Categoría: Marco carvajal

TORRANCE, Calif., Feb. 24, 2021 /PRNewswire-HISPANIC PR WIRE/ — Six Honda models have earned the Insurance Institute for Highway Safety’s (IIHS) TOP SAFETY PICK (TSP) rating or better for 2021, with three, Accord, Insight and Odyssey, achieving the pinnacle TOP SAFETY PICK+ (TSP+) rating. Contributing to the top ratings, the 2021 Accord, two Civic models[1] (Sedan and Hatchback), CR-V, Insight and Odyssey each achieve the highest possible rating of «GOOD» in all six IIHS crashworthiness tests. In addition, all feature Honda Sensing^® driver-assistive and safety technology as standard equipment, earning «SUPERIOR» ratings for vehicle-to-vehicle frontal crash prevention.

Honda Sensing^® is now available or standard on every Honda automobile model, and there are well over four million Honda vehicles on U.S. roads today featuring this comprehensive suite of safety and driver-assistive technologies, which includes Collision Mitigation Braking System™ (CMBS™) with Pedestrian Detection; Forward Collision Warning; Road Departure Mitigation (RDM) incorporating Lane Departure Warning (LDW); Lane Keeping Assist System (LKAS); and Adaptive Cruise Control (ACC).

All Honda vehicles also benefit from Honda’s proprietary Advanced Compatibility Engineering™ (ACE™) body structure, designed to protect occupants in a wide variety of frontal collisions, along with advanced supplemental restraint systems, including pretensioning front seatbelts, and front, side, knee and side-curtain airbags.

To earn the 2021 TSP award, a vehicle must earn «GOOD» crashworthiness ratings in all test modes, including in the challenging passenger-side small overlap test. A top-rated vehicle must also offer front crash prevention that earns an «ADVANCED» or «SUPERIOR» rating in both vehicle-to-vehicle and vehicle-to-pedestrian testing, as well as «GOOD» or «ACCEPTABLE» ratings for available headlights; while TSP+ rated vehicles must achieve the same «GOOD» or «ACCEPTABLE» rating for their standard headlights. Separately, every Honda model that has been fully evaluated in the NHTSA’s 2021 model year NCAP testing has received a 5-Star Overall Vehicle Score[2].

For More Information
Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda. Additional media information including detailed pricing features and high-resolution photography of all 2021 Honda models is available at hondanews.com.

About Honda
Honda offers a full line of reliable, fuel-efficient and fun-to-drive vehicles with advanced safety technologies sold through over 1,000 independent U.S. Honda dealers. The Honda lineup includes the Fit, Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

About Honda Safety Leadership
Honda has a long history of leadership in the development and application of advanced technologies designed to enhance the safety of all road users, including automobile occupants, motorcycle riders and pedestrians. The company operates two of the world’s most sophisticated crash test facilities, in Ohio and Japan, and is responsible for numerous pioneering efforts in the areas of crashworthiness, airbag technology, collision compatibility and pedestrian safety.

[1] Excludes Civic Type R.
[2] Government 5-Star Safety Ratings are part of the National Highway Traffic Safety Administration’s (NHTSA’s) New Car Assessment Program (www.SaferCar.gov). Not yet fully evaluated for the 2021 model year are the Clarity series and Civic Type R.

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SOURCE American Honda Motor Co., Inc.

MONTEGO BAY, Jamaica, Feb. 24, 2021 /PRNewswire/ — Sandals Emerald Bay, Golf, Tennis & Spa Resort in Great Exuma, The Bahamas, has officially reopened its doors today, welcoming guests back with its warm Bahamian hospitality and enhanced health and safety measures in place to guarantee travelers’ peace of mind through the Sandals Platinum Protocols of Cleanliness. Sandals Emerald Bay, with its unique blend of sophistication and seclusion, marks the 11^th Sandals Resort currently open for guests to indulge in within a picturesque environment that allows couples to focus on what’s most important – each other.

