LeoVegas boosted by Nordic growth in Q1

first_img LeoVegas boosted by Nordic growth in Q1 Swedish gaming operator LeoVegas has reported a 3.6% year-on-year rise in revenue for the first quarter of 2020, aided by growth the Nordic region offsetting a decline in revenue from the rest of Europe. Email Address Tags: Mobile Online Gambling Topics: Casino & games Finance Legal & compliance Sports betting Strategy Regions: Europe UK & Ireland Central and Eastern Europe Nordics Germany Sweden Casino & games Swedish gaming operator LeoVegas has reported a 3.6% year-on-year rise in revenue for the first quarter of 2020, aided by growth the Nordic region offsetting a decline in revenue from the rest of Europe.Revenue for the three months to 31 March grew to €89.4m (£78.1m/$96.6m), of which 41% came from Nordic markets, up two percentage points from Q1 2019, thanks to a 10% rise in net gaming revenue for the region.However, revenue for the region fell 2% sequentially, as a result of new restrictions on bonuses and deposit limits in Denmark, though this was mitigated by continued growth from Sweden.The rest of Europe, including the UK, saw its share of revenue decline to 46% of the group total, with net revenue down 3% year-over-year. Despite Royal Panda being pulled from the British market, LeoVegas said its remaining brands had performed strongly, aided by their migration to the operator’s proprietary platform at the end of the quarter.Germany, meanwhile, had been negatively affected by the loss of a key payment solution in September 2019, but continued to recover in Q1.For the rest of the world, revenue was up 12%, despite a decrease in Canada, and now accounts for 13% of group revenue, up one percentage point.Of all revenue, 53% came from locally regulated markets, up from 50% in the prior year, but down marginally quarter-over-quarter. This was a result of land-based players in international markets shifting online as a result of the novel coronavirus (Covid-19) pandemic, LeoVegas said.Looking at revenue by product, casino accounted for 74% of the total, followed by live casino on 17%. While sports betting was hit by the suspension of almost all major sports from mid-March, its contribution remained unchanged at 9% of group revenue.LeoVegas’ cost of sales, comprising fees for gaming content and payment solutions, declined marginally to €16.0m, while gaming duties increased 18.5% to €13.6m. This left a gross profit of €59.8m, up 3.3% year-on-year.While marketing and personnel costs both declined – thanks to more efficient operating processes, LeoVegas noted – other operating costs were up 24.6% to €10.1m. This was due in part to some sportsbook operating costs being reallocated to the reporting segment, and a €1.4m loss from foreign exchange fluctuations.After operating expenses were stripped out, LeoVegas’ earnings before interest, tax depreciation and amortisation was up 24.4% to €9.0m. After depreciation and amortisation charges of €2.6m, and the amortisation and impairment of intangible assets knocking €4.1m off EBITDA, operating profit jumped to €2.2m.LeoVegas incurred finance related costs of €400,000 during the quarter, but also reported €700,000 in fair value gains. This saw the company swing from a €31,000 pre-tax loss in the prior year to a profit of €2.4m.Once income tax of €171,000 was paid, LeoVegas’ net profit for the quarter stood at €2.3m.The operator’s chief executive Gustaf Hagman said during the quarter and into Q2, cancelled and postponed sporting events had resulted in a sharp drop in sports betting revenue.“At the same time, LeoVegas has likely taken market shares in casino mainly from the land-based industry as well as from competitors that are more sportsbook oriented,” he said. “Our assessment is that the Covid-19 crisis thus far has had a neutral to slightly negative impact on the group’s Swedish revenues.“Moreover, the assessment is that international revenues have increased somewhat relating to market shares moving from land-based to online gaming,” Hagman explained. “At the same time, we are cognizant of the risk for a global recession, during which people’s leisure budgets would likely decrease, in turn affecting the company.”He said that regardless of the economic situation, LeoVegas remained focused on protecting customers, actively promoting responsible gambling practices and using algorithms to identify early warning signs of unhealthy play.“This allows us to act before a customer’s gaming becomes a problem. In addition, we are exercising extra restraint in our advertising,” he said. “Thus far we have not seen signs from our data that problem gaming among our established and new customers has risen, and we are paying great attention at the individual level to ensure that this remains the case.”It was therefore “unfortunate” that the Swedish government, “on weak grounds” had proposed new operating restrictions, Hagman said.“If the proposal goes through, the new limits will undermine the existing legislation and drive the most vulnerable players to the black market, where there is no consumer protection.”Looking ahead to the second quarter, LeoVegas revealed that revenue in April grew 23.3% year-on-year to €37.6m. This was driven by the successful migration of its UK brands to the operators proprietary platform, and improved payment options across multiple markets.This, it said, was aided by land-based customers shifting online, especially in territories where all bricks and mortar gambling has been shut down. Swedish revenue, however, was flat year-over-year, while there was signs the European gaming market as a whole had contracted during the crisis.“It is hard to predict the long-term effects for LeoVegas, but the longer the crisis continues, the greater the risk is that revenue will be negatively impacted by consumers’ reduced purchasing power,” Hagman said. “At the same time, an accelerated structural shift is expected from land-based to online gaming, which makes LeoVegas well-positioned for the future.” 6th May 2020 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletterlast_img read more

