Article by Sheldon Valdez

Online Gambling and the Financial CrisisDespite the current financial crisis, the online gambling market continues to grow. With the rises in fuel, but cheaper surfingsolutions and a smoking ban in all licensed premises in the UK, it seems gamblers are leaving the car in the garage and playing online poker or placing there bet on sporting events from the computer in there home.Sportingbet, the online gambling site has reported no signs of a slow down due to the credit crunch, as more and more people have a bet on there home computers. The website operator reported a 30 per cent increase in revenues, and recent trading is even stronger. It said it had seen no evidence of negative impact on business from recent events in financial markets shares in the company have gone up..William Hill, the second biggest bookies in the UK recently bought up online gambling software provider PlayTech and claims to have transformed itself into Europe

The banks that facilitate the transaction will be published in two ways: the media will release those who are committed to provide loans through the ban “Aid to investment programs of Micro and Small Enterprises and individuals can make use of the list” of virtuous ” through the Website of Economic Development www.sistema.puglia.it.

Deputy Mayor for Economic Development Loredana Capone says:
“Today, we reinforce a way of working inspired by transparency. Publishing the data and making them accessible to all, we expect to improve the competitive capacity of banks. The crisis leads us to a struggle in which the actors involved must play by all players. The Region has done its part by publishing notices to 11 Euros 508milioni 770mila in a few months, companies are planning investments on their part with great vivacity. Banks a great responsibility not to close the taps of the credit. So we felt the need to transfer to citizens and businesses to exactly know how they work in the institutions with regional funds. Sometimes the reputation of financial operators tends to overshadow the results. We would rather that those who work hardest to emerge because the competition is not in words. If a bank is missing or not very active in our directory, you understand that hardly agree to help finance an investment with regional contributions. Today the situation is one that we are talking, but the site is dynamic then update, hopefully with the involvement of children absent.

“Over the last 15 days – added Loredana Capone – I have spent much time listening to unions and professional associations in each sector. All the social state in small banks gives business’s greatest crisis of our economy. I made a commitment to do everything in my power to help to untie this knot. Transparency and competition are key intervention today. I gave the Councilor sent technicians to check what is possible to predict improvement of temporary schemes “.

Here’s how to reach the elend banks and their work:

Access to data from the portal
now possible to monitor in real time the Bank’s work (for the granting of loans) and trusted (for security), is open to all via the Website of Economic Development www.sistema.puglia.it.
The route is simple: you must first register on the site and then open the news in the foreground, notice the section on “Aid for investment programs of Micro and Small Enterprises” (which is also called the portal “aid scheme — Title II “). From there, the link “Item in progress” leads to two pages: “The work of Banks” and “The work of Confidi.” So you can see in real time the position of the practices of grant, respectively, of the loans and guarantees. On the left are listed banks or Confidi, the center the number of practices, right to total investments. The page is dynamic then allows a continuous updating of the situation. At the same news also accessed through the “Active Calls”.
How does the following notice:

The notice
the notice “Title II” handles about 400 million investment fielding 100 million of public funds. This is an interest subsidy, which the Region pays a sum that corresponds to the interests that the Company shall pay to the bank to obtain a mortgage. With the difference contribution comes to companies in a single advance. So not only are slaughtered interests, but the support in a single solution works as a grant in the capital account. Have access to the companies concerned to submit their applications directly to the bank instructing the practice and forwards it to the Region. If the bank grants the loan, the Region provides the company with interest. Applications for relief must relate to investment projects initial minimum amount equal to 30 thousand Euros for the creation of a new production unit, expansion or modernization of existing production unit, diversification of production, and a change in the production process. The notice is to stop, so it is open (from 23 April) until exhaustion of resources.

The initiative of the Puglia region is truly commendable. Not only ensures greater competition between banks, but allows all citizens to understand how we are doing the operations, secure the feed-back.

At the same time it facilitates the small and medium enterprises with the necessary funding to operate in a time of crisis.

I hope that the initiative will expand to all the Italian regions and ports soon its benefits.