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Asia sees sharp decline in match-fixing, says AFC

first_imgAsia has seen a sharp decline in match-fixing over the last six years, the Asian Football Confederation and its integrity partner told Reuters, though illicit gambling has grown thanks partly to the use of cryptocurrencies as a payment method.Swiss-based Sportradar has been a key ally in the AFC’s fight against corruption since 2013 and the tie-up will run through to the 2023 AFC Asian Cup in China after being renewed last month.Match-fixing is driven by illegal gambling, a market which Transparency International estimated in 2018 was worth some $400 billion in Asia. “Since 2013, we have witnessed a significant reduction in the number of match-fixing related incidences,” Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.”Sportradar has been pivotal in driving the decrease in overall figures for illicit activity…”From 2016 we’ve witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we’ve introduced have produced positive results.”Gambling is technically illegal across large parts of the continent, including the five most populous nations: mainland China, India, Indonesia, Pakistan and Bangladesh. Pasquier said monitoring integrity across Asia was “deeply challenging” because of the continent’s cultural and sporting diversity.Low wages were one of the main reasons match-fixing was a significant threat in Asia, said Oscar Brodkin, Director of Intelligence & Investigation Services at Sportradar.”Most of Asia sits in the sweet spot of low wages and high coverage and is therefore one of the highest risk areas,” he said.”Player wages in Asia are generally lower compared to places such as Europe but paired with the growing viewership of football in the region, leads to higher stakes allowed on the betting market and thus the opportunity for large-scale fraud.”Prior to 2013 a handful of large global syndicates operated “with all the bells and whistles of an organized crime syndicate,” said Brodkin.It was a different scenario today.”With key figures being imprisoned or disrupted and very high-profile cases being discussed in the media, match-fixing over the last five years has become much more fragmented,” he explained.”There are now more ‘lone wolves’, with local gangs and syndicates more common.”And yet, throughout this time, particularly from 2009, betting amounts have become larger. Match-fixing has evolved from a pastime or side hustle into a business.”The financing aspect had evolved too, he said.”…traditional payments from financial institutions and wire transfers have switched to methods like cryptocurrencies or even payment in kind.”We have observed an increase in adoption of cryptocurrency as a payment method for illegal activities and a medium to bet.”A decade after being born on the web, digital currencies remain a largely unregulated and opaque sector, offering users near-anonymity and associated by many people with hacks, heists and illicit activity.Sportradar has over 110 permanent staff operating across continents, including 30 investigators from military, law enforcement, intelligence and due diligence backgrounds.Brodkin said Sportradar’s system was based on data from studying millions of clean and some 5,000 corrupted matches, as well as the odds offered by 600 bookmakers. The AFC has also made it easier for fans, players and officials to report match-fixing suspicions by launching a mobile app in 2017.Following the renewal of the partnership, the app will be upgraded to allow for the reporting cases of doping, bullying and harassment.Topics :last_img read more

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first_img SHARE Email Facebook Twitter Governor Wolf Announces Grant to Sustain 700 Jobs, Improve Rail Connections at Mercer County Steel Plant December 21, 2016center_img Jobs That Pay,  Press Release Harrisburg, PA –Governor Tom Wolf today announced a $1 million grant to Novolipetsk Steel for rail improvements at its Farrell, Mercer County steel plant that will help the operation remain competitive and preserve more than 700 family sustaining jobs.“This investment furthers my administration’s goal of creating an environment for ensuring the people of Pennsylvania have jobs that pay,” Governor Wolf said. “This grant will help NLMK make much needed upgrades to tracks and equipment used to ship its products to market.”The grant will allow rehabilitation of 8,300 feet of track, crossties and ballast and improve grade crossings in its 13-mile rail network at the plant. The company also will replace locomotives and install additional loading docks and modify some docks.The grant application was submitted by Penn Northwest Development Corporation on behalf of NLMK. NLMK was first known as Duferco Farrell Corporation. The scrap salvage company makes metal casing for Whirlpool, Frigidaire and other products for appliance companies.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolflast_img read more