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Lottoland scratchcards to raise funds for British Red Cross

first_img Regions: UK & Ireland Lottery betting operator Lottoland has launched a new UK-facing charity scratchcard game to help raise funds for The British Red Cross humanitarian charity.The digital scratchcard is available to play on the Lottoland UK website and has a top prize of £50,000 (€55,377/$62,107).Each scratchcard costs £1, with Lottoland to donate 20p from each stake directly to the British Red Cross.“As a business, we are always looking for ways to offer our customers more choice through our games and lotto product,” Lottoland chief executive Nigel Birrell said.“This scratchcard is something we are delighted to be offering, by providing an option for those who want to play for a chance to win, as well as supporting a good cause.”British Red Cross head of corporate partnerships Anna Lovell added: “We are delighted to be launching this digital scratch card with Lottoland. Their support alongside all our partners means we can continue our vital work to reach and protect the most vulnerable people during times of crisis.”Last month, Lottoland also launched its first charity lottery game in the UK in the form of Win-Win Charity Lotto. The game, featuring a fixed jackpot of £250,000 for every draw, will raise funds for The British Red Cross, as well as Hospice UK, Keep Britain Tidy and The Marine Conservation Society. Topics: Lottery Social responsibility CSR Lottery betting operator Lottoland has launched a new UK-facing charity scratchcard game to help raise funds for The British Red Cross humanitarian charity. CSR 19th June 2020 | By contenteditor Lottoland scratchcards to raise funds for British Red Cross Tags: Charitable Gaming Online Gambling Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

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Forget buy-to-let! I’d buy bargain FTSE 100 shares after the market crash to make £1m

first_imgForget buy-to-let! I’d buy bargain FTSE 100 shares after the market crash to make £1m Peter Stephens | Monday, 15th June, 2020 | More on: ^FTSE Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares Buying bargain FTSE 100 shares has historically been a sound means of generating high returns. The index’s cyclicality and long-term recovery potential mean that a strategy of buying undervalued businesses and holding them has paid off for many investors.Of course, buy-to-let properties have also generated high returns over recent decades for many landlords. However, with a diverse international focus, low valuations and growth potential, now could be a better time to buy FTSE 100 shares for the long term. Doing so could increase your chances of making a million.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…FTSE 100’s international focusAround two-thirds of the FTSE 100’s earnings are generated from outside of the UK. This means that investing in a range of large-cap shares provides a huge amount of geographic diversity. This could become increasingly worthwhile, since it is unclear which countries will emerge from coronavirus in a strong position. In other words, some countries may experience second waves of the virus, while others may be able to return to normality much quicker.Therefore, having exposure to different economies could be highly beneficial to your returns in the coming years. It may not only reduce risk, but could improve your chances of making a million.ValuationsThe FTSE 100 may have rebounded sharply from its recent market crash, but investor sentiment is weaker than it was at the start of the year. As such, there are a number of large-cap shares that appear to trade on low valuations compared to their historic levels.Certainly, some of them may struggle to overcome the risks they face in the short run. However in many cases, weak investor sentiment towards the wider stock market has produced attractive prices for high-quality business. Buying them now could lead to a high return in the long run – especially since the FTSE 100 has a strong track record of recovering from its downturns to produce new record highs.Buy-to-let challengesThe FTSE 100 could outperform buy-to-let properties over the long run. House prices in the UK are relatively high versus incomes, and may struggle to make gains due to weak consumer confidence. And with the UK being among those countries hardest-hit by coronavirus, having exposure to other economies could be beneficial over the coming years.Furthermore, diversifying across buy-to-let properties is incredibly expensive. Even if you borrow a majority of the purchase price, the high cost of properties in the UK means that most investors will have only a small portfolio. This can cause significant risks should there be extended void periods, for example.As such, now could be the right time to buy a selection of FTSE 100 shares and hold them for the long run. They could deliver surprisingly high returns that may even lead to a seven-figure portfolio in the coming years. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 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Rugby World Cup Daily – All Blacks outplay the Wallabies

