Asia’s centrifugal influence on football prices

first_img Regions: Asia Europe Topics: Marketing & affiliates Sports betting Tech & innovation AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Asia’s centrifugal influence on football prices One of the great unknowns about the global betting industry is the true scale of the betting markets in Asia, but Scott Longley says that one indicator of their huge gravitational influence comes from the degree to which the Asian books impact football prices back in Europe.The very public display of Asian-facing brands on the shirt fronts (and increasingly the sleeves) of European football teams and the pitchside hoardings at the grounds are one very clear indicator of the spending power of some, largely Philippine-based, bookmakers.In total, six Asian-facing brands featured on the shirts of English Premier League brands this past season, continuing a trend that has been in evidence for a number of years. The effect of the Asian betting markets is clear, introducing a heightened level of competition into the European market and raising the cost of marketing.Away from the marketing limelight, though, a less visible but arguably more operationally significant effect of the size of the Asian market occurs in the area of price setting for football.“The first question for any European trading room is ‘what’s the line in Asia?’” says Paul Fox, chief executive at one of the Premier League’s Asian-facing sponsors, Letou. “Every European bookmaker will look at the Asian line and they will all make sure they are never far out of line.”Asia sets the line for every book in Europe, and in football is perhaps the last redoubt of the trading room. “They are still very manual driven, very human,” says Fox.“They have got somewhat more automated in recent years, but they still employ hundreds of people. I believe MaxBet (previously IBC) employs 700 traders, for instance. In Asia, the main lines will be moved by individuals.”The global influence of the prices set by the Asian books isn’t about the numbers of traders but the weight of money. “The Asian books will see some big, big positions taken,” says Jeevan Jeyaratnam, head of trading and compilation at Abelson Info, which among other products, provides goalscorer feeds.“The money flows to Asia and all prices snap to the prices on the Asian books. The European books all feed off those prices.”“From the European fixed-odds firms’ perspective they have become a willing slave to Asia,” says Nick Goff, previously a head of football trading at Coral and now a professional gambler.“There is an acceptance among the European firms that because the market is so vast, because that is where the sharpest players are playing and the most money is being traded, they don’t even try and challenge it.“They just accept those prices are correct, and as long as they stay in line with those prices, they will then not need to worry about the old-fashioned odds compiling side.”Slave to the ‘rithm The setting of prices in Asia is described a manual process, with traders setting prices for all of football’s big leagues, but when it comes to how the European market functions, then automation takes over.“We are selling petrol not crude oil,” says Einar Knobel, chief executive and founder of odds-feed provider TXODDS. “The Asian prices are the crude in this instance; it doesn’t matter how the prices are generated, whether that is in Asia or anywhere else. We feed off of that crude oil – the price – and we refine the data.”Everything from this stage of the process can be tracked, including every other bookmaker’s position. The global odds comparison process kicks in and the odds world’s version of a circle of trust is formed.“The clients are also interacting and producing data and we are also feeding off that interaction,” says Knobel.While there is still a role for football trading rooms in Europe, it is limited and very different to how they operated in the past. “One way of looking at our product is that you potentially get rid of the necessity of someone having to have a trading desk,” says Knobel.“The remaining work is about enabling or making the process more automated and then giving more power to fewer people to run things. They can then refine their trading opinions.”Refinement is necessary because of the limited nature of the ‘crude’ feed from Asia. For the Asian books, the only markets that matter – and to a huge extent the only markets that are offered – are the supremacy and expected goals markets.“Those are the big two and from that everything else flows,” says Jeyaratnam. Because these prices are effectively market tested by the huge Asian liquidity, they are the trusted inputs and they drive every other price in the long tail or markets available on any game in Europe.“You are only as good as your inputs, but the inputs are good,” says Jeyaratnam, who notes that Abelson Info overlays its proprietary algorithms over the basic data from Asia.Given its size and long standing, this ecosystem is now a settled part of the landscape. “This has been the case for some time,” says Knobel. “The system has been stress-tested and we know it works; we can see it works via our own systems which are working in real time and give a view of the global market. It is very dynamic.”Such a developed system also poses questions about the long-term prospects, in Europe at least, of football trading desks. “I don’t want to be harsh, but odds compiling doesn’t really exist anymore as I knew it,” says Goff.There will be some football traders, he suggests, doing elements of a bookmaker’s offer such as ante-post markets, for instance. “There will still be some in the UK market paid to do that. But being a full-time odds compiler is a dying, if not a dead, art.“It is on the periphery as part of the job now rather than being the main part of the job. That is because they willingly let Asia dominate. They know they can’t beat the Asian market.”“Video may have killed the radio star, but it is Asian bookies that have killed the European football desk,” says Knobel.Related articles: Swansea City signs Letou as new shirt sponsor Crystal Palace names ManBetX as main shirt sponsor Asia iGaming Dashboard – March 2018 24th May 2018 | By Joanne Christie The true scale of the Asian betting markets may be unknown, but Scott Longley says the degree to which Asian books impact football prices back in Europe is now clearly established Tags: Online Gambling Marketing & affiliates Email Addresslast_img read more

