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Teranga Gold Increases Mineral Resource Estimate for Golden Hill

October 5, 2020

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Figure 1

Golden Hill Property – Prospect Location Plan Map

Mine license application expected to be submitted by year–end;
$15 million earmarked through 2021 for drilling

(All amounts are in U.S. dollars unless otherwise stated)

TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) — Teranga Gold Corporation (“Teranga” or the “Company”) (TSX: TGZ, OTCQX:TGCDF) is pleased to update the mineral resource estimate for Golden Hill, an advanced-stage exploration project located in southwest Burkina Faso within the central part of the Houndé Greenstone Belt, a highly mineralized gold region that hosts three operating gold mines.

Wholly-owned by Teranga, Golden Hill is a key component of the Company’s growth pipeline and has delivered multiple near-surface, high-grade, oxide gold discoveries transitioning into fresh hosted structurally controlled mineralization extending to considerable depths well below the oxide component of these mineralized bodies.

Golden Hill

Lakers-Heat: Bettors have absurd amounts of money riding on NBA Finals, according to William Hill Sportsbook

October 1, 2020

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The midseason hiatus and subsequent Orlando bubble as a response to COVID-19 has changed almost everything about this NBA season, but it has had a notable impact on gamblers. Bettors that had futures stakes in some of the best teams in the NBA saw their money go up in flames when groups like the Milwaukee Bucks and Los Angeles Clippers couldn’t adjust to bubble ball. The Miami Heat, meanwhile, have rewarded the faith that bettors put in them with one of the more surprising runs to the Finals in recent NBA history.

The numbers on some of the earlier bets placed on the Heat, according to William Hill Sportsbook, are stark. Here are the some of the craziest bets they took:

$200 on the Heat at 200-to-1 to win the title ($40,200 payout).
$600 on the Heat at 75-to-1 to win the title ($45,600 payout).
$2,000 on

Caesars Entertainment buys bookmaker William Hill for $3.7B

September 30, 2020

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ATLANTIC CITY, N.J. (AP) — Caesars Entertainment said Wednesday it is buying the British bookmaker William Hill for $3.7 billion in a deal aimed at binding its casinos ever closer to the fast-growing legal sports betting industry in the U.S.

Caesars said it is interested in the the company’s U.S. assets, and indicated it would seek to sell off William Hill’s assets in the United Kingdom and other countries.

“The opportunity to combine our land based-casinos, sports betting and online gaming in the U.S. is a truly exciting prospect,” Tom Reeg’s Caesars CEO said in a statement. “William Hill’s sports betting expertise will complement Caesars’ current offering, enabling the combined group to better serve our customers in the fast growing U.S. sports betting and online market.”

The private equity firm Apollo Global Management Inc. had also been interested in acquiring William Hill; it remains to be seen if the firm

Caesars to buy William Hill for $3.7 billion in sports-betting drive

September 30, 2020

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By Tanishaa Nadkar

(Reuters) – U.S. casino operator Caesars Entertainment agreed on Wednesday to buy British-based gambling group William Hill for 2.9 billion pounds ($3.7 billion) to expand in the fast-growing U.S. sports-betting market.

The U.S. group, owner of Las Vegas’s Caesars Palace, intends to sell William Hill’s non-U.S. operations, including more than 1,400 UK betting shops, and said it would integrate the U.S. business into Caesars with few, if any, job losses.

It could sell the UK assets to private equity group Apollo, sources told Reuters this week, and if that failed, launch an auction process.

Online gaming firm 888 said it would be interested.

“We’re looking at different activities and bolt-on acquisitions. This (William Hill’s European business) can definitely fall under that category,” CEO Itai Pazner told Reuters.

Stifel analyst Bridie Barrett, meanwhile, said she viewed a tie-up between Caesars and 888 as increasingly likely in the medium

Advising Capitol Hill on insurance

September 29, 2020

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While other companies have been asking lawmakers for aid and support during the coronavirus pandemic, insurance company Allstate has spent its time lobbying against government intervention in their work.

The head of Allstate’s D.C. office, Saat Alety, successfully lobbied Congress against retroactively rewriting business interruption insurance contracts to cover lost income due to COVID-19 closures, an idea Democrats were pushing.

“The COVID-19 story that we have to tell in the insurance industry and for Allstate is a fascinating one. I would categorize this concept of government retroactively rewriting insurance policies as one of the worst ideas that emerged as a solution to the pandemic,” Alety told The Hill in a recent interview.

“Obviously the small-business community is in pain in this country, and Congress has tried to give them some relief and probably needs to do more, but having government rewrite our policies is to the extreme detriment of our

SEC accuses Cedar Hill man of scamming investors out of at least $1.1 million

September 28, 2020

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The U.S. Securities and Exchange Commission is accusing a Cedar Hill man of targeting churchgoers in a digital currency investment scam that totaled at least $1.1 million.

In a complaint filed Monday in federal court in Dallas, the SEC described Clifton Curtis Sneed Jr. as a “recidivist securities law violator” and said he portrayed himself as an investment expert from 2014 through 2019 while hiding his lengthy record of securities violations.

Sneed lied to clients about his financial certifications and failed to disclose that he was receiving commissions from the companies that he recommended to clients, according to the SEC. The complaint said clients lost about $1.1 million while Sneed pocketed at least $400,000 in commissions.

Now incarcerated at a low-security federal corrections institution in Seagoville, Sneed is awaiting criminal trial over related wire and securities fraud charges.

In examples cited by the SEC, Sneed defrauded “numerous” clients, including a

William Hill investors should take Caesars’ money and run

September 28, 2020

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Lombard nicknamed William Hill, the betting business, Zippy Chippy, a US racehorse famous for 100 starts and no wins after the group’s record of false starts, falls and refusals. The column may have to think of a better nickname after the bookie received a 272p bid from its US partner and casino operator Caesars. It focuses attention on online betting in the US as never before. Until recently, investors’ eyes tended to turn to the negative regulatory outlook for betting in William Hill’s UK heartland. In contrast, US state rulemakers have been freeing restraints on online gambling since 2018.

That was the year William Hill signed a 25-year joint venture with the casino operator El Dorado, which became Caesars Entertainment, to gain access to the US group’s casinos and name. The UK group now claims a 29 per cent share of running sports books in Las Vegas and Nevada gambling

Caesars, Apollo make takeover approaches for UK bookmaker William Hill

September 27, 2020

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Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.

British bookmaker William Hill PLC said it has received takeover proposals from Caesars Entertainment Inc. and Apollo Management International LLP, the latest sign of global interest in the growing U.S. sports-gambling market.

Sports betting in the U.S. was booming before the pandemic, and the monthslong shutdown of casinos for social distancing this year underscored the value of online sports wagering for major gambling operators. In recent months, betting companies have spun off digital arms and made big investments into online gambling, activity that has been accelerated by the impact of the pandemic on retail revenue, according to analysts.

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William Hill, a London-listed company that has become a major player in the U.S., said Friday that talks with the two potential suitors were ongoing but cautioned there was no

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