first_imgSunday Oct 16, 2011 Rugby World Cup Daily – All Blacks outplay the Wallabies The All Blacks produced a high intensity eighty minutes performance as they outplayed the Wallabies at Eden Park in the second Rugby World Cup Semi Final. The convincing 20-6 win sees them reach the final, where they will meet France next weekend, the same opposition as in 1987. A 9pm kick off kept Graham Henry up but it was worth it as his side turned things on when they mattered most. Captain Richie McCaw led from the front with his best match of the tournament, while counterpart David Pocock was far less affective this weekend.“They were fabulous, weren’t they?”, Henry said. “They showed huge character. From minute to minute they gave 100 percent, they gave everything, they were just outstanding.”The All Blacks are on the brink of repeating their success of 24 years ago, and for Henry, that is attributed to what they’ve put in since he was almost sacked after they went out in 2007.“Four years of planning, I suppose. Four years of guys being frustrated and wanting to do the job, four years of trying to get things right,” he said. The third place playoff will take place on Friday, featuring the same two sides that contested it at the inaugral tournament in 1987, Wales and Australia. The final will be on Sunday.Elsewhere, Sam Warburton has been suspended for three weeks following an enquiry into his sending off against France yesterday. IRB referees manager Paddy O’Brien said that Alain Rolland’s decision to red card Warburton was “absolutely correct in law and in keeping with the clear instructions that match officials have received in recent years regarding dangerous tackling”.You can view highlights of both semi finals on the Rugby World Cup offical website hereRead Will Greenwood’s betting tips and get a free £20 bet, plus up to £1000 in cashbackADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Rugby World Cup Related Articles 25 WEEKS AGO If you can get your head around it, these… 47 WEEKS AGO You’ve never seen any Rugby World Cup drop… 49 WEEKS AGO TOP 10: Rugby World Cup 2015 was filled with… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedDoctors Stunned: This Removes Wrinkles Like Crazy! (Try Tonight)Smart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHere’s the Purpose of These Little Bumps in the F and J Keys on Your KeyboardNueey10 Types of Women You Should Never MarryNueeyShe Was the Most Beautiful Girl in the World. What She Looks Like Now is InsaneNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Jasmine House / VUUV Architecture and Interior Design

