He was brought to the Kabankalan City policestation, where he was detained and charged./PN BACOLOD City – Suspected shabu valued ataround P200,000 was seized in a buy-bust operation in Barangay 2, KabankalanCity, Negros Occidental. Alfredo Bustamante III, 40, yielded thesuspected illegal drugs, a police report showed. Prior to his arrest, Bustamanteallegedly sold a sachet of shabu to an undercover officer around 9:45 p.m. onDec. 17.
Submit Share StumbleUpon Scott Longley – Confusion reigns over FDC’s second betting rights deal July 14, 2020 Share Related Articles DraftKings CBO – Industry ‘only just scratched the surface’ of US sports betting July 16, 2020 BetInvest: The benefits of separating esports betting markets August 7, 2020 Scott Longley – Clear & Concise MediaSports leagues and governing bodies have emphasised the distribution of their data rights through ‘official partnerships’, sanctioned by chosen tech partners. Adjusting to digital disruptions across all media and entertainment verticals, the debate on sports data rights should not be handled as a black-or-white matter…________________Arguments over sports data – who owns it, who distributes it, who uses it – have become more heated in the past couple of years, maybe not coincidentally since expanded regulated sports betting became a reality in the US.These questions on ownership and rights go to the heart of some of the disputes that are affecting the data supply arena in both Europe and the US right now.For the sports, the simple yet misleading answer to the questions of who owns the data is that they do. Simple, because it seems to make logical sense – they are the sport, whether that is a league or a governing body, and therefore what is produced is their’s to keep.Yet, such a simple premise is misleading, because in law there is no copyright over the actual fact of what has happened in the field of play. A team or player scoring a goal or points against another team does not constitute a copyrightable piece of information.The essential building blocks of today’s data rights and distribution landscape have long been put in place in Europe and yet still arguments rage over essentially settled legal points such as the influence of the EU’s ‘Database Right‘.It is why sports have consistently lost out over claims that fixture lists have any inherent copyright attached and it is why there are numerous pieces of case law which have together established this basic fact.It is only when an element of extra work or investment in resources is added to the basic data that database rights come in to play. This is, in essence, why the Database Right exists. It protects those who put the effort into collecting and distributing data, giving them legal protection over the investment that they make and what they organise and relay. This right is not exclusive to sports and it applies to anyone putting in that effort.Now, to start adding the layers of complexity, we need to see official data deals against this legal context. While having an official stamp regarding data can provide a competitive edge, it is not an absolute necessity. This, of course, has become a contentious area on both sides of the Atlantic where sports are looking at different ways and means to force bookmakers to use the official product, either through legislation or through restriction of alternative data sources.Rights at IssueWhich brings us around to where the real sparks are flying currently in Europe around exclusive data deals. Any sport is wholly within its rights to ask for an exclusive official data deal, but that exclusivity doesn’t mean they have the right to foreclose all other arrangements for the collection and distribution of data related to that sport.While they may wish to enforce property rights to refuse entry to the stadia – itself a point of conflict that may or may not pass muster in the courts –they can’t stop data being collected legitimately by any other means.Arguably, also, such attempts are detrimental to their own economic interests. In attempting to squeeze more out of data deals by creating an exclusive premium product, a sport will be cutting off potential revenues from other suppliers and their downstream customers who may wish to have an official product but for whom the singular premium feed does not make commercial or economic sense.To be clear here claims that other suppliers are somehow ‘stealing -or-pirating’ data when supplying unofficial or what might more properly be termed open-source data is legally misleading. These other suppliers are often more than willing to pay for official access or accreditation but they are being denied the opportunity by sports insisting on one exclusive arrangement and a single ‘source of truth’. In pursuing such deals, sport is often cutting off its nose to spite its face, leaving money on the table that could otherwise be benefiting its constituents.This all matters because ultimately such measures also only act to hold back on innovation in data supply to the bookmakers with the ultimate loser being the