Most Profitable India Store Taking Winning Small-Town Bet Online

Shoppers In Jammu’s Raghunath Market as State Bank of India is Betting Against the Street

— V-Mart Retail Ltd., India’s most-profitable department store chain, is planning to sell apparel and other goods online in a bid to attract youth in villages and small towns.

The retail store, which runs medium-sized stores that sell clothes, accessories, footwear and everyday staples, is also planning to add 30 to 40 stores every year to its current 177 stores, Samir Misra, the Harvard University-educated chief operating officer of the retailer, said in an interview. About 80 percent of V-Mart’s stores are located in cities with a population below one million.

“We are in the process of an omni-channel strategy,” Misra said, referring to integrating both online and physical shops. “We will be finalizing our e-commerce strategy and omni-channel model in an year.”

Tractor makers to department store chains are wooing residents of India’s villages, where about 70 percent of the nation’s population resides, poker online on expectations that normal monsoon rains for a third-straight year will increase farm output and boost disposable income. V-Mart doesn’t plan to expand in larger cities because of the demand from smaller cities, said Misra.

To read about Economics view on growth in rural India, click here

“Metro market is also big indeed. But we have no intention to head there at this point of time,” Misra said. “We would continue to proliferate stores” in smaller towns, he said.

Return on equity, a measure of how well shareholder money is reinvested, was 25 percent at the company, the highest among its peers, while another measure of profitability, return on capital was at 24 percent in the year ended March, according to data compiled by . The company’s shares have risen 60 percent this year and closed last week at 2,392.75 rupees.

India has very few apparel retailers and brands who have rightly understood middle class consumers, Wazir Advisors, a consultancy said in a June 2017 report. Two-thirds of consumers reside in smaller cities, which are emerging as attractive apparel markets.

To contact the reporters on this story: P R Sanjai in Mumbai at psanjaibloomberg;Aashika Suresh in Mumbai at asuresh20bloomberg

To contact the editors responsible for this story: K. Oanh Ha at oha3bloomberg, Arijit Ghosh, Candice Zachariahs

“The immediate future of the global online gambling and betting market lies in the incorporation of online betting portals with live streaming of sports or games. This caters to a growing demand by users for a real-time sports streaming as well as betting choice. Another significant area of opportunities for the global online gambling and betting market lies in the inclusion of gamification strategies,” adds the analyst.

Transparency Market Research TMR is a global market intelligence company providing business information reports and services. The companyРђЎs exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMRРђЎs experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Portugal’s Santa Casa lottery launches online sports betting

Portugal’s sports bettors have one more online wagering option after the local regulator approved the country’s 13th licensee.

On Friday, the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal SRIJ regulatory body announced that it had issued an online sports betting license to SAS Social Betting, Gaming and Gambling Online, SA. The company will operate using the Placard.pt domain, which officially launched on Monday.

Placard is the offline betting brand of state lottery monopoly Santa Casa da Misericordia de Lisboa SCML, which was the primary antagonist against international gambling sites before Portugal liberalized its online market in 2015.

Santa Casa originally announced its intentions to apply for a sports betting license over two years ago. Launching just days before the 2018 FIFA World Cup kicks off, poker domino SCML is apparently banking on familiarity with its Placard brand to allow it to hoover up a sufficient volume of customers without a lot of advance marketing work.

SCML holds a 54% stake in SAS, with minority stakes held by the Portuguese Misericordia Union, the Montepio Geral Foundation, Caritas Portuguesa and the Associação dos Cegos e Amblíopes de Portugal ACAPO.

Placard makes Portugal’s fifth online betting license, joining Betclic Everest Group, Bet Entertainment Technologies, Casino Portugal, Estoril Sol and Cofina Media’s A Nossa Aposta brand, which received its online sports betting approval in March to go with the online casino license it was granted last October.

Sports betting is the dominant vertical in Portugal’s regulated market despite the onerous tax on betting turnover that averages 12%. Sports betting revenue was flat in the SRIJ’s most recent quarterly report, although that figure is expected to spike in the current quarter with the volume of World Cup wagers.

Portuguese-licensed online gambling operators generated combined revenue of €122.5m in 2017, more than twice the sum generated in the limited window of licensed activity in 2016. Still, online represented only a small fraction of the overall Portuguese gaming market revenue of €3.52b in 2017, of which over €3b came via SCML’s lotteries.

Last November, Santa Casa imposed new restrictions on its Placard product, limiting punters to a single betting slip stamped with the bettor’s tax number and a daily wagering limit of €5k per punter.