Carousel names former Gala Coral exec as operations chief

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Carousel names former Gala Coral exec as operations chief Carousel Group has appointed Phillip Wilson, a former executive at Gala Coral and Winners Group, as chief operating officer of the business.Wilson joins the iGaming start-up having most recently been COO at secondary lottery platform provider Winners Group.During his time at Winners Group, where he also had spell as head of product, he was responsible for developing and implementing a strategic plan to pivot the business from a B2C brand to a larger B2B operationPrior to this, Wilson spent three years as head of product at Gala Coral, where he helped the company develop its mobile and tablet offerings.Away from the gambling industry, Wilson served in senior roles with The Glass House Publishing Company, IT service provider Clark Integrated Technologies and international estate agent Property Mart Overseas.Speaking to iGamingBusiness.com, Wilson said: “It’s unusual in this industry to get to create something from the ground up, this for me is the most exciting part.“What attracted me and persuaded me to join though was the team – we are an eclectic mix of people who want to do things a little differently, and we have a great mix of industry and wider e-commerce experience which really appeals to me – their enthusiasm and fanatical drive really caught my attention.”Wilson’s appointment comes after Madrid-based Carousel Group last week announced plans to roll out its two new sports betting brands in SportsBetting.com and RaceBook.com.To support the launch and its ongoing expansion strategy, the company has also launched a new affiliate programme, through which it will focus on recruiting European and Latin American-facing affiliates to promote the brands.Carousel Group CEO Daniel Graetzer said: “Following the launch of our new affiliate programme and public announcement of our recently acquired sports betting brands, it is an exciting and critical time for the business and I am thrilled that Phillip will play a significant role in the direction we take in the coming months and years.” Tags: Online Gambling Subscribe to the iGaming newsletter iGaming start-up Carousel Group has appointed Phillip Wilson, previously of Gala Coral and Winners Group, as chief operating officer.center_img 23rd January 2019 | By contenteditor People Topics: People Sports betting Strategy Email Addresslast_img read more

