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Bookmakers react to Theresa’s ‘Snap Call’

first_img Andrew Lyman – Brexit is no ‘doom & gloom scenario’ for Gibraltar gambling February 24, 2020 Related Articles Share Smarkets tips Keir Starmer as new Labour leader January 8, 2020 Share Bookmakers have had no time to ease back to work following the Easter Break as  Prime Minister Theresa May this morning called for an unexpected 8 June Snap UK General Election, in order to drive a clean mandate for Brexit.Reacting to the news, the majority of UK bookmakers have slashed the odds on a Conservative Party victory to 1/14 (91% chance of winning).  However, the still divisive matter of Brexit sees the chances of a ‘Hung-Parliament’ (no clear majority) outcome being priced at 5/1, which would severely limit PM May’s future political manoeuvrings.Updating the media, Betfair Spokesperson, Naomi Totten commented on early markets: “The Conservatives had already been the clear favourite to win both Most Seats and an Overall Majority in the next General Election and their odds have further shortened and now have around a 90% chance of both following Theresa May’s statement that she would seek a June 8 date on Tuesday morning.While bookmakers point towards a Tory victory, the Labour Party will start its General Election campaign having been issued the ‘longest odds’ in UK political history, with a number of bookmakers placing Labour at 14/1 to gain victory.Further bad news for the Labour Party sees bookmakers short of confidence for party leader Jeremy Corbyn who has been priced at ½ to be removed of leadership duties on or before the 9 June.Early political forecasts have placed the Liberal Democrats as the party who have the most to gain from the snap election call, but bookmakers note taht the Lib-Dems have a ‘long road to recovery’ pricing the party at 25-1.Issuing a market update Graham Sharpe William Hill Political Lead stated “The next General Election campaign has started badly for us – we face a £23,000 loss if the Election does go ahead on June 8 after the odds for a 2017 Election were shortened from 5/1 to 2/1. We took some £3million on the last General Election, and £5m on the US Election, so we anticipate huge betting interest on a June 8 General Election.”Meanwhile on the supplier side Mitsuya Fujimoto, CEO of Ganapati Malta, said that things are too muddled for business at the moment. He said: “In the wake of Brexit, UK business desperately needs security, stability and a clear vision. Today’s announcement is not going to help to sustain such stability in the short term. However, in the longer term, if decisively won, the General Election would bring Mrs. May a strong mandate to move forwards with her plan to secure the best possible deal for the UK, without distraction.“Britain is, and will continue to remain, the gateway to the rest of the world. It is a stepping stone for Far East businesses like ours seeking to break into and expand within European and American markets. This is why, on deciding where to establish our international headquarters three years ago, the pull of the UK was strong and remains so, despite Brexit. As a UK-based business with a global remit, we hope the UK government can move forwards quickly to provide the country with a clear direction of travel.”The 2017 Snap General Election sees another summer of political hijinks for the UK general public, following 2014’s Scottish Referendum, 2015’s UK General Elections and 2016’s Eu Referendum, in what appears to be becoming a ‘very British tradition!’ Submit StumbleUpon EU research agency demands urgent action on loot box consumer safeguards July 29, 2020last_img read more

Pelicans’ David Griffin confident Anthony Davis will stay

first_img DeMarcus Cousins injury update: Warriors big man’s MRI reveals torn quad  “We have a long successful history with Klutch Sports. Rich Paul and I have spoke about Anthony. We are both excited about what we could potentially build here. … Rich Paul and I were part of succeeding,” Griffin said in reference to his time as general manager with the Cavaliers when he worked with Paul’s client LeBron James. Griffin was a part of the team that negotiated a deal with Paul to bring James back to Cleveland.Griffin added: “They will understand when I say this, ‘You are either all the way or all the way out.’”  Related News [email protected] introduce @dg_riff as the new Executive VP of Basketball Operations! #PCL pic.twitter.com/5NbWBN69uk— NBA TV (@NBATV) April 17, 2019Griffin explained he hasn’t spoken with Davis yet, but the two are expected to meet “soon” to discuss Davis’ future.The Pelicans hired Griffin following a season filled with speculation around Davis’ future after the big man requested a trade in January. New Orleans reportedly had offers on the table from the Lakers, however, they didn’t reach a deal before the deadline. Davis said earlier this month he’s hoping to sit down with the new general manager once the Pelicans make that hire. New Orleans fired Dell Demps in February, and Danny Ferry has filled in on an interim basis. Pelicans executive vice president of basketball operations David Griffin was hired with the the task of keeping Anthony Davis, and he’s confident he’ll be able to convince the big man to stay.During his introductory press conference Wednesday, Griffin expressed optimisim Davis will want to remain with New Orleans after speaking with Davis’ agent, Rich Paul, according to NOLA.com.  “I’m under contract still,” Davis said, per ESPN. “I have a year left. Obviously it’s a possibility it could happen. I don’t have ill will towards anybody. I know that it’s a possibility that next year I could be here as well. So I can’t be mad if I’m here next year.”Seeing what happens. Seeing who the Pelicans make their GM and having a conversation with that person about the future. My time here has always been great. I love playing here. It’s something that I will definitely hold in my heart forever, but the next step is waiting on the Pelicans (to fill) that GM job.”The Pelicans finished the regular season ranked 13th in the Western Conference with a 33-49 record.last_img read more

15 year old wins gold in women’s steeplechase

first_imgPapua New Guinea finished first and second, ahead of the 2011 gold medallist from French Polynesia (Tahiti).The Chimbu lass won her race in 11:26.51 seconds, while experienced distance runner from PNG, Poro Gahekave came second (11:31.66s) and Tahitian, Heiata Brinkfield clocked 12:01:09s finished third.In 2011, PNG did not win any medals in this event.Meanwhile in the field events yesterday, PNG made a clean sweep of medals in the women’s long jump event.Rellie Kaputin won gold recording a jump height of 5.97m, Adrine Monagi settled for silver (5.76m) and veteran Helen Philemon (5.64m) grabbed bronze.  Philimon was the lone medallist in this event four years ago, winning silver for PNG.And in the women’s Shot put Ambulatory, the host nation settled for silver and bronze medals to Regina Edward (F/12) (8.83m) and Vero Nime (F42) (J6.42m).New Caledonia Rose Welepa (F/12) won gold with a throw of 11.07m.        And in the men’s long jump event, Idau Asigau (7.32m) won bronze for PNG, behind Fredrick Erin of New Caledonia (7.78m) and Raihau Maiau of Tahiti (8.14m) won gold.Maiau was the silver medalist in the same event in 2011 games finishing behind Erin.While in the men’s shot put, PNG lone player, Debono Paraka only managed to gain 14.93m in his throw and finished the competition on fourth place.The winners of the event was, record holder Tumatai Daupin (Tahiti, 19.14m) coming first, Alexander Rose (Samoa, 16.58m) second and third placing was Mustafa Fall of Fiji (15.78m)last_img read more