Sebi lays guidelines for beta version of T+0 settlement cycle
Capital markets regulator Sebi on Thursday put in place a framework to introduce the beta version of the T+0 trade settlement cycle on an optional basis.To begin with, this option will be available for a limited set of 25 scrips and with a limited number of brokers.This will be in addition to the existing T+1 settlement cycle in the equity cash market. The new framework will come into force with effect from March 28, the Securities and Exchange Board of India (Sebi) said in a circular.
“Pursuant to deliberations and approval of the Board, it has been decided to put in place a framework for the introduction of the Beta version of the T+0 settlement cycle on an optional basis in addition to the existing T+1 settlement cycle in the equity cash market, for a limited set of 25 scrips and with a limited number of brokers,” Sebi said.
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Realty funds see housing sales boom to stay resilient
Real estate-focused private equity funds expect the current boom in housing sales to sustain and do not see any concerns of a potential bubble in the segment.
Housing sales across the top seven cities have hit a record high in the third quarter of the calendar year, despite the usually slow monsoon quarter, and are expected to touch a decadal high this year, say property consultants.
However, unsold inventories have remained high too, almost at last year’s levels or declined marginally, they said.
“We anticipate that residential sales will remain resilient in the coming quarters. Despite recent interest rate hikes by the RBI, demand in the real estate segment has continued to strengthen over the past two years,” said Anand Lakhotia, co-head, real estate funds at Motilal Oswal Alternates.Come from Sports betting site VPbet
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Suits Complete Series On Blu-Ray Is On Sale For Over 30% Off At Amazon
Earlier this year, the popular legal drama Suits finally released on Blu-ray following a huge resurgence in popularity after being added to Netflix. The 35-disc collection contains all 134 episodes as well as a bunch of special features. In the lead-up to Prime Day 2024, Amazon has dropped the price of Suits: The Complete Series to $75. Considering it launched in March for $110–Walmart sold out at that price–this is a deal fans should pay attention to. Come from Sports betting site VPbet
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The 10 Best Hulu Original TV Shows Streaming Now
Hulu’s initial success came from streaming current episodes of TV shows. But when cable services began fulfilling that need with On Demand programming, Hulu needed something to offer beyond rerunsCome from Sports betting site VPbet. And in the past five years, the company’s original TV programming has made Hulu a subscription-worthy service in its own right.
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Crab Sports forms partnership with Intelitics for user acquisition in Maryland
On Tuesday, April 11th, 2023 the mobile sportsbook provider that is headquartered in Maryland, Crab Sports, formally announced that they have recently decided on Intelitics in order to power their user acquisition in the state of Maryland. The sportsbook operator intends to utilize this newly formed partnership to increase new user acquisition at scale from the day it launches and ultimately goes live.
The Partnership between Intelitics & Crab Sports
This new partnership will continuously enable Crab Sports to take advantage of and use Intelitics’ data – driven, cutting – edge platform, as well as their supreme product suite in order to administer all affiliate and paid media activity for their mobile sportsbook. That sports bookmaker is currently scheduled to launch to the public in the state of Maryland sometime during the 2nd – quarter of 2023 so…
City of Dreams Mediterranean opening delayed by over nine months
The provisional opening date for the €550 million ($668 million) integrated casino resort being built in Cyprus by Melco International Development Limited has reportedly been pushed back by over nine months to the autumn of next year.
According to a Wednesday report from the Financial Mirror newspaper, construction on the giant City of Dreams Mediterranean development began in June of 2018 in hopes that the five-star facility would be able to start welcoming guests to its 500 rooms by the end of this year. The source detailed that the finished Las Vegas-style development is destined to be the largest of its type in Europe and come complete with a spa, a gym and meeting and conferencing facilities alongside a 1,500-seat theater and an 80,720 sq ft casino offering a selection of over 80 gaming tables and approximately 1,000 slots.
Devastating delay:
However, the newspaper reported that construction of the 16-story property for the Limassol suburb of Tserkezoi was p…
Playtech and Evolution Gaming Join Danish Gaming Association Spillebranchen
Leading Danish online casino and betting service provider association, Spillebranchen, has announced the inclusion of renowned game suppliers Playtech and Evolution Gaming in the group’s membership. According to the association, the addition of the leading suppliers to the iGaming industry is a testimony about the Spillebranchen’s commitment to cover a wider array of the gambling industry shareholders to be able to represent them in a more efficient and effective manner.
Leading Association in Denmark:
With an aim to ensure safe and secure gaming environment and fair and clear conditions of competition for its members, Spillebranchen is an association of leading gambling industry players in Denmark. The association includes an array of industry players and works to create a sustainable gambling market and promote best gambling industry practices. It also serves as a bridge between the various gaming stakeholders to strengthen the collaborati…
Pennsylvania Supreme Court to Rule on Legality of Skill-Based Gaming Terminals
Pennsylvania’s highest court has taken up a crucial case to determine the legality of cash-paying electronic game terminals, commonly known as skill games, found in convenience stores, bars, and other establishments across the state. The Supreme Court’s decision to hear an appeal by the attorney general’s office follows a lower-court ruling that categorized these machines as games of skill rather than chance, challenging the state’s stance that they constitute unlicensed gambling.
Significance of the Supreme Court’s decision:
Legal experts and stakeholders view the Supreme Court’s involvement as pivotal, potentially establishing long-term regulatory standards for these contentious machines. Jeffrey Rosenthal, representing Parx Casino, emphasized the case’s importance in shaping future legal interpretations.
Pennsylvania’s courts and lawmakers have grappled with the legality of skill games for…