Skill Or Chance: India Panel Calls For Regulatory Body New Law For...

Sept 29 (Reuters) - Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the kingdom a global hub for gaming, state news agency SPA said on Thursday.

The report noted that state governments already find it "difficult to implement and monitor geo-fencing measures" to ensure that no user in their region is accessing an illegal forms of gambling or gaming.

Downcast Gisele Bündchen was spotted without her wedding ring as she left a building in Miami - where a host of businesses, including attorneys, have offices - as rumors of her and Tom Brady's divorce continue to swirl. 

To streamline the legal framework, the 108-page report says India needs a new federal online gaming law, which will provide regulatory flexibility "with punishment provisions, along with blocking powers, for the government against prohibited gaming formats".

For online games such as fantasy cricket on Dream11, paid contests remain the popular attraction. Users can create their teams by paying as little as 14 rupees (17 U.S. cents), with a total prize pool of 7 million rupees ($88,000) up for grabs by winners.

The panel of Prime Minister Narendra Modi's top officials has for months been drafting regulations for the country's online gaming sector, where foreign investors such as Tiger Global and Sequoia Capital have backed gaming startups Dream11 and Mobile Premier League, hugely popular for fantasy cricket.

Bündchen was also recently spotted in the parking lot of her gym, along with her children Benjamin, 12, and Vivian, 9, on Tuesday with her luxurious diamond ring missing from her left hand as she locked the car door.

Xbox maker Microsoft announced the $69 billion acquisition of "Call of Duty" maker Activision Blizzard Inc in January and has pledged to keep the hit franchise on PlayStation beyond the existing agreement with Activision.

This makes your university a joy to zoom in on, to get a closer look at its cartoon weirdos, with names like Dennis Gutterflake and Synapse Periwinkle, as they handle rayguns in science class or flirt near the statue of love.

The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner".

It's also fun because, well, it's fun. Like its ward-based forbear, Two Point Campus has a colourful look and a lightly sardonic sense of humour.
Your establishment's tannoy will blurt out advice like: ‘Students are reminded to set reminders.' And rather than a redbrick, you're more likely to be setting up a castle-like school for knights, with classes in jousting.

Many believed that Brady re-entering the NFL became a bone of contention for Bündchen. However, their rift is completely unrelated to the former Patriots' star's football career, DailyMail.com can confirm. 

He had initially quit his career, in part, to focus on his family - as he vowed to spend more time with them since Gisele 'deserves what she needs from me as a husband, and my kids deserve what they need from me as a dad.' 

'He will tell you he has been over that line but he always comes back,' Myers said. 'Nobody is saying they don't want him around ... but [Wednesday] was not a good moment. ... I don't think he likes putting himself in these spots. He is in one, but I think he'll find a way to earn the respect of his teammates and Jordan back.' 

"We are harnessing the untapped potential across the esports and games sector to diversify our economy, drive innovation in the sector and further scale the entertainment and esports competition offerings across the Kingdom."

Simply defining games has been contentious. India's Supreme Court says the card game rummy and certain fantasy games are skill-based and Http://wimbi.wiki/ legal, but at least one state court classified games such as poker as chance-based, or akin to gambling, which is banned in most states.

Another 20 billion riyals will be invested in mature industry partners who bring expertise to Savvy's portfolio and 2 billion riyals will target industry disruptors "to grow early-stage games and esports companies."

It has five independent subsidiaries, including esports arm EFG, as well as Nine66, which "is building an ecosystem for game developers and studios", and VOV company, which is building gaming and competition venues. ($1 = 3.7580 riyals) (Reporting by Ahmed Tolba and Enas Alashray in Cairo; writing by Yousef Saba in Dubai; editing by David Evans, Alexandra Hudson)

Both Green and Poole are eligible for lucrative contract extensions from the cash-strapped Warriors, who are trying to reduce an already skyrocketing luxury tax bill. Last season, en route to their fourth title in the last eight seasons, the Warriors racked up an NBA-record $170.3 million in luxury taxes on top of their league-high $184 million roster payroll.