«Sandals Emerald Bay is a true exotic escape, and our team is beyond ready to welcome our beloved guests back home to paradise,» said Adam Stewart, Executive Chairman of Sandals Resorts International. «We’re greeting our guests with the same 5-star service they’ve come to expect with the seclusion and luxury they’ve been longing for, immersed in the most romantic setting.»

The resort boasts an 18-hole, 7,001 yard, par-72 championship golf course designed by World Golf Hall of Famer and brand ambassador, Greg Norman.  Greg «The Shark» will help to tee-off the grand reopening celebration today by taking over @SandalsResorts Instagram with the «Ask  me Anything» stories Q&A segment. 

Spanning 500 acres with just 249 rooms and suites, Sandals Emerald Bay boasts a variety of open-air spaces for couples to reset their romance and rekindle their love with luxurious accommodations and hyper-personalized service at every level. Couples can enjoy a worry-free all-inclusive vacation knowing they’ll experience the Sandals Platinum Protocols of Cleanliness from the moment they arrive, through the entire on-resort experience, including across over 18 key touchpoints.

Guests booking their next trip to Sandals Emerald Bay can do so with confidence through Sandals Resorts’ ‘Book with Confidence’ program and Travel Protection Plan Insurance, purchased on behalf of guests, and recently extended for all bookings made now through August 31, 2021. Plus, the Luxury Included® resort company now offers complimentary COVID-19 testing on-resort for departing flights heading back to the U.S., Canada, and the United Kingdom per new CDC requirements, in an effort to make the vacation experience as seamless as possible. 

Located in Great Exuma, The Bahamas, Sandals Emerald Bay sits directly on a pristine mile long white sand beach, edged by turquoise waters perfect for underwater exploration or floating around with your loved one – the choice is yours. Sandals Emerald Bay is also home to 11 5-Star Global Gourmet™ dining options, a lavish 29,000 sq. ft. Red Lane® Spa for some personal pampering,  three fresh water pools including the Caribbean’s largest zero entry pool, a world-class 150-slip marina, and unlimited land and water sports including daily diving for certified divers and a Greg Norman-designed 18-hole, par 72 championship golf course recognized as one of the most scenic ocean-side golf courses in the Caribbean.

For more information or to book your next Luxury Included® vacation at Sandals Emerald Bay, please visit www.sandals.com.

Sandals® Resorts:
Sandals Resorts offers two people in love the most romantic, Luxury Included® vacation experience in the Caribbean. With 16 stunning beachfront settings in Jamaica, Antigua, Saint Lucia, The Bahamas, Barbados, Grenada, and now Curacao, Sandals Resorts offers more quality inclusions than any other resort company on the planet. Signature Love Nest Butler Suites® for the ultimate in privacy and service; butlers trained by the Guild of Professional English Butlers; the Red Lane Spa®; 5-Star Global Gourmet™ dining, ensuring top-shelf liquor, premium wines, and gourmet specialty restaurants; Aqua Centers with expert PADI® certification and training; fast Wi-Fi from beach to bedroom and Sandals Customizable Weddings are all Sandals Resorts exclusives. Sandals Resorts guarantees guests peace of mind from arrival to departure with the Sandals Platinum Protocols of Cleanliness, the company’s enhanced health and safety measures designed to give guests the utmost confidence when vacationing in the Caribbean. Sandals Resorts is part of family-owned Sandals Resorts International (SRI), which includes Beaches Resorts and is the Caribbean’s leading all-inclusive resort company. For more information about the Sandals Resorts Luxury Included® difference, visit www.sandals.com.

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SOURCE Sandals Resorts International

TORRANCE, Calif., Feb. 24, 2021 /PRNewswire/ — Six Honda models have earned the Insurance Institute for Highway Safety’s (IIHS) TOP SAFETY PICK (TSP) rating or better for 2021, with three, Accord, Insight and Odyssey, achieving the pinnacle TOP SAFETY PICK+ (TSP+) rating. Contributing to the top ratings, the 2021 Accord, two Civic models[1] (Sedan and Hatchback), CR-V, Insight and Odyssey each achieve the highest possible rating of «GOOD» in all six IIHS crashworthiness tests. In addition, all feature Honda Sensing^® driver-assistive and safety technology as standard equipment, earning «SUPERIOR» ratings for vehicle-to-vehicle frontal crash prevention.

