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CBD Oil: A Frontier Market Investors Should Now Ignore

Legal cannabis has been one of the fastest-growing markets of the decade. According to a report from Arcview Market Research and BDS Analytics, “State of the Legal Cannabis Markets,” between 2018 and 2024, the estimated value of products sold within licensed establishments is predicted to exceed the $40 billion mark.

This rapid rate of growth is one of the main reasons why investing in marijuana stocks had become so popular – and a niche that has gained some of the biggest traction is CBD.

There have been all sorts of medical reports showing its vast potential benefits, ranging from improving skincare and pain relief to helping to cure cancer.

However, US investors are now better off avoiding the CBD market and here’s why.

But first, a bit of background.

 

Wall Street Loves CBD

Cannabidiol (CBD), along with tetrahydrocannabinol (THC), is one of the main two compounds produced by the marijuana plant. Unlike THC, CBD does not have any psychoactive properties but has a plethora of perceived health benefits.

For example, CBD Kyro details the story of a young girl named Charlotte Figi from Colorado. She was born in 2006 with a form of chronic epilepsy known as Dravet Syndrome. After exhausting all modern medicine, her parents turned to cannabis to treat their daughter’s illness when she was just 5 years old.

The results for this were almost instantaneous, with Charlotte’s seizures stopping almost instantly after she had consumed a small dose of CBD oil extracted from a high-CBD cannabis strain.

This is just one of many cases where CBD has helped to treat some serious conditions.

But note the importance of the term “perceived” health benefits mentioned previously. This is because the FDA has only approved one medical use of CBD, namely Epidiolex, for treating rare forms of epilepsy. There is still a lot of research needed before it can be categorically stated that CBD can be used for treating several ailments.

But this has not stopped the public from using it. Particularly in North America, many people have bought into CBD-based products. According to the Brightfield Group, CBD sales in the US alone are predicted to increase from $591 in 2018 to $22 billion by 2022. This represents a 147% growth rate per annum.

One of the reasons behind this massive growth was the passing of the 2018 Farm Bill. This key piece of legislation made the industrial production of hemp legal at the federal level. Considering hemp is rich in CBD, this was a big deal.

As reported by Daily CBD Mag, the more that scientists and researchers look into CBD and its benefits, it becomes increasingly likely that we’ll find more reasons to use it, leading to more products becoming available.

As a result, some large Canadian cannabis businesses have made their way south of the border to join in. Of the 14 major Canadian cannabis growers, 6 have announced that they plan on entering the US market. 3 more are expected to announce their own plans within the next 12 months.

In their eyes, the opportunity is too big to miss out on right now. Combine this with the fact that CBD products like CBD oil, flawless cbd, edibles, topical applications and even foods and drinks are priced far higher compared to dried cannabis, and you can start to see why they are so eager to sell in the US.

Unfortunately, while on the face of it, the CBD market looks like a very lucrative business, there’s one aspect that investors are failing to notice – and it’s the very reason why you should now be ignoring this market:

US hemp and CBD hemp oil is heavily crowded compared to what the Canadian companies are used to dealing with.

 

The US CBD Market Is More Competitive Than Investors First Thought

Here is a selection of cannabis companies expected to enter the US CBD market:

  • Canopy Growth (NYSE: CGC)
  • HEXO (NYSE: HEXO)
  • Tilray (NASDAQ: TLRY).

And now here’s a brief summary of their plans:

  • Canopy Growth are dedicating $150 million to a hemp-processing facility in New York State. They have also acquired ebbu to help with the production of CBD derivatives.
  • HEXO have formed a US subsidiary company. They have published reports stating their plans to enter 8 US states in 2020.
  • Tilray acquired Manitoba Harvest in March 2019. This gives them access to a distribution network north of 16,000 stores, as well as a direct method for selling CBD products in the US.

Now, while their plans to enter the US market and reap the rewards of a booming market sound exciting, they are overlooking how now that industrial hemp is legal to produce in the US, established brands like Charlotte’s Web are already taking advantage too. This could make it very difficult for these Canadian businesses to get a stronghold of the consumer base.

To make things worse for the above-named companies, smaller US businesses in the legal cannabis and CBD industry can now access legal financing options from banks and investment firms. As a result, what was once considered an advantage for the large Canadian corporations has now become a level playing field.

On top of this, general stores in the US will no doubt get involved in the act, causing further disruption to the market. Arcview and BDS Analytics reported that two-thirds of all CBD sales were still occurring in licensed U.S. dispensaries as of 2018. But by 2024, it’s expected that 70% of all CBD spending will move to general retail stores. 

