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  • Laying down the law

    first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

  • Buyers hungry for prestige Gold Coast homes

    first_imgREIQ Gold Coast zone chairman Andrew Henderson said low property stock across the Gold Coast meant greater competition for fewer properties. “Over the past six to 12 months we’ve seen a real tightening in the availability of stock across the market in all price brackets,” he said.“With those low stock levels, buyers don’t have a lot of choice so there’s some good competition for what is available.” The tropical resort-style lagoon at 46-48 Peak Ave, Main Beach.Ray White agent Jackson Paradise said the speedy sale reflected a buoyancy in the prestige property market, with interstate buyers competing with locals.“I’m dealing with a lot of high net worth individuals, out of Sydney and Melbourne in particular, wanting to buy prestige property on the Gold Coast,” he said. “The [prestige property] market is definitely on fire, there’s just not enough stock to service the demand right now.”Those sentiments were echoed by Harcourts Coastal agent Tolemy Stevens who last week secured a buyer for a $3.25 million for a luxury beachfront apartment in Broadbeach. PACIFIC 602-2 Twenty Third Ave, Palm Beach sold for $2.525 million.Up the highway in Main Beach, a lavish pink bungalow inspired by the famous Beverly Hills Hotel sold for “well over $4.5 million” last Wednesday. A local family jumped the queue to snap up the quirky Peak Ave property more than a week before it was due to be auctioned. The view from 31 Naples Ave, Isle of Capri.The Ingalls overhauled the six-bedroom house which offers spectacular views of the Main River and city skyline.Further south, Pacific 602-2 Twenty Third Ave, Palm Beach changed hands over the weekend for $2.525 million while last week a Gold Coast downsizer paid $3.25 million for an apartment in Vogue on Broadbeach. This luxury apartment at 14/5 Broadbeach Blvd, Broadbeach sold for $3.25 million.“Since September and October last year we just cannot get enough property to satisfy the appetite we’re receiving,” Mr Stevens said.“I think it’s a testament as to how well the Gold Coast real estate market is currently performing.”More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago MORE NEWS: Old homes make way for new in knockdown-rebuild trend Sandy feet are welcome inside this inspired Currumbin beach house REIQ Gold Coast zone chairman Andrew Henderson said low property stock across the Gold Coast meant greater competition for fewer properties.“The prestige market generally gets that extra publicity, but I think across all price levels there’s good activity from buyers.”Despite favourable selling conditions, Mr Henderson said limited availability was likely discouraging people from going to market.“Those people also need a house to relocate to and if there’s not a home they want to go to there may be apprehension towards selling,’ he said. “To move house, stamp duty is a huge imposition for people to factor into their overall changeover costs.” Russell Ingall’s renovated home at 31 Naples Ave, Isle of Capri sold for $7.375 million. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to build a multimillion-dollar property portfolio01:50THE appetite for prestige property is insatiable with a string of multimillion-dollar property sales recorded on the Gold Coast in the past week.And there’s not enough stock to meet the demand, according to agents who are selling properties prior to auction and in off-market deals.Leading the spree is the $7.375 million sale of an Isle of Capri house owned by motor racing legend Russell Ingall and his wife Julia, which set a new street record for Naples Ave. The Main Beach Bungalow was snapped up ahead of the auction. Gold Coast land values: the winners and the loserslast_img read more

