generation IT and business services, is delighted to welcome Sven Lohse, who joins as senior analyst responsible for NelsonHall's Insurance BPS research program. Sven will drive NelsonHall's leading-edge research in key insurance BPS domains, serving NelsonHall clients around the world.

     (Photo: https://mma.prnewswire.com/media/729733/Sven_NelsonHall.jpg )
     (Logo: https://mma.prnewswire.com/media/643421/NelsonHall_Logo.jpg )

Sven is a recognized industry thought leader with 20 years' experience and a global perspective in industry analyst, management consulting, and corporate strategy roles. During his career he has addressed strategic and operational challenges in several industry sectors including the Healthcare Payer, Healthcare Provider and Property & Casualty Insurance verticals. For the last 8 years, he advised clients at the intersection of healthcare and BPO and IT services, where he served many of the world's largest healthcare organizations and their IT consulting/outsourcing service providers to plan, fund, and improve business strategies, operations, competitive positioning, and marketing.

Prior to NelsonHall, Sven was IDC's Research Manager for Healthcare IT Services Strategies. Previous positions include Associate Director, Healthcare and Strategy, for Kennedy Information (now ALM); Senior Marketing Manager with the Hanover Insurance Group; and Strategy Analyst with Diamond Management & Technology Consultants (now PwC).

Based in the U.S., Sven has a BA in Interdisciplinary Humanities and an MBA, both from the University of Chicago.

Sven's appointment is the latest key addition to NelsonHall's team, which is expanding in response to market demand for its unique brand of rigorous and insightful research and advice. John Willmott, NelsonHall's CEO, said "I'm delighted to welcome Sven to our global analyst team, which is continuing to grow as we focus on helping organizations understand, adopt, and optimize the next generation of technology and business process models. Sven's distinctive experience will help drive our industry-specific research and deepen the insights we deliver to our clients."

About NelsonHall: 

NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in next generation IT and business services. With analysts in the U.S., U.K., and Continental Europe, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's research is based on rigorous, all-original research, and is widely respected for the quality, depth and insight of its analysis.

Media Contact Information:
Paul Connolly
paul.connolly@nelson-hall.com

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PRN: Healthy Competition in Mobile & Video Games Market Generating Healthy Revenue Opportunities Mon, 13 Aug 2018 11:11:03 +0200 http://comunicati.net/comunicati/turismo/varie/488784.html http://comunicati.net/comunicati/turismo/varie/488784.html PR Newswire Turismo PR Newswire Turismo

Healthy Competition in Mobile & Video Games Market Generating Healthy Revenue Opportunities

  [13-August-2018]  

PALM BEACH, Florida, August 13, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary 

Mobile and video game have moved into the mainstream thanks to the popularity of games such as Epic Games' Fortnite and Riot Games League of Legends. Video game interest continues to grow at rapid pace which could mean big returns for those interested in the space. As technology and innovation continually take giant leaps forward, so does gaming content, products, mobile games, special events and video game tournaments. These are just some of the ways the industry is turning into a recurring revenue model and capitalizing on increased demand. Gamers around the world will likely spend around $138 billion on games this year, according to Newzoo's Global Games Market Report. The market research firm tracks usage and trends of video games, mobile and esports. The figure represents a 13.3 percent increase year! over yea r, or an extra $16.2 billion. Active Companies in the markets this week include: Tapinator, Inc. (OTC:TAPM), Cheetah Mobile Inc. (NYSE: CMCM), Zynga Inc. (NASDAQ:ZNGA), Glu Mobile Inc. (NASDAQ:GLUU), Electronic Arts Inc. (NASDAQ:EA).

Tapinator, Inc. (OTCQB: TAPM) BREAKING NEWS: Tapinator, developer and publisher of mobile games and applications on the iOS, Google Play and Amazon platforms is pleased to announce a worldwide distribution deal for its Solitaire Dash mobile game with Cheetah Mobile (NYSE:CMCM).

Under the four-year initial agreement, Cheetah becomes the exclusive worldwide distributor for all mobile versions of the Solitaire Dash game.

Cheetah Mobile is a leading mobile internet company dedicated to making the world smarter. It aims to provide leading apps for mobile users worldwide and connect users with personalized content powered by artificial intelligence. Cheetah Mobile was formed in November 2010 as a merger between Kingsoft Security and Conew Image, bringing together Kingsoft Security's 18 years of security technology experience and Conew's internet DNA. The Company has attracted approximately 600 million global MAUs in more than 200 countries and regions, of which approximately 70% are located outside of China.

Solitaire Dash is Tapinator's horse-racing themed tri-peaks solitaire mobile game which originally launched in 2017 and recently received a significant update for its 2.0 version. The user interface was completely redesigned in the form of a map to visually represent player progress. This redesign has resulted in a map featuring 324 unique levels across 18 racetracks. Players now have many additional ways to increase earning potential and in-game rewards, including purses for completing racetracks and "sponsorships" that are awarded for completing in-game content. In short, Solitaire Dash 2.0 now combines the proven systems of top grossing card games with its own unique features to create a best-in-class solitaire product. Tapinator's CEO, Ilya Nikolayev, has personally created the vision and overseen the development of Solitaire Dash since the game's inception.

Commenting on the agreement, Tapinator President Andrew Merkatz said "Given the overwhelmingly positive player response and monetization potential with Solitaire Dash, we are very excited to work with Cheetah Mobile to bring the game to their massive worldwide mobile audience. We look forward to working with Cheetah Mobile to continue to enhance and localize the game in order to delight more players and capture market share within the highly lucrative solitaire category on mobile.

"It's exciting to partner with Tapinator," said Keith Huan, Producer of Cheetah Games. "Solitaire Dash offers hybrid game play of classic Solitaire combined with a horse racing theme. We really looking forward to working with Tapinator to optimize and localize the game in order to deliver a unique game experience to our users worldwide." Read this and more news for Tapinator at: http://www.marketnewsupdates.com/news/tapm.html

In other industry developments from around the markets:  

Zynga Inc. (NASDAQ:ZNGA), a leading social game developer, and premier sports car maker Porsche, today announced a global content partnership. In honor of this year's 70th anniversary of the Porsche brand, the partnership includes new in-game content in CSR Racing 2 (CSR2), the world's most popular mobile racing game, as well as a four-part docuseries featuring passionate Porsche connoisseurs from around the world. The docuseries participants include Australian former racing driver Mark Webber, collector and designer Magnus Walker, custom tuner Akira Nakai, and former racer Bruce Canepa. The first video will be shared on CSR2's social media channels and promoted in-game on iOS and Android. Since its founding in 2007, Zynga's mission has been to connect the world through games. To date, more than 1 billion people have played Zynga's games acro! ss web an d mobile, including FarmVille, Zynga Poker, Words With Friends, Hit it Rich! Slots and CSR Racing. Zynga's games are available on a number of global platforms including Apple iOS, Google Android, Facebook and Zynga.com.

Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play mobile games, recetnly announced financial results for its second quarter ended June 30, 2018. The company also provided an outlook for its financial performance in the third quarter and increased its financial guidance for the full year 2018. Highlights included:  > Revenue increased to $90.2 million from $68.7 million year-over-year > Record bookings increased 20% year-over-year and 15% sequentially to $99.4 million > Company raises 2018 full year bookings guidance to a range of $374.0 million to $378.0 million, an $11.0 million increase at the midpoint > Design Home peaks at #7 top grossing game on U.S. App Store for iPhone.

Electronic Arts Inc. (NASDAQ:EA) launched EA SPORTS Madden NFL 19 on Origin for PC, Xbox One and PlayStation 4. This year's game delivers all-new animation and some of the smoothest gameplay ever with the introduction of Real Player Motion (RPM) Tech, along with Franchise mode enhancements that allow players to solidify their strategy and build their own NFL dynasty. The new features don't end there, as Madden Ultimate Team also offers new challenges and opportunities, while fans hoping to catch up with the lives of Devin Wade and Colt Cruise can discover the conclusion of their stories in Longshot: Homecoming. Last but not least, the Madden NFL franchise returns to PC, bringing with it unlocked frame rates, mouse and keyboard controls and more (see here for details on PC specs and requirements). Bleacher Report praises this year's edition of the game, calling it "A must-own package for fans of the sport," ! and "The smoothest Madden has ever felt." The world is also celebrating launch with the story of the Greatest Play Call Ever.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content! and deta ils which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty five hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks iden! tified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
Media Contact
email: info@marketnewsupdates.com
+1(561)325-8757



Company Codes: OTC-BB:TAPM, NYSE:CMCM, NASDAQ-NMS:ZNGA, NASDAQ-NMS:GLUU, NASDAQ-NMS:EA
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PRN: SWAFF Gathers Nations on the Threshold of a New Era for World Football Mon, 13 Aug 2018 10:48:50 +0200 http://comunicati.net/comunicati/turismo/varie/488783.html http://comunicati.net/comunicati/turismo/varie/488783.html PR Newswire Turismo PR Newswire Turismo

SWAFF Gathers Nations on the Threshold of a New Era for World Football

  [13-August-2018]  

Dr. Adel Ezzat from the Saudi Arabia Football Federation is elected President of the newly created South West Asian Football Federation (SWAFF) 

Mr. Mohamed Shaweed from the Football Association of the Maldives is elected Senior Vice-President 

JEDDAH, Saudi Arabia, Aug. 13, 2018 /PRNewswire/ -- Presidents of football federations and associations from across South and West Asia met in Jeddah today to formally constitute the new South West Asian Football Federation (SWAFF).

The first SWAFF General Assembly saw the election of officials to the Executive Board as well as the confirmation and approval of the organisation's statutes and regulations.

Dr. Adel Ezzat, President of the Saudi Arabia Football Federation, was elected as the first President of SWAFF. Dr. Ezzat will lead the federation as it begins delivering its vision for the growth of football in what is a new era for football in the region.

Commenting after the day's proceedings, the newly appointed President of SWAFF, Dr Adel Ezzat said, "Today is a landmark for football in the region as nations come together with a unified purpose to grow this great game from the grass roots up. It's well documented that Football is poised for significant growth across South and West Asia so we must harness the collective expertise and strengths of the member nations into a united force to seize this opportunity. SWAFF will help provide that focus, complementing the existing support provided by FIFA and the AFC.