first_img “COPY” Projects Jasmine House / VUUV Architecture and Interior DesignSave this projectSaveJasmine House / VUUV Architecture and Interior DesignSave this picture!© Tuong Huy+ 29Curated by Hana Abdel Share Vietnam Jasmine House / VUUV Architecture and Interior Design Photographs Architects: VUUV Architecture and Interior Design Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/933984/jasmine-house-vuuv-architecture-and-interior-design Clipboard Year:  ArchDaily Area:  800 m² Year Completion year of this architecture project “COPY” 2019 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/933984/jasmine-house-vuuv-architecture-and-interior-design Clipboard Manufacturers: Atvin, D’furni, Kanak, LIXIL , VietceramicsArchitect In Charge:Vũ Hoàng Sơn, Vũ Hoàng HàDesign Team:Vũ Hoàng Sơn, Vũ Hoàng Hà, Nguyễn Quốc Anh, Nguyễn Quang Chiến, Phí Văn DũngEngineering:Phạm Hoàng Nam, Nguyễn Quang ToảnContractors:B-up construction, Anh&Em, D’furni, Gia HảiCountry:VietnamMore SpecsLess SpecsSave this picture!© Tuong HuyText description provided by the architects. Jasmine house is located in a small lane in Ba Dinh District, Hanoi, once belonged to Ngoc Ha Flower Village. Like many other areas around the inner city, there has been a strong urbanization process here. Yet thanks to its own unique feature of being located near the city center and diplomatic headquarters, the area gradually became a residential area of foreign community living and working in Vietnam. This has been creating a big change to the appearance and nature of buildings here. There are not only small houses for households, but also alternating larger buildings to welcome newcomers. That is why buildings with apartments for rent have been very prevalent here.Save this picture!© Tuong HuySave this picture!Fifth floor planSave this picture!© Tuong HuyThat fact has posed challenges for us when taking this project. First, what is the new way of living in this type of apartment-for-rent, especially in this area? Secondly, architectural design must be effective and truly out-of-the-box as it will play an important role in promoting the investor’s business among too many apartments for rent. With coherent structure, we organize different layers of space, from public spaces, semi-public spaces and private spaces. The base of the building includes the first floor and mezzanine designed for community space.Save this picture!© Tuong HuyFrom the 2nd to 7th floor there are different types of apartment. On the second and third floors there are small-sized studios. On the 4th floor there is a big-sized studio and on the 5th, 6th and 7th floors are duplex. Diversifying the types of apartments helps guests to easily choose for themselves the most suitable space. Each apartment is designed with full amenities, light and natural ventilation.Save this picture!© Tuong HuySave this picture!© Tuong HuyIn addition to the basic spaces such as kitchen, dining, living room, bedroom and restroom, each apartment is also designed with a balcony. The balcony is a combination of inside and outside space; it can be a relaxing space or reading space. If the balcony of apartments in the front of the house are designed as expanding spaces, the balcony of apartment at the back are designed to be floating in the skylight of the building. These are also the “semi-public” spaces – designed separately for each apartment but people living in adjacent apartments can still make contact with each other. These balconies also serve as buffering layers, protecting the main space in the apartment from the direct impact of sunlight from the West.Save this picture!© Tuong HuySave this picture!Facade elevationAs for the furniture inside the building, we have designed to exploit the skillfulness of Vietnamese craftsmen from basic materials such as granite, iron, wood … The curves studied in the interior are also expressed outside the façade, creating a distinctive language throughout the project. The nostalgia for a traditional flower village of Hanoi is subtly put into our works. Green spaces are maximized throughout the building, from the entrance porch to the interior courtyard, from the balcony of the apartments to the rooftop garden … and even the color or the name of each apartment reflects our nostalgia for the historic land!Save this picture!© Tuong HuyProject gallerySee allShow less“Architecture Is to Put in Order a Room, a House, a City”: In Conversation with Albe…InterviewsBeauty Matters; Why Architecture and Beauty Need Each OtherBook Product Launch Share CopyHouses•Vietnam Photographs:  Tuong Huy Manufacturers Brands with products used in this architecture project Houses CopyAbout this officeVUUV Architecture and Interior DesignOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookVietnamPublished on February 19, 2020Cite: “Jasmine House / VUUV Architecture and Interior Design” 19 Feb 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save想阅读文章的中文版本吗?河内茉莉花公寓,圆滑小巧的精致空间 / VUUV Architecture and Interior Design是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