This comes as a big blow to companies like Canopy, HEXO and Tilray as they rely on their branded licensed dispensaries for sales – this approach is not quite the best way to succeed in such a diverse environment

Of course, CBD could still end up being a very profitable venture for Canadian companies in the US market. If they didn’t think it could work, they wouldn’t have bought assets like processing facilities, etc.

If you are interested in looking at some of the biggest US CBD companies, Gift Wits has compiled a convenient list to check out.

However, blindly thinking that because Canadian pot stocks were profitable investment opportunities north of the border does not guarantee they will bring the same levels of success in the US. Given how diverse and the sheer amount of competition already here, Canadian businesses face an uphill task.

Coolest Hotels Around The Nation Quick Guide

When you start planning a vacation, one of the most important pieces is figuring out where you are going to stay.

More often than not, you are going to pick a hotel because they will have pretty much everything you are looking for, from bed and breakfast to WiFi.

But there are some hotels in the US that are just a cut above the rest, whether it’s the number of amenities on offer or just the atmosphere you feel while you’re there.

Like in popular Sonesta hotels near Colorado, once you arrive, you will never want to leave.

Here are some of the coolest hotels around the nation.

Halekulani, Honolulu, Hawaii

This may not be inland, but it is certainly one of the coolest hotels around the nation.  When you think of Hawaii, your mind automatically goes to gorgeous beaches and chilling out to the max. At Halekulani, you would be right. It’s situated on Waikiki Beach, one of the best places on the entire island. What makes it really cool is it remains Zen-like due to the beautiful gardens that surround it. The rooms are pretty low-key too, with all the features assembled to focus on the ocean views. To top it all off, its beachfront freshwater pool has an orchid at the centre, made from 1.2 million pieces of blue glass. Truly stunning.

Amangiri Resort, Canyon Point, Utah

Utah may not be one of the first places that come to mind when you think about cool hotels – but this is precisely why it makes the list. The Amangiri Resort at Canyon Point embraces its desert setting, something that many others would avoid. To sum it up in one feature, its main pool wraps around a giant piece of sandstone. Further, once you step inside, you’ll notice the rough timber furnishings and a brownish color scheme, adding to the overall theme. That being said, you can still expect a luxury stay here. The suites also have breathtaking views of the desert – cool right?

Trump International Hotel And Tower, Chicago

This is one of the coolest hotels in the US for one simple reason: it’s rooftop bar. As mentioned by CoolThingsChicago, it has stunning views over the Chicago area. You will see most of the city’s biggest landmarks across the skyline and can enjoy the environment around you. There are also both full indoor and outdoor sitting areas to relax and enjoy a nice evening drink or some breakfast the next morning. The seating is very comfortable, with stools, couches and lounges all available. So, whether you’re out with friends or having a romantic time with a loved one in Chicago, be sure to try out Trump International Hotel and Tower.

Aria Hotel, Las Vegas

You can’t talk about the coolest hotels around the nation without mentioning the city with some of the biggest properties in the world. Las Vegas is home to the most famous names but it’s the Aria, in particular, that takes the crown. According to Vegas For All, the Aria is the highest-rates property in Las Vegas, but it’s not hard to see why. Aria is all about luxury and you they spare no expense to give you the best possible stay. It looks amazing and they have all sorts of things to do there, from concerts to world-famous performances – oh, and there’s the casino of course.

Lotte New York Palace, New York

Next up is the Lotte New York Palace New York. It’s been newly renovated after being bought by Lotte for more than $800 million back in 2015. You can certainly say that it’s been money well spent. From the outset, the whole experience is very impressive. When you enter the lobby, you will bask at the crystal chandeliers that hang overhead in the high coffered ceilings. The windows are stained-glass to enhance the luxurious sensation – and these windows have been made by Tiffany no less. You can expect just as much from the rooms too, from the marble bathrooms to plush decor. It’s really cool and has even made appearances in shows like Gossip Girl.

The Roosevelt, a Waldorf Astoria Hotel, New Orleans

Moving South, The Roosevelt is another very cool hotel that you must see if you’re in the area. Sure, some of the hotels may be newer, but none of them can match this hotel in terms of beauty and style. It first opened way back in 1893, so it’s full of history. The decor is full of an era gone by, demonstrated by its gold-gilded pillars and original floor mosaics. But what’s really cool is that these were discovered during renovations after Hurricane Katrina. There is also the legendary Sazerac Bar, where the cognac-based cocktail originates, to enjoy. You can find this in the lobby.

