The Wright View; Much hope for Rio

first_imgFour years after the London Olympics, the hype regarding the safety of the next venue, Rio de Janeiro, in Brazil, seems to have died down, particularly where track and field is concerned. The start of the lucrative Diamond League series has heralded the onset of several other meets all over the world, giving fans and indeed athletes an opportunity to discover who are the potential finalists in the many events to be contested this summer. Jamaicans got an opportunity, up close, to witness one such early contest with the staging of the Jamaica International Invitational (JII) meet last Saturday at the National Stadium. The meet was well attended and the usual World leading and personal best performances of some of the athletes on show added to the general satisfaction of those who attended or who watched on television. The late withdrawal of some of the big name stars seemed not to have dampened spectator enthusiasm except when it was announced – just before the start of the women’s 200-metre event – that double Olympic sprint champion and Jamaican sprint queen, Shelly-Ann Fraser-Pryce would not be running. The Jamaican hopefuls who did compete, however, gave fans confidence that the prophesy of Olympian and new Member of Parliament, Juliet Cuthbert-Flynn, would be fulfilled. Mrs Cuthbert-Flynn predicted that the nation would surpass the 12 medals garnered at the event in London in 2012. Elaine Thompson (10.79), Kemar Bailey-Cole (10.01) in the 100-metre races, Danielle Williams (12.55) in the sprint hurdles, Janieve Russell (54.61), Jaheel Hyde (49.16) in the 400m hurdles races, Javon Francis (44.85) and Novlene Williams-Mills (50.87) in the flat 400m, all showed signs of being in the finals of their events in Rio. This is not to say that the other Jamaicans who competed last Saturday night have no chance in reaching the finals or even medalling in Rio. Asafa Powell looked very good in the early stages of the men’s 200m and his time of 20.45 is not to be sniffed at. However, with his history of groin and hamstring injuries, I am confident that his handlers will encourage him to concentrate on the 100m and the second or finishing leg of the 4x100m relay, of which the nation seems to be a sure pick for the gold in Rio. There were other very notable performances at the JII last Saturday. Bahamian Shaunae Miller, who ran what seemed to be an easy 22.14 in the women’s 200m, was the standout performance of the night. Miller is better known as a 400m runner, who uses the 200m to sharpen her speed in the first 200m of the race. Her body type is reminiscent of another top world class runner (a male) and if she continues to progress (as it now appears), Marita Koch’s very suspicious world record of 47.60 seconds may be in danger. Well, maybe not this year, but definitely before the following Olympics.last_img read more

Mass growth leads the way for NagaWorld as revenue profit soar in

first_img Success Universe profit soars 230% in 1H19 on higher Ponte 16 share Genting Malaysia enjoys improved 2Q19 showing on better luck at Resorts World Genting NagaCorp has continued its strong momentum in the six months to 30 June 2019, with gross gaming revenue rising 22% to US$872.4 million and net profit by 36% to US$245.1 million at its Cambodian integrated resort NagaWorld.Positive growth was the trend across all segments, most notably in the mass market where GGR grew 38% to US$222.5 million driven by increasing tourism to Cambodia, particularly from China which recorded a 40% growth in the first five months of 2019 according to official government figures. NagaCorp said that mass table drop grew 32% and EGM bill-ins 29% in 1H19. Macau GGR tumbles 8.6% in August RelatedPosts Load More VIP rolling grew by 38% to US$23.2 billion, although a lower win rate when compared with the same period in 2018 saw revenue increase by 18% to US$649.9 million.Segment growth was attributed to a range of factors, including customer demand for higher limit tables and two new junket operators commencing fixed base operations at Naga2. It also pointed to Suncity Group’s recent move to a larger space at Naga2 that accommodates more VIP tables and other supporting entertainment facilities.“Overall, both South East Asian and Macau-based junket operators have contributed to increased VIP rollings during the period,” NagaCorp said.EBITDA for 1H19 grew 41% to US$327.8 million with the company declaring a cash dividend of US3.39 cents, equivalent to HK26.27 cents, to be paid on 20 August 2019.As previously reported by Inside Asian Gaming, NagaCorp earlier this week released further details of its planned Naga3 expansion, which it says will see NagaWorld rival Macau’s best integrated resorts.last_img read more