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Cambridge University endowment gains 8.8%; Oxford ‘flat’ for 2018

first_imgDuring 2018, according to Nick Cavalla – then Cambridge’s CIO – the fund’s holdings in private equity and other alternative asset classes performed strongly. Alternatives included direct property, private credit and absolute return.In terms of public equities, Cavalla said the US was the strongest performing regional stock market, fuelled by significant advances in large-cap technology stocks. Oxford University“It would be remiss not to mention that 2018 itself saw periods of negative equity returns and elevated volatility,” the managers said. “The fund’s equity exposure is significant and not immune 
to such volatility.”The fund – run on behalf of Oxford University and a number of individual colleges – returned 9% a year on average over the past decade.Public equities finished the year with an allocation of 53.6%, slightly up on the previous year, although the managers increased cash holdings as valuations in public and private equity markets continued to rise. The private equity allocation totalled 22.3% at the end of December.Oxford’s public equity managers returned 10.6% annualised over the past 10 years, OUEM reported. Private equity annualised returns over 10 years were 13.9%.The endowment’s 2017 return was 9.2%, due in part to a flexible currency strategy benefiting from sterling’s movements after the UK’s EU membership referendum in June 2016. Kings College, CambridgeHe said: “[Cambridge’s] public equity portfolio underperformed its market index benchmark, in part because of an underweight to the US market and technology as a sector, but also because of some idiosyncratic exposure to portfolio companies that emerged as ‘value traps’, in the UK in particular.”At end-June 2018, Cambridge’s portfolio was invested 59% in public equities, 11% in real assets including property, 10% in absolute return and 9% in private investments.Cavalla has since left the Cambridge endowment to lead family office Talisman Global Asset Management as CEO.Meanwhile, Oxford University’s £3.4bn endowment fund made a “flat” investment return to end-December 2018 over what was a volatile and challenging year for all financial assets, according to Oxford University Endowment Management (OUEM).center_img Cambridge University’s £3.2bn (€3.6bn) endowment fund posted an 8.8% investment return for the 12 months to 30 June 2018 – just under half its 18.8% return for the previous 12-month period.The fund, managed by the university’s investment office, finances university posts and activities and includes several of its colleges as investors.Over 10 years to the end of June last year, it generated an annualised return of 10%.Last year’s stellar return was achieved partly through an increase in the dispersion of individual stock returns in the second half of the year, which favoured active management, Cambridge said. This helped the endowment’s equity and hedge fund managers outperformed their benchmarks.last_img read more

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Child abuse ‘culture shift’

first_imgStuff.co.nz 15 February 2014Parents who cannot keep their newborns safe are increasingly being dobbed in by their family and the public.After the murder of 3-year-old Rotorua girl Nia Glassie in 2007, there has been a sharp rise in the number of newborn babies removed from their parents, with scores ending up in foster care every year.Nia’s case, and the deaths of twins Chris and Cru Kahui in 2006, sparked public outrage after family members kept silent and authorities failed to connect the dots.Figures released under the Official Information Act show that, in 2008, after Child, Youth and Family was criticised for its handling of a string of child abuse deaths, the number of babies removed from their mothers more than doubled in just one year.More than 140 babies under a month old are now being removed from their mothers every year.Last month, Oriwa Kemp, one of the people jailed in connection with the Nia Glassie case, had her newborn child taken by CYF.Babies At RiskIn the past year there were:26 babies taken from their mothers at birth157 babies taken within their first month of life37 removed babies given to extended family, with the rest ending up in foster homes or as wards of the state1800 referrals to CYF concerning the safety of unborn children, mostly from police or health services but increasingly from the babies’ families or the public153 babies abused or neglected in the first month of their life.http://www.stuff.co.nz/dominion-post/news/9724733/Child-abuse-culture-shiftlast_img read more

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Puma respond to Man City Champions League ban

first_imgPuma are standing by Manchester City over their two season Champions League ban. Guardiola was devastated  UEFA handed the ban to City last week for ‘serious breaches’ of the UEFA Club Licensing and Financial Fair Play regulations, as well as failing to cooperate in the investigation by the Adjudicatory Chamber of the Club Financial Control Body (CFCB). The club were also fined €30m. Kit sponsors Puma have issued a statement in support of the club and its management.Advertisement Promoted ContentThe 9 Best Robots In Movie HistoryBirds Enjoy Living In A Gallery Space Created For ThemTop 10 Most Populated Cities In The World2020 Tattoo Trends: Here’s What You’ll See This YearWho Is The Most Powerful Woman On Earth?Here Are The Top 10 Tiniest Mobile Phones On The Planet!You’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeMesmerizing Pictures Of World’s Most Beautiful StaircasesWhich Country Is The Most Romantic In The World?This Guy Photoshopped Himself Into Celeb Pics And It’s HystericalNothing Compares To Stargazing Places Around The World9 Facts You Should Know Before Getting A Tattoo The statement read: “We fully trust the management of Manchester City and are convinced that these accusations will be cleared”. Read Also:Arsene Wenger: UEFA were right to ban Manchester City City and Puma signed a lucrative ten-year, £650million kit deal in February 2019 – before the time period that UEFA allege City’s wrongdoing took place. The deal is the second biggest in the Premier League, behind Manchester United’s £750m agreement with adidas. FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more