  • Antique has new top cop

    first_imgAs he relinquished his position,Agpangan expressed gratitude to the provincial officials for their support tothe police organization. SAN JOSE, Antique – The newly-installed chief of the Antique Provincial PoliceOffice (APPO) has vowed for inclusive governance in the maintenance of peaceand order in the province. Meanwhile, Police Regional Office 6 (PRO-6)director, Brigadier General Rene Pamuspusan, said this is part of thechange happening this year 2020 at the police organization. He officiated theturnover ceremony on Tuesday. In his message, Parena said everyone inthe police organization and the stakeholders are significant in the maintenanceof peace and order. Gov. Rhodora Cadiao, meanwhile, thankedAgpangan for his service in making the province a peaceful place to enjoy life. “Indeed, our new police director has abig shoe to fill in because of Agpangan who served Antique with all his best,”she said. (With a report from PNA/PN) Police Colonel Roy Parena assumed as thenew APPO commander during a ceremony held at its headquarters in this capitaltown on Tuesday. He succeeded former police provincial director Colonel LeoIrwin Agpangan. Parena also noted the importance ofcommunity support to his predecessor like in the improvement of the facilitiesin the provincial headquarters for which he also is counting on during histerm. “I believe in inclusive governance as anapproach to attain our shared goal,” he said. Pamuspusan said Agpangan, who had beenAPPO director for more than three years in Antique had been relieved effectivelast Jan. 8, and will be assigned to the PRO-6 headquarters. Antique Police Provincial Office (APPO) new director Colonel Roy Parena delivers his message during the change of command ceremony held at the APPO headquarters on Jan. 14. GOV. RHODORA CADIAOlast_img read more

  • Mrs. Maralee (Webster) McClellan

    first_imgMrs. Maralee (Webster) McClellan, age 90, of Allensville, Indiana, formerly of Florence, Indiana, entered this life on October 21, 1928, in Florence, Indiana, the loving daughter of the late, Paul S. and Aldine (Hall) Webster. She was raised in Florence, Indiana and was a 1945 graduate of Patriot High School. Maralee was united in marriage on January 9, 1946, in Vevay, Indiana, to the late, Norman Lee “Pancake” McClellan. This happy union was blessed with two daughters, Kathy and Tammy and a son, Michael. Maralee and Norman shared over 48 years of marriage together until he passed away on October 2, 1994. Maralee was employed on the line and then became head chef in the cafeteria for Seagram’s Distillery in Lawrenceburg, Indiana, retiring after 44 years of service. Maralee farmed all of her life and raised tobacco. She managed the pool hall in Florence, Indiana. Maralee resided in Florence, Indiana most all of her life and attended the Florence Church of Christ. Maralee will be remembered for her love of mowing her yard, vacationing, gardening, crossword puzzles, watching Days of Our Lives, Wheel of Fortune and Jeopardy on TV. She also enjoyed spending time with her family. Maralee passed away at 7:11 a.m., Saturday, May 25, 2019, at the Swiss Villa Nursing & Rehabilitation Center in Vevay, Indiana.Maralee will be missed by her daughters, Kathy Hunt and her husband, Wayne of Bennington, IN and Tammy Boles and her husband, Clayton of Paoli, IN; her son, Michael “Mike” McClellan and his companion, Debbie Gray of Madison, IN; her grandchildren, Doug, Sara, Amy, Jodi, Curtis and Ashley; her great-grandchildren, Jennifer, Lexis, Mashya, Alyssa, Mason, Addy, Macie, Jase, Brody, Lauren and Lakyn and her great-great-grandchild, Camdyn.She was preceded in death by her parents, Paul S. Webster, died May 7, 1963 and Aldine (Hall) Webster, died March 19, 2003; her husband, Norman Lee “Pancake” McClellan, died October 2, 1994 and her daughter-in-law, Teresa Anne “Terri” (South) McClellan, died February 29, 2008.Friends may call 11:00 a.m. – 1:00 p.m., Tuesday, May 28, 2019, at the Haskell & Morrison Funeral Home, 208 Ferry Street, Vevay, Indiana 47043.Funeral services will be conducted Tuesday, May 28, 2019, at 1:00 p.m., by Rev. Mike Jones at the Haskell & Morrison Funeral Home, 208 Ferry Street, Vevay, Indiana 47043.Interment will follow in the Vevay Cemetery, Vevay, Indiana.Memorial contributions may be made to the Swiss Villa Nursing and Rehabilitation Center Activities Fund. Cards are available at the funeral home or online at www.haskellandmorrison.comlast_img read more