consumer. Multiple licensee official deals also act as an insurance in terms of integrity, where multiple data sources mean avoiding the risks associated with a single point of failure or potential corruptibility.The arguments currently raging over official and exclusive data are more than just old news; they are harmful to the relationship between betting and sport and ultimately lead to damaging allegations of impropriety where none exists.For the good of all concerned as well as public perception, it is maybe time for the operators, the sports and their suppliers to agree a system of distribution which balances their respective interests and is designed to allow each participant to rise above the squabbles and set the framework for the future relationship between the two sectors.__________________
The Managing Director of the Liberia Telecommunications Corporation (LIBTELCO), Sebastian Muah, has clarified that the price tag on the transaction between Novafone and Libtelco is US$10.4 million, not US$30 million as it has been reported.Director Muah made the disclosure at the Ministry of Information’s regular Thursday press briefing held on Capitol Hill in Monrovia.He said, “The acquisition of 100 percent shares in Novafone means Libtelco can do what it needs to foster its commercialization and strategies; and it means Novafone continues to run, but with a new management team and direction.”Expanding on the benefits of the agreement, Director Muah said with the acquisition of Novafone, Libtelco will also maintain the current license, which costs US$1 million a year or US$15 million for 15 yearsHe said the value of the remaining cost on the license is about US$12 million.“Novafone has a competitive asset that will allow Libtelco immediate national coverage and provide immediate competition… the manufacture of the core network of Novafone put the replacement value on its equipment with still 10 years remaining.“US$11 million depreciated over the last three years would net to about $8-9 million,” Director Muah said.He said the cost to build over 100 sites for Novafone across the country would cost over US$5 million, including a fully online site without access to network equipment. Libtelco, he said, would spend over 24 months to get access to the network.“Novafone has active subscribers base between 90,000 in a month and 190,000 in a three month period. These subscribers pay on the average US$3-5 per month. Telecom’s valuation takes into account customers. Despite all the challenges, Novafone’s revenue for the last two years exceeded US$4 million,” the Libtelco boss said.He said Libtelco saw an opportunity to acquire the network and use Novafone as the vehicle because Libtelco intends to accelerate the revenue growth, which continues to rise year by year.“Our focus is to increase the operation’s profit margin. Since Novafone was not experiencing losses due to the decline in revenue, it continues to increase in its operational costs. We also saw it as a way to accelerate Libtelco’s market access immediately and not wait for 24 months down the road,” he said.On the impact on the government and Liberians, who are owners and customers, Director Muah said Libtelco’s license extends to 2030 and its equipment lifespan extends to 2026.“For the next ten years, provided we do not divest our plan, the government stands to save over 70 percent of its current budgeted telecom cost, which is right now valued at US$5-7.2 million per year. That’s US$50-72 million in 10 years. It also means the government can now boast of having a national infrastructure to provide the kind of service and system that is required to transform Liberia,” he said.Director Muah said the government will be able to bring online not only emergency systems, but financial systems that would take cash out of people’s hands and make financial transactions traceable.Meanwhile, he said Libtelco, with stringent measures, will be completing the proverbial fiber ring in July this year from operating revenue, and not subsidies or loans.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
CRIME UPDATE: One man has been charged and another two are still in Garda custody after a suspected burglary gang were caught in St Johnston.The gang were caught following a search of fields in the St Johnston area yesterday.It follows three attempted burglaries on the Ballylennon Road in which electrical goods, cash and car keys was taken in the early hours of yesterday morning. The man, who is in his 40s, was bailed and will appear at a future sitting of Letterkenny District Court.The other two men, who are both in their 30s, are still being quizzed at Letterkenny Garda station.Gardai have thanked the local public for their co-operation following the attempted break-ins.Locals in the St Johnston and Raphoe area have come together in recent weeks to form a very active community alert scheme. ONE CHARGED AND TWO BEING QUESTIONED FOLLOWING ST JOHNSTON BURGLARIES was last modified: July 19th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:burglarydonegalGardaiSt Johnston