Svenska Spel leads the way in regulated Swedish market

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Bingo Email Address Tags: Card Rooms and Poker Charitable Gaming Mobile Online Gambling OTB and Betting Shops Slot Machines State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market. Subscribe to the iGaming newsletter Regions: Europe Nordics Sweden Svenska Spel leads the way in regulated Swedish market Topics: Casino & games Legal & compliance Lottery Social responsibility Sports betting Bingo Poker Slots CSR 5th April 2019 | By contenteditor State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.The operator’s core monopoly business has continued to dominate the market as expected, with Swedish gambling regulator Spelinspektionen revealing that 85% of market turnover has been generated by 10 operators over January and February. This would suggest that total market turnover for the two-month period was SEK3.3bn.More than 70 licences have been issued up to and since the market opened on January 1, 2019, though the figures do not include turnover for gambling operations conducted for public utility purposes, such as the Postcode Lottery.AB Trav och Galopp (ATG), the former horse racing monopoly that has transitioned to a private business under the new regulated market, came in second with turnover of SEK667m. Svenska Spel’s Sport & Casino division, which also competes against private operators online, generated turnover of SEK385m.The leading private operator in the market is Kindred Group, with its Swedish-facing Spooniker subsidiary responsible for turnover of SEK247m. This put it ahead of Svenska Spel’s land-based casino subsidiary Casino Cosmopol, which had turnover of SEK148m over January and February.Bet365, meanwhile, reported turnover of SEK117m, followed by LeoVegas with SEK103m. A trio of sites using Trustly’s Pay N Play solution made up the rest of the top ten. Hero Gaming accounted for a further SEK80m, followed by Global Gaming with SEK78m, and Snabbare, a Malta-based operator, generating SEK61m.Turnover for the 10 leading operators in the first two months of regulation is almost half the total market turnover for the first quarter of 2018 (SEK5.8bn).However, a number of issues have already been flagged, with a number of licensees taken to task for non-compliance with a number of key licence conditions. This has already seen Paf and Genesis Gaming fined for breaching self-exclusion regulations, and licensees warned to abide by the restrictions on bonus promotions.There is also an emerging debate over advertising in the market, with Spelinspektionen pledging to issue retrospective penalties against operators it feels have previously advertised excessively.This has prompted the country’s main operator associations Spelbranschens Riksförbund (SPER) and Branschföreningen för Onlinespel (BOS) to establish a new code of conduct for members, though discussions between licensees and Spelinspektionen are ongoing.A meeting between the regulator and operators earlier this week saw Spelinspektionen reveal that enforcement of the promotions restrictions – operators may only offer players a bonus on sign-up – will be a key focus going forward. It currently has eight pending cases relating to bonus offers.Maria MacDonald of gaming-focused law firm Nordic Gambling told iGamingBusiness.com that the Consumer Ombudsman elaborated on what it felt operators had to do to market their products in a “moderate” fashion.“With regards to commercial messages, operators were amongst other things encouraged to take special care when it comes to exaggerating the chances of winning and the Consumer Agency also told operators to refrain from the use of so called ‘take-over adverts’ or ‘pop-ups’ online that consumers need to click on in order to remove,” she explained.“The Consumer Agency also brought up that individuals which have self-excluded through the national self-exclusion register still seem to receive direct marketing on a regular basis and underlined that operators will regarded as responsible also for actions from affiliates.”last_img read more

Candy Burst by NetGaming

first_img Subscribe to the iGaming newsletter Casino & games Candy Burst is a magical candy wonderland where players can earn some sweet prizes! This 5×6 slot has a cluster pay feature where 9 or more symbols wins big. The game includes free wins, sticky win re-spins and random wild spawn features. Email Address Candy Burst by NetGaming Topics: Casino & games Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 12th November 2019 | By Aaron Noy Candy Burst is a magical candy wonderland where players can earn some sweet prizes! This 5×6 slot has a cluster pay feature where 9 or more symbols wins big. The game includes free wins, sticky win re-spins and random wild spawn features.last_img

Regulatory penalties and settlements surpass £25m in Q1

first_img Subscribe to the iGaming newsletter Finance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Gambling regulators in markets worldwide issued over £25m (€28.3m/$30.9m) in fines, penalties and financial settlements in the first quarter, according to data collected by GamblingIndustryFines.com.This figure comfortably surpasses the £16m in fines, penalties and settlements issued across 2019 in its entirety.iGaming compliance tracker GamblingIndustryFines.com said that Q1’s fines and settlements were split between just five operators.Betway’s record settlment worth £11.6m, agreed after the GB Gambling Commission found the operator had breached a number of social responsibility and money laundering regulations related to high-spending customers, was the biggest single sum.This was followed by another Gambling Commission settlement, worth £3m, with William Hill-owned Mr Green. The operator failed to adhere to harm prevention and money laundering regulations in this case.In March, the Swedish Gaming Authority handed Kindred Group an SEK100m (£8.1m/€9.2m/$10.0m) penalty for offering unauthorised bonuses and lotteries without a licence to players.Meanwhile, Blackrock Media in January paid a €2.3m (£2.0m/$2.5m) financial penalty to the Malta Gaming Authority for processing payments for unlicensed igaming sites.In addition, the New South Wales Independent Liquor and Gaming Authority in February convicted Ladbrokes Australia and Neds of illegal gambling marketing, issuing the operators with a fine of AUD$207,500 (£101,552/€114,294/$125,614), the highest ever levied in the Australian state. Topics: Finance Legal & compliance Regulatory penalties and settlements surpass £25m in Q1center_img Gambling regulators in markets worldwide issued over £25m (€28.3m/$30.9m) in fines, penalties and financial settlements in the first quarter, according to data collected by GamblingIndustryFines.com. This figure comfortably surpasses the £16m in fines, penalties and settlements issued across 2019 in its entirety. 1st April 2020 | By contenteditor Tags: Online Gambling Email Addresslast_img read more