  • Dare Lifts Junior Olympic Triple Jumper

    first_imgFortune has smiled on young Nigerian Junior Olympic Triple Jump athlete, Ineh Oritsemeyiwa, with the Minister of Youth and Sports, Mr Sunday Dare, providing him ticket to pursue further study side by side with sports through scholarship in the United States of America.The Minister facilitated his trip after two failed efforts at securing visa and ticket due to financial constraints.Speaking when the athlete paid the Minister a thank you and farewell visit in his office in Abuja, Dare urged Oritsemeyiwa to be a good ambassador of Nigeria by staying focused as he prepares for the Olympics in Tokyo. Oritsemeyiwa, born on 17th March 2001, represented Nigeria in triple and long jump at the Youths Olympics in Argentina in 2018 where he won silver.He competed at the Africa Region ll games in Ghana where he won a gold medal in triple jump event for boys and a silver medal in the long jump.He also competed at the 2018 National trials in Abuja where he won both long jump and triple jump . He also represented Nigeria in the long jump and triple jump at the 2018 Africa Youth Games in Algiers, Algeria where he clinched a gold medal in the triple jump with a distance of 16:22m, an Africa youth record though not yet rectified . He also won a silver medal in the long jump with a distance of 7:36m .Also in 2018, he competed at the Africa Senior Championship in Athletics Asaba, Delta State, Nigeria where he finished 7th overall with a distance of 16:09m This was due to the fact that he took just one jump because he had pains on his ankles.Latter in the same year, he qualified for the Youth Olympics Games in Buenos Aires, Argentina where he clinched a silver medal in the triple jump with a distance of 16:34m to further extend the Africa Youth record .Oritsemeyiwa jets out to the United States of America to continue his sports and academics at the William Carey University, Hattiesburg, Mississippi .He is one of the athletes Nigeria will be relying on for medal in Tokyo.The trip would grant him further exposure to state of the art facilities that would enhance his chances of winning a medal.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

  • Student aid bill poised to pass the Senate this week

    first_imgWhile health care has been in the national spotlight for many months, legislation to reform student financial aid has been lurking in the shadows.As early as Thursday, the U.S. Senate could approve an overhaul of the student financial aid system that would deliver larger Pell grant awards to low-income college students and switch federal loans to direct lending.The reform is part of the Health Care & Education Affordability Reconciliation Act of 2010, which both eliminates subsidies for private lenders and puts the finishing touches on the health care reform legislation that President Barack Obama signed into law Tuesday.To pass the Senate, the bill needs 51 votes, and Senate Majority Leader Harry Reid (D-Nev.) has said that he has signed support for the bill from 52 Senate Democrats.The House of Representatives passed the bill, which makes the federal government the source for student loan funding, on Sunday. The borrowing process won’t change, but students seeking PLUS loans should find it easier and slightly cheaper to borrow funds. Private companies will still handle billing and support for the loans.Cutting out payments to lenders such as Sallie Mae and private banks would save the U.S. Treasury $61 billion during the next decade. Nearly two-thirds of those savings would go toward increasing Pell grants in five out of the next 10 years.Pell grants are federal grants awarded to low-income students. The majority of Pell grants go to families earning less than $30,000 annually. The federal Pell Grant Program is expected to fund $32 billion in grants for more than eight million low-income students this year.The Student Aid and Fiscal Responsibility Act passed by the House in September called for Pell grant awards to be tied to the Consumer Price Index for all urban consumers plus 1 percent. The bill, now in the Senate, does not include the extra 1 percent and only indexes to inflation between 2013 and 2017, but the maximum Pell grant award would still jump to $5,975 by 2017 from $5,350 this academic year.Without adoption of the reconciliation bill, awards would be cut 60 percent, starting in the fall of 2011, decreasing Pell grants to $2,150 because the 2008 stimulus bill funds that provided a boost to the program in 2009 are set to run out in 2011. An unexpectedly high number of grant recipients during the economic downturn, including 800,000 more students than expected last fall, has driven the program into a $19 billion deficit since 2008. Of the $36 billion pegged for Pell grant funding, $13.5 billion would be used for reducing the program deficit.USC California Student Public Interest Research Group organizer William Sealey said passage of the bill would mark a huge success for students.“The bill makes sure [the federal government] provides billions of dollars to grant aid for students that doesn’t have to ever be paid back,” he said.House Committee on Education and Labor member Joe Courtney (D-Conn.) said the Pell grant cap increase is the most important part of the bill.“This is the single greatest infusion to student aid by the federal government since the G.I. Bill,” he said in a conference call.Some, however, believe the transition to direct lending is equally important.Alex Silkin, a freshman majoring in business administration who worked with CalPIRG to lobby for the financial aid reform, said the bill fixes a system that no longer makes sense.“The government is basically paying banks to give out money, but this streamlines the system and takes private investors out of the equation,” he said.Lawmakers had budgeted for more savings, up to $87 billion, but some universities have already begun switching to federal lending on their own. According to Rep. Tim Bishop (D-N.Y.), House rules for calculating savings only allow consideration of money saved at the time of the bill’s passage. Overall savings, however, are estimated to remain near $80 billion.Last summer, about 20 percent of colleges had direct lending programs. Now, 40 percent have switched to the program, and by this time next year, Bishop estimated that 70 percent of schools would implement it if student aid reform fails to pass this year.The direct lending aspect of the bill has been controversial, but several democratic representatives were swayed to vote for the bill after hearing students would see their Pell grants decline steeply — as many as 600,000 students would lose their aid altogether.A Pell grant recipient, Christian Daly, a junior majoring in English, said the grant takes pressure off students and parents wondering how to send their children to college, especially to an expensive one like USC.“The Pell grant means opportunity,” he said. “It’s a glimmer of hope and a light for the student and the parents so that they can go to school and receive the education they want.”last_img read more