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Blue Bell returns to Fort Worth stores

first_img Previous articleThe Syrian Refugee Crisis NowNext articleWomen’s soccer players garner all-conference honors Samirah Swaleh RELATED ARTICLESMORE FROM AUTHOR Vacancies increasing at the Fort Worth Police Department as recruiting slows Fort Worth set to elect first new mayor in 10 years Saturday Facebook Twitter Samirah Swaleh Twitter ReddIt Samirah Swalehhttps://www.tcu360.com/author/samirah-swaleh/ Samirah Swalehhttps://www.tcu360.com/author/samirah-swaleh/ Facebook Samirah Swalehhttps://www.tcu360.com/author/samirah-swaleh/ printBlue Bell ice cream is back in Fort Worth stores.The first Blue Bell truck pulled up to the Kroger on S. University Drive at 5:45 a.m Monday. It was the truck’s second delivery of the morning. The truck had six more stops to make on its first route since April.It’s been more than six months since the company was forced to shut down production at its Brenham, Texas plant because of a listeria outbreak.A few Blue Bell fans were there at 6 a.m. when the store opened to get their hands on one of the five flavors available: Dutch Chocolate, Cookies ‘n’ Cream, Buttered Pecan, the Great Divide or Homemade Vanilla. Fort Worth stores sold gallons, pints and 12-packs of 3-ounce cups.Some shoppers were disappointed not to see some of their of favorite flavors, like Moo-llennium Crunch and Mint Chocolate Chip, on the shelves yet.The ice cream is selling fast. The Kroger on S. University started limiting purchases to two gallons per customer around 10 a.m. “We just wanted every customer to get the chance to have a little taste,” said Kurk Glaspui, the store manager. “They’ve been waiting so long.”The shipment Fort Worth stores received today is only enough to last one day. For the next week or so, each store will get a new shipment every morning.“We only got what we had room for on the shelves,” Glaspui said. “We haven’t even gotten to our busy time yet, which will be from 3 to 7.”The Kroger on S. University had about two-thirds of its supply left at noon Monday. Most stores are expected to run out of Blue Bell ice cream Monday night. But Tuesday morning, shelves will be fully restocked for the next round of sales.[View the story “Blue Bell is back in Fort Worth” on Storify] Linkedin ‘No refusal’ weekend combats drinking and driving Abortion access threatened as restrictive bills make their way through Texas Legislature Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store + posts ReddIt Linkedin ‘No refusal’ weekend combats drinking and driving ZBonz Dog Park to open in February  Samirah Swalehhttps://www.tcu360.com/author/samirah-swaleh/last_img read more

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Pasadena Convention Center A Unique Success in Convention Business

