Jailed Kerviel is crushed

first_imgWednesday 6 October 2010 9:00 pm whatsapp Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap Show Comments ▼ Share Jailed Kerviel is crushed center_img KCS-content CONVICTED?fraudster Jerome Kerviel said yesterday he was “crushed” by his jail term for running up trading losses of €4.9bn (£4.3bn).In his first interview since he was handed a five year sentence, with two suspended, he said: “I’m starting to digest it, but I’m nonetheless crushed by the weight of the sanction and the weight of responsibility the ruling places on me,” adding it was like being “hit on the head with a club”.Kerviel has consistently argued that Societe Generale knew he had traded €50bn and actively encouraged risky behaviour.But a judge found no evidence of this as she handed down the jail term on Tuesday. Kerviel is still liable for the money he lost, despite the fact that, given his last salary at SocGen, it will take the former banker nearly 50,000 years to pay off the debt.He says he will appeal the decision. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Tags: NULLlast_img read more

UniCredit reaches a deal with unions as it seeks to cut domestic operations

first_img UniCredit has reached a deal with unions over thousands of lay-offs in Italy, ending a protracted struggle over a plan by the country’s biggest bank to streamline domestic operations.Under the deal, 3,000 UniCredit employees will get access to early retirement plans, the FABI banking union said. This comes on top of planned lay-offs for 600 staff and a further group of 1,100 employees, who are expected to leave the bank in 2014-15, it said. UniCredit has agreed to hire more than 2,000 new staff by 2013. The breakthrough comes a few weeks after Federico Ghizzoni was appointed at the helm of the bank, replacing Alessandro Profumo, who quit abruptly last month following a power clash with shareholders.“Negotiations were difficult,” said FABI secretary general, Mauro Morelli. “We are sure Federico Ghizzoni will not hinder the important results achieved.” Profumo, who turned the bank into a pan-European player through a string of acquisitions, had laid out the cuts as part of a plan to boost efficiency. Show Comments ▼ KCS-content UniCredit reaches a deal with unions as it seeks to cut domestic operations Monday 18 October 2010 7:42 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comcenter_img Tags: NULL whatsapp Share whatsapplast_img read more

…as Fed steps in again

first_img Tags: NULL whatsapp KCS-content …as Fed steps in again Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Q.WHAT IS QE2?A. It is the Federal Reserve’s second round of quantitative easing after its initial asset purchasing programme of $1.7 trillion started during 2009 and finished in March this year. This time, the Fed has announced a smaller programme: it plans to buy up $75bn’s worth of assets each month until June next year, for a total of $600bn – although it could adjust its stance in response to economic data. In order to make these purchases, the Fed essentially creates or “prints money”. The latest announcement is in addition to $250-$300bn of maturing debt from its last round of QE, which the Fed has said it plans to reinvest.Q.WHY IS THE FED DOING THIS?A. With interest rates at near zero, the Fed has run out of normal monetary policy tools with which to stimulate the US economy. QE is an attempt to lower long-term interest rates further and encourage lending and demand. The hope is that this will bring down the US’s 9.6 per cent unemployment rate and head off deflation.Q.HOW IS IT SUPPOSED TO WORK?A. It is not entirely clear. Last time, the programme worked in part by buying up toxic mortgage securities and taking them out of the market. But this time, the Fed is only buying bonds. Some argue that by pushing down US treasury yields, QE will make alternative assets more appealing and lower the cost of borrowing generally. Yields on 10-year treasury notes declined slightly yesterday to 2.57 per cent from 2.58 per cent yesterday, reflecting the extent to which the market had already priced in the announcement. In addition, QE affects exchange rates because it increases the supply of dollars and effectively depreciates the currency, making American exports more attractive. The dollar index slid to 76.4 from 76.7 yesterday.Q.WHAT ARE THE RISKS?A. The main criticism is that QE is likely to be ineffective while having numerous downsides. There is the possibility of a spike in inflation if the recovery gathers pace, which could destabilise the US economy and get out of control. In addition, critics say that creating money artificially pumps up asset prices, creating bubbles that will at some point burst and damage growth. Abroad, other countries see QE as a competitive devaluation, increasing the risk of currency wars and retaliation with tariffs. Show Comments ▼ Wednesday 3 November 2010 10:37 pmlast_img read more