TMRРђЎs data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

15:00 SportingBet City Plate Stakes

Verdict

Jungle Cat is the highest rated horse in the race and was last seen just failing to get up in a Group 3. But this tight course is not guaranteed to get the best out of him while Salateen may struggle to get to the front from his wide draw, so preference is for JALLOTA. He has mainly been racing at Group level without success, including when well beaten in the Queen Anne, but this looks much more realistic. daftar poker Kool Kompany has also been a consistent campaigner at this level and is likely to be involved at the finish. Hillbilly Boy has a good record here but has been off since May after running badly in a handicap over course and distance while Sound Advice and Breakable are short of this level and the lightly-raced Orangey Red will have to improve dramatically to be competitive on these terms.

Formwatch

Sportingbet view: Arsenal

Our official betting partner Sportingbet take a look at the odds on offer for tonight’s Carling Cup third round tie against Arsenal at the Lane…

One of English football’s great rivalries is renewed on Tuesday night after the Carling Cup hat saw fit to draw Spurs v Arsenal at the first attempt this season, and the home side are 65 favourites to repeat their 200708 success.

That 5-1 drubbing at the Lane lives on fondly in Spurs fans’ memories and with Arsene Wenger surely set to stick with the kids in this competition, who’s to say there can’t be a repeat showing of that 1001 shot?

Much will depend on what kind of side Harry Redknapp selects now that Tottenham share their rival’s Champions League consideration, situs judi online but the inevitable Gunners’ youngsters are 1910 with Sportingbet.

The draw at 90 minutes could be a worthy punt if you think we’re in for a tight encounter on Tuesday night, with 2310 on offer for the prospect of extra time. And if you consider it a close enough contest, perhaps the To Qualify market is for you, where Spurs are 1320 and Arsenal 1110 to reach the Fourth Round.

If on the other hand it’s another Gunner-thumping you fancy, you can take your pick from 3-0 201, 3-1 161 or even 4-1 401 for some tastier prices.

Expect some squad players to do the business for Spurs? Tip Giovani to be First Goalscorer at 71 or else back the likes of Sandro 251 and Niko Kranjcar 81 in the same market.

And if you’re still to sign-up with Sportingbet, make sure you register an account now to take advantage of our limited time offer of a £50 Free Bet.

Simply log on and back your hunch at odds of at least 15 and we’ll match your bet with a free stake, giving you plenty of opportunity to find that winning score at Sportingbetm!

Blandford, who founded online bookmakers Sportingbet, also thinks that Tom Scudamore has a good chance on The Giant Bolster.

“I think Bobs Worth will win it,” said Blandford, this morning.

“It does look quite an open race but I think he’s the class horse.”

Herefordshire trainer Venetia Williams has 66-1 shots Katenko and Houblon Des Obeaux in the big race, which starts at 3.20pm on Friday.

Blandford added: “The other Herefordshire connection for the Gold Cup is Tom Scudamore riding The Giant Bolster and he’s a good horse. It’s quite telling that he’s 16-1 in the pricing.”

Eight-time champion jockey Peter Scudamore revealed his favourite for the Gold Cup at last week’s ‘From the horse’s mouth’ pre-Cheltenham Festival evening at the Castle House in Hereford.

There was disappointment at the festival yesterday Tuesday for Checkley owner Stewart Williams when King Massini was unseated his rider in the Baylis and Harding Handicap Chase.

CrownBet Could Rebrand as Sportingbet after William Hill Australia Takeover

Australian online sports betting operator CrownBet might rebrand as Sportingbet after buying William Hill’s Australian business, local news outlet The Australian reports. CrownBet was recently acquired by Canadian gambling giant The Stars Group, the parent company of online poker room PokerStars that purchased British operator Sky Betting & Gaming earlier this year.

First news about the future rebranding of the betting company emerged in April, when The Stars Group’s CEO, Rafi Ashkenazi, said that CrownBet Chief Matt Tripp intended to change the name of the combined CrownBetWilliam Hill Australia entity. According to The Stars Group estimates, the newly merged business could create gross cost synergies of about A$50 million by 2020.

British bookmaker William Hill entered the Australian gambling market in 2013 when it acquired Sportingbet’s local business, which also included the Centrebet and Tom Waterhouse brands, for £459.4 million. Early in 2018, William Hill announced that it was reviewing its Australian operations and it was considering a sale.

The sale was confirmed late in February, when CrownBet was selected as the winning bidder. Paddy Power, bet365, and Ladbrokes, too, bid for William Hill’s Australian entity. It was announced at about the same time that Canada’s The Stars Group was buying a 62% stake in CrownBet from Australian casino operator Crown Resorts. It was understood several weeks later that the Canadian gambling group has increased its interest in CrownBet to 80%.

