Donald Trump, Hillary Clinton Take Commanding Leads in Super Showdown tuesday
Update March 2, 2016: Since we first published this story, back-of-the-field GOP runner Ben Carson has announced that he sees ‘no path forward’ in his 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.
Anyone who’s considered Donald Trump as some fringe candidate that would fundamentally fizzle out of the Republican race whenever voters came to 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 could be here to stay into the 2016 presidential process.
Donald Trump and Hillary Clinton were Super Tuesday’s big champions, and a head-to-head basic election between the two now seems more likely than ever before. (Image: AP/Zuma)
Long thought to be the firewall to the billionaire’s campaign, Super Tuesday turned instead into an accelerant for Trump’s battle to the White home.
By end of time, 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 move state Virginia, and the Bible Belt’s Arkansas and Alabama. Trump also took Massachusetts, Vermont, and Tennessee.
Texas Senator Ted Cruz managed to rally his valuable home state, aswell as Oklahoma and Alaska, while Florida Senator Marco Rubio scored their first triumph in Minnesota.
‘This happens to be an amazing night … it is really been great,’ Trump said throughout a victory press conference. ‘It had been a extremely tough night for Marco Rubio … he is a lightweight.’
Clinton Keeps Pace
Super Tuesday was said to be Cruz’s night, as the religiously conservative senator was hoping to pounce in the southeastern United States’ heavily evangelist base that is christian. Alternatively, voters largely went for the twice-divorced Manhattanite in Trump.
That takes the 2016 presidential competition one giant step nearer to the showdown that’s been impending for weeks: Hillary Clinton versus Donald Trump within the basic election.
Tuesday ended up being no surprise on the side that is democratic, once the frontrunner stretched her lead over challenger Vermont Senator Bernie Sanders. Like Trump, Clinton took seven states in all to Sanders’ four.
In her victory speech by the end associated with Clinton didn’t waste time in attacking Sanders day. Instead, she went after her likely GOP challenger.
Using a jab at Trump’s ‘Make America Great Again!’ slogan, Clinton said, ‘We know we have work to do, but that work, that work just isn’t to create 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.
There were no Spotlight surprise moments on Tuesday, with several races being called the minute polls closed by tv news outlets rushing to declare the victor first. Cruz and Sanders both took their house states, needlessly to say, and the favorites Trump and Clinton took the all-important Virginia.
Cruz Texas that is winning and sweeping Minnesota for their debut victory only put Trump closer to securing the GOP nomination.
The 2 challengers that are main Trump doubled down late Tuesday, reiterating that they aren’t dropping out to aid each other. And Ohio Governor John Kasich and neurosurgeon that is former Carson, running 4th and fifth respectively, stated they too aren’t suspending their campaigns.
Rubio and Cruz, perhaps oddly, spoke night that is last if they certainly were the big winners.
‘So long as the field remains divided, Donald Trump’s path to the nomination stays much more likely,’ Cruz claimed. ‘For the candidates that have maybe not yet won a state … i ask you to prayerfully together consider our coming.’
Rubio said of his runner-up finish in Virginia, ‘We basically fought Donald Trump to a draw despite having to generally share the ballot by having a true amount of people who probably took votes away,’ the senator said, referring to also-rans Kasich and Carson.
Paddy Power Slapped by Regulator over Bad Anti-Money Laundering Measures
Paddy energy, which started its brand new existence as one half of Paddy Power Betfair with a scolding that is strong the UKGC. (Image: twitter.com)
Irish bookmaker Paddy Power is accustomed featuring its wrists slapped by Britain’s Advertising Standards Authority right now. The controversial business actually revels in the notoriety its risqué advertising brings, and it understands that some condemnation comes with that truth.
But a report published last week by the UK Gambling Commission (UKGC) details transgressions that are far more damaging to the company’s reputation than the sporadic off-color television spot about blind soccer players kicking 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 wagering shops whom had been discovered to have laundered money through the bookmaker’s fixed-odds betting terminals (FOBTs).
Customer Fraud Conviction
The report additionally found that the operator had unsuccessful to take ‘reasonable steps’ to ascertain the way to obtain a few of its customers that are online gambling funds, citing one example of a customer who had been later convicted of fraud.
Bank worker Mark Cooney ended up being sentenced to 28 months in prison in September, after pleading responsible to stealing almost £250,000 ($348,000) from the accounts of elderly or dead clients in order to fund their gambling addiction.
