Yesterday’s results Innswood 4 Kingston Technical 0 Spanish Town 0 Excelsior 1 Jonathan Grant 1 Vauxhall 0 Bridgeport 1 Wolmer’s 2 St George’s College vs Denham Town Today’s game Cumberland High, led by a second-half hat-trick by Leonard James, came from two goals down to score a shock 3-2 victory over Dunoon High in an ISSA/FLOW Manning Cup Group E game at Rockfort Sports Club field yesterday. The win gave Cumberland their first points of the 2015 competition. They had lost their previous eight matches. James fired home his goals in the 51st, 87th, and 90th minutes. Dunoon went 2-0 up courtesy of Shackel Campbell (14th) and substitute Kashief Gordon (42nd). Dunoon came into the game confident of victory against lowly Cumberland but remained on 10 points with two games remaining. They still have a mathematical chance of advancing to the next round. James was happy that he was able to score all the goals in his team’s first win of the season. “It’s a pleasure to score for the team. They know I am capable, and I went out there and executed. The coach (Wayne Fraser) told me how to play and I followed his instructions,” James, a 15 year-old in his second year in the Manning Cup, told The Gleaner. Fraser added: “The feeling is great! First, thank the Lord for this win today! Well, our senior players are just coming back into the team, so we have been playing better.” On the other hand, coach of Dunoon Gregory Hall was obviously disappointed that his team gave the game away in the dying moments. “We have so many things to work on,” Hall said. “We led comfortably and then lost the game, but they are youngsters, so I won’t come down hard on them. We remain optimistic (of advancing), with two games remaining in the round,” added Hall, a former Dunoon goalkeeper.
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Newgioco cuts first half loss despite revenue decline Online gaming operator and supplier Newgioco Group has reported an 18.5% year-on-year decline in revenue for the first half of 2020, though reduced operating costs saw the business halve its net loss for the period.Turnover for the six months to 30 June fell 11.1% to $210.0m, with a 4.0% rise in online turnover to $182.2m wiped out by a 54.4% drop in retail’s contribution. This period saw Newgioco’s 150 betting shops in its core Italian market closed from 8 March to 4 May as a result of the novel coronavirus (Covid-19) pandemic, and major sporting events cancelled or suspended.It was not until 19 June that all land-based betting shops and kiosks were all back in operation.After payouts of $192.5m, Newgioco’s gross gaming revenue was down 14.6% at $17.6m. Once Italian gaming taxes of $2.6m were paid, and platform revenue of $24,797 (down 85.7%) factored in, Newgioco’s revenue for the first half came to $15.0m, down 18.5% year-on-year.The retail shut-down and suspension of sports did result in a decline in operating costs for the period, which fell 21.5% to $15.9m, resulting in a reduced operating loss of $896,472.However, other costs were significantly reduced, falling from $2.6m in H1 2019 to $881,377. This was down to a $722,500 gain on marketable securities, while interest expenses declined to $173,073 and debt amortisation charges fell 64.3% to $737,074.This resulted in a $1.8m loss before tax, which after income taxes of $590,097 resulted in a net loss of $2.4m, down 51.6%. Once a $93,514 foreign exchange loss was factored in, Newgioco’s comprehensive loss for the half was reduced 50.3% to $2.5m.This followed a second quarter in which revenue was down 47.2% to $4.8m. Turnover for the three months to 30 June only decreased marginally, however, falling 5.2% to $94.1m as growth in online stakes offset retail wagering falling to $4.2m.Costs and expenses declined 29.0% to $6.8m, resulting in an operating loss of $2.0m, up significantly from a $523,703 loss in the prior year. Once again, other expenses fell significantly due to reduced interest expenses, lower debt amortisation charges and a gain on marketable securities.But with revenue for the quarter falling, this still translated to higher losses. Loss before income taxes widened to $2.5m. After $62,059 in income taxes, Newgioco’s net loss grew 42.0% to $2.5m, which after a $18,516 gain from foreign currency translations, resulted in a comprehensive loss of $2.5m for the period, up 46.7%. Subscribe to the iGaming newsletter Regions: Europe Southern Europe Italy Online gaming operator and supplier Newgioco Group has reported an 18.5% year-on-year decline in revenue for the first half of 2020, though reduced operating costs saw the business halve its net loss for the period. 20th August 2020 | By contenteditor Tags: Mobile Online Gambling Finance Email Address Topics: Finance Sports betting Tech & innovation