The Setai, Miami Beach, Florida

Miami Beach is one of the coolest places in the world, so it hardly comes as a surprise that a hotel in this part of the country makes the list – namely The Setai.  Thanks to its high-rise appeal and unique architecture, it’s less of a beachfront resort and more of an urban hotel. This makes it a welcome change compared to its self-absorbed and flashy neighbors. Once you’re there, the suites are much more sophisticated than you’d expect too. There are also three pools, each heated to different temperatures and they are no more than a few steps from South Beach itself – perfect!

Post Ranch Inn, Big Sur, California

To conclude the coolest hotels around the nation comes the Post Ranch Inn, California. What sets it apart from the rest is that it’s situated right on top of a cliff, surrounded by redwood forest. One awesome feature of this hotel is that it’s super eco-friendly! Another is that each of the dwellings gives you an unprecedented panorama of the Big Sur coastline. It’s unlike anything you have ever seen. Plus, you’re kitted out with great amenities like hot tubs, private terraces and outdoor showers. Back at the hotel are heated and award-winning spas to keep you relaxed all day long.

Operation Condor 2.0 – Expanded

By Peter Koenig

According to US Secretary of State, Mike Pompeo, the US will help “legitimate governments” in Latin America, in order to prevent protests from “morphing into riots”.

From what we are seeing this “legitimization” may be expanded to rest of the world. Because Washington instigated destabilizing unrest goes on throughout the world. We may as well call it “Operation Condor 2.0 – Expanded”. It promises to become devastating, oppressive and murderous on all Continents. A transformation from whatever ‘freedom’ may have existed to neoliberal dictatorships bending towards neofascism.

The original “Operation Condor” was a campaign by the United States to bring ‘order’ into her backyard, i.e. Latin America. In other words, it was a repressive move that started in 1968 and concluded around the time of the fall of the Berlin Wall. We are talking about more than 20 years of right-wing repression, especially but not exclusively directed on the Southern Cone of South America.

It included such military dictators like Jorge Rafael Videla in Argentina. He came to power in 1976 by a US supported military coup, deposing Isabel Martinez de Perón. Comandante Videla stayed in power during five years until 1981, period in which he brutally oppressed Argentinians, especially the opposition. It is reported that during this period more than 30,000 people ‘disappeared’ – never to return. They were tortured and killed. Some of the dissidents were dropped from helicopters into the Rio de Plata.

Another, better known dictator was Augusto Pinochet, who was directly helped by the CIA and then President Nixon’s National Security Adviser, Henry Kissinger – to overturn the democratically elected government of Salvador Allende in a bloody coup on 11 September 1973. Pinochet introduced as a first in Latin America neoliberal economics through a group of economists from the Economic School of Chicago, the so-called “Chicago Boys”. The resulting austerity brought extreme poverty and famine to Chileans. The ensuing 17 years were a horror, with over 40,000 people ‘disappeared’ or outright murdered.

“Operation Condor 2.0 Expanded” – Expanded refers to similar violent protests going on in other parts of the world – practically simultaneously. Take Lebanon, Iraq, Iran, Ukraine, Afgnaistan, and now France.

Other countries that went through one or several “Operation Condor” cleansings, included Ecuador, Colombia, Brazil, Bolivia, Uruguay, Paraguay, Guatemala, Honduras, El Salvador and possibly others. It was a despicable and deadly period for Latin America. In all, an estimated 80,000 to 100,000 people were killed and some 400,00 taken as political prisoners.

Secretary Pompeo’s words could not be clearer. He added that protests in Bolivia, Chile, Colombia and Ecuador reflect the “character of legitimate democratic governments and democratic expression. We’ll work with legitimate governments to prevent protests from morphing into riots and violence that don’t reflect the democratic will of the people.”

Not to forget any invented villains, he added, the US will “continue to support countries trying to prevent Cuba and Venezuela from hijacking those protests.” He went on accused Russia of “malign” influence in Latin America and of “propping up” the democratically elected Venezuelan government of Nicolas Maduro.

Such remarks come after the US-led November 10 military coup in Bolivia. Amazing that nobody dares stand up and answer him. Are all afraid?

And this especially in the light of having in Bolivia now an opposition dictator, the self-declared interim President (much like Venezuela’s Juan Guaidó),Jeanine Añez, who acts with impunity following fascists and racist orders from Washington – indiscriminately killing her own country-women and men – who happen to be indigenous people. Although she promised new elections, Añez has not set a date, but rather is undoing almost everything Evo Morales has achieved for the people of Bolivia, by privatizing public assets and services, as well as abolishing social safety nets by decree.

