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Categories: Letters to the Editor, OpinionEnjoyed article about 109-year-old womanYour May 7 story about Dorothy McClements and her family was such a nice way to start a day. Maureen VanHeusenSchenectadyMore from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?Motorcyclist injured in Thursday afternoon Schenectady crashSchenectady High School senior class leaders look to salvage sense of normalcySchenectady department heads: Budget cutbacks would further stress already-stretched departmentsTroopers: Schenectady pair possessed heroin, crack cocaine in Orange County Thruway stop
Submit Kristian NylénKambi Group Plc Chief Executive Kristian Nylén has stated that 2016 was the perfect period for his firm to test its services against its market competitors, detailing the high wagering activity recorded during the UEFA Euro 2016 football championships (June – July) and Rio Olympics (August).Publishing a forward-looking statement on Kambi’s ‘2016 Annual Report’, Nylen details that corporate governance has set itself the goal of ‘Winning by Outperforming’ its competitors on product delivery, market range and scalability of its platform provisions.“Once again, 2016 saw our operators outperform the market, increasing their turnover by 36%. We can only ever be as successful as our operators so to see them deliver such a positive performance is very gratifying for everyone at Kambi,” Nylén commented.Nylén points to the firm’s founding principles of creating betting platform and software provisions for Tier 1 clients, that has helped his firm separate its services within a crowded marketplace. These principles have served the company well in 2016, in-which Kambi ‘strengthened its commercial pipeline’ by adding LeoVegas, Mr Green, Rank Group UK, R.Franco Spain and Televisa Mexico as new clients.Kambi’s CEO states that servicing high caliber/ high demand operators that require proven and efficient platform scalability functionalities will help his firm lead the industry platform provisions sector, as more operators look for outsourced sports betting operations.Nylén continued: “2016 saw a general shift towards operators’ outsourcing their Sportsbook which created a higher demand for Kambi’s premium Sportsbook.“We have added five new operators in 2016: award-winning gaming groups LeoVegas and Mr Green, as well as the largest media group in Mexico – Televisa – and two of Europe’s most renowned gaming companies, Rank and R. Franco in the UK and Spain respectively.“Kambi believes in empowering its operators so that they not only benefit from the quality and scale efficiencies of Kambi’s Sportsbook, but also have the flexibility to differentiate their service, giving them brand distinction and flexibility.”Supporting its market leading ‘best in-class’ ambitions, Kambi now operates a team of 525 employees across its Pan-European offices of Stockholm, London and Bucharest. The firm further states that will roll-out new innovations to support its growing list of betting industry customers.“This Q4 2016, we also launched our first price differentiation tool to allow operators to offer different odds in different markets, giving them the flexibility to choose to strengthen their competitiveness in certain markets or to earn higher margins in others. It is a tool that has already been warmly welcomed by our operators, impacting positively on their revenues.” Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 Share Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Related Articles Esports Entertainment bolsters tournament capacity by acquiring EGL August 27, 2020 Share StumbleUpon
The establishment of the five-member Public Procurement Commission (PPC), which is currently marred by delays before the Public Accounts Committee (PAC), will see the phasing out of Cabinet’s role in giving its ‘no-objection’ to the procurement process.Junior Finance Minister, Jaipaul SharmaThis is according to Junior Finance Minister Jaipaul Sharma, who noted that before this could come into effect the Public Procurement Commission would have to be in place.However, he pointed out that in the absence of such a Commission, then in accordance with the laws, Government would now have to increase the ceiling on contracts’ value that Cabinet is required to give its no-objection on.As it is presently, the Procurement Act provides for Cabinet to review contacts exceeding the value of $15 million. However, the Junior Finance Minister hinted that this amount could increase to $40 million to $50 million.According to the law, Cabinet and the Public Procurement Commission, upon its establishment, shall review annually, the Cabinet’s threshold for review of procurement, with the objective of increasing that threshold over time so as to promote the goal of progressively phasing out Cabinet’s involvement and decentralising the procurement process.“In the interim, if the Public Procurement Commission is not established, Cabinet should have been increasing (the ceiling) every year… The law stipulates that Cabinet’s role should be phased out and by Government increasing the limit, is an indication that we are going to phase out,” he stated.Sharma noted that when contracts were before Cabinet for its ‘no-objection’, Ministers were very vocal and objective about their positions and this often resulted in the process being stymied.“If a Minister objects to (a contract), the project will have to go back to the tender board and be re-evaluated and then returned back (to Cabinet) and that in itself is holding it up. So the Public Procurement Commission is needed,” he stated.Minister Sharma was at the time speaking with reporters after the opening ceremony of a one-day sensitisation workshop on public procurement hosted by CARIFORUM and the National Procurement and Tender Administration Board (NPTAB) on Tuesday.During his remarks to the gathering, the Junior Finance Minister outlined that the delayed establishment of the Public Procurement Commission was not preventing Government from taking appropriate steps to ensure that there was a transparent and accountable procurement process.He noted that among the measures put in place by Government, in the interim, was increasing the limit on contracts processed at various levels, starting from the ministerial boards to the regional tender boards and then the National Tender Board.“Increasing limits assist the various boards to process larger amounts in terms of contracts so that they don’t have to send it to the National Board for considerations. So, at their level, they can facilitate that process,” he stated.Additionally, Sharma noted that Cabinet also looked at the proposal of increasing the number of evaluators available to Government. Currently, evaluators are made up of public servants such as Permanent Secretaries and Heads of Department.The Minister explained that “by increasing the number of evaluators, you make it possible for persons to meet on a regular basis so that they can evaluate and report to the various boards on that evaluation and the award will be made. So it’s an effort to speed up the process so contracts will be awarded …more speedily…”The Junior Finance Minister went on to say another step taken by Government to ensure transparency and accountability was the implementation of the ‘Bid Protest Committee’, which allows contractors who were not satisfied with the evaluation to make an objection to the process.He pointed out that already one company has made an objection to the Committee. That company is Cevon’s Waste Management Inc which filed objections to the award of the $221 million contract to Puran Brothers Inc for the management of the Haags-Bosch Landfill site at Eccles, East Bank Demerara.