Commenting on his election as Senior Vice President, Mr. Mohamed Shaweed, of the Football Association of the Maldives said: "I look forward to working with Dr. Adel Ezzat and the newly elected officials at SWAFF. Our region often lacks the facilities, coaching knowledge and competition structures that help the sport to thrive in more developed football nations. At SWAFF we will be working to change this pattern to support players of all ages, genders and levels of ability."

Elected as Vice President (South) was Mr. Subrata Dutta of the All India Football Federation and Vice President (West) was Mr. Abdullah Al Juneibi (United Arab Emirates Football Association).

The following candidates were also elected to positions on the Executive Board with one remaining position vacant to be decided at the next General Assembly:

  1. Ms. Mahfuza Akhter (Bangladesh Football Federation)
  2. Mr. Karma Tsering Sherpa (All Nepal Football Association)
  3. Mr. Anura de Silva (Football Federation of Sri Lanka)
  4. H.E. Shaikh Ali bin Khalifa Al Khalifah (Bahrain Football Association)
  5. Mr Fahad Al Hamlan (Kuwait Football Association)

Explaining the rationale for SWAFF, Dr. Adel Ezzat said, "In Saudi Arabia we are very passionate about our football. The sport unites us as a nation and it can connect us to our region and the world. If sport is a universal language then none is spoken more fluently than football. We want to work with our colleagues from across our region - from both South and West Asia - to grow the game we love. Football stands poised on the threshold of growth, SWAFF has been established as supporting infrastructure for this growth and Saudi Arabia will grow along with it. We are delighted to play our part".

Please Note: Video material relating to SWAFF and the preceding announcement can be found at: 

 

 

 

]]>
PRN: SWAFF Gathers Nations on the Threshold of a New Era for World Football Mon, 13 Aug 2018 10:46:15 +0200 http://comunicati.net/comunicati/turismo/varie/488782.html http://comunicati.net/comunicati/turismo/varie/488782.html PR Newswire Turismo PR Newswire Turismo

SWAFF Gathers Nations on the Threshold of a New Era for World Football

  [13-August-2018]  

JEDDAH, Saudi Arabia, August 13, 2018 /PRNewswire/ --

  • Dr. Adel Ezzat from the Saudi Arabia Football Federation is elected President of the newly created South West Asian Football Federation (SWAFF) 
  • Mr. Mohamed Shaweed from the Football Association of the Maldives is elected Senior Vice-President 

Presidents of football federations and associations from across South and West Asia met in Jeddah today to formally constitute the new South West Asian Football Federation (SWAFF).

     (Photo: https://mma.prnewswire.com/media/729562/SWAFF.jpg )

The first SWAFF General Assembly saw the election of officials to the Executive Board as well as the confirmation and approval of the organisation's statutes and regulations.

Dr. Adel Ezzat, President of the Saudi Arabia Football Federation, was elected as the first President of SWAFF. Dr. Ezzat will lead the federation as it begins delivering its vision for the growth of football in what is a new era for football in the region.

Commenting after the day's proceedings, the newly appointed President of SWAFF, Dr Adel Ezzat said, "Today is a landmark for football in the region as nations come together with a unified purpose to grow this great game from the grass roots up. It's well documented that Football is poised for significant growth across South and West Asia so we must harness the collective expertise and strengths of the member nations into a united force to seize this opportunity. SWAFF will help provide that focus, complementing the existing support provided by FIFA and the AFC.

Commenting on his election as Senior Vice President, Mr. Mohamed Shaweed, of the Football Association of the Maldives said: "I look forward to working with Dr. Adel Ezzat and the newly elected officials at SWAFF. Our region often lacks the facilities, coaching knowledge and competition structures that help the sport to thrive in more developed football nations. At SWAFF we will be working to change this pattern to support players of all ages, genders and levels of ability".

Elected as Vice President (South) was Mr. Subrata Dutta of the All India Football Federation and Vice President (West) was Mr. Abdullah Al Juneibi (United Arab Emirates Football Association).

The following candidates were also elected to positions on the Executive Board with one remaining position vacant to be decided at the next General Assembly:

  1. Ms. Mahfuza Akhter (Bangladesh Football Federation)
  2. Mr. Karma Tsering Sherpa (All Nepal Football Association)
  3. Mr. Anura de Silva (Football Federation of Sri Lanka)
  4. H.E. Shaikh Ali bin Khalifa Al Khalifah (Bahrain Football Association)
  5. Mr Fahad Al Hamlan (Kuwait Football Association)

Explaining the rationale for SWAFF, Dr. Adel Ezzat said, "In Saudi Arabia we are very passionate about our football. The sport unites us as a nation and it can connect us to our region and the world. If sport is a universal language then none is spoken more fluently than football. We want to work with our colleagues from across our region - from both South and West Asia - to grow the game we love. Football stands poised on the threshold of growth, SWAFF has been established as supporting infrastructure for this growth and Saudi Arabia will grow along with it. We are delighted to play our part".

Please Note: Video material relating to SWAFF and the preceding announcement can be found at: 

]]>
PRN: Michael Kors Launches Iconic Runway Watch As A New Smartwatch Mon, 13 Aug 2018 10:40:55 +0200 http://comunicati.net/comunicati/turismo/varie/488779.html http://comunicati.net/comunicati/turismo/varie/488779.html PR Newswire Turismo PR Newswire Turismo

Michael Kors Launches Iconic Runway Watch As A New Smartwatch

  [13-August-2018]  

NEW YORK, Aug. 13, 2018 /PRNewswire/ -- Michael Kors is pleased to announce the return of its iconic Runway watch as an innovative smartwatchâ€�”a fresh, eye-catching addition to the popular Michael Kors Access collection. In the next evolution of wearable technology, the Runway smartwatch offers a new highly personalized experience with heart-rate tracking, swimproof functionality, payment methods, untethered GPS and more. In addition to the three classic stainless steel platings, the brand is also introducing its first ever silicone-strap styles within the groupâ€�”perfect for the customer who wants a smartwatch that transitions from a workout to a night out with ease.

Michael Kors adds its iconic Runway style to its Access smartwatch collection, combining design and functionality for a highly personalized experience.

"I'm excited about adding our signature Runway style to our already exceptional lineup of smartwatches made in collaboration with Google to feature the latest wearable technology and the Google Assistant," says John D. Idol, Chairman and CEO of Michael Kors. "With the new features and benefits, Michael Kors Access smartwatches ensure that our customers can now be more connected than ever before."

"The last two generations of the MICHAEL KORS ACCESS collection have allowed users globally to express their personal style while staying in touch with the world around them," said Miles Barr, Director of Engineering for Wear OS by Google. "We're thrilled to partner again on the new Runway smartwatch and support Michael Kors' ongoing innovation in the wearables space."

Equipped for your every need, the Runway smartwatch features new digital dial designs that connect to and visually show your heart rate, making it easy to measure and track. Additionally, updates to the My Social appâ€�”a feature that allows users to showcase their Facebook and Instagram photos right on their watch dialsâ€�”will allow you to customize your social photo dials with Michael Kors-themed stickers.

Other exciting features include:

Heart Rate Tracking: Automatically track your heart rate across multiple types of workouts using Google Fit or third-party apps.
*Tic Health available in China.

Swimproof Functionality: Shower and swim (up to 3 ATM) seamlessly and track swim workouts through third-party apps.
*Mobvoi Store available in China; Google Play Store available in select countries.

Payment Technology: Make purchases via your NFC-enabled smartwatch using Google Pay.
*Alipay available in China. Google Pay available in select countries.

Untethered GPS: Leave your phone at home when going for a walk, hike, ride, or run with built-in GPS that records the distance right on your smartwatch.

Google Assistant on the Wrist: Ask the Google Assistant to help you manage daily tasks, get answers on the go and more.
*Mobvoi Assistant available in China; Google Assistant available in select languages.

Powered with Wear OS by Google™ and the Qualcomm® Snapdragon Wear™ 2100 SoC, the new Michael Kors Access Runway touchscreen smartwatch is compatible with both iPhone® and Android™ phones.

The Michael Kors Access Runway Fall 2018 Collection will be available in Michael Kors stores, online at www.michaelkors.com and from selected retailers worldwide in August 2018.

About Michael Kors

Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, MICHAEL Michael Kors and Michael Kors Mens, including accessories, ready-to-wear, footwear, wearable technology, watches, and a full line of fragrance products. Michael Kors stores are operated in the most prestigious cities in the world. In addition, Michael Kors operates digital flagships across North America, Europe and Asia, offering customers a seamless omni-channel experience. 

Forward-Looking Statements

This press release contains forward-looking statements. You should not place undue reliance on such statements because they are subject to numerous uncertainties and factors relating to the Company's operations and business environment, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as "may," "will," "should," "believe," "expect," "seek," "anticipate," "intend," "plan," "estimate" or similar expressions. The forward-looking statements contained in this press release are based on assumptions that the Company has made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under t! he circum stances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although the Company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking statements.

Smartwatches powered with Wear OS by Google™ are compatible with iPhone® and Android™ phones. Wear OS by Google and other related marks are trademarks of Google LLC. Touchscreen smartwatches powered with Wear OS by Google require a phone running Android OS 4.4+ (excluding Go edition) or iOS 9.3+. Supported features may vary between platforms.

Google, Wear OS by Google and Android are trademarks of Google LLC.

Qualcomm and Snapdragon Wear are trademarks of Qualcomm Incorporated.

iPhone is a trademark of Apple, Inc.

Alipay is a trademark of Alibaba Group Holding Limited

The Michael Kors Access collection continues to grow with its newest addition, the Runway Access Smartwatch, which features the latest Wear OS capabilities: heart-rate tracking, swimproof functionality, payment technology, untethered GPS and more.