Swedish Q2 GGR sinks to new low amid minimal online growth

first_img Tags: Mobile Online Gambling Slot Machines Regions: Europe Nordics Sweden Topics: Casino & games Finance Lottery Sports betting Slots 11th September 2020 | By Daniel O’Boyle Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.The SEK5.94bn total was the lowest for a quarter since the Swedish regulated online gambling market opened on 1 January, 2019.Online betting and gaming revenue grew 3.6% from 2019 to SEK3.61bn. However, it remained 1.1% below the fourth quarter of 2019 and 1.3% below the first quarter of 2020, suggesting the rise may have been brought about by the increase in licensees and greater familiarity with the regulated market rather than Covid-19.This contrasts with Minister for Social Security Ardalan Shekarabi’s warnings of a sharp increase in online casino play as the country deals with Covid-19.Shekarabi warned that circumstances during the quarter “create great risks in the gaming sector” as he introduced strict new limits on online casino play. Consumers will face a SEK5,000 (£428/€476/$540) mandatory weekly deposit cap, while licensees will only be able to offer bonuses up to SEK100. Initially the limit was intended to apply to online betting and gaming, but this was later revised to just casino.These measures, however, have been widely criticised by the gaming sector and industry association Branschföreningen för Onlinespel (BOS) as well as by regulator Spelinspektionen, who warned they would be too difficult to implement, could push players to illegal gaming sites and would be impossible to enforce. However, former horse racing monopoly ATG showed support for the deposit limit, which came into effect on 2 July.BOS chief executive Gustaf Hoffstedt told iGB he expects weaker numbers for the regulated online gaming market Q3 and more players playing on unregulated sites because of the limits.“It may have been one of the Government’s intentions with the restrictions to safeguard land based gambling, but I expect that the Q3 figures will show little support for such effect. I rather expect an increased loss in channelisation,” he said.Svenska Spel’s state lottery and land-based gaming machines monopoly brought in SEK1.29bn, down 8.5% year-on-year but up 14.7% from Q1.According to Svenska-Spel’s half-year results, revenue from its flagship Tur lottery brand grew by 3.3% to SEK1.18bn in the quarter while the Vegas-branded slot machines division brought in SEK170m. Overall, Svenska Spel’s revenue fell 19.3% to SEK1.64bn when all segments of its business are included.Svenska Spel’s Casino Cosmopol chain of land-based casinos, meanwhile, recorded no revenue whatsoever as they were all closed during the period. This follows revenue of SEK245m in the second quarter of 2019 and revenue of SEK191m in the first quarter of 2020.Non-profit lotteries, meanwhile, were the only segment to post record-high revenue, bringing in SEK950m, up 2.7% year-on-year and 10.7% from Q1.Bingo revenue, on the other hand, dropped by 34.5% to a new low of SEK38m while restaurant casinos brought in SEK33m, down 36.5%.For the first six months of the year, revenue came to SEK11.87bn, down 2.5% year-on-year. Online betting and gaming revenue was up 5.5% at SEK7.27bn, while state lottery and gaming machine revenue came to SEK2.42bn, down 14.6%.Casino Cosmopol revenue was down 59.1% at SEK196m, all in Q1. Non-profit lottery revenue came to SEK1.81bn, up 2.6%, bingo revenue fell 22.4% to SEK90m and restaurant casino revenue was down 15.0% at SEK85m.These figures came from Sweden’s 99 licensees, of which 72 are licensed for online betting or gaming.The regulator also cited H2 Gambling Capital in order to estimate the size of the Swedish unregulated market. The data specialist’s estimate was between SEK620m and SEK732m. This figure would suggest an online channelisation rate of around 85%.“We continue to urge Spelinspektionen to investigate the level of channelization in Sweden, or alternatively to treat the channelisation reports from our association as official governmental documents,” Hoffstedt said. “Correct estimates of the channelisation is the number one KPI whether a gambling regulation is meeting its goals or not.”The regulator also noted that just over 52,000 people had self-excluded from gambling through Spelpaus, up by just under 4% year-on-year. Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Casino & games Swedish Q2 GGR sinks to new low amid minimal online growth Email Addresslast_img read more