Honda Sensing^® is now available or standard on every Honda automobile model, and there are well over four million Honda vehicles on U.S. roads today featuring this comprehensive suite of safety and driver-assistive technologies, which includes Collision Mitigation Braking System™ (CMBS™) with Pedestrian Detection; Forward Collision Warning; Road Departure Mitigation (RDM) incorporating Lane Departure Warning (LDW); Lane Keeping Assist System (LKAS); and Adaptive Cruise Control (ACC).

All Honda vehicles also benefit from Honda’s proprietary Advanced Compatibility Engineering™ (ACE™) body structure, designed to protect occupants in a wide variety of frontal collisions, along with advanced supplemental restraint systems, including pretensioning front seatbelts, and front, side, knee and side-curtain airbags.

To earn the 2021 TSP award, a vehicle must earn «GOOD» crashworthiness ratings in all test modes, including in the challenging passenger-side small overlap test. A top-rated vehicle must also offer front crash prevention that earns an «ADVANCED» or «SUPERIOR» rating in both vehicle-to-vehicle and vehicle-to-pedestrian testing, as well as «GOOD» or «ACCEPTABLE» ratings for available headlights; while TSP+ rated vehicles must achieve the same «GOOD» or «ACCEPTABLE» rating for their standard headlights. Separately, every Honda model that has been fully evaluated in the NHTSA’s 2021 model year NCAP testing has received a 5-Star Overall Vehicle Score[2].

For More Information
Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda. Additional media information including detailed pricing features and high-resolution photography of all 2021 Honda models is available at hondanews.com.

About Honda
Honda offers a full line of reliable, fuel-efficient and fun-to-drive vehicles with advanced safety technologies sold through over 1,000 independent U.S. Honda dealers. The Honda lineup includes the Fit, Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

About Honda Safety Leadership
Honda has a long history of leadership in the development and application of advanced technologies designed to enhance the safety of all road users, including automobile occupants, motorcycle riders and pedestrians. The company operates two of the world’s most sophisticated crash test facilities, in Ohio and Japan, and is responsible for numerous pioneering efforts in the areas of crashworthiness, airbag technology, collision compatibility and pedestrian safety.

[1] Excludes Civic Type R.
[2] Government 5-Star Safety Ratings are part of the National Highway Traffic Safety Administration’s (NHTSA’s) New Car Assessment Program (www.SaferCar.gov). Not yet fully evaluated for the 2021 model year are the Clarity series and Civic Type R.

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SOURCE American Honda Motor Co., Inc.

BETHESDA, Md., Feb. 24, 2021 /PRNewswire/ — The J. Willard and Alice S. Marriott Foundation together with Howard University announced today the establishment of the Marriott-Sorenson Center for Hospitality Leadership in honor of Marriott International’s (NASDAQ: MAR) beloved president and CEO, Arne Sorenson, who tragically passed away last week from pancreatic cancer. The J. Willard and Alice S. Marriott Foundation will provide a $20 million endowment to launch the Center at Howard University, one of the nation’s leading historically Black colleges and universities.

In addition, Marriott International announced the creation of the Arne M. Sorenson Hospitality Fund which will support the critical programmatic and career development elements of the Center. This Fund is dedicated to helping the industry build leadership talent in hospitality. Marriott has pledged the first donation of $1 million and is inviting other companies, organizations and individuals – from all industries – to support this effort.

The Marriott-Sorenson Center for Hospitality Leadership, which will be housed in Howard University’s School of Business, will feature a best-in-class program that expands educational and professional opportunities for Howard students and aims to develop future executives in the hospitality industry.