Photo - https://mma.prnewswire.com/media/729354/Michael_Kors_Silver.jpg
Photo - https://mma.prnewswire.com/media/729359/Michael_Kors_Gold.jpg

]]>
PRN: The Adecco Group Survey Reveals Abrupt Fall in Flow of EU Nationals Into the UK Coincides With a Drop in the Quantity and Suitability of Job Applicants Being Reported by Employers Mon, 13 Aug 2018 10:11:09 +0200 http://comunicati.net/comunicati/turismo/varie/488777.html http://comunicati.net/comunicati/turismo/varie/488777.html PR Newswire Turismo PR Newswire Turismo

The Adecco Group Survey Reveals Abrupt Fall in Flow of EU Nationals Into the UK Coincides With a Drop in the Quantity and Suitability of Job Applicants Being Reported by Employers

  [13-August-2018]  

LONDON, August 13, 2018 /PRNewswire/ --

Pay rises set to stick at 2% for most workers, but the tightening labour market is boosting earnings of some key staff and new starters  

The latest quarterly Labour Market Outlook from the CIPD and The Adecco Group, based on a survey of 2,001 employers, shows that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite:

  • Demand for labour remains robust, but labour supply is failing to keep pace
  • Tightening labour market is feeding through to recruitment pressures. The number of applicants per vacancy has dropped across all roles (low, medium and high-skill) since summer 2017
  • New starters and key staff are more likely to be getting a salary increase. Wage growth for the wider workforce is set to remain at around 2% for the foreseeable future

During the past three months, the net employment balance - a measure of the difference between the proportion of employers who expect to increase staff levels and those who expect to decrease staff levels - has decreased slightly to +23 from +26 in Q3 2018. Employment growth looks set to be particularly strong among business services (+37), transport (+38) and construction (+38) firms. Looking at the regions, employment confidence is highest in the South West of England (+30) and London (+31) and lowest in the North East of England* (+10) and the West Midlands (+13), with Scotland matching the UK average of +23.

However, the strong demand for labour is finally increasing recruitment pressures for employers. This is because the growth in labour supply is failing to keep pace with labour demand, exacerbated by a 'supply shock' of far fewer EU nationals coming into the UK. According to the latest official data, the number of EU-born workers in the UK increased by just 7,000 between Q1 2017 and Q1 2018, compared with an increase of 148,000 from Q1 2016 to Q1 2017. This represents a fall of 95% and has fed into a tightening of the labour market, which is being seen through skills and labour shortages being reported by employers.

  • Employers received an average (median) of 20 applicants for the last low-skilled vacancy they tried to fill, compared with 24 candidates in summer 2017 and 25 candidates in autumn 2015.
  • On average, employers received an average (median) of 10 applicants for the last medium-skill vacancy they tried to fill, compared to 19 applicants in summer 2017 and 15 applicants in autumn 2015.
  • Employers received a median number of 6 applicants for the for the last high-skilled vacancy they tried to fill, compared with 8 applicants in summer 2017 and 8 applicants in autumn 2015
  • Among employers who currently have vacancies, two thirds (66%) report that at least some of their vacancies are proving hard-to-fill, higher than in Spring 2018 (61%) and Spring 2017 (56%).  Organisations with hard-to-fill vacancies report that the density of hard-to-fill vacancies is higher now (40%) in their organisation now compared with three months ago (30%)
  • Two in five employers (40%) report that it has become more difficult to fill vacancies over the past 12 months owing to a combination of fewer applicants and less suitable applicants in broadly equal measure

While demand for labour is continuing, median basic pay expectations in the 12 months to June 2019 remain at just 2%, and mean basic pay expectations have only risen slightly, from 2.1% to 2.2% in the last three months.

The squeeze on skills is having a clear impact on many employers' pay decisions. Half of organisations (53%) that have experienced increased difficulty recruiting staff during the past 12 months have increased starting salaries in response. A quarter (24%) have done so for the majority of vacancies, and a further quarter (28%) have done so for a minority of vacancies.

Among organisations that have experienced increased difficulty retaining staff over the past 12 months, just over half (55%) have increased salaries, with 30% raising salaries for the majority of staff and 25% doing so for key staff only. More than four in ten employers (42%) have not raised salaries at all in response to rising retention difficulties, highlighting the wider productivity challenges and cost pressures facing many organisations.

The CIPD is pointing to the UK's continued productivity crisis as a key factor behind employers' inability to raise wages across the workforce. Gerwyn Davies, senior labour market analyst for the CIPD, the professional body for HR and people development, comments: 

"The most recent official data shows that there has been a significant slowdown in the number of EU nationals coming to work in the UK over the last year. This is feeding into increasing recruitment and retention challenges, particularly for employers in sectors that have historically relied on non-UK labour to fill roles and which are particularly vulnerable to the prospect of future changes to immigration policy for EU migrants. With skills and labour shortages set to worsen further against the backdrop of rising talk of a 'no deal' outcome with the EU, the need for the Government to issue consistent, categorical assurances about the status of current and future EU citizens, whatever the outcome of the negotiations, is more important now than ever."

Davies continues: 

"Despite the declining unemployment rate, it seems that the downward pressure of persistently weak productivity growth is dominating any upward pressure on pay from labour and skills shortages. The battle for productivity growth and higher wages in the UK will be won or lost in our workplaces. Poor skills development, skills mismatches, lack of worker autonomy and inadequate management all have a significant impact on people's productivity at work, which affects organisational performance and employers' ability to increase wages. To help address this ongoing challenge, the Government needs to ensure its Industrial Strategy has a much greater emphasis on supporting improvements in leadership, people management capability and skills development, particularly through the provision of better support for small businesses at a sector and local level."

Alex Fleming, Country Head and President of Staffing and Solutions, The Adecco Group UK and Ireland, added: 

"With Brexit looming we're seeing a talent shortage and a more competitive marketplace. In this candidate-short landscape the pressure is on employers to not only offer an attractive salary, but also additional benefits. In today's environment employment benefits such as healthcare, a strong pension, flexible working and a collaborative and empowering work culture give employers a strong competitive advantage in attracting the best talent. Retention also remains key; it is imperative that employers develop and promote their staff so they don't fall short and feel the impact of the dwindling growth of the UK's talent pool. The recent falling net migration ONS figures for EU nationals arriving in the UK with no job offer is just another clear indication that it is time for employers to recognise their shortcomings in attracting new staff, and in retaining their current talent."

]]>
PRN: DINP-based Vinyl Flooring Plasticizer to Record Over 2x Sales Growth Than DEHP Counterparts, Slates Fact.MR Mon, 13 Aug 2018 10:10:38 +0200 http://comunicati.net/comunicati/turismo/varie/488776.html http://comunicati.net/comunicati/turismo/varie/488776.html PR Newswire Turismo PR Newswire Turismo

DINP-based Vinyl Flooring Plasticizer to Record Over 2x Sales Growth Than DEHP Counterparts, Slates Fact.MR

  [13-August-2018]  

ROCKVILLE, Maryland, August 13, 2018 /PRNewswire/ --

Vinyl flooring plasticizers, fast-emerging resilient flooring solution, are gaining widespread traction as cost-effective alternatives to natural flooring solutions. One of the largest categories that vinyl flooring plasticizers continue to take share from is carpet flooring in key price sensitive markets, such as multifamily housing, according to a recent Fact.MR study. The study projects the vinyl flooring plasticizers market to exhibit a modest 3.2% value CAGR through 2027.

     (Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg )

The study opines that phthalates will continue to lead the vinyl flooring plasticizers market, with over three-fourth share during the period of forecast, 2018 to 2027, in terms of both value and volume. Among phthalate variants, DEHP is forecast to hold higher volume share of the market, whereas volume sales of DINP will record over 2X rise than DEHP through 2027.

"Increasing health concerns and stringent government regulations have encouraged the adoption and demand for bio-plasticizers and non-phthalate-based plasticizers for use in vinyl flooring. End-users are seeking non-phthalates in a bid to ensure sustainability. Although widespread ban on phthalate-based vinyl flooring plasticizers has paved lucrative opportunities for their non-phthalate-based counterparts, higher cost associated with the latter has been impeding their market penetration to a certain extent. However, long-term benefits, such as achieving sustainability goals, and incontestable benefits associated with non-phthalates in terms of temperature and electrical performance, have meant that future prospects of these vinyl flooring plasticizers are likely to be promising," says a lead analyst at Fact.MR.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=1509

As transparency is become an imperative aspect in the green programs of flooring products manufacturers, their recycling and reclamation efforts are being shifted from the growing emphasis on environment sustainability. It has become incumbent for these manufacturers to play a significant role, not just in curtailing reliance on plastics, but also recapturing waste streams to create recycled products. These aims and efforts of manufacturers have led development and demand for polymer-based flooring solutions, such as vinyl flooring plasticizers.

Emergence of real hardwood flooring has been slackening the penetration pace of vinyl flooring, which can be mainly attributed to the trouble-free and quick installation procedure related to the former. Additionally, release of toxic substances during production of vinyl flooring plasticizers, which have adverse effects on reproductive and respiratory health, is considered to be a key growth deterrent of the vinyl flooring plasticizers market.

However, increased manufacturers efforts on improving the product quality, and robust investments in phthalate-free plasticizers are likely to offset aforementioned impediments. While unfavorable monetary support and regulatory compliance continue to hinder production and demand for vinyl flooring plasticizers in emerging nations, government backing on the residential construction activities, and infrastructure development efforts are likely to undergird the market growth.

To know the Latest Trends in Vinyl Flooring Plasticizers Market, Visit - https://www.factmr.com/report/1509/vinyl-flooring-plasticizers-market

Asia-Pacific (APAC) continues to remain the nesting place for manufacturing of vinyl flooring plasticizers, as the supply of DINP continues to remain tight in light of lower issues for producers in offloading this phthalate-based vinyl flooring plasticizers. Majority of the APAC's vinyl flooring plasticizers market will remain consolidated in China, complemented by steady demand from India and ASEAN countries.

As the traditionally peak demand trend approaches Asian and European nations, the market prices are likely to remain firm in the near future. Europe continues to prevail as the second most lucrative region for sales of the vinyl flooring plasticizers, led by Germany that accounts for over one-fourth share of the region's market currently. The vinyl flooring plasticizers market will witness a confined growth in the U.S., against the backdrop of relatively lesser buying appetite for imports compared to domestically produced material.

While raw material suppliers study the science of sustainable plasticizers, manufacturers have capitalized on new emerging technologies to develop products offering increased design flexibility, but reduced ecological impact. Major retailers are encouraging vendors to reformulate products toward less toxic and more sustainable profiles, ahead of government mandates.