Pompeo concluded by saying there remains an “awful lot of work to do” in the region, meaning Latin America as the US’s “back yard.” He also warned against “predatory Chinese activities” in the region, which he claimed can lead countries to make deals that “seem attractive” but are “bad” for citizens.

The new repression that we see in Latin America is not homogenous. In Chile at the surface it looks like the protests started over a metro-fare hike of the equivalent of 4 cents (US-dollar cents) – and then expanded violently to oppose political and economic injustice in Chile, directed against Chile’s neoliberal President, Sebastian Piñera. In Bolivia protests are against an US-induced military coup; in Ecuador they are directed against an austerity-inflicting IMF loan, in Colombia, they appeared suddenly against the corruption and injustice of the Iván Duque presidency; and in Brazil, against the neofascist austerity reforms by Jair Bolsonaro. Copy cats? What’s good for our neighbors, is good for us? – I don’t think so.

It looks much more like a concerted effort by the US to enhance and bolster protests from whatever side they come, to be able to install fully repressive governments, of course, with the help of the US and her secret services – funded by the usual NED (National Endowment for Democracy) and other NGOs that would help install within the respective governments strong 5th Columns, so as to detect early warning signals and crackdown in time on any opposition.

“Operation Condor 2.0 Expanded” – Expanded refers to similar violent protests going on in other parts of the world – practically simultaneously. Take Lebanon, Iraq, Iran, Ukraine, Afgnaistan, and now France – no matter from which side they come – repression and state of siege, if necessary, are of the order – total repression, that is. All with the help of the US – and, not to forget NATO. This is certainly a key justification to keep NATO alive – to avoid opposition to spread and to risk abolishing the faltering US hegemony.

The rogue nation and bulldozer won’t stop necessarily in front of your borders. To the contrary, they may seek any entry they can get – as they are already doing in China with Hong Kong, not letting go despite the various concessions already made by HK’s Chief Executive, Carrie Lam, supported by Beijing.

We are, indeed, in the midst of a new “Operation Condor”; or “Operation Condor 2.0 – Expanded”. Full repression worldwide. In preparation of the next planned global recession, planned by the US-led western banking and financial sector. A recession that will likely outdo whatever we have known in the recent past, and make the 2008 /09 downfall look like a walk in the park. The repression now, it is hoped, will prevent people from going on the barricades when they suffer the next cut in salaries, pensions and other social services, already at an unlivable level.  Authoritarianism and tyranny must be efficient and total with a para-military police, enhanced by the armed forces, if necessary. It’s going to be another transfer of assets and social capital from the bottom to the top.

This has been sensed perhaps intuitively by the French – who have been protesting in the form of Yellow Vests against Macron’s regime for more than a year – and now in the form of a CGT- syndicate organized open-ended general strike. Repression is massive – an estimated 1.5 million people in the streets of the major French cities, all public transportation disrupted. There have even been rumors that the police forces may also join the strike, because they realize they are part of the oppressed and abused by Macron’s neoliberal austerity policies. This is reflected by the four times higher suicide rates among police officers, as compared to the average French.

China and Russia beware. The rogue nation and bulldozer won’t stop necessarily in front of your borders. To the contrary, they may seek any entry they can get – as they are already doing in China with Hong Kong, not letting go despite the various concessions already made by HK’s Chief Executive, Carrie Lam, supported by Beijing; and also in the autonomous Region of Xinjiang, with the mostly Muslim Uyghur people, many of whom are being recruited by the CIA across the border from Afghanistan, trained and funded to cause destabilizing unrest.

In view of all of this, President Putin’s recent overture to Israel, especially to PM Netanyahu, is worrisome. Netanyahu is by all accounts part of the repressive wave engulfing our Mother Earth, and, in addition, with his cruel policies against Palestine, he may be considered a mass-murderer.

About the Author

Peter KoenigPeter Koenig is an economist and geopolitical analyst. He is also a water resources and environmental specialist. He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research; ICH; RT; Sputnik; PressTV; The 21st Century; Greanville Post; Defend Democracy Press, TeleSUR; The Saker Blog, the New Eastern Outlook (NEO); and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance. Peter Koenig is a Research Associate of the Centre for Research on Globalization.