  • Pre-season football in Leinster and Ulster this evening

    first_imgIn the Bord Na Mona O’Byrne Cup, there’s eight second round matches down for decision tonight – including another outing for defending All Ireland champions, Dublin.With Parnell Park deemed unplayable, Jim Gavin’s men will host IT Carlow at the all-weather pitch at the St Brigid’s club in Blanchardstown.Elsewhere, Wexford will host DCU in Enniscorthy, Laois clash with Carlow, UCD visit Meath, Westmeath take-on Longford in Mullingar and Wicklow go up against Maynooth University. Those matches will all throw-in at half-past seven, while there’s two matches in the O’Byrne Cup that will get underway at 8 o’clock.Kildare will face Louth in Hawkfield, while DIT go to Dunganny to take-on Offaly.In the McKenna Cup in Ulster, there’s two matches tonight – both of them with 8pm throw-ins.There’s a first round match-up between Fermanagh and St Marys in Garvaghey, while Antrim and Queens will go head-to-head in their second round tie.last_img read more

  • Tipp senior hurling challenge this afternoon

    first_imgToday’s game throws in at the Kiladangan GAA Grounds in Puckane at 2pm.All proceeds will go towards the Kiladangan NS defibrillator fund and Living Links Ireland. Photo: Tipperary GAA The Tipperary senior hurlers take to the field earlier than usual in preparation for the 2018 season.They face Laois in a challenge game this afternoon, in what’s a chance for manager Michael Ryan to blood some new players.Ryan says the squad are optimistic about the 2018 season..last_img