To Buy Vinyl Flooring Plasticizers Market Report, visit- https://www.factmr.com/checkout/1509/S

About Fact.MR 

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com

Web: https://www.factmr.com/

]]>
PRN: Your Smartphone is Watching You: Dangerous Security Holes in Tracker Apps Mon, 13 Aug 2018 10:01:35 +0200 http://comunicati.net/comunicati/turismo/varie/488774.html http://comunicati.net/comunicati/turismo/varie/488774.html PR Newswire Turismo PR Newswire Turismo

Your Smartphone is Watching You: Dangerous Security Holes in Tracker Apps

  [13-August-2018]  

Fraunhofer scientists: Complete surveillance of smartphones possible. Millions of installations affected

DARMSTADT, Germany, Aug. 13, 2018 /PRNewswire/ -- Tracker apps provide a means for legitimate personal tracking, i.e. for parents to locate their children. Many tracker apps, however, contain serious security vulnerabilities. Scientists from the Fraunhofer Institute for Secure Information Technology have analyzed popular tracker apps available in the Google Play Store â€�“ the result: not even one of them was secure; all had serious security flaws. Attackers can exploit these vulnerabilities to generate movement profiles, to read chats and text messages, and to view pictures. A particularly precarious fact: attackers do not have to monitor each individual phone but can simultaneously attack millions of users, who have these apps installed on their smartphones. The researchers presented their results for the first time at the DEF CON Hacking Conference in Las Vegas on August 11.

Monitoring or tracker apps allow the consensual surveillance of smartphone users. For example, parents use such an app to monitor where their children are or which messages and pictures they post online. Using these apps is legal as long as the person under surveillance has agreed to it. Fraunhofer SIT scientists from the ethical hacking group TeamSIK have analyzed 19 legal tracker apps offered in the Google Play Store. According to Google, these apps have been installed several million times over. The scientists reviewed how the apps protect the highly sensitive user data they gather. The result: All apps showed severe vulnerabilities, not a single application was programmed with default security features in place. The researchers found 37 vulnerabilities in total.

Most apps store the highly sensitive data on a server in plain text, without any proper form of encryption. "We only had to open up a certain website and guess or enter a user name into the URL to retrieve an individual's movement profile," explains Fraunhofer head of project Siegfried Rasthofer. The vulnerabilities not only affected individual users. Instead, the researchers were able to read out complete movement profiles for all app users, all of which were stored unprotected on that server. "With this, thousands of people can be tracked in real-time," says Rasthofer. These apps allow attackers to retrieve metadata such as a person's whereabouts, and to read or view contents including SMS messages and images of the monitored app users. "It enables total surveillance," explains Stephan Huber, Fraunhofer SIT researcher and member of TeamSIK.

The scientists also succeeded in reading the app users' login information. Mostly, the apps used improper encryption or no encryption at all. In the backend of one app alone, the research team found 1.7 million valid login credentials that were freely accessible. The Fraunhofer researchers informed the app providers and Google Play Store team. Meanwhile, the Google Play Store team has deleted 12 of the 19 analyzed apps from the store. Notably, some app developers did not react to the team's vulnerability reports.

More information at https://team-sik.org/trent_portfolio/in-security-of-tracking-apps/ .

Contact: Oliver Küch, presse@sit.fraunhofer.de, +49-6151-86-92-13

 

]]>
PRN: UPDATE: HBX Launches Strategy Execution Program For Senior Executives Via HBX Live Classroom Mon, 13 Aug 2018 09:52:11 +0200 http://comunicati.net/comunicati/turismo/varie/488771.html http://comunicati.net/comunicati/turismo/varie/488771.html PR Newswire Turismo PR Newswire Turismo

HBX Launches Strategy Execution Program For Senior Executives Via HBX Live Classroom

  [13-August-2018]  

BOSTON, Aug. 13, 2018 /PRNewswire/ -- Harvard Business School's online initiative, HBX has launched a new program delivered through its HBX Live Classroom to help senior executives shape the future of their companies. The course, Strategy Execution, will be led by renowned Harvard Business School strategy professor Bharat Anand and former Danaher CEO and General Electric Director Larry Culp, who is now a senior lecturer at Harvard Business School.

"Execution is the holy grail of business strategy. We designed this program for executives tasked with crafting and implementing an actionable strategic plan," said Professor Anand, who is Senior Associate Dean and faculty chair of HBX. "We have created a unique program that combines thought leadership in strategy, and learnings from some of the most successful companies to engage interested leaders around the world. I am pleased to partner with Larry Culp, who brings his own incomparable credentials around strategy execution to our classroom."

The course will take place via the HBX Live platform, a real-time, interactive online classroom, that brings Harvard Business School's famed case method to life. Participants will analyze and immerse in case studies from industry-leading companies, such as Danaher and Apple, as well as apply the lessons around strategy formulation and implementation to their own particular business challenges.

"I'm delighted to partner with Bharat on this new HBX program," said Culp, "I'm looking forward to putting our experience to work to help other leaders create a playbook for success."

The 16-hour course will be held Wednesdays, Oct. 10, 17 and 24 and Nov. 7 from 7 p.m. to 11 p.m. ET. Each session will be divided into two back-to-back 90-minute sessions.

This program is designed for senior leaders responsible for creating and deploying strategies in companies across a wide range of industries and geographies. Suitable titles include chief executive officer, chief financial officer, chief operating officer, executive director, vice president, managing director, and general manager.

Space is limited in the program and applications will be accepted until Wednesday, Sept. 5. The program fee is $4,800.

ABOUT HBX

HBX, the digital learning initiative from Harvard Business School, was founded in 2014 with the mission of expanding the reach of the School by delivering high-quality online business education to learners around the world. HBX's programs are designed to deliver a case-based, active, and social learning experience in a highly engaging digital learning environment. Each program is designed and taught by leading HBS faculty who bring their expertise and passion to learners from around the globe.

ABOUT HARVARD BUSINESS SCHOOL

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 70 open enrollment Executive Education programs and 55 custom programs, and HBX, the School's digital learning platform. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who make a difference in the world, shaping the practice of business and entrepreneurship around the globe.

Copyright © President & Fellows of Harvard College.

CONTACT
Michele Reynolds
mreynolds@hbs.edu

 

Photo - https://mma.prnewswire.com/media/728806/HBX_Live_Bharat.jpg

 

]]>
PRN: Online Travel Booking Platform Market Will Grow at a CAGR of 11.1% During the Forecast Period 2018-2022: Radiant Insights, Inc. Mon, 13 Aug 2018 09:20:24 +0200 http://comunicati.net/comunicati/turismo/varie/488769.html http://comunicati.net/comunicati/turismo/varie/488769.html PR Newswire Turismo PR Newswire Turismo

Online Travel Booking Platform Market Will Grow at a CAGR of 11.1% During the Forecast Period 2018-2022: Radiant Insights, Inc.

  [13-August-2018]  

SAN FRANCISCO, August 13, 2018 /PRNewswire/ --

The Global Online Travel Booking Platform Market is estimated to develop at a substantial CAGR for the duration of the prediction. An important aspect motivating the development of the market is the growing diffusion of smartphone and internet. The speedy technical improvements have directed to the augmented diffusion of smartphone and internet all over the world in the previous period. Mobile phones perform an essential part in the worldwide market of online travel booking platform. The internet connectivity has turn out to be inevitability at offices, homebased, and in community spaces too. The safety associated with the online dealings is some of the most important encounters that limit the development of the worldwide market of online tra! vel booki ng platform. Yet, by means of improvements in the security qualifications and the growing number of specialized ethical hackers, the online transactions are becoming safe and widely held. The acceptance of online payment platforms has been growing above the previous a small number of years.

The Online Travel Booking Platform market on the source of Type of Booking Platform extends Tablets, Laptop PC, Desktop PC, and Mobile Phone. The global Online Travel Booking Platform Market on the source of Type extends Direct and Packages. As per the study by the market experts, the subdivision of packages will constitute the supreme development of the market. The Online Travel Booking Platform market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage of Online Travel Booking Platform in these areas, for the duration of the prediction could span North America, Europe, Asia-Pacific, Middle East & Africa, and South America. By means of area, Americas are the most important area in Online Travel Booking Platform ! Market. T he market experts have projected that nations in the area of Americas will back to the supreme development of this online travel booking market all over the forecasted period. By means of the upsurge in online services in diverse online travel booking websites, it estimated that this area would donate the most important stake in the market. The Americas held the uppermost stake of the worldwide market of online travel booking platform, in recent past year.

The statement revises Trades in terms of intake of Online Travel Booking in the global market; particularly in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. It concentrates on the topmost companies operating in these regions. Some of the important companies, operating in the field on the international basis are Thomas Cook, Ctrip.com International, Airbnb, Expedia Group, Booking Holdings. Global online travel booking platform market includes various online booking services such as travel, accommodation, experiences, reviews, and rental vehicles. Radiant Insights analysts forecast the global online travel booking platform market to grow at a CAGR of 11.1% during the period 2018-2022. The report covers the present! scenario and the growth prospects of the global online travel booking platform market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Access 102 page research report with TOC on "Online Travel Booking Platform Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-online-travel-booking-platform-market-2018-2022

The market is divided into the following segments based on geography: 

  • Americas
  • APAC
  • EMEA

Global Online Travel Booking Platform Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Airbnb
  • Booking Holdings
  • Ctrip.com International
  • Expedia Group
  • Thomas Cook

Market Driver

  • Increasing internet and smartphone penetration
  • For a full, detailed list, view our report

Market Challenge

  • Disruptions in travel demand
  • For a full, detailed list, view our report

Market Trend

  • Increasing adoption of online payment platforms
  • For a full, detailed list, view our report

Browse reports of similar category available with Radiant Insights, Inc.: 

About Radiant Insights, Inc.: 

At Radiant Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact:

Michelle Thoras.
Corporate Sales Specialist
Radiant Insights, Inc.
Phone: +1-415-349-0054
Toll Free: 1-888-928-9744
Email: sales@radiantinsights.com

Web: https://www.radiantinsights.com


]]>
PRN: The Stars Group Reports Second Quarter 2018 Results Mon, 13 Aug 2018 09:10:37 +0200 http://comunicati.net/comunicati/turismo/varie/488763.html http://comunicati.net/comunicati/turismo/varie/488763.html PR Newswire Turismo PR Newswire Turismo

The Stars Group Reports Second Quarter 2018 Results

  [13-August-2018]  

TORONTO, Aug. 13, 2018 /PRNewswire/ -- The Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) today reported its financial results for the second quarter ended June 30, 2018, updated its full year 2018 financial guidance, and provided certain additional highlights and updates. Unless otherwise noted, all dollar ($) amounts are in U.S. dollars.

"The Stars Group's quarterly results reflect both continued organic growth within our International business and the contributions of our Australian acquisitions," stated Rafi Ashkenazi, The Stars Group's Chief Executive Officer. "We continued enhancing our products and user experience across all verticals and executing on our cross-selling strategy."

