Update March 2, 2016: Since we first published this story, back-of-the-field GOP runner Ben Carson has announced which he views 'no path forward' in their 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 stumbled on their senses got a huge splash of chilled water on Super Tuesday. Sweeping most of a substantial lead to his races, the Donald proved he is 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 function as firewall to the billionaire's campaign, Super turned instead into an accelerant for Trump's race to the White House tuesday.
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 swing state Virginia, and the Bible Belt's Arkansas and Alabama by end of day. Trump also took Massachusetts, Vermont, and Tennessee.
Texas Senator Ted Cruz managed to rally his valuable house state, also as Oklahoma and Alaska, while Florida Senator Marco Rubio scored his first success in Minnesota.
'This happens to be an amazing night … it is really been great,' Trump said during a press conference that is victory. 'It had been a really night that is tough Marco Rubio … he is a lightweight.'
- 1 Paddy Power Slapped by Regulator over Bad Anti-Money Laundering Measures
- 2 Amaya Sets Parameters with CEO David Baazov and Withholds Revenue Projections as Takeover Talks Continue
Clinton Keeps Pace
Super Tuesday was supposed to be Cruz's night, as the religiously conservative senator was hoping to pounce in the southeastern United States' greatly evangelist base that is christian. Rather, voters largely went for the twice-divorced Manhattanite in Trump.
That takes the 2016 presidential battle one giant step closer to the showdown that's been impending for weeks: Hillary Clinton versus Donald Trump into the basic election.
Tuesday ended up being no surprise on the side that is democratic, because the frontrunner extended her lead over challenger Vermont Senator Bernie Sanders. Like Trump, Clinton took seven states in all to Sanders' four.
In her victory speech at the end for the day, Clinton didn't waste time in attacking Sanders. Instead, she went after her likely GOP challenger.
Taking a jab at Trump's 'Make America Great once more!' motto, 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 have been no surprise that is spotlight on Tuesday, with several events 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 winning Texas and Rubio sweeping Minnesota for their debut victory only put Trump closer to securing the GOP nomination.
The two challengers that are main Trump doubled down late Tuesday, reiterating they aren't dropping out to support each other. And Ohio Governor John Kasich and previous neurosurgeon Ben Carson, operating 4th and fifth respectively, said they too aren't suspending their campaigns.
Rubio and Cruz, perhaps oddly, talked night that is last if these were the big winners.
'So long as the field remains divided, Donald Trump's path to the nomination continues to be much more likely,' Cruz claimed. 'For the candidates that have maybe not yet won a state … we ask you to prayerfully think about our coming together.'
Rubio said of their runner-up finish in Virginia, 'We basically fought Donald Trump to a draw despite having to talk about the ballot having a quantity of those 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 new existence as one half of Paddy Power Betfair with a strong scolding from the UKGC. (Image: twitter.com)
Irish bookmaker Paddy Power is used to having its wrists slapped by Britain's Advertising guidelines Authority by now. The company that is controversial revels in the notoriety its risqué advertising brings, and it understands that some condemnation comes with that truth.
But a report published week that is last the UK Gambling Commission (UKGC) details transgressions that are far more harmful to the business's reputation than the casual off-color television spot about blind soccer players throwing 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 at the business's land-based gambling shops whom were discovered to have laundered money through the bookmaker's fixed-odds betting terminals (FOBTs).
Customer Fraud Conviction
The report also found that the operator had failed to take 'reasonable steps' to ascertain the supply of a few of its online customers' gambling funds, citing an example of a customer whom was later convicted of fraud.
Bank worker Mark Cooney had been sentenced to 28 months in prison in September, after pleading guilty to stealing very nearly £250,000 ($348,000) from the records of elderly or customers that are deceased order to fund his gambling addiction.
Paddy energy 'made no direct inquires' about where his money came from, the regulator said.
