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Royal IHC, Inner City Diesel Join Forces

first_imgImage source: IHCRoyal IHC, a Dutch supplier of equipment, vessels and services for the offshore, dredging and wet mining markets, has just announced their partnership with Inner City Diesel Ltd.“The Canadian company is located in Fort McMurray, Alberta and will work alongside our colleagues to create a one-stop shop for dredging, mining and fluid management across the country,” Royal IHC said in its announcement.“We look forward to a strong partnership and delivering a first-class service to customers in Canada.”Inner City Diesel services Alberta and British Columbia, specializing in de-watering and fluid management services.With the combination of industry knowledge and expertise, Inner City Diesel has built a solid reputation for supplying mobile mechanics and towing in Fort McMurray and the surrounding areas.last_img read more

Two women face hate crime charges after attacking Trump supporters

first_imgOn Tuesday, a grand jury indicted Olivia Winslow and Camryn Amy, both 21, on felony charges of robbery, conspiracy and hate crimes and a misdemeanor charge of endangering the welfare of a child.According to officials, both women confronted the 7-year-old child and his mother, and took away their “Make America Great Again” hat.Amy was indicted on misdemeanor charges of assaulting a man who tried to retrieve the hat, attempting to assault his mother, and offensive touching of the boy.The indictment accuses the women of committing the crimes “for the purpose of interfering with the victim’s free exercise or enjoyment of any right, privilege or immunity protected by the First Amendment to the United States Constitution, or committed said crime because the victim had exercised or enjoyed said right or rights, …”Delaware Attorney General Kathleen Jennings, a Democrat, said “Violence in any form is unacceptable, but harming another person — let alone a child — because of the expression of their views betrays the principles on which our country was founded. ”,On Tuesday, a grand jury indicted Olivia Winslow and Camryn Amy, both 21, on felony charges of robbery, conspiracy and hate crimes and a misdemeanor charge of endangering the welfare of a child.According to officials, both women confronted the 7-year-old child and his mother, and took away their “Make America Great Again” hat.Amy was indicted on misdemeanor charges of assaulting a man who tried to retrieve the hat, attempting to assault his mother, and offensive touching of the boy.The indictment accuses the women of committing the crimes “for the purpose of interfering with the victim’s free exercise or enjoyment of any right, privilege or immunity protected by the First Amendment to the United States Constitution, or committed said crime because the victim had exercised or enjoyed said right or rights, …”Delaware Attorney General Kathleen Jennings, a Democrat, said “Violence in any form is unacceptable, but harming another person — let alone a child — because of the expression of their views betrays the principles on which our country was founded. ” Two women are facing hate crime charges after they confronted a child and his mother outside of the Democratic National Convention in Delaware over their support of President Donald Trump.last_img read more

GiG divests B2C arm to Betsson AB for €31 million

first_img GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 GiG ups code security oversight with Checkmarx July 10, 2020 Betsson outrides pandemic challenges as regulatory dramas loom July 21, 2020 Share Related Articles StumbleUpon Issuing a market filing this morning, Stockholm-listed Gaming Innovation Group (GiG) has disclosed that it will divest its entire B2C unit to Betsson AB.The company confirmed that it has agreed terms on a share purchase agreement worth €31 million, consisting of a €22.3 million cash payment for the assets on top of a further  €8.7 million prepaid platform fee.The deal sees Betsson takeover management of GiG’s entire B2C portfolio including flagship domains Rizk, Guts, Kaboo and Thrills.Deal terms stipulate that Betsson must commit to maintaining all GIG B2C brands on the GIG platforms for a minimum term of 24 months, with Betsson paying platform fees based on net gaming revenue (NGR) performance.Based on the expected platform fees, the total value of the transaction is estimated at approximately €50 million. Betsson governance describes the transaction as fundamental to developing the firm’s new B2B sportsbook offering.Confirming the transaction, Betsson AB CEO Pontus Lindwall commented: “We believe this deal offers a good opportunity for Betsson to consolidate, create synergies and apply our core B2C skills and marketing insights to scale these assets to their true potential. The agreement with GiG further strengthens and expands Betsson’s outreach and growth potential for its proprietary sportsbook and payments platforms in the B2B market.”In its transaction note, GIG governance reveals that the sale of its B2C unit was agreed as part of the firm’s strategic review, in which GiG would divest its brand portfolio to focus on B2B growth.GiG revealed that its future platform provisions will be ‘sportsbook agnostic’ – a decision which will allow Betsson’s sportsbook solution to be integrated within GiG’s platform-offering.Richard Brown, Chief Executive Officer of GiG, said: “ This transaction serves as a strategic focusing of the Company’s efforts towards the B2B segment. Offering both B2C and B2B services had synergies in the past, however, the current conflicting priorities of the two business areas, and increased complexity in the market, have lessened the potential offering on both fronts and our ability to sign new customers.“I am delighted to retain our brands on the platform and in the process, adding Betsson as a partner as we share the same ambition of responsibility for all stakeholders, safe play for the end-user, and entertaining user experience. I am certain that together with their speciality, focus and strong track record on driving B2C growth, it will be a fruitful partnership.“Additionally, the planned integration of Betsson’s sportsbook into our platform offering, not only provides cost-saving synergies, it also allows us to offer one of the most well-renowned European sportsbooks to our current and future B2B partners. We are excited to support Betsson’s growth of the brands we have built and now look forward to GiG next chapter as a specialist iGaming B2B provider.” Share Submitlast_img read more