While CrownBet has not confirmed yet that it would be rebranded as Sportingbet, it is believed that that name would be chosen due to Tripp’s prevous involvement with the brand. situs judi bola The executive and his family were actually the founders of the sports betting business.

He has recently told The Australian that his father was delighted and extremely happy that the Sportingbet business was back in the family.

CrownBet’s acquisition of William Hill’s Australian business created the nation’s third largest online sports betting operator, with Tabcorp, which recently merged its operations with rival Tatts in an A$11 billion deal, and Paddy Power’s Sportsbet being the two largest.

It is interesting to note that Sportsbet was once owned namely by Tripp and the success of the brand could, to a great extent, be attributed to his stewardship. He bought it in 2005 for A$250,000 to sell it nearly six years later to Paddy Power for the amount of A$338 million. As mentioned above, Sportsbet has meanwhile grown into one of the top operators into the highly competitive Australian sports betting field.

As mentioned, CrownBet is yet to comment on the planned rebranding of its business. The company told The Australian that it would disclose further details in due course but only after it had notified its customers about all future changes related to the major gambling operator, its branding, and its operations.

The Mouthpiece: Legal challenges of expanded sports betting

This is The Mouthpiece, a guest contribution by Martin Owens. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

Part one: Why Legislators Need Horse Sense

The big problem with widely publicized Supreme Court decisions is that people insist on reading all sorts of things into the decision. Things that would be nice to have, but simply aren’t there.

The first thing to remember about the Supreme Court decision in Murphy v NCAA ,is that it did not, repeat NOT actually legalize sports betting throughout the United States, as some seem to be claiming. What the decision did is to remove a Federal obstacle to states legalizing sports betting, if they so wish. That bears repeating: if they so wish. No state has to license sports betting. State governments maintain their plenary power over gambling. English translation – state governments can do anything they like with, to, or about gambling, so long as they don’t actually violate established constitutional protections in doing so.

A National Betting Regime?

But the Justices were careful to leave open the possibility that the Federal government can at any time choose to promulgate a national gambling policy and regulatory structure. In which case, agen sbobet the Federal rules would take precedence over most if not all state rules on the subject. Such an arrangement would be very appealing to both domestic and foreign gaming operators, and overseas regulators as well. For it would mean only one set of rules to follow, rather than threading a path through the vagaries of dozens of different state laws.

And such Federal intervention is still possible. Sen. Orrin Hatch R-UT is already working on legislation that will put legalized sports betting under Washington’s supervision. Political handicappers hold out little hope that such a bill would pass this year, however. Control of the House of Representatives is at stake, with many races predicted to be close. No candidate is liable to risk bad PR over a bill about Wicked Gambling, one of the stock boogie-men of American political theater. Sports betting in very particular has a bad history. The scandal involving baseball players taking payoffs to throw the World Series is still vividly remembered, even though it took place all the way back in 1919. It is an article of faith among proponents of public virtue that gambling is corrosive to the purity of American sport, and needs to be tightly controlled where it cannot be forbidden altogether.

Nevertheless, the door has been opened. And any state that wishes to walk through will have to depend on its legislators to get it right. And that means a series of decisions on policy, logistics, and everything else related to sports betting will have to be made, mostly under very challenging circumstances.

 

Sports betting is coming. Here’s what it looks like in the U.K.

LONDON — Dotted among the fried-chicken joints, pawn shops and Eastern European grocery stores on the main street of London’s East Ham neighborhood, the ubiquity of one type of outlet might seem alien to American visitors.

NBC News counted 15 betting shops while wandering a 1.3-mile stretch of High Street North on a recent afternoon.

“Residents hate it,” said Julianne Marriott, who represents the area on theLondon Borough of Newham’s council. “There are very few people who think it’s a good thing.”

With the industry changing rapidly within the U.K. — due largely to the advent of apps and online betting — it’s unclear what the world of sports gambling will look like even a few years from now.

But following the U.S. Supreme Court’s decision last month to strike down a federal law that required states to ban gambling on the outcome of sporting events, Britain’s £13.8 billion-a-year betting industry $18.4 billion may offer a glimpse into America’s future.

There are 8,351 betting shops across the U.K. They take bets on a range of sporting events, including soccer, cricket, rugby and horse racing, as well as the NFL and Major League Baseball.

High Street North in East Ham made national headlines in 2013 for having the highest proliferation of bookmakers of any place in the U.K.

Advertisements for gambling brands are also common during televised sporting events, agen piala dunia with some promoting the opportunity to place real-time bets on things that may happen seconds later.