«I can think of no better tribute to the amazing legacy of Arne Sorenson than to focus on educating and advancing future leaders of the hospitality industry,» said J.W. «Bill» Marriott, Jr., Executive Chairman and Chairman of the Board, Marriott International. «Arne’s passion for creating a culture of opportunity brought real change in the executive ranks of our company. But work remains to be done. Our industry needs a pipeline of diverse leadership talent and that’s exactly what this Center will achieve. We are proud to bring Marriott International and our family foundation together to partner with this esteemed university in the city of our founding. This innovative program will foster leadership excellence and help drive greater inclusion at the most senior levels of the hospitality industry. We hope that other hospitality companies will join us in designing the program and providing experiential opportunities to generate talent that will meet the needs of the industry well into the future.»  

«Now is the opportune time to launch this work,» said Mieka Wick, Executive Director, The J. Willard and Alice S. Marriott Foundation. «The hospitality industry is evolving in new and exciting ways and there is a clear need for a forward-looking program designed to prepare leaders for this dynamic environment. A deeper commitment to diversity, equity and inclusion is imperative, not only because it is the right thing to do but because it is also good for the industry. The J. Willard and Alice S. Marriott Foundation has a long-standing commitment to creating opportunity for all in the hospitality industry. Howard University, one of the nation’s finest historically Black colleges and universities, is ideally suited to partner with us, given the extraordinary students it serves.»

«Lack of diversity in the executive ranks of companies across America has long been a headline and has been further elevated in the national conversation as we are in this important moment of racial reckoning,» said Dr. Wayne A. I. Frederick, President, Howard University. «Through this partnership with The J. Willard and Alice S. Marriott Foundation and Marriott International, we are best positioned to further our existing commitment and address this most pressing issue. As I have gotten to know the Marriott family over the years, I have been impressed with their commitment to the community and excellence. This program will be a game changer for Howard University students and the hospitality industry by designing unique educational opportunities that meet the future demands of the industry, shaping the already promising talents and passions of our business students, and connecting those students with meaningful careers in the industry. What we are creating is a direct connection between an industry that is on the edge of change and a top caliber talent pool for them to recruit from,» Dr. Frederick said.

World-class Hospitality Curriculum

Today’s announcement establishes the Marriott-Sorenson Center for Hospitality Leadership as well as the Arne M. Sorenson Hospitality Fund, which will support the programmatic and career development elements of the Center. The experiential components of this new program, including access to top hospitality executives and industry leaders for Howard students, will make this curriculum appealing and unique. The Marriott family foundation and Howard University will work together to form a hospitality industry advisory council to design a program that will draw on the university’s ideal location in the geographic heart of the hospitality industry—Greater Washington, D.C.—where Marriott and many other hospitality companies are headquartered. In addition to advising on the development of a world-class hospitality curriculum, the Center’s advisory council members will serve as guest lecturers and mentors and provide hands-on learning opportunities for students. The council will include representatives from Howard, the Marriott family foundation and Marriott International as well as corporate hospitality executives, industry practitioners, association leaders and academics who together will develop a hospitality program focused on traditional and experiential learning opportunities. The goal will be to expose students to the hospitality industry through a management lens.

To learn more about the Marriott-Sorenson Center for Hospitality Leadership and the Arne M. Sorenson Hospitality Fund, or to make a donation, please visit www.howard.edu/sorensonfund. To make a major gift, please contact: Dawn Ridley, Assistant Vice President, Institutional Giving via phone or email at (202) 238-2350 or Dawn.Ridley@howard.edu.

About Arne Sorenson
Arne M. Sorenson was President and Chief Executive Officer of Marriott International, Inc., from 2012 until his passing in February 2021. In his role, he presided over the world’s largest hospitality company and some of the most iconic brands in travel. Mr. Sorenson built his tenure on the bedrock of Marriott International’s core values: putting people first, pursuing excellence, acting with integrity, embracing change and serving our world.

Mr. Sorenson led the acquisition of Starwood Hotels & Resorts Worldwide in 2016, resulting in a dramatic expansion of Marriott’s ability to provide unparalleled guest experiences around the world. The company now has more than 7,600 properties across 133 countries and territories and 30 brands. The merger also created the travel industry’s largest customer-loyalty program, Marriott Bonvoy, which has more than 147 million members.