"The continued emergence of our sports betting and casino offerings and the addition of our 2018 acquisitions have transformed our business and greatly enhanced the foundation and diversity of our consolidated revenue base, which will now be nearly equally split among verticals and roughly 75% locally regulated or taxed," said Mr. Ashkenazi.

"We are now focused on the next stage of our transformationâ€�”integration," concluded Mr. Ashkenazi. "While this will be a phased and measured process, we expect that it will prepare us to not only be a leader within the world's largest regulated markets but to also leverage the strength of our combined platform to take advantage of new opportunities and markets."

Second Quarter 2018 Consolidated Financial Summary



Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars

(except percentages and per share
amounts)


2018


2017


%
Change


2018


2017


%
Change

Total Revenue


411,512


305,305


34.8%


804,403


622,625


29.2%

Gross Profit


327,875


252,637


29.8%


640,502


507,496


26.2%

Operating Income


1,064


105,517


(99.0%)


114,930


216,403


(46.9%)

Net (Loss) Earnings


(154,824)


70,483


(319.7%)


(80,463)


136,236


(159.1%)

Adjusted Net Earnings ¹


131,023


114,028


14.9%


269,785


227,396


18.6%

Adjusted EBITDA ¹


168,270


146,539


14.8%


343,292


297,540


15.4%

Adjusted EBITDA Margin ¹


40.9%


48.0%


(14.8%)


42.7%


47.8%


(10.7%)

Diluted (loss) earnings per
Common Share ($/Share)


(1.01)


0.35


(388.6%)


(0.52)


0.67


(177.2%)

Adjusted Diluted Net Earnings per
Share ($/Share) ¹


0.60


0.56


7.1%


1.27


1.13


12.7%














Net cash flows from operating
activities


164,011


130,426


25.8%


296,080


225,973


31.0%

Free Cash Flow ¹


84,856


94,857


(10.5%)


167,115


159,722


4.6%

____________________________________
1 Non-IFRS measure. For important information on The Stars Group's non-IFRS measures, see below under "Non-IFRS Measures" and the tables under "Reconciliation of Non-IFRS Measures to Nearest IFRS Measures".

 

Second Quarter 2018 Segmented Financial Summary
International



Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars
(except otherwise noted)


2018


2017


%
Change


2018


2017


%
Change


Stakes


248,572


144,352


72.2%


471,557


287,448


64.0%


Betting Net Win Margin (%)


7.9%


6.1%


29.0%


7.7%


5.5%


39.7%














Revenue














Poker


216,986


202,897


6.9%


462,861


421,559


9.8%


Gaming


101,941


80,726


26.3%


208,651


160,488


30.0%


Betting


19,635


8,836


122.2%


36,321


15,853


129.1%


Other


11,673


12,846


(9.1%)


24,169


24,725


(2.2%)

Total Revenue


350,235


305,305


14.7%


732,002


622,625


17.6%














Gross Profit


281,076


252,637


11.3%


586,131


507,496


15.5%

Gross Profit Margin (%)


80.3%


82.7%


(3.0%)


80.1%


81.5%


(1.8%)














General and administrative


105,257


104,208


1.0%


208,581


190,338


9.6%

Sales and marketing


42,255


31,302


35.0%


87,226


65,290


33.6%

Research and development


8,358


5,383


55.3%


16,176


12,483


29.6%

Operating Income


125,206


111,744


12.0%


274,148


239,385


14.5%














Adjusted EBITDA ¹


164,317


145,828


12.7%


350,796


307,386


14.1%

Adjusted EBITDA Margin (%) ¹


46.9%


47.8%


(1.8%)


47.9%


49.4%


(2.9%)

 

Australia



Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars
(except otherwise noted)


2018


2017


%
Change


2018


2017


%
Change


Stakes


710,269


â€�”


100.0%


867,726


â€�”


100.0%


Betting Net Win Margin (%)


8.6%


â€�”


100.0%


8.3%


â€�”


100.0%














Revenue














Betting


61,277


â€�”


100.0%


72,401


â€�”


100.0%

Total Revenue


61,277


â€�”


100.0%


72,401


â€�”


100.0%














Gross Profit


46,799


â€�”


100.0%


54,371


â€�”


100.0%

Gross Profit Margin (%)


76.4%


â€�”


100.0%


75.1%


â€�”


100.0%














General and administrative


40,288


â€�”


100.0%


44,562


â€�”


100.0%

Sales and marketing


12,262


â€�”


100.0%


16,472


â€�”


100.0%

Research and development


768


â€�”


100.0%


984


â€�”


100.0%

Operating Loss


(6,519)


â€�”


(100.0%)


(7,647)


â€�”


(100.0%)














Adjusted EBITDA ¹


13,471


â€�”


100.0%


12,625


â€�”


100.0%

Adjusted EBITDA Margin (%) ¹


22.0%


â€�”


100.0%


17.4%


â€�”


100.0%

1 Non-IFRS measure. For important information on The Stars Group's non-IFRS measures, see below under "Non-IFRS Measures" and the tables under "Reconciliation of Non-IFRS Measures to Nearest IFRS Measures".

As a result of its previously announced Australian acquisitions and in anticipation of the future integration of Sky Betting & Gaming and potential future geographic expansion, The Stars Group revised the composition of its reporting segments and the manner in it reports its operating results as set forth above.  The Stars Group believes that the new presentation will better reflect its current and expected management and operational structure. The Stars Group previously had one reporting segment, gaming, with two major lines of operations, real-money online poker and combined real-money online casino and sportsbook. Given the timing of the recent acquisitions, this is now divided into two reporting segments, International and Australia, and four major lines of operations, Poker, Gaming, Betting and Other, as applicable. The International segment currently includes the business operations of The Stars Group's existing business prior t! o the Aus tralian acquisitions and Sky Betting & Gaming acquisition, and the Australia segment currently includes the business operations of CrownBet and William Hill Australia.

Second Quarter 2018 and Subsequent Financial Highlights

  • Consolidated Total Revenues â€�“ Revenues for the quarter increased 34.8% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, revenues for the quarter would have increased by 30.7%. Real-money online Poker, Gaming, and Betting revenues represented 52.7%, 24.8%, and 19.7% of revenues for the quarter, respectively.
  • Consolidated Adjusted EBITDA and Adjusted EBITDA Margin â€�“ Adjusted EBITDA for the quarter increased 14.8% year-over-year, primarily driven by increased gross profit from organic growth within the International segment. Adjusted EBITDA Margin for the quarter decreased 14.8% year-over-year, primarily driven by higher contribution from the Betting vertical within both the International and Australian segments.
  • Poker Revenues â€�“ Internationalâ€�“ Poker revenue for the quarter was $217.0 million, or an increase of approximately 6.9% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, Poker revenues for the quarter would have increased by 3.8%. The increase was primarily driven by the continued positive impact of the Stars Rewards loyalty program, foreign exchange fluctuations, and the introduction of shared poker liquidity in France and Spain in the first quarter and Portugal in the second quarter, as offset by, among other things, the cessation of operations in Australia in September 2017 and Colombia in July 2017, and continued negative operating conditions in Poland due to certain prior regulatory changes in that jurisdiction.
  • Gaming Revenues â€�“ International â€�“ Gaming revenue for the quarter was $101.9 million, or an increase of 26.3% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, Gaming revenues for the quarter would have increased by 21.0%. The increase was primarily the result of product and content improvements to PokerStars Casino, including the introduction of over 150 new casino games since the beginning of the year, foreign exchange fluctuations, and the launch of PokerStars Casino in certain new markets. This was partially offset by, among other things, continued negative operating conditions in Poland due to certain prior regulatory changes in that jurisdiction.
  • Betting Revenues - International â€�“ Betting revenue for the quarter were $19.6 million, or an increase of 122.2% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, Betting revenues for the quarter would have increased by 106.1%. The increase was primarily the result of increases in Stakes and Betting Net Win Margin. These increases were primarily driven by increased wagering activity due to product and content improvements to BetStars, the launch of BetStars in certain new markets, and the 2018 FIFA World Cup.
  • Consolidated Debt and Cash â€�“ The total principal amount owing on long-term debt outstanding at the end of the quarter was $2.73 billion with a weighted average interest rate of 4.9%. The Stars Group ended the second quarter of 2018 with approximately $1.05 billion in operational cash on its balance sheet. Following the end of the quarter, The Stars Group completed the Sky Betting & Gaming acquisition and incurred additional debt in connection with the same.