first_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment Community News Herbeauty9 Tips For Dating As A Single DadHerbeautyHerbeautyHerbeauty10 Ways To Power Yourself As A WomanHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeauty8 Celebrities Who’ve Lost Their FandomsHerbeautyHerbeautyHerbeautyThe Dos And Don’ts Of Tinder You Must KnowHerbeautyHerbeauty Name (required)  Mail (required) (not be published)  Website  Top of the News It wasn’t long ago that the Pasadena Convention Center was considered to be little more than a community center with low-profile events.But in the five years since undergoing a major $162 million renovation and expansion to bring new life to the city’s civic center, the 41-year-old Pasadena Convention Center has evolved into a full-service convention, meeting and events complex. It continues to outperform financial, occupancy and attendance expectations, surviving and thriving during the economic recession that came just as the new center reopened in March 2009.During the past year, the Pasadena Convention and Visitors Bureau booked 38,508 room nights for 2013-2014 and the future, or 104 percent of the Pasadena Center Operating Company’s annual goal. The total also was 5,608 more room nights than were booked during the previous year. Moreover, Pasadena hotel occupancy has grown from 63.6 percent capacity at the end of 2009 to this year’s 84.2 percent occupancy rate through June.In meeting its $7.9 million revenue goal for 2013-2014, the fact that the center’s operating revenues exceeded operating expenses is news in itself, given that municipalities frequently subsidize convention center operations to help drive their hotel and restaurant businesses.“The success of the Pasadena Convention Center has been a boon to the city in terms of hotel occupancy, additional business and a boost in overall tourism,” says Michael Ross, chief executive officer of the Pasadena Center Operating Company, which includes the Pasadena Convention and Visitors Bureau. “But we’ve been very successful on our own, bringing new, higher quality events to the city. This has boosted our reputation in the convention and events business and has also helped us to build new collaborative relationships and partnerships throughout the community and beyond.”Reopened six weeks in advance of its expected completion date and under its construction budget, the Convention Center sits at the heart of the complex that also includes the historic Pasadena Civic Auditorium and the Pasadena Ice Skating Center. The renovated state-of-the art center now features a 55,000-square-foot exhibit hall, a 25,000-square-foot ballroom and 28 meeting rooms, along with the 3,000-seat Civic Auditorium and a 22,000-square-foot outdoor plaza. Through concerted environmental efforts, the facility earned Gold LEED (Leadership in Energy and Environmental Design) Certification from the U.S. Green Building Council, making it one of the greenest convention centers in North America.Once a small, underperforming event facility, today the Pasadena Convention Center is a highly desirable convention destination, as evidenced by the number of high-quality conventions, trade and consumer shows, meetings and other events that fill its halls.“The original idea of the expansion was to move from smaller ‘mom and pop’ type of events and into bigger, more lucrative conventions to generate a significant return on investment to the community in terms of shopping, dining and specifically lodging,” says Ross. “Because of all of its amenities and venues, Pasadena’s strength is in its ability to attract major scientific conferences and architecture events, as well as regional, statewide and national conventions.”More than the number of events that fill the convention halls and meeting rooms is the quality of the events locating in Pasadena and the associated number of local hotel rooms that they help to fill. For example, the Great Minds in STEM Conference will be held at the Pasadena Convention Center in October 2015 and will occupy more than 4,000 hotel room nights throughout the city. The American Phytopathological Society will hold its 2015 annual meeting in Pasadena, booking more than 3,300 hotel room nights. And the American Choral Directors Association Western Division Conference is expected to fill more than 2,300 hotel room nights in February 2016. The Garden Writers Association is expected to fill more than 1,200 rooms for its annual symposium in September 2015 and the California Association of School Business Officials will exceed 1,350 room nights in April 2016.“These and other new upcoming events have a wide level of interest and will attract visitors to Pasadena, boosting local tourism and our city’s economy by filling hotel rooms, restaurants and stores,” Ross says. “We’re seeing more and more interesting and impactful meetings, conferences and special events choose the Pasadena Convention Center or the Pasadena Civic Auditorium. The future is bright for the Pasadena Center Operating Company, because the center has a good book of business for several years in advance and the Pasadena Ice Skating Center is outperforming expectations for revenue and attendance.”Ross says the Pasadena Center Operating Company must continue to generate the necessary revenue to cover the construction project’s debt service payment, while helping the city recover from losses in transit occupancy taxes (TOT) and tourism business improvement district (TBID) funding during the economic recession. From 2009-2013, Pasadena’s TOT and TBID saw a dip of almost 27 percent, or $3.65 million from original 2006 projections, while the Convention Center’s construction debt service escalated by more than $2.1 million because of the auction rate bond market fallout.“With prudent management and experienced board oversight, the PCOC has been able to right the ship financially without the aid of a General Fund subsidy from the city of Pasadena,” Ross said. “Operating revenue has exceeded operating expenses by more than $2 million in each of the past three years, which is unprecedented in the convention center business.”For more information, contact the Pasadena Convention and Visitors Bureau at (800) 307-7977 or visit www.VisitPasadena.com Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff First Heatwave Expected Next Week 24 recommended0 commentsShareShareTweetSharePin it center_img EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Subscribe Community News Your email address will not be published. Required fields are marked * Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Pasadena Convention Center A Unique Success in Convention Business From STAFF REPORTS Published on Tuesday, September 2, 2014 | 11:50 am Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Donaghey hits out as another round of Community Welfare Office closures is announced