An outspoken corporate leader, Mr. Sorenson advocated for environmental sustainability, human rights, and diversity, equity and inclusion. Under his leadership, Marriott International was recognized extensively, including by Fortune in 2020 as one of the World’s Most Admired Companies and DiversityInc as one of the Top 50 Companies for Diversity. In 2019, Mr. Sorenson was named CEO of the Year by Chief Executive magazine and was placed on Forbes’ list of America’s Most Innovative Leaders and Barron’s list of the World’s Best CEOs.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,600 properties under 30 leading brands spanning 133 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly– awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

About Howard University
Founded in 1867, Howard University is a private, research university that is comprised of 13 schools and colleges. Students pursue more than 140 programs of study leading to undergraduate, graduate and professional degrees. The University operates with a commitment to Excellence in Truth and Service and has produced one Schwarzman Scholar, three Marshall Scholars, four Rhodes Scholars, 11 Truman Scholars, 25 Pickering Fellows and more than 165 Fulbright recipients.  Howard also produces more on-campus African American Ph.D. recipients than any other university in the United States. For more information on Howard University visit www.howard.edu.

About The J. Willard and Alice S. Marriott Foundation
The J. Willard and Alice S. Marriott Foundation works to create access and expand opportunities in communities by partnering with non-profit organizations committed to solving today’s challenges and improving the lives of others in service of vibrant and thriving communities. Founded in 1966, the Foundation invests to strengthen the vitality of the Washington, D.C. community and surrounding region, advance disease-specific therapeutics and mental health initiatives, and promote career preparedness, with a focus in the hospitality industry. The Foundation embraces collaborative relationships with its partners across industries and sectors to drive the greatest impact. Active engagement as a leader and collaborator in the community, both listening to the community’s voice and promoting their interests, is a long-held, valued practice of the Marriott family and the Foundation. To learn more about The J. Willard and Alice S. Marriott Foundation, please visit https://www.marriottfoundation.org/

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SOURCE Marriott International, Inc.

PLEASANTON, Calif., Feb. 24, 2021 /PRNewswire/ — Neural Propulsion Systems (NPS), a pioneer in autonomous sensing platforms, today emerged from stealth to launch NPS 500™, the safest and most reliable platform for autonomous vehicles that enables the industry to reach Zero Accidents Vision. NPS 500 is the world’s first all-in-one deeply integrated multi-model sensor system focused on Level 4/5 autonomy.

The radically new sensor-fused system precisely interconnects the NPS revolutionary solid-state MIMO LiDAR^TM, super resolution SWAM^TM radar and cameras to cooperatively detect and process 360° high resolution data giving vehicles the ability to prevent all accidents. The densely integrated sensor system enables vehicles to see around corners and over 500 meters of range with ultra-resolution accuracy together with highly adaptive frame rate. The NPS 500 breakthrough capabilities make it 10X more reliable than currently announced sensor solutions.

«LiDAR, radar and cameras will all play significant roles in creating the ideal autonomous driving platform and there is no question that tightly connected sensors with onboard data fusion for automated driving enables more functionalities,» said Pierrick Boulay, senior analyst at Yole Développement. «This direction is unique and is likely to succeed in a market that could reach $25B in 2025* for sensing and computing in both ADAS and robot vehicles.»

«Our goal to prevent all transportation accidents is the holy grail for autonomous vehicles,» said Behrooz Rezvani, founder and CEO of NPS. «We are the sensing system behind the Zero Accidents Platform for large volume deployment at affordable cost. Existing technologies are not sufficient to achieve this paradigm, so we created our own more powerful LiDAR and radar. Our AI-driven sensor-fusion system processes this ultra-high resolution data to create the safest and most reliable solution in the market today. The NPS 500 slashes time-to-market for autonomous vehicle manufacturers, while being the most cost-effective.»