Five Trading Strategies That Have Often Been Overlooked

When you are ready to start trading, you can make money every day, save money for the future, or create a plan for retirement. There are several ways to invest that will help you save money for the future, or you could create an income using trades. Most people who have questions about trading miss out on the strategies below, and you should study each of these options before you invest in nothing more than regular stocks.

 

1. Boolean Trading

Boolean trading uses the binary to help you make decisions. This is a very simple form of investment that allows you to make complex decisions. You have seen charts that ask you a series of questions to help you come to a conclusion, and that is what you are doing here. Everything is true or false in this system, and you need to be honest with yourself as you are investing.

If you make a particular investment, are you likely to make money? When you answer yes, you can move on to the next step. If the answer is no, you need to move on to another option. You can continue to ask yourself questions until you answer no. You can start on a new path, and you will go through the true/false or yes/no process. You can take a lot of risk out of your investments, and you will not guess when you are investing.

 

2. Commodity Trading

Commodity trading allows you to invest in any commodity from crops to precious metals. You can invest in gold or silver because these metals are stable investments, or you can invest in new commodities like cannabis. The commodities market is very easy to track because crops have harvest seasons. You can invest in precious metals that tend to rise every year, and you can invest in crops that are native to your area.

Talk to your broker about which commodities they would use because they likely have some options for you. Plus, you can research commodities to see if they are rising or falling.

 

3. Bitcoin And Cryptocurrencies

Bitcoin and cryptocurrencies are a good option for you when you want to manage your investments through an app. Remember that all cryptocurrencies are programs that create a currency with a particular value. The cryptocurrency that you choose has an app you need to download to your phone or tablet, and you can track its value easily. Plus, you can buy as many of these currencies as you want.

If you are watching and researching cryptocurrencies, you can make a lot of money. Plus, you can make direct purchases with cryptocurrency.

 

4. Investing In Bonds

Investing in international bonds allows you to collect a profit every year. The bonds you buy have a maturation rate, and you should choose long or short-term bonds that mature at different times. Plus, you can buy these bonds from brokers in the country that is offering them. You make a simple payment, and the bond pays you back at a guaranteed rate.

You might search, “what is a money transfer tracking number,” because you are trying to track all the transactions that you make during the week. Plus, you should take a look at the tracking number if the money has not gotten to your trader yet. This is very important when you are sending money around the world, and you need to remember this is a simple way to invest in international bonds even if you are not using a traditional broker.

 

5. Asset Collection

Asset collection is something that Warren Buffet does perfectly. He is not the owner of a massive company that does one thing. He collects assets and nurtures them. While you might not buy Amtrak and change its corporate culture, you can collect stocks, bonds, and commodities that you will keep for a long time. You will have a much higher net worth than you expected after a few years.

 

One More Thing About Investing

You can invest your money in bonds, commodities, and use the Boolean system to make money. You can plan for the future, or you can make money every month from the investment program you have chosen.

The 3 Main Areas Small Business Investors Look at in Companies

Starting a small business is not easy. Taking it to the next level is even harder. In order to get your business off the ground and turn it into a prosperous and growing company you will need more than just hard work – you will also need plenty of working capital. And if you’re looking for a way to secure funds from a small business investor, you need to make your business attractive to them. Before you meet with a private equity investor, consider these three things that small business investors often look for in a business.

 

1. Businesses within their desired earnings range

There is a difference between a business that is underperforming and a business that is poorly performing. Small business investors don’t mind if your company needs a little help to reach its full potential but if it’s clear that your plan for growth is unrealistic, they may pass you by for a less risky opportunity.

Investors will already have a very clear idea for the amount of funds that they expect companies they invest in to be earning, which is typically $300k – $3M dollars. If your business is not in their desired earnings range, or is showing signs of performance struggle, you may have a hard time attracting small business investors to fund your company.

 

2. Businesses that fit their investment criteria and approach

Knowing what potential investors are looking for in a company is crucial, but no two companies will be looking for the same exact thing. Small business investors have different business investment criteria and approaches.  You need to take time to research and learn what matters to them and how they do business. This understanding gives you a valuable skill –the ability to recognize and acknowledge whether or not your business is a good fit with an investor. If your company doesn’t match their criteria, then it’s time to move on to another small business investor.

Some may seek to align themselves with a wide range of industries while others prefer to focus only on companies within a specific business sector. Some small business investors are most interested in supporting their own personal values and seek to align themselves with a business addressing a singular purpose such as global warming or sustainable design. Others may wish to diversify their investment impact across a range of issues from affordable housing to education. Knowing what is important to a potential investor can help you decide if the relationship is worth exploring further or if you should move on to other options.