UK wage settlements hit 2.2pc

first_img Share UK wage settlements hit 2.2pc More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULL Wage settlements in Britain hit their highest level in nearly two years at the end of 2010 but remained below inflation, a survey revealed yesterday. The median wage rise climbed to 2.2 per cent in the three months to November, compared to two per cent for most of last year, and the highest since the first quarter of 2009, according to Income Data Services. UK consumer price inflation hit 3.3 per cent in November. whatsapp whatsapp Show Comments ▼ Thursday 6 January 2011 7:25 pm KCS-content last_img read more

Man suffers after £700m withdrawal

first_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads KCS-content Show Comments ▼ SHARES in hedge fund manager Man Group fell yesterday after it revealed a single client had pulled $1.1bn (£694.4m) from its long only funds in the third quarter, despite analysts remaining upbeat about the company.Investors pulled money from its funds as well as from GLG Partners, the rival hedge fund group it bought in October last year.Yet Man still managed to grow its funds under management (FUM) to $68.6bn, boosted in part by the acquisition of GLG.The company added $2.7bn on to the $25.4bn taken on from GLG and the $40.5bn it already held at the end of its second quarter.Analysts say the loss of the $1.1bn investment would not impact on the future performance of the group, due to its relatively low basis point fee, and a suite of new products yet to be launched by the firm.Shore Capital analyst Paul Dobbin said: “It gives the impression of another quarterly outflow, yet there are signs elsewhere of things improving. Without that [outflow] I think there would’ve been a different story.“I don’t think anything changes in terms of the long-term story for Man Group.”The company, which started as a sugar broker in 1783, said it held a regulatory capital surplus of around $300m and over $1.8bn in cash at the end of last year.Chief executive Peter Clarke said: “With strong performance and a clear marketing focus for new and existing investment ideas, there is significant momentum for the business in the year ahead.” More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comcenter_img whatsapp whatsapp Thursday 20 January 2011 8:17 pm Man suffers after £700m withdrawal Tags: NULLlast_img read more

One in three graduates on dole

first_img Show Comments ▼ Thursday 27 January 2011 7:33 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldNews SharperGrab A Tissue Before You See Richard Simmons At 72News SharperDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmMoneyPailBurning Money: Common Cars Rapidly DepreciatingMoneyPailNext RefinanceFishermen See Animal On Iceberg, But Then Look CloserNext Refinance More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com KCS-content Over a third of graduates has claimed job-seekers allowance since leaving university, employment website Total Jobs said today. Almost half – 44 per cent – of surveyed graduates did not feel their university education had equipped them for the workplace, they revealed. And a quarter of respondents said they would not recommend higher education to students currently completing A levels. center_img whatsapp One in three graduates on dole whatsapp Share Tags: NULLlast_img read more

Consumer spending up in the US

first_img KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 31 January 2011 8:03 pm Consumer spending up in the US Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img whatsapp Tags: NULL whatsapp Share American consumer spending jumped higher than expected in December, official data showed yesterday. Spending was up 0.7 per cent, while personal income grew by 0.4 per cent. “This represents a very solid end to the year,” commented Peter Newland of Barclays Capital. With spending increasing at a greater rate than income, the savings rate fell by 0.2 per cent, to 5.3 per cent of disposable income. last_img read more

Global firms welcome relief on foreign earnings

first_img Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrapcenter_img Wednesday 23 March 2011 9:09 pm whatsapp Show Comments ▼ THE government has announced measures intended to lure multinationals back to the UK and has promised a review on the taxation of profits made outside the country.The Chancellor said during his Budget announcement yesterday: “I want Britain to be the place international businesses go to, not the place they leave.” He claimed that the measure will “give us a far more attractive system than France, America or Germany”.The headline change to Controlled Foreign Company (CFC) tax rules means that company units set up abroad in order to finance foreign ventures will see taxes on their earnings decrease to a minimal rate of 5.75 per cent by 2014, instead of being taxed as part of a firm’s overall profits.This is even lower than the previously announced rate of eight per cent, a change that PwC’s Claire Evans called “really exciting”.The government has also promised to review the taxation of foreign branches of UK companies so that they are taxed like subsidiaries of multinational groups, which have more generous tax terms under current laws.A full review of CFC rules is due to be published in May, with the Treasury currently consulting on the measures. The key issue is how the UK taxes profits that companies make abroad. While the Budget sharply reduced taxes on earnings made for financing foreign investment, it has yet to declare its policy on general earnings made overseas.The consultation is part of an effort to tempt back companies like WPP, Google, Wolsely, UBM and Shire, which have all moved their European headquarters into more tax-friendly domiciles. Global firms welcome relief on foreign earnings last_img read more