Pointsbet raises further AUD$76m in retail entitlement offer

first_img Pointsbet raises further AUD$76m in retail entitlement offer Finance Topics: Finance 24th September 2020 | By Aaron Noy PointsBet has raised AUD $76.0m(£42.0m/€45.9m/$53.4m) in the retail component of its renounceable entitlement offer. The remaining 1.0m shares which were not taken up during the entitlement offer will now be offered for sale in a shortfall bookbuild, the proceeds from which will be announced tomorrow (25 September). Eligible shareholders subscribed for 11.7m new Pointsbet shares during the offer, 92.1% of the combined subscription shareholders were entitled to, raising $76.0m for the operator. Email Address Subscribe to the iGaming newsletter Earlier this month, Pointsbet announced that it had raised AU$70.5m through the first stage of the offer, in which it issued approximately 10.8m new shares, priced at $6.50 each, with around 55% of shares purchased by existing shareholders. This offer forms part of a larger fundraising effort for the Australian operator, which hopes to generate an additional $300m in funds. On 4 September, PointsBet said it had exceeded expectations during a share placement, raising $200m. This means the total raised during the entire entitlement process now totals $146.5m, with a bookbuild offering still to come to hit its target of $153.2m. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Oceania Australia A total of 874,165 of these shares were then traded on the Australian Securities Exchange, for $5.7m, at an average of $6.48 apiece.last_img read more

Codere negotiates with lenders after 57.2% revenue drop in 2020

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Codere’s operating expenses totalled €572.1m, 46.6% less than in 2019. The operator said it’s in “constructive conversations” with an ad hoc committee of senior notes holders to work out such alternatives. 1st March 2021 | By Daniel O’Boyle Of the operator’s €594.6m (£514.0m/$716.8m) in revenue, €154.7m came from Italy, down 54.9%. Spain became Codere’s second-largest source of revnue with €116.4m, down 38.7%, while revenue from Mexico fell 68.2% to €97.8m. Full year results 2020 After adjusting for inflation, this loss was €204.0m. Codere then made a net €57.5m financial loss, meaning its pre-tax loss was €261.5m, just under eight times 2019’s loss. After taxes, Codere’s loss was €236.6, more than 280% more than the loss it made in 2019. Subscribe to the iGaming newsletter Tags: Codere Lenders The operator had previously faced liquidity questions, but moved to strengthen its position in July 2020, when it agreed a refinancing transaction with noteholders of 55.5% of its existing notes. However, these notes carried an initial interest rate of 12.75% that could then be lowered to 10.75%. Codere negotiates with lenders after 57.2% revenue drop in 2020center_img Codere made a further €71.3m from its online operations. After €159.6m in depreciation and amortisation, down 11.4%, and €42.6m in non-recurring expenses, 32.5% more than in 2019, Codere made an operating loss of €193.4m, compared to a profit of €94.3m in 2019. These costs included €223.9m in gaming taxes, down 54.8%. Codere’s personnel costs dipped 32.1% to €162.5m, costs of goods sold declined 45.1% to €27.9m other expenses dropped 35.4% to €158.5m. “The company expects to reach an agreement in the next weeks which will provide a solid foundation for the recovery of the operations in all of its markets,” Codere said. Regions: LATAM Southern Europe Italy Spain Argentina Argentina – previously Codere’s second largest market – saw revenue fall 77.7% to €70.7m while revenue from Uruguay decreased by 29.6% to €52.3m. Panama contributed €22.7m, a 71.0% decline and Colombia €8.7m. Topics: Casino & games Finance Full year results 2020 The losses in 2020 led to what Codere described as “pressure on liquidity”. As a result, the operator has called in financial advisors to find alternative methods to enhance liquidity and or boost its capital structure. International gaming operator Codere has sought financial advisors and opened negotiations with lenders in order to ease “pressure” on its liquidity, after announcing losses of €236.6m in 2020 following a 57.2% revenue drop to €594.6m. Email Addresslast_img read more