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La Liga: Matches to expect this weekend

first_imgRelatedPosts NBC Code and non-exclusivity provision, by Kunle Osisanya-Afolabi Bale completes Tottenham return from Real Madrid Live stream Premier League, La Liga, Serie A on Showmax Pro this weekend The 2019/20 La Liga season will have its 12th round this weekend from November 2 to 3, 2019, with viewers on DStv and GOtv set to be treated to some brilliant action from Spain’s top flight.DStv subscribers from Premium to Family will have font row seats to all La Liga games, while on GOtv, Max is the home of the Spanish league and all the best games will be available on the package, while Plus customers can tune in twice a week for selected matches.The pick of matches from La Liga this weekend comes from Estadio Ramon Sanchez Pizjuan on Saturday evening when Sevilla host Atletico Madrid.This is very much a battle of two teams looking to push themselves up toward the top of the table in pursuit of European qualification – and possibly more as the season progresses.Sevilla have been the more inconsistent of the two sides and will need to raise their game for a clash with Diego Simeon’s combative Rojiblancos, while the Madrid club can also take confidence from putting together a five-game unbeaten run against Los Nervionenses in La Liga.SuperSport viewers can also look forward to seeing champions Barcelona in an early-evening clash away to Levante at Estadio Ciudad de Valencia.Barca have had mixed results at the venue in recent years: last season they racked up a 5-0 away win over Levante in La Liga, but their prior visit in May 2018 ended in a stunning 5-4 defeat.A similarly goal-laden affair could be in store once again.The weekend La Liga action will also feature Real Madrid, who host Real Betis at Estadio Santiago Bernabeu on Saturday night.Betis have claimed away wins in their last two La Liga trips to face Los Blancos and a third in succession would put massive pressure on manager Zinedine Zidane.Other matches for DStv subscribers to watch out for include Valencia away to Espanyol, Villarreal at home to Athletic Bilbao on Sunday afternoon, and surprise package Granada at home to Real Sociedad to close out the round on Sunday night.Fixtures:November 21pm: Espanyol v Valencia – LIVE on SuperSport 7/SuperSport 9 & Select 1/Select 44pm: Levante v Barcelona – LIVE on SuperSport 7 & Select 46:30pm: Sevilla v Atletico Madrid – LIVE on SuperSport 7 & Select 49pm: Real Madrid v Real Betis – LIVE on SuperSport 7 & Select 4November 312pm: Real Valladolid v Mallorca – LIVE on SuperSport 7/SuperSport 9 & Select 1/Select 42pm: Villarreal v Athletic Bilbao – LIVE on SuperSport 7 & Select 44pm: Osasuna v Deportivo Alaves – LIVE on SuperSport 7 & Select 46:30pm: Celta de Vigo v Getafe – LIVE on SuperSport 7 & Select 46:30pm: Leganes v Eibar – LIVE on SuperSport 49pm: Granada v Real Sociedad – LIVE on SuperSport 7 & Select 4.Tags: DSTVGoTVLa Ligalast_img read more

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Mary Kay Letourneau, teacher jailed for having sex with a student, dies of cancer at 58

first_imgSEATTLE — Mary Kay Letourneau, the infamous teacher who married her former sixth-grade student has died from stage four cancer at the age of 58. Letourneau married and had two children with Vili Fualaau who was a precocious 12-year-old in her class at Shorewood Elementary in Burien, a south Seattle suburb.Letourneau pleaded guilty in August 1997 to two counts of second-degree rape with a student who was 13 at the time. (She was 34, married and had four children) She later married the student, Vili Fualaau in 2005—after serving her seven-year prison sentence. He was 22. She knew her actions were wrong morally and professionally but took the risks in part because of her diagnosed “hypomania,″ a type of bipolar depression, her attorney told local media.Fualaau and Letourneau had previously characterized their relationship as one of love, and even wrote a book together — “Un Seul Crime, L’Amour,” or “Only One Crime, Love.” Their story was also the subject of a USA Network movie, “All American Girl.”King County court records show Fualaau asked the court for a legal separation from Letourneau on May 9, 2017. They divorced last year.last_img read more

