Olympic boss urges confederations to consider virtual sports

IOC Presdient Thomas Bach said that sports confederations should take an active role in the organisation and governing of virtual sports events.

Olympic boss urges confederations to consider virtual sports

The head of the Olympic movement said that sporting confederations should consider their relationship with virtual sports in light of social distancing.

International Olympic Committee President Thomas Bach says that confederations should take an active role in the organisation and governance of virtual or electronic versions of their sports.

“Whilst maintaining our principles by respecting the red line, with regard to the Olympic values, we encourage all our stakeholders even more urgently to ‘consider how to govern electronic and virtual forms of their sport and explore opportunities with game publishers’,” Bach wrote in a letter to members of his organisation.

The Olympic movement includes a wide variety of disciplines, with varying degrees of popularity but virtual sports are being considered a viable stop-gap for sports fans.

Several global sports already have lucrative relationships with their virtual sports counterparts with licensed Formula 1 games and the Fifa franchise being excellent examples. Top F1 drivers have even joined in on the virtual racing calendar and have excelled.

Visitors play on EA Vancouver video game developer’s football simulation video game FIFA 19 at the eSports Bar trade fair in Cannes, southern France on February 13, 2019.(Photo by YANN COATSALIOU / AFP)

Sports betting industry looking to esports

The most intense of sports fans are those who have something riding on the outcome, and the sports betting industry is already looking to virtual events to keep them going.

CEO and founder of betting company Golden Race, Martin Wachter says his company would also be looking to increase its markets in the arena beyond the time of lockdowns and social distancing guidelines.

“I see virtual sports as a big opportunity,” he said in an interview with iGB. “You have to understand that what you push now in online it will be here, it will remain.

“And when you are back in retail, when you are back with your sports betting, you still will have the beauty of virtual sports in your traffic. People get used to it, so this is what I see in Golden Race. Even if we lose all the retail and we lose money, one day we will be back, and we have topped up our virtuals online, and we will be stronger than ever.”

Virtual sports a massive opportunity

The sports betting industry had taken note of the value of virtual sports long before the current global health crisis forced almost all on-field action to cease.

“You can play 24/7 virtual sports and what we see, for example, with our biggest operator in Italy [is that it tells us that] Golden Race’s virtual Serie A makes more tickets than the real Serie A. Why? Because people can pick their favourite team and they can play it all day long, not only once or twice a week.”

Golden Race runs the virtual side of their business in line with traditional sports betting conventions.

“The main idea is when someone off your betting platform is moving to your virtual platform, there is a zero learning curve; everything is the same.”

Source : The South African More   

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South Africa: Today’s latest news and headlines, Wednesday 29 April

Government is in a race against time to finalise lockdown level 4 regulations.

South Africa: Today’s latest news and headlines, Wednesday 29 April

Never miss a beat when it comes to the latest news in South Africa – check out all major headlines on Wednesday 29 April.

As South Africans prepare to enter level 4 of lockdown, economic support schemes for embattled business owners and hungry citizens encounter administrative hiccups. Meanwhile, law enforcement agencies tighten surveillance in volatile areas which have seen unrest as a result of the lockdown’s fierce financial pressures.

Today’s latest news in South Africa, Wednesday 29 April

Lockdown funding schemes ‘overwhelmed’

The demand for financial assistance during lockdown, from businesses and citizens who have lost their jobs as a result of the economic downturn, has overwhelmed the state’s capacity to deliver. While President Cyril Ramaphosa recently announced a R500 billion Economic Relief Package, intended to mitigate the country’s financial ruin, certain schemes, particularly those serving informal, small, medium and micro enterprises (SMME), are experiencing teething problems.

The tourism industry, which has been hardest hit by the global pandemic, has been thrown into further disarray by a series of legal challenges emanating from the support fund’s BEE position.

In light of recent job cuts, government’s Unemployment Insurance Fund (UIF) has been kept especially busy, paying out more than R3.3 billion. Unfortunately, the magnitude of the administrative task has left over 10 000 workers in the lurch.

The department revealed that UIF employees were working around the clock to deal with “extraordinary volumes of requests for assistance”.

Government rushing to finalise level 4 regulations

During a National Command Council (NCC) briefing on Tuesday, ministers revealed that government was busy finalising regulations to accompany level 4 lockdown.

Tourism Minister Mmamoloko Kubayi-Ngubane admitted that the NCC was in a race against time, noting that the public submissions received on Monday were still being assessed and that definitive answers in line with amendments to the Disaster Management Act would be revealed by the council ‘soon’.

Each minister is expected to deliver directives pertaining to their respective departments before 1 May.

Social grant payment dates confirmed

The elderly and persons with disabilities, who receive their monthly social grants from the South African Post Office (SAPO), will from May receive their monies from the fourth day of the month.    

All other grants will be paid from the sixth of every month, SAPO said in a statement on Tuesday.

“The Post Office also advises beneficiaries not to make a balance enquiry on the first day of the month, as their grant will only become available on the dates mentioned above and the balance enquiry may incur unnecessary bank charges,” said SAPO.

Beneficiaries are allowed one free balance enquiry during each pay cycle. (Source: SAnews)

Western Cape Provincial Parliament talks police brutality

The Western Cape Provincial Parliament’s Ad Hoc Committee on COVID-19 will today assemble, digitally, to discuss issues concerning policing, security and police brutality. The meeting will include input from the provincial Police Commissioner, provincial Minister for Community Safety, the Department of Community Safety, the provincial head of the Independent Police Investigating Directorate and the Western Cape Police Ombudsman.

Recently, South Africa had the dubious dishonour of ranking high on the United Nations’ list of countries with ‘toxic lockdown structures’. Georgette Gagnon, director of field operations for the UN, said:

“In South Africa, the UN has received reports of police using rubber bullets, tear gas, water bombs and whips, to enforce social distancing, especially in poor neighbourhoods.”

Latest weather forecast, Wednesday 29 April

Take a look at weather forecasts for all nine provinces here.

Live traffic updates for Cape Town, Johannesburg and Durban

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Horoscope today

Free daily horoscope, celeb gossip and lucky numbers for Wednesday 29 April.

Source : The South African More   

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