 

3. A management team independent of ownership 

Having a management team independent of ownership is one very common and important investment criteria you should be aware of. Private equity firms prefer to invest in companies that have a good management team in place, with a leadership style that is less autocratic and more participative. This is important to small business investors because a capable and competent management team can make all the difference when operational changes are made. They can be a steadying presence and act as mentors to staff and stakeholders. With the right management team in place, you offer the structure, tools and support that small business investors need to feel confident in your ability to do your part.

 

Making your business an appealing investment

Different investors will consider a wide variety of criteria when evaluating your company for possible investment opportunities. Knowing the criteria that matters to a potential investor is a key part of making your business an appealing investment. Do some research. Create a strategic list of investors that you’d like to work with and stop wasting time chasing an investor that is simply not a good fit. Then you can focus your efforts on the small business investors you are most interested in with a well thought-out pitch and presentation that speaks to their specific interests and approaches to doing business.

The Financial Ramifications for Increasing Legislation within iGaming

Over recent years the legislation around online casinos has been changing rapidly with an overall focus on tighter regulations. The iGaming industry has needed to move quickly to comply with the stricter industry regulations and the situation is constantly evolving.

But what does all this mean for the industry and players alike and what does it mean for the future of the iGaming industry? It’s time to take an in-depth look at the effect increased regulations are having on online casinos as we approach 2020.

 

Protecting Casino Customers and Increasing Trust 

These increased rules and regulations are aimed at creating a safer playing environment for customers who wish to enjoy all that an online casino has to offer. By tightening up industry regulations, a player searching NetEnt casino no deposit free spins online, for example, can be more confident of finding a legitimate online casino bonus.

However, with that said, the types and styles of bonus offer which casinos are permitted to advertise are changing due to increased regulations. Where once there was a flood of ‘free spins’ and ‘free cash’ offers everywhere you looked, you are now more likely to see terms such as ‘bonus spins’ and ‘bonus cash’ at online casinos.

New regulations have made it harder for casinos to advertise something as ‘free’ when there are wagering requirements or other conditions attached to it. This comes as a benefit to players who are now more likely to know exactly what a bonus offer involves before they sign up to it. This, in turn, increases trust in the individual casinos which adhere to the regulations as well as the iGaming industry as a whole.

There has been a host of negative headlines in the media associated with online gaming incurring fines for breaking the rules set by international licencing bodies. If players can see that the rules are being enforced properly they may be more likely to feel protected by regulations when playing for fun at an online casino.

 

Protecting Online Casinos and Their Profits

Although the iGaming industry might be tempted to see increased regulations as negative, there are opportunities to be taken from the situation. By putting in place increased checks on their customers sometimes referred to as Know Your Customer (KYC), they are in effect protecting their own interests.

Rogue players at online casinos who are looking to game the system or worse commit fraud can prove to be very harmful to an online casino business. Background, ID and financial checks which new regulations may require will help the casino to weed out any potential harmful players or fraudsters and report them.

 

A Chance to be the Good Guys  

Some iGaming business are already using increasing legislation to their advantage by highlighting how they are being proactive. Rather than waiting to be punished by not following all the rules, some businesses in the industry have seized the initiative and gone for full-on compliance.

Spinning this as a positive has now become a big USP for some casinos and bookmakers online who are looking to push player safety front and centre. This is helping to restore some trust in the iGaming industry at a time when they are hitting the front pages for all the wrong reasons.

The bigger casino and sportsbook brands, in particular, are using the player safety angle to attract new players and retain existing customers. Some have even purchased dedicated domains to highlight the risks of online gambling and how they are caring for their customers.

Only time will tell how far the regulations will go and how much they will affect the profits of the companies involved in the iGaming sector.

6 Questions to Ask a Debt Settlement Company Before Enrolling

In a world in which it’s more common to have debt than not, many people find themselves searching for a solution at some point. Debt settlement is one such option for people bogged down with unsecured debt like credit card bills and medical expenses.

The idea of settlement hinges on negotiating with your creditors — many of whom are often willing to accept a smaller amount than the original balance, provided it’s paid in full in a timely manner. Debt settlement companies exist to help enrollees navigate the process from start to finish, including handling negotiations with their expert teams.

Considering pursuing debt settlement? It’s in your best interest to find the best program possible. Here are six questions to ask any company before signing up.

 

1. How Much Debt Have You Settled So Far?

The biggest testament to any company’s success is its track record. You’ll want to find out exactly how many clients the program has helped and how much they’ve been able to cumulatively settle for participants. Asking for information about a company’s top settlements to date can help you get a feel for the best-case scenario, too.