Brazil goalkeeper Alisson moves to Liverpool from AS Roma

first_img WI vs SA 2nd Test Day 3 Live: South Africa in huge trouble; SA 63/6 (24 ov)- Follow Live Updates Brazil goalkeeper Alisson moves to Liverpool from AS Roma Copa America 2021 VEN vs ECU LIVE: When and where to watch Venezuela vs Ecuador LIVE streaming in your country, India, Follow live update Football WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start TAGSAlisson BeckerAS RomaEnglish Premier LeagueEPLLiverpool SHARE Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTreehuggerHow To Protect Yourself Against CyberthreatsTreehuggerUndoCBS NewsThink Your Commute Is Safe? You Need To See This.CBS NewsUndo247 SportsThe Highest-Paid College Football Coaches In 2020, Ranked247 SportsUndo“I’m really happy, it’s a dream come true to wear such a prestigious shirt for a club of this size that is used to always winning,” he told the club’s official website. “In terms of my life and my career, it’s a huge step for me being part of this club and this family.“You can be certain that I’ll give my all.”Alisson played for Brazil in all the five matches at the 2018 FIFA World Cup Russia, where the Seleção were eliminated in the quarter-finals after a 2-1 defeat to Belgium. Brazil national team goalkeeper Alisson Becker has completed his transfer to Liverpool from the Italian Serie A side AS Roma. Liverpool have completed the transfer of Brazil goalkeeper Alisson Becker from Italian Serie A side Roma on a multi-year deal.The 25-year-old joins the English Premier League giants after undergoing a medical and completing the formalities of his move to the Reds on Thursday. Euro 2020 MKD vs NED LIVE, North Macedonia vs Netherlands: North Macedonia to inflict a surprise defeat on Netherlands Cricket Copa America 2021 COL vs PER LIVE: When and where to watch Colombia vs Peru LIVE streaming in your country, India, Follow live update Football Football WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Football Football Cricket Facebook Twitter Euro 2020, Italy vs Wales LIVE: Matteo Pessina goal helps Italy beat Wales, finish top of Group A with flawless record; Follow Live Updates YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndo RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter Previous articleWorld Cup 2018: Arabsat seeks FIFA apology over beoutQ piracy allegationsNext articleStephen Curry to endorse Full Swing Simulators for golf technology deal Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020, Ukraine vs Austria: Ukraine to ensure round of 16 berth against Austria, Follow Live Updates Cricket WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Copa America 2021 FootballLatest Sports NewsSports BusinessNewsSportSportstars Cricket By Kunal Dhyani – July 20, 2018 last_img read more