Second Quarter 2018 and Subsequent Operational Highlights

  • Quarterly Real-Money Active Uniques (QAUs) â€�“ Internationalâ€�“QAUs were 2.02 million, which represents a decrease of 5.2% year-over-year. This decrease was primarily the result of The Stars Group's continued strategy of focusing on high-value customers (primarily recreational players), the cessation of online poker operations in Australia and Colombia, and an impaired market in Poland, as offset by the growth and expansion of the casino and betting product offerings. Approximately 1.86 million of such QAUs played online poker during the quarter, a decrease of approximately 7.3% year-over-year, while The Stars Group's online casino offerings had approximately 0.6 million QAUs, an increase of 11.4% year-over-year. The Stars Group's BetStars had approximately 0.2 million QAUs, a 78.3% increase year-over-year.
  • Quarterly Net Yield (QNY) â€�“ International â€�“ QNY was $167, an increase of 21.9% year-over-year, and QNY excluding the impact of year-over-year changes in foreign exchange rates was $161, an increase of 17.5% year-over-year. QNY is a non-IFRS measure.
  • Net Deposits â€�“ International â€�“ Net Deposits were $322 million, an increase of 19.3% year-over-year. The increase was primarily driven by the implementation of the Stars Rewards loyalty program and continued focus on high-value customers (primarily recreational players), foreign exchange fluctuations and continued development of the casino and betting product offerings.
  • Stakes and Betting Net Win Margin â€�“ International â€�“ Stakes were $248.6 million, an increase of 72.2% year-over-year, and Betting Net Win Margin was 7.9%, an increase of 1.8 percentage points year-over-year. The increases in the quarter were primarily due to product and content improvements to BetStars driving incremental QAUs, the launch of BetStars in certain new markets, and the World Cup.
  • CrownBet and William Hill Australia â€�“ On April 24, 2018, The Stars Group increased its equity interest in CrownBet from 62% to 80% and CrownBet acquired William Hill Australia. The aggregate purchase price under the agreements for these transactions was $435 million (inclusive of $117.7 million to acquire the previously announced 62% equity interest in CrownBet in February 2017), which was paid in a combination of cash and the issuance of approximately 3.1 million newly-issued common shares. As part of the purchase of the additional 18% equity interest in CrownBet, the management team of CrownBet is entitled to an additional payment of up to $182 million in 2020 subject to certain performance conditions and payable in cash, additional common shares or a combination thereof, at The Stars Group's discreti! on.
  • U.S. Sports Betting â€�“ On May 14, 2018, the United States Supreme Court struck down, as an unconstitutional exercise of federal power, the nearly 30-year ban on sports betting under the Professional and Amateur Sports Protection Act. The Stars Group believes that the decision by the Court is an important step forward in the regulation of sports betting in the United States and that it is well-positioned to take advantage of any new business and market opportunities as they develop. Currently, more than 20 states have either existing sports betting laws or have pending legislation to legalize or study sports betting. On August 2, 2018, The Stars Group and Resorts Casino Hotel announced the extension of their existing partnership in the New Jersey regulated online gaming market to include online and mobile sports wagering through the Be! tStars br and alongside the already existing online poker and casino offering available through the PokerStarsNJ brand. On August 10, 2018, The Stars Group and Mount Airy Casino Resort announced a partnership to enter Pennsylvania's online sports wagering and gaming market, where The Stars Group will offer to customers in Pennsylvania its online poker, casino (including slots and tables) and sports wagering products.
  • Sky Betting & Gaming â€�“ On July 10, 2018, The Stars Group completed the Sky Betting & Gaming acquisition. The aggregate purchase price under the transaction agreements was $4.7 billion, of which $3.6 billion was paid in cash and the remainder was paid through the issuance of approximately 37.9 million newly issued common shares. To finance the cash portion of the purchase price, repay the existing first lien term loans and repay Sky Betting & Gaming's existing long-term debt, The Stars Group used cash on its balance sheet and raised $4.567 billion in first lien term loans, $1.00 billion in senior notes and $621.8 million of net proceeds (before expenses and excluding the overallotment option, which was exercised in full by the underwriters at the end of July) from the i! ssuance o f additional common shares in a public equity offering. The Stars Group also obtained a new revolving credit facility of $700.0 million of which it had drawn $100.0 million as of completion of the acquisition.
  • Preferred Shares â€�“ On July 18, 2018, The Stars Group completed the previously announced mandatory conversion of all of its issued and outstanding convertible preferred shares as of such date and issued approximately 52 million common shares to the holders thereof.

2018 Full Year Guidance

  • Full Year Guidance â€�“ The Stars Group is updating its 2018 full year financial guidance ranges on a consolidated basis to reflect expected partial year contributions from the Australian acquisitions and the Sky Betting & Gaming acquisition and the impact from changes in The Stars Group's capital structure as a result of such acquisitions, including increases in The Stars Group's long-term debt outstanding and number of common shares issued and outstanding:
    • Revenues of between $1.995 and $2.145 billion, as compared to between $1.390 and $1.470 billion;
    • Adjusted EBITDA of between $755 and $810 million, as compared to between $625 and $650 million;
    • Adjusted Net Earnings of between $485 and $545 million, as compared to between $487 and $512 million;
    • Adjusted Diluted Net Earnings per Share of between $1.99 and $2.22, as compared to between $2.33 and $2.471; and
    • Capital Expenditures of between $110 million and $150 million.

These unaudited expected results reflect management's view of current and future market and business conditions, including assumptions of (i) expected Betting Net Win Margin of between 8.0% and 10.5%, (ii) continued negative operating conditions in Poland and potential negative operating conditions in Russia resulting from prior regulatory changes, including constraints on payment processing, (iii) no other material regulatory events or investments associated with the entry into new markets, (iv) no impact from the gaming advertising ban in Italy, and (v) no material foreign currency exchange rate fluctuations, particularly against the Euro, Great Britain pound sterling and Australian dollar. Such guidance is also based on a Euro to U.S. dollar exchange rate of 1.17 to 1.00 as compared to 1.20 to 1.00, a Great Britai! n pound sterling to U.S. dollar exchange rate of 1.32 to 1.00 and an Australian dollar to U.S. dollar exchange rate of 0.74 to 1.00, Diluted Shares of between 241,000,000 and 243,000,000 for the high and low ends of the Adjusted Diluted Net Earnings per Share range, respectively, as compared to between 207,000,000 and 209,000,000, respectively, and certain accounting assumptions.

Capital Expenditures include estimated spend on intangible assets, property, plant and equipment and certain development costs.

Financial Statements, Management's Discussion and Analysis and Additional Information

The Stars Group's unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2018 (the "Q2 2018 Financial Statements"), management's discussion and analysis thereon (the "Q2 2018 MD&A"), as well as additional information relating to The Stars Group and its business, can be found on SEDAR at www.sedar.com, Edgar at www.sec.gov and The Stars Group's website at www.starsgroup.com. The financial information presented in this news releases was derived from the Q2 2018 Financial Statements.

In addition to press releases, securities filings and public conference calls and webcasts, The Stars Group intends to use its investor relations page on its website as a means of disclosing material information to its investors and others and for complying with its disclosure obligations under applicable securities laws. Accordingly, investors and others should monitor the website in addition to following The Stars Group's press releases, securities filings and public conference calls and webcasts. This list may be updated from time to time.

Conference Call and Webcast

The Stars Group will host a conference call today, August 13, 2018 at 8:30 a.m. ET to discuss its financial results for the second quarter ended 2018 and related matters. To access via tele-conference, please dial +1 877-451-6152 or +1 201-389-0879 ten minutes prior to the scheduled start of the call. The playback will be made available two hours after the event at +1 844-512-2921 or +1 412-317-6671. The Conference ID number is 13682288. To access the webcast please use the following link: http://public.viavid.com/index.php?id=130894

Reconciliation of Non-IFRS Measures to Nearest IFRS Measures

The tables below present reconciliations of Adjusted EBITDA, Adjusted Net Earnings and Adjusted Diluted Net Earnings per Share to net (loss) earnings, which is the nearest IFRS measure:



Three Months Ended June 30, 2018

In thousands of U.S. Dollars
(except per share amounts)


International


Australia


Corporate


Consolidated

Net earnings (loss)


126,274


(6,519)


(274,579)


(154,824)










Income tax recovery


â€�”


â€�”


3,404


3,404

Net financing charges


â€�”


â€�”


(160,360)


(160,360)

Net earnings from associates


1,068


â€�”


â€�”


1,068










Operating income (loss)


125,206


(6,519)


(117,623)


1,064










Depreciation and amortization


35,987


8,588


10


44,585

Add (deduct) the impact of the following:










Acquisition-related costs and deal
contingent forwards


â€�”


â€�”


95,627


95,627


Stock based compensation


â€�”


â€�”


3,265


3,265


(Gain) loss from investments and
associates


(270)


5


â€�”


(265)


Impairment of intangibles assets and
assets held for sale


958


â€�”


â€�”


958


Other costs


2,436


11,397


9,203


23,036

Total adjusting items


3,124


11,402


108,095


122,621










Adjusted EBITDA


164,317


13,471


(9,518)


168,270



Six Months Ended June 30, 2018

In thousands of U.S. Dollars
(except per share amounts)


International


Australia


Corporate


Consolidated

Net earnings (loss)


275,216


(7,647)


(348,032)


(80,463)










Income tax recovery


â€�”


â€�”


2,249


2,249

Net financing charges


â€�”


â€�”


(198,710)


(198,710)

Net earnings from associates


1,068


â€�”


â€�”


1,068










Operating income (loss)


274,148


(7,647)


(151,571)


114,930










Depreciation and amortization


73,956


9,868


19


83,843

Add (deduct) the impact of the following:










Acquisition-related costs and deal
contingent forwards


â€�”


â€�”


110,818


110,818


Stock based compensation


â€�”


â€�”


5,649


5,649


Loss from investments and associates


247


â€�”


â€�”


247


Impairment of intangibles assets and
assets held for sale


1,074


â€�”


â€�”


1,074


Other costs


1,371


10,404


14,956


26,731

Total adjusting items


2,692


10,404


131,423


144,519










Adjusted EBITDA


350,796


12,625


(20,129)


343,292

 

 



Three Months Ended June 30, 2017

In thousands of U.S. Dollars
(except per share amounts)


International


Australia


Corporate


Consolidated

Net earnings (loss)


111,744


â€�”


(41,261)


70,483










Income tax recovery


â€�”


â€�”


4,018


4,018

Net financing charges


â€�”


â€�”


(39,052)


(39,052)










Operating income (loss)


111,744


â€�”


(6,227)


105,517










Depreciation and amortization


36,530


â€�”


70


36,600

Add (deduct) the impact of the following:










Stock based compensation


â€�”


â€�”


2,452


2,452


(Gain) loss from investments


(8,452)


â€�”


12,944


4,492


Reversal of impairment of intangibles assets
and assets held for sale


(629)


â€�”


â€�”


(629)


Other costs (income)


6,635


â€�”


(8,528)


(1,893)

Total adjusting items


(2,446)


â€�”


6,868


4,422










Adjusted EBITDA


145,828


â€�”


711


146,539



Six Months Ended June 30, 2017

In thousands of U.S. Dollars
(except per share amounts)


International


Australia


Corporate


Consolidated

Net earnings (loss)


239,385


â€�”


(103,149)


136,236










Income tax recovery


â€�”


â€�”


1,330


1,330

Net financing charges


â€�”


â€�”


(81,497)


(81,497)










Operating income (loss)


239,385


â€�”


(22,982)


216,403










Depreciation and amortization


72,188


â€�”


147


72,335

Add (deduct) the impact of the following:










Stock based compensation


â€�”


â€�”


4,616


4,616


(Gain) loss from investments


(8,572)


â€�”


13,217


4,645


Reversal of impairment of intangibles assets
and assets held for sale


(5,043)


â€�”


(2,268)


(7,311)


Other costs (income)


9,428


â€�”


(2,576)


6,852

Total adjusting items


(4,187)


â€�”


12,989


8,802










Adjusted EBITDA


307,386


â€�”


(9,846)


297,540

 



Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars (except per share amounts)


2018


2017


2018


2017

Net (loss) earnings


(154,824)


70,483


(80,463)


136,236

Add (deduct) the impact of the following:










Interest accretion


12,726


12,147


24,777


24,940


Loss on debt extinguishment


124,976


â€�”


124,976


â€�”


Acquisition-related costs and deal contingent forwards


95,627


â€�”


110,818


â€�”


Amortization of acquisition intangibles


31,482


31,075


62,858


62,150


Deferred income tax recovery


(4,890)


(4,098)


(5,814)


(4,732)


Stock based compensation


3,265


2,452


5,649


4,616


(Gain) loss from investments and associates


(1,333)


4,491


(821)


4,645


Impairment (reversal of impairment) of intangibles assets
and assets held for sale


958


(629)


1,074


(7,311)


Other costs (income)


23,036


(1,893)


26,731


6,852

Adjusted net earnings


131,023


114,028


269,785


227,396

Adjusted net earnings attributable to









Shareholders of The Stars Group Inc.