The gambling company stated it had flagged Cooney as 'medium risk' and suggested that further information be obtained, but no action ended up being taken. The operator acknowledged that it neglected to follow its diligence that is due with respect to checks on clients.
In a case that is third betting shop senior staff were found to have encouraged a problem gambler to keep betting until he had lost five jobs and became homeless.
When the man, understood only as Customer A, finally began to make fewer visits to the shop, an employee that is senior junior staff that 'steps should be studied to increase Customer A's visits and time spent in the gambling premises.'
£300,000 in Fines
'This was grossly at odds utilizing the licensing goal of preventing people that are vulnerable being exploited by gambling,' stated the Gambling Commission.
Paddy Power, which last thirty days completed its €10 billion merger with Betfair, will make a voluntary payment of £280,000 to a 'socially responsible' cause, plus £27,250 to the Commission to pay for the investigation.
It is also needed to submit its anti-money-laundering procedures to a third-party review and to bolster its customer checks.
'The historical failings outlined in this report were clearly unacceptable,' said a representative for the Paddy Power that is enlarged Betfair.
'Paddy Power has since dramatically strengthened its procedures that are internal staff happen retrained to make sure these procedures are implemented effectively. Paddy Power Betfair takes its obligations extremely seriously so we have cooperated fully utilizing the Gambling Commission at every stage of this procedure,' the company representative added.
Amaya Sets Parameters with CEO David Baazov and Withholds Revenue Projections as Takeover Talks Continue
Amaya CEO David Baazov is wanting to take back their company that is own 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 statement that is cautionary investors this week. In it, the business reveals that the company that is montreal-based perhaps not be creating 'earnings guidance' with respect to its 2016 financial performance, in light of CEO David Baazov's continued takeover negotiations utilizing the firm.
While Baazov and their unannounced partners have actuallyn't officially produced proposition to simply take the company right back private, Amaya stated its Special Committee assigned to handle the arbitration, along with its Board of Directors' Audit Committee, found in conclusion that publishing fiscal projections wouldn't 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 act as financial consultant to your Special Committee . . . to assist in considering any proposal that will be forthcoming, aswell as other alternatives that may be available to Amaya.'
Amaya also announced it has implemented limitations on what its CEO handles confidential information during the discussions. Especially, Baazov is prohibited from sharing such intelligence with any outside prospective partner.
The headlines that Amaya will not be posting quarterly income estimates going forward may appear insignificant, nevertheless the truth is, the development poses severe risks to its general share value casinopokies777.com.
Traded on both the Toronto Stock Exchange in Canada and NASDAQ in america, guidance reports on a company's future earnings 'can have an influence that is major analyst stock ratings and investor choices to purchase, hold, or sell' according to Investopedia.
Amaya stock unsurprisingly fell on Wednesday on the news headlines of guidance being omitted for the moment. Stocks dropped by 2.49 percent on NASDAQ to a closing price of $14.47.
No Parental Guidance
The company foregoing forecast earnings isn't all bad news, though. In reality, in hindsight, it would have been good if Amaya hadn't released that given information in 2015.
Final August, during its 2nd quarter outcomes, Amaya reaffirmed its year-long 2015 income projections, a choice that would get back to haunt the gaming company in November.
Blaming sets from the strengthening dollar compared to the Euro to the severe economic slowdown in Greece, Baazov fessed up that his company was planning to fall 13 percent short of those approximations.
Amaya stocks plunged 32 percent on the news shortly thereafter. In only 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 centered on business-to-business gaming solutions before attracting investors for the $4.9 billion takeover of Rational Group and its subsidiary PokerStars, today owns 18.6 percent of Amaya's outstanding shares.
His expected offer of $15.65 per share to take the business off the public exchanges and personal again values the organization at around $2.8 billion. Perhaps not so ironically, that's just below the $2.9 billion Deutsche Bank, Barclays, and Macquarie Capital provided in credit financing to Amaya for the Rational buyout.