Inflation on course to rise

first_img Share KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Global inflation is set to rise to 3.8 per cent in 2011 from 3.4 per cent last year and could hamper growth perspectives for the world economy, research by Lloyds Bank Corporate Markets claimed yesterday. The World Economic Quarterly report forecast a moderate expansion for G10 economies to grow 2.3 per cent this year, and improve in 2012 to reach 2.7 per cent. It also predicts a steady and strong performance from emerging 10 (E10) countries, growing by 7.1 per cent this year and 6.9 per cent next year. Monday 18 April 2011 8:10 pm whatsapp Show Comments ▼ Inflation on course to rise Tags: NULLlast_img read more

The Starburst effect: how much do providers rely on golden oldies?

first_imgCasino & games With slots such as Starburst and Rainbow Riches still omnipresent across casino main pages worldwide many years after launch, iGaming Tracker’s Ken Muir assesses the reliance of the big providers on these titles Tags: Online Gambling Topics: Casino & games Marketing & affiliates Strategy Tech & innovation 24th May 2018 | By Stephen Carter With titles such as Starburst and Rainbow Riches still omnipresent across casino sites worldwide many years after launch, iGaming Tracker’s Ken Muir digs into the data to find out how the big providers rely on a few established titlesMost slots churn fast from operator homepages, prominent for just a few weeks before fading in popularity. Some games however stick’ on main casino homepages and retain their strong presence on sites worldwide.All major providers boast these types of games in their portfolio, which endure in popularity and on casino homepages for years. But how much do suppliers rely on a small number of these well-established games?To be clear, the analysis will only include content present on casino pages over time, and does not quantify the traffic to those sites or revenue. However, from this content share, it’s fair to assume that the revenue generated from these games broadly correlates.Turning first to NetEnt, the table below shows the position of over 150 of NetEnt’s games on the main pages of 262 sites from 1 March to 14 May 2018. The darker the shade of green, the newer the title. As you can see, the share of content is dominated by a few major titles.In fact, 35% of the total content share is spread across five games; Starburst, Gonzo’s Quest, Asgardian Stones, Hotline and Twin Spin.Starburst alone accounts for 13% of NetEnt’s total content share.What is perhaps more remarkable is the mix of newly launched games and old games. Many of the new games have a large content share. However, most of the big games are still the ‘Golden Oldies’. This pattern is not unique to NetEnt.SG Digital’s No 1 game, Rainbow Riches, accounts for 7% of their content share on the main pages. Their share is more distributed than NetEnt. However, similar to NetEnt, the majority of the big games are at least a year old. New games such as King Kong Fury have a large share. However it is likely that this will decline over the coming months, being replaced by more new game releases. But does this pattern vary across different countries and regions? We drilled down into the supplier data to see if countries had a contrasting mix of established vs. newer releases. The table below compares NetEnt content in a highly regulated market, Italy, with a very competitive dot.com grey market, Sweden. The Starburst effect: how much do providers rely on golden oldies? AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter As you can see from the heatmaps (again, the darker the shade, the newer the title) game distribution is far more even in the regulated market of Italy compared to Sweden.This would suggest that less open and competitive dot.country markets have less reliance on new game content and thus the share of new game releases is smaller. To conclude, the data illustrates the reliance by big suppliers on a relatively small amount of slot titles. In the main these popular titles are well entrenched. Whilst new game releases do have an initial impact, they tend to fade after a few weeks.This is an extract from this month’s iGaming Tracker analysis available as part of the iGB Intelligence Centre. You can request a free trial hereiGaming Tracker – how it worksiGaming Tracker tracks hundreds of casino sites worldwide every day. From this data it can ascertain which games are on which sites and where they are positioned on the pages. It can also measure the market share of casino games suppliers by percentage of “real estate” on casino sites at any given date.For more information visit www.igamingtracker.com or email [email protected] Email Addresslast_img read more