129,237


114,028


269,469


227,396

Non-controlling interest


1,786


â€�”


316


â€�”



â€�”


â€�”


â€�”


â€�”

Weighted average diluted number of shares


215,380,175


203,467,303


212,449,078


201,969,186

Adjusted Diluted Net Earnings per Share attributable
to Shareholders of The Stars Group Inc


0.60


0.56


1.27


1.13

The table below presents certain items comprising "Other costs" in the reconciliation tables above:



Three Months Ended June 30,


Six Months Ended June 30,



2018


2017


2018


2017

In thousands of U.S. Dollars


$000's


$000's


$000's


$000's

Integration costs


11,467


â€�”


11,467


â€�”

Financial expenses (income)


4,370


(6,622)


2,049


(9,066)

Termination of employment agreements


1,387


682


2,058


2,808

AMF and other investigation professional fees


2,875


2,764


4,659


5,153

Lobbying (US and Non-US) and other
legal expenses


2,665


4,598


5,658


9,318

Non-recurring professional fees


102


842


553


1,504

Retention bonuses


117


615


234


1,230

Loss on disposal of assets


41


202


41


261

Austria gaming duty


â€�”


(5,000)


â€�”


(5,000)

Termination of affiliate agreements


â€�”


â€�”


â€�”


407

Other


12


26


12


237

Other costs


23,036


(1,893)


26,731


6,852

The table below presents a reconciliation of Free Cash Flow to net cash flows from operating activities, which is the nearest IFRS measure:



Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars


2018


2017


2018


2017

Net cash inflows from operating activities


164,011


130,426


296,080


225,973

Customer deposit liability movement


(14,090)


9,053


(13,901)


25,282



149,921


139,479


282,179


251,255

Capital Expenditure:










Additions to deferred development costs


(9,759)


(6,013)


(16,190)


(10,426)


Additions to property and equipment


(5,676)


(1,398)


(9,261)


(2,254)


Additions to intangible assets


(9,415)


(212)


(11,842)


(919)

Interest paid


(34,790)


(31,017)


(66,278)


(65,064)

Debt principal repayments


(5,425)


(5,982)


(11,493)


(12,870)

Free Cash Flow


84,856


94,857


167,115


159,722

The Stars Group has not provided a reconciliation of the non-IFRS measures to the nearest IFRS measures included in its full year 2018 financial guidance provided in this news release, including Adjusted EBITDA, Adjusted Net Earnings and Adjusted Diluted Net Earnings per Share, because certain reconciling items necessary to accurately project such IFRS measures, particularly net earnings (loss), cannot be reasonably projected due to a number of factors, including variability from potential foreign exchange fluctuations impacting financial expenses, and the nature of other non-recurring or one-time costs (which are excluded from non-IFRS measures but included in net earnings (loss)), as well as the typical variability arising from the audit of annual financial statements, including, without limitation, certain income tax provision accounting, and related accounting matters.

For additional information on The Stars Group's non-IFRS measures, see below and the Q2 2018 MD&A, including under the headings "Management's Discussion and Analysis", "Limitations of Key Metrics, Other Data and Non-IFRS Measures" and "Key Metrics and Non-IFRS Measures".

About The Stars Group

The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings.  The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEast, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Hold'em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world's most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 19 jur! isdiction s throughout the world, including in Europe, Australia, and the Americas. The Stars Group's vision is to become the world's favorite iGaming destination and its mission is to provide its customers with winning moments.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements and information within the meaning of the Private Securities Litigation Reform Act of 1995 and applicable securities laws, including, without limitation, certain financial and operational expectations and projections, such as full year 2018 financial guidance, and certain future operational and growth plans and strategies, including as it relates to certain recently announced acquisitions. Forward-looking statements and information can, but may not always, be identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "would", "should", "believe", "objective", "ongoing", "imply", "assumes", "goal", "likely" and similar references to future periods or the negatives of these words or variations or synonyms of these words or comparable terminology and similar expressions. These statements a! nd inform ation, other than statements of historical fact, are based on management's current expectations and are subject to a number of risks, uncertainties, and assumptions, including market and economic conditions, business prospects or opportunities, future plans and strategies, projections, technological developments, anticipated events and trends and regulatory changes that affect The Stars Group, its subsidiaries, and its and their respective customers and industries. Although The Stars Group and management believe the expectations reflected in such forward-looking statements and information are reasonable and are based on reasonable assumptions and estimates as of the date hereof, there can be no assurance that these assumptions or estimates are accurate or that any of these expectations will prove accurate. Forward-looking statements are inherently subject to significant business, regulatory, economic and competitive risks, uncertainties and contingencies that could cause ac! tual even ts to differ materially from those expressed or implied in such statements. Specific risks and uncertainties include, but are not limited to: the heavily regulated industry in which The Stars Group carries on its business; risks associated with interactive entertainment and online and mobile gaming generally; current and future laws or regulations and new interpretations of existing laws or regulations, or potential prohibitions, with respect to interactive entertainment or online gaming or activities related to or necessary for the operation and offering of online gaming; potential changes to the gaming regulatory framework; legal and regulatory requirements; ability to obtain, maintain and comply with all applicable and required licenses, permits and certifications to offer, operate and market its product offerings, including difficulties or delays in the same; significant barriers to entry; competition and the competitive environment within addressable markets and indust! ries; imp act of inability to complete future or announced acquisitions or to integrate businesses successfully; The Stars Group's substantial indebtedness requires that it use a significant portion of its cash flow to make debt service payments; The Stars Group's secured credit facilities contain covenants and other restrictions that may limit its flexibility in operating its business; risks associated with advancements in technology, including artificial intelligence; ability to develop and enhance existing product offerings and new commercially viable product offerings; ability to mitigate foreign exchange and currency risks; ability to mitigate tax risks and adverse tax consequences, including, without limitation, the imposition of new or additional taxes, such as value-added and point of consumption taxes, and gaming duties; The Stars Group's exposure to greater than anticipated tax liability; risks of foreign operations generally; protection of proprietary technology and intell! ectual pr operty rights; ability to recruit and retain management and other qualified personnel, including key technical, sales and marketing personnel; defects in product offerings; losses due to fraudulent activities; management of growth; contract awards; potential financial opportunities in addressable markets and with respect to individual contracts; ability of technology infrastructure to meet applicable demand and reliance on online and mobile telecommunications operators; systems, networks, telecommunications or service disruptions or failures or cyber-attacks and failure to protect customer data, including personal and financial information; regulations and laws that may be adopted with respect to the Internet and electronic commerce or that may otherwise impact The Stars Group in the jurisdictions where it is currently doing business or intends to do business, particularly those related to online gaming or that could impact the ability to provide online product offerings, i! ncluding, without limitation, as it relates to payment processing; ability to obtain additional financing or to complete any refinancing on reasonable terms or at all; customer and operator preferences and changes in the economy; dependency on customers' acceptance of its product offerings; consolidation within the gaming industry; litigation costs and outcomes; expansion within existing and into new markets; relationships with vendors and distributors; and natural events; contractual relationships of Sky Betting & Gaming or The Stars Group with Sky plc and/or its subsidiaries; counterparty risks; failure of systems and controls of The Stars Group to restrict access to its products; reliance on scheduling and live broadcasting of major sporting events; macroeconomic conditions and trends in the gaming and betting industry; bookmaking risks; an ability to realize projected financial increases attributable to acquisitions and The Stars Group's business strategies; and an ability t! o realize all or any of The Stars Group's estimated synergies and cost savings in connection with acquisitions. Other applicable risks and uncertainties include, but are not limited to, those identified in The Stars Group's annual information form for the year ended December 31, 2017, including under the heading "Risk Factors and Uncertainties", in The Stars Group's prospectus supplement dated June 21, 2018 to the short form base shelf prospectus dated January 16, 2018 under the heading "Risk Factors", and in the Q2 2018 MD&A, including under the headings "Risk Factors and Uncertainties", "Limitations of Key Metrics, Other Data and Non-IFRS Measures" and "Key Metrics and Non-IFRS Measures", each available on SEDAR at www.sedar.com, EDGAR at www.sec.gov and The Stars Group's web! site at < a target="_blank" href="http://www.starsgroup.com/" rel="nofollow">www.starsgroup.com, and in other filings that The Stars Group has made and may make with applicable securities authorities in the future. Investors are cautioned not to put undue reliance on forward-looking statements or information. Any forward-looking statement or information speaks only as of the date hereof, and The Stars Group undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Non-IFRS Measures

This news release references non-IFRS financial measures, including QNY, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Earnings, Adjusted Diluted Net Earnings per Share, and Free Cash Flow. The Stars Group believes these non-IFRS financial measures will provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating The Stars Group, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. They are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS. These measures may be diffe! rent from non-IFRS financial measures used by other companies, limiting its usefulness for comparison purposes. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on The Stars Group's operating results. In addition to QNY, which is defined below under "Key Metrics and Other Data", The Stars Group provides the following non-IFRS measures in this news release:

Adjusted EBITDA means net earnings before financial expenses, income taxes expense (recovery), depreciation and amortization, stock-based compensation, restructuring, net earnings (loss) on associate and certain other items as set out in the reconciliation tables under "Reconciliation of Non-IFRS Measures to Nearest IFRS Measures" above.

Adjusted EBITDA Margin means Adjusted EBITDA as a proportion of total revenue.

Adjusted Net Earnings means net earnings before interest accretion, amortization of intangible assets resulting from purchase price allocations following acquisitions, deferred income taxes, stock-based compensation, restructuring and certain other items as set out in the reconciliation tables under "Reconciliation of Non-IFRS Measures to Nearest IFRS Measures" above.