NPS 500 Product Details
The NPS next generation precision-built, multi-modal sensor system is the industry’s most advance autonomous driving solution that addresses physics-based limitations of each sensory system. The NPS 500 enhances and combines the strengths of LiDAR, radar and cameras to create a platform that leverages the capabilities of each technology, while addressing today’s challenges of Level 4/5 autonomy, including:

• Cameras: Provide high resolution images, but lack depth information and depend on lighting conditions
• Radar: Measure velocity with great precision, but have lower resolution than LiDAR and are vulnerable to interference from other radars
• LiDAR: Provide super precision depth information, but its performance and reliability degrade in adversarial, weather and light conditions, and it can get occluded fairly easily

NPS 500 is the world’s first all-in-one deeply integrated multi-model sensor system focused on Level 4/5 autonomy.

Features:

• LiDAR: Revolutionary new solid-state MIMO-LiDAR^TM architecture doubles range to ≥ 500 meters with super resolution and adaptive multi-beam search
• Radar: New class of radar technology with 10X better detection reliability, simultaneous, multi-band 360° FoV, 70X better against other radar signal interference
• Software: First ever AI fusion technology to «see-around-the-corner»
• Chips: 650 Tb/s sensor-data processing on network of tightly connected custom signal processing chips

Benefits:

• Range ≥ 500 meters @ 10% reflectivity
• Doubling the reaction time currently available LiDAR
• Significant increase in sensor data reliability
• See-around-the-corner capabilities
• Anticipating pedestrian’s movement well before reaching cross section
• Detecting moving objects approaching intersections well in advance
• Built-in redundancy for maximum reliability in harsh environments, bad driving and tough terrains
• Low maintenance, automakers can efficiently rely on NPS sensors once the vehicles leave the dealership
• Multi-beam adaptive scan up to 100 FPS to detect and track subtle movements
• See thru occlusion
• Reduced time to market
• Cost effective
• Low CAPEX and OPEX for OEM customers

Pricing & Availability
Customers and partners may contact info@neuralpropulsion.com for more information.

About Neural Propulsion Systems (NPS)
The NPS mission is to eliminate all transportation accidents to achieve the Zero Accidents Vision. Founded in 2017 by Silicon Valley luminaries, including entrepreneur Behrooz Rezvani, former Ikanos and Quantenna founder and CEO. NPS is delivering the world’s first all-in-one deeply integrated multi-model sensor system for Level 4/5 autonomy for large volume deployment at an affordable cost. Its flagship product NPS 500™ precisely interconnects the NPS revolutionary solid-state MIMO LiDAR^TM, super resolution SWAM^TM radar and cameras to cooperatively detect and process 360° high resolution data. The densely integrated deep sensor-fusion system gives vehicles the ability to see around corners and over 500 meters away, making it 10X more reliable than competitors. Find NPS on the web, Twitter and LinkedIn.

All trademarks and product names are the property of their respective companies.

* Sensing and Computing for ADAS Vehicle 2020

Media Contact:
Gary Bird
FortyThree, Inc.
831.401.3175
nps@43pr.com

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SOURCE Neural Propulsion Systems

LAS VEGAS, Feb. 24, 2021 /PRNewswire/ — Tennessee’s online sportsbooks hit a fresh high in January, becoming just the seventh state to generate more than $200 million in sports bets in a single month while extending its record launch to three months, according to analysts from PlayTenn, which offers news and analysis of the fledgling Tennessee gaming market.

«Tennessee continues to be among the most surprising ascents of any U.S. sports betting market,» said Jessica Welman, analyst for PlayTenn.com. «The records won’t last, as Michigan already proved by snapping Tennessee’s record for a debut month. But the industry is off to a better start in the Volunteer State that anyone could have expected.»

Bettors placed $211 million in wagers in January, according to official data released Tuesday evening by The Tennessee Education Lottery. That is up 16.6% from $180.9 million in wagers in December. Those wagers produced a record $21.8 million in the operator revenue, up 56.8% from $13.9 million in December, which in turn generated $4.3 million in state taxes.

Tennessee’s pace remains historic through three months. January’s results pushed lifetime gross sports betting revenue to $49 million and wagers to $523 million, topping Indiana’s $274.2 million, which was the previous record for a market’s first three months. The momentum should continue. Volunteer State bettors showed significant interest in February’s Super Bowl, wagering more than $15 million on the big game, producing a «win» of nearly $3 million, according to unofficial preliminary data released by the TEL.