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4 Syracuse lacrosse players earn All-ACC honors

first_img Published on April 27, 2016 at 5:23 pm Contact Connor: cgrossma@syr.edu | @connorgrossman The All-Atlantic Coast Conference men’s lacrosse team was announced Wednesday afternoon, with Dylan Donahue, Nick Mariano, Sergio Salcido and Brandon Mullins representing Syracuse (8-4, 2-2 ACC) on the 18-man list.Donahue is a second-time qualifier for the all-conference team, as the senior attack leads the conference with 2.25 assists per game. His 21 goals are tied for second most on the Orange, and he leads the unit with 48 points.Several of Donahue’s 27 assists have been dished to Mariano, who’s flourished in his first season with SU. He’s the team’s leading goal scorer with 29 tallies, where as last year on Massachusetts he led the team with only 22 scores.The only first-time starter to crack the list for Syracuse is Salcido, who’s success this season has openly surprised head coach John Desko. The 5-foot-7 midfielder has scored 21 times, and has three games this season with five or more points. He entered this season with five career points.Mullins is the only returner to the All-ACC team with Donahue, and the fifth-year defender has once again anchored the Orange’s counterattack. His 22 caused turnovers are at least double anyone else on the team, and has helped SU allow the second-fewest goals per game in the ACC.AdvertisementThis is placeholder textOne notable omission is Syracuse faceoff specialist Ben Williams, who leads the conference with a 64.2 percent clip at the X in 12 games this season. The nod was given to North Carolina’s Stephen Kelly, who’s won an ACC-best 184 faceoffs this season.The duo will clash on Friday at 6 p.m. when SU takes on UNC in the semifinals of the ACC tournament in Kennesaw, Georgia. Comments Facebook Twitter Google+last_img read more

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Dortmund Accepts €100million Ousmane Dembele Bid From Barcelona

first_imgGerman giants, Borussia Dortmund have accepted Barcelona’s €100million bid for wantaway forward, Ousmane Dembele.According to a Spanish news outlet, Sport, Barcelona are close to signing the 20-year-old Frenchman with discussions over additional €30million add-ons delaying the completion of the deal.On Thursday, Dortmund suspended Dembele indefinitely for missing Training Without Permission, with the club’s Sporting Director, Michael Zorc, saying: “Ousmane Dembélé missed training without notifying the club and has clearly taken this action consciously. We will obviously sanction him for this.”Dortmund turned down Barcelona’s previous bids for the youngster insisting that “Barcelona have presented an offer that does not match the extraordinary footballing and otherwise status of the player and also not the current market situation.”Barcelona are keen to replace worlds most expensive footballer, Neymar, who moved to PSG for €220million earlier this month, as the Catalan club prepares for La Liga title charge. RelatedBreaking: Dortmund Agrees £110m Ousmane Dembele Transfer Fee From BarcelonaAugust 24, 2017In “Europe”Dortmund Suspends Barcelona Target Ousmane Dembele For Missing Training Without PermissionAugust 10, 2017In “Europe”Barcelona’s Ousmane Dembele Will Not Play Again This YearSeptember 17, 2017In “Spain”last_img read more

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Gill to run for FIFA vice-president role

first_imgFollowing recent reforms by world soccer’s governing body, UEFA members will choose one of their vice-presidents from a list of candidates to be proposed by the four British associations. The 57-year-old Gill, who is a member of UEFA’s executive committee, will stand for election when European soccer’s governing body holds its congress in Vienna in March. “Although I had initially wanted to focus on developing my relatively new role within UEFA, I believe there is an opportunity, if elected, to use the FIFA position to make a real difference while complementing that ongoing work. Gill told the FA website (www.thefa.com): “This is a decision I have been thinking about for some time. The English FA has nominated Gill as its candidate and if elected he will replace Jim Boyce of Northern Ireland who is stepping down at FIFA’s Congress in Zurich in May after four years in the position. David Gill, the former Manchester United chief executive, will stand for election as a FIFA vice-president, he said on Tuesday. “Having sounded out many people across the game including fellow board members at Manchester United, The FA and UEFA, I would hope to make a positive contribution and use my candidacy to drive a debate for continued reform.”last_img read more

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