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P&G raises quarterly dividend by 10%


By Reuters Staff
1 Min Read
FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid
(Reuters) - Procter & Gamble Co raised its quarterly dividend by 10% on Tuesday to $0.8698 per share, payable after May 17.
The Cincinnati-based conglomerate has benefited from a coronavirus-driven surge in demand for cleaning products, and is expected to report its third-quarter results next week.
P&G had previously announced plans to buy back up to $10 billion worth of shares in fiscal 2021.
Reporting by Munsif Vengattil in Bengaluru; Editing by Devika Syamnath ....

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Florida Parimutuels Closer To Decoupling


By Will Althoff
Harness racing at Isle Casino Racing Pompano Park could soon be just a memory.
Florida s Senate Committee on Regulated Industries has voted in favor of allowing the state s parimutuel facilities to decouple.
The move would allow them to run card games without having to run quarter horse or harness races or jai alai matches.
Opponents say thousands of jobs could be lost.
The Senate Appropriations Committee is scheduled to take up the bill on Thursday.
  ....

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Bally's Lower After Unveiling Deals, Stock Sale, Quarterly Estimate


Bally s Lower After Unveiling Deals, Stock Sale, Quarterly Estimate
Bally s shares tumbled after the resort and casino operator unveiled a number of deals, plans to issue shares, and an estimate of first-quarter results.
Author:
Bally s  (
BALY) - Get Report shares tumbled Tuesday after the resort and casino operator unveiled two deals, plans to issue shares, and an estimate of first-quarter results.
The Providence, R.I., company said it would buy the Tropicana Las Vegas Hotel & Casino from Gaming & Leisure Properties  (
Bally s said it would acquire online-gaming company Gamesys JKPTF in a $2 billion deal. 
In addition, Bally s said it would issue $600 million of common stock and $250 million of equity units. The company said the proceeds would help pay for the Gamesys purchase. ....

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iTWire - University of Sydney explains how the gaming industry justifies in-game gambling


University of Sydney explains how the gaming industry justifies in-game gambling
Tuesday, 13 April 2021 00:20
University of Sydney explains how the gaming industry justifies in-game gambling
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With over 10% of gaming revenue coming from in-game gambling, such as loot boxes, the University of Sydney says game developers are operating in an increasingly competitive sphere, and are looking to in-game gambling to increase revenue, arguably to detriment of players.
As at last year, we re told the global gaming industry was valued at USD$162B (AUD$213B), with at least $20B (AUD$26B) of this revenue sourced from in-game gambling mechanisms.
Loot boxes – virtual lucky dips that players can purchase with real-life money – have become prolific: almost 60% of games in the Google Play store in 2020 contained them. ....

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Hong Kong police officer among 65 arrested in raid on illegal gambling den

The officer is one of three people suspected of running the underground poker room, while four stand accused of working as dealers. ....

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