Age fraud issue: AITA to subject junior players to age verification…

first_img Euro 2020- Spain vs Poland Highlights: Spain held to 1-1 draw as Lewandowski’s Poland keep Euro hopes alive Age fraud issue: AITA to subject junior players to age verification test during Nationals Football Freight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndo Sport News Tokyo Olympics: IOA fuming as Japan imposes stricter regulations on India’s Olympic team, calls it ‘discriminatory and unfair’ Tokyo Olympics Village: Organizers unveils Tokyo games athletes village to the media, check first look By Kunal Dhyani – July 16, 2020 SHARE RELATED ARTICLESMORE FROM AUTHOR Sport News Previous articleSania, Osaka to be part of five-day virtual summer festivalNext articleFantasy Sports : Netimpact Solutions to handle ORM mandate of My11Circle and other group companies Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR SportSport News Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Football Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates, Follow Live update Share on Facebook Tweet on Twitter Facebook Twitter Tokyo Olympics: Caster Semenya running against time for Olympic qualification, misses the 5000m cut Football Euro 2020 Top Scorers: Ronaldo joins Patrik Schick at top, Lukaku remains second; Check who is leading the Euro 2020 Golden Boot race Latest Sports News Football Euro 2020 Points table: Germany secure first win, Poland keep Euro hopes alive; Check Euro 2020 latest group standings Football Football by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeEGO Power+Goodbye, Gas! This is the Most Powerful Blower.EGO Power+UndoGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndoE! OnlineCNN’s Christiane Amanpour Undergoes Surgery After Cancer DiagnosisE! OnlineUndoThe All India Tennis Association (AITA) said the alleged molestation inside the CLTA complex, which led to accusation of age-fudging against five junior players, has provided them an opportunity to re-introduce the deterrent.“From now onwards all players in age group competitions (U12, U14 and U16) in the main draws at the national championships will be subjected to age verification test (TW3). Also, the junior players selected to represent country will have to undergo the test,” AITA secretary general Hironmoy Chatterjee told PTI.“It’s not that we are doing it for first time. In the past also, players were asked to take this medical test but somehow it was stopped.“Now that the CLTA issue has gained a lot of media attention and senior players have voiced concerns, the AITA office bearers discussed and felt that this step is required,” he said.The cost of the test will be borne by the players entering the national championship and by the AITA for junior Davis Cup and Fed Cup teams. A player will be not tested twice if he or she comes out clean in the first test.There were suggestions that age verification test should be made mandatory when a player registers with the AITA but Chatterjee said it was not required.“There are a few guidelines in place. When a child is registered within a year of his birth, then that document is valid for registration with AITA. But if the certificate is procured after one year and the player comes to us, we can ask for age verification test,” he said.India’s first Grand Slam champion Bhupathi said such a system should have been in decades ago.“This is a basic requirement so I am not going to applaud anyone and say well done. It has come 50 years too late,” Bhupathi told PTI.“Lots of kids have had to deal with this for so many years. Hopefully this is just not a random announcement and they can put a disciplined process to make sure both kids and parents will be held accountable for trying to cheat.”Vishal Uppal, who has been a junior Davis Cup captain, said the AITA must not leave room for any ambiguity.“It’s a much-needed step in the right direction, but has to be implemented across the board. The players in the qualifying draw should also be tested. It has to be done through a trusted lab, where the manipulation is not possible.“The testing should be done before the start of the national championships at the venue only,” said Uppal.Chatterjee said they are not ruling out the possibility of introducing tests for qualifying players but as of now they would begin with only main draw entrants.If both qualifying and main draw players are tested, it covers all the top-100 players in each age group. Both the main and qualifying draws consist of 64 players each, which would take the number of players being tested to 128.It is highly unlikely that the national championships will be conducted in the domestic 2020 calender due to prevailing health crisis triggered by the COVID-19 pandemic.Rohan Bopanna, only the fourth Indian to win a Grand Slam, also felt that AITA was late in taking the step but nevertheless welcomed it.“AITA has said it was aware of the situation then I don’t know why they did not do it earlier. But it is absolute necessary. I am glad to hear they are taking this initiative,” said Bopanna.The molestation and age-fraud allegations against players, including a junior Davis Cupper, shook the Indian tennis fraternity recently.The investigation, initiated by the father of the minor victim, led to even cancellation of the birth certificate of one of the accused.However, the AITA said that it will not rush into a decision to suspend the registration of the accused players.“We are waiting for the court order,” said Chatterjee.When pointed out that the court case involves only the molestation charges and the Haryana state government has already swung into action by cancelling the birth certificate of a player, Chatterjee said, “we can still wait. All the documents are with the court.”“We will not shy away from taking the strongest possible action against players, officials and administrators found guilty but we will wait for a court judgement.” Waking up to tackle the menace of age fraud in Indian tennis, national federation AITA has decided to subject all junior players entering the national championships to age verification test, a step which Mahesh Bhupathi says should have been taken 50 years ago.The players selected to represent country at junior Davis and Fed Cup will also have to undergo the same test. Football Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WALlast_img read more