 

2. What Are Your Fees?

Enrollees in a debt settlement program means paying fees. But you’ll want to make sure any prospective company only charges fees after settling an account; not before. In fact, it’s illegal for settlement companies to charge fees up front, per Federal Trade Commission regulations.

Reputable companies will have no problem being very clear about their fee structure from the get-go and will never spring surprise fees on you before a debt has been resolved.

 

3. Where Do My Deposited Funds Go?

If creditors agree to settle a balance for a certain percentage of the original, that amount needs to be ready to send over. This is why the preparation process involves making monthly deposits until you’ve saved up enough to “play ball” with the creditors.

Ask any prospective debt settlement program where those deposited funds will reside until it’s time to settle. Reputable programs will let you maintain complete control of the account — and it will be FDIC insured, to boot. You should also have the ability to withdraw the money inside that account and close it out at any time.

 

4. What Are the Risks of Debt Settlement?

Debt settlement, like every debt relief strategy, has its own unique set of possible rewards and possible risks. Trustworthy programs will be just as willing to discuss the risks with prospective enrollees as they are to discuss the potential benefits.

Here’s an example: Any company telling you they can stop collectors from contacting you or prevent lawsuits is exaggerating its abilities; the only thing that can guarantee those conditions is paying back the money you borrowed. Settlement is a way to do so, but the process can take 24 months or more. In the meantime, you can take certain measures to minimize debt collector calls on your own.

 

5. What’s Your Estimate for My First Settlement?

While nothing is ever guaranteed in the realm of debt settlement, companies can typically provide you with an estimate for how long your first settlement could take based on your financial situation and their experience. It never hurts to ask so you can set your expectations accurately.

 

6. How Will I Communicate with You After Enrolling?

One of the biggest advantages to working with a debt settlement organization, rather than trying to handle the process alone, is you have a team on your side. Ask up front how you can expect to get in touch with customer service representatives and legal experts.

Asking these six questions before enrolling in a debt settlement program will help you vet it carefully and choose the right strategy for your situation.

Understanding Gap Insurance

You’ve just signed the papers to take possession of the car you’ve dreamed of having since you were a kid drawing pictures of cars in your notebook when you should have been paying attention in math class. You’ve negotiated a terrific lease. The payment is affordable, you’ve more than enough miles in the contract to enjoy the car and the residual value is good too.

All is right with the world — until you get T-boned and the car is totaled. Your insurance company offers a settlement, but it isn’t enough to buy out your lease.

Here’s where understanding gap insurance comes in handy.

 

What Is Gap Insurance?

As the scenario above indicates, gap insurance covers the difference between what you owe and the depreciated value of a car should it be destroyed, stolen, or otherwise rendered unsuitable for use (considered a total loss). You might also see it referred to as loan/lease coverage or guaranteed asset protection. Said in the simplest terms possible; gap insurance helps you recover the difference between what you owe and the amount you’ll receive from your insurance company after a total loss.

 

When You Should Get Gap Insurance

Odds are a gap insurance policy will be of benefit to you if you find something you like after running an internet search to “lease a car near me,” or you finance the purchase of a new car. The best way to decide whether or not you really need it is to get an idea of the wholesale value of your car and compare it to the payoff amount of your loan or lease contract. If the latter is higher than the former — if you’ll owe more than the car is worth — gap insurance could be a good move for you.

In some cases, lenders and leasing companies will require you to have it as a condition of the contract. This is particularly true in situations in which you made a very low (or no) down payment, or agreed to an extended loan or lease term. Gap insurance can also be beneficial if you put a lot of miles on your cars or drive an expensive luxury or sports car.

 

How Gap Insurance Works

OK, so let’s say you lease a car worth $25,000. Your down payment and the payments you make up until the time of the accident come to $10,000. This means there’s another $15,000 in value out there the leasing company was expecting to derive from that vehicle.

Your insurance company values the car at $10,000 and cuts you a check for that amount. The leasing company thanks you, accepts the check graciously and asks, “Where’s our other $5,000?” In other words, you don’t just get to walk away because the car was totaled — they want the rest of their money. If you have gap insurance, the underwriter of that policy will fork over the outstanding balance.

 

What Gap Insurance Covers

As we’ve mentioned above, gap insurance can be a real benefit if your car’s totaled and the balance of the outstanding financial obligation is more than the depreciated value of the car. However, gap insurance can also kick in if the car is stolen and not recovered — or stolen and damaged so badly you can’t be expected to keep driving it.