But the adrenaline rush that comes with having money riding on a goal or a touchdown isn’t the whole story.

Britain’s Gambling Commission regulator in 2017 suggested that the number of problem gamblers had risen by about one-third, to 430,000 people, in just three years. The U.K. has a population of around 66 million.

%E2%80%9CThere%E2%80%99s%20been%20a%20huge%20increase%20in%20gambling%20profits%20…%20and%20there%20suddenly%20seems%20to%20be%20a%20huge%20increase%20in%20problem%20gambling%20across%20the%20population.%E2%80%9D

Mark Potter, 37, a former professional rugby player, says his gambling addiction started with a visit to a so-called high-street bookmaker — the legal shops that appear on Britain’s equivalent of Main Street.

“The straw that broke the camel’s back was that I sold my wife’s engagement ring and sold my kids’ stuff to gamble with,” Potter told NBC News.

Potter says that “very low point” was preceded by “stealing money, and getting arrested for committing fraud.” He also lost his job.

“I carried on betting, that didn’t make me want to stop,” said Potter, who lives in the northwest of England and now works for a company that educates athletes about the risk of gambling. “If you’re a problem gambler, you’ll always find a way to place a bet.”

Those issues have been exacerbated by another modern trend in the industry. Despite high-street bookies being a traditional hub for sports betting since the 1960s, most are now dominated by highly addictive fixed-odds betting terminals.

A type of electronic slot machine, the betting terminals are accused of targeting some of the most vulnerable people in British society and contributing to the growing number of problem gamblers.

Peter Nicholls Image: Fixed odds betting terminalsCustomers are currently able to bet up to £100 $133 every 20 seconds playing virtual games of roulette or bingo on fixed-odds betting terminals. The U.K. government last month announced that the maximum stake would be reduced from £100 to £2 in 2019.

Six Ways 7-Card Stud is Different From No-Limit Hold’em

Sharelines

 

  • Considering six important ways fixed-limit stud games play differently from no-limit hold’em.
  • Seven-card stud is very different from no-limit hold’em, and not just because stud is a limit game.
  • The World Series of Poker is now in full swing. With it comes a renewed interest in games other than no-limit hold’em. Those of us who fancy stud games like seven-card stud, seven-card stud hi-lo, and razz finally have a venue where these games are spread regularly as cash games, tournaments, or as part of mixed-game rotations like H.O.R.S.E.

    Poker has been dominated by no-limit hold’em for the past 15 years or so. Accordingly, some players view the shorter fields in the stud events and see an improved opportunity for cashing or winning a bracelet event. But since they themselves may not have played much or any stud, they might not have considered the strategic differences between the games.

    For those of you relatively new to stud, poker indonesia let me devote this column to some of the broader strategic differences between the no-limit hold’em game you’re familiar with and seven-card stud.

    1. Stud is played as a limit game

    Limit poker is very different from no-limit. The size of the bet is fixed in limit poker, typically an early round bet third and fourth streets being exactly half of a latter round bet fifth, sixth, and seventh streets. For example, in a hand played during the 100200 level of a stud tournament, the first two rounds of betting may only be in increments of 100, while the latter rounds are limited to increments of 200.

    This difference alters strategy in a few ways. Since no-limit games can have a bet that ranges from the size of the large blind to the size of your entire stack, the implied odds when calling an initial small bet in no-limit hold’em can be huge — much greater than in a limit stud game. In limit, with the size of the largest bet limited to no more than twice that of the initial bet, those implied odds are going to be considerably smaller than in the no-limit game. This means players are generally much tighter earlier in the betting in a limit game than in a no-limit game, lacking the implied odds for a loose call.

    Similarly, it means that players should be looser with their calls at the end i.e., on the river or seventh street in a limit game than in a no-limit game. This is because of the typically much greater pot odds on the river in a limit game versus a no-limit game. Most of the time in limit games, the size of the pot relative to that of the single limited bet is much larger than in a no-limit game where the single bet can equal or even exceed the size of the pot. In short, players typically get much better pot odds to make a final-round call in a limit game than in a no-limit game.