first_img Main Evening News, Sport and Obituaries Tuesday May 25th Donaghey hits out as another round of Community Welfare Office closures is announced Google+ Pinterest Previous articleGallagher could link up with U21’sNext articleCouncillor calls for a legal and a community response to Falcarragh robbery News Highland Facebook Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Twitter WhatsApp 365 additional cases of Covid-19 in Republic Newscenter_img Further drop in people receiving PUP in Donegal 75 positive cases of Covid confirmed in North WhatsApp RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook Twitter By News Highland – September 23, 2013 Cllr Rena DonagheyAn Inishowen Councillor is hitting out at the government for scaling back on the number of Community Welfare Offices in the county after another wave of closures was confirmed.The service, which coordinates emergency and supplementary allowances for people in need, was previously administered by the HSE, but is now under the control of the Department of Social Protection.Cllr Rena Donaghey says after a number of office closures last year, another round of offices will shut their doors next week, and this will hurt those who are most in need………..[podcast]http://www.highlandradio.com/wp-content/uploads/2013/09/renacommwelfare.mp3[/podcast] Gardai continue to investigate Kilmacrennan firelast_img read more

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Man charged with ramming Garda car returned for trial

first_img WhatsApp Homepage BannerNews Important message for people attending LUH’s INR clinic Pinterest Twitter A County Tyrone man, who allegedly rammed a garda patrol car twice in a high- speed chase in south Donegal has been returned for circuit court trial, at Donegal Town District Court.31 year old Duane Farry, with addresses at Mounstewart Road and Ashfield Gardens in Fintona is charged with causing criminal damage to a garda car at Birchill, Donegal Town on January 24th last.He is also charged with assaulting Detective Garda Paul Mchugh causing him harm on the same date at Rossmore, Donegal Town.As well as the Birchill and Rossmore charges, Duane Farry, who has been in custody since January, is charged with driving a vehicle in a manner which created a substantial risk of death or serious injury to another at Keeldrums, Drumlonagher and Tullyearl, all in Donegal Town, on the same date.Detective Sergeant Mattie Murphy gave evidence of serving the book of evidence on the defendant at Donegal Town District Court this morning, and Farry was returned for trial to the next sitting of Donegal Town Circuit Court on December 7.Judge Kevin Kilrane remanded the defendant in custody with consent to his own bail of €4000 cash.The conditions are that hje would live in a named address in East Donegal, observe a curfew from 10 pm to 8 am, keep his mobile phone charged and available to gardai at all times, and sign on at Letterkenny Garda Station three times a week.He has also been ordered not to sit in the driving seat of a vehicle either stationary or moving. Facebook WhatsApp Google+ By News Highland – May 5, 2021 Facebook Pinterestcenter_img Loganair’s new Derry – Liverpool air service takes off from CODA Google+ Nine til Noon Show – Listen back to Monday’s Programme Arranmore progress and potential flagged as population grows DL Debate – 24/05/21 News, Sport and Obituaries on Monday May 24th Man charged with ramming Garda car returned for trial RELATED ARTICLESMORE FROM AUTHOR Previous articleMinors and U20’s get green light to returnNext articleDeputy CMO confident Donegal Covid case numbers will fall News Highland Twitterlast_img read more

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Police officer killed in Indiana; suspect also dies in shootout

first_imgiStock/Thinkstock(TERRE HAUTE, Ind.) — A police officer was shot and killed in a shootout with a homicide suspect in Indiana Friday evening. The suspect was also killed in the exchange, police said.The shooting occurred just after 6:30 p.m. in Terre Haute, Indiana, as a group of officers was investigating a homicide at an apartment complex, authorities said.“As the officers encountered the male suspect near the front door of the two-story building, the suspect fired upon the officers from an elevated position on the second floor,” Indiana State Police Sgt. Joe Watts said. “Terre Haute police officers exchanged gunfire with the suspect. The veteran officer was rushed to Terre Haute Regional Hospital, where he succumbed to his wounds.”A standoff with the suspect followed the shooting until a SWAT team entered the apartment building at about 9:15 p.m. and found the suspect dead in a second-floor hallway, police said.Police have not named the officer who was killed.Terre Haute is located in western Indiana, about 75 miles from Indianapolis.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

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