Tag: bets

Mohegan Gaming bets major on foreign casinos

by  on  in foreign business

To hear CEO Mario Kontomerkos tell it, Mohegan Gaming & Entertainment’s solution weapon in its recent operate of winning international contracts is its feeling of time.

Mario Kontomerkos, CEO, Mohegan Gaming & Entertainment

Foreign regulators also often see U.S.-dependent bidders for vacation resort licenses as targeted on a transactional, time-is-dollars technique. Which is a feeling of time that grates on Outdated Environment sensitivities in cultures that check out time in generations instead than in quarterly earnings reviews.

It also operates opposite to the principles of the Mohegan Tribal Council, the guiding pressure at the rear of the privately-held MGE.

Montville-dependent Mohegan Gaming seeks to establish a extensive-term marriage with its communities, Kontomerkos points out, and is inclined to devote in infrastructure and providers that give positive aspects outside of the resort’s footprint.

He points to the effect Mohegan Solar has experienced on the state of Connecticut, beyond the borders of

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Canada bets on imports as house-developed COVID-19 vaccine heads to large-scale trials

by  on  in foreign business

TORONTO (Reuters) – Canada’s reliance on source contracts to protected COVID-19 vaccines from drugmakers like Pfizer Inc has put day by day everyday living for Canadians, and potential customers for the overall economy in excess of the next yr, in the hands of a number of international companies dealing with overpowering world wide need.

Medicago workforce harvest Nicotiana benthamiana crops to extract virus-like particles (VLP) in Medicago’s Durham Facility in Durham, North Carolina, U.S. in an undated photograph. Medicago/Handout by way of REUTERS.

As other governments pour hundreds of hundreds of thousands or billions into vaccine enhancement, Canada has earmarked C$1 billion ($761 million) to acquire doses overseas. Meanwhile, Quebec-centered Medicago has labored with a shoestring price range on its property-grown, plant-primarily based vaccine.

Medicago, owned by Japan’s Mitsubishi Tanabe Pharma and tobacco corporation Philip Morris, reported promising early trial knowledge this 7 days and said on Thursday it programs

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Canada bets on imports as property-grown COVID-19 vaccine heads to large-scale trials

by  on  in foreign business

TORONTO (Reuters) – Canada’s reliance on supply contracts to protected COVID-19 vaccines from drugmakers like Pfizer Inc has place each day everyday living for Canadians, and prospective clients for the economic climate more than the following calendar year, in the hands of a couple foreign firms struggling with frustrating world-wide desire.

Medicago staff harvest Nicotiana benthamiana vegetation to extract virus-like particles (VLP) in Medicago’s Durham Facility in Durham, North Carolina, U.S. in an undated photograph. Medicago/Handout through REUTERS.

As other governments pour hundreds of millions or billions into vaccine advancement, Canada has earmarked C$1 billion ($761 million) to invest in doses overseas. Meanwhile, Quebec-based Medicago has labored with a shoestring funds on its residence-grown, plant-centered vaccine.

Medicago, owned by Japan’s Mitsubishi Tanabe Pharma and tobacco enterprise Philip Morris, noted promising early trial knowledge this week and said on Thursday it options to commence large-scale scientific tests. The vaccine works by

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