  • Martin Wachter, Golden Race: Preparing virtuals for US players

    first_img Submit Share StumbleUpon Related Articles The industry wakes up to virtual sports potential June 26, 2020 PBS launches virtual sports solution for SSBTs July 7, 2020 Share Golden Race’s virtual sports products get Swedish certification June 18, 2020 Martin Wachter, CEO of Golden Race, discusses the “enormous” growth prospects for virtual sports in the US, where it is targeting a first state licence and launching games with “new and unique functions” to meet player tastes across the pond.SBC: What are the plans for Golden Race in the US?MW: We have been doing a great amount of work to communicate how profitable our virtual sports offer will be for the US market. We will be present in G2E Las Vegas and NASPL 2019 to reinforce this message, showing all the advantages of our products and solutions. Currently, we are in the process of obtaining our first licence in the US territory, and we are also cooperating with NASPL (where we are Associate Members) and other partners in the important phase of showing how beneficial sports betting can be for the economy in different states. We are very optimistic about our near future in this new market. Golden Race has been growing at a spectacular rate over the years in different countries around the world because we always focus on developing the best solutions for diverse operators, addressing their specific needs. And we know that the US will not be an exception. Our offer is unique in the industry. We create our products and solutions according to what we know is going to work for operators. We understand what is going to give them the best revenues, based on our own studies and our vast experience, without following what other providers do. Operators know it, and this is why they choose us.SBC: How do you think virtual sports are going to work in the US?MW: If done correctly, the prospects of growth are enormous. Our success prove this. In Italy already, where we are market leaders, virtual sports bets have achieved the same level of sales as real sports. Virtual events are eye-catching, easy to follow and engaging. In a world where people require faster and immediate experiences, virtuals are the best option because the events are available all year, at any moment. They also open the door for players to understand better how sports betting work. Once operators experience the benefits of virtuals, they’ll want to keep working with them and keep expanding the offer. In this sense, Golden Race is the perfect choice for them, because our solutions are complete and fully prepared to simplify the work operators have to do in order to generate profits. SBC: You have recently launched a new solution for retail called VBOX. Do you think it will be a good fit for US operators?MW: The advantages of VBOX are numerous. We are certain that this new solution will be a great fit for US operators. This software, build with HTML5 technology, is extremely easy and fast to setup and manage. The system is light, intuitive, and adaptative, and the new viewers and games are very modern and attractive. We provide an exceptional support service and we keep launching new and upgraded games every few months. We have a complete set of popular virtual games and sports, such as our different formats of 3D Football, new 3D Horse Racing, virtual Keno and many others. We have also launched HD 3×3 Basketball with new and unique functions that are unique to the market, and we are preparing other products based on the taste of US players like American football and other surprises. SBC: How important is the level of realism in the virtual sports events?MW: Virtual sports are more than just realistic graphics, they represent a complete gaming experience. That is why we have chosen the claim ‘Beyond Virtuals’. Players care greatly about the odds and the results of each event, sometimes more than they care about the realism of the game itself. SBC: So you think that realistic odds and match outcomes will prove more important to player retention? MW: Yes, because we have noticed that many players actually skip the events. Instead they pay attention to how realistic the odds are and how many different markets they can bet on. Our betting games stand out in this regard, and that is one of the reasons we have managed to be leaders in the industry.last_img read more

  • NBA trade rumors: Cavaliers send Rodney Hood to Trail Blazers

    first_imgHood had veto power over any deal because he signed a one-year qualifying offer worth $3.4 million this summer. The 26-year-old guard previously had drawn interest from the Pelicans, Thunder and Bucks. “It’s always good to feel wanted,” Hood said Saturday prior to the trade, via cleveland.com. “Even in free agency last year it was the same thing even though I wound up signing the qualifying (offer). It’s good to know people appreciate you. Being a part of a trade doesn’t always mean you’re not a good player. It means they want to do something different for their organization. Related News NBA trade rumors: Pelicans considering counter-offer to Lakers for Anthony Davis “As long as you have a job, I’m providing for my family, I’m blessed and you move forward. There’s no malice towards anything. It’s basketball. I’m healthy. I’m playing the game I love so you move forward with it. I don’t keep harping on it because you will go crazy and it will affect your mind and it messes up your play so stay sharp and have fun with it at the end of the day.” Rodney Hood’s time with the Cavaliers is reportedly over. Cleveland and the Trail Blazers have reached a deal that sends Hood to Portland in exchange for guards Nik Stauskas, Wade Baldwin and two future second-round picks (one in 2021 and 2023), ESPN reported Saturday.  Hood, who previously played four seasons with the Jazz, had been the Cavs’ fifth-leading scorer this season, averaging 12.2 points on 42.7 percent shooting from the field and 36.2 percent from 3-point range. The Cavaliers have been at the bottom of the NBA this season, carrying a 11-42 record heading into their next matchup Tuesday against the Celtics.last_img read more