Asset allocation: Top down, or bottom up?
Within a multi-asset class balanced portfolio, there are different ways to manage the asset allocation. Some managers prefer to follow a ‘top-down’ strategy, others a ‘bottom-up’ approach. It is also [...]
Top Ten 2016 Resolutions for an Ambitious Value Investor
Its Vital to set goals for yourself,it motivates and drives us to reach our targets and keeps us focused on making great investments to achieve better returns. Here are the [...]KIRUBI It’s time to find our own solutions, open up our markets and add value to each other'
Away from the entertainment scene, Kirubi will appear dapperly dressed in double-breasted suits with presidents and diplomats, discussing economic policies. But behind the smile is a perceptive mind that has [...]ODUNDO; How NSE Will handle Derivatives Trading
BY Geoffrey Odundo- CEO Nairobi Securities Exchange The Nairobi Securities Exchange (NSE) has received the green light from the Capital Markets Authority (CMA) to start issuing and trading derivative contracts [...]Four NSE Stocks To Buy In December 2015
With the holiday season rapidly approaching, investors might not be thinking all that much about their stock portfolios right now.The Kenyan Wallstreet believes that these four stocks, which span a wide diversity [...]Exploring New Opportunities: Free Spins No Deposit from the Best Online Casinos
Online casinos have been on the rise during the past couple of years. That’s normal, as online casinos offer much more flexibility. It’s no longer necessary to visit a retail [...]The Ethics of iGaming: Balancing Profit and
ResponsibleGaming iGamingisthecollectivenamethattheonlinegamblingindustryusesfortheirwiderangeof gamblingproductsandservices.Thisincludesallyourclassiccasinogames,bettingon sportsandotherevents,aswellassportstrading. Thisindustryhasseenunprecedentedgrowth,inthelastfiveyearsthetotalglobalrevenue hasdoubledfromaround50billionto100billioneuros.ThisistheGrossGamblingRevenue (GGR),whichisthedifferencebetweenthewageredamountandthepaidoutprizes.With anaveragepayoutofalmost95%,thisrepresentsatotalwageredamountof2,000billion euros. Witharevenueof40billioneuros,Europeisthebiggestonlinegamblingmarketinthe world.Oneofthedrivingforcesbehindthisisthatonlinegamblinghasbeenregulatedin almostallEuropeancountries.Aregulatedmarketensuresthatconsumershavealegal, safeandfairwaytogamble.Notonlydidthismakegamblingmoreaccessibleandattractive, ingeneralitalsomeantthatoperatorswereallowedtoadvertise. Thebattleforthecustomer Thereasoningbehindallowinggamblingadsisthatconsumersshouldbemadeawareof, andchannelledtowardsthenewlegaloptionswheretheirsafetyandwellbeingwouldbe ensured.Wellbeinginthiscontextmeansthatvulnerablegroupsofpeople,especiallyminors andyoungadults,mustbeprotectedagainsttherisksthatgamblinghas. However,thisiswherethefirstethicaldilemmasappear.Howaggressivecanorshouldyour marketingcampaignbewhenenteringanewandhighlycompetitivemarket,whilststill respectingtheobligationtoprotectthosevulnerablegroups? Oneofthemostrecentexamplesofhowonlinegamblingoperatorshavedealtwiththis responsibility,wasthelonganticipatedregulationoftheDutchgamblingmarket.Although somerelativelystrictruleswereimposedinordertoprotectyoungadultspeopleunder24 yearscannotbegivenanybonusesorpromotions,theruleswithregardstoadvertisingwere notasstrict. Althoughrestrictionswithregardstothetimesatwhichcommercialsforbettingand gamblingarecommonworldwide,withthegovernmentfocussingonfacilitatingthesocalled ‘channellingtowardlegaloptions’,operatorsweretrustedtoselfregulateandtaketheir [...]