Paddy Power ‘made no direct inquires’ about where his money came from, the regulator said.
The company that is betting it had flagged Cooney as ‘medium risk’ and recommended that further information be obtained, but no action ended up being taken. The operator acknowledged that it didn’t follow unique due diligence procedures with respect to checks on clients.
In a case that is third betting shop senior staff were found to have motivated 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, an employee that is senior junior staff that ‘steps should be taken to increase Customer A’s visits and time spent in the gambling premises.’
£300,000 in Fines
‘This was grossly at odds because of the licensing goal of preventing susceptible individuals from being exploited by gambling,’ said the Gambling Commission.
Paddy Power, which last month completed its €10 billion merger with Betfair, can make a voluntary payment of £280,000 to a ‘socially responsible’ cause, plus £27,250 towards the Commission to pay for the research.
It is also required to submit its anti-money-laundering procedures to a third-party review and to strengthen its customer checks.
‘The historical failings outlined in this report were clearly unacceptable,’ said a representative for the enlarged Paddy Power Betfair.
‘Paddy Power has since significantly strengthened its internal procedures and staff happen retrained to ensure these procedures are implemented effectively. Paddy energy Betfair takes its responsibilities extremely seriously and we have cooperated fully with the Gambling Commission at every stage of the process,’ the ongoing company representative added.
Amaya Sets Parameters with CEO David Baazov and Withholds Revenue Projections as Takeover Talks Continue
Amaya CEO David Baazov is attempting to just take back their own company, and the gaming corporation will not be forecasting earnings in 2016. (Image: QMI Agency tvanouvelles.ca that is/
Canadian gaming operator Amaya Inc. has released a cautionary statement to investors this week. In it, the organization reveals that the company that is montreal-based maybe not be free casino 888 download creating ‘earnings guidance’ with respect to its 2016 financial performance, in light of CEO David Baazov’s continued takeover negotiations because of the firm.
While Baazov and his partners that are unannouncedn’t officially produced proposition to take the organization right back private, Amaya stated its Special Committee assigned to handle the arbitration, along side its Board of Directors’ Audit Committee, came to the conclusion that publishing fiscal projections would not be in its own best interests.
‘The Board established the Special Committee after Mr. Baazov notified the Board on 31, 2016 of his intention to make a proposal to acquire Amaya for C$21 ($15.65) per common share in cash,’ Amaya said in a press release this week january. ‘The Special Committee has appointed Barclays Capital Canada Inc. to work as financial advisor towards the Special Committee . . . to help in considering any proposal which will be forthcoming, aswell as other alternatives that may become available to Amaya.’
Amaya also announced that it has implemented limitations how its CEO handles information that is confidential the discussions. Specifically, Baazov is prohibited from sharing such intelligence with any outside partner that is potential.
Share Value Impacted
The headlines that Amaya won’t be posting quarterly income estimates going forward may seem insignificant, nevertheless the truth is, the development poses serious risks to its overall share value.
Traded on both the Toronto Stock Exchange in Canada and NASDAQ in the United States, guidance reports for a company’s future earnings ‘can have a major influence over analyst stock ratings and investor choices buying, hold, or sell’ according to Investopedia.
Amaya stock unsurprisingly dropped 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 foregoing forecast earnings isn’t all bad news, however. In fact, in hindsight, it would have actually been good if Amaya hadn’t released that information in 2015.
Final August, during its 2nd quarter outcomes, Amaya reaffirmed its year-long 2015 income projections, a choice that could return to haunt the gaming company in November.
Blaming sets from the dollar that is strengthening to the Euro to the severe financial slowdown in Greece, Baazov fessed up that his business ended up being planning to fall 13 percent short of those approximations.
Amaya shares plunged 32 percent regarding the news briefly thereafter. In just six-and-a-half hours of trading, Amaya went from the valuation of $23.56 to $15.99.
Baazov, who founded Amaya in 2004 and primarily dedicated to business-to-business video gaming solutions before attracting investors for the $4.9 billion takeover of Rational Group and its subsidiary PokerStars, owns 18.6 percent of Amaya’s outstanding shares today.
His expected offer of $15.65 per share to take the company off the exchanges that are public personal once again values the organization at around $2.8 billion. Perhaps not so ironically, that’s slightly below the $2.9 billion Deutsche Bank, Barclays, and Macquarie Capital provided in credit financing to Amaya for the Rational buyout.