On the other hand, gap insurance does not cover your deductible if the car can be repaired, nor will it help you if someone is injured in the accident in terms of covering their medical care, funeral expenses or missed paychecks.

Understanding gap insurance can help you avoid a huge out of pocket expense. But you do have to weigh the benefits against the costs to decide if it’s right for you.

Benefits of Using an OCR Software

OCR, also known as Optical Character Recognition, is a software that helps you convert scanned images into an editable text document. It is a tool that every modern office worker should have, as it can help you save a lot of time which you will otherwise spend retyping the document. It can also help you edit PDF documents, as you can convert them into editable file formats with the help of this tool. If you have never come across an OCR software before, and you suddenly have the need to convert a PDF document, this might appear a bit confusing. You must be wondering what is OCR software and how do I use it with PDF? Don’t worry. It is a straightforward process, and all you need is the PDF you want to convert and an OCR software. Having an OCR software in a workplace can be very beneficial, let’s have a look at some of these benefits.

 

It Saves You the Trouble of Retyping

The best part about having access to an OCR software is that it saves you a lot of re-typing. Now, just assume that you had made a text document of an invoice, and it was lost from your computer due to an operating system crash or accidental deletion. You can quickly get it back on your computer if you have the hard copy format available. Just scan the document and run it through an OCR software, and that is it. You don’t need to type it again. If you are wondering which OCR software to opt for, you can check Soda PDF which has several documents converting options.

 

Easy Document Editing

OCR also helps you edit the documents that you have already printed or have available in hardcoded PDF format. There are several documents that might require your attention for editing even when you have printed them in hard-format. These documents include Resumes, Contract and Lease agreements. This can be achieved by converting the document into a different file format. Most of the OCR software out their lets you convert the image or pdf into a file format of your own choice. The formats that are preferred by most people are word and excel.

 

Clears Your Office Space

OCR software can also help you clear all those extra files and documents which are acquiring a lot of your office space. All of those documents can be easily scanned and saved as editable word documents or PDF files on your computer. So, it is time to clear that file cabinet and convert it into a digital folder or a CD.

 

Makes Digital Searching Easier

If you are in the habit of saving scanned documents or invoices in your computer, you might want to run them through an OCR software first. This will not just make the text editable for you, but this can also help you in making the documents searchable. Saving them in scanned format makes it difficult to search for specific documents. This way you will be able to quickly navigate to the text you were looking for with the help of keywords and phrases.

Why a Career Change to the Taxi Industry Might Be Right for You

Making a career change can be a big step. Whether you are looking to get back into work or you are just searching for something new to do with your life, becoming a taxi driver might be a more fulfilling experience than you could imagine. Here are some of the reasons why a career change to the taxi industry might be the right move for you.

 

You Want to Get Out of the Office

If you have been stuck in a 9 to 5 your whole life, you might feel a little bit stifled by your current work environment. One of the best things you can do instead is head out of the office and find something new to do.

Life on the road is never going to boring, even if you are just in your local town. You never know who is going to get into your taxi and you could end up with a hundred and one memorable stories.

Switching to a life on four wheels also allows you to set your own hours. If you are needed for childcare commitments or some other reason, you can easily fit your hours in the taxi around them. This could allow you to still meet the needs of your family while also providing an income.

 

Not as Expensive as You Might Think

The big expense when switching to a career in the taxi industry is going to be the car; especially if you are opting for a hackney cab. However, there are many apps nowadays that allow you to use your own car if it is a certain make and model. Therefore, you might not even have to switch out your car for a new one.

You are going to need a taxi licence from your local authority, of course, but the fee for that is usually quite small.

Taxi insurance is also fairly easy to sort out, although it is important to bear in mind that it’s likely to cost a lot more than ordinary car insurance would do. Make sure you shop around for the best quotes, because this is likely to be one of your biggest recurring expenses.

 

Always a Demand

Other industries might change but there is always going to be a need for taxis until we have stopped using cars. If you are searching for a career that is always going to have work available, you really cannot go wrong with the taxi industry.

Many changes are taking place in the industry, of course, with apps like Uber and Lyft shaking things up, but despite those changes the industry is still going strong. Now is a great time for you to dive in and find out what is on offer.

If you are trying to consider your next big career move, a switch to being a taxi driver should definitely be considered. Before you know it, you might be on the road in your own taxi. Take a look into what is needed to pursue a career in this industry now. It might be easier and less expensive to get started than you ever considered.

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