Adjusted Diluted Net Earnings per Share means Adjusted Net Earnings attributable to the Shareholders of The Stars Group Inc. divided by Diluted Shares. Diluted Shares means the weighted average number of Common Shares on a fully diluted basis, including options, other equity-based awards, warrants and the Preferred Shares. The effects of anti-dilutive potential Common Shares are ignored in calculating Diluted Shares. Diluted Shares used in the calculation of diluted earnings per share may differ from diluted shares used in the calculation of Adjusted Diluted Net Earnings per Share where the dilutive effects of the potential Common Shares differ. See note 7 in the Q2 2018 Financial Statements. For the three and six months ended June 30, 2018, Diluted Shares used for the calculation of Adjusted Diluted Net Earnings per Share equaled 215,380,175 and 212,449,178, respectively, compared with 203,467,303 and 201,969,186 for the same perio! ds in 201 7. For the purposes of the full year 2018 financial guidance provided in this news release, Diluted Shares equals between 241,000,000 and 243,000,000 for the high and low ends of the Adjusted Net Earnings per Diluted Share range, respectively.

Free Cash Flow means net cash flows from operating activities after adding back customer deposit liability movements, and after capital expenditures and debt servicing cash flows (excluding voluntary prepayments). The Stars Group believes that removing movements in customer deposit liabilities provides a more meaningful understanding of its free cash flows as customer deposits are not available funds for The Stars Group to use for financial or operational purposes.

To calculate revenue on a constant currency basis, The Stars Group translated revenue for the three and six months ended June 30, 2018 using the prior year's monthly exchange rates for its local currencies other than the U.S. dollar, which The Stars Group believes is a useful metric that facilitates comparison to its historical performance.

For additional information on The Stars Group's non-IFRS measures, see the Q2 2018 MD&A, including under the headings "Management's Discussion and Analysis", "Limitations of Key Metrics, Other Data and Non-IFRS Measures" and "Key Metrics and Non-IFRS Measures".

Key Metrics and Other Data

The Stars Group provides the following key metrics in this news release:

QAUs means as active unique customers (online, mobile and desktop client) who (i) made a deposit or transferred funds into their real-money account with The Stars Group at any time, and (ii) generated real-money online rake or placed a real-money online bet or wager on during the applicable quarterly period. The Stars Group defines unique as a customer who played or used one of its real-money offerings at least once during the period, and excludes duplicate counting, even if that customer is active across multiple lines of operation (Poker, Gaming and/or Betting, as applicable). The definition of QAUs excludes customer activity from certain low-stakes, non-raked real-money poker games, but includes real-money activity by customers using funds (cash and cash equivalents) deposited by The Stars Group into such customers' previously funded accounts as promotions to increase their lifetime value.

QNY means combined revenue for its lines of operation (i.e., Poker, Gaming and/or Betting), excluding Other revenues, as reported during the applicable quarterly period (or as adjusted to the extent any accounting reallocations are made in later periods) divided by the total QAUs during the same period. The Stars Group provides QNY on a U.S. dollar and constant currency basis. QNY is a non-IFRS measure.

Net Deposits means the aggregate of gross deposits or transfer of funds made by customers into their real-money online accounts less withdrawals or transfer of funds by such customers from such accounts, in each case during the applicable quarterly period. Gross deposits exclude (i) any deposits, transfers or other payments made by such customers into The Stars Group's play-money and social gaming offerings, and (ii) any real-money funds (cash and cash equivalents) deposited by The Stars Group into such customers' previously funded accounts as promotions to increase their lifetime value.

Stakes means betting amounts wagered on The Stars Group's applicable online betting product offerings, and is also an industry term that represents the aggregate amount of funds wagered by customers within the Betting line of operation for the period specified.

Betting Net Win Margin is calculated as Betting revenue as a proportion of Stakes.

The Stars Group is in the process of the integration and migration of customers and platforms with respect to the Australian acquisitions and once complete, The Stars Group intends to report certain key metrics for the Australia segment in addition to Stakes and Betting Net Margin.

For additional information on The Stars Group's key metrics and other data, see the Q2 2018 MD&A, including under the headings "Limitations of Key Metrics, Other Data and Non-IFRS Measures", "Key Metrics and Non-IFRS Measures" and "Segment Results of Operations".

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

 


Three Months Ended June 30,


Six Months Ended June 30,

In thousands of U.S. Dollars
(except per share amounts)


2018


2017


2018


2017

Revenues


411,512



305,305



804,403



622,625

Cost of revenue


(83,637)



(52,668)



(163,901)



(115,129)

Gross profit


327,875



252,637



640,502



507,496

General and administrative


(262,786)



(110,395)



(404,093)



(213,250)

Sales and marketing


(54,899)



(31,342)



(104,319)



(65,360)

Research and development


(9,126)



(5,383)



(17,160)



(12,483)

Operating income


1,064



105,517



114,930



216,403

Net financing charges


(160,360)



(39,052)



(198,710)



(81,497)

Net earnings from  associates


1,068



â€�”



1,068



â€�”

(Loss) earnings before income taxes


(158,228)



66,465



(82,712)



134,906

Income tax recovery


3,404



4,018



2,249



1,330

Net (loss) earnings


(154,824)



70,483



(80,463)



136,236

Net (loss) earnings attributable to













Shareholders of The Stars Group Inc.





(153,645)



70,494



(78,194)



135,905


Non-controlling interest


(1,179)



(11)



(2,269)



331

Net (loss) earnings


(154,824)



70,483



(80,463)



136,236

(Loss) earnings per Common Share
(U.S. dollars)













Basic

$

(1.01)


$

0.48


$

(0.52)


$

0.93


Diluted

$

(1.01)


$

0.35


$

(0.52)


$

0.67

Weighted Average Common Shares
Outstanding (thousands)













Basic


152,788



146,703



150,523



146,136

 

 

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION





As at June 30,



As at December 31,

In thousands of U.S. Dollars




2018



2017

ASSETS










Current assets











Cash and cash equivalents - operational





1,052,146




283,225


Cash and cash equivalents - customer deposits





274,862




227,098

Total cash and cash equivalents





1,327,008




510,323

Restricted cash advances and collateral





12,077




7,862

Prepaid expenses and other current assets





32,058




29,695

Current investments - customer deposits





106,074




122,668

Accounts receivable





96,071




100,409

Income tax receivable





16,161




16,540

Derivatives





-




2,037

Total current assets





1,589,449




789,534

Non-current assets










Restricted cash advances and collateral





45,739




45,834

Prepaid expenses and other non-current assets





29,892




26,551

Non-current accounts receivable





12,472




11,818

Property and equipment





54,405




44,837

Income tax receivable





19,013




14,061

Deferred income taxes





6,110




5,141

Goodwill and intangible assets





4,950,655




4,477,350

Total non-current assets





5,118,286




4,625,592

Total assets





6,707,735




5,415,126

LIABILITIES










Current liabilities










Accounts payable and other liabilities





265,439




194,187

Customer deposits





380,936




349,766

Current provisions





22,227




17,590

Derivatives





60,347




â€�”

Income tax payable





71,881




35,941

Due to related party





926




â€�”

Current portion of long-term debt





21,700




4,990

Total current liabilities





823,456




602,474

Non-current liabilities










Long-term debt





2,705,179




2,353,579

Long-term provisions





3,145




3,093

Derivatives





61,868




111,762

Other long-term liabilities





88,777




â€�”

Due to related party





35,124




â€�”

Income tax payable





6,676




24,277

Deferred income taxes





105,098




16,510

Total non-current liabilities





3,005,867




2,509,221

Total liabilities





3,829,323




3,111,695

EQUITY










Share capital





2,644,866




1,884,219

Reserves





(336,980)




(142,340)

Retained earnings





527,019




561,519

Equity attributable to the
Shareholders of The Stars Group Inc.





2,834,905




2,303,398

Non-controlling interest





43,507




33

Total equity





2,878,412




2,303,431

Total liabilities and equity





6,707,735




5,415,126

 

 

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS



Six Months Ended June 30,

In thousands of U.S. Dollars


2018



2017

Operating activities








Net (loss) earnings



(80,463)




136,236

Add (deduct):








Income taxes recognized in net earnings



(2,249)




(1,330)

Net financing charges



198,710




81,638

Depreciation and amortization



83,843




72,335

Unrealized loss (gain) on foreign exchange



68,996




(6,512)

Unrealized gain on investments



(164)




(779)

Impairment (reversal of impairment) of
intangible assets and assets held for sale



1,074




(7,312)

Net earnings from associates



(1,068)




â€�”

Realized loss (gain) on current investments
and promissory note



28




(7,127)

Income taxes paid



(15,772)




(7,025)

Changes in non-cash operating elements
of working capital



18,525




(11,357)

Customer deposit liability movement



13,901




(25,282)

Other



10,719




2,488

Net cash inflows from operating activities



296,080




225,973

Investing activities








Acquisition of subsidiaries, net of cash acquired



(310,563)




(6,513)

Additions to intangible assets



(11,842)




(919)

Additions to property and equipment



(9,261)




(2,254)

Additions to deferred development costs



(16,190)




(10,426)

Net sale of investments utilizing customer deposits



16,044




6,682

Settlement of promissory note



â€�”




8,084

Net investment in associates



1,068




â€�”

Other



(3,850)




(3,584)

Net cash outflows from investing activities



(334,594)




(8,930)

Financing activities








Issuance of common shares



646,000




â€�”

Transaction costs on issuance of common shares



(24,225)




â€�”

Issuance of common shares in relation with
exercised employee stock options



27,627




7,222

Issuance of debt



425,041




â€�”

Repayment of debt



(106,493)




(12,870)

Transaction costs on long-term debt



(23,061)




(4,719)

Loan from related party



30,918




â€�”

Interest paid



(66,278)




(65,064)

Payment of deferred consideration



â€�”




(197,510)

Gain on settlement of derivatives



â€�”




13,904

Acquisition of further interest in subsidiaries



(48,240)




â€�”

Other



-




(7,602)

Net cash inflows (outflows) from financing activities



861,289




(266,639)

Increase (decrease) in cash and cash equivalents



822,775




(49,596)

Unrealized foreign exchange difference on cash
and cash equivalents



(6,090)




9,346

Cash and cash equivalents â€�“ beginning of period



510,323




267,684

Cash and cash equivalents - end of period



1,327,008




227,434

 

For investor relations, please contact: Tim Foran, Tel: +1 437-371-5730, ir@starsgroup.com; For media inquiries, please contact: Eric Hollreiser, Press@starsgroup.com

 

 


Company Codes: Frankfurt:0AY, NASDAQ-NMS:TSG, Toronto:TSGI, Stuttgart:0AY
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