 

BRIEF-Sportech Says Signs U.S Sports Betting Platform Agreement With Sportradar AG

May 31 Reuters – Sportech PLC:

* US SPORTS BETTING PLATFORM AGREEMENT

* SIGNED A COMMERCIAL SPORTS BETTING AGREEMENT WITH SPORTRADAR AG

* AGREEMENT WILL BE ENABLING GROUP TO OFFER A FIXED ODDS SPORTS BETTING BOOK IN EMERGING US SPORTS BETTING MARKETPLACE

* SPORTECH WILL BE ABLE TO OFFER SPORTRADAR’S TRADING AND RISK MANAGEMENT SERVICES IN ANTICITED ROLL-OUT OF LEGAL SPORTS BETTING IN US

* SPORTECH WILL ALSO DEPLOY SPORTRADAR’S TURNKEY SPORTS BETTING PLATFORM ACROSS ITS RETAIL BUSINESS IN CONNECTICUT WHEN LEGISLATION PERMITS Source text for Eikon: Further company coverage:

Stoke City Football Club is sponsored by bet365, an online sports betting firm.Nigel French WireAP file

The rise in remote gambling now allows British customers to change their bets or cash out during a game, poker domino and also make bets well beyond the final score, like the number of yellow cards issued, the time of the next goal or the number of free or corner kicks.

Viewers of soccer games on British commercial TV channels have been bombarded in recent years by half-time betting advertisements, including some offering live odds based on what’s already happened and what might happen.

While gambling-related ads are banned before 9 p.m. on British TV, largely so children aren’t exposed to them, sports broadcasts are exempt.

A study by the BBC found that in all matches aired across the main commercial soccer broadcasters, 95 percent of them featured at least one betting ad.

Sammy Ameobi, who plays for the Bolton Wanderers, climbs over an advertisement warning against the pitfalls of betting during a soccer game at Cardiff City Stadium on Feb. 13.Carl Recine Action Images file

While soccer players are prohibited from betting on games and endorsing such firms, some critics worry about the impact on young fans of having betting brands emblazoned across team uniforms and being bombarded by betting ads on TV.

“What most people are concerned with is how it might encourage children to identify with certain brands, or develop brand loyalty to these brands long before they’re even allowed to use these products,” said Carwyn Jones, a professor of sports ethics at Cardiff Metropolitan University.

Tom Watson, an opposition lawmaker and the deputy leader of the Labour party, has even called for a ban on betting companies sponsoring U.K. soccer teams.

‘OPPORTUNITIES FOR CORRUPTION’

The availability of bets on seemingly minor outcomes within games has caused issues.

“What that creates is low-consequence opportunities for corruption,” Jones said. “So you can be corrupt without losing the game.”

Belmont Stakes 2018: Morning line odds, picks and how to bet on horse racing

Horse racing is still on the American sports radar with Justify going for the Triple Crown at the Belmont Stakes.

If you want to get in on the action, good news: Betting on horse racing is legal across the United States, so you won’t have a problem getting picks down online.

MORE: How to watch the 2018 Belmont

A parimutuel system is used in horse racing, which is different from betting on a basketball or football game against a point spread in Las Vegas. Bettors aren’t wagering against the bookie or house, but against each other, and the house takes a cut. So these numbers could change plenty between now and post time. It also means odds aren’t fixed at the time of the bet.

Belmont odds, post positions

Here are the post positions and morning line odds for the Belmont field, according to Vegas Insider. The morning line odds will be updated before the race.

Post Horse ML Odds 1 Justify 45 2 Free Drop Billy 301 3 Bravazo 81 4 Hofburg 92 5 Restoring Hope 301 6 Gronkowski 121 7 Tenfold 121 8 Vino Rosso 81 9 Noble Indy 301 10 Blended Citizen 151

*Morning Line Odds created by Belmont Park Head Oddsmaker Eric Donovan as of June 9.

Belmont picks

Vinnie Iyer: Justify dominated the Derby and mudded to victory in the Preakness. daftar poker With three weeks to recover, its biggest challenge at the Belmont will be keeping up momentum through a daunting mile-and-a-half race.

MORE: Facts to know before picking a horse

Justify should have plenty of energy, being in the unique position of not having raced as a 2-year-old. It will be ready and it would be shocking if it’s not in great position to take the Belmont coming down the final stretch.

Win: Justify Place: Gronkowski Show: Vino Rosso

— V.I.

How to bet on horse racing

If you’re betting at a window, whether it be at Pimlico or your local track simulcasting the Preakness, say the name of the track, the number race you’re betting, how much you want to wager, the type of wager and the numbers post positions of the horses you’re including in your bet.

MORE: American Pharoah has retired to a life of sex, sex and more sex

Horse racing wager types

There are tons of different ways to bet on a horse race, but here are some of the most common and ones you’ll likely hear about come Preakness time on Saturday.

— Win, place, show, or first, second and third. When you bet on the winner, you simply get the horse at its odds and if it wins, you cash that amount. So $10 on a horse at 12-to-1 nets you $120. If you bet on a horse to “place,” or come in second, the payout is less, and same goes for “show.”