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

Donald <span id="more-9171"></span>Trump, Hillary Clinton Take Commanding Leads in Super Tuesday Showdown

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

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Anyone who’s considered Donald Trump as some fringe candidate that would sooner or later fizzle out of the race that is republican voters stumbled on their senses got a large splash of chilled water on Super Tuesday. Sweeping most of his races with a substantial lead, the Donald proved he’s here to stay into the 2016 presidential process.

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Donald Trump and Hillary Clinton had been Super Tuesday’s big winners, and a head-to-head general election between the two now seems more likely than in the past. (Image: AP/Zuma)

Long thought to end up being the firewall to the billionaire’s campaign, Super Tuesday turned rather into an accelerant for Trump’s battle to the White House.

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

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

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

Clinton Keeps Pace

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

That takes the 2016 presidential battle one giant step nearer to the showdown that’s been impending for weeks: Hillary Clinton versus Donald Trump within the election that is general.

Tuesday had been no shock on the side that is democratic, since the frontrunner extended her lead over challenger Vermont Senator Bernie Sanders. Like Trump, Clinton took seven states in all to Sanders’ four.

In her victory speech at the end for the Clinton didn’t waste time in attacking Sanders day. Instead, she went after her likely GOP challenger.

Taking a jab at Trump’s ‘Make America Great Again!’ slogan, Clinton said, ‘We understand offering work to accomplish, but that work, that work just isn’t in order to make America great again. America never stopped being great.’

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

Super Schmoozeday

There have been no surprise that is spotlight on Tuesday, with several events being called the minute polls closed by tv news outlets rushing to declare the victor first. Cruz and Sanders both took their home states, needlessly to say, and the favorites Trump and Clinton took the all-important Virginia.

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

The two primary challengers to Trump doubled down late Tuesday, reiterating that they aren’t dropping out to guide each other. And Ohio Governor John Kasich and former neurosurgeon Ben Carson, operating 4th and fifth respectively, said they too aren’t suspending their promotions.

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

‘So long as the field remains divided, Donald Trump’s path towards the nomination stays more likely,’ Cruz claimed. ‘For the candidates who possess not yet won a state … i ask you to prayerfully together consider our coming.’

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

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

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

Irish bookmaker Paddy Power is used to having its wrists slapped by Britain’s Advertising guidelines Authority chances are. The controversial company actually revels in the notoriety its risqué advertising brings, plus it knows that some condemnation comes with that reality.

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

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

Customer Fraud Conviction

The report also found that the operator had unsuccessful to take ‘reasonable steps’ to ascertain the supply of a few of its customers that are online gambling funds, citing one example of a customer whom had been later convicted of fraud.

Bank worker Mark Cooney had been sentenced to 28 months in prison in September, after pleading accountable to stealing almost £250,000 ($348,000) from the records of elderly or customers that are deceased purchase to fund their gambling addiction.

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

The gambling company said it had flagged Cooney as ‘medium risk’ and suggested that further information be obtained, but no action was taken. The operator acknowledged that it did not follow unique homework procedures with regard to checks on clients.

In a case that is third betting store senior staff were found to own encouraged a problem gambler to keep betting until he had lost five jobs and became homeless.

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

£300,000 in Fines

‘This was grossly at odds with the licensing objective of preventing vulnerable folks from being exploited by gambling,’ said the Gambling Commission.

Paddy Power, which month that is last its €10 billion merger with Betfair, makes a voluntary payment of £280,000 to a ‘socially responsible’ cause, plus £27,250 to your Commission to cover the investigation.

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

‘The historical failings outlined in this report were clearly unacceptable,’ said a spokesperson for the Paddy Power that is enlarged Betfair.

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

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

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

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

While Baazov and their partners that are unannouncedn’t officially made a proposition to take the organization right back private, Amaya stated its Special Committee assigned to handle the arbitration, along with its Board of Directors’ Audit Committee, came to the final outcome that publishing fiscal projections wouldn’t be in its very own best interests.

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

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

Share Value Impacted

The headlines that Amaya will not be publishing revenue that is quarterly going forward may seem insignificant, nevertheless the truth is, the development poses serious dangers to its general share value.

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

Amaya stock unsurprisingly fell on Wednesday on the headlines of guidance being omitted for the time being. Shares dropped by 2.49 percent on NASDAQ to a closing cost of $14.47.

No Parental Guidance

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

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

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

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

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

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

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