Interestingly, the unexpected Kansas City loss helped sportsbooks easily attain a 20% hold for the event, which should help them meet the 10% overall hold requirement in February.

But Tennessee’s market faces its first headwinds, too. Most notably, Virginia launched online sports betting in January, the first of Tennessee’s neighbors to do so.

«The near-perfect conditions Tennessee enjoyed in its first two months were never going to last forever, but continued growth even as competition rises remains encouraging,» said Dustin Gouker, analyst for PlayTenn.com. «It’s early, but it appears that the market has plenty of room for growth, even if more nearby states regulate sports betting themselves.»

The TEL does not report results from individual sportsbooks, but it appears that BetMGM is faring particularly well. In a year-end earnings call, BetMGM reported that its Tennessee sportsbook collected $70 million in January bets, representing about one-third of the state’s entire handle. That would presumably place it in a heated competition with rivals FanDuel and DraftKings, the nation’s two largest sportsbook operators, in addition to local operator Action 24/7.

Those operators could have new avenues to generate wagering, too, including the possibility of allowing sports betting pools, perhaps even ahead of March Madness.

«Young markets are expected to evolve, especially in the first few months, but adding pools could add a significant revenue generator for operators,» Welman said. «»The Tennessee Lottery realizes the appeal of legal betting pools in a state obsessed with college sports and March Madness, so it will do its best to get that approved in time for the Big Dance. Regardless, it is smart to try to capitalize on the state’s early momentum with new innovations.»

For more, visit PlayTenn.com/news.

About the PlayUSA.com Network:
The PlayUSA.com Network and its state-focused branches is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

Contact:
Zack Hall, Catena Media, 294121@email4pr.com, 775-338-0745

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SOURCE PlayTenn.com

HENDERSON, Nev., Feb. 24, 2021 /PRNewswire/ — Light jet brokerage firm AEROCOR, announces record setting numbers for 2020 as the firm completed 58 transactions, 31 of which occurred during the fourth quarter. This makes AERCOR the global leader in Very Light Jet sales for the fourth year running.

AEROCOR attributes much of the success to the increase in demand for private aircraft resulting from the COVID-19 global pandemic, coupled with the firm’s increased footprint in the light jet aircraft space.

«The pace of transactions stalled during the onset of the pandemic as many quarantined and monitored the stock market,» notes company co-founder Gavin Woodman. «By mid year, however, financial markets had rebounded and demand for private air travel increased. Additionally, two macro economic factors contributed to a year end squeeze. Several tax incentives were set to expire at the conclusion of 2020, providing motivation to complete a sale before their expiration, and an administration change in the White House led to fears of future tax code changes, further motivating buyers and sellers to complete transactions before year’s end.»

A review of Amstat data reveals the unprecedented magnitude of Q4 transaction volume. A total of 991 jet transactions occurred during the last quarter of 2020 which dwarfs the previous record of 676 transactions set in the fourth quarter for 2018. «We predicted a spike in transaction volume during this period, though the scale of the increase was well beyond what most had anticipated» adds Woodman. «For now, inventory levels remain low and demand is stable, making this a great time to sell.»

AEROCOR celebrated a number of milestones in 2020, including completing 27 Eclipse 500 initial type ratings which shattered their previous record of 21 type ratings set the year prior and making AEROCOR the largest provider of initial Eclipse type ratings in the world. The company says that it plans to announce a number of new products and services in the coming months.

To learn more about AEROCOR, contact  AEROCOR at 747.777.9505, 294111@email4pr.com, or visit www.AEROCOR.com

AEROCOR LLC is a full service aircraft sales organization providing brokerage & acquisition services to owners of light turbine aircraft. AEROCOR is the global leader in Very Light Jet (VLJ) sales and acquisitions. AEROCOR’s mission is to serve as the trusted resource for the owner-pilot community; utilizing concise, relevant, objective information to create detailed context, giving customers the confidence to make informed decisions with peace of mind.  AEROCOR aircraft sales: «Better results from better data.» 

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SOURCE AEROCOR