Investors lap up 50-year bond; Insurers, pension funds line up to grab a share
The government’s auction of the first 50-year bond evoked a strong demand from investors on Friday as the Reserve Bank of India (RBI) received bids worth Rs 40,200 crore (4x) for these ultra-long bonds, against the notified amount of Rs 10,000 crore.
The RBI set a coupon rate of 7.46% on the new government security maturing in 2073 during the weekly bond auction.
The central bank received a total of 216 bids, majority of which were from insurance companies and pension fundsCome from Sports betting site. “It was very well received by the market because the cut-off yield was better than expectationsCome from Sports betting site VPbet. The market…
Rupee rises 6 paise to 83.28 against US dollar in early trade
The rupee stayed on upward track for the second straight session and gained 6 paise to 83.28 against the US dollar in early trade on Wednesday amid a weak American currency and foreign fund inflow in the domestic equities. Positive sentiment in the domestic equity markets and easing crude oil price also boosted the Indian currency, said Forex traders.
At the interbank foreign exchange, the rupee opened stronger at 83.30 against the dollar but slipped to 83.33. It later traded at 83.28 against the greenback, up 6 paise over its previous close. On Tuesday, the rupee rebounded from record low levels and settled 6 paise higher at 83.34 against the US dollar.
Also Read
Meanwhile, the dollar index…
Team SoloMid Renamed TSM FTX In $210 Million Deal With Crypto Firm
Update: DotEsports.com is reporting that TSM will not be allowed to use the FTX addition in its name for any Riot-sanctioned event in North America. According to Chris Greeley, interim commissioner for the North American League Championship Series, while the deal does not break LCS rules, “crypto exchanges fall under a category of sponsorship that carries activation restrictions.” Therefore, as Greeley told Dot Esports, “TSM’s new naming convention and FTX brand placement on TSM jerseys will not apply to the LCS or other Riot Games esports in North America.”
Original Story: You may have heard of a sports team selling the name of its stadium, but what do you do if you’re an esports organization with no stadium name to shop? Sell the team’s n…
The Rock Will Star In New Amazon Holiday Movie That Could Go Beyond The Screen
Dwayne “The Rock” Johnson and Amazon Studios are teaming up for a new holiday movie that could incorporate some kind of new way to reach “multiple industries and businesses.” The film is called Red One, and it’s written by Fast and Furious writer Chris Morgan.
Amazon said in an announcement that Red One is a “globe-trotting, four-quadrant action-adventure comedy, imagining a whole new universe to explore within the holiday genre.”
Sources told The Hollywood Reporter that Red One is “Santa-centric,” even though Amazon’s own announcement did not mention Santa Claus by name. No director has become attached to the movie at this stage.
Perhaps what’s most notable and unique about Red One is how it’s apparently trying to be more than a movie…
Caesars Entertainment Incorporated abandons South Korea development
American casino operator Caesars Entertainment Incorporated has reportedly sold off its interest in a $767 million gambling-friendly development it is was helping to build in South Korea.
According to a report from GGRAsia, the Las Vegas-headquartered firm partnered with Guangzhou R&F Properties Company Limited in 2016 in hopes of being able to open the envisioned 1.85 million sq ft Caesars Korea venue complete with a foreigner-only casino by the end of next month. The source detailed that the first stage of this five-star property due to be located near the port city of Incheon was also set to feature a 720-room hotel alongside multiple live entertainment spaces, exhibition facilities and a plethora of adjacent villas.
Subsequent setbacks:
However, this timeline r…
EveryMatrix license amended by Gambling Commission to see UK entry via Spearhead Studios
After recently revealing its new Miami commercial hub in the U.S., Malta-based B2B iGaming software provider EveryMatrix has now entered the UK market via its Spearhead Studios subsidiary.
The move is part of the St. Julian’s-headquartered company’s expansion goals in Europe and beyond and the direct result of a request to the Gambling Commission, which regulates commercial gambling and gambling websites in Great Britain, to amend its license to include Casino Host activities.
Market reach:
Having now expanded into casino content development and distribution in the European country, EveryMatrix is able to tailor game content to UK-operating online casinos. The amended license will see its Spain-based iGaming developer Spearhead Studios make its rapidly-grow…
Digital Gaming Corporation takes online slots suite live with GoldenNuggetCasino.com in New Jersey via new partnership deal
In a continuing effort to increase its presence in the Garden State, online gaming solutions provider Digital Gaming Corporation (DGC) has inked a commercial deal with what it lauds as a “perfect multi-state partner,” after launching its suite of online slot games in New Jersey with Golden Nugget Online Gaming.
Courtesy of the new partnership, customers at GoldenNuggetCasino.com will now have access to the developer‘s fan favorites, including titles such as HyperStrike and 9 Masks of Fire, each of which has already proven popular with players in the northeastern U.S. state, along with other hit releases Adventures of Doubloon Island, HyperGold and Assassin Moon.
Promising partnership:
In a press release, Neil Whyte, Chief Com…
EveryMatrix’s new JackpotEngine gamification solution to offer endless jackpot options to operators; new development hub in Bucharest under construction
B2B iGaming software provider EveryMatrix has launched its new gamification solution, JackpotEngine, which “perfectly complements” its CasinoEngine and SlotMatrix casino solutions, to offer “endless jackpot options” to operators.
According to the provider, the new module for the casino vertical offers a comprehensive set of configurations that allows their operator partners to manage complex jackpots and boost the level of players’ betting experience.
Functions and availability:
With JackpotEngine, operators are able to create their own jackpots for any games across whatever casino vertical and player segment they choose, offering them total control of game selection where the jackpot is available. Furthermore…